KEY FINDINGS
The Europe vetronics market is projected to register a CAGR of 4.33% during the forecast period, 2022-2030. The growing military expenditure is one of the significant factors driving the vetronics market growth in Europe. Also, several nations in the region are making huge investments to modernize their land-based fleet with the latest available upgrades. However, countries like France and Italy are implementing cost-cutting on several defense programs.
MARKET INSIGHTS
Germany, Spain, Poland, the United Kingdom, Greece, France, Italy, and Rest of Europe are evaluated for the Europe vetronics market growth analysis. In France, the strategic developments and collaborations between government and market players boost the market growth. For instance, the French defense procurement agency (DGA) presented the SCORPION program's conditional tranche 4 (TC4) contract to Nexter, Arquus, and Thales under the EMBR consortium. Similarly, in Germany, in 2020, General Dynamics European Land Systems was awarded a contract by the German procurement body BAAINBw. This entailed the supply of 80 secure EAGLE 6x6 vehicles with the latest consolidated electronics for the German Army's ambulance corps.
Furthermore, in Poland, the Polish Armed Forces are set to enhance their operational and combat capabilities through the installation of new weapon systems and upgrading the ones already in use. This is projected to increase the nation's security in an increasingly dangerous international context. Also, the Polish Armed Forces are increasingly prioritizing the updating of the 142 LEOPARD 2A4 Main Battle Tanks (MBTs) fleet to 2PL specifications. Such developments propel market growth in these countries.
COMPETITIVE INSIGHTS
Some of the prominent market players in the Europe vetronics market include Leonardo SPA, BAE Systems, Northrop Grumman, General Dynamics Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Europe Vetronics Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Technological Developments
3.1.2. Standardization Of Vetronics System (Open Architecture)
3.1.3. Continuous Efforts In Research And Development
3.1.4. Military Modernization Programs
3.2. Key Restraints
3.2.1. Cyber Security
3.2.2. Decreasing Defense Budget
3.2.3. Regulations
4. Key Analytics
4.1. Impact Of Covid-19 On Vetronics Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.6.1. Component Providers
4.6.2. System Manufacturers / Oems
4.6.3. Distribution
4.6.4. End-Users
4.6.5. Aftermarket Services
5. Military Land Forces Analysis
5.1. France
5.1.1. France - Overview
5.1.2. France - Vehicle & Artillery
5.1.3. France - Land Systems
5.2. Italy
5.2.1. Italy - Overview
5.2.2. Italy - Vehicle & Artillery
5.2.3. Italy - Land Systems
5.3. United Kingdom
5.3.1. United Kingdom - Overview
5.3.2. United Kingdom - Vehicle & Artillery
5.3.3. United Kingdom - Land Systems
5.4. Germany
5.4.1. Germany - Overview
5.4.2. Germany - Vehicle & Artillery
5.4.3. Germany: Land Systems
6. Market By Vehicle Type
6.1. Tanks
6.2. Armored Vehicles
6.3. Artillery
6.4. Rocket Projectors
7. Market By System
7.1. Electronic Warfare & C4 System
7.2. Navigation System
7.3. Power System
7.4. Vehicle Protection System
8. Market By End-User
8.1. Defense
8.2. Homeland Security
9. Geographical Analysis
9.1. Europe
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. France
9.1.5.2. United Kingdom
9.1.5.3. Italy
9.1.5.4. Germany
9.1.5.5. Spain
9.1.5.6. Poland
9.1.5.7. Greece
9.1.5.8. Rest Of Europe
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.2. Company Profiles
10.2.1. Bae Systems
10.2.2. Curtiss-Wright
10.2.3. General Dynamics Corporation
10.2.4. L3hariss Technologies
10.2.5. Leonardo Spa
10.2.6. Lockheed Martin
10.2.7. Norinco - China
10.2.8. Northrop Grumman
10.2.9. Raytheon Technologies
10.2.10. Rheinmetall Ag
10.2.11. Saab Ab
10.2.12. Thales Group
List Of Tables
Table 1: Market Snapshot - Vetronics
Table 2: France - Land Systems
Table 3: Italy - Land Systems
Table 4: United Kingdom - Land Systems
Table 5: Germany - Land Systems
Table 6: Europe Vetronics Market, By Vehicle Type, Historical Years, 2018-2021 (In $ Million)
Table 7: Europe Vetronics Market, By Vehicle Type, Forecast Years, 2022-2030 (In $ Million)
Table 8: Europe Vetronics Market, By System, Historical Years, 2018-2021 (In $ Million)
Table 9: Europe Vetronics Market, By System, Forecast Years, 2022-2030 (In $ Million)
Table 10: Europe Vetronics Market, By End-User, Historical Years, 2018-2021 (In $ Million)
Table 11: Europe Vetronics Market, By End-User, Forecast Years, 2022-2030 (In $ Million)
Table 12: Europe Vetronics Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 13: Europe Vetronics Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 14: Leading Players Operating In Europe Vetronics Market
Table 15: 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: France - Vehicle & Artillery
Figure 6: Italy - Vehicle & Artillery
Figure 7: United Kingdom - Vehicle & Artillery
Figure 8: Germany - Vehicle & Artillery
Figure 9: Europe Vetronics Market, Growth Potential, By Vehicle Type, In 2021
Figure 10: Europe Vetronics Market, By Tanks, 2022-2030 (In $ Million)
Figure 11: Europe Vetronics Market, By Armored Vehicles, 2022-2030 (In $ Million)
Figure 12: Europe Vetronics Market, By Artillery, 2022-2030 (In $ Million)
Figure 13: Europe Vetronics Market, By Rocket Projectors, 2022-2030 (In $ Million)
Figure 14: Europe Vetronics Market, Growth Potential, By System, In 2021
Figure 15: Europe Vetronics Market, By Electronic Warfare & C4 System, 2022-2030 (In $ Million)
Figure 16: Europe Vetronics Market, By Navigation System, 2022-2030 (In $ Million)
Figure 17: Europe Vetronics Market, By Power System, 2022-2030 (In $ Million)
Figure 18: Europe Vetronics Market, By Vehicle Protection System, 2022-2030 (In $ Million)
Figure 19: Europe Vetronics Market, Growth Potential, By End-User, In 2021
Figure 20: Europe Vetronics Market, By Defense, 2022-2030 (In $ Million)
Figure 21: Europe Vetronics Market, By Homeland Security, 2022-2030 (In $ Million)
Figure 22: Europe Vetronics Market, Country Outlook, 2021 & 2030 (In %)
Figure 23: France Vetronics Market, 2022-2030 (In $ Million)
Figure 24: United Kingdom Vetronics Market, 2022-2030 (In $ Million)
Figure 25: Italy Vetronics Market, 2022-2030 (In $ Million)
Figure 26: Germany Vetronics Market, 2022-2030 (In $ Million)
Figure 27: Spain Vetronics Market, 2022-2030 (In $ Million)
Figure 28: Poland Vetronics Market, 2022-2030 (In $ Million)
Figure 29: Greece Vetronics Market, 2022-2030 (In $ Million)
Figure 30: Rest Of Europe Vetronics Market, 2022-2030 (In $ Million)
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