Armored Vehicles Market Size, Share, Analysis Report

Armored Vehicles Market Size by Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By Mobility (Wheeled, Tracked), By System (By Engines, By Drive Systems, Ballistic Armor, Turret Drives, Ammunition Handling Systems, Fire Control Systems, Armaments, Countermeasure Systems, Command & Control (C2) Systems, Power Systems), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Armored Vehicles Market is expected to be around US$ 19.10 Billion by 2028 at a CAGR of 3.65% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Oshkosh Corporation
  • Otokar Otomotive Ve Savunma Sanayi
  • Textron Inc
  • Denel Soc Ltd
  • Krauss-Maffei Wegmann
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    3

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Armored Vehicles Market is expected to be around US$ 19.10 Billion by 2028 at a CAGR of 3.65% in the given forecast period.

    Armored vehicles area unit protected by terribly robust armor and customarily armed with strong weapons that mix defensive, plan of action offensive and operation quality capabilities which may be half-track simply. A number of the foremost better-known varieties of armor vehicles embrace tanks, flame tank, foot tank, armored automotive, aerosani, scout car, mortar carrier, multiple launcher, impermanent fighting vehicle, armored military vehicle, foot fighting vehicle, tankette, defense vehicles, self-propelled artillery, automotive vehicle, armored engineering vehicle, armoured vehicle and armored train.

    The global Armored Vehicles market is segregated on the basis of Platform as Combat Vehicles, Combat Support Vehicles, and Unmanned Armored Ground Vehicles. Based on Mobility the global Armored Vehicles market is segmented in Wheeled and Tracked. Based on System the global Armored Vehicles market is segmented in By Engines, By Drive Systems, Ballistic Armor, Turret Drives, Ammunition Handling Systems, Fire Control Systems, Armaments, Countermeasure Systems, Command & Control (C2) Systems, and Power Systems.

    The global Armored Vehicles market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Armored Vehicles market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Oshkosh Corporation, Textron Inc., Otokar Otomotive Ve Savunma Sanayi, Denel Soc Ltd., Krauss-Maffei Wegmann, Hanwha Corporation, Fnss, General Dynamics Corporation, Bae Systems PLC, Rheinmetall AG, and others are among the major players in the global Armored Vehicles market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Armored Vehicles Market has been segmented as below:

    Armored Vehicles Market, By Platform

    • Combat Vehicles
    • Combat Support Vehicles
    • Unmanned Armored Ground Vehicles

    Armored Vehicles Market, By Mobility

    • Wheeled
    • Tracked

    Armored Vehicles Market, By System

    • By Engines
    • By Drive Systems
    • Ballistic Armor
    • Turret Drives
    • Ammunition Handling Systems
    • Fire Control Systems
    • Armaments
    • Countermeasure Systems
    • Command & Control (C2) Systems
    • Power Systems

    Armored Vehicles Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Armored Vehicles Market, By Company

    • Oshkosh Corporation
    • Textron Inc.
    • Otokar Otomotive Ve Savunma Sanayi
    • Denel Soc Ltd.
    • Krauss-Maffei Wegmann
    • Hanwha Corporation
    • Fnss
    • General Dynamics Corporation
    • Bae Systems PLC
    • Rheinmetall AG

    The report covers:

    • Global Armored Vehicles market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028 with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Armored Vehicles market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Armored Vehicles market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Armored Vehicles market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Armored Vehicles market share. Major industry players with significant revenue share include Oshkosh Corporation, Textron Inc., Otokar Otomotive Ve Savunma Sanayi, Denel Soc Ltd., Krauss-Maffei Wegmann, Hanwha Corporation, Fnss, General Dynamics Corporation, Bae Systems PLC, Rheinmetall AG, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Armored Vehicles industry trends
    • Find complete analysis on the market status
    • Identify the Armored Vehicles market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Armored Vehicles Market, By Platform
        5.1 Introduction
        5.2 Combat Vehicles
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Combat Support Vehicles
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Unmanned Armored Ground Vehicles
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast

    6. Armored Vehicles Market, By Mobility
        6.1 Introduction
        6.2 Wheeled
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Tracked
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast

    7. Armored Vehicles Market, By System
        7.1 Introduction
        7.2 By Engines
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 By Drive Systems
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Ballistic Armor
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Turret Drives                                        
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
        7.6 Ammunition Handling Systems                                       
            7.6.1 Market Overview
            7.6.2 Market Size and Forecast
        7.7 Fire Control Systems                                         
            7.7.1 Market Overview
            7.7.2 Market Size and Forecast
        7.8 Armaments                                                          
            7.8.1 Market Overview
            7.8.2 Market Size and Forecast
        7.9 Countermeasure Systems                
            7.9.1 Market Overview
            7.9.2 Market Size and Forecast
        7.10 Command & Control (C2) Systems                
            7.10.1 Market Overview
            7.10.2 Market Size and Forecast
        7.11 Power Systems
            7.11.1 Market Overview
            7.11.2 Market Size and Forecast

    8. Armored Vehicles Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Armored Vehicles, By Platform
            8.2.2 North America Armored Vehicles, By Mobility
            8.2.3 North America Armored Vehicles, By System
        8.3 Europe
            8.3.1 Europe Armored Vehicles, By Platform
            8.3.2 Europe Armored Vehicles, By Mobility
            8.3.3 Europe Armored Vehicles, By System
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Armored Vehicles, By Platform
            8.4.2 Asia-Pacific Armored Vehicles, By Mobility
            8.4.3 Asia-Pacific Armored Vehicles, By System
        8.5 Rest of the World
            8.5.1 Rest of the World Armored Vehicles, By Platform
            8.5.2 Rest of the World Armored Vehicles, By Mobility
            8.5.3 Rest of the World Armored Vehicles, By System

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others

    10. Company Profiles
        10.1 Oshkosh Corporation
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Textron Inc.
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Otokar Otomotive Ve Savunma Sanayi
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Denel Soc Ltd.
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Krauss-Maffei Wegmann
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Hanwha Corporation
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Fnss
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 General Dynamics Corporation
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 Bae Systems PLC
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 Rheinmetall AG
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments

    The Armored Vehicles Market has been segmented as below:

    Armored Vehicles Market, By Platform

    • Combat Vehicles
    • Combat Support Vehicles
    • Unmanned Armored Ground Vehicles

    Armored Vehicles Market, By Mobility

    • Wheeled
    • Tracked

    Armored Vehicles Market, By System

    • By Engines
    • By Drive Systems
    • Ballistic Armor
    • Turret Drives
    • Ammunition Handling Systems
    • Fire Control Systems
    • Armaments
    • Countermeasure Systems
    • Command & Control (C2) Systems
    • Power Systems

    Armored Vehicles Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Armored Vehicles Market, By Company

    • Oshkosh Corporation
    • Textron Inc.
    • Otokar Otomotive Ve Savunma Sanayi
    • Denel Soc Ltd.
    • Krauss-Maffei Wegmann
    • Hanwha Corporation
    • Fnss
    • General Dynamics Corporation
    • Bae Systems PLC
    • Rheinmetall AG

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 3.65% during the study period (2023-2028)
    The Global Armored Vehicles Market is expected to be around US$ 19.10 Billion by 2028.
    The segment included in Armored Vehicles Market is Platform, Mobility, System, Company and region.
    Some key players operating in the Armored Vehicles Market include Oshkosh Corporation, Textron Inc., Otokar Otomotive Ve Savunma Sanayi, Denel Soc Ltd., Krauss-Maffei Wegmann, Hanwha Corporation, Fnss
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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