DUBLIN, Ireland, 22 Jan. 2008.Research and Markets has added a new Frost & Sullivan report, "North American Military Power Supplies Market," to its offering.
The Frost & Sullivan research report, "North American Military Power Supplies Market," provides an overview of the market revenues of various end-user markets. It covers both AC-DC and DC-DC type power supplies. It talks in-depth about the market trends, market forecasts, revenue forecasts, and market share analysis for product types and for application segments. In this research, Frost & Sullivan's analysts examine the following end-user sectors: military ground, Navy, aerospace, space, and others.
Increased use of electronics in the battlefield, supplemented by a hike in budget allocation and military spending, has given a thrust to the military power supplies market in North America.
The heightened focus on military readiness has necessitated a greater use of electronics in military systems. Radio communication equipment, night vision goggles, and other electronic equipment have become essential items in a foot soldier's backpack. Digitizing the battlefield would improve reaction time and save time and lives.
Power supplies have played a large role in driving the systems aboard military vehicles.
Customized solutions in military applications have seen a fall in demand due to the rapidly rising popularity of commercial off-the-shelf (COTS) products. This has triggered price wars, as users are content with the more proven COTS products than the lesser known customized ones. This will adversely affect the power supplies market, as users will be reluctant to pay for the engineering cost involved in designing power supplies. This situation can be resolved to an extent by modifying COTS products without compromising on military specifications and requirements.
"Major defense original equipment manufacturers (OEMs) subcontract their power supplies from regular vendors, as it is a cost-effective solution and gives them exposure to a wide range of products," notes the analyst. "It will also enable them to find manufacturers that could meet their custom design demands." Since OEMs have to deal with specific requirements for various applications, they could do well to source the power supply from these niche participants.
