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Wireless Military Defense Vehicle Intercom System Will Become the Main Trend and Technical Personnel is Key to Enterprises

The military Defense vehicle intercom system is a suite of hardware infrastructure and software applications. The purpose is to communicate between several military tactical vehicles. The intercom system consists of units that allow connection of various types and car radios of different manufacturers and other units (such as earphones, speakers, PA systems, live phones, etc.).

The wired system uses a wire to exchange data between various devices, which can provide a clear conversation experience, but it is not convenient to move. The wireless system is a telecommunications device that enables voice communication without wires as a medium. Wired system are private in nature, as long as the wiring system is not intercepted by outsiders. Wireless intercom devices are not inherently private devices. The audio stream needs to be encrypted to maintain privacy and security.

In 2019, the market share of these two types of communication systems was 39.37% and 60.63%, respectively.

Depending on the needs of downstream customers, the Military Defense Vehicle Intercom System can be used for Аrmоrеd Vеhісlеѕ, Lоgіѕtісѕ and others, including tanks, reconnaissance vehicles and so on. Its main purpose is to form a barrier-free, timely, and safe information transmission between the crew and between vehicles. In 2019, the market share of intercom systems for armored vehicles and logistics vehicles was 70.39% and 20.87%, respectively.

Global Political Environment Affects the Demand and the COVID-19 Will not Hinder the Development of this Industry

North America was the largest revenue market with a market share of 43.73% in 2015 and 43.40% in 2019, a decrease of 0.33%. In 2019, the Europe market share was 31.30%, ranking second. Global Military Defense Vehicle Intercom System companies are mainly from USA and Europe; the industry concentrate rate is moderate. The top three companies are Соbhаm, Наrrіѕ, Elbit Systems with the revenue market share of 19.00%, 11.09% and 7.41% in 2019.

According to the latest data from the Stockholm International Peace Research Institute (SIPRI), total global military expenditures in 2019 increased to US$1.917 billion. Total expenditures in 2019 increased 3.6% over 2018, the largest annual increase in expenditures since 2010. The five countries with the largest spending in 2019 are the United States, China, India, Russia and Saudi Arabia, which accounted for 62% of spending. The increase in military spending is mainly due to competition and tensions among major powers. For example, the friction between the United States and China is becoming more and more intense, and it is likely to develop from a trade war to a substantial war. China feels that the United States is trying to curb its rise as a global economic power, and US President Donald Trump has long accused China of engaging in improper trade practices and theft of intellectual property. Unbalanced economic development, increased trade friction, geopolitical turmoil, terrorist attacks and other factors have strengthened the sense of crisis of the troops, indirectly stimulated downstream demand, and thus promoted the development of the industry.

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The widespread of the virus, economic recession, political turmoil, war expectations and other factors have made governments still not relax their investment in military equipment in this special period. So, the demand side has not actually been affected much. Argentina recently placed a $100 million military order with the United States, which includes intercom systems. Half a year has passed since the Covid-19 outbreak, and the number of confirmed cases is still increasing. It has now exceeded 28,000,000, and there has not yet been a clear turning point. The ultimate impact of the epidemic on the industry will depend on the development of the epidemic. However, if the epidemic continues to worsen and lead to war, the industry will benefit.

Global Military Defense Vehicle Intercom System Industry Market Forecast

According to our research, the Global Military Defense Vehicle Intercom System market has a total revenue of 213.82 M USD back in 2015, and increased to 272.76 M USD in 2019. We made a series of functional calculation and deduced the data of past 5 years with scientific model. Finally, we made the prediction that the value of Global Military Defense Vehicle Intercom System markets can be 385.50 M USD by 2025. The CAGR of Global Military Defense Vehicle Intercom System is 6.82% from 2020 to 2025.

In modern society, wireless has become a trend. Because the wireless system not only facilitates the communication between vehicles, but also saves space and details of the annoyance, so the degree of popularity is relatively high. With the improvement of wireless systems and technologies, high-capacity, digitalization, and modularization is becoming a trend. It is expected that wireless systems will account for an increasing proportion of the market.

Key technical personnel are the key to the survival and development of companies, and also the basis for the continued competitive advantage. When the U.S. Space and Naval Combat Systems Command hoped that the industry could create a wireless system to facilitate communication between the soldiers, the industry elite finally met the needs of customers. Now wireless systems have become an important part of American military equipment and are welcomed by foreign countries. For example, Argentina recently requested the purchase of US$100 million in military equipment, including the AN/VIC-3 vehicle intercom system. As the s demand for professional and technical personnel increases, competition for talent has intensified. If the company cannot provide a better development platform, more competitive salary and good R&D conditions, there is still the risk of losing key technical personnel. If the company fails to continuously introduce and motivate top technical personnel and increase talent training, the company will face the risk of insufficient technical personnel, which may lead to backward technological breakthroughs, hindering industrial development.

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