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Asia-pacific Vetronics Market 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 130 Pages Triton Market Research September, 2022 TRTN17423797
Best Price Guarantee
Price from $1,500
Length 130 Pages
Publisher Triton Market Research
Published Date September, 2022
SKU TRTN17423797

Asia-pacific Vetronics Market 2022-2028

MARKET OUTLOOK

As per Triton Market Research's report, the Asia-Pacific vetronics market is expected to flourish at a CAGR of 5.91% during the forecast period. The countries studied in the region's market include India, Japan, Vietnam, South Korea, Thailand, China, Taiwan, and Rest of Asia-Pacific.

In May 2020, the Japan Land Self-Defense Force has acquired a self-propelled long-range armored military artillery. According to sources, the Japanese government plans to spend $44 million on new howitzers. The new 155 mm/52 caliber Japan Steel Works wheeled self-propelled howitzers have automatic gun-laying and semi-automatic munition firing systems. The new artillery system features a wheeled vehicle chassis, a long-range 155 mm gun, inertial navigation, and targeting technologies. In addition, the current fleet of 155 mm FH-70 towed artillery systems will be modernized. Such increased spending on vetronics, along with acquisition of new vehicles and the integration of new technology is driving the studied market in Japan.

India is reorganizing its motorized infantry to achieve strategic territorial mobility and potent firepower against the enemy. The restructuring has led to the deployment of additional army equipments that are expected to drive the region’s market growth.The country intends to eventually deploy 248 Arjun main battle tanks (MBTs), along with 1,657 T-90S MBTs and the Arjun MK-II variant. 2000 pieces of night vision equipment for T-72 tanks, 1200 pieces for T-90 tanks, and 1780 pieces for infantry combat vehicles were purchased by the army for a total of ten, nine, and eight billion rupees, respectively. Its T-72 fleet also plans to spend roughly $230 million on 418 TIFACS and 700 TISAS (thermal imaging stand-alone systems). As part of the T-72's extensive development phases, 3,860 night-vision-based image intensification cameras and 300 Israeli TISAS were produced.

COMPETITIVE OUTLOOK

The prominent players in the vetronics market include Saab AB, Rheinmetall AG, Thales Group, Leonardo S.p.A, and Raytheon Technologies.


1. Asia-pacific Vetronics Market - Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Vetronics Market
2.2. Key Insights
2.2.1. Growth Of The Vetronics Market In The Asia-pacific Region (India)
2.2.2. Growing Investments In Hybrid Military Vehicles
2.2.3. 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. Asia-pacific Vetronics Market Outlook - Land-based Fleet Type
3.1. Tanks
3.2. Armored Vehicles
3.3. Artillery
3.4. Rocket Projectors
4. Asia-pacific 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. Asia-pacific Vetronics Market Outlook - By Vertical
5.1. Defense
5.2. Homeland Security
6. Asia-pacific Vetronics Market – Country Outlook
6.1. China
6.2. Japan
6.3. India
6.4. South Korea
6.5. Thailand
6.6. Vietnam
6.7. Taiwan
6.8. Rest Of Asia-pacific
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: Asia-pacific Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Acquisitions
Table 4: Asia-pacific Vetronics Market, By Land-based Fleet Type, 2022-2028 (In $ Million)
Table 5: Asia-pacific Vetronics Market, By Component, 2022-2028 (In $ Million)
Table 6: Asia-pacific Vetronics Market, By Vertical, 2022-2028 (In $ Million)
Table 7: Asia-pacific Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
List Of Figures
Figure 1: Market Attractiveness Index
Figure 2: Asia-pacific Vetronics Market, By Land-based Fleet Type, 2021 & 2028 (In %)
Figure 3: Asia-pacific Vetronics Market, By Tanks, 2022-2028 (In $ Million)
Figure 4: Asia-pacific Vetronics Market, By Armored Vehicles, 2022-2028 (In $ Million)
Figure 5: Asia-pacific Vetronics Market, By Artillery, 2022-2028 (In $ Million)
Figure 6: Asia-pacific Vetronics Market, By Rocket Projectors, 2022-2028 (In $ Million)
Figure 7: Asia-pacific Vetronics Market, By Component, 2021 & 2028 (In %)
Figure 8: Asia-pacific Vetronics Market, By Electronic Warfare & C4 Systems, 2022-2028 (In $ Million)
Figure 9: Asia-pacific Vetronics Market, By Navigation Systems, 2022-2028 (In $ Million)
Figure 10: Asia-pacific Vetronics Market, By Power Systems, 2022-2028 (In $ Million)
Figure 11: Asia-pacific Vetronics Market, By Vehicle Protection Systems, 2022-2028 (In $ Million)
Figure 12: Asia-pacific Vetronics Market, By Vertical, 2021 & 2028 (In %)
Figure 13: Asia-pacific Vetronics Market, By Defense, 2022-2028 (In $ Million)
Figure 14: Asia-pacific Vetronics Market, By Homeland Security, 2022-2028 (In $ Million)
Figure 15: Asia-pacific Vetronics Market, Country Outlook, 2021 & 2028 (In %)
Figure 16: China Vetronics Market 2022-2028 (In $ Million)
Figure 17: Japan Vetronics Market 2022-2028 (In $ Million)
Figure 18: India Vetronics Market 2022-2028 (In $ Million)
Figure 19: South Korea Vetronics Market 2022-2028 (In $ Million)
Figure 20: Thailand Vetronics Market 2022-2028 (In $ Million)
Figure 21: Vietnam Vetronics Market 2022-2028 (In $ Million)
Figure 22: Taiwan Vetronics Market 2022-2028 (In $ Million)
Figure 23: Rest Of Asia-pacific Vetronics Market 2022-2028 (In $ Million)

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