Global Military Embedded Systems Market to Witness Extensive Growth with Growing Military Expenditure in Developing Nations

The globe is moving toward a more comprehensive use of digital technology in modern society in order to digitally empower individuals and accelerate technological transfer. Systems used in the military must be extremely secure, dependable, and tough. In the military and defense industries, having access to cutting-edge technology is essential. Most of today's latest technology relies on computing and embedded systems to support the unique requirements of the military. Embedded systems used for military purposes differ from those used for general-purpose purposes in civilian applications.

An embedded system may run separately or in combination with another, larger system. It is referred to as a military embedded system when employed in defense and military applications. An embedded system consists of several components, like rugged systems, single-board computers, multifunction I/O boards, and general-purpose graphics processing units. It is a device that uses a microprocessor or microcontroller to carry out real-time analysis and other specialized functions. Military embedded systems are used in numerous applications like reconnaissance and surveillance, intelligence, communication equipment, computers, control and command systems, data storage devices, and data acquisition equipment. The global military embedded systems market is expanding at a rapid pace due to the popularity of standard electronics like smart wearables and smartphones, as well as lightweight armoured vehicles.

Latest Market Insights in Military Embedded Systems

The military embedded systems market is experiencing growth due to the extensive use of wireless and multicore technology, the growing emphasis on cloud computing, and the development of systems for modern warfare. As per a report by Research Dive, the global military embedded systems market is expected to surpass a revenue of $3,259.3 million in the 2022–2031 timeframe. The North American military embedded systems market is expected to grow at a rapid rate in the coming years. This is because the region has a gigantic demand for military embedded systems owing to advancements in next-generation communication technologies in the region.

How are Market Players Responding to the Rising Demand for Military Embedded Systems?

Market players are greatly investing in pioneering research and inventions to cater for the increasing technological progress in network convergence. Some of the foremost players in the military embedded systems market are Mercury Systems, Inc., Curtiss-Wright Corporation, Intel Corporation, SMART Embedded Computing, BAE Systems, Advantech Co., Ltd., General Dynamics Corporation, Xilinx Inc., SDK Embedded Systems Ltd., Kontron (S&T), and others. These players are focused on planning and devising tactics such as mergers and acquisitions, collaborations, novel advances, and partnerships to reach a notable position in the global market. For instance:

• In March 2018, Chassis Plans, an American military and industrial computer systems manufacturer, launched 7-inch tablet for industrial and military applications.
   
• In September 2022, Curtiss-Wrights Defence Solutions, a leading provider of successful MOSA (modular open systems approach)-based solutions, announced that a leading defence system integrator has once again chosen it to supply its embedded security IP module technology.
   
• In January 2023, GET Engineering, a foremost high technology engineering company offering tactical data solutions to government and industrial clients, launched the Compact Embedded System (CES) for military and industrial applications.

COVID-19 Impact on the Global Military Embedded Systems Market

The unpredicted rise of the coronavirus pandemic in 2020 had adversely impacted the global military embedded systems market. During the pandemic period, the closure of manufacturing plants, the disruption of the supply chain, and the slowdown of economies across various countries have resulted in a reduction in demand for military embedded systems. Additionally, because of the government's limitations and lockdown measures, migrants and factory workers were unable to get to their workplaces, which had an impact on the supply and production of embedded systems. Even though these systems' manufacturing is crucial for military objectives, supply chain issues have temporarily halted production. A nation's level of COVID-19 exposure, the effectiveness of its production procedures, and import-export laws are only a few of the variables that impact when manufacturing and demand continue. The market expansion for military embedded systems during the pandemic was significantly impacted by all of these reasons.