PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Declining Budgets and Falling Procurement Could Put Brakes on European Military Land Vehicles Market Cautions Frost & Sullivan - Dual Focus on Cost-effective Products and Planned Military Modernisation Programmes to Help Suppliers Stay on Track
Declining Budgets and Falling Procurement Could Put Brakes on European Military Land Vehicles Market Cautions Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/09/07 - Dual Focus on Cost-effective Products and Planned Military Modernisation Programmes to Help Suppliers Stay on Track.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Legacy military equipments in most European armies are 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.

New analysis from Frost & Sullivan (aerospace.frost.com), European Military Land Vehicles Market Assessment, projects total market revenues at $ 4.52 billion in 2010 and it is expected to reduce to $ 2.01 billion in 2018. The reduction in revenues is mainly due to cuts in spending; however lack of visibility on future programs that might arise after 2015 is also to be considered. The following market sectors are covered in the research: military land vehicles and unmanned ground vehicles.

"At present, urgent operational requirement (UOR) procurements represent an important market driver," remarks Frost & Sullivan Senior Research Analyst Mahendran Arjunraja. "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."

Although European countries are curtailing their defence budgets due to the current economic turmoil, 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. Therefore, governments have been changing their focus from quantity to quality. Countries like France, Germany, the United Kingdom and Turkey would be the major markets during the forecast period.

"The noticeable trend in the European land combat vehicles market is the reduction of vehicle procurement numbers," notes Arjunraja. "In the future, defence suppliers will be unable to enjoy economies of scale unless they innovate. Focusing on other global emerging markets might be also a solution to keep the market share."

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 Arjunraja. "Companies which had been benefiting from UOR procurements should start focussing on opportunities in planned defence procurement programmes."

Please find attached the Market Opportunity Map for European Military Land Vehicles Market.

If you are interested in more information about this study, please send an email with your full contact details to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com.

European Military Land Vehicles Market Assessment is part of the Defence Growth Partnership Services programme, which also includes research in the following markets: European Homeland Security, European Vehicle Survivability Market Assessment and Revenue Opportunities and Stakeholder Mapping in the French Land Defence Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

European Military Land Vehicles Market Assessment / M706

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


Declining Budgets and Falling Procurement Could Put Brakes on European Military Land Vehicles Market Cautions Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Joanna Lewandowska 
+48 22 48 16 220 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Newswires:

GE Showcases Innovative and Efficient Solutions for International Workboat Show
Leonardo - Life Flight Network of US Orders Two Additional AW119Kx Helicopters
DCNS Announces Partnership with Indigenous Defence Consortium
Thales to Upgrade Collins Submarine with Latest Generation Sonar Systems
Leonardo Inaugurates New Maritime Navigation Support Centre At Izmit in Turkey
Leonardo to Exhibit At PMR Expo Following A String of Professional Mobile Radio Successes in 2016
First Royal Navy AW101 Merlin Mk4 Makes its Maiden Flight
Leonardo Wins Contract to Secure the Port of Pointe Noire in the Republic of Congo
Safran’s Sigma 30 Artillery Navigation and Pointing System Wins New Export Contract
Leonardo Demonstrates C-27J Capabilities in Latin America
DCNS/OpenHydro to Partner with PT AIR to Develop Indonesian Tidal Energy Industry
Leonardo's SAGE ESM Enters Service on Indonesian Air Force CN-235 Maritime Patrol Aircraft
DCNS Present At IndoDefence 2016
Leonardo Welcomes Raytheon's Selection of U.S Site to Assemble the Air Force Jet Trainer
New HE-MRO Centre will Support Indian Helicopter Operators

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)