IMARC Group, a leading market research company, has recently releases report titled “Ground Defense System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global ground defense system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the ground defense system market?
The global ground defense system market size reached US$ 50.60 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 68.32 Billion by 2028, exhibiting a growth rate (CAGR) of 5.00% during 2023-2028.
What are ground defense system?
A ground defense system constitutes a harmonized array of technologies and tactics meticulously fashioned to safeguard terrestrial domains and valuables. This encompasses tangible barricades, monitoring apparatus, armament installations, interconnected communication grids, and proficient personnel. The enrichment of its capabilities is significantly influenced by technological progressions, encompassing safeguards against cyber jeopardies. These systems might also harmonize with aerial and maritime defenses to establish an all-encompassing security methodology.
Request for a sample report or buy full report: https://www.imarcgroup.com/ground-defense-system-market/requestsample
What are the growth prospects and trends in the ground defense system industry?
Elevated geopolitical strains, border contentions, and the looming specter of terrorism are amplifying the need for sophisticated ground defense systems. This factor stands as a pivotal impetus propelling the global market's expansion. The ongoing evolution of innovative technologies, including artificial intelligence (AI), robotics, and cutting-edge surveillance instruments, elevates the proficiencies of ground defense systems, thereby engendering heightened enthusiasm and increased investment. An increase in defense spending by governments around the world contributes to the growth of the ground defense system market. As urban areas expand, the need to protect critical infrastructure like airports, power plants, and transportation hubs becomes paramount, which is fueling demand for advanced ground defense systems. National and international regulations related to defense and security may compel countries to invest in modernizing their ground defense systems.
The growing sophistication of cyber warfare and electronic threats is driving the need for integrated ground defense systems that are counteracting these challenges. Apart from this, the rising need for systems that work seamlessly with various branches of the military and allied forces is encouraging further development and standardization within the market which is creating a positive outlook for the market across the globe.
Who are the key players operating in the industry?
The report covers the major market players including:
- BAE Systems plc
- Denel Land Systems (Denel SOC Ltd.)
- Elbit Systems Ltd.
- General Dynamics Corporation
- Israel Aerospace Industries
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Oshkosh Defense LLC (Oshkosh Corporation)
- QinetiQ
- Rheinmetall AG
- Thales Group
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Operation:
- Manned
- Unmanned
Breakup by Vehicle Type:
- Combat VehicleMain Battle Tank
Infantry Fighting Vehicle
Self-Propelled Artillery
Multiple Launch Rocket System
- Support VehicleArmored Personnel Carrier
Mine Resistant Ambush Protected Vehicle
Tactical Armored Vehicles/Multi-Purpose Vehicles
Light Utility Vehicle
Truck
Military Engineering Vehicle
Mine Clearing Tank
Amphibious Vehicle
Unmanned Ground Vehicle
Others
Breakup by System:
- EngineDiesel Engine
Hybrid Engine
Electric Engine
- Drive SystemPower Transmission Drive
Suspension and Braking
- Navigation and Communication System
- Ammunition Handling and Fire Control System
- Observation and Display System
- Command and Control System
- Others
Breakup by End User:
- Defense Intelligence
- Military
- Law Enforcement
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7516&flag=C
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: https://twitter.com/ImarcServices
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/