TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 14
1.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY DRIVE TYPE 16
1.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY VEHICLE TYPE 17
1.3 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY REGION 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 MARKET STRUCTURE 20
2.4 KEY BUYING CRITERIA 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 TOP DOWN & BOTTOM-UP APPROACH 24
3.6 FORECAST MODEL 25
3.7 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 INCREASING DEMAND FOR PERSONAL SAFETY CONCERNS 28
4.2.2 RISING POLITICAL INSTABILITY 28
4.2.3 RISING HIGH-PROFILE TERRORIST ATTACKS 28
4.2.4 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINTS 29
4.3.1 HIGH COST ASSOCIATED WITH ARMORED VEHICLES 29
4.3.2 LIMITED AVAILABILITY, PRACTICALITY AND CONVENIENCE 30
4.3.3 RESTRAINTS IMPACT ANALYSIS 30
4.4 OPPORTUNITIES 31
4.4.1 RISE IN THE NUMBER OF HIGH NET WORTH INDIVIDUALS (HNWIS) 31
4.4.2 GROWING CORPORATE AND BUSINESS TRAVEL 31
4.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY 31
4.6 IMPACT OF COVID-19 ON THE GLOBAL ARMORED CIVILIAN VEHICLES MARKET 32
4.7 SUPPLY CHAIN IMPACT 32
4.7.1 IMPACT ON DISTRIBUTION/LOGISTICS 32
5 MARKET FACTOR ANALYSIS 33
5.1 SUPPLY/VALUE CHAIN ANALYSIS 33
5.1.1 RAW MATERIAL SUPPLIERS 34
5.1.2 MANUFACTURERS 34
5.1.3 DISTRIBUTORS 34
5.1.4 END-USERS 34
5.2 PORTER’S FIVE FORCES MODEL 35
5.2.1 THREAT OF NEW ENTRANTS 35
5.2.2 BARGAINING POWER OF SUPPLIERS 36
5.2.3 BARGAINING POWER OF BUYERS 36
5.2.4 THREAT OF SUBSTITUTES 36
5.2.5 INTENSITY OF RIVALRY 36
5.3 SALES OF A8 L SECURITY & MB S 680 GUARD + MAYBACH GUARD 36
6 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY DRIVE TYPE 38
6.1 OVERVIEW 38
6.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY DRIVE TYPE,
2018-2032 39
6.2.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY DRIVE TYPE,
2018-2032 39
7 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY VEHICLE TYPE 40
7.1 OVERVIEW 40
7.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2032 41
7.2.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2032 41
7.3 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2032 42
7.3.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2032 42
8 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY REGION 43
8.1 OVERVIEW 43
8.2 NORTH AMERICA 45
8.2.1 U.S. 48
8.2.2 CANADA 49
8.2.3 MEXICO 50
8.3 EUROPE 52
8.3.1 GERMANY 55
8.3.2 FRANCE 56
8.3.3 UK 57
8.3.4 SPAIN 59
8.3.5 REST OF EUROPE 60
8.4 ASIA PACIFIC 62
8.4.1 CHINA 64
8.4.2 JAPAN 66
8.4.3 INDIA 67
8.4.4 REST OF ASIA PACIFIC 69
8.5 MIDDLE EAST & AFRICA 70
8.5.1 SAUDI ARABIA 73
8.5.2 UAE 74
8.5.3 SOUTH AFRICA 76
8.5.4 REST OF MIDDLE EAST & AFRICA 77
8.6 SOUTH AMERICA 79
8.6.1 ARGENTINA 81
8.6.2 BRAZIL 83
8.6.3 REST OF SOUTH AMERICA 84
9 COMPETITIVE LANDSCAPE 86
9.1 COMPETITIVE OVERVIEW 86
9.2 COMPETITIVE BENCHMARKING 86
9.3 MAJOR PLAYERS IN THE GLOBAL ARMORED CIVILIAN VEHICLES MARKET 87
9.4 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GLOBAL ARMORED
CIVILIAN VEHICLES MARKET 87
9.5 KEY DEVELOPMENTS & GROWTH STRATEGIES 88
9.5.1 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL 88
9.5.2 EXPANSION/PARTNERSHIP 88
10 COMPANY PROFILES 89
10.1 BAE SYSTEMS PLC 89
10.1.1 COMPANY OVERVIEW 89
10.1.2 FINANCIAL OVERVIEW 90
10.1.3 PRODUCTS/SERVICES OFFERED 91
10.1.4 KEY DEVELOPMENTS 91
10.1.5 SWOT ANALYSIS 91
10.1.6 KEY STRATEGIES 92
10.2 GENERAL DYNAMICS CORPORATION 93
10.2.1 COMPANY OVERVIEW 93
10.2.2 FINANCIAL OVERVIEW 93
10.2.3 PRODUCTS/SERVICES OFFERED 94
10.2.4 KEY DEVELOPMENTS 94
10.2.5 SWOT ANALYSIS 94
10.2.6 KEY STRATEGIES 95
10.3 INKAS ARMORED VEHICLE MANUFACTURING 96
10.3.1 COMPANY OVERVIEW 96
10.3.2 FINANCIAL OVERVIEW 96
10.3.3 PRODUCTS/SERVICES OFFERED 96
10.3.4 KEY DEVELOPMENTS 96
10.3.5 SWOT ANALYSIS 97
10.3.6 KEY STRATEGIES 97
10.4 INTERNATIONAL ARMORED GROUP 98
10.4.1 COMPANY OVERVIEW 98
10.4.2 FINANCIAL OVERVIEW 98
10.4.3 PRODUCTS/SERVICES OFFERED 98
10.4.4 KEY DEVELOPMENTS 98
10.4.5 SWOT ANALYSIS 99
10.4.6 KEY STRATEGIES 99
10.5 KRAUSS-MAFFEI WEGMANN GMBH & CO. KG 100
10.5.1 COMPANY OVERVIEW 100
10.5.2 FINANCIAL OVERVIEW 100
10.5.3 PRODUCTS OFFERED 100
10.5.4 KEY DEVELOPMENTS 100
10.5.5 SWOT ANALYSIS 101
10.5.6 KEY STRATEGIES 101
10.6 LENCO ARMORED VEHICLES, INC 102
10.6.1 COMPANY OVERVIEW 102
10.6.2 FINANCIAL OVERVIEW 102
10.6.3 PRODUCTS/SERVICES OFFERED 102
10.6.4 KEY DEVELOPMENTS 102
10.6.5 SWOT ANALYSIS 103
10.6.6 KEY STRATEGIES 103
10.7 LOCKHEED MARTIN CORPORATION 104
10.7.1 COMPANY OVERVIEW 104
10.7.2 FINANCIAL OVERVIEW 104
10.7.3 PRODUCTS/SERVICES OFFERED 105
10.7.4 KEY DEVELOPMENTS 105
10.7.5 SWOT ANALYSIS 105
10.7.6 KEY STRATEGIES 106
10.8 OSHKOSH CORPORATION 107
10.8.1 COMPANY OVERVIEW 107
10.8.2 FINANCIAL OVERVIEW 107
10.8.3 PRODUCTS OFFERED 108
10.8.4 KEY DEVELOPMENTS 108
10.8.5 SWOT ANALYSIS 109
10.8.6 KEY STRATEGIES 109
10.9 MAHINDRA EMIRATES VEHICLE ARMOURING FZ-LLC 110
10.9.1 COMPANY OVERVIEW 110
10.9.2 FINANCIAL OVERVIEW 110
10.9.3 PRODUCTS/SERVICES OFFERED 111
10.9.4 KEY DEVELOPMENTS 111
10.9.5 SWOT ANALYSIS 112
10.9.6 KEY STRATEGIES 112
10.10 MDT ARMOR 113
10.10.1 COMPANY OVERVIEW 113
10.10.2 FINANCIAL OVERVIEW 113
10.10.3 PRODUCTS OFFERED 113
10.10.4 KEY DEVELOPMENTS 113
10.10.5 SWOT ANALYSIS 114
10.10.6 KEY STRATEGIES 114
11 APPENDIX 115
11.1 REFERENCES 115
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 26
TABLE 2 GLOBAL ARMORED CIVILIAN VEHICLES SOLD 2022 (UNITS): A8 L SECURITY 36
TABLE 3 GLOBAL ARMORED CIVILIAN VEHICLES SOLD 2022 (UNITS): MB S 680 GUARD + MAYBACH GUARD 37
TABLE 4 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 39
TABLE 5 GLOBAL ARMORED CIVILIAN VEHICLES MARKET VOLUME ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (UNITS) 39
TABLE 6 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032
(USD MILLION) 41
TABLE 7 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 42
TABLE 8 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, BY REGION, 2018-2032 (USD MILLION) 44
TABLE 9 GLOBAL ARMORED CIVILIAN VEHICLES MARKET VOLUME, BY REGION, 2018-2032 (UNITS) 45
TABLE 10 NORTH AMERICA: ARMORED CIVILIAN VEHICLES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 46
TABLE 11 NORTH AMERICA: ARMORED CIVILIAN VEHICLES MARKET VOLUME, BY COUNTRY, 2018-2032 (UNITS) 46
TABLE 12 NORTH AMERICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032
(USD MILLION) 46
TABLE 13 NORTH AMERICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 ( UNITS) 46
TABLE 14 NORTH AMERICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032
(USD MILLION) 47
TABLE 15 NORTH AMERICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 47
TABLE 16 US ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 48
TABLE 17 US ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 48
TABLE 18 US ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 48
TABLE 19 US ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 49
TABLE 20 CANADA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 49
TABLE 21 CANADA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 49
TABLE 22 CANADA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 50
TABLE 23 CANADA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 50
TABLE 24 MEXICO ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 50
TABLE 25 MEXICO ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 51
TABLE 26 MEXICO ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 51
TABLE 27 MEXICO ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 51
TABLE 28 EUROPE: ARMORED CIVILIAN VEHICLES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 52
TABLE 29 EUROPE: ARMORED CIVILIAN VEHICLES MARKET VOLUME, BY COUNTRY, 2018-2032 (UNITS) 53
TABLE 30 EUROPE ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 53
TABLE 31 EUROPE ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 ( UNITS) 53
TABLE 32 EUROPE ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 54
TABLE 33 EUROPE ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 54
TABLE 34 GERMANY ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 55
TABLE 35 GERMANY ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 55
TABLE 36 GERMANY ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 55
TABLE 37 GERMANY ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 56
TABLE 38 FRANCE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 56
TABLE 39 FRANCE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 56
TABLE 40 FRANCE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 57
TABLE 41 FRANCE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 57
TABLE 42 UK ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 57
TABLE 43 UK ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 58
TABLE 44 UK ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 58
TABLE 45 UK ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 58
TABLE 46 SPAIN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 59
TABLE 47 SPAIN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 59
TABLE 48 SPAIN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 59
TABLE 49 SPAIN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 60
TABLE 50 REST OF EUROPE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 60
TABLE 51 REST OF EUROPE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 60
TABLE 52 REST OF EUROPE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 61
TABLE 53 REST OF EUROPE ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 61
TABLE 54 ASIA PACIFIC: ARMORED CIVILIAN VEHICLES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 63
TABLE 55 ASIA PACIFIC: ARMORED CIVILIAN VEHICLES MARKET VOLUME, BY COUNTRY, 2018-2032 (UNITS) 63
TABLE 56 ASIA PACIFIC ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 63
TABLE 57 ASIA PACIFIC ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 ( UNITS) 63
TABLE 58 ASIA PACIFIC ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032
(USD MILLION) 64
TABLE 59 ASIA PACIFIC ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 64
TABLE 60 CHINA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 64
TABLE 61 CHINA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 65
TABLE 62 CHINA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 65
TABLE 63 CHINA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 65
TABLE 64 JAPAN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 66
TABLE 65 JAPAN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 66
TABLE 66 JAPAN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 66
TABLE 67 JAPAN ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 67
TABLE 68 INDIA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 67
TABLE 69 INDIA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 67
TABLE 70 INDIA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 68
TABLE 71 INDIA ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 68
TABLE 72 REST OF ASIA PACIFIC ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032 (USD MILLION) 69
TABLE 73 REST OF ASIA PACIFIC ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032 (UNITS) 69
TABLE 74 REST OF ASIA PACIFIC ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (USD MILLION) 69
TABLE 75 REST OF ASIA PACIFIC ARMORED CIVILIAN MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032 (UNITS) 70
TABLE 76 MIDDLE EAST & AFRICA: ARMORED CIVILIAN VEHICLES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 71
TABLE 77 MIDDLE EAST & AFRICA: ARMORED CIVILIAN VEHICLES MARKET VOLUME, BY COUNTRY, 2018-2032 (UNITS) 71
TABLE 78 MIDDLE EAST & AFRICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE, 2018-2032
(USD MILLION) 72
TABLE 79 MIDDLE EAST & AFRICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY DRIVE TYPE , 2018-2032
(UNITS) 72
TABLE 80 MIDDLE EAST & AFRICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032
(USD MILLION) 72
TABLE 81 MIDDLE EAST & AFRICA ARMORED CIVILIAN VEHICLES MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2032