Market Synopsis of Global Military Vetronics
The Global Military Vetronics Market is expected to grow at a CAGR of around 7% during 2016-2021. The key factors driving the growth are modernization of military ground vehicles, low cost per mile military ground vehicle to reduce ownership cost, reduction of weight, size, and power consumption (SWaP) of electronics in military vehicles to expand internal space for accommodation and ammunition reserves.
As per the MRFR analysis, cooling technologies within military land vehicles, challenges with SBC computing capability, and limited on-vehicle network scope are the key factors restraining the market growth.
C3 systems demand is highest in North America and Europe, owing to growth in demand for military land vehicles systems with next generation vetronics systems. Also in APAC, rise in demand of technologically advanced military land vehicles and rise in defense spending in India and China is one of the major factors driving the market.
Some of the key players in the Global Military Vetronics Market are :
Study Objectives of Global Military Vetronics Market
Access the market data and information presented through over 60 tables and figures spread 103 pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Military Vetronics Market Information- Forecast from 2016 to 2021“
Regional and Country Analysis of Global Military Vetronics Market
As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to reach $XX billion. Whereas, APAC, and Americas will is expected to grow at CAGR of around 11% and 5% during the forecast period.
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The report also covers country level analysis:
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