WILMINGTON, Del. The global market for semiconductors used in space missions and exploration, valued at $2.1 billion in 2022, is estimated to reach $4.8 billion by 2032, growing at a CAGR [combined annual growth rate] of 8.8% from 2023 to 2032, according to a new report from Allied Market Research, “Space Semiconductor Market." 

PORTLAND, Ore. The global market for directed-energy weapons, which stood at $4.9 billion in 2022, is anticipated to generate $22.2 billion by 2032, for a combined annual growth rate (CAGR) of 16.4%, according to a new study from Allied Market Research, "Directed Energy Weapons Market by Technology (High Energy Laser, High Powered Microwave, Others), by Platform (Land, Airborne, Naval), by Product (Lethal, Non-lethal): Global Opportunity Analysis and Industry Forecast, 2023-2032."  

PORTLAND, Ore.  The global market for unmanned aerial systems (UASs) used for military purposes, which generated $11.60 billion in 2021, is expected to total $34.34 billion by 2031, experiencing a combined annual growth rate (CAGR) of 11.7% during that period, according to a new market study from Allied Market Research. 

PORTLAND, Ore. Increased investments in autonomous weapons and a boost in demand for multirole armored vehicles will drive the growth of the global ground defense system market over the next decade, according to a new study by Allied Market Research, "Ground Defense System Market Report."  

PORTLAND, Ore.  The global market for defense IT spending, which saw $79.68 billion in 2020, is estimated to generate $137.65 billion by 2030, with a combined annual growth rate (CAGR) of 6.1% during the covered period, according to a study from Allied Market Research, "Defense IT Spending Market."

PORTLAND, Ore. The global electronic warfare (EW) market, which totaled $15.81 billion in 2020, is estimated to reach $23.56 billion by 2028 -- growing at a combined annual growth rate (CAGR) of 5.6% between 2021 and 2028 -- according to a new report published by Allied Market Research, "Electronic Warfare Market by Capability (Electronic Protection, Electronic Support and Electronic Attack), Equipment (Jammer, Countermeasure System, Decoy, Directed Energy Weapon, and Others), Product (EW Equipment, and EW Operational Support), and Platform (Land, Naval, Airborne, and Space): Global Opportunity Analysis and Industry Forecast, 2021–2028."