(May 8, 2013) LONDON — Armored vehicles provide ground forces mobility, protection and firepower and they need to confront threats both in conventional warfare and in many facets of irregular warfare.

Armored vehicle programs do face pressure from defense spending cuts in several countries but the importance of this sector along with wide-ranging projects to replace aging vehicle fleets do promise demand for companies involved in, or looking to be involved, in this sector.

Visiongain's latest defense report,  Global Armored Vehicles Market 2013-2023 , finds stable demand for military armored vehicles, although prospects for growth vary among the submarkets examined.  Visiongain assesses that global spending on armored vehicles will amount to $12.61 billion in 2013.

The report has 203 pages and contains 201 tables, charts and graphs to explain trends and market projections within the armored vehicles market. As well as a global forecast, Visiongain provides figures and analysis for 20 leading national markets (plus the 'Rest of the World' market) with details of significant contracts and programs in each national market.

The report segments the market with five global submarket forecasts for the period 2013-2023 for the following submarkets: main battle tanks, medium armored vehicles, medium mine-resistant vehicles, light protected vehicles and other armored vehicles. The report includes an expert interview with Textron Marine & Land Systems, to support the analysis. The report further provides profiles of 25 leading armored vehicles companies operating worldwide.