Global Military Vetronics Market 2015-2019

Global Military Vetronics Market 2015-2019

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USA – CANADA – UK – CHINA – INDIA


The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Military Vetronics Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The market has grown significantly because of military land vehicle modernization programs in many countries, and the subsequent demand for advanced vetronics. Also, there is a growing need for SWaP reduction in military land vehicles to improve the operability of land vehicle fleet. The growing utilization of COTS components and systems is a positive development as they are more cost-effective to implement than some of the custom-tailored OEM products and solutions.”

• Vetronics (vehicle electronics) are used in military land vehicles for navigation, observation, and communication. They help in inter-vehicular or intra-vehicular communications. These systems increase warfare capabilities by enhancing the military’s capabilities with regard to intelligence, surveillance, and reconnaissance.

• Technavio's analysts forecast the global military vetronics market to grow at a CAGR of 6.34% during the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:



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Vendors

To understand the vendor landscape and for a full list of vendors view our report:


Curtiss-Wright

Kongsberg Gruppen

Rheinmetall

Curtiss-Wright was founded in 1929, and is headquartered in Charlotte, North Carolina, US. It is one of the world's leading manufacturers of highly engineered and critical-function products, such as electronic motor control systems, power management systems, electronic throttle control devices, and sensors.

Kongsberg Gruppen was established in 1814, and is headquartered in Kongsberg, Norway. The company, along with its subsidiaries, provides systems and solutions to customers in the oil and gas, merchant marine, and defense and aerospace industries.

Rheinmetall was founded in 1889, and is headquartered in Düsseldorf, Germany. It designs, develops, manufactures, and markets a wide range of automotive components and defense equipment.





Market Landscape

• The market is expected to grow at a steady rate in the next five years, driven by rising demand for advanced vetronics systems that enhance the performance of military modernization programs.

• Demand from major markets, such as Europe and the US, and also from the emerging nations in APAC is expected to contribute to market growth.

• The US and Europe are spending on military modernization, upgrading their

existing military land vehicle fleet.

• The maintenance and operability of existing land vehicles is more cost-effective to the defense sector than replacing an entire fleet of aging vehicles.


Key Buying CriteriaGuest Bloggers

Parameters Details

Cost The costs of acquisition and operation of vetronics should be reasonable.

TechnologyTechnologically advanced vetronics should provide enhanced performance and reliability, reduce SWaP, and enhance C4ISR capabilities.

Interoperability Customers look for increased interoperability in vetronics systems, from command and control to sensor processing payloads.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Military Vetronics Market 2015-2019