North America armored vehicle market is expected to grow by 3.2% annually in the forecast period and reach $4,534.4 million by 2030 driven by rising defense spending, anti-terrorism activities, and modernization/replacement initiatives.
Highlighted with 25 tables and 46 figures, this 107-page report “North America Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America armored vehicle market in every aspect of the classification from perspectives of Armor, Drive Type, Category, Vehicle Type, Application, and Country.
Based on Armor, the North America 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 North America 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 North America 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 North America 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 North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Defense
• Commercial Use
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Drive Type, Vehicle Type, and Application over the forecast years is 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 North America 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.)
