Global Land based Defense Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Land based Defense Equipment Market Report by The Business Research Company Covers Land based Defense Equipment Market Drivers And Restraints, Land based Defense Equipment Market Size, Major Players, And The Impact Of COVID-19 On The Land based Defense Equipment Market.
The land based defense equipment market consists of sales of land based defense equipment by entities (organizations, sole traders and partnerships) that produce land based defense equipment including support and auxiliary equipment for land based defense such as radar, satellites, sonars and other auxiliary equipment. The land based defense equipment market is segmented into armored vehicles, missiles, tanks and small arms and light weapons.
Corner shot rifles are increasingly being used in the defense industry.
The global land based defense equipment market is expected to grow from $47.06 billion in 2020 to $47.88 billion in 2021 at a compound annual growth rate (CAGR) of 1.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $57.89 billion in 2025 at a CAGR of 5%.
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Some land based defense equipment market trends include use of corner shot rifles. Corner Shot rifles are increasingly being used in the defense industry. Corner shot weapons have steel hinge that allows the gun’s frame to bend around the corner to attack target without exposing themselves. These rifles help shooters to navigate around corners via a high-resolution camera and LCD monitor. The corner shot rifles are widely used inside armored vehicles and tanks, on a turret up top, which will allow for a full 360-degree field cover while the triggerman remained safely inside the vehicle. The weapon is accurate and effective to 100 to 200 meters depending on the type weapon. Corner Shot removes the need for this initial exposure.
Global land based defense equipment market segments include:
1) By Type: Armored Vehicles, Missiles, Tanks, Small Arms and Light Weapons.
2) By Operation: Autonomous Land based Defense Equipment, Manual.
Subsegments Covered: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles, Short Range, Medium Range, Intermediate Range, Intercontinental, Light, Medium, Heavy, Small Arms, Light Weapons.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global land based defense equipment market share.
Read More On The Land based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
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The Land based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides land based defense equipment market overviews, analyzes and forecasts market size, share, land based defense equipment market players, land based defense equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The land based defense equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Land based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 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.
Market Players Covered: BAE Systems, Raytheon Co, Northrop Grumman Corp, General Dynamics Corp, Lockheed Martin Corporation.
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.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Land Based Defense Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Land Based Defense Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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