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

Year WHEELED APC TRACKED APC
2018 $ 58.46 $ 22.33
2019 $ 60.48 $ 23.39
2020 $ 58.95 $ 23.09
2021 $ 60.86 $ 24.14
2022 $ 62.96 $ 25.29
2023 $ 65.32 $ 26.56
2024 $ 67.96 $ 27.97
2025 $ 70.94 $ 29.56
2026 $ 74.43 $ 31.39
2027 $ 78.46 $ 33.5
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UAE Armoured Personnel Carrier Market Forecast to 2027 by Design (USD Million)

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

Market Dynamics

the united arab emirates (uae) armoured personnel carrier (apc) market is expected to experience significant growth in the forecast period from 2021 to 2027. this growth can be attributed to the increasing demand for better security and defense capabilities, coupled with the rapid modernization of military equipment and technologies in the region. the apcs are designed to transport military personnel and equipment safely and efficiently in hostile environments. they provide improved mobility, protection, and firepower to the soldiers, making them crucial in modern warfare. in the uae, there has been a steady increase in military spending and emphasis on developing a robust defense infrastructure, which has resulted in a growing demand for apcs. by design, the uae armoured personnel carrier market can be segmented into four categories – wheeled, tracked, amphibious, and others. the wheeled segment is expected to dominate the market, owing to its versatility, higher speed, and maneuverability in various terrains. these factors are driving the demand for wheeled apcs among the uae's armed forces. moreover, the increasing use of these vehicles for law enforcement purposes, such as riot control and border patrolling, is further propelling the growth of the wheeled apc market in the region. the tracked apc segment is also anticipated to witness a significant surge in demand. these vehicles offer higher off-road capabilities and enhanced protection, making them suitable for military operations in difficult terrains. additionally, the uae government's focus on expanding its military presence in the middle east and north africa regions is expected to drive the demand for tracked apcs in the forecast period. the amphibious apc segment is also likely to witness steady growth, as these vehicles can move seamlessly across land and water surfaces. they are particularly useful for defense operations in coastal and border areas. the uae's strategic location, along with its expanding naval capabilities, is expected to drive the demand for these vehicles in the country. in conclusion, the uae armoured personnel carrier market is on a growth trajectory, driven by increasing defense spending and the need for modern military equipment. the demand for wheeled, tracked, and amphibious apcs is expected to rise in the forecast period, showcasing significant opportunities for market players in the region.

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