The strategies employed to gain a significant market share in this growing industry have been varying from product launches, mergers and acquisitions, partnerships and collaborations, contracts, and other strategies. This segment provides comprehensive insights regarding development activities that the key players in the industry are adopting to compete directly. To lead the market as well as engage in the process of overall growth, a company needs to introduce new products to the market, improve the existing products’ framework, work in collaboration with the top market leaders or win new contracts, and acquire the relatively weaker companies.
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Currently, military operations are difficult to proceed without required information received from sensors and other sources. Artificial intelligence (AI) helps to handle the information of huge sensors and communication networks, as the quantity of information is increasing. It offers potential benefits to defense organizations by providing fast and high-quality data which can help in deep analysis of complex and strategic data at the time of battlefield. The amount of data processed is considerably increasing, and it becomes challenging to store huge amount of data. The emerging technologies like AI with sensor technology and infrastructure, can help overcome the existing shortcomings which include resilience, interoperability, scalability, efficiency, and performance of the ground combat vehicles. AI can enable ground combat vehicles to recognize their operating environments and take actions that make the most of their chances of success.
The application of AI in the combat systems can enhance the operability through software processes. AI technologies can also be used for targeting and mapping of enemy assets efficiently and effectively. The increasing demand for developing military equipment in collaboration with artificial intelligence can enhance the security, improve computing power, and give rise to acceptance of cloud services by military, hence contributing toward the high growth of the artificial intelligence in next-generation combat vehicles globally.
The major countries expanding their strategies to implement artificial intelligence in the defense and security are Russia, the U.S., and China. Since unmanned system makes use of artificial intelligence and machine learning techniques, they are expected to overcome most of the existing drawbacks of the unmanned ground vehicle which can generate further opportunities of growth for the ground defense system. As the U.S. Army is focusing on next-generation combat vehicles with two different platforms i.e. optionally manned vehicle and the robotic combat vehicle, the integration of AI technology in these vehicles is expected to play a pivotal role in the coming future.
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The need for enhanced border security due to issues related to increasing land disputes, migration, and smuggling, has obligated several countries to further strengthen their security. This has led to the increase in the demand of advanced combat and support vehicles which provide enhanced situational awareness to the soldiers so as to have a competitive edge over the opponents. With recent developments in artificial intelligence and machine learning, manned and unmanned ground vehicles are becoming available at a reliable cost.
The global ground defense system market is expected to witness a significant growth during the forecast period 2019-2024 owing to the induction of new fleets and upgradation programs of defense forces across the globe. Additionally, adoption of cutting-edge technologies such as robotics, electric propulsion system, artificial intelligence and Internet of Battle Things (IoBT) among others are changing the landscape of armored vehicles. A rise in the number of terrorist attacks over the last two decades has raised the need for a more advanced network connected combat and support vehicles.
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