Press release
Global Defense Electronics Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Electronic systems and parts designed for technological advancement in national defense are referred to as defense electronics. Armed forces frequently employ it to recognize, decline, defend against, and/or take advantage of an adversary's deployment of radar equipment. Due to the potential to use such radar systems to outperform the enemy in terms of information, there have been substantial advances in recent decades.
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Due to its investments in the creation of innovative technologies and the acquisition of new platforms, the Asia-Pacific region has substantial prospects for manufacturers of defense electronics; therefore, Asia-Pacific region is expected to have profitable growth over the projection period. However, the development of this region is being fueled by the rising need for contemporary technology and electronic warfare in nations like China, Japan, and India.
Some of the key players in Defense Electronics market include Bharat Electronics Limited, BAE Systems plc, Elbit Systems Ltd., Airbus Defence and Space, General Dynamics Corporation, Boeing Defense, Space & Security, Honeywell International Inc., Indra Sistemas , L3Harris Technologies, Inc., Northrop Grumman Corporation, Saab AB, Lockheed Martin Corporation, Leonardo S.p.A., Raytheon Technologies Corporation, Thales Group and Ultra Electronics Holdings plc.
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