Global Armoured Retrofit Market
Armoured vehicles are inclusive of land and logistics-oriented vehicles used for transportation of artillery and personnel, and also during active combat by the armies (and other equivalent military land forces). In addition to being protected by armour, most of the active combat vehicles need to be armed with weapons. Armoured vehicles are seen as a significant asset to a countrys army and are widely used to showcase its military power on the global stage. Valued at US$ XX in2017, the market is expected to register a compound annual growth rate of XX% during the period 2017-2022 to reach an estimated projection worth US$ XX by 2022.
Considering the large number of military operations that are scheduled to end around 2020, the 2017-2022 period is a very ripe interval for the global armoured vehicles upgrade retrofit market. However, considering the turbulence in defence budget allocations and the risky nature of the industry, the market is expected to receive some turbulence as well. Another important factor to consider is the exclusivity granted to only a certain number of operators and vendors in the military field. Key market drivers targeted at the markets growth in the forthcoming years include initiatives for modernisation of military armoured vehicles and the growing popularity of integrated system solutions.
Many popular MBT (Main Battle Tank) models have been witnessing significant upgrades, namely the Fourth Generation MBT Russian Armata and the cheaper solution at upgrading the Third Generation armoured MBTs.
One major hindrance suffered by the market that could possibly lead to a downturn in the future is the limited on-vehicle network capability.
The market is segmented on the basis of vehicle type, of which the general dynamics segment held the largest share in 2017. This segment is expected to remain dominant throughout the rest of the forecast period as well.
Regionally, the market is broken down into the Americas, Asia-Pacific, and EMEA (Europe, Middle-East, and Africa). Amongst these, the American segment leads in terms of growth and total market share. However, considering the reduction in the defence budget allocations in the prominent economies in the region, namely the USA, and rising military power in several emergent economies in Asia-Pacific, namely China, India, Israel, and Korea, Asia-Pacific is expected to dominate the North American market specifically in the forthcoming years. Presently, the Asia-Pacific region accounts for about 42% of the overall main battle tanks serving worldwide.
FNSS SavunmaSistemleri, AM General, MKU, Oshkosh Defense, BAE Systems, Diehl Defence, Sabiex International, Elbit Systems,Palbam, General Dynamics, Rheinmetall, and Thales Group constitute a good share of the total number of Key players in the global armoured vehicles upgrade and retrofit market.
> Global Armoured Retrofit Market segments
> Global Armoured Retrofit Market Drivers, Restraints and Opportunities
> Global Armoured Retrofit Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Armoured Retrofit Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> North America
>>US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Westren Europe
> Eastern Europe
>> Rest of Eastren Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Global Armoured Retrofit Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
Global Military Embedded Systems Market by Component (Hardware, and Software), by Product Type (Advanced Telecom Computing Architecture, Compact-PCI Board, Compact-PCI (CPCI) Serial, VME Bus, Open VPX, Motherboard & Computer-On-Module (COM), Single Board Computers, Micro-TCA And Advanced-MC, and Others)
Global military embedded systems market likely to propelling due to rising demand for new and advanced electronic combat systems and increased focus on cloud computing and wireless technologiesGlobal military embeddedView Report
Global Ultralight Aircraft Market Research Report 2015-2027 of Major Types, Applications and Competitive Vendors in Top Regions and Countries
The Global market for Ultralight Aircraft is estimated to grow at a CAGR of roughly X.X% in the next 8 years, and will reach USD X.X million in 2027, fromView Report
The Armoured Glass market has witnessed growth from USD XX million to USD XX million from 2014 to 2019. With the CAGR of X.X%, this market is estimated to reachView Report
Global Armoured Fighting Vehicles Market Report 2019 - Market Size, Share, Price, Trend and Forecast
The global market size of Armoured Fighting Vehicles is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by theView Report
Fill The Form For Sample Request