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Armored Vehicles - Market Analysis, Trends, and Forecasts

  • ID: 4805084
  • Report
  • 366 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Bae Systems Plc
  • Bmw Ag
  • Elbit Systems Ltd.
  • Ford Motor Company
  • Mercedes-Benz
  • Oshkosh Defense
  • MORE
The Armored Vehicles market worldwide is projected to grow by US$3.5 Billion, driven by a compounded growth of 3.3%. Combat Vehicles, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.2 Billion by the year 2025, Combat Vehicles will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$131.6 Million to the region's size and clout in the next 5 to 6 years. Over US$105.3 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Combat Vehicles will reach a market size of US$651.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.1% over the next couple of years and add approximately US$962.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • BAE Systems PLC
  • BMW AG
  • Elbit Systems Ltd.
  • Ford Motor Company
  • General Dynamics Corporation
  • Lockheed Martin Corporation
  • Mercedes-Benz
  • Oshkosh Defense
  • Textron Inc.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bae Systems Plc
  • Bmw Ag
  • Elbit Systems Ltd.
  • Ford Motor Company
  • Mercedes-Benz
  • Oshkosh Defense
  • MORE

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Perils of International & Internal Conflicts Keeps the Armored Vehicles Market Afloat

Least Peaceful Countries in the World

Countries Most Affected by Terrorism

Product Overview

Armored Vehicles

Global Competitor Market Shares

Armored Vehicles Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Rise of Asymmetric Wars Poised to Shape Future of the Armored Vehicles Market

Increasing Military Spending Continues to Fuel Growth

Defense Spending Budgets of Major Worldwide Economies

India and Japan Boost in Military Outlay Amid Tensions with China

Increasing Demand for MRAP Vehicles

Armed Robotic Ground Vehicles Gains Prominence

High Mobility Multi-purpose Wheeled Vehicles, Centerpiece of Vehicular Force Modernization

Armored Vehicle Lethality Fine-tuned to Combat in Dense Urban Environments

Mobility Critical for Future Warfare

Civilian Armored Vehicles Securing Elite Personalities

Technological Advancements Bolster Market Growth

Self-Defense of Armored Vehicles

Scarabée Comes with Free Range of Movement

Competition

Leading Main Battle Tanks

Major Armored Personnel Carriers

Key Infantry Fighting Vehicles

Select Amphibious Assault Vehicles

Regional Markets

Armored Vehicles Market Scenario in Europe

Fragmented European Defense Sector Shows Signs of Consolidation

Lithuania Embarks on Ambitious Modernization Plan

Political Instability & Terror Threats Offer New Opportunities to Turkish Armored Vehicles

Future Ready Combat Vehicles to Replace Existing T-72 Tanks in India

Latin America Shifts its Focus from Heavy Battle Tanks to Sophisticated Light Armored Vehicle Platforms

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Armored Vehicles Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Armored Vehicles Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

BAE SYSTEMS PLC

BMW AG

ELBIT SYSTEMS LTD.

FORD MOTOR COMPANY

GENERAL DYNAMICS CORPORATION

LOCKHEED MARTIN CORPORATION

MERCEDES-BENZ

OSHKOSH DEFENSE

TEXTRON

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Bae Systems Plc
  • Bmw Ag
  • Elbit Systems Ltd.
  • Ford Motor Company
  • General Dynamics Corporation
  • Lockheed Martin Corporation
  • Mercedes-Benz
  • Oshkosh Defense
  • Textron
Note: Product cover images may vary from those shown
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