Armored Vehicles Upgrade & Retrofit - Worldwide Market Outlook to 2026 by Armour Level Type, Design and Vehicle Type - ResearchAndMarkets.com
The "Armored Vehicles Upgrade and Retrofit - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Armored Vehicles Upgrade and Retrofit Market is expected to grow at a CAGR of 6% during the forecast period.
Some of the factors such as rise in terrorism and hostile activities, increasing swap reduction in military vehicles, rising number of terror organizations and growing demand for commercial aircraft windows and windshields are driving the market growth. However, restricted on-vehicle network capabilities are some of the factors hindering the market growth.
By vehicle type, armored fighting vehicle segment is leading the market over the forecast period. The vehicle protected by the strong defensive covering made of metal and used in battle and armed with weapons, suspicious capabilities and tactical offensive.
Based on geography, North America accounted for the largest market share in which United States is dominating the region due to the large base of armored military vehicles and rise of ISIS and the active involvement of the U.S. troops in many other parts of the world.
Armour Level Types Covered:
- Rifle
- Mine Resistant
- Light Armored
- Armor Piercing Rifle
Designs Covered:
- Tracked Armored Vehicles
- Wheeled Armored Vehicles
Vehicle Types Covered:
- Tactical Truck
- Mine-Resistant Ambush-Protected (MRAP)
- Main Battle Tanks (MBT)
- Light Protected Vehicle (LPV)
- Infantry Fighting Vehicle (IFV)
- Assault Amphibious Vehicles (AAV)
- Armoured Personnel Carrier (APC)
- Armored Recovery Vehicle
- Armored Fighting Vehicle
- Other Vehicle Types
Companies Profiled:
- AM General
- BAE Systems
- CMI Group
- Diehl Defence
- Elbit Systems
- FNSS Savunma Sistemleri
- General Dynamics Corporation
- Krauss-Maffei Wegmann
- MKU
- Oshkosh Defense
- Palbam
- Rheinmetall AG
- RUAG Group
- Sabiex International
- Textron
- Thales
For more information about this report visit https://www.researchandmarkets.com/research/r2lnxn/armored_vehicles?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190121005374/en/