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News

Military land vehicle market report

Research And Markets : 13 March, 2014  (New Product)
Trends and forecasts are examined in a new report covering the land vehicle industry for the defence sector
Military land vehicle market report

Research and Markets has announced the addition of the "Global Defense Land Vehicle Industry 2014-2020: Trends, Forecast and Opportunity Analysis" report to their offering.

Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defence land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown. The author expects a flat growth in the industry considering the recent cuts in defence budgets, in North America and Europe, with increasing demand from developing nations. Global defence land vehicle industry is expected to reach $32.7 billion in 2020 promising valuable opportunity for the firms operating across the value chain of defence land vehicle industry.

The report analyses the defence land vehicle industry for all the four regions and analyses the risk factors and growth opportunities. The defence land vehicle industry is segmented by region such as APAC, Europe, NA, and ROW.

Increasing defence budget in emerging economies, especially in China and India, is a positive sign for the defence land vehicle industry. Asia Pacific defence land vehicle market is expected to grow with 2.1% CAGR during 2014-2020. Increasing military expenditure in developing economies and geo-political conflicts are expected to drive the industry growth in coming years. North America and Europe will witness moderate growth rate with 1.6% and 1.2% over the next six years mainly due to defence budget reductions.

The report provides insights of the market trend (2007-2013) and forecast period (2014-2020) which will assist the interested companies in making key decisions. Deep insights and knowledge about recent innovations and developments in global defence land vehicle industry can help client to gain competitive advantage. Clients may lose the opportunity of getting deep understanding of global defence land vehicle industry with the emerging trends, unmet needs and new product, technological development in global defence land vehicle industry.

The report can be purchased directly from Research and Markets here: "Global Defense Land Vehicle Industry 2014-2020: Trends, Forecast and Opportunity Analysis"

 

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