Press release
Global Tanks Market 2022-26: Strategic Insights | Opportunity Analysis | Size | Global Demand | Growth | Challenges | Drivers
Tanks Market
The regions covered in the tanks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest tanks share.
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The tanks market consists of sales of military tanks by entities (organizations, sole traders, and partnerships) that produce military tanks. A tank is an armored fighting vehicle that is equipped with heavy firepower and strong armor designed for front-line combat. Only goods and services traded between entities or sold to end consumers are included.
Key competitors in the tanks market are Oshkosh Defense LLC, General Dynamics Corporation, BAE Systems Plc., Textron Inc., Navistar International Corporation, Norinco Private Limited, Rheinmetall AG,.
The global tanks market size is expected to grow from $1.81 billion in 2021 to $1.90 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The tank market is expected to reach $2.12 billion in 2026 at a CAGR of 2.8%.
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TBRC’s report segments the global tanks market:
1) By Type: Light, Medium, Heavy
2) By Application: Patrolling, Fighting
3) By Technology: Active Mine System, Active Protection System, Modular Ballistic Armor, Situational Awareness System, Inter Operable Communication, Vehicle Information Integration, Electric Armor
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https://www.thebusinessresearchcompany.com/report/tanks-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Tanks Market Characteristics
3. Tanks Market Trends And Strategies
4. Impact Of COVID-19 On Tanks
5. Tanks Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Tanks Market
29. Tanks Market Future Outlook and Potential Analysis
30. Appendix
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