Military Vetronics Market Size, Share, Trend, Forecast, Global Analysis, and Growth Opportunity: 202
The military Vetronics market was valued at US$ 4.5 Billion in 2021 and is expected to grow at a CAGR of 4.7% during 2022-2028 to reach US$ 5.3 Billion by 2028. Vetronics is a portmanteau of the words ‘vehicles’ and ‘electronics’ that is used to describe electronics and communications used in military and homeland security vehicles for effective operations. Vetronics systems are responsible for handling and controlling many critical operations such as inter-vehicle communication, mobility systems, and self-protection.