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Latin America Vetronics Market 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 109 Pages Triton Market Research September, 2022 TRTN17423821
Best Price Guarantee
Price from $1,500
Length 109 Pages
Publisher Triton Market Research
Published Date September, 2022
SKU TRTN17423821

Latin America Vetronics Market 2022-2028

MARKET OUTLOOK

Triton Market Research highlights that the Latin America vetronics market is expected to project at a CAGR of 3.26% during the forecast period 2022-2028. The countries studied across the market include Brazil, Argentina, Mexico, Venezuela, and Rest of Latin America.

In Argentina, legacy APCs and IFVs used by the army, such as the VCTP, AMX-VCI, M113, and Panhard AML, need to be replaced because their maintenance is challenging and expensive. Such platforms are suited for Argentina's security operations against criminal trafficking organizations, drug cartels, and international terrorist groups with ties to the region. This is due to the absence of any direct military threats from its neighbors. Additionally, these vehicles would also increase the protection of its troops serving in UN missions, in which the country has been heavily involved. Argentina sees purchasing more armored vehicles as a chance to develop its automotive and defense industries and lessen its import dependency. These initiatives are expected to boost the country's market growth.

In Venezuela, Hugo Chávez invested billions of dollars in Russian defense equipment, but Caracas is no longer able to keep its armed forces with cutting-edge military hardware due to international sanctions and a continuing economic crisis. The Venezuelan army is retrofitting and refurbishing obsolete vehicles acquired in the years before Chávez with cutting-edge vetronics equipment to boost its arsenal and maintain its deterrence capabilities. Such factors are expected to accelerate the country's market growth.

COMPETITIVE OUTLOOK

The renowned players in the vetronics market include Curtiss-Wright, Leonardo S.p.A, General Dynamics Corporation, Raytheon Technologies, and Thales Group.


1. Latin America 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. Latin America Vetronics Market Outlook - Land-based Fleet Type
3.1. Tanks
3.2. Armored Vehicles
3.3. Artillery
3.4. Rocket Projectors
4. Latin America 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. Latin America Vetronics Market Outlook - By Vertical
5.1. Defense
5.2. Homeland Security
6. Latin America Vetronics Market – Country Outlook
6.1. Brazil
6.2. Mexico
6.3. Argentina
6.4. Venezuela
6.5. Rest Of Latin America
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: Latin America Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Acquisitions
Table 4: Latin America Vetronics Market, By Land-based Fleet Type, 2022-2028 (In $ Million)
Table 5: Latin America Vetronics Market, By Component, 2022-2028 (In $ Million)
Table 6: Latin America Vetronics Market, By Vertical, 2022-2028 (In $ Million)
Table 7: Latin America Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
List Of Figures
Figure 1: Market Attractiveness Index
Figure 2: Latin America Vetronics Market, By Land-based Fleet Type, 2021 & 2028 (In %)
Figure 3: Latin America Vetronics Market, By Tanks, 2022-2028 (In $ Million)
Figure 4: Latin America Vetronics Market, By Armored Vehicles, 2022-2028 (In $ Million)
Figure 5: Latin America Vetronics Market, By Artillery, 2022-2028 (In $ Million)
Figure 6: Latin America Vetronics Market, By Rocket Projectors, 2022-2028 (In $ Million)
Figure 7: Latin America Vetronics Market, By Component, 2021 & 2028 (In %)
Figure 8: Latin America Vetronics Market, By Electronic Warfare & C4 Systems, 2022-2028 (In $ Million)
Figure 9: Latin America Vetronics Market, By Navigation Systems, 2022-2028 (In $ Million)
Figure 10: Latin America Vetronics Market, By Power Systems, 2022-2028 (In $ Million)
Figure 11: Latin America Vetronics Market, By Vehicle Protection Systems, 2022-2028 (In $ Million)
Figure 12: Latin America Vetronics Market, By Vertical, 2021 & 2028 (In %)
Figure 13: Latin America Vetronics Market, By Defense, 2022-2028 (In $ Million)
Figure 14: Latin America Vetronics Market, By Homeland Security, 2022-2028 (In $ Million)
Figure 15: Latin America Vetronics Market, Country Outlook, 2021 & 2028 (In %)
Figure 16: Brazil Vetronics Market 2022-2028 (In $ Million)
Figure 17: Mexico Vetronics Market 2022-2028 (In $ Million)
Figure 18: Argentina Vetronics Market 2022-2028 (In $ Million)
Figure 19: Venezuela Vetronics Market 2022-2028 (In $ Million)
Figure 20: Rest Of Latin America Vetronics Market 2022-2028 (In $ Million)

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