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ARTICLES

Global Electronic Warfare systems market to reach $10.2 billion by end of 2014

 According to ASDReports, the global electronic warfare systems market is expected to value $10.2 billion by the end of 2014, which is estimated to increase to $13.2 billion by 2024, representing a CAGR of 2.68 percent during the forecast period. 


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Increasing range of military applications for GPS/GNSS devices will drive market

Global spending on GPS/GNSS systems and devices is expected to remain robust over the coming decade, according to Strategic Defence Intelligence new report – The Global Military GPS/GNSS Devices Market 2013-2023 – which forecasts market growth at a CAGR of 4.6%, primarily driven by their extensive use alongside associated software in modern or fourth-generation warfare.


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Smart weapons market worth $5335.1M by 2018

The global smart weapons market is valued at $3621 million in 2013 and is expected to register a CAGR of 8.06% to reach $5335.1 million by 2018. The cumulative market across the forecasted period is estimated to be $26.73 billion.


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