LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global military load carriage systems market report. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
The growing number of military bases across the globe is a major driver of the market, as it would result in the increased development and deployment of military load carriage systems to augment the combat readiness of the armed troops.
The regional tensions in the Middle East (especially in Iran, Iraq, Israel, Lebanon, and Turkey) and Eastern European countries (especially in Belarus, Bulgaria, Greece, Italy, and Ukraine) are driving the need for military load carriage systems.
Competitive vendor landscape
According to the report, in-house manufacturing capabilities, newer technologies, global footprint network, product offerings, R&D investments, and strong client base have become the key areas to have an edge over the competitors.
“The global military load carriage systems market is highly competitive, and vendors compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-effective and high-quality load carriage systems equipped with latest technologies to survive and succeed in an intensely competitive market environment,” says Moutushi Saha, a lead defense analyst from Technavio.
The growth of the market vendors is dependent on the market conditions, government support, and industry development. Thus, the vendors should focus on expanding geographically and improving their products. The major vendors in the market compete in terms of quality, price, availability, and technology, against each other. They primarily focus on the implementation of lightweight materials, electric technologies, and robust systems.
Request a sample report: http://www.technavio.com/request-a-sample?report=53264
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Top five military load carriage systems market vendors
The company is a developer of some major military load carriage systems that are employed in the military forces, worldwide. The equipment, systems, and the body wear developed by the company are International Organization for Standardization (ISO) certified.
The company also initiated the Dyneema Anti Stab Technology program. Under the program, the company produces anti-stab vests, which can reduce the weight of the overall system, increase the comfort, and enhance the mobility of the soldiers.
The company has been developing body armor, helmets, armor inserts, and load carriage equipment for the military forces, across the globe, for over 15 years. It also developed the MOLLE system, the next-generation XSAPI (which is similar to the ESAPI, with additional ballistic protection), and the ESBI and XSBI body armor inserts. It also develops and provides the Improved Outer Tactical Vest (IOTV) and Releasable Body Armor Vest (RBAV), which are used by the US armed troops.
Boston Dynamics began its operation as a spin-off from a US-based private research university, Massachusetts Institute of Technology. It manufactures advanced robots with improved mobility, dexterity, agility, and speed. It uses sensor-based computation and control to enhance the capabilities of complex mechanisms.
The company developed quadruped robot, namely AlphaDog, for the US Army with funding received from the DARPA as a part of its Biorobotics Program initiated in 2002. In a recent announcement in January 2016, the US Marine Corps Warfighting Laboratory has put a hold on the further deployment of AlphaDog, citing concern regarding the excessive noise produced during its operation.
CQC provides integrated soldier systems for greater capability, lethality, and survivability of the armed troops.
The company developed the Osprey body armor system that is equipped with modular capability, allowing the dismounted troops to modify the system's configuration, according to the mission-specific needs. The body armor system is designed to provide flexibility in the weight distribution and in the integration of ballistic protection, without compromising on combat effectiveness. The company has delivered over 275,000 Osprey systems to the military forces, worldwide.
The company developed exoskeleton technologies that can enhance the operational capabilities of the military forces and simultaneously improve the endurance and safety of the soldiers. These lightweight wearables are designed to increase the efficiency, effectivity, and productivity of the soldiers and prevent injuries.
The company developed the HULC for the US Army Natick Soldier Research Development and Engineering Center (NSRDEC) that certified the use of the exoskeleton system. It evaluated its potential and concluded that it could reduce the chances of fatigue and strain for the soldiers who carry heavy bulk over long distances.
The other prominent vendors are:
- Australian Defence Apparel
- Pivotal Defense Solutions
- Sarkar Defence Solutions
Browse Related Reports:
- Global Military Infrastructure and Logistics Market 2016-2020
- Global Military Mobile Computing Systems Market 2016-2020
- Global Military Support Vehicles Market 2015-2019
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact email@example.com with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.