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Military Ground Vehicle Manufacturing Global Market Briefing 2018

Military Ground Vehicle Manufacturing Global Market Briefing 2018

  • April 2018
  • 34 pages
  • ID: 5376905
  • Format: PDF

Summary

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Military ground vehicle market comprises establishments primarily engaged in manufacturing combat tanks, military armored vehicles and unmanned ground vehicles, specialized components for combat tanks and self-propelled weapons.

Asia Pacific was the largest region in the military ground vehicles manufacturing market in 2017, accounting for 46.1% share in the market. The defense and security challenges faced by many Asian countries have significantly increased during the last few years, forcing the governments to enhance military ground capabilities in order to defend their land territory. Countries such as China, India, Pakistan, North Korea and South Korea have procured military ground vehicles including tanks in large numbers to secure their respective borders. Hence, the military ground vehicles market in Asia-Pacific was the largest market in 2017.
Western Europe was the second largest region, accounting for 3.1% share in the market. The governments of countries in the Western European region have allocated significant budgets for strengthening their military force and spent heavily for procuring advanced and modern military vehicles. Hence, the military ground vehicles market in Western Europe was the second largest market in 2017.
South America was the smallest region, accounting for 0.4% share in the market.

Rise in Demand for Electronic Camouflage Tanks.
Demand for electronic camouflage tanks has increased in the recent years.The camouflage system technology makes battle tanks somewhat invisible in the battlefield to potential attackers.

This technology uses honeycomb shaped modules that allows a tank to imitate the temperature of its surroundings and hide in its varying terrain, such as deserts, forests and towns, making tanks invisible to thermal imaging systems. BAE Systems has developed ADAPTIV, an electronic camouflage system, in 2017 and has started installing it in new CV90 family of Swedish military vehicles.

The Military Ground Vehicle Manufacturing Global Market Briefing 2018 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the global military ground vehicle manufacturing market.

Reasons to Purchase
• Fully updated for 2018.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Description
The Military Ground Vehicle Manufacturing Global Market Briefing 2018 from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.

The market characteristics section of the report defines and explains the market.

The market size section gives the military ground vehicle manufacturing market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.

The trends and strategies section highlights the likely future developments in the military ground vehicle manufacturing market and suggests approaches.

Scope
Markets Covered: Military Armored Vehicles; Military Battle Tanks; Unmanned Ground Vehicles
Companies Mentioned: General Dynamics Corporation; BAE Systems; Rheinmetall AG; Lockheed Martin Corporation; Oshkosh Corporation; Navistar International Corporation; China Northern Industries Group Corporation (NORINCO); Thales Group; Krauss-Maffei Wegmann; AM General
Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East and Africa.
Time series: Five years historic and forecast.
Data: Market value in $ billions
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

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