Global Military Vetronics Market Research Report - Forecast to 2021” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2021.

The leading market players in the global military vetronics market primarily include Curtiss-Wright Corporation, Oshkosh Corporation, Ultra Electronics Ltd., TE Connectivity, SAAB A.B., Kongsberg Gruppen ASA, General Electric Company, BAE Systems plc, Rheinmetall Defence, Moog, Inc., Lockheed Martin Corporation, Elbit Systems Ltd., Thales Group, Raytheon, and General Dynamics Corporation.

Military Vetronics Market – Market Overview

Vetronics (vehicle electronics) are used in military land vehicles to enable navigation, observation, and communication. They can help in the exchange of inter-vehicular or intra-vehicular information. These systems increase warfare capabilities by facilitating the military in their intelligence, surveillance, and reconnaissance missions.

Global Military Vetronics Market is expected to grow steadily in the next few years. This growth is driven by the rising demand for advanced vetronics systems enabling enhanced performance, military modernization programs, and changing nature of warfare (technology-centric warfare) among others. Demand from major markets such as Europe and the US, along with the rising demand from emerging nations in the APAC is also expected to be a major factor for the market growth.

Over the last decade, there has been an increasing need to rapidly modernize the military systems. It includes the need to upgrade and equip the military land vehicles with optimized military equipment and vetronics. Traditionally, 'bolt-on' systems were largely used for such requirements. It however leads to added weight, reduced flexibility of the system, and power and cooling issues in the vehicles.

Military Vetronics Market – Competitive Analysis

Western vendors mainly dominate the initiatives for OSA, which has become an integral aspect of vetronics. The British Generic Vehicle Architecture and American VICTORY system is paving the path to ongoing and future OSA adoption.

The military vetronics market is highly competitive and vendors compete on the basis of cost, product quality, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality vetronics systems.

As quality, reduced SWaP and 'cost per mile' is getting more importance, offering a cost efficient solution is crucial and will be a major challenge for the vendors. While government and military authorities place strong emphasis on reducing system acquisition and operation costs, COTS is one of the ways to realize cost savings. It could also encourage and pave a way for commercial component and system suppliers to enter the market and offer military solutions. It would further increase the competition in the market.

Curtiss-Wright is one of the major vendors in the market. It provides a comprehensive range of embedded solutions, ranging from processing, subsystems, and data communication, to the most advanced fully integrated custom systems.

Military Vetronics Market – Regional Analysis

The traditional markets in the US and Europe have been extensively spending for military modernization along with the upgrades of existing military land vehicle fleets. It helps to maintain the operability of the existing land vehicles rather than replacing the entire fleet of ageing vehicles. Meanwhile, the emerging nations are also buying new land vehicles as the additional strength to their respective military forces.


For example, the US Army has upgrade programs to modernize Bradley Fighting Vehicles, convert M1A1 and M1A2 SEPV1 Abram tanks to the M1A2 SEP V2 configuration, and upgrade C4ISR equipment and systems on MRAP vehicles.

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