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Military Sensor Market Share

  • Report ID: GMI7249
  • Published Date: Nov 2023
  • Report Format: PDF
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Military Sensor Market Share

Players operating in the industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative & technologically advanced solutions in the market. Some of the major players operating in the military sensor industry are:

  • BAE System Plc
  • Curtiss-Wright
  • Esterline Technologies
  • General Electric
  • Honeywell International
  • Lockheed Martin
  • Raytheon
Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for military sensor was valued at over USD 10 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032.

The command & control segment accounted for a share of over 25% in 2022 and will continue to grow through 2032. Command & control systems enable the processing, analyzing, and disseminating of humongous data, providing decision-makers with valuable insights and actionable information in real time.

North America market size for military sensor was over 30% in 2022 and is witnessing substantial growth, as the U.S. is a major military power, that continually invests in cutting-edge sensor technologies to maintain its military superiority. The funding for research & development, procurement, and modernization programs as well as innovation and technology the drive the industry growth.

BAE Systems, Curtiss-Wright, Esterline Technologies, General Electric, Honeywell International, Lockheed Martin, and Raytheon.

Military Sensor Market Scope

  • Military Sensor Market Size
  • Military Sensor Market Trends
  • Military Sensor Market Analysis
  • Military Sensor Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 15
    • Tables & Figures: 549
    • Countries covered: 18
    • Pages: 230
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