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Vehicle Armor Market Report 2026

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    Report

  • 250 Pages
  • January 2026
  • Region: Global
  • The Business Research Company
  • ID: 6167066
The vehicle armor market size has grown strongly in recent years. It will grow from $8.39 billion in 2025 to $8.92 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to early development of ballistic and blast-resistant vehicle panels, advancements in armored glass and transparent protection technologies, government and military funding for vehicle survivability programs, integration of blast protection kits in military vehicles, initial adoption of armored floor and underbody protection systems.

The vehicle armor market size is expected to see strong growth in the next few years. It will grow to $11.24 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rising demand for lightweight and high-performance vehicle armor, development of next-generation composite and ceramic armor materials, expansion of armored vehicle applications in defense and security sectors, adoption of advanced multi-threat protection systems, increased collaboration between armor manufacturers and defense agencies for customized vehicle protection solutions. Major trends in the forecast period include advanced lightweight armor integration, rising demand for modular and scalable armor kits, enhanced blast-resistant vehicle architecture, increasing adoption of multi-threat ballistic materials, growth of civilian & vip armoring solutions.

The rising geopolitical tensions are expected to propel the growth of the vehicle armor market going forward. Geopolitical tensions refer to strained or conflicting relationships between countries or regions due to differences in political, economic, or strategic interests. Geopolitical tensions are rising due to increasing competition over strategic resources, as nations vie for control of vital commodities such as energy and rare earth minerals to secure economic and technological dominance. The rise in geopolitical tensions supports the demand for vehicle armor as governments and security forces seek enhanced protection for personnel and assets in conflict-prone regions, driving the need for fortified vehicles capable of withstanding hostile threats. For instance, in December 2024, according to the Armed Conflict Location and Event Data (ACLED), a US-based non-profit organization, political violence incidents rose by 25% in 2024 compared to 2023, with bombings accounting for over 90,000 cases, nearly twice as frequent as armed clashes and three times more common than acts of direct violence targeting civilians. Therefore, the rising geopolitical tensions are driving the growth of the vehicle armor market.

Leading players in the vehicle armor market are prioritizing the development of advanced solutions like armored civilian vehicles to safeguard valuable assets and protect sensitive data during transit through areas vulnerable to crime or unrest. These vehicles are specially modified to offer superior protection for passengers against gunfire, explosions, and similar threats. For example, in December 2023, Jankel, a UK-based supplier of vehicle protection systems, introduced the armored Toyota Land Cruiser LC300. The LC300 integrates advanced safety features, high performance, and reliability, built on extensive user feedback and currently sought after by defense ministries and NGOs worldwide. It conforms to the Edition 3 standards of VPAM BRV and ERV (VR7), offering robust protection to UK clients while expanding its global market appeal. Jankel is the first manufacturer to secure VR7 certification for a vehicle tested with a 2-meter lateral blast using crash test dummies to better gauge occupant safety. Designed with a bolt-in armor system, modular electronics, and exclusive patented features, the LC300 is expected to have a 10-year service life.

In August 2024, Rheinmetall, a defense technology company based in Germany, completed the acquisition of LOC Performance Products LLC for an undisclosed amount. This acquisition expands Rheinmetall’s portfolio of military vehicles and enhances its ability to deliver mobility and defense solutions in the U.S. defense sector. LOC Performance is an American company that manufactures armored vehicles.

Major companies operating in the vehicle armor market are Lockheed Martin Corporation, General Dynamics Corporation, BAE Systems, Textron Inc., Oshkosh Corporation, Rheinmetall AG, Elbit Systems Ltd., Krauss-Maffei Wegmann GmbH & Co. KG, Patria Land Systems, FNSS Savunma Sistemleri A.Ş., Plasan Sasa Ltd., International Armored Group (IAG), Iveco Defence Vehicles, Armormax, Alpine Armoring Inc., Mezcal Security Vehicles, The Armored Group LLC, ND Defense LLC, INKAS Armored Vehicle Manufacturing, STREIT Group.

North America was the largest region in the vehicle armor market in 2025. The regions covered in the vehicle armor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have increased costs for armor-grade steel, advanced ceramics, and electronic components, impacting production timelines and pricing across armor types. Passive and reactive armor segments face higher material costs, while electric armor systems encounter pressure on specialized electronics. Asia-Pacific and Europe are most affected due to import reliance, though tariffs are stimulating localized manufacturing and innovation in cost-efficient protection technologies.

The vehicle armor market research report is one of a series of new reports that provides vehicle armor market statistics, including vehicle armor industry global market size, regional shares, competitors with a vehicle armor market share, detailed vehicle armor market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle armor industry. This vehicle armor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Vehicle armor refers to protective systems or layers that are either integrated into or added onto a vehicle to increase its resilience against various threats, such as ballistic impacts, explosive blasts, or dangerous environments. It is engineered to absorb, deflect, or diminish the force of incoming projectiles or explosions, thereby improving the survivability of both the vehicle and its passengers.

The primary types of vehicle armor are passive armor, reactive armor, and electric armor. Passive armor involves materials like steel, ceramics, or composites that are affixed to vehicles to absorb or deflect threats without any reactive mechanisms. It incorporates various materials including steel, aluminum, composites, ceramics, and others and is utilized across several applications such as military, law enforcement, civilian use, VIP protection, and emergency services.

The countries covered in the vehicle armor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The vehicle armor market consists of sales of armored panels, ballistic glass systems, blast protection kits, and armored floor protection. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Vehicle Armor Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Vehicle Armor Market Attractiveness Scoring and Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation (Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation)
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Vehicle Armor Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List of Key Raw Materials, Resources & Suppliers
3.3. List of Major Distributors and Channel Partners
3.4. List of Major End Users
4. Global Vehicle Armor Market Trends and Strategies
4.1. Key Technologies & Future Trends
4.1.1 Artificial Intelligence & Autonomous Intelligence
4.1.2 Autonomous Systems, Robotics & Smart Mobility
4.1.3 Industry 4.0 & Intelligent Manufacturing
4.1.4 Internet of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.1.5 Digitalization, Cloud, Big Data & Cybersecurity
4.2. Major Trends
4.2.1 Advanced Lightweight Armor Integration
4.2.2 Rising Demand for Modular and Scalable Armor Kits
4.2.3 Enhanced Blast-Resistant Vehicle Architecture
4.2.4 Increasing Adoption of Multi-Threat Ballistic Materials
4.2.5 Growth of Civilian & Vip Armoring Solutions
5. Vehicle Armor Market Analysis of End Use Industries
5.1 Military
5.2 Law Enforcement
5.3 Vip Protection
5.4 Civilian Armored Vehicle Owners
5.5 Emergency Services
6. Vehicle Armor Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market
7. Global Vehicle Armor Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
7.1. Global Vehicle Armor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Vehicle Armor Market Size, Comparisons and Growth Rate Analysis
7.3. Global Vehicle Armor Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Vehicle Armor Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Vehicle Armor Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Vehicle Armor Market Segmentation
9.1. Global Vehicle Armor Market, Segmentation by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Passive Armor, Reactive Armor, Electric Armor
9.2. Global Vehicle Armor Market, Segmentation by Material, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Steel, Aluminum, Composite, Ceramic, Other Materials
9.3. Global Vehicle Armor Market, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Military, Law Enforcement, Civilian, VIP Protection, Emergency Services
9.4. Global Vehicle Armor Market, Sub-Segmentation of Passive Armor, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Ceramic Armor, Composite Armor, Steel Armor
9.5. Global Vehicle Armor Market, Sub-Segmentation of Reactive Armor, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Explosive Reactive Armor (ERA), Non-Explosive Reactive Armor (NERA), Self-Limiting Reactive Armor
9.6. Global Vehicle Armor Market, Sub-Segmentation of Electric Armor, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Pulsed Power Electric Armor, Continuous Current Electric Armor
10. Vehicle Armor Market Regional and Country Analysis
10.1. Global Vehicle Armor Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Vehicle Armor Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Vehicle Armor Market
11.1. Asia-Pacific Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Vehicle Armor Market
12.1. China Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Vehicle Armor Market
13.1. India Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Vehicle Armor Market
14.1. Japan Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Vehicle Armor Market
15.1. Australia Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Vehicle Armor Market
16.1. Indonesia Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Vehicle Armor Market
17.1. South Korea Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Vehicle Armor Market
18.1. Taiwan Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Vehicle Armor Market
19.1. South East Asia Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Vehicle Armor Market
20.1. Western Europe Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Vehicle Armor Market
21.1. UK Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Vehicle Armor Market
22.1. Germany Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Vehicle Armor Market
23.1. France Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Vehicle Armor Market
24.1. Italy Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Vehicle Armor Market
25.1. Spain Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Vehicle Armor Market
26.1. Eastern Europe Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Vehicle Armor Market
27.1. Russia Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Vehicle Armor Market
28.1. North America Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Vehicle Armor Market
29.1. USA Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Vehicle Armor Market
30.1. Canada Vehicle Armor Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Vehicle Armor Market
31.1. South America Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Vehicle Armor Market
32.1. Brazil Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Vehicle Armor Market
33.1. Middle East Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Vehicle Armor Market
34.1. Africa Vehicle Armor Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Vehicle Armor Market, Segmentation by Type, Segmentation by Material, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Vehicle Armor Market Regulatory and Investment Landscape
36. Vehicle Armor Market Competitive Landscape and Company Profiles
36.1. Vehicle Armor Market Competitive Landscape and Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Vehicle Armor Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Vehicle Armor Market Company Profiles
36.3.1. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.2. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.3. BAE Systems Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Textron Inc. Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Oshkosh Corporation Overview, Products and Services, Strategy and Financial Analysis
37. Vehicle Armor Market Other Major and Innovative Companies
  • Rheinmetall AG, Elbit Systems Ltd., Krauss-Maffei Wegmann GmbH & Co. KG, Patria Land Systems, FNSS Savunma Sistemleri A.S., Plasan Sasa Ltd., International Armored Group (IAG), Iveco Defence Vehicles, Armormax, Alpine Armoring Inc., Mezcal Security Vehicles, the Armored Group LLC, ND Defense LLC, INKAS Armored Vehicle Manufacturing, STREIT Group
38. Global Vehicle Armor Market Competitive Benchmarking and Dashboard39. Key Mergers and Acquisitions in the Vehicle Armor Market
40. Vehicle Armor Market High Potential Countries, Segments and Strategies
40.1 Vehicle Armor Market in 2030 - Countries Offering Most New Opportunities
40.2 Vehicle Armor Market in 2030 - Segments Offering Most New Opportunities
40.3 Vehicle Armor Market in 2030 - Growth Strategies
40.3.1 Market Trend-Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic and Forecast Inflation Rates
41.4. Research Inquiries
41.5. About the Analyst
41.6. Copyright and Disclaimer

Executive Summary

Vehicle Armor Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses vehicle armor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for vehicle armor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The vehicle armor market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Report Scope

Markets Covered:

1) By Type: Passive Armor; Reactive Armor; Electric Armor
2) By Material: Steel; Aluminum; Composite; Ceramic; Other Materials
3) By End-Use: Military; Law Enforcement; Civilian; VIP Protection; Emergency Services

Subsegments:

1) By Passive Armor: Ceramic Armor; Composite Armor; Steel Armor
2) By Reactive Armor: Explosive Reactive Armor (ERA); Non-Explosive Reactive Armor (NERA); Self-Limiting Reactive Armor
3) By Electric Armor: Pulsed Power Electric Armor; Continuous Current Electric Armor

Companies Mentioned: Lockheed Martin Corporation; General Dynamics Corporation; BAE Systems; Textron Inc.; Oshkosh Corporation; Rheinmetall AG; Elbit Systems Ltd.; Krauss-Maffei Wegmann GmbH & Co. KG; Patria Land Systems; FNSS Savunma Sistemleri A.Ş.; Plasan Sasa Ltd.; International Armored Group (IAG); Iveco Defence Vehicles; Armormax; Alpine Armoring Inc.; Mezcal Security Vehicles; The Armored Group LLC; ND Defense LLC; INKAS Armored Vehicle Manufacturing; STREIT Group.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: Word, PDF or Interactive Report + Excel Dashboard

Added Benefits

  • Bi-Annual Data Update
  • Customisation
  • Expert Consultant Support
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.

Companies Mentioned

The companies featured in this Vehicle Armor market report include:
  • Lockheed Martin Corporation
  • General Dynamics Corporation
  • BAE Systems
  • Textron Inc.
  • Oshkosh Corporation
  • Rheinmetall AG
  • Elbit Systems Ltd.
  • Krauss-Maffei Wegmann GmbH & Co. KG
  • Patria Land Systems
  • FNSS Savunma Sistemleri A.Ş.
  • Plasan Sasa Ltd.
  • International Armored Group (IAG)
  • Iveco Defence Vehicles
  • Armormax
  • Alpine Armoring Inc.
  • Mezcal Security Vehicles
  • The Armored Group LLC
  • ND Defense LLC
  • INKAS Armored Vehicle Manufacturing
  • STREIT Group.

Table Information