Competitors in the European Air Battle Space Market to Develop Sophisticated Technology and Benefit From Potential Growth Opportunities18 January 2006
The requirement for different technologies within each vertical segment of the European air battle space management (ABSM) market has encouraged several competitors to step into the market but has also rendered it difficult for any one company to exclusively dominate it.
The market (comprising static ground-based systems, deployable ground systems, air platforms and missile defence systems) is undergoing changes and estimates reveal that $14.00 billion is likely to be spent on ABSM from 2003 to 2014.
With NATO in the process of upgrading its ABSM program to a single common system that can be used by all NATO forces, revenues in the static ground-based systems segment are set to grow. Members are also making efforts to provide the necessary hardware and software to integrate or replace legacy ABSM equipment across the alliance. The Air Command and Control System (ACCS) is projected to have a fully deployable component that is likely to provide NATO with the capacity to deploy a ground-based ABSM facility during expeditionary and littoral operations.
"Moreover, the procurement of commercial off-the-shelf (COTS) technology will assist in reducing the high costs involved in research and development and the trend of investing in new technology and integrating it with existing legacy equipment will further contribute to the growth of the static ground-based systems market," says a senior Frost & Sullivan defence analyst (http://defense.frost.com).
The deployable ground-based systems market is also likely to grow, with an increased emphasis on deployable assets and out-of-area operations. This shift in focus, away from the European mainland, has encouraged greater investment in littoral and expeditionary operations and this trend, together with the global war on terror will also spur revenue growth in this segment. It is likely that the deployable ground-based systems market will reach $843.1 million between 2005 and 2014.
Countries are also developing a growing range of air platforms (aircraft) to support both expeditionary and domestic operations. "This is crucial in situations when it becomes impossible to employ ground-based systems in certain regions and out-of-area operations are essential", says Frost & Sullivan analyst. As a result, uptake of air platforms is set to expand.
Moreover, upgrades of maritime patrol aircraft, plans by the United Kingdom for an extensive airframe and avionics upgrade and airborne early warning and control (AEW&C) upgrades to modernise fleets will further contribute to the growth of the air platforms market.
However, while the modernisation of fleets under the radar system improvement programmes (RSIPs) will drive the air platforms market, some of the replacement programmes will remain in the design and development phase until 2010. Moreover, once nations have completed the acquisition of their intended projects, the market may be inactive for a while.
Missile defence is yet another vertical that has been receiving increasing prominence due to the threat of nuclear, biological and chemical weapons missile strikes. Difficulties associated with controlling increasing missile proliferation and progressively sophisticated missile technology will contribute to the growth of the missile defence segment. Here, strategies will be formed to develop an alliance defence system to protect nations from the threat of cruise and ballistic missiles.
The NATO missile defence programme is likely to cost in excess of $30 billion. However, the missile defence industry will remain unpredictable until NATO publishes the results of its missile defence feasibility study in 2006. If NATO decides to develop this capability, the missile defence market will experience phenomenal growth and is likely to reach $83.8 million between 2005 and 2014.
To meet the need to effectively command and control the air battle space, countries are developing several platforms and ground systems and the air space battle management market is poised for growth, despite some anticipated fluctuations.
If you are interested in a virtual brochure, which provides manufacturers, end-users, and other industry participants an overview of the latest analysis of the European Air Battle Space Management Platforms Market (B455-16), then send an e-mail to Srividhya Parthasarathy, Corporate Communications, at sparthasarathy@frost.com with the following information: your full name, company name, title, telephone number, fax number and e-mail address. Upon receipt of the above information, an overview will be sent to you via e-mail.
Background
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
Media Contacts:
Europe:
Srividhya Parthasarathy
Corporate Communications
P: +91-(044)-52044668
E: sparthasarathy@frost.com
Americas:
Tolu Babalola
Corporate Communications
P: +1-210-477-8427
F: +1-210-348-1003
E: tolu.babalola@frost.com
India:
Samantha Unnikrishnan
Corporate Communications
P: +91-44-42044667
E: sunnikrishnan@frost.com
Asia Pacific
Donna Jeremiah
Corporate Communications
P: +603-6204-5832
E: djeremiah@frost.com
Australia:
Sharmin Jassal
Corporate Communications
P: +61-2-8247-8900
F: +61-2-9252-8066
E: sharmin.jassal@frost.com
List of keywords in this press release: air battle space management platforms, aircraft, air platform, ABSM, border surveillance, missile defence systems, NATO, space management, static ground-based system, sensor, deployable ground-based systems, air command and control system, ACCS, commercial off-the-shelf technology, COTS technology, airborne early warning and control, AEW&C, maritime patrol aircraft, fleet modernisation, radar system improvement programmes, RSIP, missile proliferation, avionics upgrade, cruise missiles, ballistic missiles, NATO missile defence programme
List of Key Industry Participants: AMS, BAE Systems, Boeing, EADS, Ericsson, IBM, INSYS, Intelcan, Lockheed Martin, Northrop Grumman, QinetiQ, Raytheon, Raytheon Systems Ltd UK, Schall, Thales and Ultra
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Computer Hardware Articles
|
