DUBLIN--(BUSINESS WIRE)--The "Defense Support and Auxiliary Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
The global defense support and auxiliary equipment market is expected to grow from $120.46 billion in 2020 to $122.62 billion in 2021 at a compound annual growth rate (CAGR) of 1.8%. The market is expected to reach $143.42 billion in 2025 at a CAGR of 4%.
The defense support and auxiliary equipment market consists of sales of support and auxiliary equipment for defense by entities (organizations, sole traders and partnerships) that manufacture support and auxiliary equipment for defense including equipment such as radar, satellites, sonars and other equipment. The defense support and auxiliary equipment market is segmented into military radars; military satellites and other defense support and auxiliary equipment.
North America was the largest region in the global defense support and auxiliary equipment market, accounting for 36% of the market in 2020. Asia Pacific was the second largest region accounting for 29% of the global defense support and auxiliary equipment market. Africa was the smallest region in the global defense support and auxiliary equipment market.
Use of passive radars are gaining traction in the market due to its advantages across wide range of defense and civil applications and cost effectiveness. Passive radars use the existing electromagnetic signals from the atmosphere to support imaging and tracking capabilities, whereas the regular/active radar sends out electromagnetic signals to the target and receives reflected signals from the target.
Passive radars use ambient radio signals for tracking and surveillance and are less expensive to operate. Some of the examples of passive radar systems are Silent Sentry by Lockheed Martin, Celldar by Roke Manor Research Limited, and Homeland Alerter 100 by Thales Group.
Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) is expected to drive innovation in defense market, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence and big data analytics are being used during the manufacturing process, resulting in higher productivity, lower operating costs and higher margins. Lower operating costs lead to higher margins, this allows companies to expand production and increase product portfolio, thus driving the growth of the defense support and auxiliary equipment market.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Defense Support and Auxiliary Equipment Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Defense Support and Auxiliary Equipment Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Defense Support and Auxiliary Equipment Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Defense Support and Auxiliary Equipment Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Defense Support and Auxiliary Equipment Market Trends and Strategies
8. Impact of COVID-19 on Defense Support and Auxiliary Equipment
9. Defense Support and Auxiliary Equipment Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market
10. Defense Support and Auxiliary Equipment Market Regional Analysis
10.1. Global Defense Support and Auxiliary Equipment Market, 2020, by Region, Value ($ Billion)
10.2. Global Defense Support and Auxiliary Equipment Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Defense Support and Auxiliary Equipment Market, Growth and Market Share Comparison, by Region
11. Defense Support and Auxiliary Equipment Market Segmentation
11.1. Global Defense Support and Auxiliary Equipment Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Military Radars
- Military Satellites
- Other Defense Support and Auxiliary Equipment
12. Defense Support and Auxiliary Equipment Market Segments
12.1. Global Military Radars Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Continuous Waveform; Pulse Waveform
12.2. Global Military Satellites Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Large Satellite; Mini Satellite; Micro Satellite; Nano Satellite
12.3. Global Other Defense Support and Auxiliary Equipment Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13. Defense Support and Auxiliary Equipment Market Metrics
13.1. Defense Support and Auxiliary Equipment Market Size, Percentage of GDP, 2015-2025, Global
13.2. Per Capita Average Defense Support and Auxiliary Equipment Market Expenditure, 2015-2025, Global
Companies Mentioned
- The Boeing Company
- United Technologies Corporation
- General Dynamics Corp
- GE Aviation
- Northrop Grumman Corp
For more information about this report visit https://www.researchandmarkets.com/r/xvxy5u
