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Global Armored Vehicles Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 03, 2025
Length 142 Pages
SKU # BOSS20301085

Description

Report Overview

The armored vehicles market encompasses a range of military and civilian vehicles designed with protective armor to withstand ballistic threats, explosions, and other hostile environments. These vehicles are categorized into combat vehicles (such as tanks, infantry fighting vehicles, and armored personnel carriers) and non-combat vehicles (including mine-resistant ambush-protected (MRAP) vehicles, armored trucks, and VIP transport vehicles). Technological advancements, such as modular armor systems, active protection systems, and hybrid-electric propulsion, are driving innovation in the sector. The market is influenced by geopolitical tensions, rising defense budgets, and increasing demand for border security and counter-terrorism operations. Key regions driving growth include North America, Europe, and Asia-Pacific, with major players focusing on modernization programs and export opportunities. Additionally, the civilian segment is expanding due to heightened security concerns among private entities and high-net-worth individuals. Sustainability and lightweight materials are emerging trends as manufacturers balance protection with fuel efficiency and mobility.

The global Armored Vehicles market size was estimated at USD 16932.8 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 1.62% during the forecast period.

This report provides a deep insight into the global Armored Vehicles market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Armored Vehicles Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Armored Vehicles market in any manner.

Global Armored Vehicles Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

General Dynamics Corporation (US)

BAE Systems Plc. (UK)

Textron Inc.(US)

Oshkosh Corporation (US)

Elbit Systems(Israel)

Thales Group (France)

Lockheed Martin (US)

Rheinmetall AG (Germany)

Denel Land Systems (South Africa)

Sabiex International (Belgium)

Diehl Defense (Germany)

Market Segmentation (by Type)

Armored Personnel Carrier (APC)

Infantry Fighting Vehicle (IFV)

Mine-resistant Ambush Protected (MRAP)

Main Battle Tank (MBT)

Other Types

Market Segmentation (by Application)

Military

Commercial

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Armored Vehicles Market

Overview of the regional outlook of the Armored Vehicles Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Armored Vehicles Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Armored Vehicles, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

142 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Armored Vehicles
1.2 Key Market Segments
1.2.1 Armored Vehicles Segment By Type
1.2.2 Armored Vehicles Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Armored Vehicles Market Overview
2.1 Global Market Overview
2.1.1 Global Armored Vehicles Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Armored Vehicles Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Armored Vehicles Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Armored Vehicles Product Life Cycle
3.3 Global Armored Vehicles Sales By Manufacturers (2020-2025)
3.4 Global Armored Vehicles Revenue Market Share By Manufacturers (2020-2025)
3.5 Armored Vehicles Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Armored Vehicles Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Armored Vehicles Market Competitive Situation And Trends
3.8.1 Armored Vehicles Market Concentration Rate
3.8.2 Global 5 And 10 Largest Armored Vehicles Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Armored Vehicles Industry Chain Analysis
4.1 Armored Vehicles Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Armored Vehicles Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Armored Vehicles Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Armored Vehicles Market
5.7 Esg Ratings Of Leading Companies
6 Armored Vehicles Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Armored Vehicles Sales Market Share By Type (2020-2025)
6.3 Global Armored Vehicles Market Size Market Share By Type (2020-2025)
6.4 Global Armored Vehicles Price By Type (2020-2025)
7 Armored Vehicles Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Armored Vehicles Market Sales By Application (2020-2025)
7.3 Global Armored Vehicles Market Size (M Usd) By Application (2020-2025)
7.4 Global Armored Vehicles Sales Growth Rate By Application (2020-2025)
8 Armored Vehicles Market Sales By Region
8.1 Global Armored Vehicles Sales By Region
8.1.1 Global Armored Vehicles Sales By Region
8.1.2 Global Armored Vehicles Sales Market Share By Region
8.2 Global Armored Vehicles Market Size By Region
8.2.1 Global Armored Vehicles Market Size By Region
8.2.2 Global Armored Vehicles Market Size Market Share By Region
8.3 North America
8.3.1 North America Armored Vehicles Sales By Country
8.3.2 North America Armored Vehicles Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Armored Vehicles Sales By Country
8.4.2 Europe Armored Vehicles Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Armored Vehicles Sales By Region
8.5.2 Asia Pacific Armored Vehicles Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Armored Vehicles Sales By Country
8.6.2 South America Armored Vehicles Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Armored Vehicles Sales By Region
8.7.2 Middle East And Africa Armored Vehicles Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Armored Vehicles Market Production By Region
9.1 Global Production Of Armored Vehicles By Region(2020-2025)
9.2 Global Armored Vehicles Revenue Market Share By Region (2020-2025)
9.3 Global Armored Vehicles Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Armored Vehicles Production
9.4.1 North America Armored Vehicles Production Growth Rate (2020-2025)
9.4.2 North America Armored Vehicles Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Armored Vehicles Production
9.5.1 Europe Armored Vehicles Production Growth Rate (2020-2025)
9.5.2 Europe Armored Vehicles Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Armored Vehicles Production (2020-2025)
9.6.1 Japan Armored Vehicles Production Growth Rate (2020-2025)
9.6.2 Japan Armored Vehicles Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Armored Vehicles Production (2020-2025)
9.7.1 China Armored Vehicles Production Growth Rate (2020-2025)
9.7.2 China Armored Vehicles Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 General Dynamics Corporation (Us)
10.1.1 General Dynamics Corporation (Us) Basic Information
10.1.2 General Dynamics Corporation (Us) Armored Vehicles Product Overview
10.1.3 General Dynamics Corporation (Us) Armored Vehicles Product Market Performance
10.1.4 General Dynamics Corporation (Us) Business Overview
10.1.5 General Dynamics Corporation (Us) Swot Analysis
10.1.6 General Dynamics Corporation (Us) Recent Developments
10.2 Bae Systems Plc. (Uk)
10.2.1 Bae Systems Plc. (Uk) Basic Information
10.2.2 Bae Systems Plc. (Uk) Armored Vehicles Product Overview
10.2.3 Bae Systems Plc. (Uk) Armored Vehicles Product Market Performance
10.2.4 Bae Systems Plc. (Uk) Business Overview
10.2.5 Bae Systems Plc. (Uk) Swot Analysis
10.2.6 Bae Systems Plc. (Uk) Recent Developments
10.3 Textron Inc.(Us)
10.3.1 Textron Inc.(Us) Basic Information
10.3.2 Textron Inc.(Us) Armored Vehicles Product Overview
10.3.3 Textron Inc.(Us) Armored Vehicles Product Market Performance
10.3.4 Textron Inc.(Us) Business Overview
10.3.5 Textron Inc.(Us) Swot Analysis
10.3.6 Textron Inc.(Us) Recent Developments
10.4 Oshkosh Corporation (Us)
10.4.1 Oshkosh Corporation (Us) Basic Information
10.4.2 Oshkosh Corporation (Us) Armored Vehicles Product Overview
10.4.3 Oshkosh Corporation (Us) Armored Vehicles Product Market Performance
10.4.4 Oshkosh Corporation (Us) Business Overview
10.4.5 Oshkosh Corporation (Us) Recent Developments
10.5 Elbit Systems(Israel)
10.5.1 Elbit Systems(Israel) Basic Information
10.5.2 Elbit Systems(Israel) Armored Vehicles Product Overview
10.5.3 Elbit Systems(Israel) Armored Vehicles Product Market Performance
10.5.4 Elbit Systems(Israel) Business Overview
10.5.5 Elbit Systems(Israel) Recent Developments
10.6 Thales Group (France)
10.6.1 Thales Group (France) Basic Information
10.6.2 Thales Group (France) Armored Vehicles Product Overview
10.6.3 Thales Group (France) Armored Vehicles Product Market Performance
10.6.4 Thales Group (France) Business Overview
10.6.5 Thales Group (France) Recent Developments
10.7 Lockheed Martin (Us)
10.7.1 Lockheed Martin (Us) Basic Information
10.7.2 Lockheed Martin (Us) Armored Vehicles Product Overview
10.7.3 Lockheed Martin (Us) Armored Vehicles Product Market Performance
10.7.4 Lockheed Martin (Us) Business Overview
10.7.5 Lockheed Martin (Us) Recent Developments
10.8 Rheinmetall Ag (Germany)
10.8.1 Rheinmetall Ag (Germany) Basic Information
10.8.2 Rheinmetall Ag (Germany) Armored Vehicles Product Overview
10.8.3 Rheinmetall Ag (Germany) Armored Vehicles Product Market Performance
10.8.4 Rheinmetall Ag (Germany) Business Overview
10.8.5 Rheinmetall Ag (Germany) Recent Developments
10.9 Denel Land Systems (South Africa)
10.9.1 Denel Land Systems (South Africa) Basic Information
10.9.2 Denel Land Systems (South Africa) Armored Vehicles Product Overview
10.9.3 Denel Land Systems (South Africa) Armored Vehicles Product Market Performance
10.9.4 Denel Land Systems (South Africa) Business Overview
10.9.5 Denel Land Systems (South Africa) Recent Developments
10.10 Sabiex International (Belgium)
10.10.1 Sabiex International (Belgium) Basic Information
10.10.2 Sabiex International (Belgium) Armored Vehicles Product Overview
10.10.3 Sabiex International (Belgium) Armored Vehicles Product Market Performance
10.10.4 Sabiex International (Belgium) Business Overview
10.10.5 Sabiex International (Belgium) Recent Developments
10.11 Diehl Defense (Germany)
10.11.1 Diehl Defense (Germany) Basic Information
10.11.2 Diehl Defense (Germany) Armored Vehicles Product Overview
10.11.3 Diehl Defense (Germany) Armored Vehicles Product Market Performance
10.11.4 Diehl Defense (Germany) Business Overview
10.11.5 Diehl Defense (Germany) Recent Developments
11 Armored Vehicles Market Forecast By Region
11.1 Global Armored Vehicles Market Size Forecast
11.2 Global Armored Vehicles Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Armored Vehicles Market Size Forecast By Country
11.2.3 Asia Pacific Armored Vehicles Market Size Forecast By Region
11.2.4 South America Armored Vehicles Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Armored Vehicles By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Armored Vehicles Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Armored Vehicles By Type (2026-2033)
12.1.2 Global Armored Vehicles Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Armored Vehicles By Type (2026-2033)
12.2 Global Armored Vehicles Market Forecast By Application (2026-2033)
12.2.1 Global Armored Vehicles Sales (K Units) Forecast By Application
12.2.2 Global Armored Vehicles Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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