Research On Armored Vehicles Market – Industry Size, Trends, Regional Outlook and Forecasts, 2014 – 2021
Armored vehicles are combat vehicles armed with weapons and forms an important part of military operations. These vehicles provide the forces engaging in combat with improved advantages in terms of mobility, firepower and protection. The social concern about security is a major driver for the armored vehicle market.
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The important types of vehicles featuring in the armored vehicle market are armored personnel carriers, infantry fighting vehicle, light protected vehicle, main battle tanks, mine-resistant ambush protected and tactical trucks. Armored vehicles find their applications in defense, homeland security and commercial purposes.
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The internal and external security threats and commercial security concerns are a major driver for this market. Innovation and modernization are the major trends in the armored vehicle market. Unpredictable financial climate and lack of clarity about investment would hamper the global armored vehicle market. The social and political issues also have a major impact on the global armored vehicles market.
Best Region Of Markets :
Europe and North America are major markets for the armored vehicle market. The growing security concerns in Asia Pacific, Latin America, Middle East and Africa are also a major driver of the armored vehicle market. The key manufacturers of armored vehicles market are BAE Systems, General Dynamics Corporation, Elbit Systems, Navistar International Corporation, Lockheed Martin, Textron Inc., Oshkosh, Krauss-Maffei Wegmann, Iveco and Rheinmetall AG.
Market Report Analysis :
Decision Databases is involved in providing research reports and company profiles in the global armored vehicles market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market.
SEGMENTATIONS IN REPORT :
A. Armored Vehicles Market By Product :
1. Armored personnel carriers
2. Light protected vehicle
3. Main battle tanks
4. Tactical trucks
B. Armored Vehicles Market By Application :
2. Homeland security
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