|
|
European Naval Sensors (EO/IR) Market AssessmentPublished by: Frost & Sullivan Published: May. 5, 2009 - 95 Pages Table of Contents
AbstractThis Frost & Sullivan research service titled European Naval Sensors (EO/IR) Market Assessment covers in-depth interviews with industry participants such as end users, original equipment manufacturers (OEMs), procurement officials and industry specialists. This research service includes positioning analysis, competitive analysis, quantification of markets and opportunities and implications for future market development. The European countries covered in this research are Sweden, Norway, Denmark, the United Kingdom, Republic of Ireland, the Netherlands, Belgium, France, Portugal, Spain, Finland, Poland, Germany, Romania, Bulgaria, Turkey, Greece and Italy.Market Overview Acquisition of New Vessels by Navies Boosts the European Naval Sensors Market The end of the cold war marked the signing of the North Atlantic Treaty Organization (NATO) by Central and East European (CEE) countries, necessitating a review on the navy’s future tasks and mission. Several navies intend to run programmes in order to procure new vessels. It is not only the western European countries that are upgrading their fleet continuously, but also CEE countries such as Poland, where the fleet is not in the best of conditions. "Entering markets in CEE countries necessitates knowledge of local regulations and specific requirements although it does not automatically ensure success," say the analysts of this research. "Consolidation is also observed in the sensor market with larger companies almost dominating the market, leaving limited space for smaller local manufacturers to supply to their home markets." However, the competitive environment is set to change over the long term, mainly due to technological advancement. Such advances will allow smaller companies to enter bids and compete for specific solutions. Bulgaria and Romania, as well as other CEE countries, will have to ensure that they are capable of fulfilling common missions within NATO. For this, their fleet will have to undergo massive upgrades, as they currently mostly use ex-Soviet equipment. The current perception of the navy’s role is inconsistent among European countries - the main challenge for the sensor industry in Europe. The present threats are perceived differently across Europe along with the role of naval forces, causing uncertainty about customer expectations. Stronger cooperation between market participants and end users could be a potential solution to this challenge. High-class navies value technology over life-cycle service. A key strategy would therefore be to establish partnerships with other suppliers. "As most of countries with such advanced navies - for instance, Italy - have a very strong industry and are keen to retain it, entering partnerships and delivering part solutions would enable entry into these markets," concludes the analyst. Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||