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DSEI 2019: Growth inbound for Europe’s armoured vehicle market

5th September 2019 - 13:53 GMT | by Sonny Butterworth in London


Over the next ten years, European militaries are expected to invest more funds into the modernisation of their armoured vehicle fleets in order to meet the demands of a potential conflict with a near-peer adversary. 

According to Defence Insight forecasting, this will grow the region’s share in the sector from $5.2 billion in 2019 to $7.1 billion in 2029, making it the second-largest armoured vehicles market in the world.

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Sonny Butterworth


Sonny Butterworth

Sonny Butterworth was a Shephard Media analyst based in London. After completing a degree in …

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