Nov 28, 2017 SOURCE: BusinessWire

Global Armored Fighting Vehicles Market 2018-2023 Featuring General Dynamics, Northrop Grumman, Raytheon, Oto Melara & Lockheed Martin - Research and Markets

The "Armored Fighting vehicles Market: Analysis of Growth, Trends Progress and Challenges (2018-2023)" report has been added to Research and Markets' offering.

The Armored Fighting vehicles Market is growing at a fast pace and is expected to reach $34.6 Billion in value by 2020. The U.S. is gradually pulling back from its long drawn out war in Afghanistan and has almost completely withdrawn from Iraq, hence the demand for new Armored Fighting vehicles in the United States, the biggest market for such vehicles is witnessing reduced expenditures.

But United States has to replace the ageing Humvees which form the core of is infantry hence the United States recently awarded a $6.75 billion tender to Oshkosh to build 17000 light tactical vehicles which would replace the Humvee, this order is the most significant in armoured fighting vehicle market as the 2 military services have planned to induct as many as 55000 vehicles over a long period of time at a value of over $30 billion which will be truly massive for the Armored Fighting Vehicles Market.

The Asia Pacific and Middle East regions will be the potential market of high growth going into the future. This trend is already showing with Saudi Arabia, China and others, which are spending on Armored Fighting Vehicles.

Key Topics Covered:

1. Research Methodology

2. Key Findings of The Study

3. Executive Summary

4. Market Overview

5. Market Dynamics

6. Armored Vehicles Market

7. Competitive Intelligence - Company Profiles

8. Investment Analysis

9. Future Of Armored Fighting Vehicles Market

Companies Mentioned