Military vetronics is an electronic system integrated in military vehicles for streamlining vehicle activities. Communications, navigation, surveillance and vehicle health management are some of the prominent applications of military vetronics.
Military Vetronics Market contains market size and forecasts of Military Vetronics in global, including the following market information:
- Global Military Vetronics Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Military Vetronics Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Military Vetronics companies in 2021 (%)
The global Military Vetronics market was valued at 4397.3 million in 2021 and is projected to reach US$ 5477.1 million by 2028, at a CAGR of 3.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Control and Data Distribution Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Military Vetronics include BAE Systems, Curtiss-Wright Corporation, Elbit Systems, General Dynamics Corporation, Kongsberg Gruppen ASA, Lockheed Martin Corporation, Moog, Oshkosh Corporation and Rheinmetall Defence, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military Vetronics manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Vetronics Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Military Vetronics Market Segment Percentages, by Type, 2021 (%)
- Control and Data Distribution Systems
- Display Systems
- Power Systems
- Vehicle Management Systems
- Other Vetronics Systems
Global Military Vetronics Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Military Vetronics Market Segment Percentages, by Application, 2021 (%)
- Light Protected Vehicles
- Infantry Fighting Vehicles
- Armored Personnel Carriers
- Unmanned Ground Vehicles
- Others
Global Military Vetronics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Military Vetronics Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Military Vetronics revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Military Vetronics revenues share in global market, 2021 (%)
- Key companies Military Vetronics sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Military Vetronics sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BAE Systems
- Curtiss-Wright Corporation
- Elbit Systems
- General Dynamics Corporation
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Moog
- Oshkosh Corporation
- Rheinmetall Defence
- Saab
- TE Connectivity
- Thales Group
- The Raytheon Company
- Ultra Electronics
Industry Market Size
