The global armored vehicle market is predicted to reach USD 26.12 billion by 2026, exhibiting a CAGR of 5.36%

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• The global armored vehicle market is predicted to
  reach USD 26.12 billion by 2026, exhibiting a
  CAGR of 5.36 during the forecast period. The
  rising adoption of active protection systems can
  contribute positively to the growth of the market
  during the forecast period. APS consist of
  launchers, tracking radar, sensors, and
  countermeasure munitions, which assists during
  combat and survivability of the armored vehicle.
• Armored Vehicle Market Analysis, Insights and
  Forecast, 2015-2026
• Moreover, the introduction of armored vehicles
  with the integration of APS will promote the
  armored vehicle market trends in the forthcoming
  years. For instance, In October 2019, RAFAEL
  Advanced Defense Systems of Israel and Leonardo
  DRS delivered the first trophy active protection
  system for the U.S. Army for tanks and armored
  combat vehicles.
• According to report, published by Fortune
  Business Insights, titled "Global Armored
  Vehicle Market Size, Share and Industry Analysis,
  By Platform (Combat Vehicles, Combat Support
  Vehicles, Unmanned Armored Ground Vehicles), By
  Mobility (Wheeled, Tracked), By System (Engine,
  Drive Systems, Ballistic Armor, Turret Drives,
  Ammunition Handling Systems, Others) and Regional
  Forecast till 2026" the market size stood at USD
  17.18 billion in 2018.
• The report is fixed at delivering a comprehensive
  description of the armored vehicle market
  dynamics and structure by identifying and
  providing information regarding the key market
  segments. It also focuses on an all-encompassing
  analysis of leading market players by financial
  position, product, product portfolio, price,
  growth strategies, and regional presence. It
  offers PORTER's analysis and SWOT analysis to
  record the question of shareholders and
  highlights the investment potential in the
  upcoming future. It also showcases what
  procedures and strategies companies are
  currently implementing in the market. It further
  examines the ways and components convincing
  armored vehicle market expansion, growth
  patterns, restricting factors, and market
  strategies.
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• Report https//www.fortunebusinessinsights.com/en
  quiry/sample/armored-vehicle- market-101817
• List of Top Companies mentioned in Armored
  Vehicle Market are
• BAE Systems plc (the U.K)
• Denel SOC Ltd (South Africa)
• General Dynamics Corporation (the U.S.)
• IVECO DEFENCE VEHICLES (Italy)

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• NORINCO (China)
• Oshkosh Corporation (the U.S)
• Otokar, a KOC Group Company (Turkey)
• Rheinmetall AG (Germany)
• Textron Inc. (the U.S.)
• Ukroboronprom (Ukraine)
• UralVagonZavod (Russia)
• Competitive Landscape
• The collaboration of Polska Grupa Zbrojeniowa SA
  with RMMV to Boost Market Growth
• Rheinmetall MAN Military Vehicles GmbH, Aka RMMV,
  a joint venture company between German companies
  MAN Truck Bus AG and Rheinmetall AG, announced
  to collaborate with The Polska Grupa Zbrojeniowa,
  a holding company established by the Polish
  government through its subsidiary Obrum sp. z o.o
  to develop a new wheeled vehicle designed to
  replace hundreds of Russian made BRDM-2 armored
  vehicles currently in service with the Polish
  military. The collaborative agreement between
  the companies can offer business opportunities
  for the market in the forthcoming years owing to
  its design and development along with the
  capacity of 3.5 tonnes.
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  try-reports/armored-vehicle- market-101817
• Furthermore, Pietro Borgo, the managing director
  of RMMV and member of the executive board of
  Rheinmetall Defence, said in a statement, "we see
  this development contract as an important first
  step in a highly promising cross-border
  strategic alliance in the field of military
  wheeled vehicles. He further added, "we also see
  excellent opportunities for marketing the LOTR
  outside of Europe." In addition, the
  ground-breaking technology in the new vehicle
  will spur demand around the world, which in turn
  will accelerate the armored vehicle market
  revenue in the foreseeable future.

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• propel the growth of the market in North America.
  Asia Pacific is predicted to witness high demand
  for armored vehicles in the forthcoming years due
  to the growing defense budget in countries such
  as China and India. In addition, the surge in
  terrorist activities will also create
  opportunities for the armored vehicle market
  growth in the forthcoming years.
• Quick Buy - Armored Vehicle Market Research
• Report https//www.fortunebusinessinsights.com/ch
  eckout-page/101817
• Detailed Table of Content
• Introduction
• Research Scope
• Market Segmentation
• Research Methodology
• Definitions and Assumptions
• Executive Summary
• Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Key Insights
• Key Industry Developments Key Contracts
  Agreements, Mergers,

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• Market Analysis, Insights and Forecast By
  Mobility
• Wheeled
• Tracked
• Market Analysis, Insights and Forecast By
  System
• Engines
• Drive Systems
• Ballistic Armor
• Turret Drives
• Ammunition Handling Systems
• Fire Control Systems (FCS)
• Armaments
• Countermeasure Systems
• Command Control (C2) Systems
• Power Systems
• Navigation Systems
• Observation Display Systems
• Hulls/Frames
• Market Analysis, Insights and Forecast By
  Region
• North America