According to Stratistics MRC, the Global Vetronics Market is accounted for $4.49 billion in 2021 and is expected to reach $7.11 billion by 2028 growing at a CAGR of 6.8% during the forecast period.
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etronics refers to the assortment of diverse electronic subsystems inside an automobile. It is principally used by military units to incorporate systems, such as communication, command, navigation, surveillance and vehicle health management. Vetronics systems can be considered as the digital hub of military vehicles. It comprises of diverse automotive electronic technologies, such as autonomous driving, sensors and secure communications systems. They are additionally outfitted with urbane technologies, such as advanced threat detection sensors, HD video calling, high bandwidth networking and portable power systems.
Some of the key players profiled in the Vetronics Market include Lockheed Martin Corporation, Saab Ab, Raytheon Technologies Corporation, Leonardo S.p.A, Curtiss-Wright Corporation, L3Harris Technologies, Inc., Adecco Group AG, Rheinmetall AG, Thales Group, General Dynamics Corporation, BAE Systems plc, AMETEK Inc., Elbit Systems Ltd., Kongsberg Gruppen ASA, TE Connectivity Ltd., and Moog Inc.
Platforms Covered:
• Military
• Homeland Security
• Defense
Vehicle Types Covered:
• Light Protection Vehicles
• Infantry Fighting Vehicles
• Main Battle Tanks
• Armored Personnel Carriers
• Amphibious Armored Vehicles
• Mine Resistant Ambush Protected (MRAP) Vehicles
• Unmanned Ground Vehicle (UGV)
Systems Covered:
• Navigation Systems
• Weapon and Control System
• Optronics
• Power Systems
• Observation and Display Systems
• Command, Control, Communication, and Computers (C4) Systems
• Vehicle Protection Systems
• Sensors (Electro-Optical/Infra-Red) (EO/IR)) System
• Vehicle Electronic Warfare System
Fits Covered:
• Retrofit
• Line-Fit
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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