Main Battle Tanks Market Scope and Size by 2031
Main battle tanks are considered as one of the key components in modern armies. The main battle tank is a tank that fills the maneuver role and armor-protected direct fire role of many modern armies. Growth in national security concerns is urging the nations to bolster their military strength by acquiring advanced battle tanks and constantly upgrading their existing warfare equipment.
MARKET SCOPE
The "Global Main Battle Tanks Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the main battle tanks market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading main battle tanks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global main battle tanks market is segmented into light, medium, heavy
- On the basis of application, the market is segmented into patrol, combat
MARKET DYNAMICS
Drivers
- The global main battle tank market has been witnessing significant demand from the armed forces due to increasing border-related issues, aiming at the nations and several other hostile activities taking place.
- In addition, rise in military budgets is proliferating the demand for main battle tanks in the global market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The main battle tanks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the main battle tanks market in these regions.
IMPACT OF COVID-19 ON MAIN BATTLE TANKS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The main battle tanks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the main battle tanks market in these regions.
IMPACT OF COVID-19 ON MAIN BATTLE TANKS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the main battle tanks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from main battle tanks market are anticipated to lucrative growth opportunities in the future with the rising demand for main battle tanks in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the main battle tanks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- General Dynamics Corporation
- Hyundai Rotem
- BAE Systems plc.
- Nexter Systems
- BMC
- Israel Military Industries
- Rheinmetall AG
- Krauss-Maffei Wegmann GmbH and Co. KG
- Mitsubishi Heavy Industries
- Safran
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Main Battle Tanks Market - By Type
1.3.2 Main Battle Tanks Market - By Application
1.3.3 Main Battle Tanks Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MAIN BATTLE TANKS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MAIN BATTLE TANKS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MAIN BATTLE TANKS MARKET - GLOBAL MARKET ANALYSIS
6.1. MAIN BATTLE TANKS - GLOBAL MARKET OVERVIEW
6.2. MAIN BATTLE TANKS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MAIN BATTLE TANKS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIGHT
7.3.1. Overview
7.3.2. Light Market Forecast and Analysis
7.4. MEDIUM
7.4.1. Overview
7.4.2. Medium Market Forecast and Analysis
7.5. HEAVY
7.5.1. Overview
7.5.2. Heavy Market Forecast and Analysis
8. MAIN BATTLE TANKS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PATROL
8.3.1. Overview
8.3.2. Patrol Market Forecast and Analysis
8.4. COMBAT
8.4.1. Overview
8.4.2. Combat Market Forecast and Analysis
9. MAIN BATTLE TANKS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Main Battle Tanks Market Overview
9.1.2 North America Main Battle Tanks Market Forecasts and Analysis
9.1.3 North America Main Battle Tanks Market Forecasts and Analysis - By Type
9.1.4 North America Main Battle Tanks Market Forecasts and Analysis - By Application
9.1.5 North America Main Battle Tanks Market Forecasts and Analysis - By Countries
9.1.5.1 United States Main Battle Tanks Market
9.1.5.1.1 United States Main Battle Tanks Market by Type
9.1.5.1.2 United States Main Battle Tanks Market by Application
9.1.5.2 Canada Main Battle Tanks Market
9.1.5.2.1 Canada Main Battle Tanks Market by Type
9.1.5.2.2 Canada Main Battle Tanks Market by Application
9.1.5.3 Mexico Main Battle Tanks Market
9.1.5.3.1 Mexico Main Battle Tanks Market by Type
9.1.5.3.2 Mexico Main Battle Tanks Market by Application
9.2. EUROPE
9.2.1 Europe Main Battle Tanks Market Overview
9.2.2 Europe Main Battle Tanks Market Forecasts and Analysis
9.2.3 Europe Main Battle Tanks Market Forecasts and Analysis - By Type
9.2.4 Europe Main Battle Tanks Market Forecasts and Analysis - By Application
9.2.5 Europe Main Battle Tanks Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Main Battle Tanks Market
9.2.5.1.1 Germany Main Battle Tanks Market by Type
9.2.5.1.2 Germany Main Battle Tanks Market by Application
9.2.5.2 France Main Battle Tanks Market
9.2.5.2.1 France Main Battle Tanks Market by Type
9.2.5.2.2 France Main Battle Tanks Market by Application
9.2.5.3 Italy Main Battle Tanks Market
9.2.5.3.1 Italy Main Battle Tanks Market by Type
9.2.5.3.2 Italy Main Battle Tanks Market by Application
9.2.5.4 United Kingdom Main Battle Tanks Market
9.2.5.4.1 United Kingdom Main Battle Tanks Market by Type
9.2.5.4.2 United Kingdom Main Battle Tanks Market by Application
9.2.5.5 Russia Main Battle Tanks Market
9.2.5.5.1 Russia Main Battle Tanks Market by Type
9.2.5.5.2 Russia Main Battle Tanks Market by Application
9.2.5.6 Rest of Europe Main Battle Tanks Market
9.2.5.6.1 Rest of Europe Main Battle Tanks Market by Type
9.2.5.6.2 Rest of Europe Main Battle Tanks Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Main Battle Tanks Market Overview
9.3.2 Asia-Pacific Main Battle Tanks Market Forecasts and Analysis
9.3.3 Asia-Pacific Main Battle Tanks Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Main Battle Tanks Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Main Battle Tanks Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Main Battle Tanks Market
9.3.5.1.1 Australia Main Battle Tanks Market by Type
9.3.5.1.2 Australia Main Battle Tanks Market by Application
9.3.5.2 China Main Battle Tanks Market
9.3.5.2.1 China Main Battle Tanks Market by Type
9.3.5.2.2 China Main Battle Tanks Market by Application
9.3.5.3 India Main Battle Tanks Market
9.3.5.3.1 India Main Battle Tanks Market by Type
9.3.5.3.2 India Main Battle Tanks Market by Application
9.3.5.4 Japan Main Battle Tanks Market
9.3.5.4.1 Japan Main Battle Tanks Market by Type
9.3.5.4.2 Japan Main Battle Tanks Market by Application
9.3.5.5 South Korea Main Battle Tanks Market
9.3.5.5.1 South Korea Main Battle Tanks Market by Type
9.3.5.5.2 South Korea Main Battle Tanks Market by Application
9.3.5.6 Rest of Asia-Pacific Main Battle Tanks Market
9.3.5.6.1 Rest of Asia-Pacific Main Battle Tanks Market by Type
9.3.5.6.2 Rest of Asia-Pacific Main Battle Tanks Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Main Battle Tanks Market Overview
9.4.2 Middle East and Africa Main Battle Tanks Market Forecasts and Analysis
9.4.3 Middle East and Africa Main Battle Tanks Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Main Battle Tanks Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Main Battle Tanks Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Main Battle Tanks Market
9.4.5.1.1 South Africa Main Battle Tanks Market by Type
9.4.5.1.2 South Africa Main Battle Tanks Market by Application
9.4.5.2 Saudi Arabia Main Battle Tanks Market
9.4.5.2.1 Saudi Arabia Main Battle Tanks Market by Type
9.4.5.2.2 Saudi Arabia Main Battle Tanks Market by Application
9.4.5.3 U.A.E Main Battle Tanks Market
9.4.5.3.1 U.A.E Main Battle Tanks Market by Type
9.4.5.3.2 U.A.E Main Battle Tanks Market by Application
9.4.5.4 Rest of Middle East and Africa Main Battle Tanks Market
9.4.5.4.1 Rest of Middle East and Africa Main Battle Tanks Market by Type
9.4.5.4.2 Rest of Middle East and Africa Main Battle Tanks Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Main Battle Tanks Market Overview
9.5.2 South and Central America Main Battle Tanks Market Forecasts and Analysis
9.5.3 South and Central America Main Battle Tanks Market Forecasts and Analysis - By Type
9.5.4 South and Central America Main Battle Tanks Market Forecasts and Analysis - By Application
9.5.5 South and Central America Main Battle Tanks Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Main Battle Tanks Market
9.5.5.1.1 Brazil Main Battle Tanks Market by Type
9.5.5.1.2 Brazil Main Battle Tanks Market by Application
9.5.5.2 Argentina Main Battle Tanks Market
9.5.5.2.1 Argentina Main Battle Tanks Market by Type
9.5.5.2.2 Argentina Main Battle Tanks Market by Application
9.5.5.3 Rest of South and Central America Main Battle Tanks Market
9.5.5.3.1 Rest of South and Central America Main Battle Tanks Market by Type
9.5.5.3.2 Rest of South and Central America Main Battle Tanks Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MAIN BATTLE TANKS MARKET, KEY COMPANY PROFILES
11.1. GENERAL DYNAMICS CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HYUNDAI ROTEM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BAE SYSTEMS PLC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. NEXTER SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BMC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ISRAEL MILITARY INDUSTRIES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RHEINMETALL AG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KRAUSS-MAFFEI WEGMANN GMBH AND CO. KG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MITSUBISHI HEAVY INDUSTRIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SAFRAN
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. General Dynamics Corporation
2. Hyundai Rotem
3. BAE Systems plc.
4. Nexter Systems
5. BMC
6. Israel Military Industries
7. Rheinmetall AG
8. Krauss-Maffei Wegmann GmbH and Co. KG
9. Mitsubishi Heavy Industries
10. Safran
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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