May 20, 2019 (AB Digital via COMTEX) — Growing incidences of terrorism have led militaries across the world to adopt military computers to monitor online communication that may be a potential threat to the country. The demand for wearable computers in war zones is further expected to drive market growth. The global military computer market is estimated to register a CAGR of over 5.65% during the forecast period of 2019 to 2023.
Military computers are expected to witness widespread adoption due to increasing defense budgets by governments in various countries. Moreover, the need for defense modernization due to the rising number of territorial disputes is expected to propel the growth of the global military computer market. Militaries across the world are actively investing in and seeking new avenues to implement digital infrastructure to gain a competitive edge in terms of defense prowess.
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The global market for military computers is expected to witness significant growth during the forecast period owing to various factors such as the growing demand for modern warfare technologies. Moreover, rising defense budgets across the globe are expected to stimulate market growth during the review period. Advancements in the fields of avionics and electronic components such as microprocessors and sensors are driving the need for sophisticated operating systems and computers, which is further expected to fuel market growth.
On the basis of platform, the market has been segmented into aircraft, naval, and ground. The large number of military aircraft purchases across the world has made the aircraft segment the fastest-growing military computer platform market.
Based on type, the market has been segmented into rugged computers and wearable computers. Wearable computers enable soldiers to procure accurate and real-time information on the battlefield.
By region, the North American market is expected to register the highest CAGR owing to large-scale investments in aircraft, naval, and ground platforms. Moreover, investments in advanced and sophisticated military equipment are projected to drive the growth of the military computers market in North America.
The key players in the global military computer market are Curtiss-Wright Corporation (US), Panasonic Corporation (Japan), Zebra Technologies Corp. (US), L3 Technologies (US), Cobham PLC (UK), Elbit Systems (Israel), Saab (Sweden), Raytheon Company (US), Rockwell Collins, Inc. (US), Esterline Technologies (US), Thales Group (France), BAE Systems (US), Northrop Grumman Corporation (US), and Getac Technology Corporation (Taiwan).
The market values and forecast are derived using the MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
Table of Contents:
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Military Computer Market, By Platform
1.1.2. Global Military Computer Market, By Type
1.1.3. Global Military Computer Market, By Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions. . .etc.
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