Military Vetronics - Changing Military Operational Techniques and Advancing Asymmetric Warfare

The global military vetronics market is principally driven by the changing military operational techniques and advancing asymmetric warfare. Following the mounting demand for real time data in military combat in order to improve operational efficiency of the vehicles, the market for vetronics is expected to grow significantly over the forecast period globally. In addition, the initiatives undertaken for reduction of size, weight and power consumption (SWaP) of electronics within the military vehicles in order to increase internal space for solider accommodation and ammunition reserves is also driving the growth of the market for vetronics. The military vehicle modernization initiatives adopted by governments across the world are also estimated to currently boost the demand for both forward-fit and retrofit vetronics market. Moreover, the increasing investment in the defense sector, especially by the countries in Asia Pacific region is currently fuelling the growth of the military vetronics market. This trend in Asia Pacific market also offers future opportunities for vetronics manufacturers over the forecast period.

Military Vetronics Market Details:
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Coupled with the adoption of advancing technologies and transforming military operations, the military vetronics market is currently experiencing a surge globally. Based on segmentation by systems, the global military vetronics market has been categorized into control and data distribution system, display systems, power systems, vehicle management systems and others. Stimulated by the increasing need for operability of military vehicles under harsh environmental conditions, the demand for rugged vetronics in the modern and retrofit vehicles is estimated to be growing at a rapid pace globally.

The escalating threats from insurgencies and growing geopolitical conflicts among nations currently boost the need for enhanced vetronics systems...