Introduction
According to Stratview Research, the Military aerospace and defense lifecycle management market size was USD 10.88 billion in 2024 and is expected to reach USD 11.9 billion in 2025 to USD 21.9 billion in 2032, witnessing a market growth (CAGR) of 9.1% during the forecast period of 2025-2032. Lifecycle management encompasses the full span of defense platform operations—from initial design and manufacture to deployment, maintenance, and eventual retirement—ensuring mission readiness, cost efficiency, and streamlined risk management.

Applications
Lifecycle management solutions in defense are broadly categorized into two segments:

• Product Lifecycle Management (PLM): Used during the design and development phases to manage digital engineering, configuration, and system design.
• Service Lifecycle Management (SLM): Focused on in-service support such as predictive maintenance, repair, overhaul, and performance analytics.

These capabilities enable aerospace manufacturers, military operators, and MRO (Maintenance, Repair and Overhaul) providers to ensure high uptime, maintain fleet availability, and extend platform lifecycle.

Key Drivers
Several factors are accelerating demand:

• Rising complexity of modern defense systems, including stealth aircraft, UAVs, and advanced sensors, requires robust digital oversight.
• Increased defense spending and modernization efforts, particularly in regions like Asia-Pacific, where national air forces are expanding and updating fleets.
• Adoption of predictive maintenance technologies, powered by AI, IoT, and digital twin systems to forecast failures and reduce unplanned downtime.
• Longer asset life cycles in capital-intensive military platforms, making lifecycle cost management a strategic priority.

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Future Opportunities
The market presents several growth vectors:

• Accelerated deployment of AI-driven SLM tools to exploit operational data and improve maintenance cycles.
• Digital twin integration to simulate component behavior, mission scenarios, and future upgrades.
• Expanded use in unmanned platforms and next-gen systems such as hypersonic vehicles, where lifecycle visibility is critical.
• Asia-Pacific expansion, driven by defense modernization in countries such as India, China, South Korea, and Australia.

Conclusion
The military aerospace and defense lifecycle management market is evolving rapidly, transforming how defense assets are designed, maintained, and retired. Stakeholders that provide intelligent, integrated lifecycle tools—enabling strategic decision-making and predictive support—are poised to capture rising demand. In a world where readiness and sustainability are increasingly interlinked, lifecycle management is becoming a central pillar of defense innovation and operational effectiveness.