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Market Report, "The Global Armored Vehicles MRO Market 2012-2022", published

New Defense research report from ICD-Research is now available from Fast Market Research

 
PRLog - Aug. 13, 2012 - This report is the result of ICD Research / Strategic Defence Intelligence's extensive market and company research covering the global armored vehicles MRO industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

Introduction and Landscape
Why was the report written?
"The Global Armored Vehicles MRO Market 2012-2022" offers the reader detailed analysis of the global armored vehicle MRO market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

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Full Report Details at
- http://www.fastmr.com/prod/446876_the_global_armored_vehicles_mro_market_20122022.aspx
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What is the current market landscape and what is changing?
The demand for armored vehicles MRO services is anticipated to be driven by ageing military equipment globally, technological innovations in the industry, internal and external security threats, territorial disputes and modernization initiatives undertaken by armed forces across the world. The expenditure in this segment during the forecast period is expected to be dominated by North America, followed by Asia Pacific and Europe. Despite the economic crisis in Europe, Europe's share of the global market is projected to increase during the forecast period, albeit marginally due to the scheduled deployment of various modernization programs which had been initiated in previous years

What are the key drivers behind recent market changes?
Technological innovations in the field of armored vehicles MRO have garnered significant interest over the last decade. With global defense budgets shrinking or glowing at a marginal pace, countries are now looking to maintain, repair and upgrade their defense equipment instead of developing new programs. Moreover, the recent nuclear proliferation being carried out by Iran has heightened military tensions between Iran, the US and Israel. The possible conflict has resulted in the US spending heavily on getting its existing military equipment ready for battle, which in turn is driving the armored vehicles MRO industry.

What makes this report unique and essential to read?
"The Global Armored Vehicle MRO Market 2012-2022" provides detailed analysis of the current industry size and growth expectations from 2012 to 2022, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits
Detailed market analysis.
The report provides detailed analysis of the market for armoured vehicles MRO during 2012-2022, including the factors that influence why countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.

The main providers in the industry.
Lockheed Martin, Navistar, BAE Systems, Rheinmetall, Mantech International, Honeywell International, SAIC, Thales, Northrop Grumman, General Dynamics, Nexter, Elbit Systems, Krauss-Maffei Wegmann (KMW), Oshkosh Defence

Market entry opportunities and entry strategies.
The armored vehicles MRO market is currently characterized by a focus on survivability and adaptability. Traditional threats such as enemy tanks or sophisticated antitank missiles have assumed less importance in recent years; while large improvised explosive devices (IED) and rocket propelled grenades (RPG) that are used to attack the more vulnerable flanks and rear of the armored vehicles, pose the maximum threat. Military operations in former Yugoslavia, Somalia, Israel and Iraq have shown the need for all-round protection particularly when operating in urban environments. Companies operating in the military armored vehicles MRO domain are now aware that solutions must be oriented towards protection against a range of threats including medium and large-calibre kinetic energy rounds, shaped-charge warheads, explosively formed projectiles, high explosive squash head, shell fragments and small arms.

Key Market Issues
Increased emphasis on technological innovations.
Technological innovations in the field of armored vehicles MRO have garnered significant interest over the last decade. With global defense budgets shrinking or glowing at a marginal pace, countries are now looking to maintain, repair and upgrade their defense equipment instead of developing new programs. Moreover, the recent nuclear proliferation being carried out by Iran has heightened military tensions between Iran, the US and Israel. The possible conflict has resulted in the US spending heavily on getting its existing military equipment ready for battle, which in turn is driving the armored vehicles MRO industry. Technological innovations in this domain are oriented towards developing stealth capabilities, enhancing armor protection and other counter insurgency measures.

Focus on survivability and adaptability.
The armored vehicles MRO market is currently characterized by a focus on survivability and adaptability. Traditional threats such as enemy tanks or sophisticated antitank missiles have assumed less importance in recent years; while large improvised explosive devices (IED) and rocket propelled grenades (RPG) that are used to attack the more vulnerable flanks and rear of the armored vehicles, pose the maximum threat. Military operations in former Yugoslavia, Somalia, Israel and Iraq have shown the need for all-round protection particularly when operating in urban environments. Companies operating in the military armored vehicles MRO domain are now aware that solutions must be oriented towards protection against a range of threats including medium and large-calibre kinetic energy rounds, shaped-charge warheads, explosively formed projectiles, high explosive squash head, shell fragments and small arms.

Balancing increased protection with reduced weight.

About ICD-Research

ICD Research is a full-service global market research consultancy service.  Their specialities include online research, qualitative and quantitative research, custom approach and actionable insights.  ICD-Research's capabilities provide a one-stop research and analysis service with full-spectrum consulting, from problem definition, through conducting fieldwork, to delivery of strategic recommendations.

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Industry:Defense
Tags:mro, vehicle, armored
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