UAE Armoured Personnel Carrier Market Forecast to 2027 by Configuration (USD Million)

Year AMPHIBIOUS NON-AMPHIBIOUS
2018 $ 28.79 $ 51.99
2019 $ 29.98 $ 53.89
2020 $ 29.42 $ 52.62
2021 $ 30.57 $ 54.43
2022 $ 31.84 $ 56.41
2023 $ 33.25 $ 58.63
2024 $ 34.82 $ 61.11
2025 $ 36.59 $ 63.91
2026 $ 38.65 $ 67.18
2027 $ 41.01 $ 70.95
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
UAE Armoured Personnel Carrier Market Forecast to 2027 by Configuration (USD Million)

Synopsis
The above chart is UAE Armoured Personnel Carrier Market Forecast to 2027 by Configuration (USD Million)

Market Dynamics

the uae armoured personnel carrier (apc) market is expected to experience significant growth in the coming years, according to market forecasts for the period of 2021-2027. this growth can be attributed to several factors, including increasing military spending, rising concerns for national security, and advancements in technology. one of the key factors driving the growth of the uae apc market is the country's significant military expenditure. in recent years, the uae has increased its defense budget to strengthen its armed forces and address security threats in the region. this increased spending has directly impacted the demand for armoured vehicles, including apcs, in the country. additionally, as the uae continues to engage in regional conflicts and maintain its role as a key player in the middle east, the need for advanced armoured vehicles for its armed forces is ever-increasing. the country has also been actively involved in international peacekeeping missions, which requires a robust defense capability. this further fuels the demand for apcs in the country. the uae apc market is segmented into various configurations, including tracked, wheeled, and others. tracked vehicles are expected to dominate the market due to their superior mobility in various terrains and ability to carry heavier loads. wheeled vehicles, on the other hand, are projected to witness significant growth due to their higher speed and lower maintenance costs. furthermore, advancements in technology have led to the development of new and advanced apcs, perfectly tailored to meet the specific needs and requirements of the uae armed forces. for instance, the uae's armed forces use the nimr 6x6 apc, which is equipped with advanced features such as ballistic and blast protection, integrated weapon systems, and advanced communication equipment. in conclusion, the uae armoured personnel carrier market is expected to witness steady growth in the forecast period due to increasing military expenditure and the need for advanced armoured vehicles for national security. with ongoing developments in technology and a variety of apc configurations, the market is poised for further expansion in the coming years.

Further Content:You might find this interesting as well

Industries List

OTHER STATISTICS ON THE TOPIC

No Simillar Charts
SINGLE SEAT SOLUTIONS FOR INDIVIDUALS AND SMALL BUSINESSES
Efficient research: Relevant data available at a click

Starter Account

$49 USD/month

* Billed Annually

  • Download XLS, PNG & PPT
  • View Access to 1 Million Data
  • View Access to Entire Platform

Single User Account

$599 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Download XLS, PNG & PPT
  • View access to 2 million data
  • View Access to Entire Platform

Business Account

$899 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • Suggestive request box to accommodate new markets during subscription period
  • Access to the entire data & statistics with download rights for up to 10000 Premium statistics per 12 months without publication rights
  • View Access to Entire Platform
CONTACT

Closebutton

Stay Ahead with Exclusive Data!

Subscribe Now to Access Our Market Research Platform,and Charts
for B2B and B2C Industries. Empower Your Business with Insights