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Middle East & Africa 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

  • GRA4169488
  • 113 Pages
  • January 2021
  • Aerospace & Defense
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Middle East & Africa armored vehicle market will grow by 4.5% annually with a total addressable market cap of $47.72 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 34 tables and 49 figures, this 113-page report “Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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:

• Israel

• Saudi Arabia

• South Africa

• UAE

• Iran

• Egypt

• Rest of MEA

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 Middle East & Africa 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 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 14

1.2.6 Market Size/Share Estimation 15

1.2.7 Research Limitations 16

1.3 Executive Summary 17

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.1.1 Impact of COVID-19 on World Economy 21

2.1.2 Impact of COVID-19 on the Market 24

2.2 Major Growth Drivers 26

2.3 Market Restraints and Challenges 33

2.4 Emerging Opportunities and Market Trends 36

2.5 Porter’s Fiver Forces Analysis 40

3 Segmentation of Middle East & Africa Market by Armor 44

3.1 Market Overview by Armor 44

3.2 Passive-armor Vehicles 46

3.3 Active-armor Vehicles 47

4 Segmentation of Middle East & Africa Market by Drive Type 49

4.1 Market Overview by Drive Type 49

4.2 Wheeled Armored Vehicles 51

4.2.1 4X4 Wheeled Armored Vehicles 52

4.2.2 6X6 Wheeled Armored Vehicles 53

4.2.3 8X8 Wheeled Armored Vehicles 54

4.3 Tracked Armored Vehicles 55

5 Segmentation of Middle East & Africa Market by Category 56

5.1 Market Overview by Category 56

5.2 Conventional Armored Vehicles 58

5.3 Electric Armored Vehicles 59

6 Segmentation of Middle East & Africa Market by Vehicle Type 60

6.1 Market Overview by Vehicle Type 60

6.2 Armored Personnel Carrier (APC) 62

6.3 Infantry Fighting Vehicle (IFV) 63

6.4 Main Battle Tank (MBT) 64

6.5 Light Multi-role Vehicle (LMV) 65

6.6 Mine Resistant Ambush Protected (MRAP) 66

6.7 Armored Support Vehicle 67

6.8 Tactical Truck 68

6.9 Other Armored Vehicles 69

7 Segmentation of Middle East & Africa Market by Application 70

7.1 Market Overview by Application 70

7.2 Defense 72

7.3 Commercial Use 73

8 MEA Market 2020-2030 by Country 74

8.1 Israel 77

8.2 Saudi Arabia 79

8.3 South Africa 81

8.4 UAE 83

8.5 Iran 85

8.6 Egypt 87

8.7 Other National Markets 89

9 Competitive Landscape 90

9.1 Overview of Key Vendors 90

9.2 New Product Launch, Partnership, Investment, and M&A 93

9.3 Company Profiles 94

BAE Systems 94

China North Industries Corporation (Norinco) 96

General Dynamics Corporation 97

INKAS Armored Vehicle Manufacturing 98

International Armored Group 99

Krauss-Maffei Wegmann (KMW) 100

Lenco Industries Inc. 101

Lockheed Martin Corporation 102

Oshkosh Defense LLC 103

Rheinmetall AG 104

STREIT Group 105

Textron Inc. 106

10 Investing in Middle East & Africa Market: Risk Assessment and Management 107

10.1 Risk Evaluation of Middle East & Africa Market 107

10.2 Critical Success Factors (CSFs) 110

Related Reports and Products 113

Table 1. Snapshot of Middle East & Africa Armored Vehicle Market in Balanced Perspective, 2020-2030 18

Table 2. Growth Rate of World Real GDP, 2017-2021 22

Table 3. Main Product Trends and Market Opportunities in Middle East & Africa Armored Vehicle Market 36

Table 4. Middle East & Africa Armored Vehicle Market by Armor, 2020-2030, $ mn 44

Table 5. Middle East & Africa Armored Vehicle Market by Drive Type, 2020-2030, $ mn 49

Table 6. Middle East & Africa Armored Vehicle Market: Wheeled Armored Vehicles by Type, 2020-2030, $ mn 51

Table 7. Middle East & Africa Armored Vehicle Market by Category, 2020-2030, $ mn 56

Table 8. Middle East & Africa Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 60

Table 9. Middle East & Africa Armored Vehicle Market by Application, 2020-2030, $ mn 70

Table 10. MEA Armored Vehicle Market by Country, 2020-2030, $ mn 75

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 26. Egypt Armored Vehicle Market by Drive Type, 2020-2030, $ mn 88

Table 27. Egypt Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 88

Table 28. Egypt Armored Vehicle Market by Application, 2020-2030, $ mn 88

Table 29. BAE Systems: Company Snapshot 94

Table 30. BAE Systems: Business Segmentation 94

Table 31. BAE Systems: Product Portfolio 95

Table 32. BAE Systems: Revenue, 2017-2019, $ mn 95

Table 33. Risk Evaluation for Investing in Middle East & Africa Market, 2020-2030 108

Table 34. Critical Success Factors and Key Takeaways 111

 
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