Global Armored Vehicles Market to Reach USD36.6 Billion by 2023
**Request for Sample Copy of Research Report At: https://www.psmarketresearch.com/market-analysis/armored-vehicles-market/report-sample
The increasing demand for light or medium-sized armored vehicles for combat operations has resulted in the widespread adoption of wheeled-type armored vehicles. This is expected to further propel the demand for armored vehicles during the forecast period.
As per the findings of research, the defense sector emanated the largest demand for armored vehicles. The segment is expected to exhibit similar trends during the forecast period. Active mine system is the largest segment in armored vehicles market, by technology; while active protection system is expected to exhibit the fastest growth in the global armored vehicles market, by technology. Military emanates the maximum demand in the global defense armored vehicles market, by application; while government is expected to dominate the global commercial armored vehicles market, by application. Infantry fighting vehicles is expected to be the largest segment in the global defense armored vehicles market, by product; while SUV is most commonly-used armored vehicle in the commercial sector.
The factors driving the growth of the global armored vehicles market include rising applications in the commercial sectors, increasing civilian use of armored vehicles for self-defense or protection and increasing defense budgets. Another factor that is expected to drive the growth of global armored vehicles market is the rise in violence and the increasing availability of rental and leasing of armored vehicles worldwide.
Major players have stronghold in the global armored vehicles market Some of the key players in the global armored vehicles market include General Dynamics Corporation, Lockheed Martin Corporation, BAE Systems plc, Elbit Systems Ltd., Oshkosh Corporation, Textron Inc., International Armored Group (IAG), Denel Land Systems, Rheinmetall AG, Thales Group and INKAS Armored Vehicle Manufacturing.
**Explore Research Report At: https://www.psmarketresearch.com/press-release/armored-vehicles-market
Product launches and strategic expansion plans by key players have been the major recent developments in the global armored vehicles market. Companies are increasingly investing in R&D activities and focusing on strategic partnerships and contracts to strengthen their market presence across the globe.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Armored Vehicles Market to Reach USD36.6 Billion by 2023 here
News-ID: 1074060 • Views: 1310
More Releases from P&S Market Research - Automotive and Transportation
Global Automotive Battery Management System Market - Size, Share, Development, G …
The global automotive battery management system market is forecasted to witness significant growth in the coming years, owing to increasing demand for hybrid electric and battery electric vehicles. The increase in the demand for these vehicles is a result of the implementation of stringent government regulations with respect to environment degradation and government incentives in the form of subsidies, grants, and tax rebates to encourage the use of eco-friendly modes
Falling battery prices and increasing operational efficiencies expected to benef …
The Chinese electric bus market is segmented on the basis of hybrid powertrain, which includes parallel hybrid, series parallel hybrid, and series hybrid. Among these, the parallel hybrid category held more than 40% share in the Chinese electric bus market in 2017. However, the fastest growth during the forecast period is expected from the series hybrid category, due to the ease in designing and assembling this type of powertrain, which
Explore Global Reefer Container Market Size, Share, Development, Growth and Dema …
The increasing containerization is anticipated to fuel the reefer container market growth in the future. The adoption of containers for transportation, as compared to the conventional methods of packing goods directly onto ships, is another factor expected to fuel the growth of the global reefer containers market during the forecast period. Get Sample Research Report At: https://www.psmarketresearch.com/market-analysis/reefer-container-market/report-sample Reefer containers are temperature controlled specialized containers, which are used in the transportation of
Explore Industry Insights in Global Car Rental Market Development and Demand For …
Car rental companies offer vehicles or automobiles on rent for a certain duration that can range from hours to months for a suitable fee. There are various types of cars available on rent, including economy cars, executive cars, luxury cars, SUV’s and MUV’s. These cars are rented for different purposes, including airport transport, local usage, outstation, event transportation, self drive, and employee transportation. Get Sample Research Report At: https://www.psmarketresearch.com/market-analysis/car-rental-market/report-sample The car rental
More Releases for Armored
COVID Impact On Global Military Armored Vehicle Market 2020-2025
India to procure more than 2,600 Infantry Combat Vehicles along with 1,700 Future Ready Combat Vehicle. BAE Systems to deliver 2,936 multipurpose combat vehicles to U.S. Army worth $15 Billion contract awarded in 2014 and to be delivered by August,2020. U.S. Army orders 416 new JLTV(Joint Light Tactical Vehicle) from Oshkosh Defense LLC worth $106.3 Million to replace old Light Tactical Vehicles, previously, in 2018, Oshkosh started building 6,107 JLTV
Military Armored Vehicles Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Military Armored Vehicles Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 124 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-military-armored-vehicles-market_p104123.html A Military Armored Vehicle is a lightweight
Global Armored Cars Market 2017 - INKAS, The Raytheon Company, INKAS Armored Veh …
In its approaching report Armored Cars market covers detailed analysis on market trends, Market Drivers, market opportunities and other necessary details on the product. Besides, Armored Cars market research report indemnifies threats, Armored Cars market share size, revenue as well as Armored Cars market growth. The industry report has been divided on the basis of drug, and region. The Armored Cars market was valued at US$ XX billion in the
Armored Vehicle Market | Industry Outlook and Forecast up to 2023
The innovation and technology-driven for Armored Vehicles Market features a select few vendors that mostly take up contracts from government and commercial bodies, with the defense sector being the key determinant of the market’s overall development, finds a new research report by TMR. Most of the market’s leading and most reputed vendors are headquartered in North America and Europe, making these regions the frontrunners and leading regional segments. The demand for
Armored Cable Market 2017- LS Cable, ABB, Southwire, Anixter, Atkore
Apex Research, recently published a detailed market research study focused on the "Armored Cable Market" across the global, regional and country level. The report provides 360° analysis of "Armored Cable Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Armored Cable industry, and estimates the future trend of Armored Cable market on
Armored Vehicles Upgrade and Retrofit Market 2021: Comprehensive Research Study
Market Research Future published a Cooked research report on “Global Armored Vehicles Upgrade And Retrofit Market Research Report- Forecast to 2021” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2021. Global Armored Vehicles Upgrade and Retrofit Market by Vehicle Types (Armored Personnel Carrier, Main Battle Tank, Mine Resistant Ambush Protected, and others (Tactical Truck, IFV, LMV), and by Geography- Forecast To 2021 Market Synopsis of armored Vehicles Upgrade and