The global armored vehicles market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. One of the major factors that are contributing to market growth is the growing demand for the tensions between the nations in recent years. Countries such as China, India, the US, Russia, and others have been continuously raising the demand for armored vehicles for safety. For instance, in September 2019, Thailand received 10 US-made armored vehicles. Thailand’s government planned to acquire 120 US-made armored vehicles by the end of 2020.
Get Free Sample link @ https://www.omrglobal.com/request-sample/armored-vehicles-market
The global armored vehicles market is segmented based on the vehicle type, drive type, and application. Based on the vehicle type, the market is segmented into armored personnel carrier (APC), infantry fighting vehicle (IFV), mine-resistant ambush-protected (MRAP), main battle tank (MBT), and others. Other type of vehicle is segmented into light-protected vehicle and armored mortar carrier. Based on the drive type, the market is sub-segmented into the wheel and track. Based on the application, the market is sub-segmented into defense, and commercial. The above-mentioned segments can be customized as per the requirements. Based on vehicle type, infantry fighting vehicle (IFV) holds the major share in the market owing to the tactical advantage to provide direct-fire support along with infantry troop carrying capabilities.
full report of Armored Vehicles Market available @ https://www.omrglobal.com/industry-reports/armored-vehicles-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Armored Vehicles Market Report Segment
By Vehicle Type
- Armored Personnel Carrier (APC)
- Infantry Fighting Vehicle (IFV)
- Mine-resistant Ambush Protected (MRAP)
- Main Battle Tank (MBT)
- Others (Light Protected Vehicle, and Armored Mortar Carrier)
By Drive Type
- Wheel
- Track
By Application
- Defense
- Communication
Global Armored Vehicles Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global armored vehicles market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/armored-vehicles-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
