In 2022, the market was valued at a substantial US$ 82.1 billion, and it’s expected to soar even higher. With a projected CAGR of 3.8% from 2023 to 2031, the market is on track to reach an impressive US$ 114.4 billion by the end of 2031.

This video dives deep into the factors driving this growth, from advancements in defense technology to the increasing need for security across nations. Discover the key trends, market leaders, and opportunities shaping the airborne weapon system landscape.