Military Embedded System Market 2021-2031 With Strategic Trends Growth, Revenue, Demand & Future Potential Of Industry


Posted June 12, 2023 by Rajeevthakur

The global military embedded system market was valued at $1.5 billion in 2021, and is projected to reach $3.3 billion by 2031, growing at a CAGR of 7.9% from 2022 to 2031

 
The global military embedded system market was valued at $1.5 billion in 2021, and is projected to reach $3.3 billion by 2031, growing at a CAGR of 7.9% from 2022 to 2031. Electronic items or equipment integrated with a computer are known as embedded system. In the majority of military applications, embedded system function as a subsystem within a larger embedded system to carry out a specific task such as electronic warfare, surveillance and many other. Hardware and software are frequently used in embedded system. A fixed system carrying out a specific duty or a programmable system are both examples of embedded system. Networking is a major component of modern military embedded system and their server architecture. Military embedded system' server topologies provide higher-end processing and more input/output choices.

The COVID-19 pandemic created multiple uncertainties, resulting in significant economic losses as various enterprises around the world came to a halt. The disruption of the supply chain, the closing of manufacturing units, and the slowing of economies in various nations have led in a decrease in demand for military embedded systems. Furthermore, due to the government's lock down policies and restrictions imposed on migrants and personnel working in manufacturing factories, they were unable to access their locations, affecting the production and supply of embedded systems. Despite the fact that their production for military purposes is critical, supply chain issues have temporarily halted production.

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There is no doubt that embedded technology is rapidly changing the capabilities and applications of equipment and electronic system. The modern military embedded system relies on the multicore technology, wireless technology, and cloud computing. The usage of multi-core processors in embedded military system is gaining traction as the technology matures and quad-, hexa-, and even octa cores become the norm for manufacturing military embedded system. Better performance and lower power consumption are offered by multi-core CPUs. Symmetric multiprocessing, a common application in military system, has been found to be quite compatible with multi-core CPUs. These factors are expected to boost the military embedded system market growth.

Embedded system often has to store sensitive data as they frequently need to retrieve or exchange sensitive data. Ensuring the adequate security and wining the customers trust is the major concern for the embedded system manufacturers and designers. These factors are anticipated to hinder the growth of the military embedded system industry share during the forecast period.

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Electronics used in military applications have evolved tremendously in the recent years. High dependability, efficiency, and compact size are some of the most critical requirements for electronic equipment and system used in military applications. Since most conventional radar system employs set waveforms, it is easy to recognize, understand, and create defenses against them. On the other hand, modern digitally programmable radars have the capacity to begin producing waveforms that had not yet been observed, making them harder to counter by military forces. system. Therefore, market participants have the chance to create electronic warfare system that react quickly and can detect and block sophisticated sensors.

The industry players are investing a lot of efforts on the military embedded system R&D of smart and unique strategies to sustain embedded system growth in the market. These strategies include mergers & acquisitions, product launches, collaborations, partnerships, and refurbishing of existing technology. On October 11, 2021, General Micro System introduced two 3U OpenVPX โ€˜single board systemโ€™ inspired by MOSA that offer more processing, storage, and input-output than 6U-sized boards twice as big. The X9 SPIDER VPX boards come in conduction- and air-cooled variations and are based on an Intel 11th generation Lake-H 8 core i7 CPU with 64GB of RAM. Both devices were created in accordance with The Open Group Sensor Open System Architecture (SOSATM) technical standard and are intended for deployed military, aerospace.

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Issued By Rajeev Thakur
Country United States
Categories Aerospace , Defense
Tags military embedded system market demand , military embedded system market share , military embedded system market size
Last Updated June 12, 2023