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Stealth Warfare Market Research Report 2023-2032: Size, Industry Trends, Share, Demand And Overview | Lockheed Martin Corporation, BAE Systems, Northrop Grumman Corporation, Saab AB, Boeing
Stealth Warfare Market
The Business Research Company's Stealth Warfare Global Market Report 2023 identifies increasing year-on-year military expenditure as the major driver for the Stealth Warfare market's growth in the forecast period. Military expenditure refers to the total expenditure spent by the central government of a country on the armed forces, which includes the army, navy, and air force for peacekeeping.
The global stealth warfare market size grew from $9.88 billion in 2022 to $10.86 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global stealth warfare market is expected to grow to $15.37 billion in 2027 at a CAGR of 9.1%.
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Major competitors in the Stealth Warfare market are Lockheed Martin Corporation, BAE Systems, Northrop Grumman Corporation, Saab AB, Boeing.
A key trend in the Stealth Warfare market includes Technological advancement. Major companies operating in the stealth warfare market are using new technologies such as long-range infrared sensing and stealth glass technology for the best results during stealth warfare. For instance, in March 2022, Rostec, a Russian-based state-owned defense conglomerate operating in the stealth warfare market, launched stealth glass technology that improves aircraft cockpit glazing by 20% and also reduces the radar visibility of military aircraft. This stealth glass has special properties due to thin films of metal and metal oxides, and the engineering and design solutions improve the coating applied to the aircraft.
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The Stealth Warfare market is segmented -
1. By Equipment: Radar, Infrared Search And Track (IRST) System, Acoustic Signature
2. By Material: Non-Metallic Airframe, Radar Absorbing Material
3. By Application: Air Force, Navy, Army
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Stealth Warfare market.
The Business Research Company's "Global Stealth Warfare Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Stealth Warfare Market Include:
1. Executive Summary
2. Stealth Warfare Market Characteristics
3. Stealth Warfare Market Trends And Strategies
4. Stealth Warfare Forwarding Market - Macro Economic Scenario
5. Stealth Warfare Market Size And Growth
……
26. Africa Stealth Warfare Market
27. Stealth Warfare Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Stealth Warfare Market
29. Stealth Warfare Market Future Outlook and Potential Analysis
30. Appendix
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