The Global Armored Vehicles and Counter IED Vehicles Market 2011–2021

The Global Armored Vehicles and Counter IED Vehicles Market 2011–2021

The global armored and counter IED vehicles market has an estimated value of US$25.1 billion for 2011. The market is expected to decline during the forecast period, as global operations in Afghanistan and Iraq are expected to end during this time. The market is expected to register a CARC of -0.43% during the forecast period, to reach US$24.1 billion by 2021. The cumulative market value for armored vehicles and counter IED vehicles during the forecast period is estimated at US$265 billion.

Source:  IED Vehicles Market

Buy Now :  Market Research

Despite the high fiscal deficit of North American countries, this region is expected to account for the largest share of the armored vehicles market during the forecast period, with a share of 31.9%. Countries in Europe are also facing high fiscal debt, which will reflect in the declining market for armored vehicles during the forecast period. Europe is expected to account for 26.5% of the total armored vehicles market during this time.

Strong economic growth, territorial disputes, domestic violence and the large troop size of regional forces will create a significant demand for armored vehicles in Asia, which will account for a share of 24.1% of the total armored vehicles market during the forecast period. Soaring oil prices and high economic development in the Middle East is expected to be reflected in the demand for armored vehicles in the region, which will account for 8.8% of the total armored vehicles market during the forecast period. South American countries are expected to modernize their armed forces over the forecast period; and their main modernization priority is expected to be on the air force and navy, and for other electronic and cyber warfare capabilities.

As a result, the demand for armored vehicles in the region will witness a slight increase, and South America will account for just 4.7% of the global armored vehicles market during the forecast period. The demand for armored vehicles in Africa is expected to be strong in the forecast period, driven by the discovery of new mineral and oil resources, and territorial and ethnic disputes. However, the small defense budget of countries in the region will result in a small market share of 4.1%.

Synopsis

• Top level overview of the global armored vehicles and counter IED vehicles market
• A breakdown of the regional spending patterns of armored vehicles and counter IED vehicles over the forecast period 2011 through 2021
• A breakdown of the global armored vehicles and counter IED vehicles market by segment forecasted from 2011 through 2021
• Insights on the armed forces modernization and defense spending pattern by region
• Extensive analysis on the emerging technological and market trends in the armored and counter IED vehicle sector
• Insights on the segment wise spending pattern in the armored vehicles and counter IED vehicles sector by country
• Comprehensive analysis of the top armored vehicle programs scheduled to be pursued by nations across the forecast period 2011-2021.
• Details of top companies active across the global armored vehicles and counter IED vehicles market

Summary
This report offers detailed analysis of the global armored and counter improvised explosive device (C-IED) vehicles market over the next ten years, and provides extensive market size forecasts by country and sub sector. It covers the key technological and market trends in the armored vehicles market. It further lays out an analysis of the factors influencing the demand for armored and counter IED vehicles, and the challenges faced by industry participants. In particular, it provides an in-depth analysis of the following:

• Global armored and counter IED vehicles market size and drivers: comprehensive analysis of the armored and counter IED vehicles market through 2011-2021, 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.
• Recent development and industry challenges: insights into technological developments in the armored and counter IED vehicles market, and an extensive analysis of the changing preferences of military forces around the world. It also provides the current consolidation trends in the industry and the challenges faced by industry participants.
• SWOT analysis of the armored vehicles market: exhaustive analysis of industry characteristics, determining the strengths, weaknesses, opportunities and threats faced by the armored and counter IED vehicles market.
• Global armored vehicles country analysis: analysis of the key drivers, market size and forecast till 2021, and major armored and counter IED vehicles programs expected to be in demand in the key markets in each region.
• Major programs: details of the major programs in each segment expected to be executed during the forecast period.
• Competitive landscape and strategic insights: detailed analysis of competitive landscape of the global armored and counter IED vehicles industry. It provides an overview of key defense companies catering to the armored vehicle sector, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Scope

• Analysis of the global armored vehicles and counter IED vehicles market size from 2011 through 2021
• Analysis of defense budget spending pattern by region
• Insights on the region wise defense modernization initiatives
• Sub-sector analysis of the armored vehicles and counter IED vehicles market
• Analysis of key global armored vehicles and counter IED vehicles market by country
• Key competitor profiling

Reasons To Buy

• Gain insight into the global armored and counter IED vehicle market with current and forecast market values
• Get insight on key drivers and attractiveness parameters of the global armored vehicles market
• Provides detailed analysis of the defense spending pattern including forecasts of military spending till 2021 by region
• Gain insight into various defense modernization initiatives around the world
• Get insight on the various factors impacting the growth of the armored vehicles market
• Gain comprehensive sub-sector market analysis including market values and forecast of the leading defense spending nations of the world
• Provides a thorough analysis of the recent developments in the global armored vehicles market including technological trends, industry consolidation trend, and key challenges
• Provides detailed information of the leading armored vehicle programs of major defense spending nations of the world
• Detailed profiles of 20 leading armored vehicles manufacturing companies across the world