Report on Asia's Armoured Vehicle Market 2012 - 2022 Released

LONDON, July 3, 2012 /PRNewswire/ --

Defence IQ, the leading online resource for military and defence news and analysis, today announced the release of its Armoured Vehicles Asia 2012 - 2022 Report. Based on a survey of 144 senior executives and professionals within the armoured vehicle domain, including both commercial and military respondents, the report explores how the future of Asia's armoured vehicle market is likely to evolve over the next decade.

A copy of the report can be accessed here: Armoured Vehicles Asia 2012 - 2022.

"One of the key themes to come out of the report was around the issue of IED protection," said Andrew Elwell, Editor-in-Chief, Defence IQ. "The IED threat perception in Asia is considerably less than we've seen in previous studies, so part of this report focuses on how necessary that capability is for customers in Asia."

Other topics covered in the report include threat perception post-Iraq and Afghanistan, the growth in investment for C4ISR systems, the region's key growth markets, survivability capabilities, and the strategic shift in response to the economic downturn.

"Asia is a compelling market," said Elwell. "As the North Atlantic financial crisis continues to strangle traditional defence markets in the West, Asia's surge in military spending will drive growth in the industry for years to come. India and China will primarily underpin this development but the region's defence industrial base as a whole is set for significant expansion over the coming years. The release of Defence IQ's Armoured Vehicles Asia 2012 - 2022 Report is timely, offering a unique insight into this important market."

For more information, please visit http://www.defenceiq.com

Notes to editor:

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SOURCE Defence IQ