According to a new report by Polaris Market Research, the global armored vehicles market was valued at USD 49.96 billion in 2023 and is projected to reach USD 66.62 billion by 2032, expanding at a CAGR of 3.3% over the forecast period. Growth is underpinned by rising defense expenditure, expanding military modernization programs, and accelerating adoption of autonomous and AI-enabled...
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