AP NEWS

Military Armored Vehicles and Counter-IED Vehicles: Global Market Overview & Outlook, 2019-2023 - ResearchAndMarkets.com

February 7, 2019

DUBLIN--(BUSINESS WIRE)--Feb 7, 2019--The “Global Military Armored Vehicles and Counter-IED Vehicles Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The military armored vehicles and counter-IED vehicles market will register a CAGR of over 4% by 2023.

Integration of Directed Energy Weapons (DEW) to drive market demand

The race for achieving military dominance has intensified due to the emergence of advanced weapons capabilities of advanced nations such as the US and Russia. Such technologies include hypersonic missiles, hypersonic rail guns, and DEW. DEWs are devices that emit highly focused energy such as laser, microwave, electromagnetic radiation, radio waves, sound or particle beams.

Ongoing digitization of battlefield operations

Battlefield digitization means a system wherein the components are integrated into the force. Evaluated, acquired, and updated together to the maximum extent possible. The introduction of information-based weapon systems capable of providing combat vehicle crews with effective firepower and knowledge base to coordinate and employ both on-board and external sensors and weapons will change the current tactics, techniques and procedures of the military.

Short effective life of new technologies

The pace of technological development is revolutionizing warfare and improvements in weaponry have resulted in strategic deployment and precise attacks being carried out as per requirement and carry the potential to change the balance of power. Although the fast-paced adoption of technology is often considered to offer a tactical advantage to the deploying forces, the advantage is short-lived as there is always a chance of the opponent developing and adopting a better one.

Competitive Landscape

The market appears to be fragmented, and with the presence of several companies including BAE Systems and General Dynamics, the competitive environment is quite intense.

Key Players

BAE Systems General Dynamics Lockheed Martin Oshkosh Defense Rheinmetall Defence Rostec

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Comparison by product Infantry fighting vehicle (IFV) - Market size and forecast 2018-2023 Armored personnel carrier (APC) - Market size and forecast 2018-2023 Main battle tank (MBT) - Market size and forecast 2018-2023 Self-propelled howitzer (SPH) - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic comparison APAC - Market size and forecast 2018-2023 North America - Market size and forecast 2018-2023 Middle East and Africa - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

Advent of hybrid drivetrains in MRAPs Adoption of active camouflage Integration of Directed Energy Weapons (DEW)

PART 11: VENDOR LANDSCAPE

Overview Landscape disruption Competitive scenario

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors BAE Systems General Dynamics Lockheed Martin Oshkosh Defense Rheinmetall Defence Rostec

For more information about this report visit https://www.researchandmarkets.com/research/tncskl/military_armored?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190207005741/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:C4ISR,Tanks and Armored Vehicles

KEYWORD:

INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/07/2019 02:05 PM/DISC: 02/07/2019 02:05 PM

http://www.businesswire.com/news/home/20190207005741/en

AP RADIO
Update hourly