Dublin, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/43j9pt/global_armored) has announced the addition of the "Global Armored Vehicles Automatic Fire Extinguishing Systems Market 2016-2020" report to their offering.
The global armored vehicle AFES market to grow at a CAGR of 5.05% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global armored vehicles automatic fire extinguishing systems (AFES) market for 2016-2020. It provides a global overview, market shares, and segmentation by vehicle types. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
In the defense sector, automatic fire extinguishing systems (AFES) are used in armored vehicles to protect the crew from hazards such as improvised explosive device (IED) threats and fuel explosions. They preserve the cabin and engine compartment of the vehicle with the help of sensors, which detects and suppresses fire using extinguishing agents. The US Army initially used AFES in its M1 Abrams main battle tank.
R&D is drawing substantial investments from defense industries across the globe and has resulted in the development of technologies that can augment the endurance and survivability of armed force vehicles in difficult conditions.
According to the report, global military forces are focusing on modernizing and upgrading their fleet of vehicles. Upgrading of military vehicles with vetronics and automatic fire suppression systems has provided military forces with improved crew survivability, easy navigation, enhanced surveillance performance, better communication between vehicles, and upgraded implementation of advanced weapon systems.
Further, the report states that the reduction in the defense budget prohibits the development of military support vehicle programs.
Key vendors:
- Bulldog Direct Protective Systems
- Firetrace Aerospace
- Kidde Deugra
- N2 Towers
- Spectrex
Other prominent vendors:
- Fire Protection Technologies
- Marotta
- General Dynamics
- Spectronix
Key Topics Covered:
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by vehicle type
- Global armored vehicles AFES market by vehicle type
- Global armored vehicles AFES market by vehicle type
- Global armored vehicles AFES market for armored personnel vehicles
- Global armored vehicles AFES market for infantry fighting vehicles
PART 09: Geographical segmentation
- Geographical segmentation of global armored vehicles AFES market
- Armored vehicles AFES market in EMEA
- Armored vehicle AFES market in APAC
- Armored vehicle AFES market in the Americas
PART 10: Key leading regions
PART 11: Market drivers
- Modernization of military vehicles
- Demand for automated systems
- Increase in civil wars
PART 12: Impact of drivers
PART 13: Market challenges
- Defense budget cuts in the US
- Challenges associated with conversion from halon to alternate agent
- Environmental issues with halon-based AFES
PART 14: Impact of drivers and challenges
PART 15: Market trends
- Increased use of modern AFES
- Development of next-generation military combat vehicle
- Growth in R&D
PART 16: Vendor landscape
- Competitive scenario
- Bulldog Direct Protective Systems
- Firetrace Aerospace
- Kidde Deugra
- N2 Towers
- Spectrex
- Other prominent vendors
PART 17: Appendix
For more information visit http://www.researchandmarkets.com/research/43j9pt/global_armored