Armored Vehicle Market
Armored Vehicle Market - Global Industry Assessment & Forecast
Segments Covered
- By Platform Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles
- By Mobility Wheeled, Tracked
- By System Engine, Drive System, Ballistic Armor, Turret Drives, Ammunition Handling System, Fire Control Systems (FCS), Armaments, Countermeasure System, Command & Control (C2) System, Power System, Navigation System, Observation & Display System, Hulls/Frames
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 17.2 Billion |
Revenue 2030: | USD 108.5 Billion |
Revenue CAGR (2023 - 2030): | 30.1% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Armored Vehicle in terms of revenue?
-
The global Armored Vehicle valued at USD 17.2 Billion in 2022 and is expected to reach USD 108.5 Billion in 2030 growing at a CAGR of 30.1%.
Which are the prominent players in the market?
-
The prominent players in the market are BAE Systems (UK), Denel SOC Ltd (South Africa), General Dynamics Corporation (U.S.), IVECO DEFENCE VEHICLES (Italy), Krauss-Maffei Wegmann GmbH & Co. KG (Germany), NORINCOGROUP.com Inc. (China), Oshkosh Defense - LLC An Oshkosh Corporation Company (U.S.), Otokar - A KOC Group Company (Turkey), Rheinmetall AG (Germany), Textron Systems (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 30.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Armored Vehicle include
- Improving ISR and target acquistion capabilities of defense forces
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Armored Vehicle in 2022.