Armored Vehicles Global Market Report 2025

Global Armored Vehicles Market Report 2025

Armored Vehicles Global Market Report 2025 – By Vehicle Type (Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others), By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By System (Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command And Control System, Others), By Mobility (Tracked, Wheeled, 4X4, 6X6, 8X8, Others) – Market Size, Trends, And Global Forecast 2025-2034

Name: Armored Vehicles Global Market Report 2025
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Armored Vehicles Global Market Report 2025

Report Price : $4490.00 $3592.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Armored Vehicles Global Market Report 2025

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Armored Vehicles Market Definition

The armored vehicle is a self-propelled, weaponized military vehicle used for combat operations. The armored vehicles combine operational mobility with offensive and defensive capabilities.

The main vehicle types of armored vehicles are armored personnel carriers, infantry fighting vehicles, main battle tanks, tactical trucks, buses, and others. An armored personnel carrier is a type of armored military vehicle used to transport personnel and equipment in combat zones. The various platforms include combat vehicles, combat support vehicles, unmanned armored ground vehicles, and the different systems involved are the engine, drive system, ballistic armor, fire control system (FCS), armaments, ammunition handling system, countermeasure system, command and control system, and others. By mobility, the armored vehicles are classified into tracked, wheeled, 4x4, 6x6, 8x8, and others.

Armored Vehicles Market Segmentation

The armored vehicles market covered in this report is segmented –

1) By Vehicle Type: Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others

2) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles

3) By System: Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command And Control System, Others

4) By Mobility: Tracked, Wheeled, 4X4, 6X6, 8X8, Others

Subsegments:

1) By Armored Personnel Carrier: Wheeled Armored Personnel Carriers, Tracked Armored Personnel Carriers

2) By Infantry Fighting Vehicle: Wheeled Infantry Fighting Vehicles, Tracked Infantry Fighting Vehicles

3) By Main Battle Tanks: Light Battle Tanks, Heavy Battle Tanks

4) By Tactical Truck: Armored Cargo Trucks, Armored Utility Trucks, Armored Tactical Vehicles

5) By Bus: Armored Passenger Buses, Armored Military Transport Buses

6) By Others: Armored Reconnaissance Vehicles, Armored Bridge Layers, Armored Engineering Vehicles

Armored Vehicles Market Size and growth rate 2025 to 2029: Graph

Armored Vehicles Market Size 2025 And Growth Rate

The armored vehicles market size has grown strongly in recent years. It will grow from $9.94 billion in 2024 to $10.68 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to military conflicts, peacekeeping missions, terrorism and insurgency, border security, law enforcement.

Armored Vehicles Market Growth Forecast

The armored vehicles market size is expected to see strong growth in the next few years. It will grow to $13.47 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to urban warfare, asymmetric threats, cybersecurity and data protection, hybrid and electric propulsion, unmanned and autonomous features. Major trends in the forecast period include modular armor and upgrades, crew safety and comfort, lighter weight materials, riot control and crowd management, multi-role armored vehicles.

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Armored Vehicles Market Driver: Increased Military Expenditure In The Armored Vehicle Market

Increased military spending is expected to fuel the growth of the armored vehicle market over the forecast period. Countries around the world are investing in the military because of their conflicts and rivalries with other nations. Military expenditure covers operations, maintenance, arms acquisition, armored vehicles, and military research and development. For instance, in April 2024, Stockholm International Peace Research Institute (SIPRI), a Sweden-based non-government organization, in 2023, global military spending reached $2,443 billion, up 6.8% in real terms from 2022. Thus, increased military spending is driving the growth of the armored vehicle market.

Armored Vehicles Market Driver: Rising Terrorist Attacks In The Armored Vehicle Market

The rising terrorist attacks are expected to propel the growth of the armored vehicle market going forward. Terrorist attacks are violent acts carried out by individuals, groups, or organizations with the intent of causing fear, panic, and disruption to achieve various political, ideological, religious, or social objectives. Armored vehicles are used as a means of protection against terrorist attacks, theft and violent crimes, to provide security in high-risk areas, and also to protect against snipers, small arms fire, and rocket-propelled grenades (RPGs). For Instance, In March 2023, according to the Global Terrorism Index, a report published by the Institute for Economics and Peace, an Australia-based global think tank, there were an average of 1.3 deaths per terrorist attack in 2021, and it has increased to an average of 1.7 people per attack in 2022. Therefore, rising terrorist attacks are driving the growth of the armored vehicle market.

Global Armored Vehicles Market Major Players

Major companies operating in the armored vehicles market include BAE Systems, Oshkosh Corporation, International Armored Group, General Dynamics Land Systems, Textron Inc., Rheinmetall AG, Lockheed Martin Corporation, Krauss-Maffei Wegmann GmbH & Co. KG, INKAS Armored Vehicle Manufacturing, Elbit Systems Ltd., IVECO S.p.A., Lenco Armored Vehicles Inc., Navistar- Navistar International Corporation, Thales Group, STREIT Group, UralVagonZavod Corporation, Ukroboronprom, NORINCO- China North Industries Group Corporation Limited (NORINCO), Bayerische Motoren Werke AG, Ford Motor Company, Raytheon Technologies Corporation, Mitsubishi Heavy Industries Ltd., Hyundai Motor Company, Nexter Group, Panhard General Defense SAS, Plasan Sasa Ltd., SABIEX International, Hanwha Defense Co.Ltd.

Global Armored Vehicles Market Trend: Innovations In The Armored Vehicle Market

Major companies operating in the armored vehicle market are focusing on innovating products, such as armored light specialist vehicle, to provide reliable services to customers. A light specialist vehicle typically refers to a type of vehicle designed and equipped for specific specialized tasks or roles, often within military or emergency services contexts. For instance, in June 2023, Mahindra Defence Systems Limited, an India-based provider of innovative, armored solutions for the military and paramilitary forces, launched the Armoured Light Specialist Vehicle (ALSV). The Armoured Light Specialist Vehicle (ALSV) is a light-weight, four-wheel-drive, air-transportable tactical armored specialist vehicle. It is used for a variety of roles, including reconnaissance, patrol, and convoy escort. The vehicle is powered by a Steyr 3.2-liter, 6-cylinder turbo diesel engine which provides 215 hp at 3600 rpm with a peak torque of 500Nm. The ALSV's variants include the 6 to 8-seater Armored Protection Vehicle for Security, Light Armored Ambulance, Command and Control Vehicle, Light Mortar 81/82mm Vehicle, and Ammunition Carrier for Light Weapons.

Global Armored Vehicles Market Trend: Advancements In Armored Vehicle Technology Electrification For A Greener Battlefield

Major companies operating in the armored vehicle market are focused on the latest technology to sustain their position. Advanced technological solutions refer to innovative and cutting-edge technologies that offer significant value and promise to provide future benefits. For instance, in June 2022, Texelis SAS, a France-based manufacturing company, introduced a new technological solution to wheeled armored vehicle electrification for military operators looking to take the next step toward a greener battlefield. This solution combines proven electric vehicle components to offer a faster route to vehicle electrification than whole-vehicle electric design programs. It can be implemented on existing wheeled military vehicles to retain advanced mobility while harnessing technologies to enable the ability to export electric power to charge soldier systems and run in full-electric silent mode for limited periods.

Armored Vehicles Market Merger And Acquisition: Parker Hannifin Corporation Aquired Meggitt Plc

In September 2022, Parker Hannifin Corporation, a US-based manufacturer of motion and control technology company, acquired Meggitt PLC for $6.79 billion. With this acquisition Parker Hannifin Corporation expands its portfolio by offering a wider range of solutions for aircraft and aeroengine systems and new developments in electrification and low-carbon technologies. Meggitt PLC is a UK-based aerospace company that manufactures components and sub-systems for advanced light armored vehicles (LAV).

Regional Outlook For The Global Armored Vehicles Market

Asia-Pacific was the largest region in the armored vehicles market in 2024. Western Europe is expected to be the fastest-growing region in the armored vehicles market during the forecast period. The regions covered in the armored vehicles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the armored vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Armored Vehicles Market?

The armored vehicle market consists of sales of armored vehicles such as tanks, tank destroyers, infantry fighting vehicles, armored personnel carriers, and self-propelled guns. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Armored Vehicles Industry?

The armored vehicles market research report is one of a series of new reports from The Business Research Company that provides armored vehicle market statistics, including global market size, regional shares, competitors with an armored vehicle market share, detailed armored vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the armored vehicle industry. This armored vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Armored Vehicles Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$10.68 billion
Revenue Forecast In 2034	$13.47 billion
Growth Rate	CAGR of 6.0% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Vehicle Type: Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others 2) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles 3) By System: Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command And Control System, Others 4) By Mobility: Tracked, Wheeled, 4X4, 6X6, 8X8, Others Subsegments: 1) By Armored Personnel Carrier: Wheeled Armored Personnel Carriers, Tracked Armored Personnel Carriers 2) By Infantry Fighting Vehicle: Wheeled Infantry Fighting Vehicles, Tracked Infantry Fighting Vehicles 3) By Main Battle Tanks: Light Battle Tanks, Heavy Battle Tanks 4) By Tactical Truck: Armored Cargo Trucks, Armored Utility Trucks, Armored Tactical Vehicles 5) By Bus: Armored Passenger Buses, Armored Military Transport Buses 6) By Others: Armored Reconnaissance Vehicles, Armored Bridge Layers, Armored Engineering Vehicles
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	BAE Systems, Oshkosh Corporation, International Armored Group, General Dynamics Land Systems, Textron Inc., Rheinmetall AG, Lockheed Martin Corporation, Krauss-Maffei Wegmann GmbH & Co. KG, INKAS Armored Vehicle Manufacturing, Elbit Systems Ltd., IVECO S.p.A., Lenco Armored Vehicles Inc., Navistar - Navistar International Corporation, Thales Group, STREIT Group, UralVagonZavod Corporation, Ukroboronprom, NORINCO - China North Industries Group Corporation Limited (NORINCO), Bayerische Motoren Werke AG, Ford Motor Company, Raytheon Technologies Corporation, Mitsubishi Heavy Industries Ltd., Hyundai Motor Company, Nexter Group, Panhard General Defense SAS, Plasan Sasa Ltd., SABIEX International, Hanwha Defense Co.Ltd.
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1. Executive Summary

2. Armored Vehicles Market Characteristics

3. Armored Vehicles Market Trends And Strategies

4. Armored Vehicles Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Armored Vehicles Growth Analysis And Strategic Analysis Framework

5.1. Global Armored Vehicles PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Armored Vehicles Market Growth Rate Analysis

5.4. Global Armored Vehicles Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Armored Vehicles Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Armored Vehicles Total Addressable Market (TAM)

6. Armored Vehicles Market Segmentation

6.1. Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Armored Personnel Carrier

Infantry Fighting Vehicle

Main Battle Tanks

Tactical Truck

Bus

Others

6.2. Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Combat Vehicles

Combat Support Vehicles

Unmanned Armored Ground Vehicles

6.3. Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Engine

Drive System

Ballistic Armor

Fire Control System (FCS)

Armaments

Ammunition Handling System

Countermeasure System

Command And Control System

Others

6.4. Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tracked

Wheeled

4X4

6X6

8X8

Others

6.5. Global Armored Vehicles Market, Sub-Segmentation Of Armored Personnel Carrier, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Wheeled Armored Personnel Carriers

Tracked Armored Personnel Carriers

6.6. Global Armored Vehicles Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Wheeled Infantry Fighting Vehicles

Tracked Infantry Fighting Vehicles

6.7. Global Armored Vehicles Market, Sub-Segmentation Of Main Battle Tanks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Light Battle Tanks

Heavy Battle Tanks

6.8. Global Armored Vehicles Market, Sub-Segmentation Of Tactical Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Armored Cargo Trucks

Armored Utility Trucks

Armored Tactical Vehicles

6.9. Global Armored Vehicles Market, Sub-Segmentation Of Bus, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Armored Passenger Buses

Armored Military Transport Buses

6.10. Global Armored Vehicles Market, Sub-Segmentation Of Others, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Armored Reconnaissance Vehicles

Armored Bridge Layers

Armored Engineering Vehicles

7. Armored Vehicles Market Regional And Country Analysis

7.1. Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Armored Vehicles Market

8.1. Asia-Pacific Armored Vehicles Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Armored Vehicles Market

9.1. China Armored Vehicles Market Overview

9.2. China Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Armored Vehicles Market

10.1. India Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Armored Vehicles Market

11.1. Japan Armored Vehicles Market Overview

11.2. Japan Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Armored Vehicles Market

12.1. Australia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Armored Vehicles Market

13.1. Indonesia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Armored Vehicles Market

14.1. South Korea Armored Vehicles Market Overview

14.2. South Korea Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Armored Vehicles Market

15.1. Western Europe Armored Vehicles Market Overview

15.2. Western Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Armored Vehicles Market

16.1. UK Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Armored Vehicles Market

17.1. Germany Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Armored Vehicles Market

18.1. France Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Armored Vehicles Market

19.1. Italy Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Armored Vehicles Market

20.1. Spain Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Armored Vehicles Market

21.1. Eastern Europe Armored Vehicles Market Overview

21.2. Eastern Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Armored Vehicles Market

22.1. Russia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Armored Vehicles Market

23.1. North America Armored Vehicles Market Overview

23.2. North America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Armored Vehicles Market

24.1. USA Armored Vehicles Market Overview

24.2. USA Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Armored Vehicles Market

25.1. Canada Armored Vehicles Market Overview

25.2. Canada Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Armored Vehicles Market

26.1. South America Armored Vehicles Market Overview

26.2. South America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Armored Vehicles Market

27.1. Brazil Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Armored Vehicles Market

28.1. Middle East Armored Vehicles Market Overview

28.2. Middle East Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Armored Vehicles Market

29.1. Africa Armored Vehicles Market Overview

29.2. Africa Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Armored Vehicles Market Competitive Landscape And Company Profiles

30.1. Armored Vehicles Market Competitive Landscape

30.2. Armored Vehicles Market Company Profiles

30.2.1. BAE Systems Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Oshkosh Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. International Armored Group Overview, Products and Services, Strategy and Financial Analysis

30.2.4. General Dynamics Land Systems Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Textron Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Armored Vehicles Market Other Major And Innovative Companies

31.1. Rheinmetall AG

31.2. Lockheed Martin Corporation

31.3. Krauss-Maffei Wegmann GmbH & Co. KG

31.4. INKAS Armored Vehicle Manufacturing

31.5. Elbit Systems Ltd.

31.6. IVECO S.p.A.

31.7. Lenco Armored Vehicles Inc.

31.8. Navistar - Navistar International Corporation

31.9. Thales Group

31.10. STREIT Group

31.11. UralVagonZavod Corporation

31.12. Ukroboronprom

31.13. NORINCO - China North Industries Group Corporation Limited (NORINCO)

31.14. Bayerische Motoren Werke AG

31.15. Ford Motor Company

32. Global Armored Vehicles Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Armored Vehicles Market

34. Recent Developments In The Armored Vehicles Market

35. Armored Vehicles Market High Potential Countries, Segments and Strategies

35.1 Armored Vehicles Market In 2029 - Countries Offering Most New Opportunities

35.2 Armored Vehicles Market In 2029 - Segments Offering Most New Opportunities

35.3 Armored Vehicles Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Armored Vehicles Market, Sub-Segmentation Of Armored Personnel Carrier, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Armored Vehicles Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Armored Vehicles Market, Sub-Segmentation Of Main Battle Tanks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Armored Vehicles Market, Sub-Segmentation Of Tactical Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Armored Vehicles Market, Sub-Segmentation Of Bus, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Armored Vehicles Market, Sub-Segmentation Of Others, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: Asia-Pacific, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: China, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: India, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Japan, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Australia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Indonesia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: South Korea, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Western Europe, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: UK, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Germany, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: France, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Italy, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Spain, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Eastern Europe, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: Russia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: North America, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: USA, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Canada, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: South America, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Brazil, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Middle East, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: Africa, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 81: BAE Systems Financial Performance

Table 82: Oshkosh Corporation Financial Performance

Table 83: International Armored Group Financial Performance

Table 84: General Dynamics Land Systems Financial Performance

Table 85: Textron Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Armored Vehicles Market, Sub-Segmentation Of Armored Personnel Carrier, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Armored Vehicles Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Armored Vehicles Market, Sub-Segmentation Of Main Battle Tanks, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Armored Vehicles Market, Sub-Segmentation Of Tactical Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Armored Vehicles Market, Sub-Segmentation Of Bus, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Armored Vehicles Market, Sub-Segmentation Of Others, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: Asia-Pacific, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: China, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: India, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Japan, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Australia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Indonesia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: South Korea, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Western Europe, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: UK, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Germany, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: France, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Italy, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Spain, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Eastern Europe, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: Russia, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: North America, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: USA, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Canada, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: South America, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Brazil, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Middle East, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: Africa, Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 81: BAE Systems Financial Performance

Figure 82: Oshkosh Corporation Financial Performance

Figure 83: International Armored Group Financial Performance

Figure 84: General Dynamics Land Systems Financial Performance

Figure 85: Textron Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the Armored Vehicles market?

The armored vehicle is a self-propelled, weaponized military vehicle used for combat operations. The armored vehicles combine operational mobility with offensive and defensive capabilities. For further insights on the Armored Vehicles market, request a sample here

How will the Armored Vehicles market drivers and restraints affect the market dynamics? What forces will shape the Armored Vehicles industry going forward?

The Armored Vehicles market major growth driver - Rising Terrorist Attacks In The Armored Vehicle Market. For further insights on the Armored Vehicles market, request a sample here

What is the forecast market size or the forecast market value of the Armored Vehicles market?

The Armored Vehicles market size has grown strongly in recent years. The armored vehicles market size has grown strongly in recent years. It will grow from $9.94 billion in 2024 to $10.68 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to military conflicts, peacekeeping missions, terrorism and insurgency, border security, law enforcement. The armored vehicles market size is expected to see strong growth in the next few years. It will grow to $13.47 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to urban warfare, asymmetric threats, cybersecurity and data protection, hybrid and electric propulsion, unmanned and autonomous features. Major trends in the forecast period include modular armor and upgrades, crew safety and comfort, lighter weight materials, riot control and crowd management, multi-role armored vehicles. For further insights on the Armored Vehicles market, request a sample here

How is the Armored Vehicles market segmented?

The armored vehicles market covered in this report is segmented –
1) By Vehicle Type: Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others
2) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles
3) By System: Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command And Control System, Others
4) By Mobility: Tracked, Wheeled, 4X4, 6X6, 8X8, Others
Subsegments:
1) By Armored Personnel Carrier: Wheeled Armored Personnel Carriers, Tracked Armored Personnel Carriers
2) By Infantry Fighting Vehicle: Wheeled Infantry Fighting Vehicles, Tracked Infantry Fighting Vehicles
3) By Main Battle Tanks: Light Battle Tanks, Heavy Battle Tanks
4) By Tactical Truck: Armored Cargo Trucks, Armored Utility Trucks, Armored Tactical Vehicles
5) By Bus: Armored Passenger Buses, Armored Military Transport Buses
6) By Others: Armored Reconnaissance Vehicles, Armored Bridge Layers, Armored Engineering Vehicles For further insights on the Armored Vehicles market, request a sample here

Which region has the largest share of the Armored Vehicles market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the armored vehicles market in 2023. Western Europe is expected to be the fastest-growing region in the armored vehicles market during the forecast period. The regions covered in the armored vehicles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the Armored Vehicles market, request a sample here.

Who are the major players in the Armored Vehicles market?

Major companies operating in the armored vehicles market include BAE Systems, Oshkosh Corporation, International Armored Group, General Dynamics Land Systems, Textron Inc., Rheinmetall AG, Lockheed Martin Corporation, Krauss-Maffei Wegmann GmbH & Co. KG, INKAS Armored Vehicle Manufacturing, Elbit Systems Ltd., IVECO S.p.A., Lenco Armored Vehicles Inc., Navistar - Navistar International Corporation, Thales Group, STREIT Group, UralVagonZavod Corporation, Ukroboronprom, NORINCO - China North Industries Group Corporation Limited (NORINCO), Bayerische Motoren Werke AG, Ford Motor Company, Raytheon Technologies Corporation, Mitsubishi Heavy Industries Ltd., Hyundai Motor Company, Nexter Group, Panhard General Defense SAS, Plasan Sasa Ltd., SABIEX International, Hanwha Defense Co.Ltd.. For further insights on the Armored Vehicles market, request a sample here.

What are the key trends in the Armored Vehicles market?

Major trends in the Armored Vehicles market include Advancements In Armored Vehicle Technology Electrification For A Greener Battlefield. For further insights on the Armored Vehicles market, request a sample here.

What are the major opportunities in the Armored Vehicles market? What are the strategies for the Armored Vehicles market?

For detailed insights on the major opportunities and strategies in the Armored Vehicles market, request a sample here.

How does the Armored Vehicles market relate to the overall economy and other similar markets?

For detailed insights on Armored Vehicles's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Armored Vehicles industry?

For detailed insights on the mergers and acquisitions in the Armored Vehicles industry, request a sample here.

What are the key dynamics influencing the Armored Vehicles market growth? SWOT analysis of the Armored Vehicles market.

For detailed insights on the key dynamics influencing the Armored Vehicles market growth and SWOT analysis of the Armored Vehicles industry, request a sample here.