Land-Based Warfare Report

Armored Vehicle demand driven by modernization initiatives

Armored vehicles provide an integral role in the land warfare industry, and this report will analyze this theme in detail. As with all military sectors, there are many factors that affect the growth of armored vehicles including market trends, demand, and challenges faced by market leaders.

In the forecast period, armored vehicle growth will be largely driven by cross border disputes as well as modernization initiatives undertaken by big military spenders around the world.

Land-Based Warfare - Armored Vehicle
  • What you will discover...
  • Armored vehicles will be used to eradicate terrorist activity and insurgent groups
  • There are nine segments in the armored vehicle sector: MBT, IFV, APC, HACV, LUV, LMV, tactical trucks, armored engineering vehicles, and armored support vehicles
  • Changing preferences of armored vehicle segments will be explored and analyzed

Keep up to date with military developments... 

GlobalData’s in-depth analysis will explore the role of armored vehicles on the battlefield and their projected growth. Find out how technology will drive changes as well as impact the success of military operations. Through this analysis you will be able to identify key investment areas and make smarter business decisions.

Find out how Europe looks to dominate this sector with a market share of 31.7% as well as understand what key trends and preferences will drive the growth of this market by a CAGR of 2.76% over the forecast period.

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