Armored Vehicles Market by Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Vehicles), Mobility (Wheeled, Tracked), Type, Systems, Mode of Operation (Manned, Unmanned), Point of sale and Region - Global Forecast to 2029
The Armored Vehicles Market is valued at USD 51.6 billion in 2024 and is projected to reach USD 60.7 billion by 2029, at a CAGR of 3.3% from 2024 to 2029. Nations facing territorial disputes or border tensions, such as those in regions like South Asia, Eastern Europe, and the Middle East, are compelled to bolster their defense capabilities, including the acquisition of armored vehicles. These conflicts heighten the demand for advanced military equipment to ensure territorial integrity and protect national borders. As a result, governments allocate substantial budgets towards the procurement of armored vehicles equipped with cutting-edge technology, enhancing their combat capabilities and readiness to respond to potential threats. Additionally, the need to maintain peace and security amid border disputes fosters continuous investment in armored vehicles, sustaining market growth over the forecast period.
'Based on type, the conventional armored vehicles segment is estimated to have the largest market share in 2024.'
Conventional armored vehicles are poised to maintain a dominant market share over electric counterparts for several reasons. Firstly, conventional armored vehicles have a longer history of development and deployment, instilling trust and familiarity among military forces worldwide. Additionally, the robust infrastructure supporting conventional vehicles, including maintenance facilities, spare parts availability, and operational expertise, gives them a competitive edge over emerging electric options. Furthermore, the current limitations of electric technology, such as battery range, charging infrastructure, and cost, hinder widespread adoption in the armored vehicle sector. While electric armored vehicles offer promising environmental benefits and technological advancements, the conventional segment's established presence and performance continue to overshadow their market share in the foreseeable future..
'Based on platform, the combat vehicle segment is estimated to have the largest market share in 2024.'
Combat vehicles are expected to maintain the highest market share in the armored vehicle sector due to their pivotal role in modern warfare scenarios. These vehicles are designed and equipped to engage in direct combat, offering superior firepower, protection, and mobility on the battlefield. As military conflicts evolve, the demand for combat vehicles remains robust, driven by the need to counter emerging threats, conduct offensive operations, and ensure battlefield dominance. Additionally, ongoing military modernization programs worldwide prioritize the procurement of advanced combat vehicles equipped with cutting-edge technologies and capabilities. With their critical role in national defense and security strategies, combat vehicles are anticipated to continue leading the armored vehicle market in terms of market share.
'Based on regions, the Asia Pacific region is estimated to have the largest market share in 2024.'
The Asia Pacific region is witnessing robust growth in the Armored Vehicles market, driven by the technological advancement. The Asia-Pacific region is poised to maintain the highest market share in the armored vehicle industry, driven by a combination of factors. Geopolitical tensions, territorial disputes, and rising military expenditures across several countries contribute to the heightened demand for armored vehicles in the region. Additionally, rapid economic growth and urbanization fuel the need for enhanced defense capabilities, further boosting the procurement of armored vehicles. Key players in the region, including China, India, and South Korea, invest significantly in military modernization programs, driving the market's growth. Moreover, ongoing conflicts and security challenges in various parts of Asia-Pacific underscore the importance of armored vehicles in maintaining regional stability and security. Collectively, these factors position the Asia-Pacific region as the dominant market for armored vehicles globally.
The break-up of the profile of primary participants in the Armored Vehicles Market:
Research Coverage:
This market study covers the Armored Vehicles market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on and region. This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Armored Vehicles market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The armored vehicle market experiences growth and evolution driven by various factors. Rising geopolitical tensions and terrorism prompt nations to enhance defense capabilities, fueling demand for armored vehicles. Global military modernization programs, aiming to replace aging fleets with advanced technology-equipped vehicles, boost market demand. Innovations in armor materials, vehicle design, and weapon systems attract investments and propel market growth. The report provides insights on the following pointers:
'Based on type, the conventional armored vehicles segment is estimated to have the largest market share in 2024.'
Conventional armored vehicles are poised to maintain a dominant market share over electric counterparts for several reasons. Firstly, conventional armored vehicles have a longer history of development and deployment, instilling trust and familiarity among military forces worldwide. Additionally, the robust infrastructure supporting conventional vehicles, including maintenance facilities, spare parts availability, and operational expertise, gives them a competitive edge over emerging electric options. Furthermore, the current limitations of electric technology, such as battery range, charging infrastructure, and cost, hinder widespread adoption in the armored vehicle sector. While electric armored vehicles offer promising environmental benefits and technological advancements, the conventional segment's established presence and performance continue to overshadow their market share in the foreseeable future..
'Based on platform, the combat vehicle segment is estimated to have the largest market share in 2024.'
Combat vehicles are expected to maintain the highest market share in the armored vehicle sector due to their pivotal role in modern warfare scenarios. These vehicles are designed and equipped to engage in direct combat, offering superior firepower, protection, and mobility on the battlefield. As military conflicts evolve, the demand for combat vehicles remains robust, driven by the need to counter emerging threats, conduct offensive operations, and ensure battlefield dominance. Additionally, ongoing military modernization programs worldwide prioritize the procurement of advanced combat vehicles equipped with cutting-edge technologies and capabilities. With their critical role in national defense and security strategies, combat vehicles are anticipated to continue leading the armored vehicle market in terms of market share.
'Based on regions, the Asia Pacific region is estimated to have the largest market share in 2024.'
The Asia Pacific region is witnessing robust growth in the Armored Vehicles market, driven by the technological advancement. The Asia-Pacific region is poised to maintain the highest market share in the armored vehicle industry, driven by a combination of factors. Geopolitical tensions, territorial disputes, and rising military expenditures across several countries contribute to the heightened demand for armored vehicles in the region. Additionally, rapid economic growth and urbanization fuel the need for enhanced defense capabilities, further boosting the procurement of armored vehicles. Key players in the region, including China, India, and South Korea, invest significantly in military modernization programs, driving the market's growth. Moreover, ongoing conflicts and security challenges in various parts of Asia-Pacific underscore the importance of armored vehicles in maintaining regional stability and security. Collectively, these factors position the Asia-Pacific region as the dominant market for armored vehicles globally.
The break-up of the profile of primary participants in the Armored Vehicles Market:
- By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
- By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
- By Region: North America – 25%, Europe – 15%, Asia Pacific – 45%, Middle East – 10% Rest of the World (RoW) – 5%
Research Coverage:
This market study covers the Armored Vehicles market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on and region. This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Armored Vehicles market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The armored vehicle market experiences growth and evolution driven by various factors. Rising geopolitical tensions and terrorism prompt nations to enhance defense capabilities, fueling demand for armored vehicles. Global military modernization programs, aiming to replace aging fleets with advanced technology-equipped vehicles, boost market demand. Innovations in armor materials, vehicle design, and weapon systems attract investments and propel market growth. The report provides insights on the following pointers:
- Market Drivers (Improving ISR and target acquisition capabilities of defense forces , Increasing demand for armored vehicles to tackle cross-border conflicts, Rising incidence of asymmetric warfare across the globe and Increased Defense Spending), restraints (Occurrence of mechanical and electrical failure in armored vehicles, Survivability issues), Opportunities (Rising technology integration and upgrades in military vehicles, Rising adoption of lifecycle optimization strategies for sustainment, Military modernization plans across the globe) challenges (Hardware and software malfunctions , High costs of main battle tanks) there are several factors that could contribute to an increase in the armoredvehicles market.
- Market Penetration: Comprehensive information on Armored Vehicles offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Armored Vehicles market
- Market Development: Comprehensive information about lucrative markets – the report analyses the Armored Vehicles market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Armored Vehicles market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the Armored Vehicles market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ARMORED VEHICLES MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 2 USD EXCHANGE RATES
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.6.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 REPORT PROCESS FLOW
FIGURE 3 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.2.3.1 Impact of Russia-Ukraine war
2.2.3.1.1 Impact of Russia-Ukraine war on macro factors of armored vehicles market
FIGURE 4 IMPACT OF RUSSIA-UKRAINE WAR ON MACRO FACTORS OF ARMORED VEHICLES MARKET
2.2.3.1.2 Impact of Russia-Ukraine war on micro factors of armored vehicles market
TABLE 3 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF ARMORED VEHICLES MARKET
FIGURE 5 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF ARMORED VEHICLES MARKET
2.2.4 RECESSION IMPACT ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market size estimation methodology (demand-side)
FIGURE 6 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 7 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 COMBAT VEHICLES TO BE LARGEST SEGMENT DURING FORECAST PERIOD
FIGURE 10 WHEELED SEGMENT TO HOLD HIGHER MARKET SHARE DURING FORECAST PERIOD
FIGURE 11 UNMANNED TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
FIGURE 12 ELECTRIC ARMORED VEHICLES TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO BE LARGEST MARKET FOR ARMORED VEHICLES DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARMORED VEHICLES MARKET
FIGURE 14 NEED FOR BORDER SECURITY AND MARITIME PATROLLING TO DRIVE GROWTH
4.2 ARMORED VEHICLES MARKET, BY REGION
FIGURE 15 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
4.3 ARMORED VEHICLES MARKET, BY PLATFORM
FIGURE 16 COMBAT VEHICLES TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
4.4 ARMORED VEHICLES MARKET, BY MOBILITY
FIGURE 17 WHEELED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.5 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
FIGURE 18 MANNED SEGMENT TO ACQUIRE MAXIMUM MARKET SHARE IN 2029
4.6 ARMORED VEHICLES MARKET, BY TYPE
FIGURE 19 CONVENTIONAL ARMORED VEHICLES TO SURPASS ELECTRIC ARMORED VEHICLES DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 ARMORED VEHICLES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Need for improved intelligence, surveillance, and reconnaissance (ISR) and target acquisition capabilities by defense forces
5.2.1.2 Growing demand for armored vehicles to tackle cross-border conflicts
TABLE 4 NEW DELIVERIES OF COMBAT SUPPORT VEHICLES, BY COUNTRY, 2021–2023 (UNITS)
5.2.1.3 Rising incidences of asymmetric warfare
5.2.1.4 Increased global defense spending
FIGURE 21 TOP 10 DEFENSE SPENDERS, 2020–2030
5.2.2 RESTRAINTS
5.2.2.1 Susceptibility to mechanical and electrical failures
5.2.2.2 Survivability risks for personnel onboard armored vehicles
5.2.3 OPPORTUNITIES
5.2.3.1 Rising technology integration and upgrades in military vehicles
5.2.3.2 Adoption of lifecycle optimization strategies for sustainment
5.2.3.3 Global military modernization plans
5.2.3.4 Increasing procurement of unmanned systems by defense forces
5.2.3.5 Development of modular and scalable armored vehicles
5.2.4 CHALLENGES
5.2.4.1 Hardware and software malfunctions
5.2.4.2 High costs of main battle tanks
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 22 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 ECOSYSTEM ANALYSIS
5.4.1 PROMINENT COMPANIES
5.4.2 PRIVATE AND SMALL ENTERPRISES
5.4.3 END USERS
FIGURE 23 ECOSYSTEM ANALYSIS
TABLE 5 ROLE OF COMPANIES IN ECOSYSTEM
5.5 VOLUME DATA
TABLE 6 ACTIVE FLEET VOLUME OF MAIN BATTLE TANKS, BY COUNTRY, 2020–2030 (UNITS)
TABLE 7 ACTIVE FLEET VOLUME OF COMBAT SUPPORT VEHICLES, BY COUNTRY, 2020–2030 (UNITS)
TABLE 8 ACTIVE FLEET VOLUME OF COMBAT VEHICLES, BY COUNTRY, 2020–2030 (UNITS)
5.6 PRICING ANALYSIS
TABLE 9 INDICATIVE PRICING ANALYSIS OF ARMORED VEHICLES, BY PLATFORM, 2023
FIGURE 24 INDICATIVE PRICING ANALYSIS OF ARMORED VEHICLES, BY PLATFORM, 2023
TABLE 10 AVERAGE SELLING PRICE RANGE OF MAIN BATTLE TANKS, 2023
TABLE 11 AVERAGE SELLING PRICE RANGE OF INFANTRY FIGHTING VEHICLES, 2023
TABLE 12 AVERAGE SELLING PRICE RANGE OF ARMORED PERSONNEL CARRIERS, 2023
TABLE 13 AVERAGE SELLING PRICE RANGE OF MINE-RESISTANT AMBUSH- PROTECTED VEHICLES, 2023
TABLE 14 AVERAGE SELLING PRICE RANGE OF LIGHT-PROTECTED VEHICLES, 2023
TABLE 15 AVERAGE SELLING PRICE RANGE OF SELF-PROPELLED HOWITZERS, 2023
5.7 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS
5.8 TECHNOLOGY ROADMAP
FIGURE 26 EVOLUTION OF KEY TECHNOLOGIES
FIGURE 27 EMERGING TRENDS RELATED TO ARMORED VEHICLES
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ARMORED VEHICLES, BY MODE OF OPERATION
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ARMORED VEHICLES, BY MODE OF OPERATION (%)
5.9.2 BUYING CRITERIA
FIGURE 29 KEY BUYING CRITERIA FOR ARMORED VEHICLES, BY PLATFORM
TABLE 17 KEY BUYING CRITERIA FOR ARMORED VEHICLES, BY PLATFORM
5.10 USE CASE ANALYSIS
5.10.1 VEHICLE INTEGRATION FOR C4ISR/EW INTEROPERABILITY (VICTORY) INITIATIVE
5.10.2 ELECTRIC FORCE FIELD FOR ARMORED VEHICLES
5.10.3 SEE-THROUGH ARMOR
5.10.4 OSHKOSH PROPULSION HYBRID DIESEL-ELECTRIC SYSTEM
5.10.5 ADAPTIVE CAMOUFLAGE SYSTEM
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 TRADE ANALYSIS
5.12.1 EXPORT DATA
TABLE 19 EXPORT DATA, BY REGION, 2020–2022
FIGURE 30 EXPORT DATA, BY REGION, 2020–2022
5.12.2 IMPORT DATA
TABLE 20 IMPORT DATA, BY REGION, 2020–2022
FIGURE 31 IMPORT DATA, BY REGION, 2020–2022
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGY
5.13.1.1 Design and implementation of solar-powered armored vehicles
5.13.1.2 Development of multi-payload unmanned armored vehicles
5.13.2 COMPLEMENTARY TECHNOLOGY
5.13.2.1 Electro-optical and radar sensor payloads for unmanned armored vehicles
5.14 BILL OF MATERIALS
FIGURE 32 BILL OF MATERIALS FOR ARMORED VEHICLES
FIGURE 33 BILL OF MATERIALS FOR MAIN BATTLE TANKS
FIGURE 34 BILL OF MATERIALS FOR ARMORED PERSONNEL CARRIERS
FIGURE 35 BILL OF MATERIALS FOR INFANTRY FIGHTING VEHICLES
5.15 TOTAL COST OF OWNERSHIP
FIGURE 36 TOTAL COST OF OWNERSHIP OF ARMORED VEHICLES
FIGURE 37 PERCENTAGE BREAKDOWN OF TOTAL COST OF OWNERSHIP
TABLE 21 TOTAL COST OF OWNERSHIP OF MAIN BATTLE TANKS
5.16 BUSINESS MODELS
FIGURE 38 BUSINESS MODELS OF ARMORED VEHICLES MARKET
TABLE 22 BUSINESS MODELS OF ARMORED VEHICLES MARKET
5.17 REGULATORY LANDSCAPE
TABLE 23 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.18 INVESTMENT AND FUNDING SCENARIO
TABLE 28 VENTURE CAPITAL FOR UNMANNED GROUND VEHICLES, 2021–2023 (USD MILLION)
FIGURE 39 VENTURE CAPITAL FOR UNMANNED GROUND VEHICLES
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
FIGURE 40 TECHNOLOGY TRENDS
6.2.1 ACTIVE PROTECTION SYSTEM
6.2.1.1 Soft-kill technology
6.2.1.2 Electro-optical jammer
6.2.1.3 Hard-kill technology
6.2.2 REACTIVE ARMOR TECHNOLOGY
6.2.3 PROGRAMMABLE AMMUNITION
6.2.4 LINKLESS FEED SYSTEM
6.2.5 AMMUNITION FEED CHUTE
6.2.6 SENSOR FUSION TECHNOLOGY
6.3 IMPACT OF MEGATRENDS
6.3.1 IMPROVED AMMUNITION CARRYING CAPABILITY
6.3.2 INNOVATIONS IN MICRO-ELECTROMECHANICAL SYSTEM AND NANOTECHNOLOGY
6.3.3 INTEROPERABLE COMMUNICATION SYSTEM
6.3.4 ADVANCED AUTOLOADER
6.4 SUPPLY CHAIN ANALYSIS
FIGURE 41 SUPPLY CHAIN ANALYSIS
6.5 PATENT ANALYSIS
FIGURE 42 PATENT ANALYSIS
TABLE 29 PATENT ANALYSIS
7 ARMORED VEHICLES MARKET, BY PLATFORM
7.1 INTRODUCTION
FIGURE 43 ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029
TABLE 30 ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 31 ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
7.2 COMBAT VEHICLES
TABLE 32 NEW DELIVERIES OF COMBAT VEHICLES, BY REGION, 2021–2029 (UNITS)
7.2.1 MAIN BATTLE TANKS
7.2.1.1 Surge in upgrade and procurement programs to drive growth
TABLE 33 NEW DELIVERIES OF MAIN BATTLE TANKS, BY REGION, 2021–2029 (UNITS)
7.2.2 INFANTRY FIGHTING VEHICLES
7.2.2.1 Ongoing developments by prominent defense companies and governments to drive growth
7.2.3 ARMORED PERSONNEL CARRIERS
7.2.3.1 Significant investments in defense armored vehicles to drive growth
7.2.4 ARMORED AMPHIBIOUS VEHICLES
7.2.4.1 Innovations in propulsion technology and hull design to drive growth
7.2.5 MINE-RESISTANT AMBUSH-PROTECTED VEHICLES
7.2.5.1 Need for protection against rocket-propelled grenades and small arms to drive growth
7.2.6 LIGHT ARMORED VEHICLES
7.2.6.1 Need for rapid response in fluid combat situations to drive growth
7.2.7 SELF-PROPELLED HOWITZERS
7.2.7.1 Advanced targeting technologies and powerful munitions to drive growth
7.2.8 AIR DEFENSE VEHICLES
7.2.8.1 Trend toward fully automated air defense systems to drive growth
7.2.9 ARMORED MORTAR CARRIERS
7.2.9.1 Ability to provide increased firepower and mobility to drive growth
7.3 COMBAT SUPPORT VEHICLES
TABLE 34 NEW DELIVERIES OF COMBAT SUPPORT VEHICLES, BY REGION, 2021–2029 (UNITS)
7.3.1 ARMORED SUPPLY TRUCKS
7.3.1.1 Focus on ensuring secure delivery of vital supplies to frontline units to drive growth
7.3.1.2 Armored fuel trucks
7.3.1.3 Armored ammunition replenishment vehicles
7.3.1.4 Armored ambulances
7.3.2 ARMORED COMMAND & CONTROL VEHICLES
7.3.2.1 Seamless integration with existing military systems to drive growth
7.3.3 REPAIR & RECOVERY VEHICLES
7.3.3.1 Need for towing or repairing combat vehicles on battlefields to drive growth
7.3.4 BRIDGE-LAYING TANKS
7.3.4.1 Operational readiness to drive growth
7.3.5 MINE CLEARANCE VEHICLES
7.3.5.1 High demand for prevention of mine blasts and other battlefield hazards to drive growth
7.4 UNMANNED ARMORED GROUND VEHICLES
7.4.1 INCREASING DEMAND FOR AUTONOMIC DECISION-MAKING CAPABILITIES IN COMPLEX REMOTE OPERATIONS TO DRIVE GROWTH
8 ARMORED VEHICLES MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 44 ARMORED VEHICLES MARKET, BY TYPE, 2024–2029
TABLE 35 ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 36 ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.2 ELECTRIC ARMORED VEHICLES
8.2.1 EMPHASIS ON REDUCING DEPENDENCE ON FOSSIL FUELS TO DRIVE GROWTH
8.3 CONVENTIONAL ARMORED VEHICLES
8.3.1 HIGHER POWER OUTPUT AND PERFORMANCE TO DRIVE GROWTH
9 ARMORED VEHICLES MARKET, BY MOBILITY
9.1 INTRODUCTION
FIGURE 45 ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029
TABLE 37 ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 38 ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
9.2 WHEELED
9.2.1 NEED FOR IMPROVED MOBILITY DURING CRITICAL COMBAT OPERATIONS TO DRIVE GROWTH
9.2.2 4X4
9.2.3 6X6
9.2.4 8X8
9.2.5 10X10
9.2.6 12X12
9.3 TRACKED
9.3.1 ONGOING MILITARY MODERNIZATION EFFORTS TO DRIVE GROWTH
10 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
10.1 INTRODUCTION
FIGURE 46 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029
TABLE 39 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 40 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
10.2 MANNED
10.2.1 NEED FOR ROBUST LAND COMBAT PLATFORMS TO DRIVE GROWTH
10.3 UNMANNED
10.3.1 DEVELOPMENT OF AUTONOMOUS TRUCKS FOR COMBAT SUPPORT TO DRIVE GROWTH
TABLE 41 TYPES OF UNMANNED ARMORED VEHICLES
11 ARMORED VEHICLES MARKET, BY SYSTEM
11.1 INTRODUCTION
FIGURE 47 ARMORED VEHICLES MARKET, BY SYSTEM, 2024–2029
TABLE 42 ARMORED VEHICLES MARKET, BY SYSTEM, 2021–2023 (USD MILLION)
TABLE 43 ARMORED VEHICLES MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
11.2 ENGINES
11.2.1 DIESEL ENGINES
11.2.2 TURBINE ENGINES
11.3 DRIVE SYSTEMS
11.3.1 POWER TRANSMISSION DRIVES
11.3.2 SUSPENSION & BRAKING SYSTEMS
11.3.3 TRACKS & WHEELS
11.4 BALLISTIC ARMORS
11.4.1 COMPOSITE ARMORS
11.4.2 EXPLOSIVE REACTIVE ARMORS
11.4.3 ELECTRIC ARMORS
11.4.4 HOMOGENOUS ARMORS
11.4.5 DEPLETED URANIUM ARMORS
11.4.6 ADD-ON ARMORS
11.5 TURRET DRIVES
11.6 AMMUNITION HANDLING SYSTEMS
11.7 FIRE CONTROL SYSTEMS
11.8 ARMAMENTS
11.9 COUNTERMEASURE SYSTEMS
11.10 COMMAND & CONTROL SYSTEMS
11.11 POWER SYSTEMS
11.12 NAVIGATION SYSTEMS
11.13 OBSERVATION & DISPLAY SYSTEMS
11.14 HULLS/FRAMES
12 ARMORED VEHICLES MARKET, BY POINT OF SALE
12.1 INTRODUCTION
12.2 OEM
12.3 RETROFIT
13 ARMORED VEHICLES MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 48 ARMORED VEHICLES MARKET, BY REGION, 2024–2029
13.1.1 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 44 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 45 ARMORED VEHICLES MARKET, BY REGION, 2021–2023 (USD MILLION)
TABLE 46 ARMORED VEHICLES MARKET, BY REGION, 2024–2029 (USD MILLION)
13.2 NORTH AMERICA
13.2.1 PESTLE ANALYSIS
13.2.2 RECESSION IMPACT ANALYSIS
FIGURE 49 NORTH AMERICA: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 47 NORTH AMERICA: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 49 NORTH AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 50 NORTH AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 51 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 52 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 53 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 54 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 55 NORTH AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 56 NORTH AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.2.3 US
13.2.3.1 Collaborations and joint ventures between key players to drive growth
TABLE 57 US: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 58 US: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 59 US: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 60 US: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 61 US: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 62 US: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 63 US: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 64 US: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.2.4 CANADA
13.2.4.1 Military modernization programs to drive growth
TABLE 65 CANADA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 66 CANADA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 67 CANADA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 68 CANADA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 69 CANADA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 70 CANADA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 71 CANADA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 72 CANADA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3 EUROPE
13.3.1 PESTLE ANALYSIS
13.3.2 RECESSION IMPACT ANALYSIS
FIGURE 50 EUROPE: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 73 EUROPE: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 74 EUROPE: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 76 EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 77 EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 78 EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 79 EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 80 EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 82 EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.3 UK
13.3.3.1 Surge in armored vehicle upgrade programs to drive growth
TABLE 83 UK: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 84 UK: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 85 UK: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 86 UK: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 87 UK: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 88 UK: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 89 UK: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 90 UK: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.4 GERMANY
13.3.4.1 Focus on modernizing domestic armored personnel carrier fleets to drive growth
TABLE 91 GERMANY: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 92 GERMANY: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 93 GERMANY: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 94 GERMANY: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 95 GERMANY: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 96 GERMANY: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 97 GERMANY: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 98 GERMANY: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.5 FRANCE
13.3.5.1 Procurement of new-generation combat vehicles to drive growth
TABLE 99 FRANCE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 100 FRANCE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 101 FRANCE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 102 FRANCE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 103 FRANCE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 104 FRANCE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 105 FRANCE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 106 FRANCE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.6 POLAND
13.3.6.1 Increase in domestic defense spending to drive growth
TABLE 107 POLAND: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 108 POLAND: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 109 POLAND: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 110 POLAND: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 111 POLAND: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 112 POLAND: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 113 POLAND: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 114 POLAND: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.7 REST OF EUROPE
TABLE 115 REST OF EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 116 REST OF EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 117 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 118 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 119 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 120 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 121 REST OF EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 122 REST OF EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4 ASIA PACIFIC
13.4.1 PESTLE ANALYSIS
13.4.2 RECESSION IMPACT ANALYSIS
FIGURE 51 ASIA PACIFIC: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 123 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 124 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 125 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 126 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 127 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 128 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 129 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 130 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 131 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 132 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.3 INDIA
13.4.3.1 Indigenous manufacturing of electric military vehicles to drive growth
TABLE 133 INDIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 134 INDIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 135 INDIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 136 INDIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 137 INDIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 138 INDIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 139 INDIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 140 INDIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.4 JAPAN
13.4.4.1 Development of high-end military technologies to drive growth
TABLE 141 JAPAN: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 142 JAPAN: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 143 JAPAN: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 144 JAPAN: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 145 JAPAN: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 146 JAPAN: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 147 JAPAN: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 148 JAPAN: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.5 AUSTRALIA
13.4.5.1 Rise in manufacturing of combat fleets to drive growth
TABLE 149 AUSTRALIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 150 AUSTRALIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 151 AUSTRALIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 152 AUSTRALIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 153 AUSTRALIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 154 AUSTRALIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 155 AUSTRALIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 156 AUSTRALIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.6 SOUTH KOREA
13.4.6.1 High investments in robotics technologies to drive growth
TABLE 157 SOUTH KOREA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 158 SOUTH KOREA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 159 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 160 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 161 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 162 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 163 SOUTH KOREA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 164 SOUTH KOREA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.7 REST OF ASIA PACIFIC
TABLE 165 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 166 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 168 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 169 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 170 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 171 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 172 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5 MIDDLE EAST
13.5.1 PESTLE ANALYSIS
13.5.2 RECESSION IMPACT ANALYSIS
FIGURE 52 MIDDLE EAST: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 173 MIDDLE EAST: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 174 MIDDLE EAST: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 175 MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 176 MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 177 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 178 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 179 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 180 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 181 MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 182 MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.3 GULF COOPERATION COUNCIL (GCC)
13.5.3.1 Saudi Arabia
13.5.3.1.1 Rising concerns over regional security to drive growth
TABLE 183 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 184 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 185 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 186 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 187 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 188 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 189 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 190 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.3.2 UAE
13.5.3.2.1 Significant presence of prominent players to drive growth
TABLE 191 UAE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 192 UAE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 193 UAE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 194 UAE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 195 UAE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 196 UAE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 197 UAE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 198 UAE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.4 REST OF MIDDLE EAST
TABLE 199 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 200 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 201 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 202 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 203 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 204 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 205 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 206 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.6 REST OF THE WORLD
FIGURE 53 REST OF THE WORLD: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 207 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 208 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 209 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 210 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 211 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 212 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 213 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 214 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 215 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 216 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.6.1 LATIN AMERICA
13.6.1.1 Increasing acquisition of modern armored vehicles to drive growth
TABLE 217 LATIN AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 218 LATIN AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 219 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 220 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 221 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 222 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 223 LATIN AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 224 LATIN AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION) 204" "13.6.2 AFRICA
13.6.2.1 Rising demand for unmanned military ground vehicles to drive growth
TABLE 225 AFRICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 226 AFRICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 227 AFRICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 228 AFRICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 229 AFRICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 230 AFRICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 231 AFRICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 232 AFRICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 INTRODUCTION
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 233 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
14.3 RANKING ANALYSIS, 2023
FIGURE 54 MARKET RANKING OF KEY PLAYERS, 2023
14.4 MARKET SHARE ANALYSIS, 2023
FIGURE 55 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
14.5 REVENUE ANALYSIS, 2019–2023
FIGURE 56 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
TABLE 234 ARMORED VEHICLES MARKET: DEGREE OF COMPETITION
14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 57 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
14.6.5 COMPANY FOOTPRINT
14.6.5.1 Company footprint
FIGURE 58 COMPANY FOOTPRINT
14.6.5.2 Mobility footprint
TABLE 235 MOBILITY FOOTPRINT
14.6.5.3 Platform footprint
TABLE 236 PLATFORM FOOTPRINT
14.6.5.4 Region footprint
TABLE 237 REGION FOOTPRINT
14.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
FIGURE 59 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
14.7.5 COMPETITIVE BENCHMARKING
14.7.5.1 Key start-ups/SMEs
TABLE 238 KEY START-UPS/SMES
14.7.5.2 Competitive benchmarking of key start-ups/SMEs
TABLE 239 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
14.8 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 60 FINANCIAL METRICS OF PROMINENT PLAYERS, 2023
FIGURE 61 COMPANY VALUATION OF PROMINENT PLAYERS, 2023
14.9 BRAND/PRODUCT COMPARISON
FIGURE 62 BRAND/PRODUCT COMPARISON
14.10 COMPETITIVE SCENARIO AND TRENDS
14.10.1 MARKET EVALUATION FRAMEWORK
14.10.2 PRODUCT LAUNCHES
TABLE 240 ARMORED VEHICLES MARKET: PRODUCT LAUNCHES, 2020–2024
14.10.3 DEALS
TABLE 241 ARMORED VEHICLES MARKET: DEALS, 2020–2024
14.10.4 OTHERS
TABLE 242 ARMORED VEHICLES MARKET: OTHERS, 2020–2024
15 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 RHEINMETALL AG
TABLE 243 RHEINMETALL AG: COMPANY OVERVIEW
FIGURE 63 RHEINMETALL AG: COMPANY SNAPSHOT
TABLE 244 RHEINMETALL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 245 RHEINMETALL AG: PRODUCT LAUNCHES
TABLE 246 RHEINMETALL AG: DEALS
TABLE 247 RHEINMETALL AG: OTHERS
15.1.2 GENERAL DYNAMICS CORPORATION
TABLE 248 GENERAL DYNAMICS CORPORATION: COMPANY OVERVIEW
FIGURE 64 GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT
TABLE 249 GENERAL DYNAMICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250 GENERAL DYNAMICS CORPORATION: OTHERS
15.1.3 OSHKOSH CORPORATION
TABLE 251 OSHKOSH CORPORATION: COMPANY OVERVIEW
FIGURE 65 OSHKOSH CORPORATION: COMPANY SNAPSHOT
TABLE 252 OSHKOSH CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 253 OSHKOSH CORPORATION: OTHERS
15.1.4 BAE SYSTEMS
TABLE 254 BAE SYSTEMS: COMPANY OVERVIEW
FIGURE 66 BAE SYSTEMS: COMPANY SNAPSHOT
TABLE 255 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 256 BAE SYSTEMS: OTHERS
15.1.5 HANWHA GROUP
TABLE 257 HANWHA GROUP: COMPANY OVERVIEW
FIGURE 67 HANWHA GROUP: COMPANY SNAPSHOT
TABLE 258 HANWHA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 259 HANWHA GROUP: OTHERS
15.1.6 NORTHROP GRUMMAN
TABLE 260 NORTHROP GRUMMAN: COMPANY OVERVIEW
FIGURE 68 NORTHROP GRUMMAN: COMPANY SNAPSHOT
TABLE 261 NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 262 NORTHROP GRUMMAN: OTHERS
15.1.7 LOCKHEED MARTIN CORPORATION
TABLE 263 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
FIGURE 69 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 264 LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 265 LOCKHEED MARTIN CORPORATION: OTHERS
15.1.8 THALES
TABLE 266 THALES: COMPANY OVERVIEW
FIGURE 70 THALES: COMPANY SNAPSHOT
TABLE 267 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 THALES: OTHERS
15.1.9 L3HARRIS TECHNOLOGIES, INC.
TABLE 269 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 71 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 270 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 271 L3HARRIS TECHNOLOGIES, INC.: DEALS
TABLE 272 L3HARRIS TECHNOLOGIES, INC.: OTHERS
15.1.10 ST ENGINEERING
TABLE 273 ST ENGINEERING: COMPANY OVERVIEW
FIGURE 72 ST ENGINEERING: COMPANY SNAPSHOT
TABLE 274 ST ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 275 ST ENGINEERING: PRODUCT LAUNCHES
TABLE 276 ST ENGINEERING: DEALS
15.1.11 ELBIT SYSTEMS LTD.
TABLE 277 ELBIT SYSTEMS LTD.: COMPANY OVERVIEW
FIGURE 73 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 278 ELBIT SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 279 ELBIT SYSTEMS LTD.: OTHERS
15.1.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
TABLE 280 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
FIGURE 74 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 281 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.13 HYUNDAI ROTEM COMPANY
TABLE 282 HYUNDAI ROTEM COMPANY: COMPANY OVERVIEW
FIGURE 75 HYUNDAI ROTEM COMPANY: COMPANY SNAPSHOT
TABLE 283 HYUNDAI ROTEM COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 284 HYUNDAI ROTEM COMPANY: PRODUCT LAUNCHES
TABLE 285 HYUNDAI ROTEM COMPANY: OTHERS
15.1.14 TEXTRON INC.
TABLE 286 TEXTRON INC.: COMPANY OVERVIEW
FIGURE 76 TEXTRON INC.: COMPANY SNAPSHOT
TABLE 287 TEXTRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.15 OTOKAR OTOMOTIV VE SAVUNMA SANAYI
TABLE 288 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: COMPANY OVERVIEW
FIGURE 77 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: COMPANY SNAPSHOT
TABLE 289 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 290 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: OTHERS
15.1.16 DENEL SOC LTD.
TABLE 291 DENEL SOC LTD.: COMPANY OVERVIEW
TABLE 292 DENEL SOC LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 293 DENEL SOC LTD.: DEALS
15.1.17 KNDS
TABLE 294 KNDS: COMPANY OVERVIEW
TABLE 295 KNDS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296 KNDS: DEALS
TABLE 297 KNDS: OTHERS
15.1.18 FNSS
TABLE 298 FNSS: COMPANY OVERVIEW
TABLE 299 FNSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 300 FNSS: PRODUCT LAUNCHES
TABLE 301 FNSS: OTHERS
15.1.19 CHINA NORTH INDUSTRIES CORPORATION (NORINCO)
TABLE 302 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): COMPANY OVERVIEW
TABLE 303 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 304 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): PRODUCT LAUNCHES
15.1.20 RTX
TABLE 305 RTX: COMPANY OVERVIEW
FIGURE 78 RTX: COMPANY SNAPSHOT
TABLE 306 RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 307 RTX: OTHERS
15.1.21 IVECO DEFENCE VEHICLES
TABLE 308 IVECO DEFENCE VEHICLES: COMPANY OVERVIEW
TABLE 309 IVECO DEFENCE VEHICLES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 310 IVECO DEFENCE VEHICLES: PRODUCT LAUNCHES
TABLE 311 IVECO DEFENCE VEHICLES: DEALS
TABLE 312 IVECO DEFENCE VEHICLES: OTHERS
15.1.22 PARAMOUNT GROUP
TABLE 313 PARAMOUNT GROUP: COMPANY OVERVIEW
TABLE 314 PARAMOUNT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 315 PARAMOUNT GROUP: PRODUCT LAUNCHES
TABLE 316 PARAMOUNT GROUP: DEALS
TABLE 317 PARAMOUNT GROUP: OTHERS
15.2 OTHER PLAYERS
15.2.1 ARQUUS
TABLE 318 ARQUUS: COMPANY OVERVIEW
15.2.2 TATRA TRUCKS A.S.
TABLE 319 TATRA TRUCKS A.S.: COMPANY OVERVIEW
15.2.3 KALYANI STRATEGIC SYSTEMS LTD.
TABLE 320 KALYANI STRATEGIC SYSTEMS LTD.: COMPANY OVERVIEW
15.2.4 AM GENERAL
TABLE 321 AM GENERAL: COMPANY OVERVIEW
15.2.5 MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC
TABLE 322 MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC: COMPANY OVERVIEW
15.2.6 TATA ADVANCED SYSTEMS LIMITED
TABLE 323 TATA ADVANCED SYSTEMS LIMITED: COMPANY OVERVIEW
15.2.7 INKAS ARMORED VEHICLE MANUFACTURING
TABLE 324 INKAS ARMORED VEHICLE MANUFACTURING: COMPANY OVERVIEW
15.2.8 STREIT GROUP
TABLE 325 STREIT GROUP: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 ANNEXURE A: DEFENSE PROGRAM MAPPING
16.3 ANNEXURE B: COMPANY LISTED
16.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.5 CUSTOMIZATION OPTIONS
16.6 RELATED REPORTS
16.7 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ARMORED VEHICLES MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 2 USD EXCHANGE RATES
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.6.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 REPORT PROCESS FLOW
FIGURE 3 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.2.3.1 Impact of Russia-Ukraine war
2.2.3.1.1 Impact of Russia-Ukraine war on macro factors of armored vehicles market
FIGURE 4 IMPACT OF RUSSIA-UKRAINE WAR ON MACRO FACTORS OF ARMORED VEHICLES MARKET
2.2.3.1.2 Impact of Russia-Ukraine war on micro factors of armored vehicles market
TABLE 3 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF ARMORED VEHICLES MARKET
FIGURE 5 IMPACT OF RUSSIA-UKRAINE WAR ON MICRO FACTORS OF ARMORED VEHICLES MARKET
2.2.4 RECESSION IMPACT ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market size estimation methodology (demand-side)
FIGURE 6 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 7 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 COMBAT VEHICLES TO BE LARGEST SEGMENT DURING FORECAST PERIOD
FIGURE 10 WHEELED SEGMENT TO HOLD HIGHER MARKET SHARE DURING FORECAST PERIOD
FIGURE 11 UNMANNED TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
FIGURE 12 ELECTRIC ARMORED VEHICLES TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO BE LARGEST MARKET FOR ARMORED VEHICLES DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARMORED VEHICLES MARKET
FIGURE 14 NEED FOR BORDER SECURITY AND MARITIME PATROLLING TO DRIVE GROWTH
4.2 ARMORED VEHICLES MARKET, BY REGION
FIGURE 15 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
4.3 ARMORED VEHICLES MARKET, BY PLATFORM
FIGURE 16 COMBAT VEHICLES TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
4.4 ARMORED VEHICLES MARKET, BY MOBILITY
FIGURE 17 WHEELED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.5 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
FIGURE 18 MANNED SEGMENT TO ACQUIRE MAXIMUM MARKET SHARE IN 2029
4.6 ARMORED VEHICLES MARKET, BY TYPE
FIGURE 19 CONVENTIONAL ARMORED VEHICLES TO SURPASS ELECTRIC ARMORED VEHICLES DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 ARMORED VEHICLES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Need for improved intelligence, surveillance, and reconnaissance (ISR) and target acquisition capabilities by defense forces
5.2.1.2 Growing demand for armored vehicles to tackle cross-border conflicts
TABLE 4 NEW DELIVERIES OF COMBAT SUPPORT VEHICLES, BY COUNTRY, 2021–2023 (UNITS)
5.2.1.3 Rising incidences of asymmetric warfare
5.2.1.4 Increased global defense spending
FIGURE 21 TOP 10 DEFENSE SPENDERS, 2020–2030
5.2.2 RESTRAINTS
5.2.2.1 Susceptibility to mechanical and electrical failures
5.2.2.2 Survivability risks for personnel onboard armored vehicles
5.2.3 OPPORTUNITIES
5.2.3.1 Rising technology integration and upgrades in military vehicles
5.2.3.2 Adoption of lifecycle optimization strategies for sustainment
5.2.3.3 Global military modernization plans
5.2.3.4 Increasing procurement of unmanned systems by defense forces
5.2.3.5 Development of modular and scalable armored vehicles
5.2.4 CHALLENGES
5.2.4.1 Hardware and software malfunctions
5.2.4.2 High costs of main battle tanks
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 22 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 ECOSYSTEM ANALYSIS
5.4.1 PROMINENT COMPANIES
5.4.2 PRIVATE AND SMALL ENTERPRISES
5.4.3 END USERS
FIGURE 23 ECOSYSTEM ANALYSIS
TABLE 5 ROLE OF COMPANIES IN ECOSYSTEM
5.5 VOLUME DATA
TABLE 6 ACTIVE FLEET VOLUME OF MAIN BATTLE TANKS, BY COUNTRY, 2020–2030 (UNITS)
TABLE 7 ACTIVE FLEET VOLUME OF COMBAT SUPPORT VEHICLES, BY COUNTRY, 2020–2030 (UNITS)
TABLE 8 ACTIVE FLEET VOLUME OF COMBAT VEHICLES, BY COUNTRY, 2020–2030 (UNITS)
5.6 PRICING ANALYSIS
TABLE 9 INDICATIVE PRICING ANALYSIS OF ARMORED VEHICLES, BY PLATFORM, 2023
FIGURE 24 INDICATIVE PRICING ANALYSIS OF ARMORED VEHICLES, BY PLATFORM, 2023
TABLE 10 AVERAGE SELLING PRICE RANGE OF MAIN BATTLE TANKS, 2023
TABLE 11 AVERAGE SELLING PRICE RANGE OF INFANTRY FIGHTING VEHICLES, 2023
TABLE 12 AVERAGE SELLING PRICE RANGE OF ARMORED PERSONNEL CARRIERS, 2023
TABLE 13 AVERAGE SELLING PRICE RANGE OF MINE-RESISTANT AMBUSH- PROTECTED VEHICLES, 2023
TABLE 14 AVERAGE SELLING PRICE RANGE OF LIGHT-PROTECTED VEHICLES, 2023
TABLE 15 AVERAGE SELLING PRICE RANGE OF SELF-PROPELLED HOWITZERS, 2023
5.7 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS
5.8 TECHNOLOGY ROADMAP
FIGURE 26 EVOLUTION OF KEY TECHNOLOGIES
FIGURE 27 EMERGING TRENDS RELATED TO ARMORED VEHICLES
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ARMORED VEHICLES, BY MODE OF OPERATION
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ARMORED VEHICLES, BY MODE OF OPERATION (%)
5.9.2 BUYING CRITERIA
FIGURE 29 KEY BUYING CRITERIA FOR ARMORED VEHICLES, BY PLATFORM
TABLE 17 KEY BUYING CRITERIA FOR ARMORED VEHICLES, BY PLATFORM
5.10 USE CASE ANALYSIS
5.10.1 VEHICLE INTEGRATION FOR C4ISR/EW INTEROPERABILITY (VICTORY) INITIATIVE
5.10.2 ELECTRIC FORCE FIELD FOR ARMORED VEHICLES
5.10.3 SEE-THROUGH ARMOR
5.10.4 OSHKOSH PROPULSION HYBRID DIESEL-ELECTRIC SYSTEM
5.10.5 ADAPTIVE CAMOUFLAGE SYSTEM
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 TRADE ANALYSIS
5.12.1 EXPORT DATA
TABLE 19 EXPORT DATA, BY REGION, 2020–2022
FIGURE 30 EXPORT DATA, BY REGION, 2020–2022
5.12.2 IMPORT DATA
TABLE 20 IMPORT DATA, BY REGION, 2020–2022
FIGURE 31 IMPORT DATA, BY REGION, 2020–2022
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGY
5.13.1.1 Design and implementation of solar-powered armored vehicles
5.13.1.2 Development of multi-payload unmanned armored vehicles
5.13.2 COMPLEMENTARY TECHNOLOGY
5.13.2.1 Electro-optical and radar sensor payloads for unmanned armored vehicles
5.14 BILL OF MATERIALS
FIGURE 32 BILL OF MATERIALS FOR ARMORED VEHICLES
FIGURE 33 BILL OF MATERIALS FOR MAIN BATTLE TANKS
FIGURE 34 BILL OF MATERIALS FOR ARMORED PERSONNEL CARRIERS
FIGURE 35 BILL OF MATERIALS FOR INFANTRY FIGHTING VEHICLES
5.15 TOTAL COST OF OWNERSHIP
FIGURE 36 TOTAL COST OF OWNERSHIP OF ARMORED VEHICLES
FIGURE 37 PERCENTAGE BREAKDOWN OF TOTAL COST OF OWNERSHIP
TABLE 21 TOTAL COST OF OWNERSHIP OF MAIN BATTLE TANKS
5.16 BUSINESS MODELS
FIGURE 38 BUSINESS MODELS OF ARMORED VEHICLES MARKET
TABLE 22 BUSINESS MODELS OF ARMORED VEHICLES MARKET
5.17 REGULATORY LANDSCAPE
TABLE 23 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.18 INVESTMENT AND FUNDING SCENARIO
TABLE 28 VENTURE CAPITAL FOR UNMANNED GROUND VEHICLES, 2021–2023 (USD MILLION)
FIGURE 39 VENTURE CAPITAL FOR UNMANNED GROUND VEHICLES
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
FIGURE 40 TECHNOLOGY TRENDS
6.2.1 ACTIVE PROTECTION SYSTEM
6.2.1.1 Soft-kill technology
6.2.1.2 Electro-optical jammer
6.2.1.3 Hard-kill technology
6.2.2 REACTIVE ARMOR TECHNOLOGY
6.2.3 PROGRAMMABLE AMMUNITION
6.2.4 LINKLESS FEED SYSTEM
6.2.5 AMMUNITION FEED CHUTE
6.2.6 SENSOR FUSION TECHNOLOGY
6.3 IMPACT OF MEGATRENDS
6.3.1 IMPROVED AMMUNITION CARRYING CAPABILITY
6.3.2 INNOVATIONS IN MICRO-ELECTROMECHANICAL SYSTEM AND NANOTECHNOLOGY
6.3.3 INTEROPERABLE COMMUNICATION SYSTEM
6.3.4 ADVANCED AUTOLOADER
6.4 SUPPLY CHAIN ANALYSIS
FIGURE 41 SUPPLY CHAIN ANALYSIS
6.5 PATENT ANALYSIS
FIGURE 42 PATENT ANALYSIS
TABLE 29 PATENT ANALYSIS
7 ARMORED VEHICLES MARKET, BY PLATFORM
7.1 INTRODUCTION
FIGURE 43 ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029
TABLE 30 ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 31 ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
7.2 COMBAT VEHICLES
TABLE 32 NEW DELIVERIES OF COMBAT VEHICLES, BY REGION, 2021–2029 (UNITS)
7.2.1 MAIN BATTLE TANKS
7.2.1.1 Surge in upgrade and procurement programs to drive growth
TABLE 33 NEW DELIVERIES OF MAIN BATTLE TANKS, BY REGION, 2021–2029 (UNITS)
7.2.2 INFANTRY FIGHTING VEHICLES
7.2.2.1 Ongoing developments by prominent defense companies and governments to drive growth
7.2.3 ARMORED PERSONNEL CARRIERS
7.2.3.1 Significant investments in defense armored vehicles to drive growth
7.2.4 ARMORED AMPHIBIOUS VEHICLES
7.2.4.1 Innovations in propulsion technology and hull design to drive growth
7.2.5 MINE-RESISTANT AMBUSH-PROTECTED VEHICLES
7.2.5.1 Need for protection against rocket-propelled grenades and small arms to drive growth
7.2.6 LIGHT ARMORED VEHICLES
7.2.6.1 Need for rapid response in fluid combat situations to drive growth
7.2.7 SELF-PROPELLED HOWITZERS
7.2.7.1 Advanced targeting technologies and powerful munitions to drive growth
7.2.8 AIR DEFENSE VEHICLES
7.2.8.1 Trend toward fully automated air defense systems to drive growth
7.2.9 ARMORED MORTAR CARRIERS
7.2.9.1 Ability to provide increased firepower and mobility to drive growth
7.3 COMBAT SUPPORT VEHICLES
TABLE 34 NEW DELIVERIES OF COMBAT SUPPORT VEHICLES, BY REGION, 2021–2029 (UNITS)
7.3.1 ARMORED SUPPLY TRUCKS
7.3.1.1 Focus on ensuring secure delivery of vital supplies to frontline units to drive growth
7.3.1.2 Armored fuel trucks
7.3.1.3 Armored ammunition replenishment vehicles
7.3.1.4 Armored ambulances
7.3.2 ARMORED COMMAND & CONTROL VEHICLES
7.3.2.1 Seamless integration with existing military systems to drive growth
7.3.3 REPAIR & RECOVERY VEHICLES
7.3.3.1 Need for towing or repairing combat vehicles on battlefields to drive growth
7.3.4 BRIDGE-LAYING TANKS
7.3.4.1 Operational readiness to drive growth
7.3.5 MINE CLEARANCE VEHICLES
7.3.5.1 High demand for prevention of mine blasts and other battlefield hazards to drive growth
7.4 UNMANNED ARMORED GROUND VEHICLES
7.4.1 INCREASING DEMAND FOR AUTONOMIC DECISION-MAKING CAPABILITIES IN COMPLEX REMOTE OPERATIONS TO DRIVE GROWTH
8 ARMORED VEHICLES MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 44 ARMORED VEHICLES MARKET, BY TYPE, 2024–2029
TABLE 35 ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 36 ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.2 ELECTRIC ARMORED VEHICLES
8.2.1 EMPHASIS ON REDUCING DEPENDENCE ON FOSSIL FUELS TO DRIVE GROWTH
8.3 CONVENTIONAL ARMORED VEHICLES
8.3.1 HIGHER POWER OUTPUT AND PERFORMANCE TO DRIVE GROWTH
9 ARMORED VEHICLES MARKET, BY MOBILITY
9.1 INTRODUCTION
FIGURE 45 ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029
TABLE 37 ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 38 ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
9.2 WHEELED
9.2.1 NEED FOR IMPROVED MOBILITY DURING CRITICAL COMBAT OPERATIONS TO DRIVE GROWTH
9.2.2 4X4
9.2.3 6X6
9.2.4 8X8
9.2.5 10X10
9.2.6 12X12
9.3 TRACKED
9.3.1 ONGOING MILITARY MODERNIZATION EFFORTS TO DRIVE GROWTH
10 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
10.1 INTRODUCTION
FIGURE 46 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029
TABLE 39 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 40 ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
10.2 MANNED
10.2.1 NEED FOR ROBUST LAND COMBAT PLATFORMS TO DRIVE GROWTH
10.3 UNMANNED
10.3.1 DEVELOPMENT OF AUTONOMOUS TRUCKS FOR COMBAT SUPPORT TO DRIVE GROWTH
TABLE 41 TYPES OF UNMANNED ARMORED VEHICLES
11 ARMORED VEHICLES MARKET, BY SYSTEM
11.1 INTRODUCTION
FIGURE 47 ARMORED VEHICLES MARKET, BY SYSTEM, 2024–2029
TABLE 42 ARMORED VEHICLES MARKET, BY SYSTEM, 2021–2023 (USD MILLION)
TABLE 43 ARMORED VEHICLES MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
11.2 ENGINES
11.2.1 DIESEL ENGINES
11.2.2 TURBINE ENGINES
11.3 DRIVE SYSTEMS
11.3.1 POWER TRANSMISSION DRIVES
11.3.2 SUSPENSION & BRAKING SYSTEMS
11.3.3 TRACKS & WHEELS
11.4 BALLISTIC ARMORS
11.4.1 COMPOSITE ARMORS
11.4.2 EXPLOSIVE REACTIVE ARMORS
11.4.3 ELECTRIC ARMORS
11.4.4 HOMOGENOUS ARMORS
11.4.5 DEPLETED URANIUM ARMORS
11.4.6 ADD-ON ARMORS
11.5 TURRET DRIVES
11.6 AMMUNITION HANDLING SYSTEMS
11.7 FIRE CONTROL SYSTEMS
11.8 ARMAMENTS
11.9 COUNTERMEASURE SYSTEMS
11.10 COMMAND & CONTROL SYSTEMS
11.11 POWER SYSTEMS
11.12 NAVIGATION SYSTEMS
11.13 OBSERVATION & DISPLAY SYSTEMS
11.14 HULLS/FRAMES
12 ARMORED VEHICLES MARKET, BY POINT OF SALE
12.1 INTRODUCTION
12.2 OEM
12.3 RETROFIT
13 ARMORED VEHICLES MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 48 ARMORED VEHICLES MARKET, BY REGION, 2024–2029
13.1.1 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 44 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 45 ARMORED VEHICLES MARKET, BY REGION, 2021–2023 (USD MILLION)
TABLE 46 ARMORED VEHICLES MARKET, BY REGION, 2024–2029 (USD MILLION)
13.2 NORTH AMERICA
13.2.1 PESTLE ANALYSIS
13.2.2 RECESSION IMPACT ANALYSIS
FIGURE 49 NORTH AMERICA: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 47 NORTH AMERICA: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 49 NORTH AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 50 NORTH AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 51 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 52 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 53 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 54 NORTH AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 55 NORTH AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 56 NORTH AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.2.3 US
13.2.3.1 Collaborations and joint ventures between key players to drive growth
TABLE 57 US: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 58 US: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 59 US: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 60 US: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 61 US: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 62 US: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 63 US: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 64 US: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.2.4 CANADA
13.2.4.1 Military modernization programs to drive growth
TABLE 65 CANADA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 66 CANADA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 67 CANADA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 68 CANADA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 69 CANADA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 70 CANADA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 71 CANADA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 72 CANADA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3 EUROPE
13.3.1 PESTLE ANALYSIS
13.3.2 RECESSION IMPACT ANALYSIS
FIGURE 50 EUROPE: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 73 EUROPE: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 74 EUROPE: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 76 EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 77 EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 78 EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 79 EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 80 EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 82 EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.3 UK
13.3.3.1 Surge in armored vehicle upgrade programs to drive growth
TABLE 83 UK: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 84 UK: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 85 UK: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 86 UK: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 87 UK: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 88 UK: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 89 UK: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 90 UK: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.4 GERMANY
13.3.4.1 Focus on modernizing domestic armored personnel carrier fleets to drive growth
TABLE 91 GERMANY: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 92 GERMANY: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 93 GERMANY: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 94 GERMANY: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 95 GERMANY: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 96 GERMANY: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 97 GERMANY: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 98 GERMANY: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.5 FRANCE
13.3.5.1 Procurement of new-generation combat vehicles to drive growth
TABLE 99 FRANCE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 100 FRANCE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 101 FRANCE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 102 FRANCE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 103 FRANCE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 104 FRANCE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 105 FRANCE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 106 FRANCE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.6 POLAND
13.3.6.1 Increase in domestic defense spending to drive growth
TABLE 107 POLAND: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 108 POLAND: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 109 POLAND: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 110 POLAND: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 111 POLAND: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 112 POLAND: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 113 POLAND: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 114 POLAND: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.3.7 REST OF EUROPE
TABLE 115 REST OF EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 116 REST OF EUROPE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 117 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 118 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 119 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 120 REST OF EUROPE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 121 REST OF EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 122 REST OF EUROPE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4 ASIA PACIFIC
13.4.1 PESTLE ANALYSIS
13.4.2 RECESSION IMPACT ANALYSIS
FIGURE 51 ASIA PACIFIC: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 123 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 124 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 125 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 126 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 127 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 128 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 129 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 130 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 131 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 132 ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.3 INDIA
13.4.3.1 Indigenous manufacturing of electric military vehicles to drive growth
TABLE 133 INDIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 134 INDIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 135 INDIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 136 INDIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 137 INDIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 138 INDIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 139 INDIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 140 INDIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.4 JAPAN
13.4.4.1 Development of high-end military technologies to drive growth
TABLE 141 JAPAN: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 142 JAPAN: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 143 JAPAN: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 144 JAPAN: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 145 JAPAN: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 146 JAPAN: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 147 JAPAN: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 148 JAPAN: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.5 AUSTRALIA
13.4.5.1 Rise in manufacturing of combat fleets to drive growth
TABLE 149 AUSTRALIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 150 AUSTRALIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 151 AUSTRALIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 152 AUSTRALIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 153 AUSTRALIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 154 AUSTRALIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 155 AUSTRALIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 156 AUSTRALIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.6 SOUTH KOREA
13.4.6.1 High investments in robotics technologies to drive growth
TABLE 157 SOUTH KOREA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 158 SOUTH KOREA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 159 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 160 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 161 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 162 SOUTH KOREA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 163 SOUTH KOREA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 164 SOUTH KOREA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.4.7 REST OF ASIA PACIFIC
TABLE 165 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 166 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 168 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 169 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 170 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 171 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 172 REST OF ASIA PACIFIC: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5 MIDDLE EAST
13.5.1 PESTLE ANALYSIS
13.5.2 RECESSION IMPACT ANALYSIS
FIGURE 52 MIDDLE EAST: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 173 MIDDLE EAST: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 174 MIDDLE EAST: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 175 MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 176 MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 177 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 178 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 179 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 180 MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 181 MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 182 MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.3 GULF COOPERATION COUNCIL (GCC)
13.5.3.1 Saudi Arabia
13.5.3.1.1 Rising concerns over regional security to drive growth
TABLE 183 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 184 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 185 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 186 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 187 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 188 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 189 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 190 SAUDI ARABIA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.3.2 UAE
13.5.3.2.1 Significant presence of prominent players to drive growth
TABLE 191 UAE: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 192 UAE: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 193 UAE: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 194 UAE: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 195 UAE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 196 UAE: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 197 UAE: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 198 UAE: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.5.4 REST OF MIDDLE EAST
TABLE 199 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 200 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 201 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 202 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 203 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 204 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 205 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 206 REST OF MIDDLE EAST: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.6 REST OF THE WORLD
FIGURE 53 REST OF THE WORLD: ARMORED VEHICLES MARKET SNAPSHOT
TABLE 207 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 208 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 209 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 210 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 211 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 212 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 213 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 214 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 215 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 216 REST OF THE WORLD: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
13.6.1 LATIN AMERICA
13.6.1.1 Increasing acquisition of modern armored vehicles to drive growth
TABLE 217 LATIN AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 218 LATIN AMERICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 219 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 220 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 221 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 222 LATIN AMERICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 223 LATIN AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 224 LATIN AMERICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION) 204" "13.6.2 AFRICA
13.6.2.1 Rising demand for unmanned military ground vehicles to drive growth
TABLE 225 AFRICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2021–2023 (USD MILLION)
TABLE 226 AFRICA: ARMORED VEHICLES MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 227 AFRICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2021–2023 (USD MILLION)
TABLE 228 AFRICA: ARMORED VEHICLES MARKET, BY MOBILITY, 2024–2029 (USD MILLION)
TABLE 229 AFRICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2021–2023 (USD MILLION)
TABLE 230 AFRICA: ARMORED VEHICLES MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
TABLE 231 AFRICA: ARMORED VEHICLES MARKET, BY TYPE, 2021–2023 (USD MILLION)
TABLE 232 AFRICA: ARMORED VEHICLES MARKET, BY TYPE, 2024–2029 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 INTRODUCTION
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 233 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
14.3 RANKING ANALYSIS, 2023
FIGURE 54 MARKET RANKING OF KEY PLAYERS, 2023
14.4 MARKET SHARE ANALYSIS, 2023
FIGURE 55 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
14.5 REVENUE ANALYSIS, 2019–2023
FIGURE 56 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
TABLE 234 ARMORED VEHICLES MARKET: DEGREE OF COMPETITION
14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 57 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
14.6.5 COMPANY FOOTPRINT
14.6.5.1 Company footprint
FIGURE 58 COMPANY FOOTPRINT
14.6.5.2 Mobility footprint
TABLE 235 MOBILITY FOOTPRINT
14.6.5.3 Platform footprint
TABLE 236 PLATFORM FOOTPRINT
14.6.5.4 Region footprint
TABLE 237 REGION FOOTPRINT
14.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
FIGURE 59 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
14.7.5 COMPETITIVE BENCHMARKING
14.7.5.1 Key start-ups/SMEs
TABLE 238 KEY START-UPS/SMES
14.7.5.2 Competitive benchmarking of key start-ups/SMEs
TABLE 239 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
14.8 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 60 FINANCIAL METRICS OF PROMINENT PLAYERS, 2023
FIGURE 61 COMPANY VALUATION OF PROMINENT PLAYERS, 2023
14.9 BRAND/PRODUCT COMPARISON
FIGURE 62 BRAND/PRODUCT COMPARISON
14.10 COMPETITIVE SCENARIO AND TRENDS
14.10.1 MARKET EVALUATION FRAMEWORK
14.10.2 PRODUCT LAUNCHES
TABLE 240 ARMORED VEHICLES MARKET: PRODUCT LAUNCHES, 2020–2024
14.10.3 DEALS
TABLE 241 ARMORED VEHICLES MARKET: DEALS, 2020–2024
14.10.4 OTHERS
TABLE 242 ARMORED VEHICLES MARKET: OTHERS, 2020–2024
15 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 RHEINMETALL AG
TABLE 243 RHEINMETALL AG: COMPANY OVERVIEW
FIGURE 63 RHEINMETALL AG: COMPANY SNAPSHOT
TABLE 244 RHEINMETALL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 245 RHEINMETALL AG: PRODUCT LAUNCHES
TABLE 246 RHEINMETALL AG: DEALS
TABLE 247 RHEINMETALL AG: OTHERS
15.1.2 GENERAL DYNAMICS CORPORATION
TABLE 248 GENERAL DYNAMICS CORPORATION: COMPANY OVERVIEW
FIGURE 64 GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT
TABLE 249 GENERAL DYNAMICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250 GENERAL DYNAMICS CORPORATION: OTHERS
15.1.3 OSHKOSH CORPORATION
TABLE 251 OSHKOSH CORPORATION: COMPANY OVERVIEW
FIGURE 65 OSHKOSH CORPORATION: COMPANY SNAPSHOT
TABLE 252 OSHKOSH CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 253 OSHKOSH CORPORATION: OTHERS
15.1.4 BAE SYSTEMS
TABLE 254 BAE SYSTEMS: COMPANY OVERVIEW
FIGURE 66 BAE SYSTEMS: COMPANY SNAPSHOT
TABLE 255 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 256 BAE SYSTEMS: OTHERS
15.1.5 HANWHA GROUP
TABLE 257 HANWHA GROUP: COMPANY OVERVIEW
FIGURE 67 HANWHA GROUP: COMPANY SNAPSHOT
TABLE 258 HANWHA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 259 HANWHA GROUP: OTHERS
15.1.6 NORTHROP GRUMMAN
TABLE 260 NORTHROP GRUMMAN: COMPANY OVERVIEW
FIGURE 68 NORTHROP GRUMMAN: COMPANY SNAPSHOT
TABLE 261 NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 262 NORTHROP GRUMMAN: OTHERS
15.1.7 LOCKHEED MARTIN CORPORATION
TABLE 263 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
FIGURE 69 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 264 LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 265 LOCKHEED MARTIN CORPORATION: OTHERS
15.1.8 THALES
TABLE 266 THALES: COMPANY OVERVIEW
FIGURE 70 THALES: COMPANY SNAPSHOT
TABLE 267 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 THALES: OTHERS
15.1.9 L3HARRIS TECHNOLOGIES, INC.
TABLE 269 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 71 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 270 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 271 L3HARRIS TECHNOLOGIES, INC.: DEALS
TABLE 272 L3HARRIS TECHNOLOGIES, INC.: OTHERS
15.1.10 ST ENGINEERING
TABLE 273 ST ENGINEERING: COMPANY OVERVIEW
FIGURE 72 ST ENGINEERING: COMPANY SNAPSHOT
TABLE 274 ST ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 275 ST ENGINEERING: PRODUCT LAUNCHES
TABLE 276 ST ENGINEERING: DEALS
15.1.11 ELBIT SYSTEMS LTD.
TABLE 277 ELBIT SYSTEMS LTD.: COMPANY OVERVIEW
FIGURE 73 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 278 ELBIT SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 279 ELBIT SYSTEMS LTD.: OTHERS
15.1.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
TABLE 280 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
FIGURE 74 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 281 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.13 HYUNDAI ROTEM COMPANY
TABLE 282 HYUNDAI ROTEM COMPANY: COMPANY OVERVIEW
FIGURE 75 HYUNDAI ROTEM COMPANY: COMPANY SNAPSHOT
TABLE 283 HYUNDAI ROTEM COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 284 HYUNDAI ROTEM COMPANY: PRODUCT LAUNCHES
TABLE 285 HYUNDAI ROTEM COMPANY: OTHERS
15.1.14 TEXTRON INC.
TABLE 286 TEXTRON INC.: COMPANY OVERVIEW
FIGURE 76 TEXTRON INC.: COMPANY SNAPSHOT
TABLE 287 TEXTRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.15 OTOKAR OTOMOTIV VE SAVUNMA SANAYI
TABLE 288 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: COMPANY OVERVIEW
FIGURE 77 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: COMPANY SNAPSHOT
TABLE 289 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 290 OTOKAR OTOMOTIV VE SAVUNMA SANAYI: OTHERS
15.1.16 DENEL SOC LTD.
TABLE 291 DENEL SOC LTD.: COMPANY OVERVIEW
TABLE 292 DENEL SOC LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 293 DENEL SOC LTD.: DEALS
15.1.17 KNDS
TABLE 294 KNDS: COMPANY OVERVIEW
TABLE 295 KNDS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296 KNDS: DEALS
TABLE 297 KNDS: OTHERS
15.1.18 FNSS
TABLE 298 FNSS: COMPANY OVERVIEW
TABLE 299 FNSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 300 FNSS: PRODUCT LAUNCHES
TABLE 301 FNSS: OTHERS
15.1.19 CHINA NORTH INDUSTRIES CORPORATION (NORINCO)
TABLE 302 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): COMPANY OVERVIEW
TABLE 303 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 304 CHINA NORTH INDUSTRIES CORPORATION (NORINCO): PRODUCT LAUNCHES
15.1.20 RTX
TABLE 305 RTX: COMPANY OVERVIEW
FIGURE 78 RTX: COMPANY SNAPSHOT
TABLE 306 RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 307 RTX: OTHERS
15.1.21 IVECO DEFENCE VEHICLES
TABLE 308 IVECO DEFENCE VEHICLES: COMPANY OVERVIEW
TABLE 309 IVECO DEFENCE VEHICLES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 310 IVECO DEFENCE VEHICLES: PRODUCT LAUNCHES
TABLE 311 IVECO DEFENCE VEHICLES: DEALS
TABLE 312 IVECO DEFENCE VEHICLES: OTHERS
15.1.22 PARAMOUNT GROUP
TABLE 313 PARAMOUNT GROUP: COMPANY OVERVIEW
TABLE 314 PARAMOUNT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 315 PARAMOUNT GROUP: PRODUCT LAUNCHES
TABLE 316 PARAMOUNT GROUP: DEALS
TABLE 317 PARAMOUNT GROUP: OTHERS
15.2 OTHER PLAYERS
15.2.1 ARQUUS
TABLE 318 ARQUUS: COMPANY OVERVIEW
15.2.2 TATRA TRUCKS A.S.
TABLE 319 TATRA TRUCKS A.S.: COMPANY OVERVIEW
15.2.3 KALYANI STRATEGIC SYSTEMS LTD.
TABLE 320 KALYANI STRATEGIC SYSTEMS LTD.: COMPANY OVERVIEW
15.2.4 AM GENERAL
TABLE 321 AM GENERAL: COMPANY OVERVIEW
15.2.5 MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC
TABLE 322 MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC: COMPANY OVERVIEW
15.2.6 TATA ADVANCED SYSTEMS LIMITED
TABLE 323 TATA ADVANCED SYSTEMS LIMITED: COMPANY OVERVIEW
15.2.7 INKAS ARMORED VEHICLE MANUFACTURING
TABLE 324 INKAS ARMORED VEHICLE MANUFACTURING: COMPANY OVERVIEW
15.2.8 STREIT GROUP
TABLE 325 STREIT GROUP: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 ANNEXURE A: DEFENSE PROGRAM MAPPING
16.3 ANNEXURE B: COMPANY LISTED
16.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.5 CUSTOMIZATION OPTIONS
16.6 RELATED REPORTS
16.7 AUTHOR DETAILS
