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Global Military Vetronics Market 2017-2021

Global Military Vetronics Market 2017-2021

About Military Vetronics

A vital component of a nation's arsenal is its fleet of military ground vehicles that comprise all land combat and transportation vehicles. These are deployed by the ground forces for a wide range of operations, including active combat missions, transportation of cargo, equipment, ammunition, and military personnel. These ground vehicles are currently used in large numbers by military forces around the world. Nations have been investing significantly in the development and procurement of advanced variants of these vehicles.

Technavio’s analysts forecast the global military vetronics market to grow at a CAGR of 3.78% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global military vetronics market 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Military Vetronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Curtiss-Wright
  • Elbit Systems
  • General Dynamics
  • Saab
  • Thales
Other prominent vendors
  • Harris
  • Moog
  • Rheinmetall
  • TE Connectivity
Market driver
  • Evolving military operations demand advanced vetronics systems
  • For a full, detailed list, view our report
Market challenge
  • Requirement for advanced cooling technologies in modern vetronics systems
  • For a full, detailed list, view our report
Market trend
  • Development of advanced vetronics for next-generation military vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Military Vetronics Market 2017-2021

Technavio recognizes the following companies as the key players in the global military vetronics market: Curtiss-Wright, Elbit Systems, General Dynamics, Saab, and Thales.

Other Prominent Vendors in the market are: Harris, Moog, Rheinmetall, and TE Connectivity.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of advanced vetronics for next-generation military vehicles. Military vehicles use large volumes of fuel and other energy sources, causing high levels of pollution that adversely affects the environment. Therefore, it is becoming essential to monitor and maintain a check on fuel emissions in compliance with the environmental guidelines. There are five major renewable resources for energy. Wind, geothermal, and solar are not practical alternatives for military vehicles. The other two cost-effective alternatives are biofuel and hydropower. These alternatives will require military vehicles to be either electric or hybrid versions.”

According to the report, one of the major drivers for this market is Evolving military operations demand advanced vetronics systems. The mission requirements for the military are constantly evolving. Innovative ISR technologies, HD video streaming, high-bandwidth networking hardware, and advanced threat detection sensors are some of the new requirements that armed forces across the world are integrating into their ground vehicles. This gives rise to the need for advanced vetronics systems that can handle new hardware and software upgrades. The high data-exchange rates that are provided by using open COTS architectures generate complex signal-integrity issues at all levels of the system, including the processor chips.

Further, the report states that one of the major factors hindering the growth of this market is Requirement for advanced cooling technologies in modern vetronics systems. Military ground vehicles are integrated with various vetronics systems to handle various mission systems, weapon systems, command and control systems, ISR systems, power management systems, and other functionalities in vehicles. The traditional embedded computing platforms that process these functionalities generate a lot of heat during operations and must be maintained at an optimum temperature to ensure lag-free operations. Developing an efficient cooling system technology has always been a challenge. Traditional cooling fans have many inefficiencies and are not preferred by the military for installation in ground vehicles. Mechanical fans compromise on stealth due to their excessive noise and require maintenance since they are prone to mechanical failure.

Companies Mentioned

Curtiss-Wright, Elbit Systems, General Dynamics, Saab, Thales, Harris, Moog, Rheinmetall, and TE Connectivity.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of military ground vehicles
      • Table Aspects of vetronics systems
  • Market landscape
    • Market overview
      • Table Global military vetronics market segmentation
      • Table Global military vetronics market 2016-2021 ($ billions)
    • Key buying criteria
      • Table Key buying criteria of vetronics systems
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by platform type
    • Market overview
      • Table Global military vetronics market share by platform type 2016 and 2021 (%)
      • Table Global military vetronics market segmentation by platform type 2016-2021 ($billions)
    • Global tank and fighting vehicle vetronics market
      • Table Global tank and fighting vehicle vetronics market 2016-2021 ($ billions)
    • Global APC vetronics market
      • Table Global APC vetronics market 2016-2021 ($ billions)
    • Global UGV vetronics market
      • Table Global UGV vetronics market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global military vetronics market share by geography 2016 and 2021 (%)
      • Table Global military vetronics market segmentation by geography 2016-2021 ($ billions)
    • Military vetronics market in EMEA
      • Table Military vetronics market in EMEA 2016-2021 ($ billions)
    • Military vetronics market in Americas
      • Table Military vetronics market in Americas 2016-2021 ($ billions)
    • Military vetronics market in APAC
      • Table Military vetronics market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Development of advanced vetronics for nextgeneration military vehicles
    • Interoperability in vetronics to reduce SWaP-C
    • Vetronics systems for network-centric warfare
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors in military vetronics market
    • Curtiss-Wright
      • Table Curtiss-Wright: Business segmentation by revenue 2016 (%)
      • Table Curtiss-Wright: Key products
    • Elbit Systems
      • Table Elbit Systems: Business segmentation by revenue 2016 (%)
      • Table Elbit Systems: Key products
    • General Dynamics
      • Table General Dynamics: Business segmentation by revenue 2016 (%)
      • Table General Dynamics: Key products
    • Saab
      • Table Saab: Geographical segmentation by revenue 2016 (%)
      • Table Saab: Key products
    • Thales
      • Table Thales: Business segmentation by revenue 2016 (%)
      • Table Thales: Key products
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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