To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

DSEI 2013: Challenges face armoured vehicles sector

6th September 2013 - 17:01 GMT | by Joyce de Thouars in London

RSS

The global market for armoured vehicles is expected to decline slightly in the coming decade, a market analysis by Shephard has revealed.

The value of the 2013 global market for armoured vehicles has been forecast as being worth between $12.5 billion and $25 billion, with analysts predicting that the market will either shrink slightly or grow at only a modest pace in the coming ten years.

The withdrawal of ISAF troops from Afghanistan, as well as shrinking defence budgets in North America and Europe – and with US sequestration casting a long shadow – are negatively impacting the market.

Governments

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 1 free story per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Joyce de Thouars

Author

Joyce de Thouars


Joyce holds a MA degree in Middle Eastern Studies from King’s College London. Before she …

Read full bio

Share to

Linkedin