Ground Defense Systems Market Poised to Surge to $79.16 Billion by 2030: Allied Market Research Insights
OREGAON, PORTLAND, UNITED STATES , June 5, 2024 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global ground defense system market generated $48.56 billion in 2020, and is estimated to reach $79.16 billion in 2030, witnessing a CAGR of 5.2% from 2021 to 2030. The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/A13125
Rise in investments to develop autonomous weapons and surge in demand for multi-role armored vehicles drive the growth of the global ground defense system market. However, high costs of ground defense systems hinder the market growth. On the other hand, surge in investments for robotics technologies in unmanned ground vehicles and rise in defense spending across the world present new opportunities in the coming years.
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐠𝐫𝐨𝐮𝐧𝐝 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 𝐬𝐲𝐬𝐭𝐞𝐦 𝐦𝐚𝐫𝐤𝐞𝐭
BAE Systems plc,
Kongsberg Gruppen ASA,
Israel Aerospace Industries Ltd.,
MBDA,
Lockheed Martin Corporation,
Rafael Advanced Defense Systems Ltd.,
Northrop Grumman Corporation,
Rheinmetall AG,
Raytheon Technologies Corporation,
Thales Group.
𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐟𝐟𝐞𝐫𝐬 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐠𝐫𝐨𝐮𝐧𝐝 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 𝐬𝐲𝐬𝐭𝐞𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧, 𝐞𝐧𝐝 𝐮𝐬𝐞𝐫, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧.
Based on application, the combat segment accounted for the highest share in 2020, contributing to nearly one-third of the total share, and is estimated to continue its leadership position during the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 6.2% from 2021 to 2030. The research also analyzes the segments including logistics & transportation, surveillance and reconnaissance, intelligence & data warfare, training, and others.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/ground-defense-system-market/purchase-options
Based on end user, the military segment held the largest share in 2020, contributing to around two-fifths of the global ground defense system market, and is projected to maintain its dominance during the forecast period. Moreover, this segment is expected to witness the highest CAGR of 6.5% from 2021 to 2030. The research also analyzes the segments including defense intelligence and law enforcement.
Based on region, North America is estimated to portray the fastest CAGR of 6.0% during the forecast period. However, Asia-Pacific contributed to the largest share in 2020, holding more than one-third of the total share, and is expected to continue its lead position in terms of revenue by 2030.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
By application, the combat segment is expected to register a significant growth during the forecast period.
On the basis of operation, the unmanned segment is anticipated to exhibit significant growth in future.
Depending on end user, the military segment is projected to lead the global ground defense system market.
Region wise, North America is anticipated to register the highest CAGR during the forecast period.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/A13125
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 & 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
https://www.alliedmarketresearch.com/air-defense-systems-market-A07789 - Global Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/long-range-air-defense-systems-market-A09330 - Global Opportunity Analysis and Industry Forecast, 2020–2032.
https://www.alliedmarketresearch.com/anti-ship-missile-defense-system-market-A10514 - Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/anti-aircraft-defense-systems-market-A11279 - Global Opportunity Analysis and Industry Forecast, 2023-2032
David Correa
Allied Market Research
+ 18007925285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
