Lucintel's latest market report analyzed that military provides attractive opportunities in the air force, army, and navy applications. The military market is expected to reach $8.8 billion by 2028 with a CAGR of 4.7%. In this market, manned and unmanned vehicle is the largest segment by product type, whereas army is largest by application.
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Based on product type,
the military market is segmented into communication systems, weapons and
ammunition, manned and unmanned aerial vehicles, manned and unmanned vehicles.
The manned and unmanned vehicles segment accounted for the largest share of the
market in 2023 and is expected to register the highest CAGR during the forecast
period, due to due to as these are faster, safer, and are equipped with
high-tech propulsion systems, modern sensors, and payloads.
Browse in-depth TOC on
“Military Market”
100 – Figures/Tables
150 – Pages
The Military Market is
marked by the presence of several big and small players. Some of the prominent
players offering military include General Dynamics, BAE Systems, Northrop
Grumman, CACI International, Collins Aerospace, Boeing, Textron Inc., Navistar
Defense, and Raytheon.
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https://www.lucintel.com/military-market.aspx
This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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