Global Armoured Vehicles Upgrade and Retrofit Market - Growth, Trends and Forecast (2018 - 2023)
|発行||Mordor Intelligence LLP||商品コード||597201|
|出版日||ページ情報||英文 100 Pages
|世界の装甲車のアップグレードおよびレトロフィット市場：車両タイプ（装甲戦闘車、装甲回収車、装甲兵員輸送車）、装甲レベル、地域別の市場予測および分析（2018-2023） Global Armoured Vehicles Upgrade and Retrofit Market - Growth, Trends and Forecast (2018 - 2023)|
|出版日: 2018年04月18日||ページ情報: 英文 100 Pages||
The market has been segmented by technology, which includes active protection system, interoperable communication, modular ballistic armor, electric armor, situational awareness, active mine protection, and vehicle information integration. Geographically, the armored vehicles upgrade and retrofit market is led by the US, Canada, the UK, and Germany, and India, Russia, Malaysia, UAE, China, Israel, Japan, and Korea in Asia-Pacific.
Growing Demand for Commercial Aircraft Windows and Windshields Market
Amid the economic woes in Europe and defense budget cut in the US, companies are facing high levels of uncertainty in the market. However, there has been a growing interest from the emerging markets in APAC and the Middle East. Western military forces are mainly looking for high-end and modernized military armored vehicles and large-scale modernization of the existing fleet of vehicles.
The emerging countries in APAC and the Middle East are also strengthening their fleet of armored vehicles with modern systems and capabilities.
The US is expected to remain a big consumer of upgrade and retrofit of armored vehicles. Excluding Russia, Europe has around 7,500, equivalent to 14%, of the main battle tanks (MBTs). Also, 23 European countries have procurement of armored vehicles underway or planned shortly. It is expected to launch new vehicles manufactured by European manufacturing companies. The armored vehicles upgrade and retrofit market of other countries in Europe (Turkey, Kazakhstan, Afghanistan, etc.) is expected to register a CAGR of over 2% and reach USD 0.53 billion by 2023.
Key Players include - AM General, MKU, Oshkosh Defense, Sabiex International, BAE Systems, and Thales Group, among others.
Key Developments in the Market
February, 2017- General Dynamics Land Systems signed a contract worth USD 308 million with the Government of Canada, to upgrade their 141 Light Armored Vehicles.
September 28, 2017- Biscuits to armored cars: Midland's old Pillsbury plant has a new owner. The Pillsbury plant in Midland was once known for its fluffy, rich biscuits, but now an armored car manufacturer has rolled out the dough to transform the facility.
March 2017- Navistar has bagged a USD 35 million contract from the US Department of Defense to supply 40 MaxxPro Dash DXM mine-resistant, armored trucks to the Pakistan Army. The US-based truck major had a joint venture with India's tractor and utility vehicle maker Mahindra & Mahindra (M&M).
January 2017- The Kharkiv Morozov Machine Building Design Bureau (KMDB) is reportedly developing an infantry fighting vehicle (IFV) using the Oplot-M main battle tanks (MBT) chassis.
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Provides latest insights into global armored vehicles upgrade and retrofit market
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Forecasts the market value by assessing the impact of the market drivers and constraints
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3 month analyst support, along with the Market Estimate Sheet (in Excel).