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Saturday, Oct 1, 2016


Global Military Land Vehicle Electronics Market Forecast

This 318 page, now available on ASDReports, Military Land Vehicle Electronics (Vetronics) Market Report 2016-2026: Forecasts for Remote Weapons Stations (RWS), Command, Control & Communications (C3) (Radios, SATCOM, Battlefield Management & Networking Systems) Sensors (Electro Optical Infrared (EO/IR) Cameras, Night Vision, Thermal, Gunshot Detection, IED Detection, Weather Sensors), Computers Power & Control Systems (CPUs, GPUs, Network Interfaces, Power Conversion & Cabling), Vehicle Protection Systems (RCIED Jammer, Vehicle Launched IR & Obscurant Countermeasures, Fire Control Systems) report indicates that the Vetronics market is set to reach $3,364m in 2016., resulting from several major contracts in Australia, France and Russia and continuing armoured fleet modernisation in China and India.    

Theo Howard, Defence Analyst and the author of the Military Land Vehicle Electronics (Vetronics) Market Report 2016-2026: Forecasts for Remote Weapons Stations (RWS), Command, Control & Communications (C3) (Radios, SATCOM, Battlefield Management & Networking Systems) Sensors (Electro Optical Infrared (EO/IR) Cameras, Night Vision, Thermal, Gunshot Detection, IED Detection, Weather Sensors), Computers Power & Control Systems (CPUs, GPUs, Network Interfaces, Power Conversion & Cabling), Vehicle Protection Systems (RCIED Jammer, Vehicle Launched IR & Obscurant Countermeasures, Fire Control Systems)report commented that:

“The rapid development of Information Technology has radically changed several aspects of warfighting. A definitive trend in military doctrine across the world is the migration of C4ISR systems to tactical ground vehicles, which inevitably leads to a greater demand for resilient vehicle electronics.

The global Military Land Vehicle Electronics market grew markedly during ground troop deployments to Iraq and Afghanistan. In the period from 2013 onwards however the reduction of the US’s global footprint and the drawing down of these operations has led to a significant restraint on the global vetronics market. This trend will reverse in 2017. Two notable exceptions to the trend are France and Australia, who are already involved in major modernisation programs over a long period of time. Both the Scorpion and the LAND 400 programmes involve the procurement of replacement Military Ground Vehicle systems for the two countries. Both these programmes heavily emphasise advancements in military land vetronics. Therefore in the area of submarkets, it is C3, sensors, and computer, power and control systems that are intended to experience significant growth during the period, while the remote weapon stations and vehicle protection systems remain more level. The major growth in the market in Australia, China and France will not fully compensate for the slight slackening this year, but as the Rest of the World market continues to perform strongly throughout the period and American defence spending picks up again after 2017, it is expected the global market size will surpass 2014 levels from 2017 onwards.”

Read more on ASDReports or Download Report Information

Source : ASDReports - Market Research - view original press release

Published on ASDNews: Jul 12, 2016

 

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