World Armored Vehicle MRO Market Analyzed in New iCD Research and SDI Study Available at MarketPublishers.com02 Aug 2012 • by Natalie Aster
LONDON – The value of the armored vehicle MRO market (armored personnel carriers, main battle tanks, mine resistant ambush protected vehicles and tactical trucks) is expected to increase at a CAGR of 5.86% between now and 2021.
The expenditure in this segment during the forecast period is expected to be dominated by North America, with the US and Canada being the largest defense spenders in the region. The top markets in Europe for armored vehicles are expected to be Russia, the UK and France, where APCs, IFVs and LMVs are expected to account for the largest share of the market. India, China and South Korea are the leading markets for armored vehicles in Asia, as these countries face threats such as territorial disputes and domestic violence, resulting in considerable demand for MBTs. South Africa dominates the African armored vehicles market, with a total expected value of over USD 1 billion for the forecast period.
New study “The Global Armored Vehicles MRO Market 2012-2022” developed by iCD Research and Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.
The Global Armored Vehicles MRO Market 2012-2022
Published: July, 2012
Price: US$ 4.800,00
The market study offers extensive analysis of the worldwide armored vehicles MRO industry over the next ten years. It provides a detailed review of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the top companies operating in the marketplace, as well as key news.
Companies discussed include: Lockheed Martin, Navistar, BAE Systems, Rheinmetall, Mantech International, Honeywell International, SAIC, Thales, Northrop Grumman, General Dynamics, Nexter, Elbit Systems, Krauss-Maffei Wegmann (KMW), and Oshkosh Defence.
More new market studies by the publisher can be found at iCD Research page.