PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1559178
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1559178
Middle East and Africa Armored Vehicles Market Introduction and Overview
According to SPER Market Research, 'Middle East and Africa Armored Vehicles Market Size - By Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Middle East and Africa Armored Vehicles Market is estimated to reach USD 2.84 billion by 2033 with a CAGR of 5.29%.
Military Land Vehicles Equipped with Contemporary Military Technology: Thanks to developing military technology, the Middle East and Africa are witnessing a sharp increase in the employment of military ground vehicles. An increasing number of unmanned ground vehicles are being used to support logistics and carry out investigations without posing a threat to human life.
The emergence of the COVID-19 epidemic has a complex impact on the various armoured vehicle economies. Manufacturers of parts and assembly lines for automobiles have suffered significant losses. The pandemic crisis has also caused a halt in the construction of armoured vehicles.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period: 2024-2033
Segments covered: By Type
Regions covered: South Africa, Egypt, United Arab Emirates, Rest of Middle East and Africa.
Companies Covered: Mahindra Emirates Vehicle Armouring FZ-LLC, NIMR Automotive (EDGE Group PJSC), Streit Group, Rheinmetall AG, IAI, Oshkosh Corporation, BMC Otomotiv Ticaret ve Sanayi A.S, BAE Systems plc, Koc Holding A.S, Denel SOC Ltd.
Middle East Armored Vehicles Market Segmentation:
By Type: Based on the Type, Middle East and Africa Armored Vehicles Market is segmented as; Main Battle Tank (MBT), Infantry Fighting Vehicle (IFV), Armored Personnel Carrier (APC).
By Region: This research also includes data for South Africa, United Arab Emirates, Egypt, Rest of Middle East and Africa