Aerospace & Defense

The surge in digital and cybersecurity threats and modernization of electronic warfare techniques are expected to drive the demand for the global electronic warfare market in the forecast period, 2023-2027. According to TechSci Research report,  “ Electronic Warfare Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global electronic warfare market is anticipated to witness impressive growth in the forecast period, 2023-2027. Electronic warfare uses the electromagnetic spectrum to sense and communicate with the radar, radiation, or infrared signals and counter enemy attacks. The development of electronic support measure technology is boosting the integration of advanced technologies for different military applications. The global electronic warfare market is driven by the rise in conflicts between countries and advancements in the electronic spectrum. Conflicts are increasing due to social, economic, and political tension between the countries.

  The rise in cross-border issues and the need to modernize the existing border security infrastructure are expected to drive the demand for the global border security market in the forecast period, 2023-2027. According to TechSci Research report,  “ Border Security Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global border security market is anticipated to witness impressive growth in the forecast period, 2023-2027. The threat of terrorism is rising at a rapid level which is making the countries adopt advanced weapons and equipment to protect national borders. The need to secure international borders from unwanted access fuels the need for border security solutions. The global border security market is driven by the increased demand to procure surveillance aircraft, submarines, advanced communication systems and equipment to guard and monitor the country's borders efficiently. Also, the intelligent surveillance system is gaining popul

  Modernization of armed forces and increased number of conflicts are expected to drive the demand for the global ballistic missile market in the forecast period, 2023-2027. According to TechSci Research report,  “ Ballistic Missile Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global ballistic missile market is anticipated to witness steady growth in the forecast period, 2023-2027. The market is driven by the factors such as the changing nature of warfare technologies and the development of autonomous missile technologies and equipment. A ballistic missile uses a projectile trajectory to deliver a warhead to the predetermined target. The number of warheads could be changed in ballistic missiles according to the requirements and target selection. Ballistic missiles are guided only through a short interval of time during their trajectory. They can carry conventional high explosives, for example, nuclear, biological, and chemical munitions. T

  Rising demand for drones from agriculture and logistics sector is driving the growth of the global drone market during the forecast period, 2023-2027. According to TechSci Research report,  “ Global Drone Market  - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”  The global drone market stood at USD35.40 billion in 2021 and  is expected to grow at a steady CAGR of 17.99% during the forecast period to reach USD96.00   billion by 2027 on account of  rising demand of global drones for commercial as well as military purpose. Owing to ever evolving drone technologies, drones which are compact sized, light weight and energy efficient are being increasingly introduced in the commercial market, with its applications growing across various sectors.    Drones, commonly referred to as unmanned aerial vehicles (UAVs), are aircrafts that are controlled by a remote human pilot or by pre-programmed plans or automation systems enabling them to fly autonomously