Driving Defense: Growth Opportunities in the Armored Fighting Vehicles Market
The armored fighting vehicles (AFVs) market is growing due to rising demand for advanced military equipment and the need for modernization in defense forces. Increasing global security concerns, cross-border conflicts, and terrorism are pushing governments to enhance their defense capabilities, leading to more procurement of AFVs. Additionally, technological advancements, such as advanced armor materials and modular designs, are improving the performance, protection, and operational efficiency of these vehicles.