EUROPE VETRONICS MARKET 2022-2028

Description

EUROPE VETRONICS MARKET OUTLOOK

As per the research report, the Europe vetronics market is expected to project a CAGR of 5.67% during the forecast period 2022-2028. Countries such as Spain, France, Poland, Germany, Italy, United Kingdom, Greece, and Rest of Europe are considered in the market in this region.

In Germany, BAAINBw awarded a contract to General Dynamics European Land Systems in 2020 to provide 80 highly protected EAGLE 6×6 vehicles. These vehicles had the most recent integrated electronics for the German army’s ambulance corps. Initial car deliveries were started in 2021 and would continue through 2024.

Additionally, the “mittleres geschütztes Ambulanzfahrzeug” initiative, which would fill the gap between the user’s fleet of light and heavy ambulance vehicles, resulted in the selection of the EAGLE after a competitive tender process. The integration of technology in the country’s armed vehicles along with addition of new vehicles drive the country’s market growth.

The Polish Armed Forces intend to drastically expand their operational and combat capabilities by installing new weapon systems and modernizing those already in use. Over the past few years, the country’s armed forces have prioritized modernizing their fleet of 142 LEOPARD 2A4 Main Battle Tanks (MBTs) to 2PL requirements.

Additionally, a coalition has been created by ZM Bumar-Abdy and several other companies to manage the project. German firm Rheinmetall Landsysteme is a strategic partner in this coalition project. Such expansions will help strengthen the nation’s security in an increasingly hostile international situation, thereby boosting the country’s market growth.

COMPETITIVE OUTLOOK

The strategic players in the vetronics market include BAE Systems, General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies, and Leonardo S.p.A.

TABLE OF CONTENTS

1. EUROPE VETRONICS MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE VETRONICS MARKET
2.2. KEY INSIGHTS
2.2.1. GROWING INVESTMENTS IN HYBRID MILITARY VEHICLES
2.2.2. RISING MILITARY LAND-VEHICLE INVENTORY
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. INDUSTRY COMPONENTS
2.6.1. COMPONENT PROVIDERS
2.6.2. SYSTEM MANUFACTURERS/OEMs
2.6.3. DISTRIBUTION CHANNELS
2.6.4. END-USERS
2.6.5. AFTERMARKET SERVICES
2.7. KEY MARKET STRATEGY
2.7.1. ACQUISITIONS
2.8. MARKET DRIVERS
2.8.1. OPEN ARCHITECTURE OF VETRONICS SYSTEMS
2.8.2. ONGOING MILITARY MODERNIZATION OF LAND-BASED VEHICLE INVENTORY
2.8.3. ADVANCEMENTS IN BATTLEFIELD TECHNOLOGY
2.9. MARKET CHALLENGES
2.9.1. CUT-OFFS IN DEFENSE BUDGET
2.9.2. RISING COST OF RAW MATERIALS
2.9.3. USABILITY REGULATIONS
2.10. MARKET OPPORTUNITY
2.10.1. INVESTMENTS IN RESEARCH & DEVELOPMENT
3. EUROPE VETRONICS MARKET OUTLOOK – LAND-BASED FLEET TYPE
3.1. TANKS
3.2. ARMORED VEHICLES
3.3. ARTILLERY
3.4. ROCKET PROJECTORS
4. EUROPE VETRONICS MARKET OUTLOOK – BY COMPONENT
4.1. ELECTRONIC WARFARE & C4 SYSTEMS
4.2. NAVIGATION SYSTEMS
4.3. POWER SYSTEMS
4.4. VEHICLE PROTECTION SYSTEMS
5. EUROPE VETRONICS MARKET OUTLOOK – BY VERTICAL
5.1. DEFENSE
5.2. HOMELAND SECURITY
6. EUROPE VETRONICS MARKET – COUNTRY OUTLOOK
6.1. UNITED KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. POLAND
6.7. GREECE
6.8. REST OF EUROPE
7. COMPETITIVE LANDSCAPE
7.1. CURTISS-WRIGHT
7.2. BAE SYSTEMS
7.3. THALES GROUP
7.4. GENERAL DYNAMICS CORPORATION
7.5. LOCKHEED MARTIN CORPORATION
7.6. RHEINMETALL AG
7.7. RAYTHEON TECHNOLOGIES
7.8. L3HARRIS TECHNOLOGIES
7.9. SAAB AB
7.10. LEONARDO S.P.A
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: EUROPE VETRONICS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: EUROPE VETRONICS MARKET, BY LAND-BASED FLEET TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: EUROPE VETRONICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 6: EUROPE VETRONICS MARKET, BY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 7: EUROPE VETRONICS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: EUROPE VETRONICS MARKET, BY LAND-BASED FLEET TYPE, 2021 & 2028 (IN %)
FIGURE 3: EUROPE VETRONICS MARKET, BY TANKS, 2022-2028 (IN $ MILLION)
FIGURE 4: EUROPE VETRONICS MARKET, BY ARMORED VEHICLES, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE VETRONICS MARKET, BY ARTILLERY, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE VETRONICS MARKET, BY ROCKET PROJECTORS, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE VETRONICS MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: EUROPE VETRONICS MARKET, BY ELECTRONIC WARFARE & C4 SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE VETRONICS MARKET, BY NAVIGATION SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE VETRONICS MARKET, BY POWER SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE VETRONICS MARKET, BY VEHICLE PROTECTION SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE VETRONICS MARKET, BY VERTICAL, 2021 & 2028 (IN %)
FIGURE 13: EUROPE VETRONICS MARKET, BY DEFENSE, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE VETRONICS MARKET, BY HOMELAND SECURITY, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 16: UNITED KINGDOM VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: GERMANY VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 18: FRANCE VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 19: SPAIN VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 20: ITALY VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: POLAND VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: GREECE VETRONICS MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: REST OF EUROPE VETRONICS MARKET 2022-2028 (IN $ MILLION)