Tanks Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the tanks industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected tanks market growth numbers 2021-2030.
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The Tanks Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global tanks market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Tanks Global Market Report 2021 covers tanks market drivers, tanks market trends, tanks market growth rate, tanks market major players, player-adopted strategies in the market, and tanks market size.
The global tanks market is expected to decline from $0.96 billion in 2020 to $0.94 billion in 2021 at a compound annual growth rate (CAGR) of -2.1%. The decline is attributed to the COVID-19 implications including social distancing practices, supply chain disruptions, and halt or closure of production. The tanks market is expected to reach $1.02 billion in 2025 at a CAGR of 2.1%.
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The report covers the tanks market segments-
1) By Type: Light, Medium, Heavy
2) By Application: Patrolling, Fighting
3) By Technology: Active Mine System, Active Protection System, Modular Ballistic Armor, Situational Awareness System, Inter Operable Communication, Vehicle Information Integration, Electric Armor
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