Report Details-
Global 8X8 Armoured Vehicle Market By Product (Armoured Personnel Carrier, Infantry Fighting Vehicle, Light Protected Vehicle, Main Battle Tank, Mine-Resistant Ambush Protected (MRAP) Vehicle, Tactical Vehicle and Others), Application (Defense, Homeland Security and Security), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Global 8X8 Armoured Vehicle Market
Data Bridge Market Research analyses that the 8X8 armoured vehicle market would exhibit a CAGR of 5.20% for the forecast period. Rising demand for armoured vehicles owing to rising instances of cross-border conflicts and rising cases of asymmetric warfare globally are the two major factors attributable to the growth of 8X8 armoured vehicle market. In terms of 8X8 armoured vehicle market value, it will stand tall by USD 16847.99 million by the year 2028 rising from 11231.10 million in the year 2020.
8X8 armoured vehicles are those armoured vehicles that are equipped with enhanced offensive and defensive capabilities. The 8X8 armoured vehicles are equipped with protective armours, missiles, bullets, shrapnel, IED weapons and other projectiles. 8X8 armoured vehicles widely used for application such as defense, homeland security and others. The most common examples of armoured vehicles are infantry fighting vehicle, light protected vehicle, armoured personnel carrier and others. 8X8 armoured vehicles are a balance of heavy firepower, strong armour, and good battlefield mobility
Rising incorporation of advanced technologies by the major manufacturers has resulted in growth in the demand for 8X8 armoured vehicles globally. Rising militarization of law enforcement agencies coupled with increased focus of the government to make expenditure on strengthening the defence sector will also create lucrative growth opportunities for the 8X8 armoured vehicle market. Rising criminal activities, riots and terror activities in the world is also fostering the 8X8 armoured vehicles market growth. Growing demand for advanced security and safety systems by the civilians will further induce growth in the demand for 8X8 armoured vehicles. Experience from the past incidences coupled with increasing political tension, terrorism, and hostile activities will further propel growth in the 8X8 armoured vehicle market value. Rising concerns regarding national and global security is another 8X8 armoured vehicle market growth driving agent.
Global 8X8 Armoured Vehicle Market Country Level Analysis
The global 8X8 armoured vehicle market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the 8X8 armoured vehicle market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is undergoing substantial gains in the 8x8 armored vehicle market. This means that the region is set to project the highest compound annual growth rate (CAGR) owing to the rising number of terrorist activities and increasingly stringent norms and regulations regarding public safety and security. China and India will emerge as the major contributors from this region owing to the increased spending and expenditure on defence equipment and technology.
Global 8X8 Armoured Vehicle Market Scope and Market Size
The global 8X8 armoured vehicle market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product, 8x8 armored vehicle market has been segmented into armored personnel carrier, infantry fighting vehicle, light protected vehicle, main battle tank, mine-resistant ambush protected (MRAP) vehicle, tactical vehicle and others.
Based on application, the 8x8 armored vehicle market has been segmented into defense, homeland security and security.
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Competitive Landscape and 8X8 Armoured Vehicle Market Share Analysis
The 8X8 armoured vehicle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 8X8 armoured vehicle market.
The major players covered in the 8X8 armoured vehicle market report are
Ø FNSS Defence Systems,
Ø EXCALIBUR ARMY spol. s r.o.,
Ø Yugoimport SDPR J.P.,
Ø Tata Motors.,
Ø Streit Group,
Ø OCCAR-EA,
Ø MITSUBISHI HEAVY INDUSTRIES, LTD.,
Ø ĐĐ Specijalna vozila d.d.,
Ø BAE Systems,
Ø General Dynamics European Land Systems,
Ø IVECO DEFENCE VEHICLES - A CNH INDUSTRIAL COMPANY,
Ø Lockheed Martin Corporation,
Ø Oshkosh Defense, LLC,
Ø Rheinmetall AG,
Ø Patria,
Ø TATRA TRUCKS A.S.,
Ø INKAS Armored Vehicle Manufacturing,
Ø Navistar Defense, LLC. and
Ø Horstman Defence Systems Ltd
among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Major TOC of the Report
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=global-8x8-armored-vehicle-market
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