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What is Infantry Fighting Vehicle (IFV)?
The infantry fighting vehicle (IFV), also known as mechanized infantry combat vehicle (MICV) or an armored fighting vehicle, is a combat vehicle manufactured to carry troops into the battlefield and provide direct fire support. The IFVs have less weight than a tank and hence are more mobile. Unlike the armored personnel carriers (APC), the IFVs are characteristically equipped with large guns and canons. They frequently serve both as the mode of transport for an automatic infantry unit as well as the weapon support for main battle tanks.
The latest market intelligence study on Infantry Fighting Vehicle (IFV) relies on the statistics derived from both primary and secondary research to present insights pertaining to the forecasting model, opportunities, and competitive landscape of Infantry Fighting Vehicle (IFV) market for the forecast period 2021–2027.
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Aerospace and Defense, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Infantry Fighting Vehicle (IFV) market globally. This report on ‘Infantry Fighting Vehicle (IFV) market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
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Scope of the Report
The research on the Infantry Fighting Vehicle (IFV) market concentrates on extracting valuable data on swelling investment pockets, significant growth opportunities, and major market vendors to help understand business owners what their competitors are doing best to stay ahead in the competition. The research also segments the Infantry Fighting Vehicle (IFV) market on the basis of end user, product type, application, and demography for the forecast period 2021–2027.
The focus on enhancing situational awareness in the battlefield and rising incidences of asymmetric warfare are some of the significant factors driving the growth of the infantry vehicle market. However, delays in procurement processes restrain the IFVs market growth to a certain extent while enhancing protection, firepower, and mobility without an increase in weight and cost of the IFVs. Nevertheless, the rise in defense expenditure, especially in emerging economies, is anticipated to boost the growth of the IFVs market.
The report also includes the profiles of key Infantry Fighting Vehicle (IFV) Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
Here we have listed the top Infantry Fighting Vehicle (IFV) Market companies in the world
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