Last Updated: 31-07-2025 | Format: PDF | Report ID:20621 | Author: Alice
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $92,400 Million |
| What is the projected market size by 2035? | $145,800 Million |
| What is the market CAGR from 2025 to 2035? | 4.7% |
| Which region dominates the market? | Continental US (87%) |
| Which product/service type dominates the market? | Radar Systems (27%) |
| Which application leads the market? | Land (33%) |
| Who are the major buyers? | Department of Defense (39%), US Army (21%) |
| What are the key market growth drivers? | Increased government spending on defense modernization; Rising threats of cyberattacks and the imperative for resilient network security have pushed defense agencies to invest in state-of-the-art cybersecurity and AI-based system integration—seen in Raytheon Technologies' rollout of new AI-driven cyber defense platforms for the US Air Force in March 2025 |
| What are the major market challenges? | Rising complexity in system integration across legacy and next-gen platforms; Global supply chain disruptions for rare electronic components |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, BAE Systems Inc., General Dynamics Corporation, L3Harris Technologies Inc., Boeing Defense Space & Security, Thales Group, Elbit Systems Ltd., Honeywell International Inc., Leonardo DRS, Saab AB, CACI International Inc, Mercury Systems Inc., Curtiss-Wright Corporation |
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