World Armored and Counter IED Vehicles Market Size and Drivers 2023

RnRMarketResearch.com adds “The Global Armored and Counter IED Vehicles Market 2013-2023 – Market Size and Drivers: Market Profile” new report on its database.

Synopsis

This report provides readers with a comprehensive analysis of the Armored and Counter IED Vehicles market through 2013-2023, including highlights of the demand drivers and growth stimulators for Armored and Counter IED Vehicles. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.

Summary

The global armored and counter IED vehicles market valued US$23.4 billion in 2013, and will increase at a CAGR of 2% during the forecast period, to reach US$28.7 billion by 2023. The market consists of six categories: APCs, LMVs, IFVs, MRAPs, MBTs and Tactical Trucks. The IFV segment is expected to account for 34% of the global armored and counter IED vehicles market, followed by the MBT segment with a share of 26.2%.

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Reasons To Buy

The Global Armored and Counter IED Vehicles Market 2013-2023 – Market Size and Drivers: Market Profile” allows you to:

- Gain insight into the Armored and Counter IED Vehicles market with current and forecast market values.

- Understand the key drivers and attractiveness parameters of the global Armored and Counter IED Vehicles market.

- Understand the various factors impacting the growth of the Armored and Counter IED Vehicles market.

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Table of Content

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence

2 Global Armored and Counter IED Vehicles Market Size and Drivers
2.1 Armored and Counter IED Vehicles Market Size and Forecast 2013-2023
2.1.1 Global armored and Counter IED vehicles market expected to increase during the forecast period
2.2 Global Armored and Counter IED Vehicles Market - Regional Analysis
2.2.1 North America is expected to lead the global Armored and Counter IED vehicles market
2.2.2 New programs in armored vehicles in the US to support the global armored and counter IED vehicles market
2.2.3 Armored and counter IED vehicles market to be robust in Europe
2.2.4 Asia to be a lucrative market for armored and counter IED vehicles
2.2.5 Saudi Arabia and Israel expected to lead the armored and counter IED vehicles market in the Middle East
2.2.6 Demand for armored and counter IED vehicles in Africa is expected to reach US$910 million by 2023
2.2.7 Brazil to lead the armored and counter IED vehicles sector in the Latin American region
2.3 Armored and Counter IED vehicles Sub-Sector Market Size Composition
2.3.1 Infantry Fighting Vehicles and Main Battle Tanks to witness strong demand
2.3.2 IFVs to account for the highest expenditure in the global armored and counter IED vehicles market
2.3.3 Market size of Main Battle Tanks expected to grow at a CAGR of 4.1% during forecast period
2.3.4 Armored Personnel Carriers market to experience a marginal decline
2.3.5 Scheduled withdrawal of peacekeeping forces and integration of anti-mine armors on all vehicles to lower MRAP vehicle market
2.3.6 Light Multirole Vehicles market size is expected to decline during the forecast period
2.3.7 Tactical trucks market size expected to witness steady decrease in demand
2.4 Demand Drivers and Growth Stimulators
2.4.1 International peacekeeping missions expected to propel demand for armored and counter IED vehicles
2.4.2 Modernization initiatives will drive the demand for armored and counter IED vehicles
2.4.3 Internal and external security threats fuel the global demand for armored and counter IED vehicles
2.4.4 Increasing costs and capability of armored and counter IED vehicles result in demand for multirole vehicles
2.5 Defense Budget Spending Review
2.5.1 European capital expenditure expected to increase during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to decline marginally during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Debt crisis in Europe leading to postponement of modernization plans
2.6.2 Arms race in Asia reflected in modernization plans
2.6.3 North American modernization plans marginally affected by economic recession
2.6.4 Modernization programs in South America driven by replacement of obsolete armaments
2.6.5 African countries mainly spending on infantry weapons and surveillance and monitoring equipment to slow growing crime rate
2.6.6 Middle Eastern countries pursuing modernization of air force and air defense systems

3 Appendix
3.1 Methodology
3.2 About SDI
3.3 Disclaimer

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