Military Armored Vehicles and Counter-IED Vehicles Market
Military Armored Vehicles and Counter-IED Vehicles
Market Scope: Industry Analysis, Market Size,
Growth, Trends Till 2031
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Military Armored Vehicles and Counter-IED Vehicles
Market Size and Growth
The Military Armored Vehicles and Counter-IED Vehicles market is experiencing significant growth, driven by rising defense budgets and increasing threats of terrorism. The global market size is projected to reach approximately $30 billion by 2027, with advancements in technology and enhanced protection features driving demand across various military applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ BAE Systems
◍ General Dynamics
◍ Lockheed Martin
◍ OSHKOSH DEFENSE
◍ Rheinmetall Defence
◍ Rostec
The Military Armored Vehicles and Counter-IED Vehicles Market is competitive, featuring key players like BAE Systems, General Dynamics, Lockheed Martin, OSHKOSH DEFENSE, Rheinmetall Defence, and Rostec. These companies enhance market growth through innovation and advanced vehicle solutions. Notable sales revenues include:
- BAE Systems: $22 billion
- General Dynamics: $39.4 billion
- Lockheed Martin: $67 billion
- OSHKOSH DEFENSE: $8.8 billion
- Rheinmetall Defence: $7 billion
- Rostec: $6 billion
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Market Segmentation
By Application
◍ Infantry Fighting Vehicle (IFV)
◍ Armored Personnel Carrier (APC)
◍ Main Battle Tank (MBT)
◍ Self-propelled Howitzer (SPH)
◍ Others
By Product
◍ Military Armored Vehicles
◍ Counter-IED Vehicles
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Market Growth
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$ X Billion USD
