The Business Research Company’s Tanks Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, March 24, 2021 /EINPresswire.com/ — According to the new market research report ‘Tanks Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the tanks market is expected to reach $1.02 billion in 2025 at a CAGR of 2.1%. The increase in the defense budget for the military is expected to drive the growth of the tanks market.
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The tanks market consists of sales of military tanks by entities (organizations, sole traders and partnerships) that produce military tanks. A tank is an armored fighting vehicle which is equipped with heavy firepower and strong armor designed for front line combat. Only goods and services traded between entities or sold to end consumers are included.
Trends In The Global Tanks Market
The defense is increasingly implementing robot tanks in the military for the purpose of high security, which is likely to be a major trend in the tanks industry market. Robotic tanks are autonomous robots designed for military applications such as transport, search and rescues, and others. These tanks are equipped with guns, rocket arms, and missile arms.
Global Tanks Market Segments:
The global tanks market is further segmented based on type, application, technology and geography.
By Type: Light, Medium, Heavy.
By Application: Patrolling, Fighting.
By Technology: Active Mine System, Active Protection System, Modular Ballistic Armor, Situational Awareness System, Inter Operable Communication, Vehicle Information Integration, Electric Armor.
By Geography: The global tanks market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Tanks Market At:
Read Tanks Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Tanks Market Organizations Covered: Oshkosh Defense LLC, General Dynamics Corporation, BAE Systems Plc., Textron Inc., Navistar International Corporation, Norinco Private Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Tanks Global Market Report 2021:
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