NORTHBROOK, Ill. – Global demand for military embedded computing will grow by 36.3 percent over the next five years, rising from $13.5 billion in 2020 to $18.4 billion by 2025, predict analysts at market researcher Markets and Markets in Northbrook, Ill.
This represents a combined annual growth rate of 6.4 percent through 2025, analysts predict in the report, "The Military Embedded Systems Market."
Major players operating in the military embedded computing market are U.S. firms Intel Corp., Microsemi Corp., Curtiss-Wright Corp., and Xilinx Inc.; as well as Austrian company Kontron AG, analysts say.
Improvements in integrated circuits and processor technologies have led to a decline in the overall hardware costs of embedded systems, supported by a reduction in chip size and increasing power efficiencies.
Military embedded systems have compact architecture and provide much integration between control devices, sensors, and communications devices, leading to a rise in demand for military embedded systems to replace traditional computational systems, analysts say.
The embedded computing hardware segment will lead the military embedded systems market during the forecast period, driven by the rise in demand for driver-assistance systems and electromobility solutions for electric and hybrid combat vehicles.
Other factors driving the military embedded computing market are increasing demand for portable and wearable electronics, and increase in the use of multicore processors.
Leading the military embedded computing hardware market are the Advanced Telecom Computing Architecture (Advanced TCA) segment. Other promising segments are advanced telecom computing architecture; compact-PCI boards; Compact-PCI Serial; VMEbus; Open VPX; motherboard and computer-on-modules; single-board computers; and Micro-TCA and advanced-MC.
Related: Global demand in the embedded computing market set to grow by 31 percent in next 5 years
Driving demand for Advanced TCA military embedded computing are increasing requirements for radar, sonar, flight control, and onboard system applications.
The airborne segment will lead the military embedded systems market, driven by increasing demand for open-system avionics in special mission aircraft; increasing surveillance operations due to geographical instability; development of advanced electronic systems; and mission-critical embedded systems.
The fastest regional growth in the military embedded computing market will be in Asia Pacific because of initiatives in countries such as China, India, Japan, and South Korea to overcome latency, network bandwidth, reliability, and security.
Related: Demand up for SFF, high-density embedded computing
Other factors driving growth in Asia Pacific embedded computing are new developments in defense capabilities; advancements in wireless technologies like 5G; increased adoption of advanced lightweight armored vehicles; and increased demand for modular electronics like wearable computing and smart phones.
The availability of low-cost electronic products is also expected to increase the demand for microprocessors and microcontrollers in the region. India, China, and Japan also are investing in network-centric solutions to strengthen the capacity of their defense communications systems.
For more information contact Markets and Markets online at www.marketsandmarkets.com.
