Market Revenue Armored Vehicle Industry Value Chain Analysis

for use by the military personnel’s in the field in direct contact with combat. Armored Personnel Carrier (APC) are initially used for safer deployment of infantry to battle fields or high threat range and it can be distinguished from Infantry Fighting Vehicle (IFV) based on the weapons it bears. From the modernization programs, ample amount of investment is expected in the armored vehicle market. Although there is a significant reduction in the investment in defense sector by the US government and the western countries, countries like China has drastically increased its expenditure in defense sector which has caused relentless turbulence among Asian countries. Market Segments Armored Vehicle Product Outlook (Revenue, USD Million, 2012 - 2022) • Armored Personnel Carriers (APC) • Infantry Fighting Vehicle (IFV) • Light Protected Vehicle (LPV) • Main Battle Tanks (MBT) • Mine-Resistant Ambush Protected (MRAP) • Tactical Trucks • Others Armored Vehicle Application Outlook (Revenue, USD Million, 2012 - 2022) • Defense • Homeland Security • Commercial Armored Vehicle Regional Outlook (Revenue, USD Million, 2012 - 2022) • North America • Europe • Asia Pacific • Latin America • MEA See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/automotive-and-transport

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