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Ground Defense System Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Ground Defense System Market
Ground Defense System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the ground defense system market has experienced significant expansion. Its size is projected to increase from $56.33 billion in 2024 to $60.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. This growth during the historic period is due to factors such as military modernization initiatives, an evolving threat landscape, geopolitical conflicts, attention towards urban warfare, and budgetary provisions.
Ground Defense System Market Size Forecast: What's the Projected Valuation by 2029?
The market for ground defense systems is projected to experience significant expansion in the coming years. The market is predicted to reach $78.88 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. The estimated growth during this period can be attributed to the integration of directed energy weapons, emergence of non-traditional threats, the incorporation of modular and scalable systems, the advancement of cybersecurity, and the implementation of integrated command and control systems. Noteworthy trends projected during this period include the transition towards network-centric warfare, increased focus on mobility and maneuverability, integration of artificial intelligence, dominance in the electromagnetic spectrum, and execution of multi-domain operations.
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What Are the Drivers Transforming the Ground Defense System Market?
The growing need for cybersecurity is forecasted to spur the expansion of the ground defense system market. Cybersecurity, which involves the protection of computers, servers, mobile devices, electronic systems, networks, and data from harmful attacks, is crucial to ground defense systems for both combat support and safeguarding networks from adversaries during non-combat periods. This leads to the increasing need for cybersecurity in the ground defense system market. For instance, Seeking Alpha, a US-based crowd-sourced content service for financial markets, predicts that spending on cybersecurity will surpass $188 billion in 2023. Additionally, Cybercrime Ventures, a US-based cybercrime research organization, indicates that cybercrime expenses will escalate by 15% each year, amounting to $10.5 trillion USD annually by 2025. They also forecast 3.5 million unfilled cybersecurity jobs worldwide by 2023. Consequently, the burgeoning demand for cybersecurity is fueling the growth of the ground defense system market.
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What Long-Term Trends Will Define the Future of the Ground Defense System Market?
Ground defense system industry's key players have been focusing on creating innovative solutions such as ground-launched cruise missiles to improve range, precision, and operational abilities in contemporary warfare. For example, in June 2022, MBDA, a France-based missile developer and manufacturer, unveiled the Land Cruise Missile (LCM) system. This new ground-launched cruise missile is designed for long-range precision strikes. It's based on the existing Naval Cruise Missile (NCM) and can strike targets up to 1,400 kilometers away. It boasts advanced capabilities like high precision, air defense survivability and synchronized time-on-target (STOT) for coordinated multi-target attacks. By providing a sovereign solution for deep strike operations, this missile bolsters European defense abilities, meeting modern military requirements in a changing geopolitical context.
Which Segments in the Ground Defense System Market Offer the Most Profit Potential?
The ground defense system market covered in this report is segmented -
1) By Component: Products, Services
2) By Technology: Artificial Intelligence, 3D Printing, Internet Of Things, Wearable Devices, Other Technologies
3) By Operation: Manned, Unmanned
4) By Application: Logistics And Transportation, Surveillance And Reconnaissance, Cyber Security, Explosive Ordinance Disposal (EOD), Intelligence And Data Warfare, Combat Simulation, Training And Health Monitoring, Other Applications
5) By End-User: Defense Intelligence, Military, Law Enforcement
Subsegments:
1) By Products: Weapon Systems, Surveillance Systems, Communication Equipment, Command And Control Systems, Ground Vehicles, Sensors And Detectors, Missiles And Munitions
2) By Services: Maintenance And Support, Training And Simulation, Integration Services, Consulting Services, Logistics And Supply Chain Management
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Which Firms Dominate the Ground Defense System Market by Market Share and Revenue in 2025?
Major companies operating in the ground defense system market include BAE Systems PLC, Lockhead Martin Corporation, Northrop Grumman Corporation, Thales Group, Israel Aerospace Industries Ltd., Kongsberg Gruppen, MBDA Missile Systems Inc., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Boeing Company, Elbit Systems Ltd., Leonardo S.p.A., General Dynamics Corporation, Curtiss-Wright Corporation, Mercury Systems, Saab AB, AIRBUS, Aselsan A.S., Teledyne FLIR LLC, Chemring Group plc, ST Engineering Ltd., FNSS Defense Systems Inc., NORINCO Group, Rostec State Corporation
Which Regions Offer the Highest Growth Potential in the Ground Defense System Market?
North America was the largest region in the ground defense system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the ground defense system market report during the forecast period. The regions covered in the ground defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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