Global armored vehicle market to reach USD 34.96 B by 2024

reogma|Global armored vehicle market to reach USD 34.96 B by 2024

Global Armored Vehicle Market was valued at USD 25.5 billion in 2018 and is estimated to reach USD 26.87 billion by the year 2019.

It is expected to grow at the CAGR of  5.4% within the time horizon of 2019-2024 because of rising criminal activities and growing commercial security market.

It will reach USD 34.96 billion by the year 2024.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Armored vehicles are a type of vehicles either wheeled or tracked, which ride on land and are protected by tough metal layer of by layers of depleted uranium or stainless steel. They have the capacity of mobility and defensive qualities.

They are used for the defense and commercial purpose. Here, armored personal carrier, infantry fighting vehicle, light protected vehicle, main battle tank, mine-resistant ambush protected and tactical vehicles are used for the defense purpose while van, limousine, sedan and sport utility vehicle are used for the commercial purpose (VIP protection, armed convoys, patrols).

On the basis of type of platform and application, armored vehicle market is segmented into following:

reogma|Global armored vehicle market to reach USD 34.96 B by 2024


This report is 11 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Global home energy management systems (HEMS) market to reach USD 4.41 B in 2024

Tue Feb 19 , 2019
Global Armored Vehicle Market was valued at USD 25.5 billion in 2018 and is estimated to reach USD 26.87 billion by the year 2019. It is expected to grow at the CAGR of  5.4% within the time horizon of 2019-2024 because of rising criminal activities and growing commercial security market. […]
reogma|Global armored vehicle market to reach USD 34.96 B by 2024reogma|Global armored vehicle market to reach USD 34.96 B by 2024

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.