The Rest of RoW Armored Vehicle market was valued at $2,403.0 Million in 2025, and is projected to reach $2,480.1 Million by 2032 growing at a CAGR of 0.49% from 2026 to 2032. MBT segment is expected to be the highest contributor to this market, with $701.3 Million in 2025, and is anticipated to reach $778.0 Million by 2032, registering a CAGR of 1.52%. MBT and IFV segments collectively expected to account for about 54.5% share of the Rest of RoW Armored Vehicle market in 2025, with the former constituting around 29.2% share. MBT and MRAP segments are expected to witness significant growth rates at a CAGR of 1.52% and 0.60% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 41.8% in the overall Rest of RoW Armored Vehicle market in 2025, and is anticipated to reach 44.0% by 2032.
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