DUBLIN, Sept 10, 2018 /PRNewswire/ --
The "Military Vehicle & Aircraft Protection Systems Market to 2025 - Global Analysis and Forecasts by Vehicle Armour Type, Aircraft Type and Aircraft Armour Type" report has been added to ResearchAndMarkets.com's offering.
The global military vehicle & aircraft protection systems market is expected to grow to US$ 4,925.45 million by 2025 from US$ 3,857.0 million in 2017, growing at a CAGR of 3.2%.
The military vehicle & aircraft protection systems market is concentrated with large numbers of players across the globe. However, the end users of these advanced systems is limited to defense forces. The parameters on which suppliers bargain are the technology, solutions, aftermarket and finally the pricing of the product. In addition to this, the well established players acquire the maximum numbers of defense contracts offered by the major defense forces, which again limits the emerging companies to secure tenders irrespective of the technologies and solutions offered by the companies.
Moreover, the defense forces in developing countries and third world countries procure less numbers of military vehicle and aircraft protection system, pertaining to the high cost of the systems and budget constraints in these defense forces. These factors enable good opportunities for the suppliers in the military vehicle & aircraft systems market.
The augmented demand for securing the country's borders and international territories, combined with technologically enhanced systems and equipment, intensifies the demand for up gradation and retrofitting of armoured vehicles. The military spending in developed countries, as well as developing countries, are fluctuating in the current scenario, which has led to the procurement of newly developed vehicles to witness a slowdown.
However, owing to the fact that, several countries worldwide are continuously witnessing cross-border tensions and enemy activities, which is pressurizing the defense forces of the respective countries as well as the foreign defense forces posted in these regions to upgrade their land vehicles as well as aircraft with technologically enhanced systems. This is also facilitating the military retrofitting market to propel over the years. Referring to the armour protection technologies used on the land vehicles and on to the aircraft, are mainly assembled post-purchase and depending upon the need as per the situation. Therefore, a bright opportunity for the market players in the coming years is anticipated in the military vehicle & aircraft protection systems market.
The global military vehicle & aircraft protection systems market has been segmented by vehicle armour type, aircraft type and aircraft armour type. The global Military vehicle & aircraft protection systems market has been segmented by vehicle armour type into RPG Nets, and reactive armour. On basis of aircraft type, the military vehicle & aircraft protection systems market is further segmented into transport aircraft, and helicopters. The protection systems for the aircrafts are also segmented for military vehicle & aircraft protection market.
Companies operating in this field tend to offer different products for vehicles as well as aircrafts as both these carriers have varied requirements and specifications. As a result, the military vehicle & aircraft protection market has been sub-segmented further on the basis of aircraft armour type into pilot seat protection, cockpit protection, floor protection, and exterior protection.
Key Topics Covered:
1.1 Scope of the Study
1.2 Research Report Guidance
2. Key Takeaways
3. Military Vehicle & Aircraft Protection Systems Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 Military Vehicle & Aircraft Protection Systems Market - Porter's Five Forces
4. Military Vehicle & Aircraft Protection Systems Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Deployment of Military Troops In War Prone Regions
4.1.2 Significant Rise In Retrofitting Technology
4.2 Key Market Restraints
4.2.1 Structural Disadvantages of Reactive Armour
4.3 Key Market Opportunities
4.3.1 Lightweight Armour Material To Create Demand
4.3.2 Increase In Military Spending Among the Developing Countries
4.4 Future Trends
4.4.1 Increasing Awareness Related To Ballistic Protection Systems
4.5 Impact Analysis of Drivers and Restraints
5. Military Vehicle & Aircraft Protection System - Global Market Analysis
5.1 Global Military Vehicle & Aircraft Protection System Market Overview
5.2 Global Military Vehicle & Aircraft Protection System Market Forecast and Analysis
6. Military Vehicle & Aircraft Protection System Market Revenue and Forecasts To 2025 - Vehicle Armour Type
6.2 Global Military Vehicle & Aircraft Protection System Market Breakdown, by Vehicle Armour Types, 2017 & 2025
6.3 Rpg Nets Market
6.4 Reactive Armour Market
7. Military Vehicle & Aircraft Protection System Market Revenue and Forecasts To 2025 - Aircraft Types
7.2 Global Military Vehicle & Aircraft Protection System Market Breakdown, by Aircraft Type, 2017 & 2025
7.3 Transport Aircraft Market
7.4 Helicopter Market
8. Military Vehicle & Aircraft Protection System Market Revenue and Forecasts To 2025 - Aircraft Armour Type
8.2 Global Military Vehicle & Aircraft Protection System Market Breakdown, by Aircraft Armour Type, 2017 & 2025
8.3 Pilot Seat Protection Market
8.4 Cockpit Protection Market
8.5 Floor Protection Market
8.6 Exterior Protection Market
9. Military Vehicle & Aircraft Protection System Market Revenue and Forecasts To 2025 - Geographical Analysis
10. Industry Landscape
10.2 Market Initiative
10.3 New Product Development
11. Competitive Landscape
11.1 Competitive Product Mapping
12. Company Profiles
- Amsafe Birdport
- RUAG AG
- General Dynamics Ordnance & Tactical Systems
- Ensign- Bickford Aerospace & Defense Company
- QinetiQ North America
- Tencate Advanced Armor
- MDT Armour
- Rheinmetall AG
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