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Defense mechanism: Stabilized military budgets and rising geopolitical tension will boost industry demand



Abstract

Armored Vehicle Manufacturing

The Armored Vehicle Manufacturing industry experienced significant declines over the five years to 2016. Prior to the five-year period, US combat operations in the Middle East and a climbing defense budget created a boom in demand for armored vehicles. However, just before the current five-year period, this trend reversed. The United States began to wind down combat operations in the Middle East, the defense budget was cut and the sequestration eventually kicked in. In the five years to 2021, the defense budget is anticipated to eventually stabilize, and development and production programs like the Armored Multi-Purpose Vehicle and the Joint Light Tactical Vehicle should increase demand for industry products. Moreover, increasing geopolitical tensions are anticipated to help operators maintain relatively high exports orders as more nations demand armored vehicles in order to stay ahead of rivals. Lastly, operators will also benefit from continued modification programs for the existing armored vehicle fleet.


This industry includes establishments engaged in manufacturing, modifying, repairing and servicing military armored vehicles. These vehicles are utilized in combat to transport infantry, ammunitions or to provide combat support. Tanks are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Armored Vehicle Manufacturing - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Navistar International Corp.

Oshkosh Corporation

General Dynamics Corp.

BAE Systems PLC

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