Military Helicopter MRO Market will reach $10,2bn in 2013

Helicopters are essential in military operations as most recently demonstrated by their performance in Iraq and Afghanistan. The shift from conventional to asymmetric warfare requires more platforms to operate increasingly in challenging environments. Although military budget cuts threaten programmes in North America and Europe, the emerging markets of the Middle East, Asia and Latin America offer significant opportunities for the Military Helicopter MRO industry. As a consequence, Visiongain has determined that the value of the military helicopter MRO market in 2013 will reach $10,2bn.

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The global military ground vehicle MRO market at $5.66bn

In the past decade the demand for military ground vehicle acquisition has been driven by the long overseas deployment of US and European forces. The challenges of counterinsurgency campaigns in Iraq and Afghanistan have both taken a toll on existing vehicle fleets and prompted the development of new platforms better suited to asymmetric warfare. Both of these factors have driven the global market for ground vehicle maintenance, repair and overhaul (MRO) to strong and stable growth, which despite the uncertainty caused by withdrawal of US and allied forces from Afghanistan, is expected to continue. Visiongain has valued the global military ground vehicle MRO market at $5.66bn in 2013.
The growth forecast in the global market is not expected to be uniform, however, as the ending of combat operations is expected to have an inevitably negative effect on the large US national vehicle MRO market. Weak growth in the largest national vehicle MRO market is predicted to be compensated for by strong expansion in several other states, as well as the Rest of the World market.
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The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022.

 The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022. The market consists of three categories: communications, ISR and navigation. The communications segment is expected to account for 52.8% of the global military satellite market, followed by the ISR segment with a share of 28.4%, and navigation with the remaining 18.8%.


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Global military communications & COTS market will reach $17.46bn in 2013

Effective, efficient and reliable military communications remain one of the most integral components of any modern military force. Diverse yet highly connected, network centric theatres of operations demand robust, wide ranging and accurate communications equipment and services in order to share, process and distribute vital real-time situational data. As a consequence, investment in military communications systems and services is set to continue throughout the next decade, despite significant budget cuts, economic limitations and potential technological challenges. Visiongain has therefore determined that the value of the global military communications & COTS market will reach $17.46bn in 2013.
 
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The Man-Portable Military Electronics Market is valued at $2.77bn indicating the considerable business opportunities available

With a very mature collection of technologies proven in combat by the US, the Military man-portable electronics market shows potential for strong growth as other countries seek to modernise their soldiers' equipment. Although the very high end of the market is expected to suffer from budget cuts in the US and Europe as well as the ISAF withdrawal from Afghanistan, simpler devices such as soldier radios, night vision goggles, laser designator and rangefinders, are likely to thrive in markets currently lacking such capabilities. Currently, the man-portable military electronics market is valued by at $2.77bn indicating the considerable business opportunities available.
 
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The Military Fighter Aircraft Market Is Set For A Period Of Great Activity

The military fighter aircraft market is set for a period of great activity over the coming decade, as the demand for 5th generation fighter jet capability continues among the world's leading military nations. Budget restraints and spiralling costs related to fighter aircraft programmes will act as a drag on the market; however the advent of major projects such as the F-35 Joint Strike Fighter (JSF), coupled with increased procurement from emerging nations, will drive the military fighter aircraft market at $34.37bn in 2012.

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