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Global Armored and Counter IED Vehicles Market 2014-24 Market, Size, Drivers
MarketResearchReports.Biz presents this most up-to-date research on "Global Armored and Counter IED Vehicles Market 2014"
This report provides readers with a comprehensive analysis of the Armored and Counter IED Vehicles market through 2014-2024, including highlights of the demand drivers and growth stimulators for Armored and Counter IED Vehicles. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.
The global armored and counter IED vehicles market valued US$18.4 billion in 2014, and will increase at a CAGR of 3.45% during the forecast period, to reach US$25.8 billion by 2024. The market consists of six categories: APCs, LMVs, IFVs, MRAPs, MBTs and Tactical Trucks.
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Gain insight into the Armored and Counter IED Vehicles market with current and forecast market values.
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Table of Content
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Armored and Counter IED Vehicles Market Size and Drivers
2.1 Armored and Counter IED Vehicles Market Size and Forecast 2014–2024
2.1.1 Global armored and Counter IED vehicles market expected to increase during the forecast period
2.2 Global Armored and Counter IED Vehicles Market – Regional Analysis
2.2.1 Asia Pacific is expected to lead the global Armored and Counter IED vehicles market
2.2.2 Asia Pacific to be the largest market for armored and counter IED vehicles
2.2.3 New programs in armored vehicles in the US to support the global armored and counter IED vehicles market
2.2.4 Armored and counter IED vehicles market to be robust in Europe despite budgetary pressures
2.2.5 Saudi Arabia and Israel expected to lead the armored and counter IED vehicles market in the Middle East
2.2.6 Brazil to lead the armored and counter IED vehicles sector in the Latin American region
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2.2.7 Demand for armored and counter IED vehicles in Africa is expected to reach US$1.2 billion by 2024
2.3 Armored and Counter IED vehicles Sub–Sector Market Size Composition
2.3.1 Infantry Fighting Vehicles and Main Battle Tanks to witness strong demand
2.3.2 IFVs to account for the highest expenditure in the global armored and counter IED vehicles market
2.3.3 Market size of MBTs expected to grow at a CAGR of 4.27% during forecast period
2.3.4 Armored Personnel Carriers market to experience a marginal increase
2.3.5 Scheduled withdrawal of peacekeeping forces and integration of anti-mine armors on all vehicles to result in marginal reduction in the MRAP vehicle market
2.3.6 Light Multirole Vehicles market size is expected to register an increase during the forecast period
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2.3.7 Tactical trucks market size expected to decrease over the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 Rise in asymmetric warfare driving the growth and innovation in the sector
2.4.2 International peacekeeping missions expected to propel demand for armored and counter IED vehicles
2.4.3 Modernization initiatives will drive the demand for armored and counter IED vehicles
2.4.4 Internal and external security threats fuel the global demand for armored and counter IED vehicles
2.5 Defense Budget Spending Review
2.5.1 Asian defense budgets expected to increase at a robust pace
2.5.2 North American defense expenditure projected to increase marginally during the forecast period
2.5.3 European capital expenditure expected to increase during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
2.6.3 Global economic slowdown leading to defense budget cuts in the North American region
2.6.4 Need to replace aging equipment driving South American defense expenditure
2.6.5 Security threats increasing the defense budget of African countries
2.6.6 Demand for armored vehicles is likely to increase in the Middle East
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