According to the recent research report titled ‘Global Defense Electronics Market: Analysis By Domain, Application, By Region, By Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)’, available with Market Study Report, global defense electronics market was appraised at USD 111.18 billion in 2019 and is expected to record a considerable growth over 2020-2025.
 

The report states that global defense electronics market growth is primarily driven by increasing government expenditure on research & development activities and supportive policies for nation’s security, along with strict regulatory standards.
 

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Moreover, rising military spending, and escalating geopolitical tensions among countries are two major market trends that are driving demand for defense systems. Most economies are now making efforts for acquiring anti-aircraft and missile defense systems in order to strengthen their border defenses and prepare for the growing threat of nuclear weapons, further stimulating worldwide defense electronics industry share.
 

With respect to domain, global defense electronics market is classified into services, space, land, maritime, and air, wherein the land segment is slated to gain substantial traction over the coming years. The land communications electronic warfare systems will develop to tackle all modern signals to intercept, monitor, and locate enemy emitters. It is beneficial in Electronic Attack solutions that use communication jammers to degrade, confuse, and neutralize the enemy's fighting capacity, as well as in Communication ESM solutions for interception and location.
 

Elaborating on application spectrum, the market is segmented into EW, radar, optronics, communication, C2/BM, avionics, and acoustic. The industry is turning towards modern active electronically scanned array radars, which is driving the overall business expansion. The market for next-generation radar is growing as electronic and cyber battlefields evolve.
 

Coming to geographical ambit, Asia Pacific defense electronics industry is highly fragmented, with various vendors who offer an array of equipment, such as training systems, C4ISR systems, smart arms, unmanned systems, and missile defense systems. Arms and ammunition are mostly supplied from the United States and Russia, with some smaller countries importing from China.
 

Leading organizations impacting global defense electronics market trends are Kawasaki Heavy Industries Ltd., Saab AB, Rheinmetall AG, Leonardo S.p.A., Northrop Grumman Corporation, Raytheon Technologies, Lockheed Martin Corporation, Boeing Company, General Dynamics, and Hensoldt AG.