GLOBAL VETRONICS MARKET FORECAST 2022-2030

In terms of revenue, the global vetronics market was valued at $3730.13 million in 2021, and is expected to reach $5440.19 million by 2030, growing at a CAGR of 4.28% during the forecast period. The market study has also analyzed the impact of COVID-19 on the vetronics industry qualitatively and quantitatively.

GLOBAL VETRONICS MARKET FORECAST 2022-2030

Global Vetronics Market by Vehicle Type (Tanks, Armored Vehicles, Artillery, Rocket Projectors) Market by System (Electronic Warfare & C4 System, Navigation System, Power System, Vehicle Protection System) Market by End-user (Defense, Homeland Security) By Geography

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Report Summary

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Vetronics, also known as vehicle electronics, allows military units to integrate various systems in order to optimize operations such as communication, navigation, surveillance, and vehicle health management. These systems include communication, command and control, electronic vehicle warfare, navigation, and surveillance.

Vetronics Market

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Key growth enablers of the global vetronics market are:

Technological developments
Standardization of vetronics system (Open Architecture)
- Multiple government agencies, including NATO, the Ministry of Defense of various countries, and the Military Vetronics Association (MILVA), have made considerable efforts to achieve vetronics system standardization.
- These entities are establishing guidelines for standardizing vetronics systems across several platforms while promoting open architecture.
- Users can upgrade their systems with new technologies without changing the entire system, given the integration of open architecture, which lowers the overall cost of a system upgrade.
Continuous efforts in research & development
Military modernization programs

Key growth restraining factors are:

Cyber Security
- Cybersecurity is one of the most critical problems with connected vehicle networks that can endanger the defense troops’ safety. The safeguarding of Electronic Control Units (ECUs) and the Control Area Network (CAN) bus are the most crucial elements of vehicle cybersecurity.
- The growth of 5G remote communication systems for vehicle-to-everything (V2X) connectivity is another challenge for inter-vehicle communications privacy.
- The advancements in vehicle electronics have disrupted the conventional idea of defensive systems due to the rapid rise in the use of electronic gadgets and wireless technology.
Reducing Defense Budget
Regulations

Global Vetronics Market | Top Trends

In-depth research has been made on hybrid military vehicles in the United States Military, where the usage of electric engines has been taken into account for the past five decades. Also, a number of US programs throughout the 2000s entailed hybrid vehicles comprising varied electronic systems through either collaborative government-commercial or exclusively commercial ventures.
The US Army is at the forefront of efforts to modernize the military. American Rheinmetall Systems recently won a contract to ensure the modernization of US Army combat vehicles. Rheinmetall would be employing cutting-edge combat vehicle mission systems capabilities in the US combat fleet to help maintain its position on the battlefield. American Rheinmetall Systems has reported it is expected to launch the next-generation situational awareness and fire control systems to support the combat vehicle modernization program.
The increasing R&D expenditure of defense and commercial companies in the defense vetronics sector is expected to result in the development of new and innovative electronics products and services, which, in turn, can provide plenty of growth opportunities to the vetronics market.

Market Segmentation – Vehicle Type, System, and End-User –

Market by Vehicle Type:

Tanks
Armored Vehicles
Artillery
Rocket Projectors

Market by System:

Electronic Warfare & C4 System
- In 2021, the majority of the market share was captured by electronic warfare & C4 system. Electronic warfare (EW) aims to utilize important sensor and communication networks against their hosts.
- Transmissions can be monitored for compromising information or used to determine the units present in a theatre. Electronic Support Measures (ESM), a class of electromagnetic sensors, can even geo-locate a transmitter’s position precisely enough to be targeted by lethal strikes.
- Lockheed Martin announced a $9.6 million deal in September 2021 to equip Stryker armored vehicles with an electronic warfare system.
Navigation System
Power System
Vehicle Protection System

Market by End-User:

Defense
- Defense is the fastest-growing end-user in the market.
- Military electronics aid in the efficient and secure implementation of communication systems, electronic warfare systems, navigation systems, and power systems.
- Modern electronics and subsystems are essential to the functionality and dependability of critical ground assets like tanks, armored vehicles, artillery vehicles, rocket launchers, and unmanned ground vehicles.
- Modern military-grade electronics and components are thus being incorporated into command and control centers, vehicle control systems, and other defense platforms to improve the probability of mission success in demanding and ever-changing environments.
Homeland Security

Geographical Study Based on Five Major Regions:

North America: The United States and Canada
- North America is the largest revenue-generating region in the global vetronics market.
- The vetronics demand in the region has witnessed considerable growth, owing to its military and government efforts to modernize its army and fleet. Also, the ongoing upgradation programs of the obsolete platforms boost market demands.
- Furthermore, the Department of Defense and industry players in the region are investing significantly in R&D activities to modernize its land-based fleet. For instance, in July 2022, the US Army granted the BAE Systems Platforms & Services division a $40.6 million contract to supply M88 Heavy Equipment Recovery Combat Utility Lift Evacuation System (HERCULES) vehicles and supporting vetronics. The M88A2 recovery vehicle and its vetronics package are among the largest all-weather armored recovery vehicles in the United States land fleet.
- Moreover, market players such as General Dynamics, Raytheon Technologies, L3Harris Technologies, Lockheed Martin, etc., are working with the US Army on several other land-based platform projects to modernize its fleet.
- Besides, the US is the leading country in the region, accounting for a market share of 96.93% in 2021, attributed to the developed venture capital market.
Europe: France, the United Kingdom, Italy, Germany, Spain, Poland, Greece, and Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Thailand, Vietnam, Taiwan, and Rest of Asia-Pacific
Latin America: Brazil, Argentina, Venezuela, Mexico, and Rest of Latin America
Middle East & Africa: Egypt, Turkey, Iran, Israel, Saudi Arabia, Algeria, Morocco, Rest of Middle East & Africa

The major players in the global vetronics market are:

Curtiss-Wright
BAE Systems
Thales Group
Lockheed Martin
Rheinmetall AG

Key strategies adopted by some of these companies:

Raytheon Technologies Corporation’s Collins Aerospace Military Global Positioning System (GPS) division was successfully acquired by BAE Systems in July 2020.

With the purchase of Gemalto by Thales for €4.8 billion, a new level of organization and a leading position in digital identity and security has been created in the market for Thales Group.

In January 2022, Curtiss-Wright reported that it reached an agreement to buy the Safran Aerosystems Arresting Company (SAA) assets for $240 million in cash. Although, there have not been any updates on the subject yet.

Report Synopsis:

Report Scope	Details
Forecast Years	2022-2030
Base Year	2021
Historical Years	2018-2021
Forecast Units	Revenue ($ Million)
Segments Analyzed	Vehicle Type, System, End-User
Geographies Analyzed	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Companies Analyzed	BAE Systems, Curtiss-Wright, General Dynamics Corporation, L3Hariss Technologies, Leonardo SpA, Lockheed Martin, Norinco – China, Northrop Grumman, Raytheon Technologies, Rheinmetall AG, Saab AB, Thales Group

RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
MARKET DYNAMICS
- KEY DRIVERS
  - TECHNOLOGICAL DEVELOPMENTS
  - STANDARDIZATION OF VETRONICS SYSTEM (OPEN ARCHITECTURE)
  - CONTINUOUS EFFORTS IN RESEARCH AND DEVELOPMENT
  - MILITARY MODERNIZATION PROGRAMS
- KEY RESTRAINTS
  - CYBER SECURITY
  - DECREASING DEFENSE BUDGET
  - REGULATIONS

KEY ANALYTICS
- IMPACT OF COVID-19 ON VETRONICS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
  - BUYERS POWER
  - SUPPLIERS POWER
  - SUBSTITUTION
  - NEW ENTRANTS
  - INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
  - COMPONENT PROVIDERS
  - SYSTEM MANUFACTURERS / OEMS
  - DISTRIBUTION
  - END-USERS
  - AFTERMARKET SERVICES

MILITARY LAND FORCES ANALYSIS
- UNITED STATES
  - UNITED STATES – OVERVIEW
  - UNITED STATES – VEHICLE & ARTILLERY FLEET
  - UNITED STATES – LAND SYSTEMS
- FRANCE
  - FRANCE – OVERVIEW
  - FRANCE – VEHICLE & ARTILLERY
  - FRANCE – LAND SYSTEMS
- CHINA
  - CHINA – OVERVIEW
  - CHINA – VEHICLE & ARTILLERY
  - CHINA – LAND SYSTEMS
- SOUTH KOREA
  - SOUTH KOREA – OVERVIEW
  - SOUTH KOREA – VEHICLE & ARTILLERY
  - SOUTH KOREA – LAND SYSTEMS
- ISRAEL
  - ISRAEL – OVERVIEW
  - ISRAEL – VEHICLE & ARTILLERY
  - ISRAEL – LAND SYSTEMS
- INDIA
  - INDIA – OVERVIEW
  - INDIA – VEHICLE & ARTILLERY
  - INDIA – LAND SYSTEMS
- ITALY
  - ITALY – OVERVIEW
  - ITALY – VEHICLE & ARTILLERY
  - ITALY – LAND SYSTEMS
- UNITED KINGDOM
  - UNITED KINGDOM – OVERVIEW
  - UNITED KINGDOM – VEHICLE & ARTILLERY
  - UNITED KINGDOM – LAND SYSTEMS
- GERMANY
  - GERMANY – OVERVIEW
  - GERMANY – VEHICLE & ARTILLERY
  - GERMANY: LAND SYSTEMS
- JAPAN
  - JAPAN – OVERVIEW
  - JAPAN – VEHICLE & ARTILLERY
  - JAPAN – LAND SYSTEMS

MARKET BY VEHICLE TYPE
- TANKS
- ARMORED VEHICLES
- ARTILLERY
- ROCKET PROJECTORS
MARKET BY SYSTEM
- ELECTRONIC WARFARE & C4 SYSTEM
- NAVIGATION SYSTEM
- POWER SYSTEM
- VEHICLE PROTECTION SYSTEM
MARKET BY END-USER
- DEFENSE
- HOMELAND SECURITY
GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - UNITED STATES
    - CANADA
- EUROPE
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - FRANCE
    - UNITED KINGDOM
    - ITALY
    - GERMANY
    - SPAIN
    - POLAND
    - GREECE
    - REST OF EUROPE
- ASIA-PACIFIC
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - CHINA
    - JAPAN
    - INDIA
    - SOUTH KOREA
    - THAILAND
    - VIETNAM
    - TAIWAN
    - REST OF ASIA-PACIFIC
- LATIN AMERICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - BRAZIL
    - ARGENTINA
    - VENEZUELA
    - MEXICO
    - REST OF LATIN AMERICA
- MIDDLE EAST & AFRICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - EGYPT
    - TURKEY
    - IRAN
    - ISRAEL
    - SAUDI ARABIA
    - ALGERIA
    - MOROCCO
    - REST OF MIDDLE EAST & AFRICA

COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
  - MERGERS & ACQUISITIONS
- COMPANY PROFILES
  - BAE SYSTEMS
  - CURTISS-WRIGHT
  - GENERAL DYNAMICS CORPORATION
  - L3HARISS TECHNOLOGIES
  - LEONARDO SPA
  - LOCKHEED MARTIN
  - NORINCO – CHINA
  - NORTHROP GRUMMAN
  - RAYTHEON TECHNOLOGIES
  - RHEINMETALL AG
  - SAAB AB
  - THALES GROUP

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – VETRONICS

TABLE 2: UNITED STATES – LAND SYSTEMS

TABLE 3: FRANCE – LAND SYSTEMS

TABLE 4: CHINA – LAND SYSTEMS

TABLE 5: SOUTH KOREA – LAND SYSTEMS

TABLE 6: ISRAEL – LAND SYSTEMS

TABLE 7: INDIA – LAND SYSTEMS

TABLE 8: ITALY – LAND SYSTEMS

TABLE 9: UNITED KINGDOM – LAND SYSTEMS

TABLE 10: GERMANY – LAND SYSTEMS

TABLE 11: JAPAN LAND SYSTEMS

TABLE 12: GLOBAL VETRONICS MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 13: GLOBAL VETRONICS MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 14: GLOBAL TANKS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 15: GLOBAL TANKS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 16: GLOBAL ARMORED VEHICLES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 17: GLOBAL ARMORED VEHICLES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 18: GLOBAL ARTILLERY MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 19: GLOBAL ARTILLERY MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 20: GLOBAL ROCKET PROJECTORS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 21: GLOBAL ROCKET PROJECTORS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 22: GLOBAL VETRONICS MARKET, BY SYSTEM, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 23: GLOBAL VETRONICS MARKET, BY SYSTEM, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 24: GLOBAL ELECTRONIC WARFARE & C4 SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 25: GLOBAL ELECTRONIC WARFARE & C4 SYSTEM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 26: GLOBAL NAVIGATION SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 27: GLOBAL NAVIGATION SYSTEM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 28: GLOBAL POWER SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 29: GLOBAL POWER SYSTEM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 30: GLOBAL VEHICLE PROTECTION SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 31: GLOBAL VEHICLE PROTECTION SYSTEM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 32: GLOBAL VETRONICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 33: GLOBAL VETRONICS MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 34: GLOBAL DEFENSE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 35: GLOBAL DEFENSE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 36: GLOBAL HOMELAND SECURITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 37: GLOBAL HOMELAND SECURITY MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 38: GLOBAL VETRONICS MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 39: GLOBAL VETRONICS MARKET, BY GEOGRAPHY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 40: NORTH AMERICA VETRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 41: NORTH AMERICA VETRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 42: LEADING PLAYERS OPERATING IN NORTH AMERICA VETRONICS MARKET

TABLE 43: EUROPE VETRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 44: EUROPE VETRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 45: LEADING PLAYERS OPERATING IN EUROPE VETRONICS MARKET

TABLE 46: ASIA-PACIFIC VETRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 47: ASIA-PACIFIC VETRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 48: LEADING PLAYERS OPERATING IN ASIA-PACIFIC VETRONICS MARKET

TABLE 49: LATIN AMERICA VETRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 50: LATIN AMERICA VETRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 51: LEADING PLAYERS OPERATING IN LATIN AMERICA VETRONICS MARKET

TABLE 52: MIDDLE EAST & AFRICA VETRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 53: MIDDLE EAST & AFRICA VETRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 54: LEADING PLAYERS OPERATING IN MIDDLE EAST & AFRICA VETRONICS MARKET

TABLE 55: LIST OF MERGERS & ACQUISITIONS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: UNITED STATES VEHICLE & ARTILLERY FLEET

FIGURE 6: FRANCE – VEHICLE & ARTILLERY

FIGURE 7: CHINA – VEHICLE & ARTILLERY

FIGURE 8: SOUTH KOREA – VEHICLE & ARTILLERY

FIGURE 9: ISRAEL – VEHICLE & ARTILLERY

FIGURE 10: INDIA – VEHICLE & ARTILLERY

FIGURE 11: ITALY – VEHICLE & ARTILLERY

FIGURE 12: UNITED KINGDOM – VEHICLE & ARTILLERY

FIGURE 13: GERMANY – VEHICLE & ARTILLERY

FIGURE 14: JAPAN VEHICLE & ARTILLERY

FIGURE 15: GLOBAL VETRONICS MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021

FIGURE 16: GLOBAL VETRONICS MARKET, BY TANKS, 2022-2030 (IN $ MILLION)

FIGURE 17: GLOBAL VETRONICS MARKET, BY ARMORED VEHICLES, 2022-2030 (IN $ MILLION)

FIGURE 18: GLOBAL VETRONICS MARKET, BY ARTILLERY, 2022-2030 (IN $ MILLION)

FIGURE 19: GLOBAL VETRONICS MARKET, BY ROCKET PROJECTORS, 2022-2030 (IN $ MILLION)

FIGURE 20: GLOBAL VETRONICS MARKET, GROWTH POTENTIAL, BY SYSTEM, IN 2021

FIGURE 21: GLOBAL VETRONICS MARKET, BY ELECTRONIC WARFARE & C4 SYSTEM, 2022-2030 (IN $ MILLION)

FIGURE 22: GLOBAL VETRONICS MARKET, BY NAVIGATION SYSTEM, 2022-2030 (IN $ MILLION)

FIGURE 23: GLOBAL VETRONICS MARKET, BY POWER SYSTEM, 2022-2030 (IN $ MILLION)

FIGURE 24: GLOBAL VETRONICS MARKET, BY VEHICLE PROTECTION SYSTEM, 2022-2030 (IN $ MILLION)

FIGURE 25: GLOBAL VETRONICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

FIGURE 26: GLOBAL VETRONICS MARKET, BY DEFENSE, 2022-2030 (IN $ MILLION)

FIGURE 27: GLOBAL VETRONICS MARKET, BY HOMELAND SECURITY, 2022-2030 (IN $ MILLION)

FIGURE 28: NORTH AMERICA VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 29: UNITED STATES VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 30: CANADA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 31: EUROPE VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 32: FRANCE VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 33: UNITED KINGDOM VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 34: ITALY VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 35: GERMANY VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 36: SPAIN VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 37: POLAND VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 38: GREECE VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 39: REST OF EUROPE VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 40: ASIA-PACIFIC VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 41: CHINA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 42: JAPAN VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 43: INDIA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 44: SOUTH KOREA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 45: THAILAND VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 46: VIETNAM VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 47: TAIWAN VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 48: REST OF ASIA-PACIFIC VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 49: LATIN AMERICA VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 50: BRAZIL VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 51: ARGENTINA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 52: VENEZUELA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 53: MEXICO VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 54: REST OF LATIN AMERICA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 55: MIDDLE EAST & AFRICA VETRONICS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 56: EGYPT VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 57: TURKEY VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 58: IRAN VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 59: ISRAEL VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 60: SAUDI ARABIA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 61: ALGERIA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 62: MOROCCO VETRONICS MARKET, 2022-2030 (IN $ MILLION)

FIGURE 63: REST OF MIDDLE EAST & AFRICA VETRONICS MARKET, 2022-2030 (IN $ MILLION)

Segmentation

MARKET BY VEHICLE TYPE
- TANKS
- ARMORED VEHICLES
- ARTILLERY
- ROCKET PROJECTORS
MARKET BY SYSTEM
- ELECTRONIC WARFARE & C4 SYSTEM
- NAVIGATION SYSTEM
- POWER SYSTEM
- VEHICLE PROTECTION SYSTEM
MARKET BY END-USER
- DEFENSE
- HOMELAND SECURITY
GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - UNITED STATES
    - CANADA
- EUROPE
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - FRANCE
    - UNITED KINGDOM
    - ITALY
    - GERMANY
    - SPAIN
    - POLAND
    - GREECE
    - REST OF EUROPE
- ASIA-PACIFIC
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - CHINA
    - JAPAN
    - INDIA
    - SOUTH KOREA
    - THAILAND
    - VIETNAM
    - TAIWAN
    - REST OF ASIA-PACIFIC
- LATIN AMERICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - BRAZIL
    - ARGENTINA
    - VENEZUELA
    - MEXICO
    - REST OF LATIN AMERICA
- MIDDLE EAST & AFRICA
  - MARKET SIZE & ESTIMATES
  - KEY GROWTH ENABLERS
  - KEY CHALLENGES
  - KEY PLAYERS
  - COUNTRY ANALYSIS
    - EGYPT
    - TURKEY
    - IRAN
    - ISRAEL
    - SAUDI ARABIA
    - ALGERIA
    - MOROCCO
    - REST OF MIDDLE EAST & AFRICA