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Global Armored Vehicle Market


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

Report code: SDMRAE1557367 | Industry: Aerospace & Defense | Published On: 44225


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. 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.
Key Players (this may not be a complete list and extra companies can be added upon request):
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.
(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.)

1  Introduction  8
1.1  Industry  Definition  and  Research  Scope  8
1.1.1  Industry  Definition  8
1.1.2  Research  Scope  9
1.2  Research  Methodology  12
1.2.1  Overview  of  Market  Research  Methodology  12
1.2.2  Market  Assumption  13
1.2.3  Secondary  Data  13
1.2.4  Primary  Data  13
1.2.5  Data  Filtration  and  Model  Design  15
1.2.6  Market  Size/Share  Estimation  16
1.2.7  Research  Limitations  17
1.3  Executive  Summary  18
2  Market  Overview  and  Dynamics  21
2.1  Market  Size  and  Forecast  21
2.1.1  Impact  of  COVID-19  on  World  Economy  22
2.1.2  Impact  of  COVID-19  on  the  Market  25
2.2  Major  Growth  Drivers  27
2.3  Market  Restraints  and  Challenges  34
2.4  Emerging  Opportunities  and  Market  Trends  37
2.5  Porter’s  Fiver  Forces  Analysis  41
3  Segmentation  of  Global  Market  by  Armor  45
3.1  Market  Overview  by  Armor  45
3.2  Passive-armor  Vehicles  47
3.3  Active-armor  Vehicles  48
4  Segmentation  of  Global  Market  by  Drive  Type  50
4.1  Market  Overview  by  Drive  Type  50
4.2  Wheeled  Armored  Vehicles  52
4.2.1  4X4  Wheeled  Armored  Vehicles  53
4.2.2  6X6  Wheeled  Armored  Vehicles  54
4.2.3  8X8  Wheeled  Armored  Vehicles  55
4.3  Tracked  Armored  Vehicles  56
5  Segmentation  of  Global  Market  by  Category  57
5.1  Market  Overview  by  Category  57
5.2  Conventional  Armored  Vehicles  59
5.3  Electric  Armored  Vehicles  60
6  Segmentation  of  Global  Market  by  Vehicle  Type  61
6.1  Market  Overview  by  Vehicle  Type  61
6.2  Armored  Personnel  Carrier  (APC)  63
6.3  Infantry  Fighting  Vehicle  (IFV)  64
6.4  Main  Battle  Tank  (MBT)  65
6.5  Light  Multi-role  Vehicle  (LMV)  66
6.6  Mine  Resistant  Ambush  Protected  (MRAP)  67
6.7  Armored  Support  Vehicle  68
6.8  Tactical  Truck  69
6.9  Other  Armored  Vehicles  70
7  Segmentation  of  Global  Market  by  Application  71
7.1  Market  Overview  by  Application  71
7.2  Defense  73
7.3  Commercial  Use  74
8  Segmentation  of  Global  Market  by  Region  75
8.1  Geographic  Market  Overview  2020-2030  75
8.2  North  America  Market  2020-2030  by  Country  80
8.2.1  Overview  of  North  America  Market  80
8.2.2  U.S.  84
8.2.3  Canada  88
8.2.4  Mexico  90
8.3  European  Market  2020-2030  by  Country  92
8.3.1  Overview  of  European  Market  92
8.3.2  Germany  96
8.3.3  UK  98
8.3.4  France  100
8.3.5  Spain  102
8.3.6  Italy  104
8.3.7  Russia  106
8.3.8  Rest  of  European  Market  108
8.4  Asia-Pacific  Market  2020-2030  by  Country  110
8.4.1  Overview  of  Asia-Pacific  Market  110
8.4.2  Japan  114
8.4.3  China  117
8.4.4  Australia  119
8.4.5  India  121
8.4.6  South  Korea  123
8.4.7  Rest  of  APAC  Region  125
8.5  South  America  Market  2020-2030  by  Country  127
8.5.1  Argentina  130
8.5.2  Brazil  132
8.5.3  Columbia  134
8.5.4  Rest  of  South  America  Market  136
8.6  MEA  Market  2020-2030  by  Country  137
8.6.1  Israel  140
8.6.2  Saudi  Arabia  142
8.6.3  South  Africa  144
8.6.4  Other  National  Markets  146
9  Competitive  Landscape  147
9.1  Overview  of  Key  Vendors  147
9.2  New  Product  Launch,  Partnership,  Investment,  and  M&A  150
9.3  Company  Profiles  151
BAE  Systems  151
China  North  Industries  Corporation  (Norinco)  153
General  Dynamics  Corporation  154
INKAS  Armored  Vehicle  Manufacturing  155
International  Armored  Group  156
Krauss-Maffei  Wegmann  (KMW)  157
Lenco  Industries  Inc.  158
Lockheed  Martin  Corporation  159
Oshkosh  Defense  LLC  160
Rheinmetall  AG  161
STREIT  Group  162
Textron  Inc.  163
10  Investing  in  Global  Market:  Risk  Assessment  and  Management  164
10.1  Risk  Evaluation  of  Global  Market  164
10.2  Critical  Success  Factors  (CSFs)  167
Related  Reports  and  Products  170
Table 1. Snapshot of Global Armored Vehicle Market in Balanced Perspective, 2020-2030 19
Table 2. Growth Rate of World Real GDP, 2017-2021 23
Table 3. Main Product Trends and Market Opportunities in Global Armored Vehicle Market 37
Table 4. Global Armored Vehicle Market by Armor, 2020-2030, $ mn 45
Table 5. Global Armored Vehicle Market by Drive Type, 2020-2030, $ mn 50
Table 6. Global Armored Vehicle Market: Wheeled Armored Vehicles by Type, 2020-2030, $ mn 52
Table 7. Global Armored Vehicle Market by Category, 2020-2030, $ mn 57
Table 8. Global Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 61
Table 9. Global Armored Vehicle Market by Application, 2020-2030, $ mn 71
Table 10. Global Armored Vehicle Market by Region, 2020-2030, $ mn 76
Table 11. Leading National Armored Vehicle Market, 2020 and 2030, $ mn 79
Table 12. North America Armored Vehicle Market by Country, 2020-2030, $ mn 82
Table 13. U.S. Armored Vehicle Market by Drive Type, 2020-2030, $ mn 86
Table 14. U.S. Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 86
Table 15. U.S. Armored Vehicle Market by Application, 2020-2030, $ mn 86
Table 16. Canada Armored Vehicle Market by Drive Type, 2020-2030, $ mn 89
Table 17. Canada Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 89
Table 18. Canada Armored Vehicle Market by Application, 2020-2030, $ mn 89
Table 19. Mexico Armored Vehicle Market by Drive Type, 2020-2030, $ mn 91
Table 20. Mexico Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 91
Table 21. Mexico Armored Vehicle Market by Application, 2020-2030, $ mn 91
Table 22. Europe Armored Vehicle Market by Country, 2020-2030, $ mn 95
Table 23. Germany Armored Vehicle Market by Drive Type, 2020-2030, $ mn 97
Table 24. Germany Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 97
Table 25. Germany Armored Vehicle Market by Application, 2020-2030, $ mn 97
Table 26. UK Armored Vehicle Market by Drive Type, 2020-2030, $ mn 99
Table 27. UK Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 99
Table 28. UK Armored Vehicle Market by Application, 2020-2030, $ mn 99
Table 29. France Armored Vehicle Market by Drive Type, 2020-2030, $ mn 101
Table 30. France Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 101
Table 31. France Armored Vehicle Market by Application, 2020-2030, $ mn 101
Table 32. Spain Armored Vehicle Market by Drive Type, 2020-2030, $ mn 103
Table 33. Spain Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 103
Table 34. Spain Armored Vehicle Market by Application, 2020-2030, $ mn 103
Table 35. Italy Armored Vehicle Market by Drive Type, 2020-2030, $ mn 105
Table 36. Italy Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 105
Table 37. Italy Armored Vehicle Market by Application, 2020-2030, $ mn 105
Table 38. Russia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 107
Table 39. Russia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 107
Table 40. Russia Armored Vehicle Market by Application, 2020-2030, $ mn 107
Table 41. Armored Vehicle Market in Rest of Europe by Country, 2020-2030, $ mn 109
Table 42. APAC Armored Vehicle Market by Country, 2020-2030, $ mn 112
Table 43. Japan Armored Vehicle Market by Drive Type, 2020-2030, $ mn 116
Table 44. Japan Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 116
Table 45. Japan Armored Vehicle Market by Application, 2020-2030, $ mn 116
Table 46. China Armored Vehicle Market by Drive Type, 2020-2030, $ mn 118
Table 47. China Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 118
Table 48. China Armored Vehicle Market by Application, 2020-2030, $ mn 118
Table 49. Australia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 120
Table 50. Australia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 120
Table 51. Australia Armored Vehicle Market by Application, 2020-2030, $ mn 120
Table 52. India Armored Vehicle Market by Drive Type, 2020-2030, $ mn 122
Table 53. India Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 122
Table 54. India Armored Vehicle Market by Application, 2020-2030, $ mn 122
Table 55. South Korea Armored Vehicle Market by Drive Type, 2020-2030, $ mn 124
Table 56. South Korea Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 124
Table 57. South Korea Armored Vehicle Market by Application, 2020-2030, $ mn 124
Table 58. Armored Vehicle Market in Rest of APAC by Country, 2020-2030, $ mn 126
Table 59. South America Armored Vehicle Market by Country, 2020-2030, $ mn 129
Table 60. Argentina Armored Vehicle Market by Drive Type, 2020-2030, $ mn 131
Table 61. Argentina Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 131
Table 62. Argentina Armored Vehicle Market by Application, 2020-2030, $ mn 131
Table 63. Brazil Armored Vehicle Market by Drive Type, 2020-2030, $ mn 133
Table 64. Brazil Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 133
Table 65. Brazil Armored Vehicle Market by Application, 2020-2030, $ mn 133
Table 66. Columbia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 135
Table 67. Columbia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 135
Table 68. Columbia Armored Vehicle Market by Application, 2020-2030, $ mn 135
Table 69. MEA Armored Vehicle Market by Country, 2020-2030, $ mn 139
Table 70. Israel Armored Vehicle Market by Drive Type, 2020-2030, $ mn 141
Table 71. Israel Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 141
Table 72. Israel Armored Vehicle Market by Application, 2020-2030, $ mn 141
Table 73. Saudi Arabia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 143
Table 74. Saudi Arabia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 143
Table 75. Saudi Arabia Armored Vehicle Market by Application, 2020-2030, $ mn 143
Table 76. South Africa Armored Vehicle Market by Drive Type, 2020-2030, $ mn 145
Table 77. South Africa Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 145
Table 78. South Africa Armored Vehicle Market by Application, 2020-2030, $ mn 145
Table 79. BAE Systems: Company Snapshot 151
Table 80. BAE Systems: Business Segmentation 151
Table 81. BAE Systems: Product Portfolio 152
Table 82. BAE Systems: Revenue, 2017-2019, $ mn 152
Table 83. Risk Evaluation for Investing in Global Market, 2020-2030 165
Table 84. Critical Success Factors and Key Takeaways 168
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