Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Defence
  • /
  • Global armoured vehicles market to reach £8.10bn in 2013

Defence

Global armoured vehicles market to reach £8.10bn in 2013

The latest defence report from Visiongain - Global Armoured Vehicles Market 2013-2023 - finds stable demand for military armoured vehicles and forecasts that global spending on armoured vehicles will amount to £8.10bn ($12.61bn) in 2013.

Armoured vehicles provide ground forces mobility, protection and firepower and they need to confront threats both in conventional warfare and in many facets of irregular warfare. Armoured vehicle programmes do face pressure from defence spending cuts in several countries but the importance of this sector along with wide-ranging projects to replace ageing vehicle fleets do promise demand for companies involved in, or looking to be involved, in this sector.

Advertisement
ODU RT

Although prospects for growth vary among the submarkets examined, this defence report will be valuable for all those engaged in the armoured vehicles market or wish to explore the opportunities in this sector. As well as a global forecast, visiongain provides figures and analysis for 20 leading national markets (plus the 'Rest of the World' market) with details of significant contracts and programmes in each national market. The report segments the market with five global submarket forecasts for the period 2013-2023 for the following submarkets: main battle tanks, medium armoured vehicles, medium mine-resistant vehicles, light protected vehicles and other armoured vehicles. The report includes an expert interview with Textron Marine & Land Systems, to support the analysis.

Advertisement
ODU RT

The report also provides profiles of 25 leading armoured vehicles companies operating worldwide.
 

Advertisement
PTC PTC
Sir Patrick Vallance hears from regional leaders at Cranfield University event

Aerospace Defence Events

Sir Patrick Vallance hears from regional leaders at Cranfield University event

31 March 2025

Recently appointed Oxford-Cambridge Innovation Champion and Science Minister, Lord Vallance was at Cranfield University earlier this month for a special roundtable event with business leaders, university representatives and local authorities from the central area of the corridor around Cranfield, Milton Keynes and Bedford.

Solus Power opens Series A funding round

Defence Security

Solus Power opens Series A funding round

31 March 2025

Solus Power has announced the launch of its Series A funding round, with a target raise of £5 million to help fulfil the startup’s mission to revolutionise energy access across defence, security and civilian sectors.

Work begins on RAF Digby accommodation blocks

Defence Events

Work begins on RAF Digby accommodation blocks

28 March 2025

Work to build four new accommodation blocks for personnel has officially commenced at RAF Digby, in Lincolnshire.

CYSIAM and CrowdStrike form strategic partnership

Defence Security

CYSIAM and CrowdStrike form strategic partnership

27 March 2025

CYSIAM has formed a strategic partnership with CrowdStrike aimed at strengthening cyber resilience across the UK defence sector supply chain.

Advertisement
ODU RT
ODU Connectors showcasing solutions at Ocean Business

Defence Security Events

ODU Connectors showcasing solutions at Ocean Business

27 March 2025

ODU Connectors will be showcasing its sealed connectors and contacts solutions at Ocean Business, being held next month (8th-10th April) at the National Oceanography Centre in Southampton.

RTX

Defence

RTX's Raytheon receives US Army defence analysis contract

27 March 2025

RTX's Raytheon business, has been awarded a follow-on contract from the US Army Futures Command, Futures and Concepts Center to continue to utilise its Rapid Campaign Analysis and Demonstration Environment, or RCADE, modeling and simulation capability.

Advertisement
ODU RT