Tuesday 14 July 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Military Land Vehicles Market: General Dynamics, Navistar, Oshkosh Defense, Rheinmetall and ST Engineering
Other Prominent Vendors in the market are: Achleitner, Ashok Leyland, Iveco, John Deere, Mercedes-Benz, Otokar and Volvo Group Governmental Sales
Commenting on the report, an analyst said: “One of the growing uses of COTS solutions is in smart displays for military land vehicles. Software utilized for such systems needs to provide seamless integration between different vetronics displays and should be well-defined for mission-critical applications. The Presagis VAPS XT is one of the widely used software that utilizes COTS HMI and OpenGL interface, applicable for different types of displays and touchscreens. In case a change in display is required, it is easier and more cost-effective to change the design code with this COTS-based software solution. A user can thus reconfigure a single operator station quickly for many different missions as required. The high-density COTS I/O solutions also reduce board count, weight, and power, enhancing overall system reliability and affordability.”
According to the report, warfare has advanced since the Cold War and World War II era. Military-related organizations are in the process of upgrading their vehicle capabilities to suit current and future military operations. Also, along with growing tensions among countries and occurrence of increasing urban conflicts, there is a need for vehicles that are suitable and can easily operate in urban environments in a cost-efficient manner. Military systems and equipment have also advanced. Old-generation military land vehicles are no longer capable of providing the required capabilities and functions to military troops. This has led to the increased demand and development of new vehicles to suit the modern military needs.
Further, the report states that defense budget cuts in major countries is one of the major challenges to the defense industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.