The Global Armored Vehicles and MRO Market is Expected to Grow at a CAGR of 4.59% over 2018-2028 - ResearchAndMarkets.com

DUBLIN--()--The "The Global Armored Vehicles and MRO Market 2018-2028" report has been added to ResearchAndMarkets.com's offering.

This report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for armored vehicles, key market trends, and challenges encountered by industry participants.

The need to provide ground forces with increased capabilities pertaining to protection and munitions is expected to spur the armored vehicles market. The threat from neighbouring nations and insurgency issues is expected to be a major factor that will contribute to the increasing demand for armored vehicles.

Furthermore, the large base of existing inventory, as well as new procurements throughout the next decade, will create the need for servicing and maintenance activities, which is anticipated to fuel the armored vehicles MRO market to a great extent.

Key Highlights

  • The global armored vehicles and MRO market is expected to grow at a CAGR of 4.59% over the forecast period.
  • The market consists of six segments: MBT, IFV, APC, MRAP, LMV, and tactical trucks. The market is expected to be dominated by the MBT segment, followed by IFV and APC segments.
  • Region wise, Asia Pacific is expected to lead the global armored vehicles and MRO during 2018-2028, followed by the North American and the European markets.

Companies Mentioned

  • BAE Systems
  • Denel Land Systems
  • General Dynamics
  • Hyundai Rotem
  • Iveco
  • Krauss-Maffei Wegmann
  • Norinco
  • Navistar Defense
  • Nexter SA
  • Otokar
  • Panhard
  • Renault Truck Defense
  • Rheinmetall
  • Thales
  • Uralvagonzavod

For more information about this report visit https://www.researchandmarkets.com/research/69tg9l/the_global?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tanks and Armored Vehicles

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Tanks and Armored Vehicles