#defense market report

[aerospace-and-defence]

The top five spenders in 2022-23 were the United States(39.1%), China(13.0%), Russia(3.8%), India(3.6%), and Saudi Arabia(3.3%), collectively contributing to 63% of global military expenditure. This trend highlights the strategic priority nations are assigning to bolstering their defense capabilities in the current geopolitical landscape.

[mohitbisresearch]

The Europe large caliber ammunition market is projected to reach $1,686.1 million by 2033 from $782.1 million in 2023, growing at a CAGR of 7.98% during the forecast period 2023-2033.

[aarunresearcher]

United States voice biometrics market size is projected to exhibit a growth rate (CAGR) of 16.85% during 2024-2032. The increasing focus on security and the need for robust authentication methods, the rising demand in financial services, the rapid technological advancements in artificial intelligence (AI) and machine learning (ML), and the shift towards multi-factor authentication (MFA) are some of the factors propelling the market.

[mordorintelligencemarketresearch]

Understanding the Europe Defense Industry: Trends, Challenges, and Future Outlook 

The defense industry in Europe is experiencing a transformative phase, driven by evolving geopolitical dynamics, technological advancements, and increased government spending. As nations prioritize national security and defense capabilities, the market is set for significant growth. In this blog, we will explore the current landscape of the European defense industry, key trends shaping its future, and the challenges it faces. 

Current Landscape of the Europe Defense Industry 

The European defense market is characterized by a diverse range of sectors, including land, air, and naval defense systems, cybersecurity, and advanced technologies like artificial intelligence and unmanned systems. The industry's size and scope vary across different countries, with leading nations like France, Germany, the United Kingdom, and Italy at the forefront of defense expenditure and innovation. 

According to recent market research, the European defense market is projected to grow significantly in the coming years, fueled by heightened security concerns due to geopolitical tensions and the ongoing threat of terrorism. Governments are increasingly recognizing the need for robust defense capabilities, leading to a surge in military budgets and investment in advanced technologies. 

Key Trends in the European Defense Market 

Increased Defense Budgets: Many European countries are raising their defense budgets to meet NATO's requirement of spending at least 2% of GDP on defense. This trend reflects the growing recognition of the need for enhanced military capabilities amid rising threats. 

Focus on Technological Innovation: The integration of advanced technologies such as artificial intelligence, robotics, and cybersecurity into defense systems is reshaping the industry. European defense contractors are investing in research and development to create cutting-edge solutions that enhance operational efficiency and effectiveness. 

Collaborative Defense Initiatives: There is a growing emphasis on multinational collaboration and joint defense projects among European nations. Initiatives like the Permanent Structured Cooperation (PESCO) aim to foster cooperation in defense capabilities and procurement, ultimately leading to a more integrated European defense landscape. 

Shift towards Sustainability: The defense industry is increasingly focusing on sustainability and reducing its environmental footprint. Efforts to develop eco-friendly technologies and sustainable practices are gaining traction, aligning with broader global sustainability goals. 

Challenges Facing the Europe Defense Industry 

Despite its growth potential, the European defense industry faces several challenges: 

Geopolitical Uncertainties: The ongoing geopolitical tensions in Eastern Europe, particularly regarding Russia, and the shifting dynamics of international relations can create uncertainties for defense planning and investment. 

Supply Chain Disruptions: The COVID-19 pandemic exposed vulnerabilities in global supply chains, impacting the availability of critical components and technologies in the defense sector. Addressing these disruptions is essential for maintaining operational readiness. 

Budget Constraints: While many countries are increasing defense spending, economic pressures and competing priorities can still pose challenges to sustaining long-term investment in defense capabilities. 

Future Outlook 

The future of the European defense industry looks promising, with strong growth potential driven by increased government spending, technological advancements, and collaborative initiatives. As countries strive to enhance their defense capabilities and address emerging threats, investment in innovative solutions will be paramount. 

Industry stakeholders must remain agile and responsive to changing market dynamics, focusing on developing sustainable, cutting-edge technologies that meet the evolving needs of national security. By embracing collaboration and innovation, the European defense industry can position itself as a global leader in defense solutions. 

Conclusion 

The European defense market is undergoing a significant transformation, shaped by a variety of factors including geopolitical challenges, technological advancements, and a commitment to sustainability. As the industry continues to evolve, stakeholders must navigate the complexities of the market while capitalizing on emerging opportunities. With a strong focus on collaboration and innovation, the European defense industry is well-equipped to meet the challenges of the future and ensure national security for its nations. 

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/europe-defense-market   

[tritonmarketresearchamey]

UAV Battery Market: What’s Next?

In 2020, the total global consumer UAV or drone shipment was around 5 million units. Estimates suggest this number to reach around 9.6 million units by 2030. Despite the demand, UAVs tend to face short travel range issues, which has elevated the demand for robust electrical protection systems. Subsequently, the increased demand for lithium-ion, fuel cells, and nickel batteries is widening the scope of the UAV battery market globally.

In recent years, battery technologies such as fuel cells have gained momentum with benefits like greater energy density that enables superior control and stability during movement. Doosan’s DS30 drones powered by a 2.6 kW fuel cell is one such example having four to five times the higher energy density than other batteries.

As per industry sources, the battery market has witnessed tremendous technological developments in recent years. This has pushed the production and deployment of UAV batteries, influencing the studied market to evolve at 17.46% between 2022 and 2028.

UAV Battery Market: Progression Backed by Funding

Military investments and government support for drone technology have soared immensely, elevating UAV battery stocks. In line with this, operating players are streamlining their portfolios regarding components and affordability. This growth is majorly observed in North America and Asia-Pacific.

The Asia-Pacific UAV battery market is expected to witness the fastest growth at a CAGR of 18.01% due to rising investments in battery R&D and defense budgets, such as:

China, for instance, invested $293 billion in its 2021 defense budget, focusing primarily on security & surveillance, fueling the deployment of unmanned aerial vehicles.

The Indian government liberalized drone rules by announcing a 100% subsidy for using UAVs in the agricultural sector.

The Japanese government is developing an autonomous combat drone to detect energy aircraft and eliminate any missile strikes. This development project is believed to be a joint undertaking with the US, with a prototype set to be ready for testing by 2025.

Such government measures have sored demand for lithium-based batteries, which leads the market in terms of product type. Their role in supporting long cycle life and energy efficiency in UAVs propels the segment’s growth. Hence, companies like Shenzhen Grepow Battery are launching high-technology lithium batteries to gain a competitive edge in the market.

However, geographically, North America UAV battery backs the highest position in 2021, with a CAGR of 17.54%. This growth is attributable to increasing military funding, with the United States accounting for a major share. For instance:

The US Department of Transportation FAA invested $2.7 million to support research on UAVs used in disaster preparedness, creating a high demand for Li-ion, fuel cells, etc.

The Federal government allocated around $7.5 billion to the Pentagon for the employment of numerous robotic technologies, including UAVs, for air, ground, maritime, and other domains.

Transport Canada introduced a Drone Strategy to 2025 program to provide a strategic vision for drones, raising awareness about their significance and untapped economic potential that will drive the sector’s growth.

Industry-wise Outlook: Surveillance Measures Widens Scope

Commercial, consumer, and industry verticals are key categories supporting the market’s growth. Among these, Defense, government, & law enforcement secures the majority of shares in the industry vertical segment. The high demand in the sector has guided companies like Boeing to develop drones like MQ-25 Stingray aerial refueling. In 2021, the drone completed carrier-based testing. And in early 2022, it became the first drone to refuel a Boeing F/A-18 Super Hornet. As a result, prominent players like General Atomics Aeronautical and AeroVironment Inc have integrated new technologies to develop high-endurance batteries, thereby creating opportunities for the UAV battery market.

Commercial Drones to Star with Augmented Applications

Over the last few years, the commercial application of drones has expanded from photography to monitoring agricultural land, paving the path for smart operations. Their adoption in the e-commerce sector is also expected to soar over the near future. Companies like Amazon are fueling the adoption with the launch of Prime Air Fixed-wing Drones for delivery purposes. Although the market is projected to strengthen, it faces certain challenges such as:

Issues arise from a series of electrical malfunctions mid-flight and other thermal runaway complications.

Stringent regulations that are restricting the transport of unmanned aerial vehicles.

Nevertheless, the ongoing expansion in industries and capitalization from geographies are projected to create prospects for the UAV battery market over the forecast period.

FAQs:

Q1) What is the size of the UAV battery market?

The UAV battery market was valued at $4500.80 million in 2021 and is expected to attain around $13481.66 million by the year 2028.

Q2) Who are the big players in the UAV battery market?

Plug Power, Intelligent Energy, Sion Power, Eagle Picher Technologies, Inventus Power, Shenzhen Grepow Battery, Epsilor, HES Energy Systems, RRC Power Solutions, and Doosan Corporation are some players studied in the report.

[aviationanddefence1]

Global defense Inertial Measurement Unit market reports

A device called an Inertial Measurement Unit (IMU) uses accelerometers and gyroscopes to measure and report force, respectively, and angular rate. Defense inertial measurement units monitor a number of important factors, two of which are the specific gravity and the angular rate of an object. It should be noted that a magnetometer, which measures the magnetic field surrounding the system, is an optional part of this arrangement. By combining a magnetometer into a Defence Inertial Unit, which filters algorithms to determine orientation information results in a device, an apparatus known as an Attitude and Heading Reference Systems (ARHS) is constructed.

One inertial sensor may be able to perceive just measurements along or around one axis, according to the general operation of an inertial measurement unit. To get a three-dimensional solution, three different inertial sensors have to be mounted in an orthogonal cluster, or triad. This trio of inertial sensors arranged in a triad is referred to as a 3-axis inertial sensor since each of the three axes may yield a single measurement from the sensors. This kind of inertial system, which provides two independent measures along each of the three axes for a total of six measurements, is called a 6-axis system. It consists of a 3-axis accelerometer and 3-axis gyroscope.

Main elements propelling the market's expansion:

The market for inertial measurement units is expected to rise as a result of the growing use of autonomous cars and advanced driver assistance systems (ADAS) in both the defense and commercial sectors. The demand for MEMS-based IMU technology is increased by the global defense Inertial Measurement Unit market reports ability to display the precise location of the automotive system in real-time.

Trends impacting the market's expansion:

One of the primary drivers of the growth of the defense inertial measurement units market is the growing use of gyroscopes in the defense industry. The instrument is used to both stabilize the angular velocity and measure the precise velocity. The demand for MEMS-based technology, which enables end users in the commercial automobile and defense sectors to get exact information about their surroundings, is driving the overall growth dynamics.

Dynamics of the Market:

The defense inertial measurement unit is expected to have higher research-based expenditure, which would propel market expansion. The expansion of defense inertial measurement units is also expected to be driven by the rising market penetration of unmanned systems. IMUs are currently widely used in Unmanned Aerial Vehicles (UAVs), AGVs, and other robots that need to know their altitude and position in space.

Advancements:

Another area of research using inertial measurement units that is becoming more and more prominent is collaborative robot research. The focus of the study is on the positioning of human workers who collaborate with collaborative robots. The deployment of human workers is required to achieve safe human-robot cooperation. Vision and ranging sensors will be used to determine the workers' positions. On the other hand, IMU can be used to determine both the operator's position and the altitude. Compared to the previous technology, which frequently only recorded the operator's approximate location and direction, the motion capture system based on IMUs can follow the movement of the operator's full body, making it more appropriate for human-robot collaboration.

[aviationanddefence]

Global defense AI market report

In the military, artificial intelligence, or AI, refers to the mixing of cutting-edge technology with existing military hardware to boost its power and effectiveness. The developed nation's investments will be concentrated in the military sector. These expenditures go towards the R&D of new technological developments as well as the development of wartime equipment. AI-equipped military systems manage large amounts of data efficiently. Because AI in the military has better decision-making and computational skills, they have better self-regulation and self-control. Autonomous weapon platforms use computer vision to track and recognise objects.

Protection Radars and automatic identification systems can provide valuable information when they are equipped with artificial intelligence (AI). Therefore, the development of artificial intelligence in the military is fueled by the upgrading of military tools, equipment, and weaponry with the newest technology. The rapid advancement of artificial intelligence may have consequences for national security. AI is being developed by defense agencies across the globe, including the US, China, Russia, and the EU, for a variety of military uses. Logistics, information operations, cyber operations, command and control, intelligence gathering and analysis, and many autonomous and semi-autonomous vehicles are among the industries utilizing AI (Artificial Intelligence).

The primary driver of the defense artificial intelligence market's expansion:

The primary driver of the Global defense AI market report expansion is the development of sophisticated military hardware. Conflicts between nations have strengthened defense forces, led to increasing acquisition of cutting-edge weaponry enabled by artificial intelligence, and resulted in the integration of fresh technology into the established system. Governments designate specialized divisions to plan, implement, and initiate artificial intelligence capabilities into their current equipment and to develop new capabilities.

Trends impacting the market's expansion:

Artificial intelligence (AI) is expected to grow in the defense industry in the coming years due to its applications in the military, including object location, underwater mine detection using neural networks, automated logistics through the integration of unmanned aerial vehicles and unmanned ground vehicles, big data analytics for improved decision-making, and bioinspired robots. The growth of artificial intelligence (AI) in defense is also anticipated given the increase in expenditures being made in the integration and development of robots and AI as well as the large amount of defense budget allocated to R&D and the purchase of AI-based equipment.

Dynamics of the Market:

SIPRI reports that there is a rise in military spending, which is a result of international conflicts that push nations to bolster their defense industries. Artificial intelligence raises questions about potential mistakes in intricate military scenarios. Concerns are voiced, arguing that human control over robots is required to offer humanitarian protection as more governments employ AI-powered technologies for automation and monitoring. Concerns about whether the government is surreptitiously creating "Automated Killer Robots" in order to win the Artificial Intelligence Arms Race are also held by groups such as Human Rights Watch.

Advancements:

The US Air Force gave Soartech a contract to improve the AWACS mission's voice recognition and cognitive agent training capabilities. Five surrogate aircraft that can train an aircraft's brain to analyze, comprehend, and communicate with other platforms during combat have successfully undergone testing by US Boeing. In order to facilitate the operation of counter-unmanned aircraft systems, multi-domain intelligence, surveillance and reconnaissance, and unmanned aircraft systems, CACI International purchased Ascent vision technologies. One of the most powerful nations in Asia awarded Israel-RAFAEL Advanced Defence weapons a USD 200 million deal for its Spike ATGMs, electro-optically guided missiles, SPICE 2000 air-to-surface weapons, tactical, and advanced communication systems.

[electronalytics]

5G Technology in Defense Market

[mostlysignssomeportents]

Amazon's bestselling "bitter lemon" energy drink was bottled delivery driver piss

Today (Oct 20), I'm in Charleston, WV at Charleston's Taylor Books from 12h-14h.

For a brief time this year, the bestselling "bitter lemon drink" on Amazon was "Release Energy," which consisted of the harvested urine of Amazon delivery drivers, rebottled for sale by Catfish UK prankster Oobah Butler in a stunt for a new Channel 4 doc, "The Great Amazon Heist":

https://www.channel4.com/programmes/the-great-amazon-heist

Collecting driver piss is surprisingly easy. Amazon, you see, puts its drivers on a quota that makes it impossible for them to drive safely, park conscientiously, or, indeed, fulfill their basic human biological needs. Amazon has long waged war on its employees' kidneys, marking down warehouse workers for "time off task" when they visit the toilets.

As tales of drivers pissing – and shitting! – in their vans multiplied, Amazon took decisive action. The company enacted a strict zero tolerance policy for drivers returning to the depot with bottles of piss in their vans.

That's where Butler comes in: the roads leading to Amazon delivery depots are lined with bottles of piss thrown out of delivery vans by drivers who don't want to lose their jobs, which made harvesting the raw material for "Release Energy" a straightforward matter.

Butler was worried that he wouldn't be able to list his product on Amazon because he didn't have the requisite "food and drinks licensing" certificates, so he listed his drink in Amazon's refillable pump dispenser category. But Amazon's systems detected the mismatch and automatically shifted the product into the drinks section.

Butler enlisted some confederates to place orders for his drink, and it quickly rocketed to the top of Amazon's listings for the category, which led to Amazon's recommendation engine pushing the item on people who weren't in on the gag. When these orders came in, Butler pulled the plug, but not before an Amazon rep telephoned him to pitch him turning packaging, shipping and fulfillment over to Amazon:

https://www.wired.com/story/amazon-let-its-drivers-urine-be-sold-as-an-energy-drink/

The Release Energy prank was just one stunt Butler pulled for his doc; he also went undercover at an Amazon warehouse, during a period when Amazon hired an extra 1,000 workers for its warehouses in Coventry, UK, in a successful bid to dilute pro-union sentiment in his workforce in advance of a key union vote:

https://jacobin.com/2023/10/the-great-amazon-heist-oobah-butler-review

Butler's stint as an Amazon warehouse worker only lasted a couple of days, ending when Amazon recognized him and fired him.

The contrast between Amazon's ability to detect an undercover reporter and its inability to spot bottles of piss being marketed as bitter lemon energy drink says it all, really. Corporations like Amazon hire vast armies of "threat intelligence" creeps who LARP at being CIA superspies, subjecting employees and activists to intense and often illegal surveillance.

But while Amazon's defensive might is laser-focused on the threat of labor organizers and documentarians, the company can't figure out that one of its bestselling products is bottles of its tormented drivers' own urine.

In the USA, the FTC is suing Amazon for its monopolistic tactics, arguing that the company has found ways to raise prices and reduce quality by trapping manufacturers and sellers with its logistics operation, taking $0.45-$0.51 out of every dollar they earn and forcing them to raise prices at all retailers:

https://pluralistic.net/2023/04/25/greedflation/#commissar-bezos

The Release Energy stunt shows where Amazon's priorities are. Not only did Release Energy get listed on Amazon without any quality checks, the company actually nudged it into a category where it was more likely to be consumed by a person. The only notice the company took of Release Energy was in its logistics and manufacturing department – the part of the business that extracts the monopoly rents at issue in the FTC case – which tracked Butler down in order to sell him these services.

The drivers whose piss Butler collected don't work directly for Amazon, they work for a Delivery Service Partner. These DSPs are victims of a pyramid scheme that Amazon set up. DSP operators lease vans and pay to have them skinned in Amazon livery and studded with Amazon sensors. They take out long-term leases on depots, and hire drivers who dress in Amazon uniforms. Their drivers are minutely monitored by Amazon, down to the movements of their eyeballs.

But none of this is "Amazon" – it's all run by an "entrepreneur," whom Amazon can cut loose without notice, leaving them with unfairly terminated employees, outstanding workers' comp claims, a fleet of Amazon-skinned vehicles and unbreakable facilities leases:

https://pluralistic.net/2022/04/17/revenge-of-the-chickenized-reverse-centaurs/

Speaking to Wired, Amazon denied that it forces its drivers to piss in bottles, but Butler clearly catches a DSP dispatcher telling drivers "If you pee in a bottle and leave it [in the vehicle], you will get a point for that" – that is, the part you get punished for isn't the peeing, it's the leaving.

Amazon's defense against the FTC is that it spares no effort to keep its marketplace safe. As Amazon spokesperson James Drummond says, they use "industry-leading tools to prevent genuinely unsafe products being listed." But the only industry-leading tools in evidence are tools to bust unions and screw suppliers.

In her landmark Yale Law Review paper, "Amazon's Antitrust Paradox," FTC Chair Lina Khan makes a brilliant argument that Amazon's alleged benefits to "consumers" are temporary at best, illusory at worst:

https://www.yalelawjournal.org/note/amazons-antitrust-paradox

In Butler's documentary, Khan's hypothesis is thoroughly validated: here's a company extracting hundreds of billions from merchants who raise prices to compensate, and those monopoly rents are "invested" in union-busting and countermeasures against investigative journalists, while the tools to keep you from accidentally getting a bottle of piss in the mail are laughably primitive.

Truly, Amazon is the apex predator of the platform era:

https://pluralistic.net/ApexPredator

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/10/20/release-energy/#the-bitterest-lemon

My next novel is The Lost Cause, a hopeful novel of the climate emergency. Amazon won't sell the audiobook, so I made my own and I'm pre-selling it on Kickstarter!

[aerospace-and-defence]

The Defense Cybersecurity Market is estimated to be USD 36.9 billion in 2023 and is projected to reach USD 49.4 billion by 2028, at a CAGR of 6.0% from 2023 to 2028.

[mohitbisresearch]

The APAC aerospace and defense battery market is projected to reach $5,536.8 million by 2033 from $2,097.8 million in 2022, growing at a CAGR of 9.32% during the forecast period 2023-2033.

[aarunresearcher]

United States industrial PC market size reached USD 1.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.3 Billion by 2033, exhibiting a growth rate (CAGR) of 5.85% during ​2025-2033​. The increasing complexity of industrial processes, along with the growing need for real-time data processing and analysis, is driving the industrial PC market.

[mrudula01]

Military Optronics Surveillance and Sighting Systems Market: Growth Overview

Sub-national conflicts involving strong cross-border dynamics are commonly witnessed across the globe, making it critical for nations to ensure military strength and advance their defense systems. In view of this, several countries have increased their defense budgets, especially for border security. This has increased the deployment of integrated observation equipment, fire control systems, mobile vehicle surveillance systems, and other such equipment, which is expected to bolster the global military optronics surveillance and sighting systems market.

Triton Market Research’s report estimates that the market will display a CAGR of 5.70% in the forecast years from 2023 to 2030. Military optronics surveillance and sighting systems enable rapid & early detection of illegal border activities and offer strong situational awareness by tracking movement across rough terrains, thus preparing armies for combat. Also, along with traditional warfare equipment, many countries are focusing on the R&D of modern warfare equipped with AI and other technologies, thus advancing market prospects.

Beyond Borders – Evaluating Regional Markets’ Performance

North America and Europe occupy key positions in the global market, which can be accredited to the presence of large-scale arms manufacturers and other key market players in these regions. Whereas, the Asia-Pacific military optronics surveillance and sighting systems market is also expected to flourish due to an increased focus on domestic manufacturing and extensive investments in R&D.

Israel, an important market in the Middle East and Africa, is a major supplier of advanced military systems, such as missiles, drones, radar systems, and others, and exported weapons worth over $345 million to 16 countries in 2020. On the other hand, in most Latin American countries, specific drug control units have been highly militarized to tackle the growing threat from transnational crime & drug trafficking organizations. This has necessitated the demand for guns, armored vehicles, clothing, and tactile equipment, to facilitate logistical support.

Military Optronics Surveillance and Sighting Systems Market Segmentation

Military Laser Systems is expected to grow at a CAGR of 5.99% in the Machinery segment during 2023-2030

Fiber lasers, semiconductor diode lasers, solid-state lasers, and CO2 & other gas lasers are some of the laser systems used in the military. They are used for target designation & tracking, guidance, and range finding, and are also used in conjunction with squad weapons. Vectronix by Safran Group is a widely used military laser system; the high-performance handheld equipment is embedded with high resolution & superior quality optics.

Aerial is estimated to grow at a 6.03% CAGR in the Medium segment during the forecast period

Modernization of aerial warfare is being witnessed with the addition of combat aircraft and unmanned aerial vehicles (UAVs). They are generally used for surveillance, target acquisition, intelligence gathering, and also for transporting aircraft ammunition. Advanced technologies like multispectral imaging are being increasingly used in UAVs. Besides, the use of some emerging technologies, such as hyperspectral imaging and infrared thermography, will offer lucrative opportunities for the growth of this segment.

Seismic and Acoustic Sensors held a revenue share of $4217.22 million in the Product Type segment in 2022

Seismic and acoustic sensors are used in the military because of their ability of identifying & tracking targets in non-LoS conditions and carrying out missions in a docile manner. These sensors are used in numerous applications, such as defense security, monitoring, and surveillance. They are also being used in several modern surveillance sensor systems called unattended ground sensors (UGS). A UGS has inbuilt sensors with magnetic, acoustic, seismic, and infrared capabilities. The combination of features from various sensor technologies largely optimizes their target recognition ability.

What Our Experts Say

Stealth technology presents growth scope due to growing investments by countries to gain a tactical advantage over enemy forces. Also called low observable technology, it is a core element of modern military warfare to make one’s own forces discreet and ideally invisible to the enemy. Some well-known stealth aircraft include the F-22 Raptor by Lockheed Martin Corporation and Chengdu J-20 by Chengdu Aerospace Corporation.

Also, there is an enhanced focus on developing defense systems with hypersonic technology. There are two main types of hypersonic weapons, which include hypersonic glide vehicles and hypersonic cruise missiles. The latter travel 5 times faster than the speed of sound, and on a lower trajectory in the atmosphere, potentially reaching a target more quickly. Moreover, these missiles can tackle the opponents by further compressing their counter-responses. As a result, major world powers are in a race to develop hypersonic military warfare. Further advancement of such technologies presents growth opportunities for the military optronics surveillance and sighting systems market.

FAQs:

Q 1) Which are the leading and fastest-growing regions in the global market?

North America (leading) and the Asia-Pacific (fastest-growing).

Q 2) Which industry components are covered in the market report?

Raw Material Suppliers, Manufacturers, Defense OEM/Prime Contractors, and End-users.

[aviationdefence122]