Defense Electronics Obsolescence Market is Expected to Reach USD 4.15 Billion by 2032, to grow at a CAGR of 7.7% | PMR

According to recent market analysis, the "Defense Electronics Obsolescence Market Share, Size, Trends, Industry Analysis Report, By Platform (Airborne, Naval, and Land); Systems (Sensors, Electronic warfare systems, Targeting Systems); Type; Region - Global Forecast to 2032" by Polaris Market Research, the market size for defense electronics obsolescence was valued at USD 2.17 Billion in 2023 and is projected to reach USD 4.15 Billion by 2032, exhibiting the CAGR of 7.7% during the forecast period from 2024 to 2032.

Obsolescence in defense electronics refers to the state where electronic systems, parts, and technologies are no longer supported, available, or sustainable. The major reasons for defense obsolescence may be advances in technology, discontinuations by manufacturers, or the unavailability of replacement components. The defense electronics obsolescence sector encompasses several activities, including reverse engineering and retrofitting existing parts with modern components. Also, it encompasses collaboration and partnerships between electronic manufacturers, defense contractors, and research institutes to address the unique challenges experienced by the defense sector.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/defense-electronics-obsolescence-market/request-for-sample

Defense electronics obsolescence includes a wide range of systems such as sensors, electronic warfare systems, targeting systems, communication systems, navigation systems, and human-machine interfaces.

𝐒𝐨𝐦𝐞 𝐎𝐟 𝐓𝐡𝐞 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐈𝐧 𝐓𝐡𝐞 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐎𝐛𝐬𝐨𝐥𝐞𝐬𝐜𝐞𝐧𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐫𝐞:

• Actia Group
• Altium
• Assel Poland
• BAE Systems
• Elbit Systems Ltd.
• L3Harris Technologies, Inc.
• Like Technologies
• Raytheon Technologies Corporation
• Thales
• Whistler Technology

𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

• The growing spending on the defense sector by several regions worldwide and the implementation of strict regulatory requirements and standards are the primary factors driving the defense electronics obsolescence market growth.

• The market segmentation for defense electronics obsolescence is primarily based on platform, systems, type, and region.

• The North America region dominated the market with the largest share owing to the presence of a robust industrial base and substantial defense expenditures.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3790/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

𝐁𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦

• 𝐀𝐢𝐫𝐛𝐨𝐫𝐧𝐞

Combat Aircraft
Transport Aircraft
Special Mission Aircraft
Combat Helicopters

• 𝐍𝐚𝐯𝐚𝐥

Submarines
Patrol Vessels
Mine Countermeasures Ship
Amphibious Ships

𝐁𝐲 𝐒𝐲𝐬𝐭𝐞𝐦𝐬

• 𝐒𝐞𝐧𝐬𝐨𝐫𝐬

Magnetic Sensors
Biometric Sensors
Humidity/Temperature Sensors

• 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐰𝐚𝐫𝐟𝐚𝐫𝐞 𝐒𝐲𝐬𝐭𝐞𝐦𝐬

Jammers

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/defense-electronics-obsolescence-market

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• North America (U.S., Canada)

• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

• Latin America (Brazil, Mexico, Argentina)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐇𝐨𝐬𝐩𝐢𝐭𝐚𝐥 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐑𝐨𝐛𝐨𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3437524/market-value-5-921-09-million-usd-hospital-logistics-robots

𝐄𝐦𝐛𝐞𝐝𝐝𝐞𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3437549/32-4-cagr-embedded-finance-market-to-reach-usd-1-029-02

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3437383/industrial-metaverse-market-revenue-to-cross-usd-315-53-billion

𝐔𝐬𝐡𝐞𝐫 𝐒𝐲𝐧𝐝𝐫𝐨𝐦𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3437960/usher-syndrome-market-size-revenue-forecasted-to-hit-usd-3-08

𝐇𝐲𝐩𝐞𝐫𝐜𝐡𝐚𝐫𝐠𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3437991/hypercharger-market-share-to-rise-at-13-3-cagr-to-reach-usd-9-92

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.