Rugged Equipment Market Scope
The rising global military expenditure in rugged equipment is one of the primary factors that are driving the Global Rugged Equipment market in the coming years. As Rugged Equipment has a wide number of applications such as Aerospace and Defense are moving towards Internet of Things (IoT) and cloud-based solutions with the help of rugged mobile computers. Rugged equipment includes those devices that are used in harsh conditions and extreme climatic conditions. These devices are ruggedized based on certain military standards that determine their resistance to dust, water, and vibration.
According to AMA, the Global Rugged Equipment market is expected to see growth rate of 3.38%
The market is appears to be concentrated due to the presence of few vendors. The competition in the industry is intensifying and is characterized by evolving standards, significantly changing smart technologies, and frequent new product developments, along with changing customer requirements. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Rugged Equipment market throughout the predicted period.
Curtiss-Wright Defense Solutions (United States), Extreme Engineering Solutions, Inc. (United States), Harris Equipment Company, Inc. (United States), Leonardo DRS (Italy), Aydin Displays (United States), Stealth computer (United States), WinMate (China), Mildef Group AB (Sweden), Aqeri Holding AB (Sweden), Bae Systems (United Kingdom), Raytheon Company (United States), Cobham Plc (United Kingdom), St Electronics (Singapore) and Ecrin Systems (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are I- Trenton Systems (United States), Kontron (Germany), Rockwell Collins (United States), Abaco Systems Inc. (Canada) and Aitech Defense Systems Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Rugged Equipment market by Type (Rugged Communication Equipment, Rugged Computers and Rugged Displays) and Region with country level break-up.
On the basis of geography, the market of Rugged Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, Russia, Spain, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In October 2018, Aitech Defense Systems Inc. has released NVIDIA Jetson TX2-based, low-power supercomputer with parallel processing architecture which was launched which has low cost, rugged and ultra-compact for heavy industrial and outdoor use Multiple Input output options for design flexibility and easy technology insertion.
Market Trend
- The rising number of data centers worldwide and its emergence due to increasing adoption of cloud computing.
- The number of data centers is expected to increase in the forecast period owing to the dependency on social media along with technological advancement.
Market Drivers
- Increasing military expenditure is triggering the growth of the market especially in APAC region
- Rising demand for portable communications among consumers such as inflatable Satcom antennas
- These antennas enable data transmission and communication even under extreme weather conditions and in rough terrains
- Implementation of MNVR program (Mid tier networking vehicular radio) which are highly mobile and secure and house all the equipment needed for battlefield communications.
Opportunities
- Incorporation of the Internet of things (IoT) in the Rugged Equipment Sector to improve productivity and communication
Restraints
- Increasing cost for training and recruitment for using rugged equipment such as military and defense sector
Challenges
- Cost factor associated with rugged equipment which is twice costlier then commercial equipment is posing a challenge for this market.
Key Target Audience
Rugged Equipment Manufacturers, Government and Regulatory Agencies, Military and Defense and Distributors, Suppliers, and Traders of Rugged Equipment