The major companies operating in the defense electronics market are :
Airbus Defence and Space
BAE Systems plc
Bharat Electronics Limited
Boeing Defense
Space & Security
Elbit Systems Ltd.
General Dynamics Corporation
Harris Corporation
Honeywell International Inc
Indra Sistemas
L3Harris Technologies, Inc
Leonardo S.p.A
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Saab AB
Thales Group
Ultra Electronics Holdings plc
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market size of defense electronics was worth over USD 230 billion in 2022 and will showcase more than 5% CAGR from 2023 to 2032 due to the increasing reliance on the protection of information & communication technologies.
The hardware component segment will record over 5.5% CAGR from 2023 to 2032 owing to the rising development and operation of electrical defense.
North America defense electronics market size surpassed USD 95 billion in 2022 and will expand significantly through 2032 owing to the growing military spending in the region.
Airbus Defence and Space, BAE Systems plc, Bharat Electronics Limited, Boeing Defense, Space & Security, Elbit Systems Ltd., General Dynamics Corporation, and Harris Corporation are some of the major defense electronic firms.