As the United States began to wind down combat operations in the Middle East, the defense budget was cut and sequestration eventually kicked in, decreasing revenue for the Armored Vehicle Manufacturing industry. Over the next five years, increasing geopolitical tensions are anticipated to help operators boost exports as more nation demand armored vehicles in order to stay ahead of rivals. Industry revenue is expected to increase as a result.
This industry includes establishments engaged in manufacturing, modifying, repairing and servicing military armored vehicles. These vehicles are utilized in combat to transport infantry, ammunitions or to provide combat support. Tanks are not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.