Defense electronics Market worth $289.0 billion by 2028 - Exclusive Report by MarketsandMarkets™
The vetronics subsegment under navigation, communication & display segment is projected grow at the highest CAGR in the defense electronics market in 2023.
- The vetronics subsegment under navigation, communication & display segment is projected grow at the highest CAGR in the defense electronics market in 2023.
- The frigates subsegment under marine segments is projected to grow at the highest CAGR in the defense electronics market in 2023.
- The Asia Pacific region is expected to lead the Defense electronics market in 2023.
- The demand for defense electronics in this region is due to the increased adoption of defense electronic products and growing focus on developing advanced systems to increase defense capabilities.