The report on the Global Military Vetronics Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Military vetronics implies to vehicular electronic systems fixed into special purpose vehicles used by defense organizations for security. As the name suggests military vetronics are specialized electronic systems used in military vehicles. Military uses vetronics as an imperative and efficient technology for war, national security and armory purpose. Display, GPS, advanced armory control systems, data security systems and power systems are various vetronics systems widely used in defense and military.
The reports detailed overview and analysis involves segmentation on the basis of system and type. Based on vehicle type global military vetronics market is segmented as armored personnel carriers, infantry fighting vehicles, unmanned ground vehicles, light protected vehicles and armored amphibious vehicles. This market is further segmented on the basis of system into power systems, display systems, vehicle management systems, control and data distribution systems and other vetronics systems.
Increasing terror attacks and formation of fatal and threatening terror organization significantly propels the growth of global military vetronics market. Adoption of advanced vetronics from defense and military organizations for national security and war like conditions is another factor which augments the growth of this market. Government initiatives and collaborations by India with friendly nations regarding national security and import of advanced armory systems is further expected to open key opportunities for this market.
Asia Pacific is geographically the leading region of military vetronics market. Penetration of terrorists from enemy nations in India and disputes between India and Pakistan highly facilitate the growth of this market in Asia pacific region. Moreover, research and development in China and Japan for modern weaponry and vehicle electronics further supports the growth of Asia pacific. Followed by Asia pacific, Europe and North America are other prominent regions of this market. Latin America and MEA are emerging regions expected to show steady market growth.
Major companies in the global military vetronics market are:
- Lockheed Martin Corporation
- Elbit Systems Ltd.
- Thales Group
- The Raytheon Company
- General Dynamics Corporation
- Curtiss-Wright Corporation
- Oshkosh Corporation
- Ultra Electronics Ltd.
- TE Connectivity
- SAAB A.B.
- Kongsberg Gruppen ASA
- General Electric Company
- BAE Systems plc
- Rheinmetall Defence
- Moog Inc.
SEGMENTATIONS IN REPORT:
Military Vetronics Market By System
- Control and Data Distribution Systems
- Display Systems
- Power Systems
- Vehicle Management Systems
- Other Vetronics Systems
Military Vetronics Market By Vehicle Type
- Light Protected Vehicles
- Infantry Fighting Vehicles
- Armored Personnel Carriers
- Unmanned Ground Vehicles
- Armored Amphibious Vehicles
Military Vetronics By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Military Vetronics Market has been exhibited in detail in the following chapters -
Chapter 1 Military Vetronics Market Preface
Chapter 2 Executive Summary
Chapter 3 Military Vetronics Industry Analysis
Chapter 4 Military Vetronics Market Value Chain Analysis
Chapter 5 Military Vetronics Market Analysis By System
Chapter 6 Military Vetronics Market Analysis By Vehicle Type
Chapter 7 Military Vetronics Market Analysis By Geography
Chapter 8 Competitive Landscape Of Military Vetronics Companies
Chapter 9 Company Profiles Of Military Vetronics Industry