Armored Vehicles Market Insights, Current And Future Market Trends & Forecast Till 2027

The global armored vehicles market forecast 2020-2027 report provides comprehensive coverage of the market through market segments, in-depth regional level analysis, and identifies the key drivers, restraints, growth opportunities, and competitive scenarios in the market. The armored vehicles market report offers extensive insight and analysis of the market over the next six years (2020-2027) and evaluates the impact of the COVID-19 outbreak on the industry.

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Global Armored Vehicles Market Overview

The accelerating demand for armored vehicles driven by the expanding number of cross-border conflicts and increasing incidences of asymmetric warfare worldwide are the significant factors contributing to the growth of the global armored vehicles market. The increasing emphasis on protecting solider from internal and external threats and the emerging awareness about commercial security is promoting the defense and military sector to opt for armored vehicles. Various governments are actively using advanced machinery to tackle emergencies caused by militant attacks and insurgencies. This factor will further surge the demand of the armored vehicles market industry.

The increasing terrorism and cross-border conflicts across the globe is creating innumerable growth opportunities for the market. Several governments are heavily investing in their defense sector and are launching numerous military modernization plans, which will accelerate the demand of the global armored vehicles market. On the other end, the lack of major OEMs in the Asia-pacific and Middle East region and the growing incidences of electrical or other failures in the vehicles are likely to hamper the growth of the market.

Global Armored Vehicles Market Competitive Rivalry 

The armored vehicles market report includes an analysis of the competitive landscape present in the global armored vehicles market. It includes an assessment of the existing and upcoming trends that players can invest in. The leading players in the global armored vehicles market are BAE Systems PLC, Otokar Otomotive Ve Savunma Sanayi, Oshkosh Corporation, Textron Inc., Denel SOC Ltd., FNSS Savunma Sistemleri AS, Hanwha Corporation, Rheinmetall AG, Krauss-Maffei Wegmann, General Dynamics Corporation, and Arquus, among others.

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Global Armored Vehicles Market Segmentation 

On the basis of platform, the armored vehicles market report represents the market share, revenue, and growth rate of each platform, which is further divided into

• Combat Vehicles
  • Main Battle Tanks (MBTs)
  • Infantry Fighting Vehicles (IFVs)
  • Armored Personnel Carriers (APCs)
  • Armored Amphibious Vehicles (AAVs)
  • Mine-Resistant Ambush Protected (MRAP)
  • Light Armored Vehicles (LAVs)
  • Self-Propelled Howitzers (SPHS)
  • Air Defense Vehicles
  • Armored Mortar Carriers
• Combat Support Vehicles
  • Armored Supply Trucks
    • Armored Fuel Trucks
    • Armored Ammunition Replenishment Vehicles
    • Armored Ambulances
  • Armored Command and Control Vehicles
  • Repair and Recovery Vehicles
  • Others
• Unmanned Armored Ground Vehicles

On the basis of mobility, the armored vehicles market report studies the market share, revenue, and growth rate of each mobility, which is further divided into

• Wheeled
  • 4×4
  • 6×6
  • 8×8
  • Others
• Tracked

On the basis of system, the armored vehicles market report focuses on the market share, revenue, and growth of each system, which is further divided into

• Engines
  • Diesel Engines
  • Turbine Engines
• Drive Systems
  • Power Transmission Drives
  • Suspension & Braking Systems
  • Tracks and Wheels
• Ballistic Armor
  • Composite Armor
  • Explosive Reactive Armor (ERA)
  • Electric Armor
  • Homogenous Armor
  • Depleted Uranium Armor
  • Add-On Armor
  • Others
• Turret Drives
• Ammunition Handling Systems
• Fire Control Systems (FCS)
• Armaments
• Countermeasure Systems
• Command & Control (C2) Systems
• Power Systems
• Navigation Systems
• Observation & Display Systems
• Hulls/Frames

Geographic Segmentation

The armored vehicles market report splits the market into North America, Europe, Asia Pacific, and the Rest of the World, with revenue, market share, and growth rate of all of these regions, from 2020-2027:

• North America
  • United States of America
  • Canada

• Asia Pacific

• • China
  • Japan
  • India
  • Rest of APAC

• Europe

• • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe

• RoW

• • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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Created on Jun 12th 2020 09:12. Viewed 357 times.

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