Market Overview

Global Military Land Vehicle Electronics (Vetronics) Market 2018-2028 -


The "The
Global Military Land Vehicle Electronics (Vetronics) Market 2018-2028"

report has been added to's

Global Military Land Vehicle Electronics (Vetronics) Market 2018-2028
report offers a detailed analysis of the industry, with market size
forecasts covering the next ten years. This report will also analyze
factors that influence demand for vetronics, key market trends, and
challenges faced by industry participants.

The increasing complexities in modern day war techniques have resulted
in a heightened requirement for Intelligence, Surveillance and
Reconnaissance (ISR) activities, which has resulted in several key
defense spenders to invest heavily in the research and development of
ISR systems, such as thermal sights, infrared vision systems, and laser
target designators.

The rising demand for new sighting devices as well as infrared cameras
and thermal imaging systems is therefore contributing significantly to
the growth of the global military vetronics systems market.


  • The Global Military Land Vehicle Electronics (Vetronics) Market,
    valued at US$2.3 billion in 2018, is projected to grow at a CAGR of
    3.78% over the 2018-2028 period, to reach US$3.4 billion by 2028.
  • The market consists of three categories: ISR Systems, Vehicle
    Protection Systems and C4 Systems. The market is expected to be
    dominated by the ISR Systems segment, which is expected to account for
    52.6% of the market, followed by vehicle protection systems and C4
    Systems with shares of 26.4% and 21.1%, respectively.
  • The North America region is forecasted to dominate the sector with a
    share of 29.9%, followed by Europe and Asia Pacific with shares of
    28.74% and 19%, respectively

Companies Mentioned

  • Thales Group
  • SAAB A.B.
  • Elbit Systems Ltd
  • Oshkosh Corporation
  • General Electric Company
  • Lockheed Martin Corporation
  • General Dynamics Corporation
  • BAE Systems PLC
  • Ultra Electronics Ltd
  • The Raytheon Company
  • Safran
  • FLIR System

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