Global Military Fighting Vehicles Market To Grow At A CAGR Of 3.26% During The Period 2017-2021

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Military fighting vehicles (MFVs) aim to integrate operational mobility and tactical offense and are, therefore, armed with weapons, sensors, and other combat systems. They are designed for both on- and off-road combat capabilities. MFVs are classified according to their role on the battlefield. Some MFVs like main battle tanks (MBTs) are used for offensive purposes and are armed with heavy guns and cannons. Others like armored personnel carriers (APCs) are transport defense personnel and supplies to battle stations while protecting them with cover fire.

Technavios analysts forecast the global military fighting vehicles market to grow at a CAGR of 3.26% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global military fighting vehicles market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Military Fighting Vehicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Denel SOC
General Dynamics
OSHKOSH DEFENSE
Rheinmetall
Thales

Other prominent vendors
BAE Systems
Navistar Defense
NORINCO
Renault Trucks Defense
ST Engineering
UralVagonZavod (UVZ)

Market driver
Increasing civil unrest within countries
For a full, detailed list, view our report

Market challenge
Cost overruns and program delays
For a full, detailed list, view our report

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Market trend
Open architecture for interoperability of systems
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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