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Aerospace & Defense

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

  • GRA4169487
  • 112 Pages
  • January 2021
  • Aerospace & Defense
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Asia Pacific armored vehicle market will grow by 3.9% annually with a total addressable market cap of $47.51 billion over 2020-2030 owing to the rise in the instances of cross-border conflicts, increasing incidences of asymmetric warfare, and modernization/replacement initiatives.

Highlighted with 32 tables and 49 figures, this 112-page report “Asia Pacific Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific 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 Asia Pacific 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 Asia Pacific armored vehicle market in every aspect of the classification from perspectives of Armor, Drive Type, Category, Vehicle Type, Application, and Country.

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

• Defense

• Commercial Use

Geographically, the following national/local markets are fully investigated:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Drive Type, Vehicle Type, and Application over the forecast years is 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 Asia Pacific 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 6

1.1 Industry Definition and Research Scope 6

1.1.1 Industry Definition 6

1.1.2 Research Scope 7

1.2 Research Methodology 10

1.2.1 Overview of Market Research Methodology 10

1.2.2 Market Assumption 11

1.2.3 Secondary Data 11

1.2.4 Primary Data 11

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 19

2.1 Market Size and Forecast 19

2.1.1 Impact of COVID-19 on World Economy 20

2.1.2 Impact of COVID-19 on the Market 23

2.2 Major Growth Drivers 25

2.3 Market Restraints and Challenges 32

2.4 Emerging Opportunities and Market Trends 35

2.5 Porter’s Fiver Forces Analysis 39

3 Segmentation of Asia Pacific Market by Armor 43

3.1 Market Overview by Armor 43

3.2 Passive-armor Vehicles 45

3.3 Active-armor Vehicles 46

4 Segmentation of Asia Pacific Market by Drive Type 48

4.1 Market Overview by Drive Type 48

4.2 Wheeled Armored Vehicles 50

4.2.1 4X4 Wheeled Armored Vehicles 51

4.2.2 6X6 Wheeled Armored Vehicles 52

4.2.3 8X8 Wheeled Armored Vehicles 53

4.3 Tracked Armored Vehicles 54

5 Segmentation of Asia Pacific Market by Category 55

5.1 Market Overview by Category 55

5.2 Conventional Armored Vehicles 57

5.3 Electric Armored Vehicles 58

6 Segmentation of Asia Pacific Market by Vehicle Type 59

6.1 Market Overview by Vehicle Type 59

6.2 Armored Personnel Carrier (APC) 61

6.3 Infantry Fighting Vehicle (IFV) 62

6.4 Main Battle Tank (MBT) 63

6.5 Light Multi-role Vehicle (LMV) 64

6.6 Mine Resistant Ambush Protected (MRAP) 65

6.7 Armored Support Vehicle 66

6.8 Tactical Truck 67

6.9 Other Armored Vehicles 68

7 Segmentation of Asia Pacific Market by Application 69

7.1 Market Overview by Application 69

7.2 Defense 71

7.3 Commercial Use 72

8 Asia-Pacific Market 2020-2030 by Country 73

8.1 Overview of Asia-Pacific Market 73

8.2 Japan 76

8.3 China 79

8.4 Australia 81

8.5 India 83

8.6 South Korea 85

8.7 Rest of APAC Region 87

9 Competitive Landscape 89

9.1 Overview of Key Vendors 89

9.2 New Product Launch, Partnership, Investment, and M&A 92

9.3 Company Profiles 93

BAE Systems 93

China North Industries Corporation (Norinco) 95

General Dynamics Corporation 96

INKAS Armored Vehicle Manufacturing 97

International Armored Group 98

Krauss-Maffei Wegmann (KMW) 99

Lenco Industries Inc. 100

Lockheed Martin Corporation 101

Oshkosh Defense LLC 102

Rheinmetall AG 103

STREIT Group 104

Textron Inc. 105

10 Investing in Asia Pacific Market: Risk Assessment and Management 106

10.1 Risk Evaluation of Asia Pacific Market 106

10.2 Critical Success Factors (CSFs) 109

Related Reports and Products 112

Table 1. Snapshot of Asia Pacific Armored Vehicle Market in Balanced Perspective, 2020-2030 17

Table 2. Growth Rate of World Real GDP, 2017-2021 21

Table 3. Main Product Trends and Market Opportunities in Asia Pacific Armored Vehicle Market 35

Table 4. Asia Pacific Armored Vehicle Market by Armor, 2020-2030, $ mn 43

Table 5. Asia Pacific Armored Vehicle Market by Drive Type, 2020-2030, $ mn 48

Table 6. Asia Pacific Armored Vehicle Market: Wheeled Armored Vehicles by Type, 2020-2030, $ mn 50

Table 7. Asia Pacific Armored Vehicle Market by Category, 2020-2030, $ mn 55

Table 8. Asia Pacific Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 59

Table 9. Asia Pacific Armored Vehicle Market by Application, 2020-2030, $ mn 69

Table 10. APAC Armored Vehicle Market by Country, 2020-2030, $ mn 74

Table 11. Japan Armored Vehicle Market by Drive Type, 2020-2030, $ mn 78

Table 12. Japan Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 78

Table 13. Japan Armored Vehicle Market by Application, 2020-2030, $ mn 78

Table 14. China Armored Vehicle Market by Drive Type, 2020-2030, $ mn 80

Table 15. China Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 80

Table 16. China Armored Vehicle Market by Application, 2020-2030, $ mn 80

Table 17. Australia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 82

Table 18. Australia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 82

Table 19. Australia Armored Vehicle Market by Application, 2020-2030, $ mn 82

Table 20. India Armored Vehicle Market by Drive Type, 2020-2030, $ mn 84

Table 21. India Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 84

Table 22. India Armored Vehicle Market by Application, 2020-2030, $ mn 84

Table 23. South Korea Armored Vehicle Market by Drive Type, 2020-2030, $ mn 86

Table 24. South Korea Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 86

Table 25. South Korea Armored Vehicle Market by Application, 2020-2030, $ mn 86

Table 26. Armored Vehicle Market in Rest of APAC by Country, 2020-2030, $ mn 88

Table 27. BAE Systems: Company Snapshot 93

Table 28. BAE Systems: Business Segmentation 93

Table 29. BAE Systems: Product Portfolio 94

Table 30. BAE Systems: Revenue, 2017-2019, $ mn 94

Table 31. Risk Evaluation for Investing in Asia Pacific Market, 2020-2030 107

Table 32. Critical Success Factors and Key Takeaways 110

 
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