Defense Electronics Obsolescence Market Size, Share & Trends Analysis Report By System (Communication System; Navigation System; Human Machine Interface; Flight Control System; Targeting System; Electronic Warfare System; and Sensors), By Platform (Land, Naval, Airborne), By Type (Logistics Obsolescence, Functional Obsolescence, Technology Obsolescence), By Region, And By Segment Forecasts, 2024-2031.

Defense Electronics Obsolescence Market Size is valued at USD 2.63 Bn in 2023 and is predicted to reach USD 5.08 Bn by the year 2031 at a 8.57% CAGR during the forecast period for 2024-2031.

Obsolescence poses a major difficulty in defence electronics, mostly because of the swift pace of technological improvements and the extended life cycles of military equipment. Components and systems can become obsolete, unavailable, or incompatible with newer technologies, which can pose dangers to defence readiness and security. To tackle obsolescence, it is necessary to engage in strategic planning that encompasses lifecycle management, technology updates, and the utilization of commercial off-the-shelf components whenever feasible. Possible solutions may include system redesign, the substitution of components, or utilization of emulation technologies to guarantee ongoing functionality and support for defense activities.

Applications in military and defence necessitate these systems' greater situational awareness, faster reaction times, and enhanced precision. Restrictive regulatory norms and criteria play a crucial role in determining the lifespan of systems and components in the defense electronics obsolescence industry. Furthermore, the defense electronics obsolescence market is experiencing strong expansion, mostly attributable to the increasing production of electric vehicles. Any vehicle that gets at least some of its power from an electric source is considered an electric vehicle. The electric energy flow and control are crucial aspects of electric cars that rely on defense electronics obsolescence. 

However, the market growth is hampered by the high-cost criteria for the safety and health of the defense electronics obsolescence market and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high defense electronics obsolescence, because defense electronics have a high initial investment and avionic device installation and upgrade costs are also substantial, which is limiting the market's total growth. Defense electronics are subject to export laws and restrictions on international trade. The dual goals of protecting the nation and limiting technological progress are the driving forces behind these regulations. Businesses in the international electronic protection industry may face challenges due to export restrictions. The global market has been hit hard by the COVID-19 pandemic, and many manufacturers have had to close their doors in an effort to keep their employees safe from the virus. This has put a damper on the industry's growth prospects.

Competitive Landscape

Some Major Key Players In The Defense Electronics Obsolescence Market:

• Raytheon Technologies Corporation
• BAE Systems
• L3Harris Technologies, Inc.
• Thales
• Elbit Systems Ltd
• Hexagon Ab
• Leonardo S.P.A.
• Curtiss-Wright Corporation
• Bharat Electronics Ltd
• Ultra Electronics
• Hindustan Aeronautics Ltd
• Lockheed Martin Corporation
• TT Electronics
• Siemens AG
• Cyient Limited
• Converge
• Fermionx
• Radel Advanced Technology Pvt. Ltd.
• Larsen & Toubro Limited
• Actia Group
• Other Market Players

Market Segmentation:

The defense electronics obsolescence market is segmented based on systems, application type, platform, and type. According to systems, the market is segmented into Communication System (Transponders, Transreceivers, Antennas, Transmitters, Receivers), Navigation System, (Inertial Navigation System (INS) (Altimeter, Magnetometer, Gyroscope), Global Positioning System (GPS), Navigation Computer), Human machine Interface (Navigation Display, Primary Flight Display, Multi-function Display), Targeting system (Radars (Antenna, Transmitter, Receiver, Digital Signal Processors, Power Amplifier, Duplexer), Electro-optic & Infrared (Transmitter, Receiver, Beam Expander, Optical Sensor, Detector, Signal Processor)), Electronic warfare Systems (Jammers (Transmitter, Receiver, Control Unit, Display), Sensors (Infrared Sensors, Motion Sensors, Lidar Sensors, Pressure Sensors, Radiation Sensors, Magnetic Sensors, Biometric Sensors, Humidity/Temperature Sensors, Proximity Sensors). By platform, the market is segmented into Land (Combat Vehicles, Main Battle Tanks, Infantry Fighting Vehicles, Armored Personnel Carriers, Light Armored Vehicles, Combat Support Vehicles, Armored Combat Support Vehicles, Mine-Protected Vehicles), Naval (Aircraft Carriers, Destroyers, Frigates, Corvettes, Submarines, Patrol Vessels, Mine Countermeasures Ship, Amphibious Ship), Airborne (Combat Aircraft, Transport Aircraft, Special Mission Aircraft, Combat Helicopters). By type, the market is segmented into logistics obsolescence, functional obsolescence, and technology obsolescence.

Based On The Systems, The Navigation System Segment Is A Major Contributor To The Defense Electronics Obsolescence Market.

The navigation system defense electronics obsolescence market is expected to lead with a major global market share. The advent of sophisticated navigation systems has greatly improved the quality of life behind the wheel. Saving time and easing tension, these devices direct vehicles along the most efficient routes with real-time traffic information.

The Airborne Segment Is To Witness Rapid Growth.

The airborne category is expected to have the highest market share because of the considerable risk of becoming outdated associated with the sophisticated electronics used in military aircraft. These electronics include aerial delivery systems, helmet-mounted displays (HMDs), communication systems, palletized loading systems (PLS), and radars.

The North American Defense Electronics Obsolescence Market In The Region Holds A Significant Revenue Share.

The North American defense electronics obsolescence market is expected to record the maximum market revenue share in the near future. It can be attributed to due to its innovative technology, strong industrial foundation, and large defense budget. In addition, Europe is projected to show rapid growth in the global defense electronics obsolescence market because many different types of end-user industries have a strong demand for power electronics. In addition, the region's robust automobile market will fuel even further market expansion.

Recent Developments:

• In March 2024, The Indian Ministry of Defence has entered into a contract with Hindustan Aeronautics Limited (HAL) to perform a Mid Life Upgrade (MLU) on 25 Dornier Aircraft, including the necessary equipment, for the Indian Navy. The contract is valued at Rs 2,890 crore. 

• In March 2024, Raytheon, a division of RTX, was awarded a contract to equip Germany with Patriot air and missile defence systems worth $1.2 billion. These systems will allow Germany's air defence network to receive additional Patriot missiles. 

Defense Electronics Obsolescence Market Report Scope

Segmentation of Defense Electronics Obsolescence Market-

Defense Electronics Obsolescence Market By Systems-

• Communication System
  • Transponders
  • Transreceivers
  • Antennas
  • Transmitters
  • Receivers
• Navigation System
  • Inertial Navigation System (INS)
    • Altimeter
    • Magnetometer
    • Gyroscope
  • Global Positioning System (GPS)
  • Navigation Computer
• Human machine Interface
  • Navigation Display
  • Primary Flight Display
  • Multi-function Display
• Targeting system
  • Radars
    • Antenna
    • Transmitter
    • Receiver
    • Digital Signal Processors
    • Power Amplifier
    • Duplexer
  • Electro-optic & Infrared
    • Transmitter
    • Receiver
    • Beam Expander
    • Optical Sensor
    • Detector
    • Signal Processor
  • Electronic warfare Systems
    • Jammers
      • Transmitter
      • Receiver
      • Control Unit
      • Display
    • Sensors
      • Infrared Sensors
      • Motion Sensors
      • Lidar Sensors
      • Pressure Sensors
      • Radiation Sensors
      • Magnetic Sensors
      • Biometric Sensors
      • Humidity/Temperature Sensors
      • Proximity Sensors

Defense Electronics Obsolescence Market By Platform-

• Land
  • Combat Vehicles
  • Main Battle Tanks
  • Infantry Fighting Vehicles
  • Armored Personnel Carriers
  • Light Armored Vehicles
  • Combat Support Vehicles
  • Armored Combat Support Vehicles
  • Mine-Protected Vehicles
• Naval
  • Aircraft Carriers
  • Destroyers
  • Frigates
  • Corvettes
  • Submarines
  • Patrol Vessels
  • Mine Countermeasures Ship
  • Amphibious Ship
• Airborne
  • Combat Aircraft
  • Transport Aircraft
  • Special Mission Aircraft
  • Combat Helicopters

Defense Electronics Obsolescence Market By Type-

• Logistics Obsolescence
• Functional Obsolescence
• Technology Obsolescence

Defense Electronics Obsolescence Market By Region-

North America-

• The US
• Canada
• Mexico

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Rest of Latin America

 Middle East & Africa-

• GCC Countries
• South Africa
• Rest of the Middle East and Africa