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Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market Analysis, 2025-2030, Featuring Bulldog Direct Protective Systems, General Dynamics Corp, Marotta Controls, N2 Towers, UTC & More

1. The AFES market is projected to reach $121.7 million by 2030. 2. Demand driven by asymmetric warfare and explosive device usage. 3. Technological advancements enhance AFES effectiveness in modern vehicles. 4. U.S. AFES market estimated at $27.6 million in 2024. 5. Growing defense budgets increase investment in AFES technologies.

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FAQ

Why Bullish?

Increasing defense budgets and demand for AFES can positively influence GD's market position.

How important is it?

The article discusses trends directly affecting GD's operations in the armored vehicle sector.

Why Long Term?

Sustained growth in the AFES market could enhance GD's opportunities in defense contracting over years.

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Dublin, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The "Armored Vehicles Automatic Fire Extinguishing Systems (AFES) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Armored Vehicles Automatic Fire Extinguishing Systems (AFES) was valued at US$101.8 million in 2024 and is projected to reach US$121.7 million by 2030, growing at a CAGR of 3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the armored vehicles AFES market is driven by several factors that are closely tied to technological advancements, increasing defense expenditures, and the evolving nature of global conflicts. Firstly, the rise in asymmetric warfare and the growing use of improvised explosive devices (IEDs) have heightened the need for advanced fire protection systems in armored vehicles, propelling demand for cutting-edge AFES solutions. Secondly, advancements in sensor technology and the integration of AI into fire suppression systems are expanding the capabilities of AFES, making them more effective and easier to integrate into modern armored platforms. Thirdly, the push for more versatile and modular armored vehicles is driving the adoption of AFES systems that can be easily customized and upgraded to meet specific mission requirements. Additionally, the increasing focus on the safety of military personnel, coupled with rising defense budgets in key regions, is leading to greater investment in advanced AFES technologies. These factors, combined with the expanding use of armored vehicles in non-military sectors such as law enforcement and private security, are fueling robust growth in the AFES market, ensuring that these systems remain a critical element in the protection and effectiveness of armored vehicles worldwide.Scope of the StudyThe report analyzes the Armored Vehicles Automatic Fire Extinguishing Systems (AFES) market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.SegmentsPlatform (APCs, Tanks & Other Fighting Vehicles).Geographic Regions/CountriesWorld; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights: Market Growth: Understand the significant growth trajectory of the APCs segment, which is expected to reach US$70.5 Million by 2030 with a CAGR of a 3.3%. The Tanks & Other Fighting Vehicles segment is also set to grow at 2.6% CAGR over the analysis period.Regional Analysis: Gain insights into the U.S. market, valued at $27.6 Million in 2024, and China, forecasted to grow at an impressive 2.8% CAGR to reach $19.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.Company Profiles: Coverage of major players such as Bulldog Direct Protective Systems, Inc., Fire Protection Technologies, General Dynamics Corporation, Halma PLC, Marotta Controls, Inc. and more.Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Questions Answered: How is the Global Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market expected to evolve by 2030?What are the main drivers and restraints affecting the market?Which market segments will grow the most over the forecast period?How will market shares for different regions and segments change by 2030?Who are the leading players in the market, and what are their prospects? Some of the 14 companies featured in this Armored Vehicles Automatic Fire Extinguishing Systems (AFES) market report include: Bulldog Direct Protective Systems, Inc.Fire Protection TechnologiesGeneral Dynamics CorporationHalma PLCMarotta Controls, Inc.N2 Towers Inc.Spectrex, Inc.United Technologies Corporation (UTC) Key Attributes Report AttributeDetailsNo. of Pages232Forecast Period2024-2030Estimated Market Value (USD) in 2024$101.8 MillionForecasted Market Value (USD) by 2030$121.7 MillionCompound Annual Growth Rate3%Regions CoveredGlobal MARKET OVERVIEW Influencer Market InsightsArmored Vehicles Automatic Fire Extinguishing Systems (AFES) - Global Key Competitors Percentage Market Share in 2024Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024Global Economic Update MARKET TRENDS & DRIVERS Rising Focus on Crew Safety in Combat Vehicles Spurs Demand for Advanced AFESIncreasing Adoption of AFES in Lightweight Armored Vehicles Expands Market OpportunitiesAdvancements in Sensor Technology Drive the Development of More Responsive AFESGrowing Defense Budgets Propel Investments in Modern Fire Suppression Systems for Armored VehiclesExpansion of Urban Warfare Scenarios Strengthens Business Case for Enhanced AFESRising Concerns Over Electrical Fires in Modern Combat Vehicles Propel AFES Market GrowthIncreasing Demand for Retrofit Solutions in Legacy Vehicles Expands Addressable Market for AFESAdvancements in Compact and Lightweight Fire Suppression Systems Drive Adoption in Armored VehiclesExpansion of AFES into Non-Military Armored Vehicles Opens New Market NichesRising Incidence of Fire-Related Casualties in Combat Zones Drives Adoption of Advanced AFESIncreasing Use of Simulation and Testing Technologies Enhances AFES Effectiveness and Reliability For more information about this report visit https://www.researchandmarkets.com/r/mfidoj About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market Armored Vehicles Automatic Fire Extinguishing Systems (AFES) Market

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