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Global Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Region: Trend Forecast and Growth Opportunity

  • GRA4169484
  • 170 Pages
  • January 2021
  • Aerospace & Defense
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Global armored vehicle market will reach $24.85 billion by 2030, growing by 3.7% annually over 2020-2030 driven by rising defense spending, the rise in the instances of cross-border conflicts, and increasing incidences of asymmetric warfare.

Highlighted with 84 tables and 83 figures, this 170-page report “Global Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global armored vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2020 and provides forecast from 2021 till 2030 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global armored vehicle market in every aspect of the classification from perspectives of Armor, Drive Type, Category, Vehicle Type, Application, and Region.

Based on Armor, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Passive-armor Vehicles

• Active-armor Vehicles

Based on Drive Type, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

Wheeled Armored Vehicles

• 4X4 Wheeled Armored Vehicles

• 6X6 Wheeled Armored Vehicles

• 8X8 Wheeled Armored Vehicles

Tracked Armored Vehicles

Based on Category, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Conventional Armored Vehicles

• Electric Armored Vehicles

Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Armored Personnel Carrier (APC)

• Infantry Fighting Vehicle (IFV)

• Main Battle Tank (MBT)

• Light Multi-role Vehicle (LMV)

• Mine Resistant Ambush Protected (MRAP)

• Armored Support Vehicle

• Tactical Truck

• Other Armored Vehicles

Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Defense

• Commercial Use

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Columbia, Argentina, Rest of South America)

• MEA (Israel, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Drive Type, Vehicle Type, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global armored vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

BAE Systems

China North Industries Corporation (Norinco)

General Dynamics Corporation

INKAS Armored Vehicle Manufacturing

International Armored Group

Krauss-Maffei Wegmann (KMW)

Lenco Industries Inc.

Lockheed Martin Corporation

Oshkosh Defense LLC

Rheinmetall AG

STREIT Group

Textron Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 22

2.1.2 Impact of COVID-19 on the Market 25

2.2 Major Growth Drivers 27

2.3 Market Restraints and Challenges 34

2.4 Emerging Opportunities and Market Trends 37

2.5 Porter’s Fiver Forces Analysis 41

3 Segmentation of Global Market by Armor 45

3.1 Market Overview by Armor 45

3.2 Passive-armor Vehicles 47

3.3 Active-armor Vehicles 48

4 Segmentation of Global Market by Drive Type 50

4.1 Market Overview by Drive Type 50

4.2 Wheeled Armored Vehicles 52

4.2.1 4X4 Wheeled Armored Vehicles 53

4.2.2 6X6 Wheeled Armored Vehicles 54

4.2.3 8X8 Wheeled Armored Vehicles 55

4.3 Tracked Armored Vehicles 56

5 Segmentation of Global Market by Category 57

5.1 Market Overview by Category 57

5.2 Conventional Armored Vehicles 59

5.3 Electric Armored Vehicles 60

6 Segmentation of Global Market by Vehicle Type 61

6.1 Market Overview by Vehicle Type 61

6.2 Armored Personnel Carrier (APC) 63

6.3 Infantry Fighting Vehicle (IFV) 64

6.4 Main Battle Tank (MBT) 65

6.5 Light Multi-role Vehicle (LMV) 66

6.6 Mine Resistant Ambush Protected (MRAP) 67

6.7 Armored Support Vehicle 68

6.8 Tactical Truck 69

6.9 Other Armored Vehicles 70

7 Segmentation of Global Market by Application 71

7.1 Market Overview by Application 71

7.2 Defense 73

7.3 Commercial Use 74

8 Segmentation of Global Market by Region 75

8.1 Geographic Market Overview 2020-2030 75

8.2 North America Market 2020-2030 by Country 80

8.2.1 Overview of North America Market 80

8.2.2 U.S. 84

8.2.3 Canada 88

8.2.4 Mexico 90

8.3 European Market 2020-2030 by Country 92

8.3.1 Overview of European Market 92

8.3.2 Germany 96

8.3.3 UK 98

8.3.4 France 100

8.3.5 Spain 102

8.3.6 Italy 104

8.3.7 Russia 106

8.3.8 Rest of European Market 108

8.4 Asia-Pacific Market 2020-2030 by Country 110

8.4.1 Overview of Asia-Pacific Market 110

8.4.2 Japan 114

8.4.3 China 117

8.4.4 Australia 119

8.4.5 India 121

8.4.6 South Korea 123

8.4.7 Rest of APAC Region 125

8.5 South America Market 2020-2030 by Country 127

8.5.1 Argentina 130

8.5.2 Brazil 132

8.5.3 Columbia 134

8.5.4 Rest of South America Market 136

8.6 MEA Market 2020-2030 by Country 137

8.6.1 Israel 140

8.6.2 Saudi Arabia 142

8.6.3 South Africa 144

8.6.4 Other National Markets 146

9 Competitive Landscape 147

9.1 Overview of Key Vendors 147

9.2 New Product Launch, Partnership, Investment, and M&A 150

9.3 Company Profiles 151

BAE Systems 151

China North Industries Corporation (Norinco) 153

General Dynamics Corporation 154

INKAS Armored Vehicle Manufacturing 155

International Armored Group 156

Krauss-Maffei Wegmann (KMW) 157

Lenco Industries Inc. 158

Lockheed Martin Corporation 159

Oshkosh Defense LLC 160

Rheinmetall AG 161

STREIT Group 162

Textron Inc. 163

10 Investing in Global Market: Risk Assessment and Management 164

10.1 Risk Evaluation of Global Market 164

10.2 Critical Success Factors (CSFs) 167

Related Reports and Products 170

Table 1. Snapshot of Global Armored Vehicle Market in Balanced Perspective, 2020-2030 19

Table 2. Growth Rate of World Real GDP, 2017-2021 23

Table 3. Main Product Trends and Market Opportunities in Global Armored Vehicle Market 37

Table 4. Global Armored Vehicle Market by Armor, 2020-2030, $ mn 45

Table 5. Global Armored Vehicle Market by Drive Type, 2020-2030, $ mn 50

Table 6. Global Armored Vehicle Market: Wheeled Armored Vehicles by Type, 2020-2030, $ mn 52

Table 7. Global Armored Vehicle Market by Category, 2020-2030, $ mn 57

Table 8. Global Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 61

Table 9. Global Armored Vehicle Market by Application, 2020-2030, $ mn 71

Table 10. Global Armored Vehicle Market by Region, 2020-2030, $ mn 76

Table 11. Leading National Armored Vehicle Market, 2020 and 2030, $ mn 79

Table 12. North America Armored Vehicle Market by Country, 2020-2030, $ mn 82

Table 13. U.S. Armored Vehicle Market by Drive Type, 2020-2030, $ mn 86

Table 14. U.S. Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 86

Table 15. U.S. Armored Vehicle Market by Application, 2020-2030, $ mn 86

Table 16. Canada Armored Vehicle Market by Drive Type, 2020-2030, $ mn 89

Table 17. Canada Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 89

Table 18. Canada Armored Vehicle Market by Application, 2020-2030, $ mn 89

Table 19. Mexico Armored Vehicle Market by Drive Type, 2020-2030, $ mn 91

Table 20. Mexico Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 91

Table 21. Mexico Armored Vehicle Market by Application, 2020-2030, $ mn 91

Table 22. Europe Armored Vehicle Market by Country, 2020-2030, $ mn 95

Table 23. Germany Armored Vehicle Market by Drive Type, 2020-2030, $ mn 97

Table 24. Germany Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 97

Table 25. Germany Armored Vehicle Market by Application, 2020-2030, $ mn 97

Table 26. UK Armored Vehicle Market by Drive Type, 2020-2030, $ mn 99

Table 27. UK Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 99

Table 28. UK Armored Vehicle Market by Application, 2020-2030, $ mn 99

Table 29. France Armored Vehicle Market by Drive Type, 2020-2030, $ mn 101

Table 30. France Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 101

Table 31. France Armored Vehicle Market by Application, 2020-2030, $ mn 101

Table 32. Spain Armored Vehicle Market by Drive Type, 2020-2030, $ mn 103

Table 33. Spain Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 103

Table 34. Spain Armored Vehicle Market by Application, 2020-2030, $ mn 103

Table 35. Italy Armored Vehicle Market by Drive Type, 2020-2030, $ mn 105

Table 36. Italy Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 105

Table 37. Italy Armored Vehicle Market by Application, 2020-2030, $ mn 105

Table 38. Russia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 107

Table 39. Russia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 107

Table 40. Russia Armored Vehicle Market by Application, 2020-2030, $ mn 107

Table 41. Armored Vehicle Market in Rest of Europe by Country, 2020-2030, $ mn 109

Table 42. APAC Armored Vehicle Market by Country, 2020-2030, $ mn 112

Table 43. Japan Armored Vehicle Market by Drive Type, 2020-2030, $ mn 116

Table 44. Japan Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 116

Table 45. Japan Armored Vehicle Market by Application, 2020-2030, $ mn 116

Table 46. China Armored Vehicle Market by Drive Type, 2020-2030, $ mn 118

Table 47. China Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 118

Table 48. China Armored Vehicle Market by Application, 2020-2030, $ mn 118

Table 49. Australia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 120

Table 50. Australia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 120

Table 51. Australia Armored Vehicle Market by Application, 2020-2030, $ mn 120

Table 52. India Armored Vehicle Market by Drive Type, 2020-2030, $ mn 122

Table 53. India Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 122

Table 54. India Armored Vehicle Market by Application, 2020-2030, $ mn 122

Table 55. South Korea Armored Vehicle Market by Drive Type, 2020-2030, $ mn 124

Table 56. South Korea Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 124

Table 57. South Korea Armored Vehicle Market by Application, 2020-2030, $ mn 124

Table 58. Armored Vehicle Market in Rest of APAC by Country, 2020-2030, $ mn 126

Table 59. South America Armored Vehicle Market by Country, 2020-2030, $ mn 129

Table 60. Argentina Armored Vehicle Market by Drive Type, 2020-2030, $ mn 131

Table 61. Argentina Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 131

Table 62. Argentina Armored Vehicle Market by Application, 2020-2030, $ mn 131

Table 63. Brazil Armored Vehicle Market by Drive Type, 2020-2030, $ mn 133

Table 64. Brazil Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 133

Table 65. Brazil Armored Vehicle Market by Application, 2020-2030, $ mn 133

Table 66. Columbia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 135

Table 67. Columbia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 135

Table 68. Columbia Armored Vehicle Market by Application, 2020-2030, $ mn 135

Table 69. MEA Armored Vehicle Market by Country, 2020-2030, $ mn 139

Table 70. Israel Armored Vehicle Market by Drive Type, 2020-2030, $ mn 141

Table 71. Israel Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 141

Table 72. Israel Armored Vehicle Market by Application, 2020-2030, $ mn 141

Table 73. Saudi Arabia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 143

Table 74. Saudi Arabia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 143

Table 75. Saudi Arabia Armored Vehicle Market by Application, 2020-2030, $ mn 143

Table 76. South Africa Armored Vehicle Market by Drive Type, 2020-2030, $ mn 145

Table 77. South Africa Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 145

Table 78. South Africa Armored Vehicle Market by Application, 2020-2030, $ mn 145

Table 79. BAE Systems: Company Snapshot 151

Table 80. BAE Systems: Business Segmentation 151

Table 81. BAE Systems: Product Portfolio 152

Table 82. BAE Systems: Revenue, 2017-2019, $ mn 152

Table 83. Risk Evaluation for Investing in Global Market, 2020-2030 165

Table 84. Critical Success Factors and Key Takeaways 168

 
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