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the global PXI SMU Market size is expected to grow from an estimated USD 124 million in 2019 to USD 267 million by 2024, at a CAGR of 16.5%, during the forecast period. Increasing demand for reliability tests for complex semiconductors and batteries to complement the expanding IoT devices is driving the PXI SMU industry growth.

FBG Fiber Optic Sensor Array & Cable Manufacturer | AtGrating fiber array

Antisubmarine warfare equipment is constantly getting better, and ASW forces are consistently getting more powerful. Although ASW operations have generally been focused on protecting surface ships' maritime lines of communication from submarine attack, they might be turned toward the detection, tracking, and destruction of strategic missile-carrying submarines. Thanks to COTS technology, the sonar can be swiftly and easily connected with sensors and battle management systems. The main features are enhanced tracking and detection, omni and sector transmission, electronic map overlay, sound propagation model, enhanced tracking, and an integrated training simulator.

Global Air and Missile Defense Market trend is set to soar over the next decade, with regional trends and forecasts indicating an unprecedented Air and Missile Defense Market growth trajectory. Economic drivers such as military modernization programs and rising geopolitical tensions are expected to drive the market's expansion. Additionally, technological advancements in air defense systems, such as improved sensor technologies and integrated command & control centers, promise additional gains for this burgeoning industry.