VITA Technology Market Research

This report reviews highlights and developments during the second trading quarter of 2024 and the trends that are driving technology development for VITA technology boards and systems.

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Further confirmation of the significant increase in defense spending was provided by the latest SIPRI data. Meanwhile a boost to the European defense industry has been given by the announcement of €1,031 million of EU funding to support 54 joint European defense research and development projects. It will be interesting to see if VPX becomes the de facto standard for European military embedded computing.

Company results in the first quarter of 2024 continue the trend of generally strong growth in revenues. The semiconductor industry is also experiencing strong growth in shipments and investment in capacity.

It is refreshing to see that confidence is still strong in the veteran VME standard with Intel’s latest Atom processor now made available for customers looking for a simple, cost-effective upgrades to computing capability while remaining within the VME environment.

Several new VPX products have been launched this quarter. Announcements of significant contracts for VPX-based systems is also encouraging and validates VITA’s annual market research which identified the growing opportunities for VITA standard systems suppliers.

This report reviews highlights and developments during the first trading quarter of 2024 and the trends that are driving technology development for VITA technology boards and systems.

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Global defense spending is increasing significantly reflecting global political tensions. New weapon systems are deploying increasing electronic systems content and those systems are embracing technologies such as AI that require knowledge of how to deploy it in compact, rugged platforms. This is the “sweet-spot” where VITA members are supplying product and now that supply chain difficulties are easing, witnessed by the reversal in undersupply of semiconductor chips, most companies attending Embedded Tech Trends expressed upbeat sentiment. Large contract wins have been reported and most companies are reporting substantial annual revenue growth in 2023.

As well as operating at the leading edge of technology, many VITA members have mature product lines for platforms that have been in production for years, if not decades and this can present its own logistics problems. It is encouraging to see that within the VITA community there are companies, like GDCA, Inc., who can manage the lifecycle of critical embedded single board computers and systems as witnessed by its recent partnerships with North Atlantic Industries.

This report reviews highlights and developments during the fourth trading quarter of 2023 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews highlights and developments during the third trading quarter of 2023 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews highlights and developments during the second trading quarter of 2023 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews highlights and developments during the first trading quarter of 2023 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews highlights and developments during the fourth trading quarter of 2022 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews highlights and developments during the third trading quarter of 2022 and the trends that are driving technology development for VITA technology boards and systems.

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This report reviews second quarter 2022 financial reports of major suppliers, recent contract and design wins announcements, recent product announcements, defense budgets and spending, and the trends driving technology development for VITA-standard boards and systems.

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This report reviews first quarter 2022 financial reports of major suppliers, recent contract and design wins announcements, recent product announcements, defense budgets and spending, and the trends driving technology development for VITA-standard boards and systems.

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