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Military Sensors Cybersecurity Solutions Market to Witness Rising Demand by 2020-2027 | Thales Group, BAE Systems plc, Raytheon Company

06-03-2021 12:49 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Military Sensors Cybersecurity Solutions Market

Military Sensors Cybersecurity Solutions Market

Military Sensors Cybersecurity Solutions Market Outlook – 2027

The global military sensors cybersecurity solutions market is experiencing a significant growth due to increased procurement of defense systems by military agencies globally. Military sensors are subsystem of a weapon, aircraft, or an electronic device that detects change in its surrounding or scans its environment to gather information. Military sensors cybersecurity solutions constantly monitor data traffic, identifies and detects threats, analyses stealthy characteristic signs of a malware and instantly raises an alarm if an attack is suspected. Further, military sensor cybersecurity solutions are generally used in a critical national infrastructure and governmental & defense organizations with dependable & ultra-high-performance systems to detect, analyze, and respond to modern sophisticated cyber-attacks.

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https://www.alliedmarketresearch.com/military-sensors-cybersecurity-solutions-market-A10355

COVID-19 scenario analysis:

Government initiative of lockdown to slow the spread if COVID-19 has impacted the military sensor cybersecurity solution developers due to workforce shortage.

Sensor manufacturers are witnessing lack of components supply, necessary for development & manufacturing of military sensors, due to supply chain disruption caused by COVID-19.

Defense contractors relying on international workforce are facing short term operational issues, due to government-imposed restrictions on travel to control the COVID-19 outbreak.

Defense agencies are forced to delay on-going projects as well as research & development in order to comply with the lockdown imposed by authorities.

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Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Surge in military modernization programs, increase in demand for armored vehicles, and rise in adoption of unmanned vehicles such as UAVs are the factors that drive the global military sensors cybersecurity solutions market. However, policies on development & transfer of weapon system or related technology may hinder the market growth. On the contrary, development of Internet of Things (IoT), micro-electro chemical system (miniature mechanical & electronics integrated device), and AI present new pathways in the industry.

The global military sensors cybersecurity solutions market trends are as follows:

Surge in military modernization programs

Militaries are investing in next-generation sensors to upgrade existing weapon systems and aircrafts. For instance, in December 2019, Pentagon (US Department of Defense headquarters) & Lockheed Martin signed a contract of 99,000,000 USD with Raytheon to integrate Raytheon’s next generation electro-optical distributed aperture system (DAS) into all variants of F-35 (an American stealth multirole combat aircraft) over the next two years. DAS is an awareness system providing 360-degree coverage for missile detection, aircraft tracking, fire control capability, and night vision among many other features. Such substantial investments in sensor upgrades to modernize military is expected to boost the global military sensors market.

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Rise in adoption of unmanned vehicles such as UAVs

Defense agencies are focusing on unmanned vehicles to reduce operation cost and increase operability is harsh terrains. Recently, in 2019, US Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin a 12,300,000 USD contract to develop a long range, long duration, and payload capable unmanned underwater vehicle (UUV). Moreover, unmanned vehicles (UVs) or drones utilize state-of-art sensors such as ultrasonic fuel flow sensor, capacitive fuel level sensor, and light detection and ranging (LiDAR) sensors. Hence, the development of state-of-art sensors for unmanned vehicles and increased demand for drones will be driving the global military sensors market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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