Military Armoured Vehicle Market Worth $14 Bn In 2017

Wednesday 2 August 2017, Amsterdam

This new report, now available on ASDReports, the Military Armoured Vehicle Market Report 2017-2027: Forecasts by Product (Main Battle Tank (MBT), Medium Armoured Vehicle (MAV), Light Protected Vehicle (LPV), Mine-Resistant Ambush-Protected (MRAP), Other Armoured Vehicle), Forecasts by Type (Wheeled, Tracked), and by Leading National Markets indicates that the global military armoured vehicle market will see $14bn in spending in 2017.

The lead analyst of the report said e.g. “Armoured vehicles are a core aspect of many nations’ military spending as they attempt to reach parity with other state actors as well as gain considerable advantage over asymmetric threats. Armoured Vehicles have proven their worth in a large number of military operations, and their development can often drive a nation’s domestic automotive industry. Besides, the security challenges over the globe have fueled an era where armored vehicles are a military necessity. The market for armored vehicles is developing right now at an slow pace. It is expected that new opportunities for armored vehicles manufacturers globally will develop.”

The 311 page report contains 300 tables, charts and graphs that add visual analysis in order to explain developing trends within the military armoured vehicles market. The key player provides sales forecasts for the period 2017-2027 for 2 sets of submarkets, namely: by Product (Main Battle Tank (MBT), Medium Armoured Vehicle (MAV), Light Protected Vehicle (LPV), Mine-Resistant Ambush-Protected (MRAP), Other Armoured Vehicle), and by Type (Wheeled, Tracked).

The 311 page report offers market forecasts and analysis for 14 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 8 companies leading the field in military armoured vehicles.