The Integrated Visual Augmentation System (IVAS) Market is valued at USD 1.1 Billion in 2024 and is projected to reach USD 2.76 Billion by 2032, at a CAGR of 12.2% from 2024 to 2032.
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Global Radome Market size was valued at USD 3.2 Billion in 2023 and is projected to reach USD 8.61 Billion by 2032, growing at a CAGR of 15.4% from 2023 to 2032 according to a new report by IMIR Market Research.
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Global Military Laser Systems Market Market size was valued at USD 5.74 Billion in 2023 and is projected to reach USD 7.2 Billion by 2032, growing at a CAGR of 8.4% from 2023 to 2032 according to a new report by IMIR Market Research.
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According to a new report by IMIR Market Research on Global Cruise Missile Market Size was valued at USD 2.5 Billion in 2023. The Cruise Missile market industry is projected to grow from USD 2.7 Billion in 2024 to USD 4.97 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.93% during the forecast period (2024 - 2032).
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Global Decoy Flares Market size reached USD 1.7 billion in 2023. Looking forward, as expects the market to reach USD 3.94 billion by 2032, exhibiting a growth rate (CAGR) of 9.79% during 2024-2032.
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The Rockets and Missiles Market size was valued at around US$ 64.76 billion in 2023 and is expected to reach a value of USD 92.66 Billion by 2031, at a CAGR of 4.58% over the forecast period (2024–2031).
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Global Bullet Proof Vest Market Size was valued at USD 1.7 Billion in 2022. The Bullet Proof Vest market industry is projected to grow from USD 1.9 Billion in 2023 to USD 2.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.40% during the forecast period (2023 - 2032). Growing awareness of commercial security worldwide and increasing demand for lightweight body armor from end-use industries like defense, law enforcement, and civilians, are the key market drivers enhancing the market growth.
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Global Laser Warning Receiver Market size was valued at USD 789 Million in 2022 and is projected to reach USD 1229.35 Million by 2031, growing at a CAGR of 5.7% from 2022 to 2031 according to a new report by Intellectual Market Insights Research.
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Global Electronic Warfare (EW) Market size was valued at USD 23.40 Billion in 2022 and is projected to reach USD 32.27 Billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031 according to a new report by IMIR Market Research.
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Global 5G in Defense Market size was valued at USD 740 Million in 2022 and is projected to reach USD 3335.61 Million by 2031, growing at a CAGR of 41.6% from 2022 to 2031 according to a new report by IMIR Market Research.
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Global Rocket Missile Market size was valued at USD 57.3 Billion in 2021 and is projected to reach USD 77.8 Billion by 2028, growing at a CAGR of 4.83% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Non Lethal Weapons Market size was valued at USD 6.23 Billion in 2021 and is projected to reach USD 9.46 Billion by 2028, growing at a CAGR of 6.5% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Dynamite Market size was valued at USD 4.15 Billion in 2021 and is projected to reach USD 5.98 Billion by 2028, growing at a CAGR of 6.63% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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The rise in growth can be attributed to the growing number of commercial UAV applications, which are expected to revolutionize a number of industries. The need for UAVs in business uses is being driven by continued technology advancements and falling costs. These applications include aerial photography and cinematography, mapping as and surveying, checks, spraying or seeding, and deliveries. The market for commercial UAVs is anticipated to increase in the upcoming years due to the expanding importance of UAVs in a variety of industries, including agriculture, power generation, utilities, retail, entertainment and media, and many other places.
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Global Body Worn Camera Market size was valued at USD 2.96 Billion in 2021 and is projected to reach USD 2923.26 Billion by 2028, growing at a CAGR of 155.5% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Military Simulation Virtual Training Market size was valued at USD 12.56 billion in 2021 and is projected to reach USD 18.98 billion by 2028, growing at a CAGR of 6.21% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Counter-IED Market size was valued at USD 1.42 billion in 2021 and is projected to reach USD 2.93 billion by 2028, growing at a CAGR of 2.65% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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The market for Unmanned Aerial Vehicle (UAV) was valued at approximately USD 26.20 Billion in 2023. Over the course of the forecast period (2024–2031), the market is expected to develop at a compound annual growth rate (CAGR) of 11.7%, reaching a value of USD 70.92 Billion by 2031.
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Global CBRN Defense Market size was valued at USD 15.80 billion in 2021 and is projected to reach USD 24.29 billion by 2028, growing at a CAGR of 6.41% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Operator Training Simulator Market size was valued at USD 9.56 Billion in 2021 and is projected to reach USD 19.56 Billion by 2028, growing at a CAGR of 10.64% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Surveillance Radar System Market size was valued at USD 7.84 Billion in 2021 and is projected to reach USD 10.79 Billion by 2028, growing at a CAGR of 7.24% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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Global Body Armor Market size was USD 3.1 Billion in 2022. Covid-19 impacts have been unprecedented and staggering on a global scale. With the pandemic leading to positive demand shocks for the Self-Storage Market across all domains and region between 2023 and 2031. The Market is projected to grow at a CAGR of 6.9% from USD 3.3 Billion in 2023 to USD 5.9 Billion in 2031. The Sudden rise in CAGR is attributed to this Market growth returning to the pre-pandemic level once the pandemic is over.
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Global Next Generation Military Power Supply Market size was valued at USD 2231.98 Million in 2021 and is projected to reach USD 3810.33 Million by 2028, growing at a CAGR of 9.32% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
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