Report overview
An armoured fighting vehicle is an armed combat vehicle protected by armour, generally combining operational mobility with offensive and defensive capabilities. AFVs can be wheeled or tracked. Main battle tanks, armoured cars, armoured self-propelled guns, and armoured personnel carriers are all examples of AFVs.
This report contains market size and forecasts of Armoured Fighting Vehicles (AFV) in global, including the following market information:
Global Armoured Fighting Vehicles (AFV) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Armoured Fighting Vehicles (AFV) Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Armoured Fighting Vehicles (AFV) companies in 2021 (%)
The global Armoured Fighting Vehicles (AFV) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Active Armored Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Armoured Fighting Vehicles (AFV) include General Dynamics Corporation (US), BAE Systems Plc. (UK), Textron Inc. (US), Oshkosh Corporation (US), Elbit Systems(Israel), Thales Group (France), Lockheed Martin (US), Rheinmetall AG (Germany) and Denel Land Systems (South Africa), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Armoured Fighting Vehicles (AFV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Armoured Fighting Vehicles (AFV) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armoured Fighting Vehicles (AFV) Market Segment Percentages, by Type, 2021 (%)
Active Armored Vehicle
Passive Armored Vehicles
Global Armoured Fighting Vehicles (AFV) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armoured Fighting Vehicles (AFV) Market Segment Percentages, by Application, 2021 (%)
Military
Commercial
Global Armoured Fighting Vehicles (AFV) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armoured Fighting Vehicles (AFV) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Armoured Fighting Vehicles (AFV) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Armoured Fighting Vehicles (AFV) revenues share in global market, 2021 (%)
Key companies Armoured Fighting Vehicles (AFV) sales in global market, 2017-2022 (Estimated), (Units)
Key companies Armoured Fighting Vehicles (AFV) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Dynamics Corporation (US)
BAE Systems Plc. (UK)
Textron Inc. (US)
Oshkosh Corporation (US)
Elbit Systems(Israel)
Thales Group (France)
Lockheed Martin (US)
Rheinmetall AG (Germany)
Denel Land Systems (South Africa)
Sabiex International (Belgium)
Diehl Defense (Germany)