Armored Vehicles Upgrade and Retrofit Market 2019, By Top Leaders: AM General, BAE Systems, CMI Group, Diehl Defence, Elbit Systems, FNSS Savunma Sistemleri

Global Armored Vehicles Upgrade and Retrofit Market is expected to grow at a CAGR of 6.0% during the forecast period. Some of the factors such as rise in terrorism and hostile activities, increasing swap reduction in military vehicles, rising number of terror organizations and growing demand for commercial aircraft windows and windshields are driving the market growth. However, restricted on-vehicle network capabilities are some of the factors hindering the market growth.

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Armored vehicles include land combat and transportation vehicles used by services land forces for operations such as transporting cargo and military personnel and operating in active combat. These vehicles hold the country’s military forces and also act as a safe means for dealing with the present state of violence.

Top Industry Players:
Some of the key players profiled in the Armored Vehicles Upgrade and Retrofit Market include AM General, BAE Systems plc, CMI Group, Diehl Defence, Elbit Systems Ltd, FNSS Savunma Sistemleri, General Dynamics Corporation, Krauss-Maffei Wegmann, MKU, Oshkosh Defense, Palbam, Rheinmetall AG, RUAG Group, Sabiex International, Textron Inc. and Thales SA.

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By Vehicle type, armored fighting vehicle segment is leading the market over the forecast period. The vehicle protected by the strong defensive covering made of metal and used in battle and armed with weapons, suspicious capabilities and tactical offensive. Based on geography, North America accounted for the largest market share in which United States is dominating the region due to the large base of armored military vehicles and rise of ISIS and the active involvement of the U.S. troops in many other parts of the world.
Amour Level Types Covered:
• Rifle
• Mine Resistant
• Light Armored
• Armor Piercing Rifle

Designs Covered:
• Tracked Armored Vehicles
• Wheeled Armored Vehicles

Vehicle Types Covered:
• Tactical Truck
• Mine-Resistant Ambush-Protected (MRAP)
• Main Battle Tanks (MBT)
• Light Protected Vehicle (LPV)
• Infantry Fighting Vehicle (IFV)
• Assault Amphibious Vehicles (AAV)
• Armoured Personnel Carrier (APC)
• Armored Recovery Vehicle
• Armored Fighting Vehicle
• Other Vehicle Types

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This release was published on openPR.