Vetronics Market worth $10.78 Billion by 2020

23 Jun, 2014, 10:00 ET from MarketsandMarkets

DALLAS, June 23, 2014 /PRNewswire/ --

According to a new market research report, "Vetronics Market by Application (Defense and Homeland Security), by sub-systems (C3 systems, Navigation , observation & display systems, weapon control systems, sensor & control systems, vehicle protection systems, and power systems), by Military land vehicles ( IFV, AAV, MRAP, MBT,LPV, APC & UGV), by Region (North America, The Asia-Pacific, Europe, The Middle East, Latin America, and Rest of the World) - Forecasts & Analysis to 2014 - 2020", published by MarketsandMarkets, the vehicle electronics (Vetronics) market is expected to reach $10.78 Billion by 2020.

Browse 73 market data Tables and 41 Figures spread through 190 Pages and in-depth TOC on "Vetronics Market".

The report provides a market analysis of the Vehicle Electronics Market over the next six years. It talks about the analysis of drivers, restraints, challenges, and opportunities that impact the industry. It also provides the details about the technology trends that are currently prevailing in the vehicle electronics (Vetronics) Market. The vehicle electronics market is expected to reach $10.78 Billion by 2020.

The report also analyses the market with a special focus on the fast-growing segments. Vetronics architecture such as VICTORY and system solutions such as COTS is explained briefly. It also highlights the analysis of the impact of market dynamics with the factors that currently drive and restrain the growth of the market, along with their impact in the short, medium, and long run.

The major factors driving the vehicle electronics market are network centric battlefield warfare, rising demand for situational awareness and SWaP specifications. Market is restrained due to decrease in defense spending and defense offset policies and regulations. Armored vehicles such as main battle tanks, armored personnel carriers, infantry fighting vehicles, mine resistant ambush protection; unmanned ground vehicles, light protected vehicles, and amphibious armored vehicles comprise the vehicle electronics market.

Inquiry before Buying @

Early buyers will receive 10% customization on this report. 

The regions considered for the report are North America, Latin America, Asia-Pacific, Europe, the Middle East, and the Rest of the World. The countries covered in this report are Australia, India, China, the U.S., Canada, Brazil, the U.K., France, Germany, Russia, Norway, Israel, and Saudi-Arabia.

The report features the prime companies in the Vetronics Market such as Oshkosh Corporation (Oshkosh), Rheinmetall AG (Düsseldorf, Germany), Saab AB (Stockholm, Sweden), Curtiss-Wright Corporation (Charlotte, U.S.), Ultra Electronics Limited (Middlesex, United Kingdom), BAE systems (London, United Kingdom)., Lockheed Martin Corporation (Bethesda, Maryland, U.S.), Northrop Grumman Corporation (Virginia, U.S.). Apart from a general overview of the companies, it also provides the details of their financial positions, key products and services, growth strategies, and key developments.

Browse Related Reports 

Armored Vehicle Market by Product (Main Battle Tanks, Light Protected Vehicles, Amphibious Armored Vehicles, Unmanned Ground Vehicles, MRAP), by Application (Defense, Homeland Security, Commercial), by Technology (Active, Passive) - Global Forecasts to 2014-2019

Battlefield Management Systems Market by Platform (Land, Airborne, and Naval), by Application (Commander Systems, Dismounted Soldier Systems, Tracked and Armored Vehicles, Communication Network Systems and BMS Software) - Forecast & Analysis 2014 - 2019

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, telecommunications and IT, and aerospace & defence.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Mr. Rohan

North - Dominion Plaza,

17304, Preston Road,

Suite 800, Dallas, TX 75252

Tel: +1-888-600-6441


Visit MarketsandMarkets Blog@

SOURCE MarketsandMarkets