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(Transportation-News.com, January 14, 2017 ) Military vehicles require robust capabilities to overcome threats from both internal damages and external sources. The deployment of military troops in extreme environmental scenarios has led to the investments in improving the vehicle competencies in terms of technology. Various rugged systems and devices are constantly being integrated in the military vehicles worldwide specific to different regional applications. Moreover, the development of landmines and other improvised explosive devices (IEDs), which pose major challenges to military vehicles, have amplified the concerns to protect the soldiers’ lives in the battleground. These factors boost the demand for armored vehicles from the military organizations globally. Additionally, the advent of technology and improvement of multirole vehicles have also influenced the demand for armored vehicles among various law enforcement agencies worldwide. Considering the aforementioned factors, the global armored vehicles market is estimated to be growing at a significant pace.
In this report on the global armored vehicles, the market has been segmented based on technology, type and geography. The study highlights current market trends and provides the market size of 2014 and forecast from 2015 to 2023. The report covers the current market scenario for armored vehicle and highlights future trends that could affect the demand for the same. The global armored vehicles market is analyzed to observe a steady growth from 2015to2023 at a decent CAGR.
This study includes the profiles of 10 major players in the global armored vehicle market and the strategies adopted by them to sustain in the competition. The key participants in the global armored vehicles market include Oshkosh Corporation, BAE Systems plc, Rheinmetall Defence, Lockheed Martin Corporation, Elbit Systems Ltd., The Raytheon Company, Krauss-Maffei Wegmann GmbH & Co. KG, General Dynamics Corporation, INKAS Armored Vehicle Manufacturing, International Armored Group and STREIT Group among others.
Global Armored Vehicle Market, 2015 – 2023: By Technology
Active Protection System
Inter Operable Communication
Modular Ballistic Armor
Electric Armor
Situational Awareness System
Active Mine Protection
Vehicle Information Integration
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Global Armored Vehicle Market, 2015 – 2023: By Type
Light Protected Vehicles
Infantry Fighting Vehicles
Armored Personnel Carriers
Armored Amphibious Vehicles
Main Battle Tanks
Mine Resistant Ambush Protected Vehicles
Others
Global Armored Vehicle Market, 2015 – 2023: By Application
Military
Law Enforcement
Commercial
Global Armored Vehicle Market, 2015 – 2023: By Geography
North America
U.S.
Canada
Mexico
Europe
Russia
U.K.
France
Germany
Italy
Rest of Europe
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