Visiongain has published a new report on Vetronics Market Report to 2031: Forecasts by Application (Defense and Homeland Security), By Vehicle Type (Main Battle Tank, Light Protected Vehicles, Mine resistant ambush protected, Infantry Fighting Vehicle, and Others), By Subsystem (Communication & Navigation, Observation and Display Systems, C3 Systems, Weapon Control Systems, Sensor & Control Systems, and Power Systems). PLUS, Profiles of Leading Vetronics Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
COVID-19 Impact on Vetronics Market
The COVID-19 pandemic has impacted lives of people all around the globe. It has proved quite detrimental for business across the globe and no industry and remained untouched by its impacts. This pandemic has caused a serious disruption in the supply chain and has resulted in a huge supply-demand gap in the market for vetronics worldwide
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How the Vetronics Market report helps you
In summary, our 500+ page report provides you with the following knowledge:
- Revenue forecasts to 2031 for Vetronics Market, with forecasts for Application, Vehicle Type, and Subsystem, each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues
- Revenue forecasts to 2031 for 5 regional and 16 key national markets – See forecasts for the Vetronics market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Vetronics Market.
Some of the companies profiled in the report include Harris Corporation, Thales Group, Saab Group, Lockheed Martin Corporation, General Dynamics Corporation, Raytheon Company, Curtiss-Wright Corporation, Leonardo-Finmeccanica S.P.A, Rheinmetall AG, and BAE Systems PLC.
- In July 2019, Belgium signed agreement with Thales for onboard intelligence and future data capabilities of its land forces
- In November 2018, the U.S. Army announced $14.4 million contract with General Dynamics Ordnance and Tactical Systems to build Ground Mobility Vehicles and kits.
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Upgradation of Countries to Network-Centric Warfare
Rising investments for the development of ultra-powerful radars and other communication systems by the major industry players is expected to raise the requirement to upgrade existing communication systems. This is expected to drive the growth of global vetronics market.
Shift Towards Cots Enables Improved Swap Specification
Growing focus towards COTS enabled improved SWaP specifications by the military forces are expected to drive the vetronics market over the forecast period.
Development of Vetronics Systems Which are Compatible with Hybrid Engines
The development of Vetronics systems which are compatible with hybrid engines is on the rise. For instance, in May 2019, the USAF had discussions with the major satellite operators to produce a hybrid vetronics architecture. This architecture is expected to enable the armed forces to easily switch the networks between commercial and military satellites, which will improve the connectivity, and reduce the likelihood of cyber-attacks.
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