Stealth Warfare Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies

The Stealth Warfare Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Stealth Warfare Global Market Report 2024, The stealth warfare market size has grown rapidly in recent years. It will grow from $11.13 billion in 2023 to $12.36 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. 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 $18.33 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. 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.

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.

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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

Technological advancement is a key trend gaining popularity in the stealth warfare market. Major companies operating in the stealth warfare market are using new technologies such as long-range infrared sensing and stealth glass technology for the best results during stealth warfare. For instance, in March 2022, Rostec, a Russian-based state-owned defense conglomerate operating in the stealth warfare market, launched stealth glass technology that improves aircraft cockpit glazing by 20% and also reduces the radar visibility of military aircraft. This stealth glass has special properties due to thin films of metal and metal oxides, and the engineering and design solutions improve the coating applied to the aircraft.

The stealth warfare market report table of contents includes: