Global APC Armored Personnel Carrier Market

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The APC, also known as an armored personnel carrier, infantry mobility vehicle, or armored car, is a type of armored vehicle used to transport troops and supplies to the front lines of battle. APCs (Armored Personnel Carriers) are lighter than infantry fighting vehicles and main battle tanks, which makes them more maneuverable. APCs are not used in direct-fire combat like IFVs (Infantry fighting vehicles) because their primary function is transportation. However, they are only minimally armed for self-defense and are protected by armor from shrapnel, small weapons fire, and artillery fire.

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Description

Armored Personnel Carrier Market

 

Frequently Asked Questions of APC Market

  • What is an armored personnel carrier used for?
    APCs are used for transporting troops on the battlefield.
  • What is the difference between a tank and an armored personnel carrier?
    Unlike a tank, APCs do not have separate high caliber turret system to engage main battle tanks
  • What are the key trends in the APC market?
    Some of the critical trends includes the integration of active protection systems
  • Armored personnel carrier market also called armored combat vehicles, Infantry mobility vehicle or armored car is an armored vehicle designed to carry equipment and troops to the battlefield. The Weight of the APCs (Armored Personnel Carriers) is less than the main battle tanks and infantry fighting vehicles this makes them be more mobile. Unlike the IFVs (Infantry fighting vehicles), APCs do not take part in the direct-fire battle because they are primarily designed only for transport. Still, they are lightly armed for self-defense and are armored for protection against small arms, artillery fire, and shrapnel. Moreover, certain types of APCs are used by non-military organizations also.

    Armored personnel carrier market forecast, rising incidents of asymmetric warfare, and preventing riots in the urban areas are the factors that are positively impacting the person armored carriers market growth. In addition, a rise in the expenditure on defense that too in emerging economies and investments in procuring armored vehicles to strengthen combat further boost the armored personnel carrier market Size. Factors such as delay in the procurement process hinder the armored personnel carrier market growth to a certain extent. Meanwhile, focus on counter operations on rising terrorist activities, and the aging combat vehicle upgradation program is being initiated by many countries. Which in turn paves way for the armored personnel carrier market growth.

    Major factors driving Armored Personnel Carrier Market Growth

    There is a decline in defense spending in the developed countries; Asia-Pacific and the Middle East are gaining traction among manufacturers of defense equipment. Due to uncertain geopolitical events and increased terrorist activity, governments are increasing defense spending. As a consequence, there would be growth in the armored personnel Carrier market size in the future period. In EO cameras, updated and advanced sensor technology is used, such as high-definition field of view all around the vehicle.

    Trends influencing the APC Market Size

    The armored personnel carrier market trends, the advancements in composite technology will promote light weight and agile APCs. Evolution of active and passive protection systems will aid in development of robust and versatile APCs that can counter missile and RPG threats.Armored personnel carrier market trends, advancements in the design of advanced hull that can better withstand explosions and offer better blast protection will also encourage the growth of defense APC market.

    APC Market Forecast & Dynamics

    Armored personnel carrier market analysis, maximising Mobility, durability, and accuracy is the main purpose of the armored vehicle. Undesired noise and high vibration in the vehicle are undesirable since they cause discomfort to the crew.Armored personnel carrier market analysis, the efficiency of an armored platform is reduced by vehicle vibration. During missions, vibration caused by armored vehicles causes components to fail prematurely and can harm the crew of the vehicle. Proliferation of ATGMs also pose a significant threat to the APC platform. The Russia – Ukraine conflict has seen significant loss of armored vehicles due to increasing use of UAVs and ATGMS.

    Armored Personnel Carrier Market Analysis for Recent Developments

    Armored personnel carrier market reports, in the past four months, BAE Systems has been producing AMPVs for the U.S. Army at full-rate levels. The business aims to speed up production even further, but to do so, it will need to spend in expanding its assembly line and equipment, according to a report published on Tuesday by Breaking Defense. Can BAE systems meet the pace at which we must field troops, the Army must consider? That [full-rate production] decision is influenced by our capacity to continue full rate speed as we have for the past four months, Sheehy said in an interview.

    The Army seeks a small tank that can destroy bunkers and outgun opposing armored vehicles for infantry brigades. Armored personnel carrier market reports, It gave General Dynamics Land Systems a $1.14 billion contract on Tuesday for the Mobile Protected Firepower (MPF) programme, the Army’s first brand-new vehicle in more than 40 years. The contract award was not particularly unexpected. The sole remaining rival, BAE Systems, was eliminated from the race earlier this year. In a statement, Army officials said that MPF will give infantry brigades “better survivability, the capacity to identify threat systems earlier and at larger distances, and will not hinder movement in off-road terrain.” Additionally, MPF will enable soldiers to move more quickly, defending the attacking force.

    To replace the Corps’ ageing fleet of amphibious assault vehicles, 36 Amphibious Combat Vehicles (ACVs) and related vehicls are being ordered by experts in amphibious warfare (AAVs). The Marine Corps Systems Command at Quantico Marine Base, Virginia, announced Friday that it has placed a $173.6 million order for 36 ACV armored combat vehicles with BAE Systems Platforms & Services in Sterling Heights, Michigan. The contract has a cumulative value of $1.7 billion.2018 saw the Marine Corps pick BAE Systems over Reston, Virginia’s Science Applications International Corporation (SAIC) as the ACV prime contractor.

    The market stands as a cornerstone in the domain of military mobility and troop protection. Armored Personnel Carriers serve a pivotal role in modern defense, providing secure transportation for military personnel in high-threat environments. The market is witnessing notable growth driven by the continuous evolution of asymmetric threats, prompting nations to invest in versatile and robust APCs that offer enhanced mobility, survivability, and adaptability. Technological advancements within the APC market include innovations in armor materials, communication systems, and modular designs, ensuring that these vehicles can effectively navigate diverse operational landscapes. Moreover, the integration of digital technologies and intelligent systems is augmenting the APCs’ capabilities, enhancing situational awareness and connectivity for troops on the move.

    Geopolitical considerations play a significant role in influencing market dynamics, with nations strategically investing in APCs to bolster their rapid deployment capabilities and safeguard military personnel during peacekeeping missions, counter-insurgency operations, and conventional warfare scenarios. In 2023, the global APC market reflects a commitment to providing armed forces with cutting-edge vehicles that address the complexities of contemporary security challenges, ensuring the safe and effective transport of troops in a variety of operational theaters.

    Table of Contents

    Armored Personnel Carrier Market Report Definition 

     

    Armored Personnel Carrier Market Segmentation 

    – By Range

    – By Region

    – By End User

     

    Armored Personnel Carrier Market Analysis for next 10 Years 

    The 10-year APC Armored Personnel Carrier Market  analysis would give a detailed overview of APC Armored Personnel Carrier Market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

     

    Market Technologies of Armored Personnel Carrier Market

    This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

     

    Global Armored Personnel Carrier Market Forecast 

    The 10-year Armored Personnel Carrier Market forecast of this market is covered in detailed across the segments which are mentioned above.

     

    Regional Armored Personnel Carrier Market Trends & Forecast 

    The regional Armored Personnel Carrier Market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.

     

    North America

    – Drivers, Restraints and Challenges

    – PEST

    – Market Forecast & Scenario Analysis

    – Key Companies

    – Supplier Tier Landscape

    – Company Benchmarking

    Europe

    Middle East

    APAC

    South America

     

    Country Analysis of Armored Personnel Carrier Market

    This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

     

    US

    – Defense Programs

    – Latest News

    – Patents

    – Current levels of technology maturation in this market

    – Market Forecast & Scenario Analysis

    Canada

    Italy

    France

    Germany

    Netherlands

    Belgium

    Spain

    Sweden

    Greece

    Australia

    South Africa

    India

    China

    Russia

    South Korea

    Japan

    Malaysia

    Singapore

    Brazil

     

    Opportunity Matrix for Armored Personnel Carrier Market

    The opportunity matrix helps the readers understand the high opportunity segments in this market.

     

    Expert Opinions on APC Armored Personnel Carrier Market  Report 

     

    Hear from our experts their opinion of the possible analysis for this market.

    Conclusions

    About Aviation and Defense Market Reports

     

    Countries Covered in Armored Personnel Carrier Market Report

    US

    Canada

    Italy

    France

    Germany

    Netherlands

    Belgium

    Spain

    Sweden

    Greece

    Australia

    South Africa

    India

    China

    Russia

    South Korea

    Japan

    Malaysia

    Singapore

    Brazil

    Regions Covered in Armored Personnel Carrier Market Report

    North America

    South America

    Europe

    Middle East

    Asia

    Segments Covered in Armored Personnel Carrier Market Report

    By Region

    By Range

    By End User