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Armored Vehicles Market 2021 Global Size, Status and Outlook- BAE Systems; Oshkosh Corp; International Armored Group; General Dynamics Land Systems; Textron

12-15-2021 01:37 PM CET | Associations & Organizations

Press release from: Market Insights Reports

Armored Vehicles Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Click the link to get a Free Sample Copy of the Report @:

https://www.marketinsightsreports.com/reports/08103167000/armored-vehicles-global-market-report-2021-covid-19-impact-and-recovery-to-2030-including-1-by-vehicle-type-armored-personnel-carrier-infantry-fighting-vehicle-main-battle-tanks-tactical-truck-bus-other-2-by-platform-combat-vehicles-combat-support-vehicles-unmanned-armored-ground-vehicles-3-by-system-engine-drive-system-ballistic-armor-fire-control-system-fcs-armaments-ammunition-handling-system-countermeasure-system-command-and-control-system-others-4-by-mobility-tracked-wheeled-4x4-6x6-8x8-others-covering-bae-systems-oshkosh-corp-international-armored-group-general-dynamics-land-systems-textron/inquiry?Mode=Saiba

The global armored vehicles market is expected to decline from $5.69 billion in 2020 to $5.68 billion in 2021 at a compound annual growth rate (CAGR) of -0.2%.

Top leading Companies Profiled in Armored Vehicles Market Report are BAE Systems; Oshkosh Corp; International Armored Group; General Dynamics Land Systems; Textron; Rheinmetall; Lockheed Martin; Krauss-Maffei Wegmann; INKAS Armored Vehicle; Elbit Systems; IVECO; Lenco Industries; Navistar; Thales Group; STREIT Group; UralVagonZavod; Ukroboronprom; NORINCO; BMW; Ford Motor Company; The Raytheon; Mitsubishi Heavy Industries; Hyundai

Markets Segmentation:

1) By Vehicle Type: Armored Personnel Carrier; Infantry Fighting Vehicle; Main Battle Tanks; Tactical Truck; Bus; Other

2) By Platform: Combat Vehicles; Combat Support Vehicles; Unmanned Armored Ground Vehicles

3) By System: Engine; Drive System; Ballistic Armor; Fire Control System (Fcs); Armaments; Ammunition Handling System; Countermeasure System; Command And Control System; Others

4) By Mobility: Tracked; Wheeled; 4X4; 6X6; 8X8; Others

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Market Overview

The armored vehicles market is anticipated to record a decline in market revenues in 2021 on account of post-COVID-19 implications involving workforce shortages and operational challenges and slowdown in global manufacturing activities. The market is expected to reach $6.35 billion in 2025 at a CAGR of 2.8%.

The armored vehicles market consists of sales of armored vehicles by entities (organizations, sole traders and partnerships) that produce armored vehicles. The armored fighting vehicle is a self-propelled, weaponized military vehicle used for combat operations.

The armored vehicles market covered in the report is segmented by vehicle type into armored personnel carrier, infantry fighting vehicle, main battle tanks, tactical truck, bus, others; by platform into combat vehicles, combat support vehicles, unmanned armored ground vehicles; by system into engine, drive system, ballistic armor, fire control system (FCS), armaments, ammunition handling system, countermeasure system, command and control system, others; by mobility into tracked, wheeled, 4x4, 6x6, 8x8, others.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The high cost of armored vehicles is expected to limit the growth of the armored vehicles market in the coming years. The cost of armored vehicles is high because armored vehicles are fitted with the strict attention to quality for providing uncompromising protection while being on the route. For example, Inkas Sentry Civilian is an armed personnel carrier that starts at a base price of $350,000. Therefore, the high cost of armored vehicles hinders the growth of the armored vehicles market.

Get Benefited discount at:

https://www.marketinsightsreports.com/reports/08103167000/armored-vehicles-global-market-report-2021-covid-19-impact-and-recovery-to-2030-including-1-by-vehicle-type-armored-personnel-carrier-infantry-fighting-vehicle-main-battle-tanks-tactical-truck-bus-other-2-by-platform-combat-vehicles-combat-support-vehicles-unmanned-armored-ground-vehicles-3-by-system-engine-drive-system-ballistic-armor-fire-control-system-fcs-armaments-ammunition-handling-system-countermeasure-system-command-and-control-system-others-4-by-mobility-tracked-wheeled-4x4-6x6-8x8-others-covering-bae-systems-oshkosh-corp-international-armored-group-general-dynamics-land-systems-textron/discount?Mode=Saiba

News and Updates

In May 2020, BAE Systems, a USA based Aerospace company acquired Raytheon Company for an undisclosed amount. This acquisition augments BAE Systems portfolio in airborne communications with broad-spectrum, multi-band, multi-channel radios that feature robust anti-jamming and encryption capabilities. Raytheon Company is a USA defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics.

Key Takeaways from Armored Vehicles Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Armored Vehicles market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Armored Vehicles market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Armored Vehicles

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/08103167000?mode=su?Mode=Saiba

In conclusion, the Armored Vehicles market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Armored Vehicles Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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