Global Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market 2021-2025

Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market 2021-2025

Technavio has been monitoring the armored vehicles automatic fire extinguishing systems (AFES) market and it is poised to grow by $ 11.11 mn during 2021-2025 progressing at a CAGR of 3% during the forecast period. Our report on armored vehicles automatic fire extinguishing systems (AFES) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing number of military vehicle modernization programs and development of human-portable anti-armor weapons. In addition, growing number of military vehicle modernization programs is anticipated to boost the growth of the market as well.

The armored vehicles automatic fire extinguishing systems (AFES) market analysis includes platform segment and geographical landscapes.

Technavio's armored vehicles automatic fire extinguishing systems (AFES) market is segmented as below:

By Geographical Landscapes

• Europe
• APAC
• North America
• MEA
• South America

By Platform

• APCs and tanks
• Other fighting vehicles

This study identifies the rising development of military armored vehicles as one of the prime reasons driving the armored vehicles automatic fire extinguishing systems (AFES) market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on armored vehicles automatic fire extinguishing systems (AFES) market covers the following areas:

• Armored vehicles automatic fire extinguishing systems (AFES) market sizing
• Armored vehicles automatic fire extinguishing systems (AFES) market forecast
• Armored vehicles automatic fire extinguishing systems (AFES) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading armored vehicles automatic fire extinguishing systems (AFES) market vendors that include Bulldog Direct Protective Systems Inc., Emerson Electric Co., Fire Protection Technologies Group, General Dynamics Corp., Halma Plc, Johnson Controls International Plc, Marotta Controls Inc., N2 Towers Inc., Raytheon Technologies Corp., and Rheinmetall AG. Also, the armored vehicles automatic fire extinguishing systems (AFES) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.