‘Military Armoured Vehicle Market Worth $14 Billion In 2017’ Says Visiongain Report

15 August 2017
Defence

Visiongain’s new report the Military Armoured Vehicle Market Report 2017-2027: Forecasts by Product (Main Battle Tank (MBT), Medium Armoured Vehicle (MAV), Light Protected Vehicle (LPV), Mine-Resistant Ambush-Protected (MRAP), Other Armoured Vehicle), Forecasts by Type (Wheeled, Tracked), and by Leading National Markets indicates that the global military armoured vehicle market will see $14bn in spending in 2017.

The lead analyst of the report said e.g. “Armoured vehicles are a core aspect of many nations’ military spending as they attempt to reach parity with other state actors as well as gain considerable advantage over asymmetric threats. Armoured Vehicles have proven their worth in a large number of military operations, and their development can often drive a nation’s domestic automotive industry. Besides, the security challenges over the globe have fueled an era where armored vehicles are a military necessity. The market for armored vehicles is developing right now at an slow pace. It is expected that new opportunities for armored vehicles manufacturers globally will develop.”

The 311 page report contains 300 tables, charts and graphs that add visual analysis in order to explain developing trends within the military armoured vehicles market. Visiongain provides sales forecasts for the period 2017-2027 for 2 sets of submarkets, namely: by Product (Main Battle Tank (MBT), Medium Armoured Vehicle (MAV), Light Protected Vehicle (LPV), Mine-Resistant Ambush-Protected (MRAP), Other Armoured Vehicle), and by Type (Wheeled, Tracked).

The 311 page report offers market forecasts and analysis for 14 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 8 companies leading the field in military armoured vehicles.

The Military Armoured Vehicle Market Report 2017-2027: Forecasts by Product (Main Battle Tank (MBT), Medium Armoured Vehicle (MAV), Light Protected Vehicle (LPV), Mine-Resistant Ambush-Protected (MRAP), Other Armoured Vehicle), Forecasts by Type (Wheeled, Tracked), and by Leading National Markets report will be of value to anyone who wants to better understand the military armoured vehicle market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the military armoured vehicle industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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