Military Aircraft Collision Avoidance Systems market was valued at $1.01 billion in 2026, reaching $1.38 billion by 2030 at a CAGR of 8.2%. Key players: RTX, Lockheed Martin, Boeing.
MEXAS composite armor market was valued at $2.09 billion in 2026, projected to reach $2.76 billion by 2030 at 7.2% CAGR. Key players: Rheinmetall, MEXAS, DuPont, TenCate Advanced Armour.
Loitering Munitions market was valued at $2.51 billion in 2026, projected to reach $4.39 billion by 2030 at a CAGR of 15.0%. Key players: RTX, AVIC, CASC, L3Harris, Thales, Leonardo.
Military Defense Semiconductor market to reach $19.05 billion by 2030 at 11.0% CAGR, driven by rising global defense expenditure and military modernization initiatives.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.