Introduction to Military Embedded Systems
Military embedded systems are the embedded hardware and software for military applications within a larger mechanical system. These military embedded systems are task specific and perform specialized functions. The military systems contain embedded systems such as sensors and operating systems to perform basic utility function and support troops in the battlefield. These systems help military commanders to analyse massive volume of data in order to make best decisions. The military embedded systems are used to transmit mission critical data in order to protect from attack at any cost. An increase in the power of embedded systems will deploy more technology into the battlefield.
Market size and Forecast
The high level of integration provided by military embedded systems for sensors and control devices along with the enhancements in integrated circuits are some of the significant factors fostering the market growth. Additionally, decrease in the overall hardware cost is supported by the reduction in chip size, which in turn, offers high efficiency and optimal power. Further, the increase in the government spending in military sector is increasing the demand for mobile command systems. Driven by these prominent factors along with the rising awareness regarding military embedded systems, the military embedded systems market is anticipated to record a significant CAGR of around 8.5% during the forecast period, i.e., 2020-2028.
On the basis of component type, the market is segmented into hardware and software, out of which, hardware segment is estimated to dominate the market on the account of rising demand for electronic hardware connected to driver assistance systems for hybrid combat vehicles. In addition, surge in the use of multicore processors and portable wearables are fueling the growth of the market. Moreover, healthy designing of chips for high level processing is further accelerating the growth of the market.
The exposure of modern warfare systems along with the rising use of multicore technologies is driving the market growth of military embedded systems. The rising advancements in wireless technologies and cloud computing have led to the replacement of traditional computational systems. Further, increased usage of electronic warfare systems for network convergence and geospatial intelligence gathering is resulting into latest product development. In addition, procurement of advanced surveillance & monitoring systems is being made to cater the military needs. The development of mission critical embedded systems along with the rising requirement for onboard system applications is driving the market growth over the forecast period.CLICK TO DOWNLOAD SAMPLE REPORT
Awareness about Military Embedded Systems
The rising awareness regarding the benefits of military embedded systems in emerging countries is leading to increased government spending on these systems. Hence, with the increasing adoption of machine learning and artificial intelligence, the demand for rugged military embedded systems will generate healthy growth for the market over the forecast period.
High Cost of Product
The increased cost of military embedded systems owing to the requirement of technical expertise and advanced technologies is acting as a major restraint into the growth of the market. Moreover, insufficiency of skilled military personnel is further hampering the growth of the market.
Our in-depth analysis of military embedded systems includes the following segments:
By Product Type
By Component Type
By Platform Type
By Application Type
By End Users
Geographically, the military embedded systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific is anticipated to record highest market share on the back of presence of emerging economies such as India, China and Japan taking initiatives to overcome the issues regarding security, latency and network bandwidth. Further, rising advancements in microprocessors and microcontrollers is leading to the reduction in cost of electronic products. Moreover, increased adoption of modular electronics and advanced lightweight armored vehicles is strengthening the growth of the market. The North America region is estimated to witness major share in the market owing to the rising investments in warfare capabilities along with the growth in network centric infrastructure.
The military embedded systems market is further classified on the basis of region as follows:
Top Key Players Dominating the Market
Direct access to analyst to help you understand the market in a better way to handle your critical question
Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved
Get 10% free customization