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U.S. DEFENSE ELECTRONICS MARKET PROJECTED TO GROW, DRIVEN BY WORLD EVENTS AND POLITICS
Mar 12, 2018
FORECAST INTERNATIONAL: MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET STABILIZING
Feb 26, 2018
FORECAST INTERNATIONAL: RECAPPING GLOBAL DEFENSE SPENDING FOR 2017, EYEING FUTURE GROWTH
Feb 05, 2018
FORECAST INTERNATIONAL: ELECTRICAL GENERATION GAS TURBINES WILL SEE SALES INCREASE, BUT OVERCAPACITY LOOMS
Dec 05, 2017
FORECAST INTERNATIONAL: MARINE GAS TURBINE EVOLUTION SLOW BUT STEADY
Nov 29, 2017
FORECAST INTERNATIONAL: BIZJET MARKET RECOVERY ON THE HORIZON
Nov 08, 2017
FORECAST INTERNATIONAL PROJECTS $22.2 BILLION LIGHT MILITARY ROTORCRAFT MARKET OVER 15 YEARS
Oct 24, 2017
FORECAST INTERNATIONAL PREDICTS $213 BILLION REGIONAL MARKET OVER 15 YEARS
Sep 26, 2017
FULL SPEED AHEAD FOR ANTI-SHIP MISSILE MARKET
Sep 13, 2017
AIRCRAFT CARRIERS MARK GROWTH OF REGIONAL NAVIES
Sep 12, 2017
TWO SHIP COLLISIONS RAISE QUESTIONS
Aug 24, 2017
RISING TENSIONS IN THE KOREAN PENINSULA HIGHLIGHT THAAD MISSILE'S KEY ROLE
Aug 10, 2017
FORECAST INTERNATIONAL LAUNCHES IMPROVED U.S. DEFENSE BUDGET DATABASE
Aug 08, 2017
FORECAST INTERNATIONAL: BOEING ON A ROLL; BOTH CIVIL AND MILITARY MARKETS REMAIN STRONG
Aug 01, 2017
DEFENSE FIRMS SEE STRONG GROWTH POTENTIAL AS UPSWING BEGINS
Jul 18, 2017
COMMERCIAL COMSAT MAKERS CASHING IN ON HOT MARKET
Jul 12, 2017
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION TURBOSHAFT MARKET WORTH $34 BILLION
Jun 20, 2017
FORECAST INTERNATIONAL PREDICTS $4.15 TRILLION LARGE JETLINER MARKET OVER 15 YEARS
Jun 19, 2017

Press Release

Contact: Dean Lockwood, Weapons Systems Analyst

Phone: (203) 426-0800

Fax: (203) 426-1964

Web site: www.forecastinternational.com

E-mail: dean.lockwood@forecast1.com

Forecast International, Inc.

22 Commerce Rd. Newtown, CT  06470 USA

 

FOR IMMEDIATE RELEASE

Samsung Techwin K9 Thunder Continues to Drive the Self-Propelled Artillery Market

 

NEWTOWN, Conn. (May 3, 2006) ― The international market for self-propelled artillery remains a highly competitive and dynamic environment. In its annual analysis "The World Market for Self-Propelled Artillery Systems" the Forecast International Weapons Group expects the market will produce over 4,500 self-propelled artillery systems, worth about $14.03 billion, through 2015.

 

Dean Lockwood, a weapons systems analyst at Forecast International, notes that the market reflects three design factions. Most armies rely on tried-and-true older designs, such as the classic BAE Systems Land & Armaments (formerly United Defense LP) M109 series. Newer designs tend to borrow liberally from this benchmark design. According to Lockwood, “Reflecting the basic design concept of the M109 style of self-propelled howitzer, the Samsung Techwin K9 Thunder program continues to stand out as the clear market leader.” We expect the K9 Thunder (along with its licensed TUSpH Storm program in Turkey) will account for 21.76 percent of all self-propelled howitzer production worldwide, worth a commanding 31.02 percent of the market, through 2015.    

 

Competing with the M109-style design is the emerging class of wheeled self-propelled artillery designs, optimized for the rapidly deployable medium force option. Designs such as the General Dynamics Land Systems Stryker Mobile Gun System (MGS) and the Giat Industries CAESAR offer the advantages of lighter weight and enhanced mobility, as well as lower production and maintenance costs. Lockwood notes that, “Over the past five years, our forecast regarding the combined market share of wheeled designs has doubled.” We now expect the wheeled systems will account for 7.64 percent of all new production, worth 8.37 percent of the market, through 2015. 

 

At the extreme high end of the market, we find the truly state-of-the-art systems, notably the Krauss-Maffei Wegmann Panzerhaubitze 2000 and the Mitsubishi Type 99, which command correspondingly high-end unit prices. In terms of forecast production, both the PzH 2000 and the Type 99 remain relatively minor players, accounting for only 6.26 percent and 3.26 percent, respectively, of all new production through 2015. Yet, according to Lockwood, “These programs continue to be significant factors in terms of market value.” Through 2015, we expect the PzH 2000 will account for 11.44 percent of the total market value; the Type 99 will maintain a market value share of 9.58 percent during that period.

 

Despite the uncertainties of the post-Cold War world, new threat scenarios, and transformational military doctrines, conventional tube artillery continues to offer an unmatched capability to reliably deliver accurate and effective fire under all conditions -- when and where the infantryman needs it.

 

Forecast International, Inc. is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics.  Based in Newtown, CT, USA, Forecast International specializes in long-range industry forecasts and market assessments utilized by strategic planners, marketing professionals, military organizations, and governments worldwide.  To arrange an interview with Forecast International’s analysts, please contact Monty Nebinger (203-426-0800), monty.nebinger@forecast1.com

 

 

 



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