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One of the most lasting images of any war is the Heavy Main Battle Tanks Rolling in and showing their firepower. They are a sign of dominance and steamroll everything and anything in their path. Before the cold war tanks were classified as light, medium, heavy and super heavy. Hence a need was felt for a single tank which could perform all of their tasks. So the Main Battle Tank came into existence. They have been successful in replacing the earlier categories and most countries operate with just the Main Battle Tanks though sometimes they are supplemented by the Light Tanks. One of the First Main Battle Tank to be produced was the T55 by the Soviet union followed shortly by the equally successful M60 Patton built by the U.S. T54 and T55 are the most produced tanks in the world with the production number ranging up to 1,00,000 units.The Main Battle Tank Market is expected to reach a size of $20 billion by 2020 and the number of Main Battle Tanks to be produced till 2020 will exceed 3000 units. With higher production of relatively cheaper Main Battle Tanks by China, Pakistan etc the Main Battle Tank Market is bound to expand with more and more orders from developing nations looking to expand their military footprint.
A Main Battle Tank is a tank that performs the heavy direct fire role of the modern armies. It is forecasted that Tanks of 3 countries Russia, China and Pakistan - Ukraine will control more than half of the Tank Market by 2020 with procurement of new High End Tanks mainly manufactured by the U.S. and Germany to steadily fall down. The Tank Market is buzzing in Countries like Germany, Russia with Russia about to introduce its T 14 Armata Tank which will be introduced in 2015 and will reportedly have the most powerful cannon in the world which can engage targets up to a distance of 8 kilometers.
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Pakistan, china , Russia and India will continue to remain major players in the market and continue to account for more than half the number of Main Battle Tanks till 2020.
What the report offers
The study identifies the situation and predicts the growth of Global Main Battle Tank Market. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Global Main Battle Tank Market. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by Generation and various regions of the world.
Companies Mentioned:
Oto Melara
Uralvagonzavod
General Dynamics
Kraus - Maffei Wegman Gmbh
Maschinenbau Kiel
Norinco
Defence Research And Development Organisation
BAE Systems
Hyundai Rotem
Table of Contents:
Research Methodology
Key Findings of The Study
Executive Summary
Market Overview
Market Dynamics
Main Battle Tank Market
Competitive Intelligence – Company Profiles
Investment Analysis
Future of Main Battle Tank Market
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Release ID: 288027
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