The new report by Expert Market Research titled, ‘Global Armoured Vehicle Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global armoured vehicle market, assessing the market based on its segments like Type, Technology used, Mobility, System, Application, and Regional market among others. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/armour-vehicle-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): 28.6 billion USD
Forecast CAGR (2021-2026): 5.8%
The sector has grown significantly as a result of the increased focus on safeguarding soldiers from both external and internal attacks. Over the forecast period, it is also expected that increased awareness of business security would fuel industry growth for armoured vehicles. An armoured vehicle is a fighting vehicle that is protected by armour and is often employed as a military combat vehicle.
Industry Definition and Major Segments
Armored vehicles are used for transit under armed guard or with bulletproof windows installed instead of regular ones. Military, police enforcement, corporate executives, VIPs, and celebrities are among the most frequent users of these cars. Armored vehicles are primarily employed to improve defence capabilities and protect national security. Homeland security helps to prevent terrorist attacks and reduces the country’s susceptibility to terrorism. The use of sophisticated raw materials in the construction of armoured vehicles increases demand for high-performance armoured vehicles.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/armour-vehicle-market
On the basis of Type, armoured vehicle market is segmented into:
Main Battle Tanks (MBT)
Mine-Resistant Ambush-Protected (MRAP)
Light Protected Vehicles (LPV)
Armoured Personnel Carriers (APC)
Amphibious Armoured Vehicles
Unmanned Ground Vehicles (UGV)
Based on the Technology used, armoured vehicle market is divided into:
Active Protection Systems
Interoperable Communication Systems
Modular Ballistic Armour Systems
Active Mine Protection Systems
Vehicle Information Integration
Based on the Mobiility, armoured vehicle market is categorised into:
Based on the System, armoured vehicle market is categorised into:
Ammunition Handling System
Fire Control System
Command & Control (C2) Systems
Observation & Display Systems
Based on the Application, armoured vehicle market is divided into:
The major regional markets of armoured vehicle market are:
Middle East and Africa
The growing requirement for nations’ military and security departments to combat increasing criminal activities and cross-border terrorism is driving the worldwide armoured vehicle market. The militarization of law enforcement, technical improvements in armoured cars, an increase in insurgencies, and the commercial usage of armoured vehicles are the main drivers driving the industry’s expansion. Limitations for the armoured vehicle market include reduced domestic defence spending and growing usage of uncrewed cars, which may stifle expansion over the projected period. The majority of armed forces across the world are conducting modernization projects to replace old, armoured vehicles or to meet the need for new equipment to support new force formations. For example, large countries like the United States, Saudi Arabia, Russia, China, the United Kingdom, and others have aged fleets that need to be replaced.
Key Market Players
The major players in the market are Oshkosh Defense, LLC, Textron Systems Corporation, Denel Soc Ltd., Krauss-Maffei Wegmann GmbH & Co., FNSS Savunma Sistemleri A., General Dynamics Corporation, BAE Systems, Rheinmetall AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Global Ground Support Equipment Market: https://www.expertmarketresearch.com/reports/ground-support-equipment-market
Global Rocket Propulsion Market: https://www.expertmarketresearch.com/reports/rocket-propulsion-market
Global Cruise Missile Market: https://www.expertmarketresearch.com/reports/cruise-missile-market
Global Flight Simulators Market: https://www.expertmarketresearch.com/reports/flight-simulators-market
Global Maritime Patrol Aircraft Market: https://www.expertmarketresearch.com/reports/maritime-patrol-aircraft-market
Global Anti-Drone Market: https://www.expertmarketresearch.com/reports/anti-drone-market
Global Close-In Weapon Systems (CIWS) Market: https://www.expertmarketresearch.com/reports/close-in-Weapon-systems-ciws-market
Global Power by the Hour (PBH) Market: https://www.expertmarketresearch.com/reports/power-by-the-hour-pbh-market
Global Aerial Refuelling Systems Market: https://www.expertmarketresearch.com/reports/aerial-refuelling-systems-market
Global Aircraft Engine Market: https://www.expertmarketresearch.com/reports/aircraft-engine-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Explore more on Procurement Intelligence services of EMR Inc.
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Address:30 North Gould Street
Country: United States