Armored Vehicle Manufacturing in the US - Industry Market Research Report
Description
Armored Vehicle Manufacturing
The Armored Vehicle Manufacturing industry experienced significant declines over the five years to 2018. Prior to the five-year period, US combat operations in the Middle East and a climbing defense budget created a boom in demand for armored vehicles. However, this trend reversed just before the current five-year period. The United States began to wind down combat operations in the Middle East, the defense budget was cut and sequestration eventually kicked in. Consequently, the industry is expected to decline overall during the period. In more recent years, a pick-up in defense spending has led to an increase in US spending on armored vehicles. Moreover, surging international demand driven by increased global defense spending, tensions and conflict has helped offset weaker demand at home. Over the five years to 2023, industry revenue is forecast to climb as the defense budget grows. Moreover, rising geopolitical tensions are anticipated to help operators maintain relatively high export orders.
This industry includes establishments engaged in manufacturing, modifying, repairing and servicing military armored vehicles. These vehicles are used in combat to transport infantry and munitions or to provide combat support. Tanks are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Armored Vehicle Manufacturing industry experienced significant declines over the five years to 2018. Prior to the five-year period, US combat operations in the Middle East and a climbing defense budget created a boom in demand for armored vehicles. However, this trend reversed just before the current five-year period. The United States began to wind down combat operations in the Middle East, the defense budget was cut and sequestration eventually kicked in. Consequently, the industry is expected to decline overall during the period. In more recent years, a pick-up in defense spending has led to an increase in US spending on armored vehicles. Moreover, surging international demand driven by increased global defense spending, tensions and conflict has helped offset weaker demand at home. Over the five years to 2023, industry revenue is forecast to climb as the defense budget grows. Moreover, rising geopolitical tensions are anticipated to help operators maintain relatively high export orders.
This industry includes establishments engaged in manufacturing, modifying, repairing and servicing military armored vehicles. These vehicles are used in combat to transport infantry and munitions or to provide combat support. Tanks are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
MAJOR COMPANIES
BAE Systems PLC
General Dynamics Corporation
Oshkosh Corporation
BAE Systems PLC
General Dynamics Corporation
Oshkosh Corporation
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.