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Global Military Armored Vehicles and Counter-IED Vehicles Market 2019-2023 | Evolving Opportunities with BAE Systems and General Dynamics | TechnavioThe global military armored vehicles and counter-IED vehicles market is poised to grow by USD 6.38 billion during 2019-2023, progressing at a CAGR of over 4% during the forecast period. Request Free Sample Pages This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200122005400/en/ 
Technavio has announced its latest market research report titled global military armored vehicles and counter-IED vehicles market 2019-2023. (Graphic: Business Wire) Read the 146-page research report with TOC on "Military Armored Vehicles and Counter-IED Vehicles Market Analysis Report by Product (Infantry fighting vehicle (IFV), Armored personnel carrier (APC (News - Alert)), Main battle tank (MBT), Self-propelled howitzer (SPH), and Others), by Geography (APAC, Europe, Middle East and Africa, North America, and South America), and Segment Forecasts, 2019 - 2023". The ongoing digitization of battlefield operations and integration of Directed Energy Weapons (DEW) are factors anticipated to boost the growth of the market. Battlefield digitization or the digitization of battlefield operations automates the command and control operations across battlefields. It has enabled the introduction of information-based weapon systems and modern armored vehicle-mounted jamming systems. These systems provide effective firepower and knowledge to vehicle crews to improve the current tactics, techniques, and procedures of the military. Currently, the US Army is testing the Electronic Warfare Tactical Vehicle (EWTV), which can detect a variety of signals, ranging from cellphones to control links for enemy UAVs. Such military armored vehicles and counter-IED vehicles help in the detection of incoming counter-terrorism and projectiles. Thus, the ongoing digitization of battlefield operations is expected to drive market growth during the forecast period.
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Major Five Military Armored Vehicles and Counter-IED Vehicles Market Companies: BAE Systems is headquartered in the UK and operates the business under various segments such as Cyber & Intelligence, Platforms & Services (US), Platforms & Services (UK), and Platforms & Services (International). The company offers Warrior, which is a family of IFVs equipped with a 30mm RARDEN Cannon. General Dynamics (News - Alert) General Dynamics is headquartered in the US and offers products through the following business units: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems. The company offers ASCOD, PIRANHA, PANDUR, and EAGLE. Lockheed Martin (News - Alert) Lockheed Martin is headquartered in the US and operates under various business segments, namely Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The company offers Multiple Launch Rocket System (MLRS) M270, MLRS M270A1, and Reduced-Range Practice Rocket (RRPR). OSHKOSH DEFENSE OSHKOSH DEFENSE is headquartered in the US and offers products through the following business segments: Light tactical, Medium tactical, MRAP, Heavy tactical, Aircraft rescue firefighting, and Vehicle systems. The company offers L-ATV, JLTV, S-ATV, FMTV, and Medium Tactical Vehicle Replacement (MTVR). Rheinmetall Defence Rheinmetall Defence is headquartered in Germany and offers products through the following business segments: Weapon and ammunition, Electronic solutions, and Vehicle systems. The company offers Leopard, Lynx, Wiesel 1 & 2, Boxer, and Armored Multi-Purpose Vehicle.
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Military Armored Vehicles and Counter-IED Vehicles Product Outlook (Revenue, USD Million, 2019 - 2023)
Military Armored Vehicles and Counter-IED Vehicles Regional Outlook (Revenue, USD Million, 2019 - 2023)
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Related Reports on Industrials include: Commercial and Military Parachute Market - Global Commercial and Military Parachute Market by type (round, ram-air, square and cruciform, and drogue) and geography (APAC, Europe, MEA, North America, and South America). Military Laser Designator Market - Global Military Laser Designator Market by geography (APAC, Europe, MEA, North America, and South America) and product (vehicle-mounted and man-portable). About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. View source version on businesswire.com: https://www.businesswire.com/news/home/20200122005400/en/ |
