14 January 2020
With today’s ever-changing technological landscape, the defense industry is undergoing huge growth and shows no signs of stopping anytime soon. To stay ahead of the competition, key business leaders and stakeholders require the most up-to-date information to ensure long-term success. That’s why Visiongain has compiled all the relevant information into one easy-to-read defense industry report.
Below, we’ve also highlighted some of the most important changes in the industry, so let’s take a look.
A Race for Light and Medium-Weight Robotic Combat Vehicles
The United States Army recently made big waves in the defense industry by releasing a request for product proposals for light and medium-weight robotic combat vehicles. According to recent news releases, the military plans to award the contract to one company to produce for prototypes for evaluation in 2020.
The U.S. Army has placed its focus on a robotic vehicle designed on a chassis, rather than the vehicle as a whole. This is an effort to simplify the manufacturing and implementation process by using a common chassis to enable them to integrate mission systems for each weight class of vehicle.
U.S. Air Force Expanding Electronic Warfare Capabilities
The United States Air Force has begun to expand its electronic warfare capabilities in response to new security threats and developing technology. After a recent survey determined they weren’t prepared to respond to new threats on the horizon, officials were tasked with developing solutions to maintain their grip across the electromagnetic spectrum. Some of these solutions include greater cooperation across stakeholders in multiple defense agencies, developing a software-focused approach to electronic warfare, and increased education and training.
Military Satellites with Shorter Life Spans On the Horizon
Another key development and emerging trend in the defense industry is the creation of military satellites designed with shorter lifespans. Currently, military satellites have a six-year lifespan from development to orbit. However, military officials are trying to cut that number in half to create satellites that go from conception to orbit in as little as three years. To do so, officials are calling for prototype technology that can be developed and used as an architectural platform for the modernization of emerging satellites and new military technology.
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Military embedded system manufacturers are focusing on areas of innovation and technological advancement, resulting in enhanced speed and power efficiency of systems. These technological advancements include a wide variety of thermal cooling options to reduce heat emission and to keep systems functioning at peak performance levels. These factors are fuelling the growth of the military embedded systems market.
09 June 2020
Riflescopes currently are based on advanced optics and there are optics program that are working on digitalization and computerization of optics. For instance, current hunting scopes have the capability to be calibrated to specific calibres which can calculate the bullet’s arced trajectory and can be with integrated laser range finders which display the range to the target on the inside of the scope’s objective lens.
28 May 2020
The Market is estimated to be worth $1,583.1 million in 2020 and is expected to record favourable growth rates. There are more than 50,000 military aircraft in service around the globe, out of which the largest share is held by the US with around 13,000 aircraft in service .In spite of the major cuts in the defence budgets of developed economies in the past years, spending is expected to increase in the coming years owing to the rising international tensions.
11 May 2020
The global unmanned surface vehicle market was valued at US$645 million in 2019 and is expected to surpass US$2,020.8 million by 2030 (post COVID-19) while growing at a CAGR of over 11% over 2020-2030. Increasing demand for water quality monitoring and ocean data mapping along with growing need to enhance maritime security are key factors driving the growth of the global unmanned surface vehicle market.