Global Armoured Infantry Fighting Vehicle(AIFV) Market Growth 2025-2031

The global Armoured Infantry Fighting Vehicle(AIFV) market size is predicted to grow from US$ 7551 million in 2025 to US$ 9928 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

An armoured infantry fighting vehicle (AIFV) is a highly mobile, heavily armored combat vehicle designed specifically for infantry combat, integrating robust firepower, strong armor protection, and superior cross-country capability. Its tracked drive system provides stable support and enhanced maneuverability over rough terrain compared to wheeled vehicles, ensuring high-speed travel and control in slippery or uneven conditions. The design prioritizes the protection of crew members from enemy fire and threats such as mines, while also offering sufficient firepower support for dismounted infantry, enabling them to engage in combat with effective vehicle cover. The tracked structure also distributes impact pressure, reducing the risk of injury to personnel inside, ensuring rapid deployment and flexible combat capabilities on the battlefield.

United States market for Armoured Infantry Fighting Vehicle(AIFV) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Armoured Infantry Fighting Vehicle(AIFV) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Armoured Infantry Fighting Vehicle(AIFV) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Armoured Infantry Fighting Vehicle(AIFV) players cover KNDS Deutschland Tracks, Rheinmetall, Food Machinery and Chemical, Santa Bárbara Sistemas（Pizarro）, BAE System, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Armoured Infantry Fighting Vehicle(AIFV) Industry Forecast” looks at past sales and reviews total world Armoured Infantry Fighting Vehicle(AIFV) sales in 2024, providing a comprehensive analysis by region and market sector of projected Armoured Infantry Fighting Vehicle(AIFV) sales for 2025 through 2031. With Armoured Infantry Fighting Vehicle(AIFV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Armoured Infantry Fighting Vehicle(AIFV) industry.

This Insight Report provides a comprehensive analysis of the global Armoured Infantry Fighting Vehicle(AIFV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Armoured Infantry Fighting Vehicle(AIFV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Armoured Infantry Fighting Vehicle(AIFV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Armoured Infantry Fighting Vehicle(AIFV) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Armoured Infantry Fighting Vehicle(AIFV).

This report presents a comprehensive overview, market shares, and growth opportunities of Armoured Infantry Fighting Vehicle(AIFV) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single Pin Track System
Double Pin Track System
Rubber-metal Track System

Segmentation by Application:
Amphibious
Airborne

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
KNDS Deutschland Tracks
Rheinmetall
Food Machinery and Chemical
Santa Bárbara Sistemas（Pizarro）
BAE System
Elbit Systems
Lockheed Martin
Inner Mongolia First Machinery Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Armoured Infantry Fighting Vehicle(AIFV) market?

What factors are driving Armoured Infantry Fighting Vehicle(AIFV) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Armoured Infantry Fighting Vehicle(AIFV) market opportunities vary by end market size?

How does Armoured Infantry Fighting Vehicle(AIFV) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.