Global Armored Vehicle Market is On the Rise, Says Noealt Corporate Services in Its New Report Recently Published at MarketPublishers.com18 Oct 2016 • by Natalie Aster
LONDON – Nowadays, after a long lay-off, the global production of armored vehicles is gaining traction at a swift pace spurred by rising defense spending across the major global markets, recapitalisation of core assets (driven by changing world order and emerging geopolitical dynamics). Moreover, the resurgence of Russia and a significant increase of the Chinese military capabilities also have a vital impact on the world’s armored vehicles market upturn.
In the meantime, the USA Army is planning to upgrade and modernise its combat vehicle platforms in the short run in order to regain its technology led overmatch over rivals. Therefore, on the back of rolling out of a number of upgrade programs, the North American armored vehicles market is also expected to be on the rise in the years ahead.
As of the European armored vehicles market scenario, a rapid upsurge in defense expenditures is registered in countries across Northern and Central Europe as well as in the Baltics. A range of defense modernisation and replacement programs (aimed at replacement of ageing, cold war legacy armor) have been already initiated, brought up for discussion or are in the pipeline stage in the European countries now.
The Middle East and APAC regional markets for armored vehicles are likely to keep on growing, spurred by intensifying political conflicts in the Middle East. In the medium run, Australia and India are predicted to be the major country-wide growth markets in the region due to manifold replacement programs that have been already launched and also a number of multi-billion dollar orders for procurement of novel armored vehicles scheduled to be placed in the years to come.
New comprehensive research report “Strategic Factor Analysis Summary (SFAS) Framework (Quantitative SWOT) Analysis & OEMs Ranking - 2017 - Global Top 10 Armored Vehicle Manufacturers” elaborated by Noealt Corporate Services draws a detailed picture of the world’s armored vehicles market, includes a detailed analysis of the competitive landscape and offers thorough profiles of world top ten manufacturers in the market. The report comprises competitive assessment, comparative analysis and strategic positioning analysis for each company. The report sheds light on the market dynamics, includes SFAS framework analysis, offers historical insights, provides the market growth driving and limiting forces, highlights top technological trends and discusses burning issues. Strategic market future outlook through 2020 is also available here, too.
Other research reports by Noealt Corporate Services are available in this Market Publishers’ catalogue.