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The armored vehicles market is forecasted to grow by USD 7.22 billion during 2023-2028, accelerating at a CAGR of 6.32% during the forecast period. The report on the armored 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 rising incidences of asymmetric warfare globally, the upgrade of defense capabilities to counter emerging security threats, and the advent of hybrid drivetrains in MRAPs.
The armored vehicles market is segmented as below:
By Mobility Type
- Wheeled
- Tracked
By Type
- Conventional
- Electric
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the armored vehicles market covers the following areas:
- Armored vehicles market sizing
- Armored vehicles market forecast
- Armored vehicles market industry analysis
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 an analysis of the key vendors.
The publisher 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Mobility Type
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global armored vehicles market: AB Volvo, Alpine Armoring Inc., Armormax, BAE Systems Plc, Denel SOC Ltd., General Dynamics Corp., International Armored Group, Iveco Group N.V, KNDS N.V., Lockheed Martin Corp., Mahindra and Mahindra Ltd., Milkor Pty Ltd., Oshkosh Corp., Otokar Otomotiv ve Savunma Sanayi AS, Rheinmetall AG, Rostec, STREIT Group, SVI ENGINEERING, Textron Inc., and Traton SE.Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is the increased adoption of unmanned combat ground vehicles.'
According to the report, one of the major drivers for this market is the rising incidences of asymmetric warfare globally.
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.
- Armormax
- BAE Systems Plc
- Denel SOC Ltd.
- General Dynamics Corp.
- International Armored Group
- Iveco Group N.V
- KNDS N.V.
- Lockheed Martin Corp.
- Mahindra and Mahindra Ltd.
- Milkor Pty Ltd.
- Oshkosh Corp.
- Otokar Otomotiv ve Savunma Sanayi AS
- Rheinmetall AG
- Rostec
- STREIT Group
- SVI ENGINEERING
- Textron Inc.
- Traton SE
