Overview and Scope
Stealth warfare refers to warfare products developed by stealth technology, which is a military technology that reduces the distance at which a person or vehicle can be detected. The stealth warfare is used to make vehicles or missiles with military technology that are used in aircraft.
Sizing and Forecast
The stealth warfare market size has grown rapidly in recent years. It will grow from <b>$11.13 billion in 2023 to $12.36 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. </b> The growth in the historic period can be attributed to rising defense budgets, global conflicts, tactical surprise, military modernization, growth in demand for unmanned aerial vehicles (uavs).
The stealth warfare market size is expected to see rapid growth in the next few years. It will grow to <b>$18.33 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. </b> The growth in the forecast period can be attributed to evolution of radar and detection systems, interoperability and network-centric warfare, maritime stealth, ai and autonomous systems, public awareness and transparency.. Major trends in the forecast period include advanced materials and coatings, hypersonic technology, multi-domain stealth, directed energy weapons (dew),submarine stealth.
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Segmentation & Regional Insights
The stealth warfare market covered in this report is segmented –
1) By Equipment: Radar, Infrared Search And Track (IRST) System, Acoustic Signature
2) By Material: Non-Metallic Airframe, Radar Absorbing Material
3) By Application: Air Force, Navy, Army
<b>North America</b> was the largest region in the stealth wealth market share in 2023. Rest of the world is expected to be the fastest-growing region in the forecast period. The regions covered in the stealth warfare market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing year-on-year military expenditure is expected to propel the growth of the stealth warfare market going forward. Military expenditure refers to the total expenditure spent by the central government of a country on the armed forces, which includes the army, navy, and air force for peacekeeping. Stealth warfare is technology that is helpful for the near detection of persons or vehicles that are used in warfare. As a result, military expenditure increases the demand for military technology such as stealth warfare technology. For instance, according to the Stockholm International Peace Research Institute, a Sweden-based independent resource on global security, total global military expenditure increased by 0.7% and reached $2113 billion in 2021. Therefore, the increasing year-on-year military expenditure is driving the growth of the stealth warfare market.
Key Industry Players
Major companies operating in the stealth warfare market include <b> Lockheed Martin Corporation, BAE Systems LLC, Northrop Grumman Corporation, Saab AB, Boeing Airplane & Transport Corporation, General Dynamics Corporation, Raytheon Company, Leonardo S.p.A, Thales Group, Chengdu Aircraft Corporation, Israel Aerospace Industries Ltd., L3Harris Technologies Inc., WebHumanResource, Infor Inc., Kronos Incorporated, The Sage Group plc., GhostTech Innovations Inc., ShadowArmor Systems, SilentStrike Defense, StealthCom Technologies, Infiltrix Solutions, CamoCraft Technologies, SpecterShield Industries, PhantomEdge Defense, VoidForce Technologies, Obsidian Defense Systems, WhisperWing Corporation, StealthGuard Dynamics, CovertCamo Technologies, Nightshade Systems </b>
The stealth warfare market report table of contents includes:
1. Executive Summary
2. Stealth Warfare Market Characteristics
3. Stealth Warfare Market Trends And Strategies
4. Stealth Warfare Market – Macro Economic Scenario
5. Global Stealth Warfare Market Size and Growth
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26. South America Stealth Warfare Market
27. Brazil Stealth Warfare Market
28. Middle East Stealth Warfare Market
29. Africa Stealth Warfare Market
30. Stealth Warfare Market Competitive Landscape And Company Profiles
Top Major Players:
- Lockheed Martin Corporation
- BAE Systems LLC
- Northrop Grumman Corporation
- Saab AB
- Boeing Airplane & Transport Corporation
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