Armored Vehicle Market

Armored Vehicle Market - Global Industry Assessment & Forecast

Automotive Transportation & Logistics

# Pages:

150

Base Year:

2022

May - 2023

Format:

Report Code:

VMR-2128

Segments Covered

By Platform Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles
By Mobility Wheeled, Tracked
By System Engine, Drive System, Ballistic Armor, Turret Drives, Ammunition Handling System, Fire Control Systems (FCS), Armaments, Countermeasure System, Command & Control (C2) System, Power System, Navigation System, Observation & Display System, Hulls/Frames
By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Standard License

$ 4299 USD

Multi User License

$ 6599 USD

Enterprise License

$ 6999 USD

Snapshot

Base Year:	2022
Forecast Years:	2023 - 2030
Historical Years:	2017 - 2021
Revenue 2022:	USD 17.2 Billion
Revenue 2030:	USD 108.5 Billion
Revenue CAGR (2023 - 2030):	30.1%
Fastest Growing Region (2023 - 2030)	Asia Pacific
Largest Region (2022):	Asia Pacific

Customization Offered

Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst

Armored Vehicle Market Segment Analysis

Armored Vehicle Platform Outlook (Revenue, USD Million, 2018 - 2030)
- Combat Vehicles
- Combat Support Vehicles
- Unmanned Armored Ground Vehicles
Armored Vehicle Mobility Outlook (Revenue, USD Million, 2018 - 2030)
- Wheeled
- Tracked
Armored Vehicle System Outlook (Revenue, USD Million, 2018 - 2030)
- Engine
- Drive System
- Ballistic Armor
- Turret Drives
- Ammunition Handling System
- Fire Control Systems (FCS)
- Armaments
- Countermeasure System
- Command & Control (C2) System
- Power System
- Navigation System
- Observation & Display System
- Hulls/Frames
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
  - North America Armored Vehicle Market, by Platform
    - Combat Vehicles
    - Combat Support Vehicles
    - Unmanned Armored Ground Vehicles
  - North America Armored Vehicle Market, by Mobility
    - Wheeled
    - Tracked
  - North America Armored Vehicle Market, by System
    - Engine
    - Drive System
    - Ballistic Armor
    - Turret Drives
    - Ammunition Handling System
    - Fire Control Systems (FCS)
    - Armaments
    - Countermeasure System
    - Command & Control (C2) System
    - Power System
    - Navigation System
    - Observation & Display System
    - Hulls/Frames
  - U.S.
    - U.S. Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - U.S. Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - U.S. Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Canada
    - Canada Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Canada Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Canada Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Mexico
    - Mexico Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Mexico Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Mexico Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
- Europe
  - Europe Armored Vehicle Market, by Platform
    - Combat Vehicles
    - Combat Support Vehicles
    - Unmanned Armored Ground Vehicles
  - Europe Armored Vehicle Market, by Mobility
    - Wheeled
    - Tracked
  - Europe Armored Vehicle Market, by System
    - Engine
    - Drive System
    - Ballistic Armor
    - Turret Drives
    - Ammunition Handling System
    - Fire Control Systems (FCS)
    - Armaments
    - Countermeasure System
    - Command & Control (C2) System
    - Power System
    - Navigation System
    - Observation & Display System
    - Hulls/Frames
  - U. K.
    - U.K. Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - U.K. Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - U.K. Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - France
    - France Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - France Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - France Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Germany
    - Germany Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Germany Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Germany Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Italy
    - Italy Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Italy Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Italy Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Spain
    - Spain Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Spain Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Spain Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Rest of Europe
    - Rest of Europe Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Rest of Europe Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Rest of Europe Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
- Asia Pacific
  - Asia Pacific Armored Vehicle Market, by Platform
    - Combat Vehicles
    - Combat Support Vehicles
    - Unmanned Armored Ground Vehicles
  - Asia Pacific Armored Vehicle Market, by Mobility
    - Wheeled
    - Tracked
  - Asia Pacific Armored Vehicle Market, by System
    - Engine
    - Drive System
    - Ballistic Armor
    - Turret Drives
    - Ammunition Handling System
    - Fire Control Systems (FCS)
    - Armaments
    - Countermeasure System
    - Command & Control (C2) System
    - Power System
    - Navigation System
    - Observation & Display System
    - Hulls/Frames
  - China
    - China Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - China Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - China Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Japan
    - Japan Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Japan Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Japan Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Germany
    - Germany Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Germany Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Germany Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - India
    - India Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - India Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - India Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - South Korea
    - South Korea Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - South Korea Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - South Korea Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - South East Asia
    - South East Asia Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - South East Asia Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - South East Asia Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Rest of Asia Pacific
    - Rest of Asia Pacific Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Rest of Asia Pacific Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Rest of Asia Pacific Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
- Latin America
  - Latin America Armored Vehicle Market, by Platform
    - Combat Vehicles
    - Combat Support Vehicles
    - Unmanned Armored Ground Vehicles
  - Latin America Armored Vehicle Market, by Mobility
    - Wheeled
    - Tracked
  - Latin America Armored Vehicle Market, by System
    - Engine
    - Drive System
    - Ballistic Armor
    - Turret Drives
    - Ammunition Handling System
    - Fire Control Systems (FCS)
    - Armaments
    - Countermeasure System
    - Command & Control (C2) System
    - Power System
    - Navigation System
    - Observation & Display System
    - Hulls/Frames
  - Brazil
    - Brazil Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Brazil Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Brazil Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Argentina
    - Argentina Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Argentina Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Argentina Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Rest of Latin America
    - Rest of Latin America Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Rest of Latin America Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Rest of Latin America Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
- Middle East & Africa
  - Middle East & Africa Armored Vehicle Market, by Platform
    - Combat Vehicles
    - Combat Support Vehicles
    - Unmanned Armored Ground Vehicles
  - Middle East & Africa Armored Vehicle Market, by Mobility
    - Wheeled
    - Tracked
  - Middle East & Africa Armored Vehicle Market, by System
    - Engine
    - Drive System
    - Ballistic Armor
    - Turret Drives
    - Ammunition Handling System
    - Fire Control Systems (FCS)
    - Armaments
    - Countermeasure System
    - Command & Control (C2) System
    - Power System
    - Navigation System
    - Observation & Display System
    - Hulls/Frames
  - GCC Countries
    - GCC Countries Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - GCC Countries Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - GCC Countries Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - South Africa
    - South Africa Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - South Africa Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - South Africa Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames
  - Rest of Middle East & Africa
    - Rest of Middle East & Africa Armored Vehicle Market, by Platform
      - Combat Vehicles
      - Combat Support Vehicles
      - Unmanned Armored Ground Vehicles
    - Rest of Middle East & Africa Armored Vehicle Market, by Mobility
      - Wheeled
      - Tracked
    - Rest of Middle East & Africa Armored Vehicle Market, by System
      - Engine
      - Drive System
      - Ballistic Armor
      - Turret Drives
      - Ammunition Handling System
      - Fire Control Systems (FCS)
      - Armaments
      - Countermeasure System
      - Command & Control (C2) System
      - Power System
      - Navigation System
      - Observation & Display System
      - Hulls/Frames

Vantage Market Research | 10-May-2023

Armored Vehicle Market to Reach Valuation of USD 108.5 Billion by 2030 – The Rising Focus on Protecting Soldiers from External and Internal Threats is Expected to Propel Market Growth

FAQ

Frequently Asked Question

What is the global demand for Armored Vehicle in terms of revenue?

The global Armored Vehicle valued at USD 17.2 Billion in 2022 and is expected to reach USD 108.5 Billion in 2030 growing at a CAGR of 30.1%.

Which are the prominent players in the market?

The prominent players in the market are BAE Systems (UK), Denel SOC Ltd (South Africa), General Dynamics Corporation (U.S.), IVECO DEFENCE VEHICLES (Italy), Krauss-Maffei Wegmann GmbH & Co. KG (Germany), NORINCOGROUP.com Inc. (China), Oshkosh Defense - LLC An Oshkosh Corporation Company (U.S.), Otokar - A KOC Group Company (Turkey), Rheinmetall AG (Germany), Textron Systems (U.S.).

At what CAGR is the market projected to grow within the forecast period?

The market is project to grow at a CAGR of 30.1% between 2023 and 2030.

What are the driving factors fueling the growth of the market.

The driving factors of the Armored Vehicle include
- Improving ISR and target acquistion capabilities of defense forces

Which region accounted for the largest share in the market?

Asia Pacific was the leading regional segment of the Armored Vehicle in 2022.

Armored Vehicle Market

Armored Vehicle Market - Global Industry Assessment & Forecast

Automotive Transportation & Logistics

Segments Covered

Snapshot

Customization Offered

Armored Vehicle Market Segment Analysis

FAQ

Frequently Asked Question

What is the global demand for Armored Vehicle in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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Armored Vehicle Market

Armored Vehicle Market - Global Industry Assessment & Forecast

Automotive Transportation & Logistics

Segments Covered

Snapshot

Customization Offered

Armored Vehicle Market Segment Analysis

FAQ

Frequently Asked Question

What is the global demand for Armored Vehicle in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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