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European Military Land Vehicles Market Assessment
Frost & Sullivan, Aug 2011, Pages: 118
This Frost & Sullivan research service titled European Military Land Vehicles Market Assessment offers a comprehensive examination of the current market status and insights into future revenue opportunities. In this research, Frost & Sullivan's expert analysts thoroughly examine the following segments: military land vehicles and unmanned ground vehicles. The following countries are analysed: Austria, Belgium, the Czech Republic, Finland, France, Germany, Italy, the Netherlands, Norway, Poland, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
Market Overview
European Military Land Vehicles Market Set to Transition from UOR to Planned Procurements
Legacy military equipment in most European armies is becoming irrelevant for present-day operations, as they demand special capabilities for operating in urban environments and asymmetric warfare. While there is an immediate need to acquire new equipment, affordability remains a concern with most European countries reeling under economic turmoil.
At present, urgent operational requirement (UOR) procurements represent an important market driver,” remarks the analyst of this research. “Once the Afghan operations come to a halt, the market is anticipated to migrate from UOR towards planned modernisation programmes, which have been pending for some time.” European intervention in the recent political happenings in the Middle East is a major issue that will influence military acquisitions. Currently, the only active major ground-based conflict is in Afghanistan. It is expected that the coalition troops will start withdrawing from Afghanistan from around 2013.
Future Focus to be on Cost-effective Products and Planned Procurement Programmes
Although European countries are curtailing their defence budgets, significant opportunities continue to exist in the military land vehicles market. The lessons learnt from recent conflicts will motivate armies to opt for advanced and more efficient equipment. The current economic turmoil has forced many European governments to reduce their defence outlays. At the same time, governments have been changing their focus from quantity to quality. “The noticeable trend in the European land combat vehicles market is the reduction of vehicle procurement numbers,” notes the analyst. “In the future, defence suppliers will be unable to enjoy economies of scale unless they innovate.”
End users have been emphasising the importance of low-cost, yet high-quality, equipment. Striking a balance between both and offering suitable solutions present a challenge for suppliers. “Defence companies must ensure they develop cost-effective offering since absolute cost of equipment will be a key decision making factor,” advises the analyst. “Companies which had been benefiting from UOR procurements should start focusing on opportunities in planned defence procurement programmes.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
Military land vehicles
Unmanned ground vehicles
By Country:
- Austria
- Belgium
- The Czech Republic
- Finland
- France
- Germany
- Italy
- The Netherlands
- Norway
- Poland
- Spain
- Sweden
- Switzerland
- Turkey
- The United Kingdom
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