Asia-Pacific armoured vehicle market analysis




With the global armoured vehicle market estimated to have been worth $10.97 billion in 2012, the role of Asia in this diverse and shifting market will be paramount over the next decade. While the US and Europe – with some notable exceptions such as Norway and Poland – are spending less on their armoured vehicle capabilities, it is emerging markets such as those in Asia and the Middle East that will drive growth in this sector for years to come. Some analysts predict that the glob...
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