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Ground Defense System Market Size – USD 46.57 billion in 2019, Market Growth - CAGR of 4.8%,

VANCOUVER, BC, CANADA, May 4, 2022 /EINPresswire.com/ -- The Global Ground Defense System Market is forecasted to be worth USD 68.28 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of battlefield intelligence, rising demand for cyber security in military & defense intelligence involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric warfare, and growing investment in the defense bodies & foreign intelligence platforms, among others.

The Global Ground Defense System Market Report offers extensive knowledge and information about the Ground Defense System market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends.

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The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Ground Defense System market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Ground Defense System market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

Further key findings from the report suggest

In May 2020, BAE Systems announced the completion of the accusation of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.

The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.

The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric welfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the ground defense market enforcement.

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

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Key Players Profiled in the Report are: The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

Furthermore, the report provides a comprehensive overview of the Ground Defense System market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Ground Defense System market expected to boost the growth of the industry in the coming years.

For the purpose of this report, Emergen Research has segmented into the global Ground Defense System Market on the basis of Application, End-User, Component, Technology, and Region:

Application Outlook (Revenue: USD Billion; 2017-2027)

Logistics & Transportation

Surveillance & Reconnaissance

Cyber Security

Explosive Ordinance Disposal (EOD)

Intelligence & Data Warfare

Combat Simulation, Training & Health Monitoring

Others

End-User Outlook (Revenue: USD Billion; 2017-2027)

Military

Defense Intelligence

Law Enforcement

Component Outlook (Revenue: USD Billion; 2017-2027)

Products

Modern Weapons

Armored Fighting Vehicle

Command and Control System

Military Unmanned Ground Vehicle

Satellite

Armored and Unmanned Ground Vehicle

Soldier Equipment

Unmanned Aerial Vehicle (UAV)

Smart Clothing

Vision and Surveillance

RFID

Communication Devices

Others

Services

Artificial Intelligence

Cyber Security

Data Transfer Protocol

Others

Technology Outlook (Revenue: USD Billion; 2017-2027)

Artificial Intelligence

3D Printing

Internet of Things

Wearable Devices

Others

Key Questions Answered in the Report:

What is the growth rate of the Ground Defense System market? What is the anticipated market valuation of Ground Defense System industry by 2028?

What are the key growth driving and restraining factors of the Ground Defense System market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Ground Defense System industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Thank you for reading our report. Please connect with us to know more about the report or for requesting the customization of the report. Our team will ensure the report is best suited to your requirements.

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