Armored Vehicle Market Research Report - Global Forecast till 2027

Global Armored Vehicle Market Research Report: Information by Product (Defense Armored Vehicle and Commercial Armored Vehicle), System (Drive Systems, Engine, Ballistic Armor, Ammunition Handling Systems, Turret Drives, Fire Control Systems (FCS), Countermeasure Systems, Armaments, Command & Control (C2) Systems, Observation & Display Systems, Hulls/Frames, Navigation Systems and Power Systems), End User (Commercial and Defense) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

ID: MRFR/A&D/2347-HCR | February 2021 | Region: Global | 134 pages

Market Overview of Armored Vehicle


Owing to the growing focus to safeguard the soldiers from internal and external threats, the global armored vehicle market is expected to reach USD 32.26 Billion during the forecast year.


The armored vehicle refers to the security vehicles used for the safe and secured transportation of armed forces. Historically, the military armored vehicles were only owned by military personnel, ministers, and law enforcement professionals. However, now the vehicles are also being used by the prominent figures in the corporate world, celebrities, and VIPs. Armored personnel carriers, battle tanks, and armored cars are some of the prominent examples of armored vehicles.


The increase in cross-border conflicts and growing instances of asymmetric warfare worldwide are the main reasons for the accelerating demand for armored vehicles. The continuous rise of security challenges also increases the adoption rate of the armored vehicle by civilians and different government bodies. Technological improvements and developments will further expand the global armored vehicle market. The incorporation of the COTS component in the armored vehicle is the latest trend in the industry. The increase in the adoption of an active protection system that helps in detecting and counteracting the threat projectile before it reaches the target is also a significant infantry fighting vehicle market trends.


The report highlights the growth potential of the global armored vehicle market. It also focuses on market segmentation, competitive analysis, regional analysis, recent developments, and other key dynamics of the industry. The armored vehicle report also constitutes the significant opportunities and challenges affecting the growth of the global armored vehicle market. It provides a comprehensive view of the market dynamics of the armored vehicle.


COVID 19 Analysis


The outbreak of COVID-19 pandemic has a multi-level impact on the different economies of the global armored vehicle market. The manufacturers of automotive components, parts, and assembly lines have been significantly impacted. The production of the armored vehicle has also slowed down owing to the pandemic situation.


The major players in the global armored vehicle market are increasingly adopting various approaches and strategies to resume manufacturing and increase the demand for the vehicles. The joint efforts of the key armored vehicle manufacturers and measures taken by the government will result in significant growth of the market during the forecast years.


Market Dynamics of Armored Vehicle



  • Prominent Market Drivers of Armored Vehicle


The increase in asymmetric warfare is one of the prominent drivers of the global armored vehicle market. The militarization of the law enforcement agencies and rise in cross-border disputes are other significant factors that will drive the demand for the armored vehicle during the forecast year. Moreover, the need of reducing the size and vehicles used in the defense sector and the growing demand for robust, compact, and highly efficient US armored vehicles will further drive the expansion of the global market.


The asymmetric warfare worldwide is increasing owing to political instability, economic, socio-cultural, and religious factors. The increase in asymmetric warfare has resulted in the need for government agencies to adopt Bradley armored vehicles as they provide better protection against blast and ballistic attacks.



  • Major Opportunities for Armored Vehicle


The increase in the rate of adoption of unmanned systems for military operations by the defense forces of different countries is expected to create opportunities for the growth of the global armored vehicle market. The innovations in the transmission medium, navigation, surveillance, adaptability, protection, and increase in situational awareness will further enhance growth opportunities for an armored vehicle.


The demand for unmanned systems is increasing owing to its wide used by military forces of various countries. It is used for combat operations and Intelligence, Surveillance, and Reconnaissance (ISR). The rise in the use of unmanned systems is anticipated to boost the global armored vehicle market.



  • Prominent Market Restraints of Armored Vehicle


The high cost involved with the adoption of the advanced armored vehicle is one of the major factors that is expected to hinder the armored vehicle market growth. The absence of key OEMs of armored vehicle is another significant factor that is likely to limit the growth of the industry.


The fluctuating prices of raw materials, high taxes imposed by different countries, and import expenses are some of the main reasons for the increase in the cost of the armored vehicle. However, the leading players in the global market are combing efforts and adopting strategies to lower the cost and improve the market growth.



  • Major Market Challenges of Armored Vehicle


The lack of standardization in operations of different companies and the various government rules and regulations are significant challenges that are likely to negatively impact the growth of the global armored vehicle market. Further, the limited defense budgets in countries will also hinder the growth of the global armored vehicle market.


The key players in the industry are adopting various measures to overcome the potential challenges and increase the demand for the armored vehicle during the forecast year.



  • Cumulative Growth Analysis of Armored Vehicle


The global armored vehicle market is likely to reach USD 32.26 Billion by the year 2025. The revenues of the market will grow significantly during the forecast year.


The major players in the armored vehicle services industry are increasingly putting efforts into the rapid growth of the global market.


Technology Analysis


The increase in adoption of active protection system (APS) in the armored vehicle is the latest technological development in the industry. The APS makes use of tracking radars, sensors, launchers, and countermeasure munitions to detect and protect the armored vehicle from potential attacks. The introduction of an ultra-lightweight armored vehicle with green technology is another technological development in the industry.


The major players can now rely on green technology to meet the growing demands of light weight armored vehicle.


Segmentation Analysis of Armored Vehicle



  • By System


Based on system, the global armored vehicle market is segmented into ballistic armor, fire control systems (FCS), armaments, turret drivers, ammunition handling systems, engine, drive systems, countermeasure systems, observation & display systems, command & control (C2) systems, navigation systems, power systems, and hulls/ frames.


The segment of armaments occupies the largest share in the global armored vehicle market and is expected to register a high CAGR during the forecast year. The increase in the use of remote weapon station is the major reason for the growth of the armament segment.



  • By Product


Depending on the product, the global armored vehicle market is classified into commercial armored vehicle and defense armored vehicle. The commercial armored vehicle segment is further divided into bus/ van, limousine, SUV, sedan, and other. The defense armored vehicle segment is also further classified into the main battle tank (MBT), infantry fighting vehicles (IFV), mine-resistant ambush-protected (MRAP), armored personnel carriers (APC), tactical trunks, lightly protected vehicles (LPV), and others.


The defense armored vehicle accounts for the highest share in the global market owing to the increase in expenditure in the development of military transport vehicle. The defence armored vehicle segment is also expected to grow rapidly during the forecast years owing to its use in the military operations.



  • By End User


Based on end user, the global armored vehicle market is divided into defense and commercial. The defense segment accounts for the largest share in the global market.


The defense segment is further anticipated to witness significant growth during the forecast year owing to an increase in the need for enhanced security for defense personnel.


Regional Analysis of Armored Vehicle


Based on the geographical region, the global armored vehicle market is segmented into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. North America occupies the largest share in the global armored vehicle market.


The Asia Pacific region is forecasted to grow at a rapid pace during the forecast year owing to increase in defense expenditure in countries like India and China.


Competitive Analysis


The key players of the global armored vehicle market are BAE Systems, PLC (UK), Lockheed Martin Corporation (US), Rheinmetall AG (Germany), International Armored Group (US), Krauss-Maffei Wegmann GmbH & Co. (Germany), Elbit Systems Ltd  (Israel), General Dynamics Corporation (US), INKAS Armored Vehicle Manufacturing (Canada), Mitsubishi Heavy Industries, Ltd (Japan), Oshkosh Corporation (US), and Diehl Defence GmbH & Co. KG (Germany).


BAE Systems, PLC (UK) is a trusted partner of armed forces worldwide. The company designs and manufactures amphibious and specialist wheeled combat vehicles.


Recent Developments



  • In December 2019, Oshkosh Corporation (US) received a contract of USD 803.9 million from the U.S Army for delivering 2,721 joint light tactical vehicles.

  • In April 2019, Krauss-Maffei Wegmann GmbH & Co. (Germany) received a contract of USD 832.0 million from US Federal Government for upgrading 104 Leopard 2 battle tank.

  • The adoption of adaptive camouflage system, reactive armor, and programmable ammunition systems will revolutionize the future of the armored system.

  • The key industry players are entering into mergers and acquisitions to expand market growth.

  • In December 2018, BAE Systems, PLC (UK) received a contract of 376.0 million from the US government to engineer, develop, and manufacture mobile protected firepower vehicles.


Report Overview


The global armored vehicle market report overview is as follows:



  • Market Overview of Armored Vehicle

  • COVID 19 Analysis

  • Market Dynamics of Armored Vehicle

  • Technology Analysis

  • Segmentation Analysis of Armored Vehicle

  • Regional Analysis of Armored Vehicle

  • Competitive Analysis

  • Recent Developments


The report sheds light on the different growth factors that contribute to the expansion of armored vehicle market.


Segment Table


By System



  • Ballistic armor

  • Drive systems

  • Engine

  • Ammunition handling systems

  • Armaments

  • Navigation systems

  • Observation & display systems

  • Countermeasure systems

  • Turret drives

  • Hulls/ Frames

  • Fire Control Systems (FCS)

  • Power Systems

  • Command & Control (C2 ) systems


By Product



  • Commercial

  • Sedan

  • Limousine

  • SUV

  • Bus/ van

  • Defense

  • Mine-resistant ambush-protected (MRAP)

  • Armored personnel carriers (APC)

  • Main battle tanks (MBT)

  • Infantry fighting vehicles (IFV)

  • Lightly protected vehicles (LPV)

  • Tactical trucks


By End User



  • Commercial

  • Defence


By Region



  • North America

  • Asia-Pacific

  • Europe

  • Middle East & Africa

  • Latin America



Frequently Asked Questions (FAQ) :

Agreement between Qinetiq and the U.S. Office of Naval Research for Developing Electric Armored Reconnaissance Vehicles is Further Proof of the Technology being Used in the Future.

General Dynamics Corporation, BAE Systems, Textron Inc, Oshkosh Corporation, Elbit Systems Ltd and Others are the Leading Players Included in Armored Vehicle Market.

Armored Vehicle Regions Market Divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Armored Vehicles Market is Expected to Grow USD 32.26 Billion by End of Year 2025.

It Covers Market Drivers, Opportunities, Trends, Restraints, Porter’s Five Forces, Supply Chain and Value Chain Analysis.

1 Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Armored Vehicle Market, By Product

1.1.2. Global Armored Vehicle Market, By System

1.1.3. Global Armored Vehicle Market, By End User

1.1.4. Global Armored Vehicle Market, By Region

2 Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3 Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

4 Market Insights

5 Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6 Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat Of New Entrants

6.2.2. Bargaining Power Of Buyers

6.2.3. Threat Of Substitutes

6.2.4. Rivalry

6.2.5. Bargaining Power Of Supplies

7 Global Armored Vehicle Market, By Product

7.1. Introduction

7.2. Defense Armored Vehicle

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.3. Armored Personnel Carriers (APC)

7.2.3.1. Market Estimates & Forecast, 2020-2027

7.2.3.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.4. Light Protected Vehicles (LPV)

7.2.4.1. Market Estimates & Forecast, 2020-2027

7.2.4.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.5. Infantry Fighting Vehicles (IFV)

7.2.5.1. Market Estimates & Forecast, 2020-2027

7.2.5.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.6. Mine-Resistant Ambush Protected (MRAP)

7.2.6.1. Market Estimates & Forecast, 2020-2027

7.2.6.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.7. Main Battle Tanks (MBT)

7.2.7.1. Market Estimates & Forecast, 2020-2027

7.2.7.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.8. Tactical Trucks

7.2.8.1. Market Estimates & Forecast, 2020-2027

7.2.8.2. Market Estimates & Forecast, By Region, 2020-2027

7.2.9. Others

7.2.9.1. Market Estimates & Forecast, 2020-2027

7.2.9.2. Market Estimates & Forecast, By Region, 2020-2027

7.3. Commercial Armored Vehicle

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, By Region, 2020-2027

7.3.3. Limousine

7.3.3.1. Market Estimates & Forecast, 2020-2027

7.3.3.2. Market Estimates & Forecast, By Region, 2020-2027

7.3.4. Bus/Van

7.3.4.1. Market Estimates & Forecast, 2020-2027

7.3.4.2. Market Estimates & Forecast, By Region, 2020-2027

7.3.5. Sedan

7.3.5.1. Market Estimates & Forecast, 2020-2027

7.3.5.2. Market Estimates & Forecast, By Region, 2020-2027

7.3.6. SUV

7.3.6.1. Market Estimates & Forecast, 2020-2027

7.3.6.2. Market Estimates & Forecast, By Region, 2020-2027

7.3.7. Others

7.3.7.1. Market Estimates & Forecast, 2020-2027

7.3.7.2. Market Estimates & Forecast, By Region, 2020-2027

8 Global Armored Vehicle Market, By System

8.1. Introduction

8.2. Drive Systems

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, By Region, 2020-2027

8.3. Engine

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, By Region, 2020-2027

8.4. Ballistic Armor

8.4.1. Market Estimates & Forecast, 2020-2027

8.4.2. Market Estimates & Forecast, By Region, 2020-2027

8.5. Ammunition Handling Systems

8.5.1. Market Estimates & Forecast, 2020-2027

8.5.2. Market Estimates & Forecast, By Region, 2020-2027

8.6. Turret Drives

8.6.1. Market Estimates & Forecast, 2020-2027

8.6.2. Market Estimates & Forecast, By Region, 2020-2027

8.7. Fire Control Systems (FCS)

8.7.1. Market Estimates & Forecast, 2020-2027

8.7.2. Market Estimates & Forecast, By Region, 2020-2027

8.8. Countermeasure Systems

8.8.1. Market Estimates & Forecast, 2020-2027

8.8.2. Market Estimates & Forecast, By Region, 2020-2027

8.9. Armaments

8.9.1. Market Estimates & Forecast, 2020-2027

8.9.2. Market Estimates & Forecast, By Region, 2020-2027

8.10. Command & Control (C2) Systems

8.10.1. Market Estimates & Forecast, 2020-2027

8.10.2. Market Estimates & Forecast, By Region, 2020-2027

8.11. Observation & Display Systems

8.11.1. Market Estimates & Forecast, 2020-2027

8.11.2. Market Estimates & Forecast, By Region, 2020-2027

8.12. Hulls/Frames

8.12.1. Market Estimates & Forecast, 2020-2027

8.12.2. Market Estimates & Forecast, By Region, 2020-2027

8.13. Navigation Systems

8.13.1. Market Estimates & Forecast, 2020-2027

8.13.2. Market Estimates & Forecast, By Region, 2020-2027

8.14. Power Systems

8.14.1. Market Estimates & Forecast, 2020-2027

8.14.2. Market Estimates & Forecast, By Region, 2020-2027

9 Global Armored Vehicle Market, By End User

9.1. Introduction

9.2. Commercial

9.2.1. Market Estimates & Forecast, 2020-2027

9.2.2. Market Estimates & Forecast, By Region, 2020-2027

9.3. Defense

9.3.1. Market Estimates & Forecast, 2020-2027

9.3.2. Market Estimates & Forecast, By Region, 2020-2027

10 Global Armored Vehicle Market, By Region

10.1. Introduction

10.2. North America

10.2.1. Market Estimates & Forecast, By Country, 2020-2027

10.2.2. Market Estimates & Forecast, By Product, 2020-2027

10.2.3. Market Estimates & Forecast, By System, 2020-2027

10.2.4. Market Estimates & Forecast, By End User, 2020-2027

10.2.5. US

10.2.5.1. Market Estimates & Forecast, By Product, 2020-2027

10.2.5.2. Market Estimates & Forecast, By System, 2020-2027

10.2.5.3. Market Estimates & Forecast, By End User, 2020-2027

10.2.6. Canada

10.2.6.1. Market Estimates & Forecast, By Product, 2020-2027

10.2.6.2. Market Estimates & Forecast, By System, 2020-2027

10.2.6.3. Market Estimates & Forecast, By End User, 2020-2027

10.3. Europe

10.3.1. Market Estimates & Forecast, By Country, 2020-2027

10.3.2. Market Estimates & Forecast, By Product, 2020-2027

10.3.3. Market Estimates & Forecast, By System, 2020-2027

10.3.4. Market Estimates & Forecast, By End User, 2020-2027

10.3.5. UK

10.3.5.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.5.2. Market Estimates & Forecast, By System, 2020-2027

10.3.5.3. Market Estimates & Forecast, By End User, 2020-2027

10.3.6. Germany

10.3.6.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.6.2. Market Estimates & Forecast, By System, 2020-2027

10.3.6.3. Market Estimates & Forecast, By End User, 2020-2027

10.3.7. France

10.3.7.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.7.2. Market Estimates & Forecast, By System, 2020-2027

10.3.7.3. Market Estimates & Forecast, By End User, 2020-2027

10.3.8. Russia

10.3.8.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.8.2. Market Estimates & Forecast, By System, 2020-2027

10.3.8.3. Market Estimates & Forecast, By End User, 2020-2027

10.3.9. Italy

10.3.9.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.9.2. Market Estimates & Forecast, By System, 2020-2027

10.3.9.3. Market Estimates & Forecast, By End User, 2020-2027

10.3.10. Rest Of Europe

10.3.10.1. Market Estimates & Forecast, By Product, 2020-2027

10.3.10.2. Market Estimates & Forecast, By System, 2020-2027

10.3.10.3. Market Estimates & Forecast, By End User, 2020-2027

10.4. Asia-Pacific

10.4.1. Market Estimates & Forecast, By Country, 2020-2027

10.4.2. Market Estimates & Forecast, By Product, 2020-2027

10.4.3. Market Estimates & Forecast, By System, 2020-2027

10.4.4. Market Estimates & Forecast, By End User, 2020-2027

10.4.5. China

10.4.5.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.5.2. Market Estimates & Forecast, By System, 2020-2027

10.4.5.3. Market Estimates & Forecast, By End User, 2020-2027

10.4.6. Japan

10.4.6.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.6.2. Market Estimates & Forecast, By System, 2020-2027

10.4.6.3. Market Estimates & Forecast, By End User, 2020-2027

10.4.7. India

10.4.7.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.7.2. Market Estimates & Forecast, By System, 2020-2027

10.4.7.3. Market Estimates & Forecast, By End User, 2020-2027

10.4.8. South Korea

10.4.8.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.8.2. Market Estimates & Forecast, By System, 2020-2027

10.4.8.3. Market Estimates & Forecast, By End User, 2020-2027

10.4.9. Australia

10.4.9.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.9.2. Market Estimates & Forecast, By System, 2020-2027

10.4.9.3. Market Estimates & Forecast, By End User, 2020-2027

10.4.10. Rest Of Asia-Pacific

10.4.10.1. Market Estimates & Forecast, By Product, 2020-2027

10.4.10.2. Market Estimates & Forecast, By System, 2020-2027

10.4.10.3. Market Estimates & Forecast, By End User, 2020-2027

10.5. Middle East & Africa

10.5.1. Market Estimates & Forecast, By Country, 2020-2027

10.5.2. Market Estimates & Forecast, By Product, 2020-2027

10.5.3. Market Estimates & Forecast, By System, 2020-2027

10.5.4. Market Estimates & Forecast, By End User, 2020-2027

10.5.5. UAE

10.5.5.1. Market Estimates & Forecast, By Product, 2020-2027

10.5.5.2. Market Estimates & Forecast, By System, 2020-2027

10.5.5.3. Market Estimates & Forecast, By End User, 2020-2027

10.5.6. Israel

10.5.6.1. Market Estimates & Forecast, By Product, 2020-2027

10.5.6.2. Market Estimates & Forecast, By System, 2020-2027

10.5.6.3. Market Estimates & Forecast, By End User, 2020-2027

10.5.7. Saudi Arabia

10.5.7.1. Market Estimates & Forecast, By Product, 2020-2027

10.5.7.2. Market Estimates & Forecast, By System, 2020-2027

10.5.7.3. Market Estimates & Forecast, By End User, 2020-2027

10.5.8. Rest Of The Middle East & Africa

10.5.8.1. Market Estimates & Forecast, By Product, 2020-2027

10.5.8.2. Market Estimates & Forecast, By System, 2020-2027

10.5.8.3. Market Estimates & Forecast, By End User, 2020-2027

10.6. Latin America

10.6.1. Market Estimates & Forecast, By Country, 2020-2027

10.6.2. Market Estimates & Forecast, By Product, 2020-2027

10.6.3. Market Estimates & Forecast, By System, 2020-2027

10.6.4. Market Estimates & Forecast, By End User, 2020-2027

10.6.5. Brazil

10.6.5.1. Market Estimates & Forecast, By Product, 2020-2027

10.6.5.2. Market Estimates & Forecast, By System, 2020-2027

10.6.5.3. Market Estimates & Forecast, By End User, 2020-2027

10.6.6. Mexico

10.6.6.1. Market Estimates & Forecast, By Product, 2020-2027

10.6.6.2. Market Estimates & Forecast, By System, 2020-2027

10.6.6.3. Market Estimates & Forecast, By End User, 2020-2027

10.6.7. Rest Of Latin America

10.6.7.1. Market Estimates & Forecast, By Product, 2020-2027

10.6.7.2. Market Estimates & Forecast, By System, 2020-2027

10.6.7.3. Market Estimates & Forecast, By End User, 2020-2027

11 Competitive Landscape

11.1. Competitive Overview

11.2. Competitor Dashboard

11.3. Major Growth Strategies In The Global Armored Vehicle Market

11.4. Competitive Benchmarking

11.5. Market Share Analysis

11.6. Airbus SAS: The Leading Player In Terms Of Number Of Developments In The Global Armored Vehicle Market

11.7. Key Developments & Growth Strategies

11.7.1. Product Launches/Service Deployments

11.7.2. Mergers & Acquisitions

11.7.3. Joint Ventures

12 Company Profiles

12.1. BAE Systems, PLC

12.1.1. Company Overview

12.1.2. Products/Services Offered

12.1.3. Financial Overview

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. Diehl Defence GmbH & Co. KG

12.2.1. Company Overview

12.2.2. Products/Services Offered

12.2.3. Financial Overview

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. Elbit Systems Ltd

12.3.1. Company Overview

12.3.2. Products/Services Offered

12.3.3. Financial Overview

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. General Dynamics Corporation

12.4.1. Company Overview

12.4.2. Products/Services Offered

12.4.3. Financial Overview

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. INKAS Armored Vehicle Manufacturing

12.5.1. Company Overview

12.5.2. Products/Services Offered

12.5.3. Financial Overview

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. International Armored Group

12.6.1. Company Overview

12.6.2. Products/Services Offered

12.6.3. Financial Overview

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. IVECO

12.7.1. Company Overview

12.7.2. Products/Services Offered

12.7.3. Financial Overview

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Krauss-Maffei Wegmann GmbH & Co.

12.8.1. Company Overview

12.8.2. Products/Services Offered

12.8.3. Financial Overview

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. Lenco Industries, Inc.

12.9.1. Company Overview

12.9.2. Products/Services Offered

12.9.3. Financial Overview

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Lockheed Martin Corporation

12.10.1. Company Overview

12.10.2. Products/Services Offered

12.10.3. Financial Overview

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. Mitsubishi Heavy Industries, Ltd

12.11.1. Company Overview

12.11.2. Products/Services Offered

12.11.3. Financial Overview

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. Navistar, Inc.

12.12.1. Company Overview

12.12.2. Products/Services Offered

12.12.3. Financial Overview

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. Oshkosh Corporation

12.13.1. Company Overview

12.13.2. Products/Services Offered

12.13.3. Financial Overview

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

12.14. Rheinmetall AG

12.14.1. Company Overview

12.14.2. Products/Services Offered

12.14.3. Financial Overview

12.14.4. Key Developments

12.14.5. SWOT Analysis

12.14.6. Key Strategies

12.15. Textron Inc.

12.15.1. Company Overview

12.15.2. Products/Services Offered

12.15.3. Financial Overview

12.15.4. Key Developments

12.15.5. SWOT Analysis

12.15.6. Key Strategies

12.16. Thales Group

12.16.1. Company Overview

12.16.2. Products/Services Offered

12.16.3. Financial Overview

12.16.4. Key Developments

12.16.5. SWOT Analysis

12.16.6. Key Strategies

12.17. The Kalyani Group

12.17.1. Company Overview

12.17.2. Products/Services Offered

12.17.3. Financial Overview

12.17.4. Key Developments

12.17.5. SWOT Analysis

12.17.6. Key Strategies

12.18. The Hyundai Motor Group

12.18.1. Company Overview

12.18.2. Products/Services Offered

12.18.3. Financial Overview

12.18.4. Key Developments

12.18.5. SWOT Analysis

12.18.6. Key Strategies

13. Appendix

13.1. References

13.2. Related Reports

13.3. List Of Abbreviations

14. Industry Insights

13 List Of Tables

Table 1 Global Armored Vehicle Market, By Region, 2020-2027

Table 2 North America: Armored Vehicle Market, By Country, 2020-2027

Table 3 Europe: Armored Vehicle Market, By Country, 2020-2027

Table 4 Asia-Pacific: Armored Vehicle Market, By Country, 2020-2027

Table 5 Middle East & Africa: Armored Vehicle Market, By Country, 2020-2027

Table 6 Latin America: Armored Vehicle Market, By Country, 2020-2027

Table 7 Global Armored Vehicle Market Size, By Region, 2020-2027

Table 8 North America: Armored Vehicle Market Size, By Country, 2020-2027

Table 9 Europe: Armored Vehicle Market Size, By Country, 2020-2027

Table 10 Asia-Pacific: Armored Vehicle Market Size, By Country, 2020-2027

Table 11 Middle East & Africa: Armored Vehicle Market Size, By Country, 2020-2027

Table 12 Latin America: Armored Vehicle Market Size, By Country, 2020-2027

Table 13 Global Armored Vehicle Product Market, By Region, 2020-2027

Table 14 North America: Armored Vehicle Product Market, By Country, 2020-2027

Table 15 Europe: Armored Vehicle Product Market, By Country, 2020-2027

Table 16 Asia-Pacific: Armored Vehicle Product Market, By Country, 2020-2027

Table 17 Middle East & Africa: Armored Vehicle Product Market, By Country, 2020-2027

Table 18 Latin America: Armored Vehicle Product Market, By Country, 2020-2027

Table 19 Global Armored Vehicle System Market, By Region, 2020-2027

Table 20 North America: Armored Vehicle System Market, By Country, 2020-2027

Table 21 Europe: Armored Vehicle System Market, By Country, 2020-2027

Table 22 Asia-Pacific: Armored Vehicle System Market, By Country, 2020-2027

Table 23 Middle East & Africa: Armored Vehicle System Market, By Country, 2020-2027

Table 24 Latin America: Armored Vehicle System Market, By Country, 2020-2027

Table 25 Global Armored Vehicle End User Market, By Region, 2020-2027

Table 26 North America: Armored Vehicle End User Market, By Country, 2020-2027

Table 27 Europe: Armored Vehicle End User Market, By Country, 2020-2027

Table 28 Asia-Pacific: Armored Vehicle End User Market, By Country, 2020-2027

Table 29 Middle East & Africa: Armored Vehicle End User Market, By Country, 2020-2027

Table 30 Latin America: Armored Vehicle End User Market, By Country, 2020-2027

Table 31 Global Armored Vehicle Market, By Region, 2020-2027

Table 32 Global Armored Vehicle Market, By Product, 2020-2027

Table 33 Global Armored Vehicle Market, By System, 2020-2027

Table 34 Global Armored Vehicle Market, By End User, 2020-2027

Table 35 North America: Armored Vehicle Market, By Country, 2020-2027

Table 36 North America: Armored Vehicle Market, By Product, 2020-2027

Table 37 North America: Armored Vehicle Market, By System, 2020-2027

Table 38 North America: Armored Vehicle Market, By End User, 2020-2027

Table 39 Europe: Armored Vehicle Market, By Country, 2020-2027

Table 40 Europe: Armored Vehicle Market, By Product, 2020-2027

Table 41 Europe: Armored Vehicle Market, By System, 2020-2027

Table 42 Europe: Armored Vehicle Market, By End User, 2020-2027

Table 43 Asia-Pacific: Armored Vehicle Market, By Country, 2020-2027

Table 44 Asia-Pacific: Armored Vehicle Market, By Product, 2020-2027

Table 45 Asia-Pacific: Armored Vehicle Market, By System, 2020-2027

Table 46 Asia-Pacific: Armored Vehicle Market, By End User, 2020-2027

Table 47 Middle East & Africa: Armored Vehicle Market, By Country, 2020-2027

Table 48 Middle East & Africa: Armored Vehicle Market, By Product, 2020-2027

Table 49 Middle East & Africa: Armored Vehicle Market, By System, 2020-2027

Table 50 Middle East & Africa: Armored Vehicle Market, By End User, 2020-2027

Table 51 Latin America: Armored Vehicle Market, By Country, 2020-2027

Table 52 Latin America: Armored Vehicle Market, By Product, 2020-2027

Table 53 Latin America: Armored Vehicle Market, By System, 2020-2027

Table 54 Latin America: Armored Vehicle Market, By End User, 2020-2027

14 List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down & Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Armored Vehicle Market Share, By Product, 2020 (%)

FIGURE 9 Global Armored Vehicle Market, By Product, 2020-2027 (USD Million)

FIGURE 10 Global Armored Vehicle Market Share, By System, 2020 (%)

FIGURE 11 Global Armored Vehicle Market, By System, 2020-2027 (USD Million)

FIGURE 12 Global Armored Vehicle Market Share, By End User, 2020 (%)

FIGURE 13 Global Armored Vehicle Market, By End User, 2020-2027 (USD Million)

FIGURE 14 Global Armored Vehicle Market Share (%), By Region, 2020

FIGURE 15 Global Armored Vehicle Market, By Region, 2020-2027 (USD Million)

FIGURE 16 North America: Armored Vehicle Market Share (%), 2020

FIGURE 17 North America: Armored Vehicle Market, By Country, 2020-2027 (USD Million)

FIGURE 18 Europe: Armored Vehicle Market Share (%), 2020

FIGURE 19 Europe: Armored Vehicle Market, By Country, 2020-2027 (USD Million)

FIGURE 20 Asia-Pacific: Armored Vehicle Market Share (%), 2020

FIGURE 21 Asia-Pacific: Armored Vehicle Market, By Country, 2020-2027 (USD Million)

FIGURE 22 Middle East & Africa: Armored Vehicle Market Share (%), 2020

FIGURE 23 Middle East & Africa: Armored Vehicle Market, By Country, 2020-2027 (USD Million)

FIGURE 24 Latin America: Armored Vehicle Market Share (%), 2020

FIGURE 25 Latin America: Armored Vehicle Market, By Country, 2020-2027 (USD Million)