Armored Vehicles Market by Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Ground Vehicles), Mobility (Wheeled, Tracked), Propulsion (Conventional, Electric), System, Operation Mode, Point of Sale and Region - Global Forecast to 2030

The armored vehicles market is estimated at USD 51.6 billion in 2025 and is projected to reach USD 60.7 billion by 2030 at a CAGR of 3.3% from 2025 to 2030. 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 toward 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 2025.""

Conventional armored vehicles are estimated to hold the largest market of the armored vehicles market because of their established utility, extensive use, and continuous upgrading. They make up the backbone of mechanized ground forces with their facilitating capabilities in firepower, mobility, and protection for offense and defense operations.

Even with the introduction of drones and hybrid platforms, traditional armored vehicles are still crucial in combined arms and high-intensity combat, where kinetic effectiveness and survivability are a top priority. The continuing investments of principal military forces in fleet refurbishment—through enhanced armor, active protection packages, digital fire control, and networked battle management—are prolonging the service and shelf life of these systems. European, Asian, and Middle Eastern countries are procuring or modernizing conventional systems to counter evolving threats, particularly against the backdrop of increasing geopolitical tensions and shifting defense needs. These programs include the US Army M1A2 SEP upgrades, the Polish procurement of the K2 tank, and NATO's emphasis on tracked mobility to further this trend.

""Based on platform, the combat vehicles segment is estimated to have the largest market share in 2025.""

Combat vehicles are expected to lead the armored vehicles market since they are the frontline edge of combat, force projection, and battlefield superiority. Main battle tanks (MBTs), infantry fighting vehicles (IFVs), and armored assault and reconnaissance vehicles are all part of this segment and are essential to modern land warfare doctrine. They are the model force-projection vehicle balance of firepower, defense, and mobility, allowing forces to be offensive or defensive in traditional and hybrid war environments.

The renewed red-hot fighting, as with that ongoing in Ukraine, has revalidated the utility of armored combat vehicles in their role of attacking heavily defended positions, assisting infantry, and securing control of territory. Hence, countries are investing quickly in either refurbishing older combat fleets or procuring next-generation systems with active defense systems, networked command systems, and modular, packaged armor.

""The Asia Pacific region is estimated to capture a significant market share in 2025.""

The Asia Pacific region is estimated to be a major armored vehicles market due to increased defense spending, regional competition, and enormous modernization initiatives. China, India, South Korea, Australia, and Japan are all leading countries actively building and improving their ground forces to respond to a wide range of conventional and unconventional threats. It includes strengthening perimeter defenses, developing rapid deployment capabilities, and gearing up for expected high-intensity combat environments.

The constant border conflicts in the South China Sea, increased border tensions along the India-China and Korean Peninsula borders, and strategic positioning by China's military expansion have encouraged many countries in the region to invest in MBTs, IFVs, and wheeled armored vehicles. Projects such as India's Future Infantry Combat Vehicle (FICV), Australia's LAND 400, and South Korea's K2 export programs are driving local production as well as global cooperation.

Furthermore, the Asia Pacific region is emerging as a manufacturing and export hub, with countries such as South Korea and India entering international markets through defense cooperation and technology transfer.

Breakdown of Primary Interviews

The breakdown of the profile of primary participants in the armored vehicles market is as follows:

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%, and the Rest of the World (RoW) – 5%

Major companies profiled in the report include Rheinmetall AG (Germany), General Dynamics Corporation (US), Oshkosh Corporation (US), BAE Systems (UK), and Hanwha Defense (South Korea), among others.

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 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 will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.

The armored vehicles market experiences growth and evolution driven by various factors. Rising geopolitical tensions and terrorism are compelling countries to enhance defense capabilities, fueling demand for armored vehicles. Global military modernization programs aiming to replace aging fleets with advanced technology-equipped vehicles are further driving the market. The report provides insights into the following points:

• 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 and 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 and high costs of main battle tanks)
• Market Penetration: Comprehensive information on armored vehicles offered by the top players in the market
• Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product launches in the armored vehicles market
• Market Development: Comprehensive information about lucrative markets (the report analyzes 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

Tables List

Table 1 Inclusions And Exclusions

Table 2 Usd Exchange Rates

Table 3 Role Of Companies In Ecosystem

Table 4 Active Fleet Volume Of Main Battle Tanks, By Country,

2020–2030 (Units)

Table 5 Active Fleet Volume Of Combat Support Vehicles, By Country,

2020–2030 (Units)

Table 6 Active Fleet Volume Of Combat Vehicles, By Country, 2020–2030 (Units)

Table 7 Indicative Pricing Analysis Of Armored Vehicles, By Platform, 2024

Table 8 Average Selling Price Range Of Main Battle Tanks, 2024 (Usd Million)

Table 9 Average Selling Price Range Of Infantry Fighting Vehicles,

2024 (Usd Million)

Table 10 Average Selling Price Range Of Armored Personnel Carriers,

2024 (Usd Million)

Table 11 Average Selling Price Range Of Mine-resistant Ambush- Protected Vehicles, 2024 (Usd Million)

Table 12 Average Selling Price Range Of Light-protected Vehicles,

2024 (Usd Million)

Table 13 Average Selling Price Range Of Self-propelled Howitzers,

2024 (Usd Million)

Table 14 Influence Of Stakeholders On Buying Process Of Armored Vehicles,

By Mode Of Operation (%)

Table 15 Key Buying Criteria For Armored Vehicles, By Platform

Table 16 Key Conferences And Events, 2024–2025

Table 17 Export Data, By Region, 2021–2024

Table 18 Import Data, By Region, 2021–2024

Table 19 Total Cost Of Ownership Of Main Battle Tanks

Table 20 Business Models Of Armored Vehicles Market

Table 21 North America: Regulatory Bodies, Government Agencies, And Other Organizations

Table 22 Europe: Regulatory Bodies, Government Agencies, And Other Organizations

Table 23 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations

Table 24 Middle East: Regulatory Bodies, Government Agencies, And Other Organizations

Table 25 Rest Of The World: Regulatory Bodies, Government Agencies, And Other Organizations

Table 26 Venture Capital For Unmanned Ground Vehicles,

2021–2023 (Usd Million)

Table 27 Us Adjusted Reciprocal Tariff Rates

Table 28 Key Product-related Tariff Effective For Armored Vehicles Market

Table 29 Expected Change In Prices And Likely Impact On End-use Markets

Due To Tariff Impact

Table 30 Patent Analysis

Table 31 Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 32 Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 33 Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 34 Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 35 Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 36 Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 37 Armored Vehicles Market, By Wheeled Mobility,

2021–2024 (Usd Million)

Table 38 Armored Vehicles Market, By Wheeled Mobility,

2025–2030 (Usd Million)

Table 39 Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 40 Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 41 Types Of Unmanned Armored Vehicles

Table 42 Armored Vehicles Market, By System, 2021–2024 (Usd Million)

Table 43 Armored Vehicles Market, By System, 2025–2030 (Usd Million)

Table 44 Armored Vehicles Market, By Point Of Sale, 2021–2024 (Usd Million)

Table 45 Armored Vehicles Market, By Point Of Sale, 2025–2030 (Usd Million)

Table 46 Armored Vehicles Market, By Region, 2021–2024 (Usd Million)

Table 47 Armored Vehicles Market, By Region, 2025–2030 (Usd Million)

Table 48 North America: Armored Vehicles Market, By Country,

2021–2024 (Usd Million)

Table 49 North America: Armored Vehicles Market, By Country,

2025–2030 (Usd Million)

Table 50 North America: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 51 North America: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 52 North America: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 53 North America: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 54 North America: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 55 North America: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 56 North America: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 57 North America: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 58 Us: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 59 Us: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 60 Us: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 61 Us: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 62 Us: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 63 Us: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 64 Us: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 65 Us: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 66 Canada: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 67 Canada: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 68 Canada: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 69 Canada: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 70 Canada: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 71 Canada: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 72 Canada: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 73 Canada: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 74 Europe: Armored Vehicles Market, By Country, 2021–2024 (Usd Million)

Table 75 Europe: Armored Vehicles Market, By Country, 2025–2030 (Usd Million)

Table 76 Europe: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 77 Europe: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 78 Europe: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 79 Europe: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 80 Europe: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 81 Europe: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 82 Europe: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 83 Europe: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 84 Uk: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 85 Uk: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 86 Uk: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 87 Uk: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 88 Uk: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 89 Uk: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 90 Uk: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 91 Uk: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 92 Germany: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 93 Germany: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 94 Germany: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 95 Germany: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 96 Germany: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 97 Germany: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 98 Germany: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 99 Germany: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 100 France: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 101 France: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 102 France: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 103 France: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 104 France: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 105 France: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 106 France: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 107 France: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 108 Poland: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 109 Poland: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 110 Poland: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 111 Poland: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 112 Poland: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 113 Poland: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 114 Poland: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 115 Poland: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 116 Rest Of Europe: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 117 Rest Of Europe: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 118 Rest Of Europe: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 119 Rest Of Europe: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 120 Rest Of Europe: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 121 Rest Of Europe: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 122 Rest Of Europe: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 123 Rest Of Europe: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 124 Asia Pacific: Armored Vehicles Market, By Country,

2021–2024 (Usd Million)

Table 125 Asia Pacific: Armored Vehicles Market, By Country,

2025–2030 (Usd Million)

Table 126 Asia Pacific: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 127 Asia Pacific: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 128 Asia Pacific: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 129 Asia Pacific: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 130 Asia Pacific: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 131 Asia Pacific: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 132 Asia Pacific: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 133 Asia Pacific: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 134 India: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 135 India: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 136 India: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 137 India: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 138 India: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 139 India: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 140 India: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 141 India: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 142 Japan: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 143 Japan: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 144 Japan: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 145 Japan: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 146 Japan: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 147 Japan: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 148 Japan: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 149 Japan: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 150 Australia: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 151 Australia: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 152 Australia: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 153 Australia: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 154 Australia: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 155 Australia: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 156 Australia: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 157 Australia: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 158 South Korea: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 159 South Korea: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 160 South Korea: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 161 South Korea: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 162 South Korea: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 163 South Korea: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 164 South Korea: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 165 South Korea: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 166 Rest Of Asia Pacific: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 167 Rest Of Asia Pacific: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 168 Rest Of Asia Pacific: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 169 Rest Of Asia Pacific: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 170 Rest Of Asia Pacific: Armored Vehicles Market, By Mode Of Operation, 2021–2024 (Usd Million)

Table 171 Rest Of Asia Pacific: Armored Vehicles Market, By Mode Of Operation, 2025–2030 (Usd Million)

Table 172 Rest Of Asia Pacific: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 173 Rest Of Asia Pacific: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 174 Middle East: Armored Vehicles Market, By Country,

2021–2024 (Usd Million)

Table 175 Middle East: Armored Vehicles Market, By Country,

2025–2030 (Usd Million)

Table 176 Middle East: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 177 Middle East: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 178 Middle East: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 179 Middle East: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 180 Middle East: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 181 Middle East: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 182 Middle East: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 183 Middle East: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 184 Saudi Arabia: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 185 Saudi Arabia: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 186 Saudi Arabia: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 187 Saudi Arabia: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 188 Saudi Arabia: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 189 Saudi Arabia: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 190 Saudi Arabia: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 191 Saudi Arabia: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 192 Uae: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 193 Uae: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 194 Uae: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 195 Uae: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 196 Uae: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 197 Uae: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 198 Uae: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 199 Uae: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 200 Rest Of Middle East: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 201 Rest Of Middle East: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 202 Rest Of Middle East: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 203 Rest Of Middle East: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 204 Rest Of Middle East: Armored Vehicles Market, By Mode Of Operation, 2021–2024 (Usd Million)

Table 205 Rest Of Middle East: Armored Vehicles Market, By Mode Of Operation, 2025–2030 (Usd Million)

Table 206 Rest Of Middle East: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 207 Rest Of Middle East: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 208 Rest Of The World: Armored Vehicles Market, By Country,

2021–2024 (Usd Million)

Table 209 Rest Of The World: Armored Vehicles Market, By Country,

2025–2030 (Usd Million)

Table 210 Rest Of The World: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 211 Rest Of The World: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 212 Rest Of The World: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 213 Rest Of The World: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 214 Rest Of The World: Armored Vehicles Market, By Mode Of Operation, 2021–2024 (Usd Million)

Table 215 Rest Of The World: Armored Vehicles Market, By Mode Of Operation, 2025–2030 (Usd Million)

Table 216 Rest Of The World: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 217 Rest Of The World: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 218 Latin America: Armored Vehicles Market, By Platform,

2021–2024 (Usd Million)

Table 219 Latin America: Armored Vehicles Market, By Platform,

2025–2030 (Usd Million)

Table 220 Latin America: Armored Vehicles Market, By Mobility,

2021–2024 (Usd Million)

Table 221 Latin America: Armored Vehicles Market, By Mobility,

2025–2030 (Usd Million)

Table 222 Latin America: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 223 Latin America: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 224 Latin America: Armored Vehicles Market, By Type,

2021–2024 (Usd Million)

Table 225 Latin America: Armored Vehicles Market, By Type,

2025–2030 (Usd Million)

Table 226 Africa: Armored Vehicles Market, By Platform, 2021–2024 (Usd Million)

Table 227 Africa: Armored Vehicles Market, By Platform, 2025–2030 (Usd Million)

Table 228 Africa: Armored Vehicles Market, By Mobility, 2021–2024 (Usd Million)

Table 229 Africa: Armored Vehicles Market, By Mobility, 2025–2030 (Usd Million)

Table 230 Africa: Armored Vehicles Market, By Mode Of Operation,

2021–2024 (Usd Million)

Table 231 Africa: Armored Vehicles Market, By Mode Of Operation,

2025–2030 (Usd Million)

Table 232 Africa: Armored Vehicles Market, By Type, 2021–2024 (Usd Million)

Table 233 Africa: Armored Vehicles Market, By Type, 2025–2030 (Usd Million)

Table 234 Key Player Strategies/Right To Win, 2021–2024

Table 235 Armored Vehicles Market: Degree Of Competition

Table 236 Armored Vehicles Market: Mobility Footprint

Table 237 Armored Vehicles Market: Platform Footprint

Table 238 Armored Vehicles Market: Region Footprint

Table 239 Armored Vehicles Market: Key Start-ups/Smes

Table 240 Armored Vehicles Market: Competitive Benchmarking Of

Key Start-ups/Smes

Table 241 Armored Vehicles Market: Product Launches, January 2020–may 2025

Table 242 Armored Vehicles Market: Deals, January 2020–may 2025

Table 243 Armored Vehicles Market: Others, January 2020–may 2025

Table 244 Rheinmetall Ag: Company Overview

Table 245 Rheinmetall Ag: Products/Solutions/Services Offered

Table 246 Rheinmetall Ag: Product Launches

Table 247 Rheinmetall Ag: Deals

Table 248 Rheinmetall Ag: Others

Table 249 General Dynamics Corporation: Company Overview

Table 250 General Dynamics Corporation: Products/Solutions/Services Offered

Table 251 General Dynamics Corporation: Others

Table 252 Oshkosh Corporation: Company Overview

Table 253 Oshkosh Corporation: Products/Solutions/Services Offered

Table 254 Oshkosh Corporation: Others

Table 255 Bae Systems: Company Overview

Table 256 Bae Systems: Products/Solutions/Services Offered

Table 257 Bae Systems: Others

Table 258 Hanwha Group: Company Overview

Table 259 Hanwha Group: Products/Solutions/Services Offered

Table 260 Hanwha Group: Others

Table 261 Northrop Grumman: Company Overview

Table 262 Northrop Grumman: Products/Solutions/Services Offered

Table 263 Northrop Grumman: Others

Table 264 Lockheed Martin Corporation: Company Overview

Table 265 Lockheed Martin Corporation: Products/Solutions/Services Offered

Table 266 Lockheed Martin Corporation: Others

Table 267 Thales: Company Overview

Table 268 Thales: Products/Solutions/Services Offered

Table 269 Thales: Others

Table 270 L3harris Technologies, Inc.: Company Overview

Table 271 L3harris Technologies, Inc.: Products/Solutions/Services Offered

Table 272 L3harris Technologies, Inc.: Deals

Table 273 L3harris Technologies, Inc.: Others

Table 274 St Engineering: Company Overview

Table 275 St Engineering: Products/Solutions/Services Offered

Table 276 St Engineering: Product Launches

Table 277 St Engineering: Deals

Table 278 Elbit Systems Ltd.: Company Overview

Table 279 Elbit Systems Ltd.: Products/Solutions/Services Offered

Table 280 Elbit Systems Ltd.: Others

Table 281 Mitsubishi Heavy Industries, Ltd.: Company Overview

Table 282 Mitsubishi Heavy Industries, Ltd.: Products/Solutions/

Services Offered

Table 283 Mitsubishi Heavy Industries, Ltd.: Others

Table 284 Hyundai Rotem Company: Company Overview

Table 285 Hyundai Rotem Company: Products/Solutions/Services Offered

Table 286 Hyundai Rotem Company: Product Launches

Table 287 Hyundai Rotem Company: Others

Table 288 Textron Inc.: Company Overview

Table 289 Textron Inc.: Products/Solutions/Services Offered

Table 290 Otokar Otomotiv Ve Savunma Sanayi: Company Overview

Table 291 Otokar Otomotiv Ve Savunma Sanayi: Products/Solutions/

Services Offered

Table 292 Otokar Otomotiv Ve Savunma Sanayi: Others

Table 293 Denel Soc Ltd.: Company Overview

Table 294 Denel Soc Ltd.: Products/Solutions/Services Offered

Table 295 Denel Soc Ltd.: Deals

Table 296 Knds: Company Overview

Table 297 Knds: Products/Solutions/Services Offered

Table 298 Knds: Deals

Table 299 Knds: Others

Table 300 Fnss: Company Overview

Table 301 Fnss: Products/Solutions/Services Offered

Table 302 Fnss: Product Launches

Table 303 Fnss: Others

Table 304 China North Industries Corporation (Norinco): Company Overview

Table 305 China North Industries Corporation (Norinco): Products/Solutions/Services Offered

Table 306 China North Industries Corporation (Norinco): Product Launches

Table 307 Rtx: Company Overview

Table 308 Rtx: Products/Solutions/Services Offered

Table 309 Rtx: Others

Table 310 Iveco Defence Vehicles: Company Overview

Table 311 Iveco Defence Vehicles: Products/Solutions/Services Offered

Table 312 Iveco Defence Vehicles: Product Launches

Table 313 Iveco Defence Vehicles: Deals

Table 314 Iveco Defence Vehicles: Others

Table 315 Paramount Group: Company Overview

Table 316 Paramount Group: Products/Solutions/Services Offered

Table 317 Paramount Group: Product Launches

Table 318 Paramount Group: Deals

Table 319 Paramount Group: Others

Table 320 Arquus: Company Overview

Table 321 Tatra Trucks A.S.: Company Overview

Table 322 Kalyani Strategic Systems Ltd.: Company Overview

Table 323 Am General: Company Overview

Table 324 Mahindra Emirates Vehicle Armouring Fz Llc: Company Overview

Table 325 Tata Advanced Systems Limited: Company Overview

Table 326 Inkas Armored Vehicle Manufacturing: Company Overview

Table 327 Streit Group: Company Overview

Figures List

Figure 1 Armored Vehicles Market Segmentation

Figure 2 Report Process Flow

Figure 3 Research Design

Figure 4 Bottom-up Approach

Figure 5 Top-down Approach

Figure 6 Data Triangulation

Figure 7 Combat Vehicles To Be Largest Segment During Forecast Period

Figure 8 Wheeled Segment To Hold Larger Market Share

During Forecast Period

Figure 9 Unmanned To Be Faster-growing Segment During Forecast Period

Figure 10 Electric Armored Vehicles To Exhibit Faster Growth

During Forecast Period

Figure 11 Europe To Be Largest Market For Armored Vehicles

During Forecast Period

Figure 12 Need For Border Security And Maritime Patrolling To Drive Growth

Figure 13 Combat Vehicles To Secure Leading Market Share

During Forecast Period

Figure 14 Wheeled Segment To Lead Market During Forecast Period

Figure 15 Manned Segment To Acquire Maximum Market Share In 2030

Figure 16 Conventional Armored Vehicles To Surpass Electric Armored Vehicles During Forecast Period

Figure 17 Armored Vehicles Market: Drivers, Restraints, Opportunities,

And Challenges

Figure 18 Top 10 Defense Spenders, 2020–2030

Figure 19 Trends And Disruptions Impacting Customers’ Businesses

Figure 20 Ecosystem Analysis

Figure 21 Indicative Pricing Analysis Of Armored Vehicles, By Platform, 2024

Figure 22 Value Chain Analysis

Figure 23 Evolution Of Key Technologies

Figure 24 Emerging Trends Related To Armored Vehicles

Figure 25 Influence Of Stakeholders On Buying Process Of Armored Vehicles,

By Mode Of Operation

Figure 26 Key Buying Criteria For Armored Vehicles, By Platform

Figure 27 Export Data, By Country, 2021–2024

Figure 28 Import Data, By Region, 2020–2022

Figure 29 Bill Of Materials For Armored Vehicles

Figure 30 Bill Of Materials For Main Battle Tanks

Figure 31 Bill Of Materials For Armored Personnel Carriers

Figure 32 Bill Of Materials For Infantry Fighting Vehicles

Figure 33 Total Cost Of Ownership Of Armored Vehicles

Figure 34 Percentage Breakdown Of Total Cost Of Ownership

 

Figure 35 Business Models In Armored Vehicles Market

Figure 36 Venture Capital For Unmanned Ground Vehicles

Figure 37 Ai Landscape

Figure 38 Impact Of Ai On Defense Industry

Figure 39 Adoption Of Ai In Military By Top Countries

Figure 40 Impact Of Ai On Armored Vehicles Market

Figure 41 Macroeconomic Outlook For North America, Europe,

Asia Pacific, And Middle East

Figure 42 Macroeconomic Outlook For Rest Of The World

Figure 43 Technology Trends

Figure 44 Supply Chain Analysis

Figure 45 Patent Analysis, 2014–2024

Figure 46 Armored Vehicles Market, By Platform, 2025–2030

Figure 47 Armored Vehicles Market, By Type, 2025–2030

Figure 48 Armored Vehicles Market, By Mobility, 2025–2030

Figure 49 Armored Vehicles Market, By Mode Of Operation, 2025–2030

Figure 50 Armored Vehicles Market, By System, 2025–2030

Figure 51 Armored Vehicles Market, By Mode Of Operation, 2025–2030

Figure 52 Armored Vehicles Market, By Region, 2025–2030

Figure 53 North America: Armored Vehicles Market Snapshot

Figure 54 Europe: Armored Vehicles Market Snapshot

Figure 55 Asia Pacific: Armored Vehicles Market Snapshot

Figure 56 Middle East: Armored Vehicles Market Snapshot

Figure 57 Rest Of The World: Armored Vehicles Market Snapshot

Figure 58 Market Share Analysis Of Key Players, 2024

Figure 59 Revenue Analysis Of Top 5 Players, 2021–2024

Figure 60 Company Evaluation Matrix (Key Players), 2024

Figure 61 Armored Vehicles Market: Company Footprint

Figure 62 Company Evaluation Matrix (Start-ups/Smes), 2023

Figure 63 Financial Metrics Of Prominent Players, 2024

Figure 64 Company Valuation Of Prominent Players, 2024

Figure 65 Brand/Product Comparison

Figure 66 Rheinmetall Ag: Company Snapshot

Figure 67 General Dynamics Corporation: Company Snapshot

Figure 68 Oshkosh Corporation: Company Snapshot

Figure 69 Bae Systems: Company Snapshot

Figure 70 Hanwha Group: Company Snapshot

Figure 71 Northrop Grumman: Company Snapshot

Figure 72 Lockheed Martin Corporation: Company Snapshot

Figure 73 Thales: Company Snapshot

Figure 74 L3harris Technologies, Inc.: Company Snapshot

 

Figure 75 St Engineering: Company Snapshot

Figure 76 Elbit Systems Ltd.: Company Snapshot

Figure 77 Mitsubishi Heavy Industries, Ltd.: Company Snapshot

Figure 78 Hyundai Rotem Company: Company Snapshot

Figure 79 Textron Inc.: Company Snapshot

Figure 80 Otokar Otomotiv Ve Savunma Sanayi: Company Snapshot

Figure 81 Rtx: Company Snapshot