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The increasing complexities in modern day war techniques have resulted in a heightened requirement for Intelligence, Surveillance and Reconnaissance (ISR) activities, which has resulted in several key defense spenders to invest heavily in the research and development of ISR systems, such as thermal sights, infrared vision systems, and laser target designators. The rising demand for new sighting devices as well as infrared cameras and thermal imaging systems is therefore contributing significantly to the growth of the global military vetronics systems market.Access Report Details at: https://www.themarketreports.com/report/the-global-military-land-vehicle-electronics-vetronics-market-2018-2028
Scope:
• The Global Military Land Vehicle Electronics (Vetronics) Market, valued at US$2.3 billion in 2018, is projected to grow at a CAGR of 3.78% over the 2018-2028 period, to reach US$3.4 billion by 2028.
• The market consists of three categories: ISR Systems, Vehicle Protection Systems and C4 Systems. The market is expected to be dominated by the ISR Systems segment, which is expected to account for 52.6% of the market, followed by vehicle protection systems and C4 Systems with shares of 26.4% and 21.1%, respectively.
• The North America region is forecasted to dominate the sector with a share of 29.9%, followed by Europe and Asia Pacific with shares of 28.74% and 19%, respectively
Get this report at: https://www.themarketreports.com/report/buy-now/1229653
Reason to Buy:
• Determine prospective investment areas based on a detailed trend analysis of the global military land vehicle electronics (Vetronics) market over the next ten years
• Gain in-depth understanding about the underlying factors driving demand for different vetronics segments in the top spending countries across the world and identify the opportunities offered by each of them
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
• Identify the major channels that are driving the global vetronics market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global vetronics market
• Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top vetronics solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
Companies Mentioned
• Thales Group
• SAAB A.B.
• Elbit Systems Ltd
• Oshkosh Corporation
• General Electric Company
• Lockheed Martin Corporation
• General Dynamics Corporation
• BAE Systems PLC
• Ultra Electronics Ltd
• The Raytheon Company
• Safran
• FLIR Systems Inc.
• Uralvagonzavod
• Leonardo S.p.A.
• Honeywell
• Rheinmetall Defence
• Textron Inc.
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Contact Info:
Name: Shirish Gupta
Email: Send Email
Organization: The Market Reports
Address: SF-29, Sacred World, Wanawadi
Phone: 16314071315
Website: https://www.themarketreports.com/report/the-global-military-land-vehicle-electronics-vetronics-market-2018-2028
Release ID: 388101
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