The Armored Vehicle Market is expected to be around US$ 33 Billion by 2028 at a CAGR of 6% in the given forecast period.
The demand within the global market for armored vehicle has been surging due to the advancements in the defense sector of various regions. The presence of number major entities within a country’s defense sector requires the presence of enhanced weaponry and equipment. Various new and improved armored vehicles have been developed across key defense bases across the globe. Armored vehicles play a vital role in reinforcing the integrity of the military industries. As, it is safe to state that armored vehicles are an important part of national defense industries. National expansion and development of a region is incorporated in the betterment of its defense sector. Henceforth, the governments have highly invested in developing defense technologies across their territories. There is huge demand for armored vehicles across number regions, and this factor has in turn favored the growth of the global market.
The global Armored Vehicle market is segregated on the basis of Application as Defense and Commercial. Based on Drive Type the global Armored Vehicle market is segmented in Wheel and Track. Based on Vehicle Type the global Armored Vehicle market is segmented in Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Limousine, Sedan and Other.
The global Armored Vehicle market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Armored Vehicle market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Allison, AM General LLC, Aselsan, BAE Systems, Denel SOC Ltd, Elbit, General Dynamics Corp., Hyundai Rotem, Lockheed Martin Corp., Navistar International Corporation, and others are among the major players in the global Armored Vehicle market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Armored Vehicle Market has been segmented as below:
Armored Vehicle Market, By Application
Armored Vehicle Market, By Drive Type
Armored Vehicle Market, By Vehicle Type
Armored Vehicle Market, By Region
Armored Vehicle Market, By Company
The report covers:
Report Scope:
The global Armored Vehicle market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Armored Vehicle market share. Major industry players with significant revenue share include Allison, AM General LLC, Aselsan, BAE Systems, Denel SOC Ltd, Elbit, General Dynamics Corp., Hyundai Rotem, Lockheed Martin Corp., Navistar International Corporation, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Armored Vehicle Market, By Application
5.1. Introduction
5.2. Defense
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Commercial
5.3.1. Market Overview
5.3.2. Market Size and Forecast
6. Armored Vehicle Market, By Drive Type
6.1. Introduction
6.2. Wheel
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Track
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Armored Vehicle Market, By Vehicle Type
7.1. Introduction
7.2. Armored Personnel Carrier
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Infantry Fighting Vehicle
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Main Battle Tanks
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Tactical Truck
7.5.1. Market Overview
7.5.2. Market Size and Forecast
7.6. Bus
7.6.1. Market Overview
7.6.2. Market Size and Forecast
7.7. Limousine
7.7.1. Market Overview
7.7.2. Market Size and Forecast
7.8. Sedan
7.8.1. Market Overview
7.8.2. Market Size and Forecast
7.9. Other
7.9.1. Market Overview
7.9.2. Market Size and Forecast
8. Armored Vehicle Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Armored Vehicle, By Application
8.2.2. North America Armored Vehicle, By Drive Type
8.2.3. North America Armored Vehicle, By Vehicle Type
8.3. Europe
8.3.1. Europe Armored Vehicle, By Application
8.3.2. Europe Armored Vehicle, By Drive Type
8.3.3. Europe Armored Vehicle, By Vehicle Type
8.4. Asia-Pacific
8.4.1. Asia-Pacific Armored Vehicle, By Application
8.4.2. Asia-Pacific Armored Vehicle, By Drive Type
8.4.3. Asia-Pacific Armored Vehicle, By Vehicle Type
8.5. Rest of the World
8.5.1. Rest of the World Armored Vehicle, By Application
8.5.2. Rest of the World Armored Vehicle, By Drive Type
8.5.3. Rest of the World Armored Vehicle, By Vehicle Type
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Allison
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. AM General LLC
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. Aselsan
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. BAE Systems
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Denel SOC Ltd
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Elbit
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. General Dynamics Corp.
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Hyundai Rotem
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Lockheed Martin Corp.
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Navistar International Corporation
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. Norinco (China North Industries Group Corporation Limited)
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Northrop Grumman Corp.
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. Oshkosh Corporation
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. Raytheon Co.
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. Rheinmetall Group
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Armored Vehicle Market has been segmented as below:
Armored Vehicle Market, By Application
Armored Vehicle Market, By Drive Type
Armored Vehicle Market, By Vehicle Type
Armored Vehicle Market, By Region
Armored Vehicle Market, By Company
