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Global Military Vetronics Market

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Global Military Vetronics Market size is projected to be valued $9 Billion by 2024; with a CAGR of 6.4% from 2017 to 2025. Vetronics refer to vehicle electronics, which enable military units to integrate various syste – PowerPoint PPT presentation

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Title: Global Military Vetronics Market


1
Global Military Vetronics Market 2017 2025
  • Published by Accurize Market Research Pvt. Ltd.

2
Global Military Vetronics Market is Estimated to
Reach 9 Billion by 2024, Says Accurize Market
Research
  • Global military vetronics market report published
    by Accurize Market Research forecast that the
    global market is expected to reach 9 billion by
    2024 growing at a CAGR of 6.4 from 2017 to
    2025. By geography, the Asia Pacific and North
    America are expected to grow at a CAGR of XX and
    XX, respectively, during the forecast period.
  • Request Sample
  • https//www.accurizemarketresearch.com/report/mili
    tary-vetronics-market/sample-request

3
Global Military Vetronics Market is Estimated to
Reach 9 Billion by 2024, Says Accurize Market
Research
  • Increasing the transformation of the military
    along with expanding trade opportunities across
    the globe to drive the growth of the market.
  • The increasing transformation of the military
    along with expanding trade opportunities fuels
    the demand for the global military vetronics
    market.
  • Moreover, implementation of IoT big data, need
    for drones unmanned aerial vehicles for
    surveillance coupled with increasing demand for
    counter IED and armored vehicles also boosts the
    growth of the market.

4
Market Segmentation
  • The global military vetronics market has been
    bifurcated on the basis of system, type, and
    geography.
  • By system, the market is segmented into control
    data distribution systems (communications, data
    recorder, data storage, turret control and
    others), displays systems (navigation,
    observation and others), power systems, vehicle
    management systems (smoke fire protection,
    surveillance, vehicle health management and
    others) and others.
  • Request Customization
  • https//www.accurizemarketresearch.com/report/mili
    tary-vetronics-market/ask-for-customization

5
Market Segmentation
  • By geography, the market is segmented into North
    America, Europe, Asia-Pacific and Rest of the
    World (RoW).
  • The U.S., Canada, and Mexico are covered under
    North America wherein Europe covers Russia, the
    U.K., Germany, France and the Rest of Europe.
  • Asia-Pacific covers China, India, Japan and Rest
    of Asia Pacific.
  • The rest of the World (RoW) covers South America,
    the Middle East, and Africa.

6
Market Segmentation
  • Power systems and control data distribution
    systems accounted for the majority of the market
    share in the system segment", says Accurize
  • By system segment, power systems and control
    data distribution systems accounted for the
    majority of the market share in 2017.
  • By type segment, armored personnel carriers are
    expected to grow at the fastest CAGR during the
    forecast period 2017-2025, owing to its high
    speed and defense level.

7
Market Segmentation
  • North America dominated the global market with
    the highest market share over the forecast
    period", says Accurize
  • In 2017, North America accounted for the major
    market share, owing to the high assumption of the
    latest technologies and innovation of military
    information technology.
  • However, Asia Pacific is estimated to dominate
    the market with the fastest CAGR during the
    forecast period, owing to the high investment in
    the modernization of military and rising border
    conflicts.

8
Top players in the market
  • The key market players include
  • GE Intelligent Platforms,
  • Lockheed Martin Corporation,
  • General Dynamics,
  • Kongsberg Gruppen,
  • Bharat Electronics,
  • Rheinmetall Defense,
  • BAE Systems,
  • Harris Corporation,
  • Thales Group,
  • SAAB A.B., among others.

9
Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE OFFICE 306, ZEN BUSINESS CENTER,
  • WAKAD, NEAR BHUMKAR CHOWK,
  • MUMBAI BANGALORE HIGHWAY,
  • PUNE-411057
  • Email help_at_accurizemarketresearch.com
  • Contact No 1-339-368-6383
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