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Market Outlook Report on Asia Pacific Land Defence Systems

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Research And Markets
: 19 April, 2010  (New Product)
Research and Markets is stocking the Asia Pacific Land Defense Systems Market Outlook report from Frost and Sullivan
Research and Markets has announced the addition of Frost & Sullivan's new report 'Asia Pacific Land Defense Systems Market Outlook' to their offering.

This Frost & Sullivan research service titled Asia Pacific Land Defense Systems Market Outlook provides an in-depth analysis of the market drivers and restraints, industry structure, and competitive environment, besides dealing with the challenges and issues faced by market participants. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: armoured vehicles, artillery, missiles, command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) technologies, and firearms.

The growing need to implement modern technologies to replace ageing equipment has boosted prospects for the Asia Pacific land defence systems market. Threats in the form of illegal trafficking, piracy, and terrorism are rampant across the region, and it is vital for countries to be properly equipped to thwart these attacks. Ageing defence systems have increased the importance of military upgrades and replacements in this region. Both local and foreign defence contractors have opportunities to showcase modern land defence systems to better equip countries in Asia Pacific and augment defence mechanisms. Modern land defence technology is expected to drive the market for highly capable, reliable, and cost-efficient systems to protect against foreign and domestic threats. 'Network-centric warfare (NCW) is one of the factors triggering military modernization and a more network-oriented military defence structure,' notes the analyst of this research service. 'With the world shifting toward NCW, priorities are placed in information superiority over enemy forces, providing an advantage early in battle.' Interoperability between different land defence systems will offer Asia Pacific countries the advantage of situational awareness and ramp up defence capabilities.

Although market prospects look upbeat, high procurement costs are deterring smaller nations from upgrading their land defence systems. Next-generation land defence systems easily cost up to millions and thus, are very expensive for developing countries, which are yet to make their procurement decisions. These systems are increasing in cost as the research and development costs involved are exorbitant. With developed countries looking to produce their own capabilities in this segment, the funding for technological improvements will continue to rise, increasing the price and costs for end users. High investments in the development of these land defence systems are limiting the growth of the local land defence systems industry, and most countries are still acquiring systems from foreign companies. Having a good relationship with targeted countries will provide better understanding of the needs and requirements of the respective governments in terms of defence procurement practices. Through these relationships and strategic alliances with local companies, a good competitive strategy can be worked out to improve a country's capability to develop indigenous land defence systems without depending on western expertise.

Going forward, communication systems, radars, and ISR systems are expected to see growth in the land defence systems market together with other market segments such as armoured vehicles, missiles, artillery, and firearms. Information superiority, situational awareness, and network-centric systems are the key factors in modern defence tactics, which also determine the direction of future military land defence systems upgrade and procurement programs. Participants in this space must intensify research and development effort to unleash more reliable and cost-effective products. Moreover, strategic alliances must be established with local business partners to facilitate market penetration. Apart from improving chances of local presence, such initiatives would also promote system interoperability.

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

* Armoured vehicles
* Artillery
* Missiles
* Command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR)
* Firearms

The following technologies are covered in this research:

* Radar
* Battle Tanks
* Rifles
* Anti-tank weapons
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