Le Lézard
Classified in: Science and technology
Subject: MRR

Global Armored Vehicles Market Comparative SWOT & Strategy Focus 2024-2027 for Top 5 Companies - General Dynamics, BAE Systems, Oshkosh Defense, Rheinmetall and Hanwha Aerospace


DUBLIN, March 27, 2024 /PRNewswire/ -- The "Top 5 Companies in the Global Armored Vehicles Market: General Dynamics, BAE Systems, Oshkosh Defense, Rheinmetall, Hanwha - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

 

The demand for armored vehicles globally has witnessed a strong resurgence with the disruption of world order and the drastic, unprecedented deterioration in the security environment globally as the number of ongoing political conflicts has reached an unprecedented level. The demand for armored vehicles has seen a major surge with their extensive utilization during the ongoing Russia-Ukraine war. The demand has been especially strong for Infantry Fighting Vehicles (IFVs), Armored Personnel Carriers (APCs) and Main Battle Tanks (MBTs) across most regions globally as nations scramble to modernize and replace existing Cold war-era in-service fleets with modern platforms featuring state-of-art & cutting edge mobility, firepower and protection capabilities along with digitalization & network connectivity as the backbone while also offering a lower total cost of ownership.

The modernization and development & induction of next generation armored vehicles has been a top priority across Europe as the threat of a potential land war with Russia makes a return to haunt policymakers given that the capabilities of the defense industrial base across Europe have deteriorated over the decades owinto neglect. The modernization of British Army's Challenger MBTs to Challenger-3 variant and French Leclercs to the Leclerc XLR variant, which are already in the works, and Poland's huge order for 116 new M1 Abrams worth $1.4 billion and K2 Black Panther tanks are prime examples.

The United States, too, is pursuing a similar pathway with the replacement of M2 Bradleys; after the AMPV program, which is replacing the M113 APCs and is under full-scale production phase; being a top acquisition priority besides modernization of M1 Abrams to the M1E3 variant. Australia, too, has been under an unprecedented armor renaissance in history with its massive, multi-phase Land 400 program which has so far seen procurement of IFVs, APCs/CRVs and tactical logistics vehicles in significant numbers in contracts worth almost US$10-$12 billion cumulatively.

Global A&D Market in a Major Upswing Phase amid Disruption of Traditional World Order and Geopolitical Tensions & Conflicts

The Global Aerospace & Defense Market is in a major upswing phase owing to the whittling down of traditional, rule-based world order led by China's geopolitical revisionism backed by military ascension amid territorial disputes as well as issues with neighbors & military adventurism in Asia and Russia's military resurgence with a renewed threat to Europe & NATO as the geopolitical dynamic clearly shifts towards multi-polarity. The same has led to and created a surge in demand for procurement of new defense equipment, replacement of legacy systems, increased spending outlay towards R&D on next generation technologies and an accelerated production ramp-up of ammunition being undertaken across most key markets globally.

Global defense spending, clearly, is on an upward growth trajectory, driven by geopolitical shifts, and is projected to reach $2.5 trillion by 2027, thereby, providing the defense industrial bases across most key markets significant growth opportunities for the medium term horizon as it is desperately trying to ramp-up production rates over near term, amid supply chain constraints, to backfill depleting U.S. & NATO allies' stockpiles of munitions, missiles & weapon systems besides fulfilling Ukraine's critical requirements and to meet growing international demand in the era of great power competition and a virtual defense renaissance globally.

Global Economy Heading towards Slowdown

The global economy, however, is projected to be heading towards a slowdown in 2024 following continued monetary policy tightening posture by central banks globally over the recent years to check high inflation. The situation has been further compounded by the sustained geopolitical instability led by the ongoing Russia-Ukraine war, the Israeli military operations in Gaza and Houthi attacks on commercial shipping which collectively threaten to cause supply shocks & raise prices of food owing to scarcity, thereby, likely to become a double whammy for the global economy which has already regressed to its range-bound, typical, average movement of under 3% annually. However, any further, major potential shock at this time could send the global economy spiraling down into a recessionary cycle.

The report provides a Comparative SWOT Analysis and Comprehensive Insights into the Global Top 5 Armored Vehicles Manufacturers with focus on a blend of quantitative & qualitative analysis. The report provides detailed analysis on the Global Top 5 Armored Vehicle OEMs, including:

Company Coverage: GDLS/GDELS, BAE Systems, Rheinmetall Defense, Oshkosh Defense and Hanwha Aerospace

Key Topics Covered:

Section - 1: Business Structure & Snapshot - For each of Global Top 5 Armored Vehicles Manufacturers

Section - 2: Financial Performance Analysis - For each Industry OEM - Charts & Analysis: Based on Latest Available Financial Results

Section - 3: SWOT Analysis-For each of the Global Top 5 Industry Players

Section - 4: Comparative Analysis of Strengths

Section - 5: Comparative Analysis of Weaknesses

Section - 6: Strategy Focus & Priorities - For each of Global Top 5 Armored Vehicles Manufacturers

Section - 7: Key Strategies & Plans

Section - 8: Global Armored Vehicles Market - Force Field Analysis - Analysis of Driving & Restraining Forces and their Overall Dynamics

Section - 9: Key Trends

Section - 10: Key Issues, Challenges & Risk Factors

Section - 11: Strategic Market Outlook

For more information about this report visit https://www.researchandmarkets.com/r/653cfj

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

SOURCE Research and Markets


These press releases may also interest you

at 00:55
A news report from CRI Online: In August 2023, the United Nations General Assembly (UNGA) adopted the resolution "International Decade of Sciences for Sustainable Development 2024-2033" (Sciences Decade). This resolution offers a distinctive...

27 avr 2024
"Currently, the world economy is gradually recovering and the energy industry is accelerating its green and low-carbon transition. Developing nuclear energy has become a broad consensus of the world," said Yu Jianfeng, chairman of the China National...

27 avr 2024
Panasonic Energy of North America (PENA) recently joined forces with Girl Scouts of the Sierra Nevada (GSSN) to create the "Manufacturing for Clean Energy" patch program, a first-of-its-kind initiative. The program was held at both the GSSN and PENA...

27 avr 2024
With an aim to spotlight influential figures who have significantly shaped the contours of digital marketing, ClickReady's new blog series...

27 avr 2024
Having led over a decade of successful WordPress projects, Inspry has proven itself as a reliable technical...

27 avr 2024
Claudio Bono, Managing Director for two independent Hotels in Silicon Valley, is thrilled to unveil a groundbreaking platform and an idea that will transform the landscape of the urgent unhoused crisis and social issues. Leveraging his extensive...



News published on and distributed by: