“Visiongain Report: Global Military Land Vehicle Electronics (Vetronics) Market To Be Worth $3,364million In 2016”

05 September 2016
Defence

Visiongain’s 318 page 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, Visiongain’s 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.”

The 318 page report contains 365 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the military vetronics market. Visiongain provides a range of forecasts for the period 2016-2026, as well as for 5 submarket sectors: Vehicle Sensors, Remote Weapons Stations (RWS), Computers, Power & Control Systems, Vehicle Protection Systems and Command, Control & Communications Systems (C3).

In addition, 15 leading national markets are forecast and analysed by visiongain over the period 2016-2026, while the ‘Rest of the World’ market includes unprecedented qualitative analysis of other national markets. The report also provides profiles of 14 leading companies operating within the market.

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 will be of impressive value to current, and future, investors into the Military Land Vehicle Electronics (Vetronics) industry, as well as to companies and research centres who wish to broaden their knowledge of the Military Land Vehicle Electronics (Vetronics) market. It has been formulated to respond to industry figure’s need for market data.

For further information concerning visiongain’s 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 please visit http://www.visiongain.com/Sector/9/Defence

Contact Sara Peerun on sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

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