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Research and Markets: Unmanned Aircraft, Land Platforms to Help Drive Global Defense Vehicle Market

1 min read

army vehicleResearch and Markets has released a new forecast of defense vehicle industry trends for the period beginning in 2013 through 2020.

Unmanned combat aircraft, tactical vehicles and armed protective vehicles will drive the growth of the global defense vehicle industry, Research and Markets said Tuesday.

According to the study, demand for land protective vehicles will grow in emerging economies such as India, China and Brazil due to ongoing international conflicts.

Research and Markets predicts that nearly 3,000 new ships will be built worldwide in the next two decades.

The report contains analyses of market size, profit, and cost structure for manufacturers in North America, Europe and Asia Pacific for the period starting 2007 to 2012, as well as market forecasts for the next eight years.

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