Defense Electronics Obsolescence Market

Report Code AS 8975
Published in Mar, 2024, By MarketsandMarkets™
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Defense Electronics Obsolescence Market by System (Communication System; Navigation System; Human Machine Interface; Flight Control System; Targeting System; Electronic Warfare System; and Sensors), Type & Region - Global Forecast to 2028

Overview

The Defense Electronics Obsolescence Market is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2% during the forecast the forecast period. The market dynamics of defense electronics obsolescence present a unique and evolving landscape, characterized by rapid technological advancements, stringent regulatory requirements, and an ever-present need to maintain, upgrade, and replace aging systems with modern counterparts. This domain is crucial for maintaining national security and defense capabilities, yet it faces numerous challenges including the rapid pace of technological change, budgetary constraints, and the specialized nature of defense electronics. The defense electronics obsolescence market scope includes replacement demand for obsolete electronic components across marine, airborne, and land platforms arising from the long operational life of defense programs but a shorter life span of electronic components. The Defense Electronics Obsolescence Industry encompasses a wide range of activities, including reverse engineering and retrofitting existing systems with modern components. It also involves collaboration between defense contractors, electronics manufacturers, and research institutions to address the unique challenges faced by the defense sector. Obsolescence in this context pertains to the state where electronic components, technologies, or systems are no longer available, supported, or sustainable due to technological advancements, manufacturing discontinuations, or the unavailability of replacement parts.

Attractive Opportunities in the Defense Electronics Obsolescence Market

North America

The North America market is expected to record the highest CAGR. The growth in this market is attributed to the robust industrial base, technological innovation, and substantial defense spending in the region.

By platform, the airborne platform segment of the market is projected to reach USD 2.4 billion by 2028, growing at a CAGR of 8.9%.

The market growth in North America can be attributed to significant investments in R&D activities and technological advancements in radar, communication and electronic warfare capabilities..

Product developments and contracts are expected to offer lucrative opportunities to market players in the next five years.

Market growth can be attributed to the mismatch between the lifespan of military platforms and the components they rely on. This discrepancy leads to a situation where critical systems may rely on components that are no longer manufactured or supported.

Global Defense Electronics Obsolescence Market Dynamics

Driver: Adhering to Stringent Regulatory Requirements and Standards

In the defense electronics obsolescence market, stringent regulatory requirements and standards are pivotal in shaping the lifecycle of systems and components. These regulations, encompassing a wide range of operational, environmental, and interoperability standards, ensure that defense electronics meet the highest levels of reliability and functionality under the most demanding conditions.The evolution of these standards, such as the transition from MIL-STD-810G to MIL-STD-810H, reflects the ongoing efforts to align defense capabilities with contemporary operational realities and technological advancements. Compliance with these rigorous standards necessitates periodic reviews and upgrades of defense systems, often leading to the obsolescence of older components that cannot meet the new requirements. This regulatory landscape not only drives innovation and quality across the defense sector but also poses challenges for defense contractors and suppliers, who must navigate the complexities of certification and testing processes.The impact of regulatory standards extends beyond the technical domain, influencing strategic procurement decisions, alliance formations, and defense diplomacy. As global threats evolve and new technologies emerge, regulatory standards will continue to play a crucial role in ensuring that defense electronics are capable of operating in the future battlespace, making compliance a strategic imperative for maintaining competitive advantage and operational effectiveness.

Restraint: High Costs of System Upgrades and Replacement

The substantial economic l burden of upgrading or replacing obsolete components in defense systems represents a significant restraint in the defense electronics obsolescence market. This challenge is not merely about the direct costs of new components but encompasses a broader spectrum of expenses, including research and development for cutting-edge technologies, integration of new components into existing systems, rigorous testing and certification processes, and managing the complexities of global supply chains. These activities demand substantial investment, often running to millions or even billions of dollars for extensive system overhauls. Furthermore, defense budgets are finite and subject to competing priorities, which means that the allocation of funds towards system upgrades and replacements must be carefully balanced against other critical needs, such as new system acquisitions, personnel costs, and maintenance of existing capabilities. This financial restraint is compounded by the long lifecycles of defense platforms, during which technology can advance significantly, leading to a continuous cycle of obsolescence and replacement.The high costs associated with these upgrades and replacements limit the frequency and extent to which they can be undertaken, forcing defense organizations to make difficult decisions about which systems to modernize and which to maintain with increasingly outdated technology. This dynamic can impact the operational effectiveness of the defense forces, their ability to respond to emerging threats, and ultimately, national security. Addressing this financial restraint requires innovative approaches to managing defense budgets, such as increasing efficiency through modular design, leveraging commercial off-the-shelf technologies where appropriate, and forming strategic partnerships with industry to share the burden of development and production costs.

 

Opportunity: Strategic Adaptation through Remanufacturing and Reverse Engineering

In the defense electronics obsolescence market, remanufacturing and reverse engineering obsolete components represent a significant opportunity to mitigate the challenges of rapid technological obsolescence. This approach allows defense organizations to extend the operational life of critical systems without the need for comprehensive overhauls, thereby ensuring continuous capability and readiness while managing costs more effectively.Remanufacturing involves refurbishing and restoring used or outdated components to like-new condition, often enhancing them with the latest technological improvements. This process not only recycles existing materials and parts, reducing waste and environmental impact, but also circumvents the high costs and logistical complexities associated with sourcing new, compatible replacements for obsolete systems. By updating only the necessary components, defense entities can maintain the functionality and reliability of their equipment at a fraction of the cost of acquiring new systems.Reverse engineering, on the other hand, involves deconstructing and analyzing the design of obsolete components to create new parts that are functionally equivalent or improved. This is particularly valuable when original manufacturers no longer produce a component, or when documentation is lacking. Through reverse engineering, defense organizations can overcome supply chain vulnerabilities and reduce dependence on external suppliers, enhancing their self-reliance and security posture. This opportunity is not without its challenges, including the need for specialized skills and technologies, potential intellectual property issues, and the initial investment required to set up remanufacturing and reverse engineering capabilities. However, by embracing these strategies, defense forces can significantly improve their adaptability to technological change, reduce lifecycle costs, and ensure the sustained effectiveness of their systems in the face of rapid advancements and discontinuations in electronics technology.Adopting remanufacturing and reverse engineering strategies represents a forward-thinking approach to obsolescence management in the defense sector. It not only addresses the immediate needs for component replacement and system upgrade but also contributes to a more sustainable and cost-effective model for maintaining technological superiority and operational readiness over the long term.

Challenge: Synchronizing System Upgrades and Operational Readiness in Defense Forces

Balancing the modernization of defense systems with maintaining operational readiness is a critical challenge for defense forces. This complex task requires strategic scheduling and meticulous planning to ensure that upgrades or replacements of obsolete components do not impede the forces' immediate availability or combat readiness. The crux of the issue lies in executing system enhancements without creating vulnerabilities, especially given the unpredictable nature of global security threats.To navigate this challenge, defense organizations often adopt phased or incremental upgrade strategies, allowing for continuous operation albeit at a potentially reduced capacity. This approach minimizes downtime but necessitates rigorous logistical coordination and risk management to ensure that any temporary reductions in capability do not compromise overall defense posture. Furthermore, integrating new technologies into existing frameworks demands not only technical finesse to ensure compatibility and maintain system integrity but also a keen focus on training and adaptation for personnel. The workforce must be proficient with the updated systems from the get-go, requiring targeted training programs that align with the upgrade timelines. Successfully addressing this challenge is pivotal for defense forces aiming to stay at the technological forefront while remaining fully prepared to meet operational demands and security challenges head-on.

Global Defense Electronics Obsolescence Market Ecosystem Analysis

Companies that manufacture and provide underwater warfare components and services, including private firms and public firms, are key stakeholders in the underwater warfare market ecosystem. Investors, funders, integrators, service providers, and licensing authorities are the major influencers in this market.

 

Based on system, the targeting system segment is projected to grow at the highest CAGR during the forecast period.

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors. In military applications, radars form the backbone of sophisticated targeting systems, offering invaluable capabilities for situational awareness and threat identification. For instance, AN/TPY-2 radar used in ballistic missile defence systems, play a crucial role in detecting and tracking incoming missile threats. These radars provide early warning and tracking data to facilitate the interception of ballistic missiles, helping to protect critical assets and population centers from potential attacks.

Based on platform, irborne segment will dominate the market.

The defense electronics obsolescence market has been segmented based on Land, Naval, and Airborne platforms. The airborne category is anticipated to dominate the market due to the significant risk of obsolescence associated with the complex electronics employed by military aircraft, including aerial delivery systems, helmet-mounted displays (HMDs), communication systems, palletized loading systems (PLS), and radars.

North America region holds the largest share of the Defense Electronics Obsolescence Market.

North America dominates the defense electronics obsolescence market because of its substantial defense spending, cutting-edge technology, and robust industrial base. Leading North American firms are developing advanced obsolescence management strategies tailored to the unique requirements of various platforms, with a focus on ground, marine, and aerial systems. North American companies innovate in obsolescence management, allowing the military to maintain operational readiness and technological dominance. They achieve this by making calculated investments in cooperation, R&D, and R&D. North America is crucial for upholding stability in a geopolitical context that is becoming more complicated and for protecting national security interests because it is the leader in the defense electronics obsolescence sector.

 
 

Recent Developments of Defense Electronics Obsolescence Market industry

  • In January 2024, BAE Systems was awarded a contract by the Commonwealth of Australia to upgrade existing Mk 45 Mod 2 naval gun systems on Anzac class frigates with a Common Control System (CCS).
  • In October 2023, Collins Aerospace, an Raytheon Technologies Corporation’s business has signed a licensing agreement with South Korean company Hanwha Systems to manufacture airborne tactical radios in South Korea as part of a Second-generation Anti-jam Tactical UHF Radio for NATO waveform (SATURN) upgrade program.

Key Market Players

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Scope of the Report

Report Attribute Details
Estimated Value USD 2.5 Billion in 2023
Projected Value USD 3.7 Billion by 2028
Growth Rate CAGR of 8.2 %
Market size available for years 2020-2028
Base year considered 2022
Forecast period 2023-2028
Forecast units Value (USD)
Segments Covered By System, By Platform, By Type, and By Region
Geographies covered North America, Asia Pacific, Europe, and Middle East.
Companies covered Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

 

Key Questions Addressed by the Report

What is the current size of the defense electronics obsolescence market?
The market is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2%.
Who are the winners in the defense electronics obsolescence market?
Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US), and Elbit Systems Ltd. (Israel).
What are some of the technological advancements in the market?
  • Modular Open Systems Approach (MOSA): Facilitates easier component upgrades through modular design and open standards. Example: US Navy’s SEWIP.
  • Additive Manufacturing (3D Printing): Enables on-demand production of discontinued parts.
What are the factors driving the growth of the market?
  • Rapid technological advancements
  • Stringent regulatory requirements and standards
  • Supply chain disruptions
Which region is expected to hold the highest market share in the defense electronics market?
North America is estimated to hold the largest market share of 56% of the total market in 2023.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
21
RESEARCH METHODOLOGY
27
EXECUTIVE SUMMARY
45
PREMIUM INSIGHTS
48
MARKET OVERVIEW
50
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Rapid technological advancements leading to challenges in lifecycle management
    - Stringent regulatory requirements and standards
    - Potential supply chain disruptions
    - Evolving threat landscape
    RESTRAINTS
    - High cost of system upgrades and replacements
    - Intellectual property barriers in defense electronics upgrades
    OPPORTUNITIES
    - Strategic adaptation through remanufacturing and reverse engineering
    - Adoption of modular designs to future-proof defense electronics
    CHALLENGES
    - Synchronizing system upgrades and operational readiness in defense forces
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    NEW REVENUE SHIFTS AND REVENUE POCKETS IN DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • 5.4 VALUE CHAIN ANALYSIS
    RESEARCH & DEVELOPMENT
    RAW MATERIALS
    COMPONENT/PRODUCT MANUFACTURERS (OEMS)
    INTEGRATORS AND SYSTEM PROVIDERS
    END USERS
  • 5.5 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND ANALYSIS, BY SYSTEM
    INDICATIVE PRICE TREND ANALYSIS
  • 5.6 OPERATIONAL DATA
  • 5.7 ECOSYSTEM MAPPING
    PROMINENT COMPANIES
    PRIVATE AND SMALL ENTERPRISES
    END USERS
  • 5.8 TECHNOLOGY ANALYSIS
  • 5.9 TRADE ANALYSIS
  • 5.10 USE CASE ANALYSIS
    USE CASE 1: EARLY WARNING AND CONTROL SYSTEM UPGRADE BY INDIAN AIR FORCE FOR ENHANCED DETECTION CAPABILITIES
    USE CASE 2: MILITARY COMMUNICATIONS SYSTEM UPGRADE BY US DEFENSE FORCES FOR IMPROVED SECURITY AND RELIABILITY
  • 5.11 KEY CONFERENCES AND EVENTS
  • 5.12 REGULATORY LANDSCAPE
    NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.14 BUSINESS MODEL OF KEY MARKET PLAYERS
INDUSTRY TRENDS
84
  • 6.1 INTRODUCTION
  • 6.2 TECHNOLOGY TRENDS
    ADVANCED COMPONENT OBSOLESCENCE MANAGEMENT TOOLS
    MODULAR OPEN SYSTEMS APPROACH
    DIGITAL TWINS
    ADDITIVE MANUFACTURING
    BLOCKCHAIN
  • 6.3 IMPACT OF MEGATRENDS
    MANAGING ACCELERATED COMPONENT OBSOLESCENCE
  • 6.4 SUPPLY CHAIN ANALYSIS
  • 6.5 INNOVATIONS AND PATENT REGISTRATIONS
  • 6.6 TOTAL COST OF OWNERSHIP
  • 6.7 TECHNOLOGY ROADMAP
DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY SYSTEM
99
  • 7.1 INTRODUCTION
  • 7.2 COMMUNICATIONS
    TRANSPONDER
    - Advancements in Mode 5 IFF technology to drive segment growth
    TRANSCEIVER
    - Evolving threat landscape and need for secure and reliable transmission to propel segment
    ANTENNA
    - Enhanced capability of advanced antennas to boost segment growth
    TRANSMITTER
    - Need for advanced military transmitter to drive innovation in segment
    RECEIVER
    - Innovation-driven advancements to drive segment
  • 7.3 NAVIGATION
    INERTIAL NAVIGATION SYSTEM
    - Development of miniaturized and cost-effective systems to drive segment growth
    - Altimeter
    - Magnetometer
    - Gyroscope
    GLOBAL POSITIONING SYSTEM
    - Advancements in anti-jam and anti-spoof capabilities in GPS technology to boost demand
    NAVIGATION COMPUTER
    - Enhanced real-time data processing capabilities to drive segment growth
  • 7.4 HUMAN MACHINE INTERFACE
    NAVIGATION DISPLAY
    - Integration with emerging technologies to boost segment growth
    PRIMARY FLIGHT DISPLAY
    - Development of new and advanced displays to boost demand
    MULTI-FUNCTION DISPLAY
    - Evolving requirements from military sector to lead to increased demand
  • 7.5 FLIGHT CONTROL
    DIGITAL FLIGHT CONTROL COMPUTER
    - Enhanced precision and adaptability of digital systems to propel segment growth
  • 7.6 TARGETING
    RADAR
    - Shift in military requirements and tactics to drive segment
    - Antenna
    - Transmitter
    - Receiver
    - Digital signal processor
    - Power amplifier
    - Duplexer
    ELECTRO-OPTIC & INFRARED
    - Limited service life for EO/IR systems leading to costly maintenance drives segment growth
    - Transmitter
    - Receiver
    - Beam expander
    - Optical sensor
    - Detector
    - Signal processor
  • 7.7 ELECTRONIC WARFARE
    JAMMER
    - Advancements in jamming techniques and countermeasure technology to propel segment growth
    - Transmitter
    - Receiver
    - Control unit
    - Display
  • 7.8 SENSOR
    INFRARED
    - Evolving operational needs and requirement for outdated sensors to boost segment growth
    MOTION
    - Costly maintenance of aging sensors to drive segment growth
    LIDAR
    - Need for sensors that help counter emerging threats to boost segment growth
    PRESSURE
    - Trend towards miniaturization to boost segment growth
    RADIATION
    - Advancements in alternative sensing technologies to drive segment
    MAGNETIC
    - Need for sensors that meet specialized requirements to propel segment
    BIOMETRIC
    - Focus on development of tamper-resistant sensors to boost segment growth
    HUMIDITY/TEMPERATURE
    - Demand for sensors that provide enhanced performance and flexibility to drive segment
    PROXIMITY
    - Requirement of sensors that facilitate seamless integration with interconnected defense networks to propel segment
DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM
115
  • 8.1 INTRODUCTION
  • 8.2 LAND
    COMBAT VEHICLE
    - Increasing demand for electronics in asymmetric warfare to drive segment
    - Main battle tank
    - Infantry fighting vehicle
    - Armored personnel carrier
    - Light armored vehicle
    COMBAT SUPPORT VEHICLE
    - Requirement for interoperability with various platforms and systems to boost segment growth
    - Armored combat support vehicle
    - Mine-resistant ambush-protected
  • 8.3 NAVAL
    AIRCRAFT CARRIER
    - Development of more efficient and advanced launch and recovery systems to propel segment
    DESTROYER
    - Rapid advancements in sensor, communications, and weapon technologies to boost segment growth
    FRIGATE
    - Evolving mission requirements to drive segment
    CORVETTE
    - Need to achieve operational effectiveness in designated environments to propel segment
    SUBMARINE
    - Evolution of anti-submarine warfare to boost segment growth
    PATROL VESSEL
    - Growing requirement for substitution of outdated and ineffective electronics to drive segment
    MINE COUNTERMEASURES SHIP
    - Development of more sensitive and accurate systems to boost segment growth
  • 8.4 AIRBORNE
    COMBAT AIRCRAFT
    - Rising need for interoperability and integration to boost drive segment
    TRANSPORT AIRCRAFT
    - Growing requirement for maintenance and support of aging systems to propel segment
    SPECIAL MISSION AIRCRAFT
    - Increasing production of aircraft that support wide range of specialized missions to drive market
    COMBAT HELICOPTER
    - Rise in need for continuous upgrades to adapt to new emerging tactics will boost segment
TYPES OF DEFENSE ELECTRONICS OBSOLESCENCE
124
  • 9.1 INTRODUCTION
  • 9.2 LOGISTICS OBSOLESCENCE
  • 9.3 FUNCTIONAL OBSOLESCENCE
  • 9.4 TECHNOLOGY OBSOLESCENCE
REGIONAL ANALYSIS
127
  • 10.1 INTRODUCTION
  • 10.2 REGIONAL RECESSION IMPACT ANALYSIS
  • 10.3 NORTH AMERICA
    NORTH AMERICA: RECESSION IMPACT
    NORTH AMERICA: PESTLE ANALYSIS
    US
    - Focus of DOD on mitigation of obsolescence risks to drive market
    CANADA
    - Significant government support for defense infrastructure modernization to propel market
  • 10.4 EUROPE
    EUROPE: RECESSION IMPACT
    EUROPE: PESTLE ANALYSIS
    UK
    - Increasing need to improve operational readiness of defense systems to boost market growth
    FRANCE
    - Evolving defense needs to fuel market growth
  • 10.5 ASIA PACIFIC
    ASIA PACIFIC: RECESSION IMPACT
    ASIA PACIFIC: PESTLE ANALYSIS
    INDIA
    - Focus on modernization of aging electronic components and systems to drive market
    AUSTRALIA
    - Growing efforts to upgrade military aircraft to boost market growth
  • 10.6 MIDDLE EAST
    MIDDLE EAST: RECESSION IMPACT
    MIDDLE EAST: PESTLE ANALYSIS
    SAUDI ARABIA
    - Rise in need to upgrade airborne surveillance system aircraft to drive market
    UAE
    - Increasing demand for advanced border defense systems to boost market growth
COMPETITIVE LANDSCAPE
151
  • 11.1 OVERVIEW
  • 11.2 STRATEGIES ADOPTED BY KEY PLAYERS
  • 11.3 RANKING ANALYSIS
  • 11.4 REVENUE ANALYSIS
  • 11.5 MARKET SHARE ANALYSIS
  • 11.6 COMPANY EVALUATION MATRIX, 2022
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
  • 11.7 COMPANY FOOTPRINT
  • 11.8 START-UP/SME EVALUATION MATRIX, 2022
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING
  • 11.9 COMPETITIVE SCENARIOS AND TRENDS
    DEALS
    OTHER DEVELOPMENTS
  • 11.10 FINANCIAL METRICS AND VALUATION
COMPANY PROFILES
170
  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYERS
    RAYTHEON TECHNOLOGIES CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BAE SYSTEMS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    THALES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    L3HARRIS TECHNOLOGIES, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ELBIT SYSTEMS LTD.
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    HEXAGON AB
    - Business overview
    - Products/Solutions/Services offered
    LEONARDO S.P.A.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    CURTISS-WRIGHT CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    BHARAT ELECTRONICS LTD
    - Business overview
    - Products/Solutions/Services offered
    ULTRA ELECTRONICS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    HINDUSTAN AERONAUTICS LTD
    - Business overview
    - Products/Solutions/Services offered
    LOCKHEED MARTIN CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    TT ELECTRONICS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SIEMENS AG
    - Business overview
    - Products/Solutions/Services offered
    MEL SYSTEMS AND SERVICES LTD.
    - Business overview
    - Products/Solutions/Services offered
  • 12.3 OTHER PLAYERS
    ACTIA
    LARSEN & TOUBRO LIMITED
    DEFENCE RESEARCH & DEVELOPMENT ORGANIZATION (DRDO)
    CYIENT LIMITED
    RADEL ADVANCED TECHNOLOGY PVT. LTD.
    ALL TECH ELECTRONICS
    CONVERGE
    EINFOCHIPS
    A2 GLOBAL ELECTRONICS + SOLUTIONS
    FERMIONX
APPENDIX
225
  • 13.1 DISCUSSION GUIDE
  • 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.3 CUSTOMIZATION OPTIONS
  • 13.4 RELATED REPORTS
  • 13.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 INCLUSIONS AND EXCLUSIONS
  • TABLE 2 USD EXCHANGE RATES
  • TABLE 3 MARKET ESTIMATION PROCEDURE
  • TABLE 4 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • TABLE 5 SELECTION CRITERIA FOR DEFENSE FLEET MANAGEMENT AND MODERNIZATION, BY COUNTRY
  • TABLE 6 RAPID TECHNOLOGICAL ADVANCEMENTS IN DEFENSE PLATFORMS IN LAST 5 YEARS
  • TABLE 7 REGULATORY REQUIREMENTS AND STANDARDS FOR DEFENSE PLATFORMS
  • TABLE 8 GLOBAL CHALLENGES IN DEFENSE ELECTRONICS SUPPLY CHAIN
  • TABLE 9 AVERAGE SELLING PRICE TREND FOR LAND PLATFORM, BY SYSTEM, 2021–2028
  • TABLE 10 AVERAGE SELLING PRICE TREND FOR NAVAL PLATFORM, BY SYSTEM, 2021–2028
  • TABLE 11 AVERAGE SELLING PRICE TREND FOR AIRBORNE PLATFORM, BY SYSTEM, 2021–2028
  • TABLE 12 COST METRICS FOR OBSOLESCENCE (USD)
  • TABLE 13 LAND FLEET, BY COUNTRY, 2023
  • TABLE 14 NAVAL FLEET, BY COUNTRY, 2023
  • TABLE 15 AIRBORNE FLEET, BY COUNTRY, 2023
  • TABLE 16 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 17 TECHNOLOGY ANALYSIS FOR DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • TABLE 18 COUNTRY-WISE IMPORTS, 2019–2022 (USD THOUSAND)
  • TABLE 19 COUNTRY-WISE EXPORTS, 2019–2022 (USD THOUSAND)
  • TABLE 20 KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR 3 PLATFORMS
  • TABLE 22 KEY BUYING CRITERIA FOR 3 PLATFORMS
  • TABLE 23 INNOVATIONS AND PATENT REGISTRATIONS, 2019−2022
  • TABLE 24 TOTAL COST OF OWNERSHIP FOR INDIVIDUAL AIRCRAFT
  • TABLE 25 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY SYSTEM, 2020–2022 (USD MILLION)
  • TABLE 26 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
  • TABLE 27 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 28 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 29 REGIONAL RECESSION IMPACT ANALYSIS
  • TABLE 30 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY REGION, 2020–2022 (USD MILLION)
  • TABLE 31 DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 32 NORTH AMERICA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
  • TABLE 33 NORTH AMERICA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 34 NORTH AMERICA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 35 NORTH AMERICA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 36 US: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 37 US: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 38 CANADA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 39 CANADA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 40 EUROPE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
  • TABLE 41 EUROPE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 42 EUROPE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 43 EUROPE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 44 UK: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 45 UK: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 46 FRANCE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 47 FRANCE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 48 ASIA PACIFIC: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
  • TABLE 49 ASIA PACIFIC: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 50 ASIA PACIFIC: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 51 ASIA PACIFIC: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 52 INDIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 53 INDIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 54 AUSTRALIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 55 AUSTRALIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 56 MIDDLE EAST: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
  • TABLE 57 MIDDLE EAST: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 58 MIDDLE EAST: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 59 MIDDLE EAST: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 60 SAUDI ARABIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 61 SAUDI ARABIA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 62 UAE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2020–2022 (USD MILLION)
  • TABLE 63 UAE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET, BY PLATFORM, 2023–2028 (USD MILLION)
  • TABLE 64 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2022–2023
  • TABLE 65 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: DEGREE OF COMPETITION
  • TABLE 66 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: COMPANY FOOTPRINT, BY PLATFORM
  • TABLE 67 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: COMPANY FOOTPRINT, BY TYPE
  • TABLE 68 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: COMPANY FOOTPRINT, BY REGION
  • TABLE 69 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: LIST OF KEY START-UPS/SMES
  • TABLE 70 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
  • TABLE 71 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: DEALS, OCTOBER 2022– DECEMBER 2023
  • TABLE 72 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: OTHER DEVELOPMENTS, JULY 2020–JANUARY 2024
  • TABLE 73 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY OVERVIEW
  • TABLE 74 RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 75 RAYTHEON TECHNOLOGIES CORPORATION: DEALS
  • TABLE 76 RAYTHEON TECHNOLOGIES CORPORATION: OTHER DEVELOPMENTS
  • TABLE 77 BAE SYSTEMS: COMPANY OVERVIEW
  • TABLE 78 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 79 BAE SYSTEMS: OTHER DEVELOPMENTS
  • TABLE 80 THALES: COMPANY OVERVIEW
  • TABLE 81 THALES: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 82 THALES: OTHER DEVELOPMENTS
  • TABLE 83 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
  • TABLE 84 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 85 L3HARRIS TECHNOLOGIES, INC.: DEALS
  • TABLE 86 L3HARRIS TECHNOLOGIES, INC.: OTHER DEVELOPMENTS
  • TABLE 87 ELBIT SYSTEMS LTD.: COMPANY OVERVIEW
  • TABLE 88 ELBIT SYSTEMS LTD.: PRODUCTS/SERVICES/SOLUTIONS
  • TABLE 89 HEXAGON AB: COMPANY OVERVIEW
  • TABLE 90 HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 91 LEONARDO S.P.A.: COMPANY OVERVIEW
  • TABLE 92 LEONARDO S.P.A.: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 93 LEONARDO S.P.A.: OTHER DEVELOPMENTS
  • TABLE 94 CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW
  • TABLE 95 CURTISS-WRIGHT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 96 CURTISS-WRIGHT CORPORATION: OTHER DEVELOPMENTS
  • TABLE 97 BHARAT ELECTRONICS LTD: COMPANY OVERVIEW
  • TABLE 98 BHARAT ELECTRONICS LTD: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 99 ULTRA ELECTRONICS: COMPANY OVERVIEW
  • TABLE 100 ULTRA ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 101 ULTRA ELECTRONICS: OTHER DEVELOPMENTS
  • TABLE 102 HINDUSTAN AERONAUTICS LTD: COMPANY OVERVIEW
  • TABLE 103 HINDUSTAN AERONAUTICS LTD: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 104 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
  • TABLE 105 LOCKHEED MARTIN CORPORATION: PRODUCTS/SERVICES/SOLUTIONS
  • TABLE 106 TT ELECTRONICS: COMPANY OVERVIEW
  • TABLE 107 TT ELECTRONICS.: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 108 TTF ELECTRONICS: OTHER DEVELOPMENTS
  • TABLE 109 SIEMENS AG: COMPANY OVERVIEW
  • TABLE 110 SIEMENS AG: PRODUCTS/SERVICES/SOLUTIONS
  • TABLE 111 MEL SYSTEMS AND SERVICES LTD.: COMPANY OVERVIEW
  • TABLE 112 MEL SYSTEMS AND SERVICES LTD.: PRODUCTS/SOLUTIONS/SERVICES
  • TABLE 113 ACTIA: COMPANY OVERVIEW
  • TABLE 114 LARSEN & TURBO LIMITED: COMPANY OVERVIEW
  • TABLE 115 DEFENCE RESEARCH & DEVELOPMENT ORGANIZATION (DRDO): COMPANY OVERVIEW
  • TABLE 116 CYIENT LIMITED: COMPANY OVERVIEW
  • TABLE 117 RADEL ADVANCED TECHNOLOGY PVT. LTD.: COMPANY OVERVIEW
  • TABLE 118 ALL TECH ELECTRONICS: COMPANY OVERVIEW
  • TABLE 119 CONVERGE: COMPANY OVERVIEW
  • TABLE 120 EINFOCHIPS: COMPANY OVERVIEW
  • TABLE 121 A2 GLOBAL ELECTRONICS + SOLUTIONS: COMPANY OVERVIEW
  • TABLE 122 FERMIONX: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 RESEARCH PROCESS FLOW
  • FIGURE 2 RESEARCH DESIGN
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 5 IMPACT OF RUSSIA-UKRAINE WAR ON MACRO FACTORS OF DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • FIGURE 6 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • FIGURE 7 DATA TRIANGULATION
  • FIGURE 8 TARGETING TO BE LARGEST SEGMENT OF MARKET DURING FORECAST PERIOD
  • FIGURE 9 AIRBORNE PLATFORM TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 10 NORTH AMERICA TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 11 MISMATCH BETWEEN LIFESPAN OF MILITARY PLATFORMS AND THEIR COMPONENTS TO DRIVE MARKET
  • FIGURE 12 TARGETING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 13 AIRBORNE SEGMENT HELD LARGEST MARKET SHARE IN 2023
  • FIGURE 14 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 15 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 16 VALUE CHAIN ANALYSIS
  • FIGURE 17 AVERAGE SELLING PRICE TREND FOR LAND PLATFORM, BY SYSTEM, 2023
  • FIGURE 18 AVERAGE SELLING PRICE TREND FOR NAVAL PLATFORM, BY SYSTEM, 2023
  • FIGURE 19 AVERAGE SELLING PRICE TREND FOR AIRBORNE PLATFORM, BY SYSTEM, 2023
  • FIGURE 20 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: ECOSYSTEM MAPPING
  • FIGURE 21 IMPORT DATA OF TOP 8 COUNTRIES
  • FIGURE 22 EXPORT DATA OF TOP 8 COUNTRIES
  • FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR 3 PLATFORMS
  • FIGURE 24 KEY BUYING CRITERIA FOR 3 PLATFORMS
  • FIGURE 25 BUSINESS MODEL OF KEY MARKET PLAYERS
  • FIGURE 26 TECHNOLOGY TRENDS IN DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • FIGURE 27 SUPPLY CHAIN ANALYSIS
  • FIGURE 28 TOP 10 PATENT OWNERS
  • FIGURE 29 TOTAL COST OF OWNERSHIP ASSOCIATED WITH ACQUISITION OF SPECIFIC MILITARY ASSETS
  • FIGURE 30 AIRCRAFT LIFECYCLE PHASES
  • FIGURE 31 AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES AS PERCENTAGE OF TOTAL LIFECYCLE COST
  • FIGURE 32 FIGHTER AIRCRAFT TOTAL THROUGH-LIFE COST (USD MILLION)
  • FIGURE 33 FIGHTER AIRCRAFT OPERATIONS AND MAINTENANCE COST, PER TAIL PER YEAR (USD MILLION)
  • FIGURE 34 TECHNOLOGY TRENDS, 2000–2050
  • FIGURE 35 TECHNOLOGY ROADMAP, 1970–2028
  • FIGURE 36 EMERGING TRENDS IN DEFENSE ELECTRONICS OBSOLESCENCE MARKET
  • FIGURE 37 TARGETING TO BE LARGEST SEGMENT OF MARKET DURING FORECAST PERIOD
  • FIGURE 38 AIRBORNE PLATFORM TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 39 NORTH AMERICA TO DOMINATE MARKET FROM 2023 TO 2028
  • FIGURE 40 NORTH AMERICA: DEFENSE ELECTRONICS OBSOLESCENCE MARKET SNAPSHOT
  • FIGURE 41 EUROPE: DEFENSE ELECTRONICS OBSOLESCENCE MARKET SNAPSHOT
  • FIGURE 42 ASIA PACIFIC: DEFENSE ELECTRONICS OBSOLESCENCE MARKET SNAPSHOT
  • FIGURE 43 MIDDLE EAST: DEFENSE ELECTRONICS OBSOLESCENCE MARKET SNAPSHOT
  • FIGURE 44 MARKET RANKING OF KEY PLAYERS, 2022
  • FIGURE 45 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2020–2023
  • FIGURE 46 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2022
  • FIGURE 47 COMPANY EVALUATION MATRIX, 2022
  • FIGURE 48 DEFENSE ELECTRONICS OBSOLESCENCE MARKET: COMPANY FOOTPRINT
  • FIGURE 49 START-UP/SME EVALUATION MATRIX, 2022
  • FIGURE 50 VALUATION OF PROMINENT MARKET PLAYERS
  • FIGURE 51 FINANCIAL METRICS OF PROMINENT MARKET PLAYERS
  • FIGURE 52 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
  • FIGURE 53 BAE SYSTEMS: COMPANY SNAPSHOT
  • FIGURE 54 THALES: COMPANY SNAPSHOT
  • FIGURE 55 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
  • FIGURE 56 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
  • FIGURE 57 HEXAGON AB: COMPANY SNAPSHOT
  • FIGURE 58 LEONARDO S.P.A.: COMPANY SNAPSHOT
  • FIGURE 59 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
  • FIGURE 60 BHARAT ELECTRONICS LTD: COMPANY SNAPSHOT
  • FIGURE 61 HINDUSTAN AERONAUTICS LTD: COMPANY SNAPSHOT
  • FIGURE 62 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
  • FIGURE 63 TT ELECTRONICS: COMPANY SNAPSHOT
  • FIGURE 64 SIEMENS AG: COMPANY SNAPSHOT

This research study on the defense electronics obsolescence involves the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, Crunchbase, BusinessWeek, and Factiva, to identify and collect information relevant to the market. The primary sources considered include industry experts, as well as manufacturers, system providers, technology developers, alliances, and organizations related to all segments of the value chain of this defense electronics industry. In-depth interviews with various primary respondents, including key industry participants, subject-matter experts (SME), industry consultants, and C-level executives, have been conducted to obtain and verify critical qualitative and quantitative information pertaining to the market, as well as to assess its growth prospects.

Secondary Research

The ranking analysis of companies in the defense electronics obsolescence has been determined using secondary data from paid and unpaid sources and analyzing the product/services/solutions portfolios of major companies operating in the market. These companies have been rated based on the performance and diversification of their products. Primary sources further validate these data points.

Secondary sources referred for this research study include financial statements of companies offering defense electronics obsolescence for all respective systems stages, such as human machine interface, targeting systems, electronic warfare system, communications systems, navigation systems, flight control systems and sensors, along with various trade, business, and professional associations. The secondary data has been collected and analysed to arrive at the overall size of the market, which has been validated by primary respondents.

Primary Research

Extensive primary research has been conducted after obtaining information about the current scenario of the defense electronics obsolescence through secondary research. Several primary interviews have been conducted with market experts from the demand and supply sides across five regions, namely, North America, Europe, Asia Pacific, the Middle East. This primary data has been collected through questionnaires, emails, and telephonic interviews.

Defense Electronics Obsolescence Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the size of the market. The research methodology used to estimate the market size also includes the following details:

  • Key players have been identified through secondary research, and their market ranking has been determined through primary and secondary research. This includes a study of annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
  • All percentage splits and trends have been determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

Market Size Estimation Methodology: Bottom-Up Approach

Defense Electronics Obsolescence Market
 Size, and Bottom-Up Approach

Market Size Estimation Methodology: Top-Down Approach

Defense Electronics Obsolescence Market
 Size, and Top-Down Approach

Data Triangulation

After arriving at the overall market size, the total market has been split into several segments and subsegments. The data triangulation and market breakdown procedures explained below have been implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both the top-down and bottom-up approaches.

Market Definition

?The defense electronics obsolescence market scope includes replacement demand for obsolete electronic components across marine, airborne, and land platforms arising from the long operational life of defense programs but a shorter life span of electronic components. The defense electronics obsolescence market encompasses a wide range of activities, including reverse engineering and retrofitting existing systems with modern components. It also involves collaboration between defense contractors, electronics manufacturers, and research institutions to address the unique challenges faced by the defense sector. Obsolescence in this context pertains to the state where electronic components, technologies, or systems are no longer available, supported, or sustainable due to technological advancements, manufacturing discontinuations, or the unavailability of replacement parts.

STAKEHOLDERS

  • Government Authorities
  • Regulatory Bodies
  • R&D Companies
  • Subsystem Manufacturers
  • Electronic Component Manufacturers
  • Electronic System Providers
  • Platform Manufacturers
  • Re-engineering Component and Sub-component Providers
  • Armed Forces.

Report Objectives

  • To define, describe, and forecast the defense electronics obsolescence market based on system, platform, and type from 2023 to 2028
  • To forecast the size of various segments of the market with respect to major regions: North America, Europe, Asia Pacific, the Middle East.
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and their contribution to the market
  • To analyze opportunities for stakeholders in the market by identifying key market trends
  • To analyze competitive developments such as contracts, acquisitions, agreements, and product launches in the market
  • To provide a detailed competitive landscape of the market, in addition to an analysis of business and corporate strategies adopted by leading market players
  • To strategically profile key market players and comprehensively analyze their core competencies.

Available customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the market segments at country-level

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Previous Versions of this Report

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Growth opportunities and latent adjacency in Defense Electronics Obsolescence Market

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