22/03/2023 Marketing
The global infantry fighting vehicle market is anticipated to register a steady CAGR in the forecast period, 2023-2027. The increasing incidence of asymmetric warfare and cross-border conflicts and the rise in adoption of unmanned combat ground vehicles by armed forces are the primary factors driving the demand for the global infantry fighting vehicle market. Also, the advancements in technology to upgrade and advance the armored vehicles to improve their functionality and performance are expected to create lucrative growth opportunities for the global infantry fighting vehicle market in the next five years.
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