Monday 7 September 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Armoured Vehicles Upgrade and Retrofit Market: AM General, FNSS Savunma Sistemleri, MKU, Oshkosh Defense and Sabiex International
Other Prominent Vendors in the market are: BAE Systems, Diehl Defence, Elbit Systems, General Dynamics, Palbam, Rheinmetall and Thales Group
Commenting on the report, an analyst said: “The complexity and amount of onboard vetronics will increase for both current and next-generation armored military vehicles. Along with the increasing number of computing systems integrated into vehicles, there are also potential issues related to cooling, shock, and vibration. Designers are relying on integrated system solutions to meet the evolving requirements of armored military vehicles and combat these issues. The new Satcom On-The-Move (SOTM) systems can be integrated into a much smaller volume compared to the new-generation stationary joint network nodes (JNNs). One such trend for integrated system solutions is the move toward stand-alone rugged box systems. These box systems support standard form-factor computing boards inside them while also providing a completely enclosed computing solution that eliminates the need for complex integration.”
According to the report, along with advances in modern warfare, technologies used in military vehicles have also evolved. The military requires armored vehicles that have high capability and functionality and can easily navigate varying terrains and provide high mobility, along with being cost-efficient. Armored military vehicles already have limited space and a finite amount of energy to power a range of systems. The demand for smaller and lighter system components that can enhance performance and reduce life cycle costs is growing. Therefore, many new military land vehicle product and component manufacturers focus on innovations in reducing size and weight, as well as power consumption. This need for SWaP reduction in military products has driven the demand for upgraded advanced vehicles.
Further, the report states that engineering challenges related to the design and deployment of SBC for use in high-end military vehicles is a major concern.
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.
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