According to Goldstein Research, global armored vehicles market is expected to reach USD 40.8 billion by 2024, growing at a CAGR of 6.0% over the forecast period 2016-2024.The growing terrorist attacks and increasing deployment of defense forces requires armored vehicles, which is thus driving the growth of the market. Global armored vehicles market segmentation has been done on the basis of product type, technology, application and geography. Defense sector acquires largest market share in the application of armored vehicles. On the other hand, commercial segment is growing at a steady pace on the back of demand from government, banks, VIPs, embassies.Global armored vehicles market is majorly driven by Europe with 38.02 market share in 2016 and over the forecast period it is expected to continue its dominance, for the increasing spending of the federal authorities on the defense sector. Browse Full Report: https://www.goldsteinresearch.com/report/global-tire-recycling-industr...