Military Vetronics Market

Military Vetronics Market Research Report By
Forecast To 2021
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2021
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Military Vetronics Market Research Report - Forecast to 2021
Global Military Vetronics Market by Vehicle Type (Light Protected Vehicles, Unmanned Ground Vehicles,
Armored Amphibious Vehicles, and Special Purpose Vehicles), by System (Communication, Navigation, C3
Systems, and Power Systems) and by Region - Forecast To 2021
The Global Military Vetronics Market is expected to grow at a CAGR of around 7% during 2016-2021. The key factors driving
the growth are modernization of military ground vehicles, low cost per mile military ground vehicle to reduce ownership
cost, reduction of weight, size, and power consumption (SWaP) of electronics in military vehicles to expand internal space
for accommodation and ammunition reserves.
As per the MRFR analysis, cooling technologies within military land vehicles, challenges with SBC computing capability, and
limited on-vehicle network scope are the key factors restraining the market growth.
C3 systems demand is highest in North America and Europe, owing to growth in demand for military land vehicles systems
with next generation vetronics systems. Also in APAC, rise in demand of technologically advanced military land vehicles and
rise in defense spending in India and China is one of the major factors driving the market.
Some of the key players in the Global Military Vetronics Market are 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., Lockheed Martin Corporation, Elbit Systems Ltd., Thales Group, The Raytheon Company
and General Dynamics Corporation.
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Military Vetronics Market Research Report - Forecast to 2021
Industry/ Innovation/ Related News:
February, 2018 – America’s armed forces joined hand with Rheinmetall Defence for US $3 million contract agreement.
July, 2016 – Oshkosh Corporation chosen Telephonics NetCom vetronics communications system for the Joint Light Tactical
Vehicle (JLTV) program.
March, 2015 – General Electric, provided rugged embedded computing systems for British Army Scout armoured vehicle
vetronics.
Target Audience
• Military Vetronics OEMs
• Systems Suppliers
• Component Suppliers
• Aftermarket suppliers /MROs
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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Military Vetronics Market Research Report - Forecast to 2021
Global Military Vetronics Market ($ billion), 2016-2021
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Military Vetronics Market Research Report - Forecast to 2021
Military Vetronics Market – Segments
The Global military vetronics market is segmented in to 3 key dynamics for the convenience of the report and enhanced
understanding;
Segmentation by Vehicle Type : Comprises Light Protected Vehicles, Unmanned Ground Vehicles, Armoured Amphibious
Vehicles, and Special Purpose Vehicles
Segmentation by System : Comprises Communication, Navigation, C3 Systems and Power Systems
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Military Vetronics Market: Regional Analysis
Europe market is dominating the market of global military vetronics market due to largest military base. The market in the
developing countries is largely driven by economic growth and ongoing industrialization, which helps in growth of vetronics
market.
Asia-Pacific is referred to as the second-largest military vetronics market due to growing R&D expenditure in developing
economies such as China and India, which are driving the market for vetronics.
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Global Military Vetronics Market by Vehicle Type (Light Protected Vehicles, Unmanned Ground Vehicles, Armored Amphibious Vehicles, and Special Purpose Vehicles), by System (Communication, Navigation, C3 Systems, and Power Systems) and by Region - Forecast To 2021

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