The armored personnel carrier market will hit $16.55 by 2030 at 5.5% CAGR, driven by AI navigation, modular armor, hybrid propulsion & enhanced safety tech.
The armored ambulance market will reach $1.74 by 2030 at 7.2% CAGR, driven by soldier survivability, defense budgets, autonomous tech & modular vehicle platforms.
Global Armor Materials market size is expected to reach $18.36 billion by 2030 at 6%, rise in terrorist threats to drive market growth
The global armed drone market to reach $60.56 billion by 2030 at 13.8% CAGR, driven by increasing military spending.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.