- The global military armored vehicles and MRO market is expected to value US $ 22.5 billion in 2016 , and will grow at a CAGR of 3.71 %, to value US $ 32.4 billion by 2026 .
- The market is split into six segments : MBTs , IFVs , APCs , MRAPs , LMVs , and tactical trucks . IFVs will lead the market , with a share of 32.2 %, followed by the MBT segment , accounting for a share of 25.8 %. APC is projected to be the third largest segment with a share of 17.4 %, followed by LMVs with a share of 11.1 %. Tactical trucks and MRAPs are projected to capture 8.3 % and 5.2 % of the global market during 2016-2026 .
- The Asia Pacific region is projected to lead the global armored vehicles and MRO market during 2016-2026 , with a share of 26.8 % of the global market . North America and Europe are also expected to account for a significant portion of the total military armoured vehicles and MRO market during the forecast period , with shares of 24.8 % and 23.9 % respectively
Synopsis
The Global Military Armoured Vehicles and MRO Market2016-2026 report offers a detailed analysis of the industry , with market size forecasts covering the next ten years . This report will also analyze factors that influence demand for armored vehicles , key market trends , and challenges faced by industry participants .
Read Sample report of this Category : http :// www . radiantinsights . com / catalog / defense In particular , it provides an in-depth analysis of the following :
- Market size and drivers : detailed analysis during 2016-2026 , including highlights of the demand drivers and growth stimulators . It also provides a snapshot of the spending and modernization patterns of different regions around the world .
- Recent developments and industry challenges : insights into technological developments and a detailed analysis of the changing preferences of armored vehicle segments around the world . It also provides trends of the changing industry structure and the challenges faced by industry participants .
- Regional highlights : study of the key markets in each region , providing an analysis of the key segments of the market that are expected to be in demand .
- Major programs : details of the key programs in each segment , which are expected to be executed during 2016-2026 .
- Competitive landscape and strategic insights : analysis of the competitive landscape of the global market . It provides an overview of key players , together with information regarding key alliances , strategic initiatives , and financial analysis .
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