Armoured Vehicles Market Report 2014
Defence IQ’s 3rd annual ‘Armoured Vehicles Market Report 2014’ explores how the future of the global armoured vehicles market is likely to evolve during the period 2014 – 2024. Get your complimentary copy of the report by clicking on the 'Download Now' button below.*
The report offers an authoritative overview of the global armoured vehicle marketplace including a comprehensive examination of global programmes and requirements, in-depth region-specific market analysis and exclusive proprietary industry data based on a survey of senior executives and professionals within the armoured vehicle domain.
In 2012, the global armoured vehicles market was assessed to have then been worth $10.97 billion, primarily springing from US and European existing programmes and "resurgent countries" including China, India and Turkey. More recent revisions for 2013 have assessed spending and forecasts at $12.61 billion.
Despite being blighted with uncertainty, the market is expected to remain stable until 2021 with much of the growth being driven by countries in the Asia-Pacific and Middle East and those others with a strong need to replace their cold war era systems. Other, more established nations primarily in North America and Europe, will continue to spend to sustain existing capabilities in spite of a reduction of fleet size and new programmes. The majority of international militaries are confident in growth and improvement, believing their armoured vehicles fleets to be more potent in 2023 than at present.
The report was commissioned ahead of the International Armoured Vehicles conference taking place next February in Farnborough, UK. If you would like more information on the conference, including the full list of speakers and topics, please download the full agenda below.
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