Report Details

The Global Armored Vehicles and MRO Market 2018-2028

The Global Armored Vehicles and MRO Market 2018-2028

Report Format PDF & Excel
Pages 239
Publish Date Mar, 2018

The Global Armored Vehicles and MRO Market 2018-2028

Summary

The need to provide ground forces with increased capabilities pertaining to protection and munitions is expected to spur the armored vehicles market. The threat from neighbouring nations and insurgency issues is expected to be a major factor that will contribute to the increasing demand for armored vehicles. Furthermore, the large base of existing inventory, as well as new procurements throughout the next decade, will create the need for servicing and maintenance activities, which is anticipated to fuel the armored vehicles MRO market to a great extent.

In particular, the report provides an in-depth analysis of the following -

- Market size and drivers: detailed analysis during 2018-2028, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world

- Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of armored vehicle segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants

- Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand

- Major programs: details of the key programs in each segment, which are expected to be executed during 2018-2028

- Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis

Synopsis

The Global Armored Vehicles and MRO Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for armored vehicles, key market trends, and challenges encountered by industry participants.

Scope

- The global armored vehicles and MRO market is expected to grow at a CAGR of 4.59% over the forecast period.

- The market consists of six segments: MBT, IFV, APC, MRAP, LMV, and tactical trucks. The market is expected to be dominated by the MBT segment, followed by IFV and APC segments.

- Region wise, Asia Pacific is expected to lead the global armored vehicles and MRO during 2018-2028, followed by the North American and the European markets.

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global armored vehicles and MRO market over the next ten years

- Gain in-depth understanding about the underlying factors driving demand for different armored vehicle segments in the top spending countries across the world and identify the opportunities offered by each of them

- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

- Identify the major channels that are driving the global armored vehicles and MRO market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global armored vehicles and MRO market

- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top armored vehicle suppliers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Companies Mentioned in the Report

General Dynamics

Nexter SA

Denel Land Systems

Rheinmetall

Renault Truck Defense

Hyundai Rotem

Navistar Defense

Otokar

Thales

NORINCO

Uralvagonzavod

Krauss-Maffei Wegmann

Iveco

Panhard

BAE Systems.

Executive Summary 9

Global Armored Vehicles and MRO Market - Overview 12

Global Armored Vehicles and MRO By Region, 2018-2028

Global Armored Vehicles and MRO By Segment, 2018-2028

Market Dynamics 18

Demand Drivers: Analysis of factors that trigger spending within the sector

Trends: Prevalent practices, industry consolidation and procurement patterns within the market

Technological Developments : New products, processes and innovations recently inducted within the sector

Key Challenges: Obstacles affecting sector growth

Global Armored Vehicles Procurement Market - Segment Analysis 30

Segment Analysis: IFV 32

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: MBT 33

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: APC 34

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: LMV 35

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: Tactical Trucks 36

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: MRAP 37

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Global Armored Vehicles Procurement Market - Regional Analysis 40

Global Armored Vehicles Procurement - Regional Overview, 2018 & 2028

Regional Analysis: Asia Pacific 42

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Europe 44

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: North America 46

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Middle East 48

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Africa 50

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Latin America 52

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Global Armored Vehicles MRO Market - Segment Analysis 54

Segment Analysis: MBT MRO 56

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: IFV MRO 57

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: APC MRO 58

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: LMV MRO 59

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: Tactical Trucks MRO 60

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segment Analysis: MRAP MRO 61

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Global Armored Vehicles MRO Market - Regional Analysis 62

Global Armored Vehicles MRO - Regional Overview, 2018 & 2028

Regional Analysis: North America 64

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Europe 65

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Asia Pacific 66

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Middle East 67

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Africa 68

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Regional Analysis: Latin America 69

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Top Suppliers

Trend Analysis - Key Defense Markets 70

Top 10 Global Growth Opportunities Scores

Global Armored Vehicles and MRO - Country Overview, 2018 & 2028

Leading Segments in Key Countries

Country Analysis - 12 leading countries

Market size and CAGR growth analysis, 2018-2028

Change in market share, 2018-2028

Segmental Share (%), 2018-2028

Country Share (%), 2018 & 2028

Major Suppliers

Segmental Analysis

Armored Vehicles and MRO Market - Future Outlook (The Road Ahead) 156

Key Programs Analysis 159

Description of key programs

Delivery period, units and total expenditure

Competitive Landscape Analysis 182

Competitive analysis - 15 leading companies

Major Products and Services

Major Alliances and Recent Contracts

Financial Analysis covering Revenue, Operating Profit and Net Profit

Disclaimer 239

Research Methodology
The research study released with title "The Global Armored Vehicles and MRO Market 2018-2028" involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Key Executives Interviewed

The Global Armored Vehicles and MRO Market research

Research Programs/Design
Historical Data (2017-2022E)
  • Industry Trends
  • Competition Analysis & Landscape
  • By Company
  • Product Launches
  • Joint Venture & Partnerships
  • Merger & Acquisitions
  • Market Segment
  • by Type
  • by Application / End Users
  • By Regions/ Geography
  • Value in Dollar Term
  • Segment Revenue for Major & Emerging Players
  • Market Share
  • % Growth Rate
  • Current Scenario Analysis
  • Sales Volume by Key Players
  • % Market Share & Position
  • % Growth Rate
Market Factor Analysis
  • Market Environment
  • Government Policy & Regulatory Factors
  • Technological Changes
  • Market Risks & Challenges
  • Market Drivers
  • Market Maturity Indicators
  • Impact of Cost Variance
  • Growth Determinants
Market Forecast (2023F-2028F)
  • Overall Size (Value & Volume*)
  • by Type
  • by Application
  • By Region / Country
  • Key Data (Value & Volume*)
  • %Market Share
  • %Growth Rate
  • CAGR (2023-2028)

Market Size Estimation

Top-down and bottom-up approaches are used to validate and estimate the global/regional market size by manufacturers, regional splits, product segments and application.

To establish Research coverage of the study with most relevant & functional players HTF MI follows industry standards such as NAICS/SIC/ICB/TRCB, furthermore the sorted list of companies is validated using Product Mapping and business activities and shortlisted by industry perspective.

HTF MI select experienced analyst and associate that are specialized in the domain for conducting research. They prepare a list of companies by region that helps to understand players penetration rate in the market. This companies are further analyses in what segment or application they serve in our market. The list of product and applications are evaluated for each companies dealing in the The Global Armored Vehicles and MRO Market research. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand company’s positioning regarding market value, volume and their market share for regional as well as global. Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Online) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc from The Global Armored Vehicles and MRO Market research who then work towards appointment generation.

Primary Data Collection

The primary research is performed by taking the interviews of executives of various companies dealing in the The Global Armored Vehicles and MRO Market research as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and relevant list of appointee or target primary respondents; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & In Mail, Community Forums, Open Survey, SurveyMonkey etc.

Secondary Sources

The secondary resources considered in the The Global Armored Vehicles and MRO Market research study includes company annual reports, press releases, published articles of organizations and associations, and the survey taken through different mediums such as online website and forums, survey monkey, LinkedIn, etc. In addition, the valuable strategic information obtained from industry association, paid database, and investor presentations are also good tool for information to make appropriate iterative validation are used to modify market models and cross-verify primary research and insights.

Market Breakdown and Data Triangulation

To make market engineering data complete; extensive primary research is conducted to gather information and validate the critical numbers derived to be used for calculations of market statistics; market size estimations; forecasting; breakdown; and data triangulation. Both top-down and bottom-up approaches were applied, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Furthermore qualitative and further quantitative analysis is also done for all the numbers arrived at in the market estimation process to list relevant information in the final deliverable report "The Global Armored Vehicles and MRO Market 2018-2028" .

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Research Journals
  • Company Websites
  • White Papers
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • HTF MI Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segment value
Qualitative Analysis
  • Influencing Trends
  • Market Potential
  • Market Risks and Opportunities
  • Growth Drivers and Constraints
  • Geographical Footprints
  • Government Policies
  • Company Websites and Press Releases
  • Survey Reports and Paid Databases
  • Annual Reports
  • Industry Associations
  • HTF MI Database

Key Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments
  • Market Forecast (Value & Volume*) by Application, Type & Region / Country
  • History and Forecast
  • Market Size (Value & Volume) by Application
  • Market Size by Regions, Status & Forecast
  • Market Share & Growth Rate by Type & Application
  • Value by Key Business Segments
  • % Growth Rate by Segments
  • Growth Rate and Market Share by Regions
  • Market Size Status & Forecast
Total Market
  • Overall Size, Status & Forecast
  • Market Size Status & Forecast
Format Properties
1-User Access The report is sent in PDF format. The report will be emailed to you. This is a single user access license, allowing one specific user to access the report.
Site User The study would be provided in PDF format. The report will be emailed to you. This is a site license, allowing 1-10 employees within your organisation to access the report.
Enterprise User The format of deliverable would be PDF and Excel. This is an enterprise or corporate license, allowing all employees within your organisation irrespective of geographic location to access the report.

Frequently Asked Questions (FAQ):

Despite a recent slowing of demand, China commands a better position in The Armored Vehicles and MRO market and is expected to maintain continued market and production growth in the years ahead.
Historical year: 2018-2023; Base year: 2023; Forecast period**: 2024 to 2029 [** unless otherwise stated]
The The Armored Vehicles and MRO study offers high level qualitative commentary on market dynamics that includes details on growth drivers, influencing trends, challenges and opportunities.