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MnM’s client was interested in assessing the global market for civil armored vehicles. The key objectives of the study were to determine market revenue and volume for the period starting from 2014 to 2021, with special emphasis on the various end user segments, materials used, and manufacturer types. The secondary objectives included the assessment of the challenges related to supply chain, logistics, procurement, distribution, and trade, so as to determine the winning imperatives for the various stakeholders of the concerned market.

1. Methodology Adopted by MnM: MnM carried out this study through a combination of extensive secondary research followed by primary discussions with several industry experts across the value chain, across the globe. Both top-down and bottom-up approaches were used to uncover key sources of primary information, including manufacturers, distributors, after-market suppliers, and other industry experts. By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analyzed current & forecast quantitative market information, and developed deep-dive qualitative insights into industry trends & dynamics across each of the target regions.
2. Actual Solution Provided:
   • Sizing of global civil armored vehicles market in terms of both value and volume, for the period between 2014 and 2021
   • Analysis of the market in terms of several categories, such as end-user, material type, and manufacturer
   • Regional analysis of the global market in terms of the aforementioned sub-segments, mapped across the major regions, North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa
   • A detailed competitive landscape of the market, by identifying the major players, their core competencies, growth strategies, and development activities in the global market space
   • A thorough analysis of the civil armored vehicles market in order to identify the several challenges related to supply chain, logistics, procurement, distribution, import-export, and so on; to determine the winning imperatives for each category of stakeholders of the civil armored vehicles market; and to estimate the key investment and growth opportunities in the global market space

Value Delivered:

The client was able to identify new markets for entry and define innovative market entry strategies, while also being able to ensure minimal risks in terms of supply chain challenges.