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Global Military Computers Market was Valued at US$ XX Bn in 2019 and it is Expected to Reach More than US$ 13.8 Bn by 2028, Likely to Grow with the CAGR of 6.3% During the Forecast Period.
Military computers are adapted and designed to perform a broad range of tasks. They play an important role in the military applications such as organizing prudent data for military leaders, analysing intelligence, geospatial analysis, controlling smart weapons, or communications. The ongoing dramatic political and economic changes throughout the world, coupled with rapid advances in technology, pose as important driving factors for the growth of the military computer market.
Implementation of Computer Technology Into Systems Used In Armed Forces Is Driving The Growth Of The Military Computers Market
Military computers are used in countless ways for countless tasks in the armed forces. Also, growing requirement for information and processing is fuelling the demand for enhanced computer systems and components that are able to withstand extreme environments in the field of military. As communication is paramount in the military, computers help to provide a direct network to allow multiple lanes of communication between various parties within the military. They are also essential for the development of guided weapons that offer accurate support for the military and reduce civilian casualties. Further, increasing usage of Global Positioning Systems, unmanned vehicles in the defences are further augmenting its demand. The role of military computers will continue to become more complex and critically important as developments in technology such as autonomous drones or smaller devices that the average battlefield soldiers rise significantly. Additionally, as numerous military & aerospace devices ranging from wearable sensor systems to avionics & ruggedized computing systems are considerably being used, the need for military computers will continue to increase.
Moreover, the advent of a network-centric battlefield on which all platforms are interconnected to deliver mission-critical information to authorized personnel is fuelling the need for innovative and rugged computers on the battlefield and are becoming integral to mission success and survival. The phenomenal growth in information warfare will further aid the expansion of military computers market over the forecast period.
Rugged Computers to Dominate Among the Military Computer’s Types
The military computers market is segmented on the basis of types and platform. The type segment is further segmented into rugged computers and embedded computers. Among them, rugged computers hold the largest share as they are used in all branches of the military. Rugged computers have the ability to withstand intense heat and sand of the desert and can endure the collisions and shocks of an armoured vehicle or naval vessel. Rugged military computers have daylight-viewable displays for in-field use that is crucial for military applications. Additionally, availability of rugged laptops, tablets, notebooks and handheld systems are also designed for ultra-portability to allow for fast deployment and mobility that contribute to high growth of the segment.
North America to Be the Leading Region In the Military Computers Market
North America is expected to hold the largest share in the global military computers market. The early adoption of computers and high implementation of computers-based systems in the United States military sector contributes heavily to the growth of the military computers market in North America. Additionally, high level of complexity and advancements in the US armed forces and high military budget of the US propel the adoption of military computers in the North America region. Europe is anticipated to hold the second largest share in the global military computers market due to the high defences operations and advanced technological weapons development in European countries such as Germany, Russia, France and the U.K. Asia-Pacific region is expected to grow with a sizeable CAGR over the forecast period. The mounting military investment and increasing territorial disputes in the Asia-Pacific region are fuelling the development of the military computers market in the Asia-Pacific region.
Organic Growth Strategies to Be the Fundamental Policy of the Key Players In the Military Computers Market
The military computers market is intensely competitive in nature. BAE Systems plc, Northrop Grumman Corporation, Teledyne Technologies, Inc., Thales Group, Saab AB, Rockwell Collins, Esterline Technologies Corporation, Curtiss-Wright Corporation, Cobham plc, and Safran S.A. are the major companies operating in the military computers market. The key players are continuously expanding their product offerings in the aircraft computers and other military computers. Major vendors are also spending heavily on research and development for bringing upgradation in existing products and development of new and improved capabilities such as software and processor. Curtis Wright, a major vendor in the military computers market has also entered into strategic partnerships with various companies such as Lynx Software, Intel, Green Hill Software, and Nvidia to increase their customer base. The acquisition of Teletronics Technology by the company in January 2017 has also strengthened their position in the military computers market.
Global Military Computers Market by Type
- Rugged Computer
- Embedded Computer
Global Military Computers Market by Platform
Global Military Computers Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America