Land Based Defense Equipment Global Markets Report 2021: Armored

DUBLIN, September 10, 2021–(BUSINESS WIRE)–The “Land Based Defense Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering.

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 market is expected to reach $57.89 billion in 2025 at a CAGR of 5%.

Major companies in the land based defense equipment market include BAE Systems; Raytheon Co; Northrop Grumman Corp; General Dynamics Corp and Lockheed Martin Corporation.

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.

Asia Pacific was the largest region in the global land based defense equipment market, accounting for 42% of the market in 2020. Africa was the second largest region accounting for 13% of the global land based defense equipment market. Western Europe was the smallest region in the global land based defense equipment market.

CornerShot rifles are increasingly being used in the defense industry. CornerShot weapons have a steel hinge that allows the gun’s frame to bend around the corner to attack a target without the shooter exposing themselves. These rifles help shooters to navigate around corners via a high-resolution camera and LCD monitor.

The CornerShot 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 remains safely inside the vehicle. The weapon is accurate and effective to 100 to 200 meters depending on the type of weapon. CornerShot removes the need for this initial exposure.

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Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Land based Defense Equipment Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Land based Defense Equipment Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Land based Defense Equipment Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Land based Defense Equipment Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Land based Defense Equipment Market Trends and Strategies

8. Impact of COVID-19 on Land based Defense Equipment

9. Land based Defense Equipment Market Size and Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers of the Market

9.2.2. Restraints on the Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers of the Market

9.3.2. Restraints on the…