Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market by Platform and Geography - Forecast and Analysis 2021-2025

The armored vehicles automatic fire extinguishing systems (AFES) market size has the potential to grow by USD 11.11 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.97%. 

This report provides a detailed analysis of the market by platform (APCs and tanks and other fighting vehicles), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

• Bulldog Direct Protective Systems Inc.
• Emerson Electric Co.
• Fire Protection Technologies Group
• General Dynamics Corp.
• Halma Plc
• Johnson Controls International Plc
• Marotta Controls Inc.
• N2 Towers Inc.
• Raytheon Technologies Corp.
• Rheinmetall AG

The armored vehicles AFES market is concentrated and the vendors are deploying growth strategies such as providing cost-effective and high-quality services to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the rising development of military armored vehicles to achieve growth opportunities. However, factors such as integration issues associated with halon-alternative agents will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the armored vehicles automatic fire extinguishing systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This armored vehicles automatic fire extinguishing systems market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market: Key Drivers and Trends

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Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market: Segmentation by Geography

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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for armored vehicles automatic fire extinguishing systems in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The increase in inventories of armored vehicles and components and spares to prepare for military insurgencies and other border threats will facilitate the armored vehicles AFES market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market: Segmentation by Platform

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APCs are used to transport infantry to the battlefields, which puts the lives of numerous personnel at the protection capabilities of the vehicle. Therefore, APCs are equipped with high levels of protective equipment and safety measures to safeguard the personnel inside the vehicles. The inclusion and modernization of AFES in APCs are being driven by the increased focus on the safety and survivability of the crew. These factors are expected to increase the demand for AFESs for APCs. However, the armored vehicles automatic fire extinguishing systems market share growth by the APCs segment will be slower than the tanks and other vehicles segment.    

This report provides an accurate prediction of the contribution of all the segments to the growth of the armored vehicles automatic fire extinguishing systems market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

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Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive armored vehicles automatic fire extinguishing systems market growth during the next five years
• Precise estimation of the armored vehicles AFES market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the armored vehicles automatic fire extinguishing systems industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of armored vehicles automatic fire extinguishing systems market vendors

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