Overview of the global military aircraft modernization, upgrade, and retrofit market
Technavio’s market research analyst predicts the global military aircraft modernization, upgrade, and retrofit market to grow at a CAGR of more than 2% between 2017 and 2021. Several military forces across the globe are renewing their military aircraft fleets to keep pace with the changing nature of modern warfare. Such growing requirement for advanced military aircraft is a major factor driving the market growth. Coupled with the development of new aircraft, defense ministries are focusing on retrofitting the aging fleets of military aircraft to make them technologically advanced as per the evolving demands and requirements. Many defense authorities are also focusing on renovating their older military airborne fleet with enhanced and upgraded CNS systems. Also, several surveillance systems are being installed in airplanes as emergency warning systems to enhance aircraft situational awareness of pilots and reduce their workload. Also, special mission airplanes are being deployed for reconnaissance and surveillance missions across land and maritime borders, which has necessitated the retrofitting of CNS systems into existing fleets of military jets.
The global military aircraft modernization, upgrade, and retrofit market is extremely fragmented, with several companies collaborating on a single project. As most of the upgrade programs include high expenditure, the domestic companies are entering into strategic alliances and technology transfer agreements with international companies. The governments of many countries are opting to outsource the capital- and material-intensive modernization and upgrade activities to specialized service providers. These nations face inadequate supply of spare parts, lack of skilled manpower, and obsolete equipment and technologies to carry out the modernization process. Some of the potential
Overview of the global military aircraft avionics market
The global military aircraft avionics market is anticipated to grow at a steady rate and will post a CAGR of more than 3% during the forecast period. The increasing demand for the installation of SVS (synthetic vision system) in aircraft will drive the growth prospects for the global military aircraft avionics market during the forecast period. SVS in aircraft is used to overcome the issues associated with limited outside visibility for the pilot. Prior the development of SVS, a number of imaging sensors have been used to enhance the visibility for the pilot. These sensors consisted of both active or passive sensors that were used to penetrate weather phenomena such as fog, darkness, rain, haze, and snow. Generally, under foggy weather conditions and heavy precipitation, the infrared sensors and high-frequency radars do not perform properly. As a result, SVS were developed as it helped the pilots to fly safer with increased positional awareness regardless of the weather conditions. The various elements of SVS include enhanced intuitive view, hazard detection and display, integrity monitoring and alerting, and precision navigation guidance.
The increasing research work in green avionics will further drive the prospects for market growth during the estimated period. It includes research on lead-free products that vendors of the global military aircraft avionics market will have to switch to in the near future. Lead products are highly toxic in nature and are used for coating and soldering of the electronic components in an aircraft. To replace the use of toxic lead materials, lead-free products must be developed even though their production is expensive.
Competitive landscape and key vendors
The vendors in the market experience strong competition in terms of cost, product quality, reliability, and market share. To
Overview of the global military biometrics market
Technavio’s market research analyst predicts the global military biometrics market to grow at a CAGR of more than 7% between 2016 and 2020. The growing focus on surveillance and security across the world drives the demand for the biometrics market in the military sector. Biometrics technologies are widely used by the homeland security divisions of nations to identify individuals who want to enter a country. The frequently used technologies include facial and fingerprint recognition, palm recognition, and iris scanning. Recently, Artec technologies released MULTIEYE-Face, which is a new biometric image processing software for face recognition designed for security, criminological, and forensic applications. The military sector is also witnessing a high demand for voice biometrics for identification, verification, border control, and critical infrastructure protection. Manufacturers have come up with 3D face recognition biometric systems, which uses geometric depth data instead of color and texture of the image, irrespective of the lighting conditions.
One of the latest trends gaining traction in the market is the introduction of multimodal biometrics. The demand for multimodal biometrics has been growing significantly in recent times with several security agencies using a combination of two or more biometric technologies for identification and authentication to obtain more precise outcomes. These biometric systems are more reliable as they can avoid spoofing attacks. Several countries like Japan, the US, the UK, France, Germany, and Canada are using multimodal biometric systems for border security and other government identification and registration
Overview of the global smart textiles market in the military sector
Technavio’s market research analyst predicts the global smart textiles market in the military sector to grow at a CAGR of close to 10% between 2016 and 2020. The growing need for supportive and performance-enhancing garments has led to the rapid induction of smart textiles in the military sector. Governments across the world are focusing on equipping their soldiers with the latest firearms including sophisticated military clothing that enhances soldiers' performance during combat operations. Moreover, the growing inclination towards camouflage optimization among military personnel has augmented the use of camouflage textiles in the military segment. These textiles not only protect the army personnel from visual and infrared light but also heat and sweat, subsequently ensuring that soldiers carry out their operations smoothly. Constant technological innovations in this market have led to an added range of functionalities and capabilities to smart textiles used in the military sector. Smart textiles are being integrated with adaptive insulation property to enhance warmth in military clothing, sleeping bags, and blankets. Also, manufacturers are developing smart textiles that have the potential for physiological and locational monitoring and energy harvesting.
The growing acceptance of smart textiles in the military sector has augmented the need for standardized testing and certifying methods for quality production. Standardization enables manufacturers and suppliers to connect their business with the value chain and grow along with the developing market. It also hastens the churn rate and deals with customization issues of suites that cause delay. Through standardization,
Overview of the global airborne intelligence, surveillance, and reconnaissance (ISR) market
Technavio’s market research analyst predicts the global airborne intelligence, surveillance, and reconnaissance (ISR) market to grow at a CAGR of almost 4% by 2021. Some of the major defense contractors across the globe are modernizing the existing airborne ISR systems such as MPA, special mission aircraft, and UAVs to enhance their vigilance systems that can gather information and help improve the combat readiness of the battalions. At present, there have been high investments in ISR payloads by developed countries such as the US and Japan to increase their border security, military intelligence, and surveillance. Countries worldwide are focusing on acquiring UAV remote sensors primarily due to changes in military missions, that includes a shift to net-centric warfare, growing low-intensity conflicts, and reduced tolerance to life losses.
One of the latest trends gaining traction in this market is the advent of advanced airborne radars. Raytheon has come up with a new model of Boeing P-8A Poseidon MPA which would be installed with a long-range and high-resolution surveillance radar. Under the AAS project, the vendor will develop a new design of the P-8A aircraft to conduct aerodynamic and structural tests of the AAS radar pod, which is an advanced prototype of the APS-149 LSRS. The AAS is incorporated with a double-sided AESA technology, which offers wide-area surveillance of land and sea areas and automatically detects moving targets and missiles. It can also deliver high-resolution imagery of surface areas from a long distance even in harsh climatic conditions, which could prohibit the use of EO/IR imaging.
Competitive landscape and key vendors
The global airborne ISR market is highly competitive with all the players competing to gain the
Overview of the global sensor-based gun systems market
Technavio’s market research analyst predicts the global sensor-based gun systems market to grow at a CAGR of over 5% during the forecast period. To strengthen the land border security potential, several countries across the globe including the US, India, South Korea, and Israel are making extensive investments in the development and procurement of advanced solutions such as sensor-based systems and weapons, which helps them intelligently track and neutralize unauthorized intrusions. The growing incidences of cross-border terrorism and illicit trafficking of weapons has prompted the defense agencies to make investments in homeland security and ensure control over cross-border infiltration. By the end of 2016, the Indian Army will install the first batch of automatic sensor-based guns along with the border fences. These systems can detect and neutralize unlawful trafficking autonomously. With increasing efforts on ensuring enhanced border protection system, the market for the sensor-based gun system is likely to witness substantial growth during the forecast period.
There has been an increasing inclination among security agencies to incorporate their law enforcement personnel with advanced military grade arms and ammunitions to ensure enhanced homeland security. Owing to such requirements, manufacturers are developing smart guns that cannot be used by anyone without the authorized personnel. Yardarm Technologies has come up with an Internet-connected gun, which employs sensors that send alerts to the police station as and when the gun is taken out of the holster. The gun not only tracks locations but also collects and distributes important information pertaining to the concerned agencies.
Competitive landscape and key vendors
The defense industry is involved in the research and development, design, and production of military materials, equipment, and facilities. The industry can be divided into two major segments: defense contractors and the arms industry.
Defense contractors are the organizations that provide products and services to military departments and governments. The arms industry produces guns, ammunition, military aircraft, and associated products.
Ongoing budget cuts and funding constraints are expected to be a major challenge for the defense industry over the next couple of years. Several major defense programs have been cancelled and new platforms lack funding support from customers.
Global revenues in the defense sector will likely continue to decrease in 2015 at an estimated rate of 1.3%. This will be offset by greater defense spending in the United Arab Emirates, India, Russia, Japan, and South Korea, as these countries work to equip their militaries with modern defense platforms and technologies.
The world’s biggest defense contractors include BAE Systems, Boeing Defense, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.