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The military armored vehicles and counter-IED vehicles market is forecasted to grow by USD 10.22 billion during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the military armored vehicles and counter-IED vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by asymmetric warfare leading to procurement of arsenal, upgrade of defense capabilities to counter emerging security threats, and ongoing digitization of battlefield operations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The military armored vehicles and counter-IED vehicles market is segmented as below:
By Product
- Infantry fighting vehicle (IFV)
- Armored personnel carrier (APC)
- Main battle tank (MBT)
- Self-propelled howitzer (SPH)
- Others
By Mobility Type
- Wheeled
- Tracked
By Application
- National defense
- Homeland security
By Geographical Landscape
- APAC
- North America
- Middle East and Africa
- Europe
- South America
The report on the military armored vehicles and counter-IED vehicles market covers the following areas:
- Military Armored Vehicles And Counter-IED Vehicles Market sizing
- Military Armored Vehicles And Counter-IED Vehicles Market forecast
- Military Armored Vehicles And Counter-IED Vehicles Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Mobility Type
10 Market Segmentation by Application
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global military armored vehicles and counter-IED vehicles market: AB Volvo, Alpine Armoring Inc., BAE Systems PLC, Denel SOC Ltd., General Dynamics Corp., Hyundai Motor Co., International Armored Group, KNDS N.V., Lockheed Martin Corp., Milkor Pty Ltd., NORINCOGROUP.com Inc., Northrop Grumman Corp., Oshkosh Corp., Renault SAS, Rheinmetall AG, Rostec, SAUDI GROUPS, SVI ENGINEERING, STREIT Group, and Traton SE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of hybrid drivetrains in MRAPs."
According to the report, one of the major drivers for this market is the asymmetric warfare leading to procurement of arsenal.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Alpine Armoring Inc.
- BAE Systems Plc
- Denel SOC Ltd.
- General Dynamics Corp.
- Hyundai Motor Co.
- International Armored Group
- KNDS N.V.
- Lockheed Martin Corp.
- Milkor Pty Ltd.
- NORINCOGROUP.com Inc.
- Northrop Grumman Corp.
- Oshkosh Corp.
- Renault SAS
- Rheinmetall AG
- Rostec
- SAUDI GROUPS
- SVI ENGINEERING
- STREIT Group
- Traton SE
