About Marauders Vehicle
Marauders vehicles are widely used in the defense sector due to their outstanding flexibility and rugged nature compared to other vehicles. Marauders have common application in the transportation of armed forces and reconnaissance and peace-keeping missions. Marauders vehicles can also be equipped with weapons, mission-specific equipment, vision devices, and extra sensors. The growing concern of homeland security due to increasing territorial disputes among the countries will boost the adoption of marauders vehicles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Paramount Group (South Africa), Oshkosh Corporation (United States), SC Group (United Kingdom), Denel Vehicle Systems (South Africa), IVEMA (Pty) Ltd. (South Africa), Terradyne Armored Vehicles Inc. (Canada), Mahindra & Mahindra (India) and Tata Motors (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Marauders Vehicle market by Type (4x4 Wheeled and 6x6 Wheeled) and Region.
On the basis of geography, the market of Marauders Vehicle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Powertrain, the sub-segment i.e. Petrol will boost the Marauders Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. Ambulance Support Vehicles will boost the Marauders Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Lightweight Marauder Petrol Vehicles
Market Growth Drivers:
Increasing Use of Marauders Vehicles for reconnaissance or peacekeeping Activities and Increased Focus on Homeland Security and Government Funding to Strengthen Defense Sector
Challenges:
Some of the Marauder is Only Capable for Short Range of Mileage
Restraints:
Inadequate Funding and Slow Growth of Defense Sector in Some Underdeveloped Countries
Opportunities:
Increasing Territorial Disputes and Political Conflicts Among Countries
Market Leaders and their expansionary development strategies
iN August 2022, Paramount Group introduced on 23 August the Marauder Mark 2 armoured vehicle, which is an improved version of the company’s original Marauder.The new platform provides better ergonomics, comfort and functionality and features updated driver ergonomics systems, universal hull adaptability, interchangeable dashboard modules and steering wheel components.
In 2019, Paramount Group launched a marauder armored vehicle and personnel carrier within the Republic of Nigeria. The newly launched 4x4 wheeled 15-tonne marauder can be used as a troop carrier or combat vehicle. It maintains excellent cross-country agility and offers a top speed of 120 km/hr over challenging terrains. The vehicle can protect against a wide range of kinetic attacks and withstand a side blast equivalent to 50kg of explosives.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Marauders Vehicles Manufacturers, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.