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Global Military Fighting Vehicles Market Analysis To Grow At CAGR Of 3.26% Over period 2017-2021

Press release   •   Jul 17, 2017 04:49 EDT

Latest industry research report on: Global Military Fighting Vehicles Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Military fighting vehicles (MFVs) aim to integrate operational mobility and tactical offense and are, therefore, armed with weapons, sensors, and other combat systems. They are designed for both on- and off-road combat capabilities. MFVs are classified according to their role on the battlefield. Some MFVs like main battle tanks (MBTs) are used for offensive purposes and are armed with heavy guns and cannons. Others like armored personnel carriers (APCs) are transport defense personnel and supplies to battle stations while protecting them with cover fire.

Technavios analysts forecast the global military fighting vehicles market to grow at a CAGR of 3.26% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global military fighting vehicles market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Military Fighting Vehicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Denel SOC
  • General Dynamics
  • OSHKOSH DEFENSE
  • Rheinmetall
  • Thales

Other prominent vendors

  • BAE Systems
  • Navistar Defense
  • NORINCO
  • Renault Trucks Defense
  • ST Engineering
  • UralVagonZavod (UVZ)

Market driver

Increasing civil unrest within countries

For a full, detailed list, view our report

Market challenge

Cost overruns and program delays

For a full, detailed list, view our report

Market trend

Open architecture for interoperability of systems

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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