Global Armored Vehicles Upgrade and Retrofit Market Research Report and Forecast 2021-2026
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Report Description and Highlights
Report Description
Global Armored Vehicles Upgrade and Retrofit Market Outlook 2026: The latest report by IMARC Group, titled “ Armored Vehicles Upgrade and Retrofit Market: Global Industry Trends, Share, Size, Growth, Opportuni ty and Forecast 2021-2026 ,” finds that the global armored vehicles upgrade and retrofit market reached a value of US$ 6.3 Billion in 2020. Armored vehicles are transportation and land combat vehicles used for offensive and defensive operations. They include high precision and heavily armed weapons and ammunitions that protect against shell fragments, bullets and projectiles. They also transport military personnel, cargo and aid in the operation of active combats. In recent years, armored vehicles upgrade and retrofit have gained prominence as they reduce the risk of attack and damage, and ensure the security of military personnel and cargo. Request for a free sample: https://www.imarcgroup.com/armoured-vechicles-upgrade-retrofit-market/requestsample
Report Description and Highlights
Report Description
Global Armored Vehicles Upgrade and Retrofit Market Trends: The market is primarily driven by the rising number of terrorist attacks, hostile activities, and crossborder disputes across the globe. This has resulted in the need for advanced technologies incorporated with existing land vehicles, which is facilitating the uptake of armored vehicles upgrade and retrofit solutions. Besides this, governments of various countries are undertaking major steps to upgrade the existing and aging fleet of military vehicles to prevent terrorism and terrorism-related attacks and casualties. They are also investing in improving vehicle performance, lethality, and onboard communication systems. Furthermore, ongoing research and development (R&D) activities have introduced advanced weapons systems, innovative materials for the protection and armor of the vehicles, and enhanced communication systems, thereby creating a positive outlook for the market. In addition, the integration of artificial intelligence and robotics that can automatically detect and track targets are fueling the market growth. Looking forward, IMARC Group expects the global armored vehicles upgrade and retrofit market to exhibit moderate growth during 2021-2026.
Report Description and Highlights Report Description Market Summary: Breakup by Vehicle Type: • Armored Personnel Carrier (APC) • Infantry Fighting Vehicle (IFV) • Mine-Resistant Ambush Protected (MRAP) • Main Battle Tank (MBT) Breakup by Design: • Wheeled Armored Vehicles • Tracked Armored Vehicles Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Report Description and Highlights Report Description Competitive Landscape With Key players: • AM General • FNSS Savunma Sistemleri • MKU • Oshkosh Defense • Sabiex International • BAE Systems • Diehl Defence • Elbit Systems • General Dynamics • Palbam • Rheinmetall • Thales Group View Report TOC, Figures and Tables: https://www.imarcgroup.com/armoured-vechicles-upgrade-retrofit-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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