MarkNtel Advisors has just published a new research report titled "Armored Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Armored Vehicles market from 2023 to 2028?
The Global Armored Vehicles Market is projected to grow at a CAGR of around 4.1% during the forecast period, i.e., 2023-28.
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Armored Vehicles Market by Segments
By Platform
- Combat Vehicles
- Main Battle Tanks
- Infantry Fighting Vehicles
- Armored Personal Carriers
- Armored Amphibious Vehicles
- Mine-Resistant Ambush Protected Vehicles
- Light Armored Vehicles
- Others (Self Propelled Howitzers, Air Defence Vehicles, etc.)
- Combat Support Vehicles
- Armored Supply Trucks
- Armored Command and Control Vehicles
- Repair and Recovery Vehicles
- Others (Bridge laying Tanks, Mine Clearance Vehicles, etc.)
- Unmanned Armored Ground Vehicles
By System
- Engines
- Turret Drives
- Ammunition Handling Systems
- Fire Control Systems
- Armaments
- Ballistic Armor
- Countermeasure System
- Command and Control System
- Power System
- Others (Navigation System, Observation and Display Systems, etc.)
By Type
- Electric
- Conventional
By Mode of Operation
- Manned
- Unmanned
By Mobility
- Wheeled
- 4X4
- 6X6
- 8X8
- Others (10X10, 12X12, etc.)
- Tracked
By Sales Channel
- OEM
- Retrofit
A comprehensive report on the Armored Vehicles Market is available now- https://www.marknteladvisors.com/research-library/armored-vehicles-market.html
Armored Vehicles Market Report Segment by Regions
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the current trends in the global Armored Vehicles Market?
Integration of Programmable Ammunition and Adoption of Active Protective System (APS) - The twin-ammo-feed or multiple-ammo-feed designs enabling change in the ammunition type made possible through Programmable Ammunition have reduced the complexity of various ammo types. Programmable Ammunition's advantages and easy operation has raised its adoption, pushing the market forward, with its flexibility to weapon platforms for firing and interchanging different types of ammunition.
Additionally, the trending adoption of Active Protection Systems (APS) for their detection and counteracting features has further accelerated the industrial arc. Added features of launchers, tracking radar, sensors, and countermeasure munitions, protecting combating vehicles from grenades and anti-tank guided missiles, also add to the industrial acceleration.
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Who are the key players in the Armored Vehicles Market?
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Questions Addressed in this Study
- What factors are driving the Armored Vehicles Market growth?
- How is the Armored Vehicles Market expected to grow over the next five years?
- What are the key insights into the current trends in the Armored Vehicles Market?
- What is the current size of the Armored Vehicles Market, and how is it projected to change in the future?
- What is the future outlook for the Armored Vehicles Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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