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 Armored Vehicles in global, including the following market information:
Global Armored Vehicles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Armored Vehicles Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Armored Vehicles companies in 2021 (%)
The global Armored Vehicles market was valued at 16590 million in 2021 and is projected to reach US$ 18450 million by 2028, at a CAGR of 1.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Armored Personnel Carrier (APC) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Armored Vehicles 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 Armored Vehicles 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 Armored Vehicles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armored Vehicles Market Segment Percentages, by Type, 2021 (%)
Armored Personnel Carrier (APC)
Infantry Fighting Vehicle (IFV)
Mine-resistant Ambush Protected (MRAP)
Main Battle Tank (MBT)
Other Types
Global Armored Vehicles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armored Vehicles Market Segment Percentages, by Application, 2021 (%)
Military
Commercial
Global Armored Vehicles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Armored Vehicles 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 Armored Vehicles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Armored Vehicles revenues share in global market, 2021 (%)
Key companies Armored Vehicles sales in global market, 2017-2022 (Estimated), (Units)
Key companies Armored Vehicles 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)
