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Unmanned

UAS for military use to reach market value of $65 billion by 2032, study finds - News

March 05, 2025

AMSTERDAM. The global market for uncrewed aerial systems (UASs) used for the military is predicted to grow at a combined annual growth rate (CAGR) of 11.2% between 2024 and 2032, reaching a cumulative value of more than $65 billion, according to a new stury by Market Forecast, "Military Unmanned Aerial Systems (UAS) -- Market and Technology Forecast to 2032."

Avionics

Military helicopter market to see growth from non-U.S. countries to 2027, study predicts - News

August 06, 2024

AMSTERDAM. The worldwide military helicopter market, valued at more than $23.3 billion in 2019, is projected to reach $28.8 billion by 2027, with more than 66% of business coming from non-U.S. countries -- including Asia, the Middle East, Central and Eastern Europe, and Africa -- according to a new report from Market Forecast, "Global Military Helicopter -- Market and Technology Forecast to 2027."

Unmanned

UAS for medium and high altitudes will continue growth path, study predicts - News

May 16, 2023

DUBLIN. Uncrewed aerial systems (UASs) classified as MALE [medium-altitude, long-endurance] and HALE [high-altitude long-endurance] will continue their growth path into 2031, according to a new study by Market Forecast, "MALE and HALE UAVs -- Market and Technology Forecast to 2031."

Avionics

Avionics market for military to grow by nearly 5% to 2030, analysis predicts - News

October 03, 2022

AMSTERDAM. The military avionics industry is projected to register a combined annual growth rate (CAGR) of 4.99% between 2022 and 2030, with mission systems anticipated to account for one of the largest shares of expenditure globally, according to a new market study from Market Forecast, "Military Avionics -- Market and Technology Forecast to 2030."

Radar/EW

Electronic warfare systems to be widespread by 2030, study says - News

September 06, 2022

AMSTERDAM. Procurement and upgrades of new electronic warfare (EW) systems of all types will drive the global EW market over the next several years, with the market reaching $27.86 billion through 2030, up from $18.99 billion in 2022, according to a new report from Market Forecast, "Electronic Warfare -- Market and Technology Forecast to 2030."

A.I.

AR/VR will drive growth in military simulation & training market, report finds - News

August 29, 2022

AMSTERDAM. The military's use of virtual training with simulators is increasing, driven by developments in augmented reality/virtual reality (AR/VR) in terms of features, user experience, 360-degree graphics, surrounding sounds, and haptics, according to a new study by Market Forecast, "Military Simulation and Virtual Training -- Market and Technology Forecast to 2030."

Radar/EW

Information and cyber realm will spur electronic warfare market, study finds - News

August 09, 2022

AMSTERDAM. Development of next-generation information warfare systems will continue to be a growth area for the electronic warfare (EW) market over the next eight years, according to a new market study from Market Forecast, "Electronic Warfare -- Market and Technology Forecast to 2030."