Global Force Protection Market Assessment

23
Global Force Protection Market Assessment Upcoming Modernization and New Procurement Programs to Sustain Revenues (Executive Summary) M840-16 Dec 2012

description

New Frost & Sullivan's analysis shows that subdued growth in traditional force protection markets offset by the potential in emerging Markets

Transcript of Global Force Protection Market Assessment

Page 1: Global Force Protection Market Assessment

Global Force Protection Market AssessmentUpcoming Modernization and New Procurement Programs to Sustain Revenues

(Executive Summary)

M840-16Dec 2012

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Contents of the Report

Section

Executive Summary

Market Overview

External Challenges: Drivers and Restraints

Forecasts and Trends

Soldier Segment Breakdown

Mobile Assets Segment Breakdown

Base Protection (Fixed Assets Breakdown)

North America

Latin America

Europe

APAC

Middle East

Africa

The Last Word

Appendix

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Executive Summary

Source: Frost & Sullivan.

The economic downturn is expected to have a minimal impact on the force protection market. Force Protection considerations would be the core of all future procurements.

Significant casualities in Iraq and Afghanistan have pushed most NATO nations to invest in force protection. This trend had boosted revenues in the previous decade.

Decreasing troop strength and reducing vehicle procurement numbers, changing force structure are expected to create demand for force protection systems during the forecast period.

The global market for force protection is estimated to be $ 70.85 billion during 2012 – 2021.

Improvised Explosive Devices (IEDs) are considered to be the major threat for the forces. This threat affects all the three segments considered in this study. (Vehicle, Soldier and Base).

There are multiple large scale opportunities in all the three force protection segments. However, base protection is expected to be the largest with revenues totaling up to $ 33.60 Bn.

The global soldier protection and vehicle protection markets are estimated to be worth $ 15.53 Bn and $ 21.70 Bn respectively.

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Forecast Period Market Growth Rate

2.4%

(CAGR, 2012-2021)

Executive Summary—Market Engineering Measurements

Market Stage

Growth

Market Revenue

$ 6.10 B

(2012)

Market Size for Last Year of Study Period

$ 7.55 B

(2021)

Force Protection Market : Global, 2012

For a tabular version click here.Stable IncreasingDecreasing

Note: All figures are rounded. The base year is 2011. Source: Frost & Sullivan analysis.

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Market Attractiveness Map- Americas

2 Brazil

4 Chile

Colombia5

6 Argentina

7

Peru

1 United States

3 Canada

8

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Venezuela

Op

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Market Size

High

Medium

LowLow Medium High

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10 Bolivia

Dominican RepublicMexico

Force Protection Market : Market Attractiveness Map, Americas, 2012-2020

2

3

(0-500 Mn) (500-2000 Mn) ( Above 2000 Mn)

(<0%)

(0-5%)

(5-10%)

(Above 10%)

Source: Frost & Sullivan analysis.

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Market Attractiveness Map- Europe

1

2

3

4

France

United Kingdom

Germany

Italy5

Turkey

6

7

The Netherlands

Spain

8

Poland

10

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Sweden

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Market Size

High

Medium

LowLow Medium High

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Greece

Finland

Force Protection Market : Market Attractiveness Map, Europe, 2012-2020

(0-500 Mn) (500-2000 Mn) ( Above 2000 Mn)

(<0%)

(0-5%)

(5-10%)

(Above 10%)

Norway

Source: Frost & Sullivan analysis.

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Market Attractiveness Map- Middle East

Op

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Market Size

High

Medium

LowLow Medium High

Force Protection Market : Market Attractiveness Map, Middle East, 2012-2020

12

3

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1

2

3

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Saudi Arabia

United Arab Emirates

Oman

Syria

5

5

6

Iraq

6

7

7

Kuwait

8

Jordan

8

9

Lebanon

Bahrain

9

(0-50 Mn) (50-500 Mn) ( 500- 2500 Mn)

(<0%)

(0-5%)

(5-10%)

Source: Frost & Sullivan analysis.

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Market Attractiveness Map- APAC

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Market Size

High

Medium

LowLow Medium High

1

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2

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6

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7

7

China

India

South Korea

Japan

Australia

Pakistan

Indonesia8

Taiwan

8

9

9

Thailand

10

10

Singapore 11

11

Malaysia12 New Zealand

12

13

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Sri Lanka

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15

Kazakhstan

15

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Mongolia

17 Brunei

18

17 18

16

(0-500 Mn) (500-2000 Mn) ( Above 2000 Mn)

(<0%)

(0-5%)

(5-10%)

(Above 10%)

PhilippinesBangladesh

Source: Frost & Sullivan analysis.

Force Protection Market : Market Attractiveness Map, APAC, 2012-2020

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Market Attractiveness Map- Africa

Op

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Market Size

High

Medium

LowLow Medium High

1

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South Africa

(0-10 Mn) (10-50 Mn) ( Above 50 Mn)

(<0%)

(0-5%)

(5-10%)

Egypt

Algeria

Morocco

Nigeria

Angola

Tunisia

Kenya

Uganda

Botswana

Ethiopia

Zambia

Chad

Congo

Source: Frost & Sullivan analysis.

Force Protection Market : Market Attractiveness Map, Africa, 2012-2020

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Executive Summary—CEO’s Perspective

2North American market would witness a negative growth of (1.6%) during the forecast period.

3

4

1

The APAC force protection market is estimated to be worth $16.08 Bn and is expected to have a highest growth rate of 10.2 %

Source: Frost & Sullivan analysis.

5Force protection considerations would be the core of all future procurements.

Demand for unmanned systems is expect to increase as countries would continue to deploy them for risky missions

European force protection market is expected to remain stable and revenues from APAC is expected to surpass European market in 2015.

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Force Protection Market Segmentation

Land

Clothing

Global Force Protection Market*Market

End- Users

Sub-Segments

Helmet

Bullet Proof

Segments SoldierMobile Assets

(Vehicles)Fixed Assets

(Base)

Armour

Unmanned Ground Sensors

Remote Weapon System

Counter IED

Vehicle Radar

Gunshot Detection

CRAM

Perimeter Fence

Unmanned Ground Sensors

Unmanned Systems (UAV/UGV)

Posts

Radar

Video Surveillance

Missile Defence Integrated Survivability

* Please note that the market size is a representation of the revenue opportunities available to the industry across platforms (new procurements). This does not include service spectrum of the market.

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Definitions and Scope

Source: Frost & Sullivan analysis.

Passive Active

Soldier Protection

Mobile Assets Protection (Vehicle)

Proactive

Ballistic Protection• Bullet proof vest• Helmet• Clothing

• Armour• Unmanned ground

sensors• C – IED sensors

• Vehicle Radar• Remote weapon

systems• CRAM• Gun shot detection

• Perimeter fence• Posts• Unmanned ground

sensors

• Radar• Unmanned Systems• Video Surveillance• Missile defence

Fixed Assets Protection (Base)

Integration with existing systems and Information sharing

This study assesses the market for force protection, identifying key trends and programs

as the military force protection market is mostly program driven.

The research study will cover 98 countries and will consider soldier, vehicle and base

protection.

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Definitions

Soldier All Infantry Soldiers. Includes both vehicle mounted and dismounted troops.

Mobile Assets Active vehicle platforms. Includes main battle tanks, armoured personnel carriers, armoured infantry fighting vehicles, special & support vehicles.

Fixed Assets Forward operating bases, domestic and foreign bases, troop garrisons.

Clothing Apparel including camouflage fabric, boots, field packs, CBRN protection clothing etc.

Helmet Advanced combat helmets and regular soldier protection headgear.

Bullet Proof Ballistic tactical vests with protection against projectiles, shrapnels etc.

Soldier

Sub-Segment Definitions

End User Segments

Source: Frost & Sullivan analysis.

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Armour External and interior vehicle armour.

Counter IED Blast attenuation seats, blast foot pads, deflection designing.

Unmanned Ground Sensors Tactical unmanned sensors to clear routes, alert system to protect parked vehicles.

Radar Vehicle mounted radar, ground penetrating and ground surveillance radars.

Remote Weapon System Remotely operated weapon system

Gun-Shot Detection Gunfire locating sensors operating based on acoustic ,optic or any other technologies

Perimeter Fence Intrusion deterrent fencing like barbed wire, electric fences and associated sensors.

Posts Protection for military outposts.

Unmanned Ground Sensors Portable ground sensors, which don’t have mobility.

Radar Base radar station.

Unmanned Systems Mobile unmanned systems. UAV and UGVs.

Video Surveillance Fixed installations capable of providing continues day/ night surveillance.

Missile Defence Anti ballistic missile systems capable of providing active protection to militay installations

Integrated Survivability Electronics enabling integrated survivability and seamless communication among various protection systems..

MobileAssets

FixedAssets

Definitions

Source: Frost & Sullivan analysis.

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Geographical Scope - Country Groups

APAC

Australia Malaysia Srilanka

Bangladesh Mongolia Taiwan

Brunei Nepal Thailand

China New Zealand Vietnam

India Pakistan Japan

Indonesia Philippines Kazakhstan

Singapore South Korea

Europe

Austria Germany Portugal

Belgium Greece Romania

Bulgaria Hungary Slovakia

Norway Italy Slovenia

Denmark Netherlands Spain

Finland Czech Republic United Kingdom

France Poland

Sweden Turkey

Middle East

Bahrain Oman

Iraq Saudi Arabia

Israel Syria

Jordan United Arab Emirates

Kuwait

Lebanon

The countries have been grouped as below. All regional forecasts figures are summation of market values of the respective group countries. The research study will cover 98 countries which represents more than 95% of the global defence budget. Countries have been classified according to their strategic intent, level of military engagement and defence budgets

Source: Frost & Sullivan analysis.

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Geographical Scope - Country Groups

Africa

Algeria Chad Kenya Rwanda

Angola Congo Madagascar Senegal

Botswana Congo,D.R Mali South Africa

Burkina Faso Egypt Morocco Tunisia

Cameroon Ethiopia Namibia Uganda

Cape Verde Gabon Niger Zambia

Central African Republic Ghana Nigeria Zimbabwe

Latin America

Argentina El Salvador Venezuela

Bolivia Guatemala Dominican republic

Brazil Honduras Ecuador

Chile Nicaragua Peru

Colombia Paraguay Uruguay

North America

Canada

Mexico

United States

Source: Frost & Sullivan analysis.

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Market Drivers and Restraints M

arke

t D

rive

rsM

arke

t R

estr

ain

ts

1-2 years 3-5 years 6-10 years

Decreasing Vehicle Procurement numbers and Troop Strength

Recapitalizing equipment due to budget constraints

Force Modernization

Source: Frost & Sullivan analysis.

Budget Constraints

High Medium-High

Medium Low

Ongoing Combat Operations

Withdrawal from Afghanistan

Force Protection Market: Key Market Drivers and Restraints, 2012-2021

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Market Overview—Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?

What are the recent and expected trends in the force protection market ?

What are the major programs that would support force protection market?

What segments, technologies make up the market?

What are the leading market drivers and restraints ?

Source: Frost & Sullivan analysis.

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Appendix

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Legal Disclaimer

Frost & Sullivan takes no responsibility for any incorrect information supplied to us by

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publisher.

For information regarding permission, write to:

Frost & Sullivan

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Mountain View, CA 94041

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Market Engineering Methodology

One of Frost & Sullivan’s core deliverables is its Market Engineering studies. They are based on our proprietary Market Engineering Methodology. This approach, developed across the 50 years of experience assessing global markets, applies engineering rigor to the often nebulous art of market forecasting and interpretation.

A detailed description of the methodology can be found here.

Source: Frost & Sullivan research.

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Learn More—Next Steps

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Do all of the above and more at Frost.com

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Contact Details

Aman Pannu

Senior Consultant ,

Aerospace, Defence & Security

+44 (0) 20 7343 8361

[email protected]

4, Grosvenor Gardens

London

SW1W 0DH

United Kingdom

www.Frost.com

Mahendran Arjunraja

Senior Research Analyst,

Aerospace, Defence & Security

[email protected]