The France Armored Vehicle market was valued at $2,040.4 Million in 2025, and is projected to reach $2,435.4 Million by 2032 growing at a CAGR of 2.60% from 2026 to 2032. MBT segment is expected to be the highest contributor to this market, with $619.7 Million in 2025, and is anticipated to reach $743.8 Million by 2032, registering a CAGR of 2.68%. APC segment is anticipated to reach $334.7 Million by 2032 with the highest CAGR of 2.95%. MBT and IFV segments collectively expected to account for about 55.0% share of the France Armored Vehicle market in 2025, with the former constituting around 30.4% share. APC and MBT segments are expected to witness significant growth rates at a CAGR of 2.95% and 2.68% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 43.8% in the overall France Armored Vehicle market in 2025, and is anticipated to reach 44.3% by 2032.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook