Armored Vehicle Market Is Expected to Grow at a CAGR of 5.2% from 2015 - 2023
Transparency Market Research states that the global armored vehicle market is expected to expand at a CAGR of 5.2% from 2015 to 2023. At this pace, the market, which had a valuation of US$22.73 bn 2014, is expected to rise to US$35.49 bn by 2023. In terms of technology, the market is presently dominated by the mine protection segment, which accounted for over 24% of the overall market in 2014. In terms of end-use segment, the military sector held over...
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