Armored Vehicle Market Share, Size, Trends, Industry Analysis Report 2021-2027
Global armored vehicle market will reach $24.85 billion by 2030, growing by 3.7% annually over 2020-2030 driven by rising defense spending, the rise in the instances of cross-border conflicts, and increasing incidences of asymmetric warfare.
Highlighted with 84 tables and 83 figures, this 170-page report “Global Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global armored vehicle market and all its sub-segments through extensively detailed classifications.
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Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2020 and provides forecast from 2021 till 2030 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global armored vehicle market in every aspect of the classification from perspectives of Armor, Drive Type, Category, Vehicle Type, Application, and Region.
Based on Armor, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Passive-armor Vehicles
• Active-armor Vehicles
Based on Drive Type, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
Wheeled Armored Vehicles
• 4X4 Wheeled Armored Vehicles
• 6X6 Wheeled Armored Vehicles
• 8X8 Wheeled Armored Vehicles
Tracked Armored Vehicles
Based on Category, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Conventional Armored Vehicles
• Electric Armored Vehicles
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Armored Personnel Carrier (APC)
• Infantry Fighting Vehicle (IFV)
• Main Battle Tank (MBT)
• Light Multi-role Vehicle (LMV)
• Mine Resistant Ambush Protected (MRAP)
• Armored Support Vehicle
• Tactical Truck
• Other Armored Vehicles
Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Defense
• Commercial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Columbia, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Drive Type, Vehicle Type, and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global armored vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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• BAE Systems
• China North Industries Corporation (Norinco)
• General Dynamics Corporation
• INKAS Armored Vehicle Manufacturing
• International Armored Group
• Krauss-Maffei Wegmann (KMW)
• Lenco Industries Inc.
• Lockheed Martin Corporation
• Oshkosh Defense LLC
• Rheinmetall AG
• STREIT Group
• Textron Inc.
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