Global Military Armored Vehicles and Counter IED Vehicles Market 2014-2018

DUBLIN, May 20, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/38pfkk/global_military) has announced the addition of the "Global Military Armored Vehicles and Counter IED Vehicles Market 2014-2018" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

The global Defense sector is investing extensively in R&D. In an attempt to improve the existing technology, vendors are developing systems that can help augment the endurance and efficiency of weapons in harsh atmospheric conditions. For instance, there is an increase in the demand for armored vehicles that require low maintenance and can counter explosive threats. Therefore, with the increase in R&D, the demand for advanced armored vehicles is also increasing.

According to the report, the increase in the defense budgets is one of the major drivers. Worldwide, various governments are increasing their defense budgets; military armored and counter IED vehicles account for a significant share of these budgets. Countries such as China, India, Saudi Arabia, and Russia are expected to increase their defense budgets in the coming years.

Further, the report states that one of the major challenges is the rapid technological advancements taking place in the market. Rapid changes in technology are forcing vendors to invest in upgrading their products, resulting in a decline in their profit margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Geographical Segmentation

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series

Companies Mentioned:

• General Dynamics Corp.
• Nexter Group
• OJSC Research and Production Corp. Uralvagonzavod
• Rheinmetall AG
• BAE Systems Hagglunds AB
• China North Industries Corp.
• Denel Land Systems
• Hyundai Rotem Co.
• Krauss-Maffei Wegmann GmbH & Co. KG
• Navistar Defense LLC
• OtoMelara
• Otokar Otomotiv ve Savunma Sanayi AS
• Oshkosh Defense Inc.
• Panhard General Defense SA
• Renault Trucks Defense SAS

For more information visit http://www.researchandmarkets.com/research/38pfkk/global_military

Media Contact: Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets