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Armored Vehicles Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5351771
  • Report
  • June 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • BAE Systems
  • Ford Motor Company
  • IVECO
  • Lockheed Martin
  • Oshkosh Corp
  • Textron
  • MORE
Armored Vehicles Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global armored vehicles market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • 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 the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the armored vehicles ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Armored Vehicle market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider armored vehicles market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down 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. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape 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 trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The armored vehicles market section of the report gives context. It compares the armored vehicles market with other segments of the armored vehicles market by size and growth, historic and forecast.
Scope

Markets Covered:

1) By Vehicle Type: Armored Personnel Carrier; Infantry Fighting Vehicle; Main Battle Tanks; Tactical Truck; Bus; Other
2) By Platform: Combat Vehicles; Combat Support Vehicles; Unmanned Armored Ground Vehicles
3) By System: Engine; Drive System; Ballistic Armor; Fire Control System (Fcs); Armaments; Ammunition Handling System; Countermeasure System; Command and Control System; Others
4) By Mobility: Tracked; Wheeled; 4X4; 6X6; 8X8; Others

Companies Mentioned: BAE Systems; Oshkosh Corp; International Armored Group; General Dynamics Land Systems; Textron

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

Regions: Asia-Pacific; 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 segmentations: 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.

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

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE Systems
  • Ford Motor Company
  • IVECO
  • Lockheed Martin
  • Oshkosh Corp
  • Textron
  • MORE
1. Executive Summary

2. Armored Vehicles Market Characteristics

3. Armored Vehicles Market Trends And Strategies

4. Impact Of COVID-19 On Armored Vehicles

5. Armored Vehicles Market Size And Growth
5.1. Global Armored Vehicles Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Armored Vehicles Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Armored Vehicles Market Segmentation
6.1. Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Armored Personnel Carrier
  • Infantry Fighting Vehicle
  • Main Battle Tanks
  • Tactical Truck
  • Bus
  • Other
6.2. Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Combat Vehicles
  • Combat Support Vehicles
  • Unmanned Armored Ground Vehicles
6.3. Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Engine
  • Drive System
  • Ballistic Armor
  • Fire Control System (Fcs)
  • Armaments
  • Ammunition Handling System
  • Countermeasure System
  • Command And Control System
  • Others
6.4. Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Engine
  • Drive System
  • Ballistic Armor
  • Fire Control System (Fcs)
  • Armaments
  • Ammunition Handling System
  • Countermeasure System
  • Command And Control System
  • Others
6.5. Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Tracked
  • Wheeled
  • 4X4
  • 6X6
  • 8X8
  • Others
7. Armored Vehicles Market Regional And Country Analysis
7.1. Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Armored Vehicles Market
8.1. Asia-Pacific Armored Vehicles Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Armored Vehicles Market
9.1. China Armored Vehicles Market Overview
9.2. China Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Armored Vehicles Market
10.1. India Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Armored Vehicles Market
11.1. Japan Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Armored Vehicles Market
12.1. Australia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Armored Vehicles Market
13.1. Indonesia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Armored Vehicles Market
14.1. South Korea Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Armored Vehicles Market
15.1. Western Europe Armored Vehicles Market Overview
15.2. Western Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Armored Vehicles Market
16.1. UK Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Armored Vehicles Market
17.1. Germany Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Armored Vehicles Market
18.1. France Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Armored Vehicles Market
19.1. Eastern Europe Armored Vehicles Market Overview
19.2. Eastern Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Armored Vehicles Market
20.1. Russia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Armored Vehicles Market
21.1. North America Armored Vehicles Market Overview
21.2. North America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Armored Vehicles Market
22.1. USA Armored Vehicles Market Overview
22.2. USA Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Armored Vehicles Market
23.1. South America Armored Vehicles Market Overview
23.2. South America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Armored Vehicles Market
24.1. Brazil Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Armored Vehicles Market
25.1. Middle East Armored Vehicles Market Overview
25.2. Middle East Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Armored Vehicles Market
26.1. Africa Armored Vehicles Market Overview
26.2. Africa Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Armored Vehicles Market Competitive Landscape And Company Profiles
27.1. Armored Vehicles Market Competitive Landscape
27.2. Armored Vehicles Market Company Profiles
27.2.1. BAE Systems
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Oshkosh Corp
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. International Armored Group
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. General Dynamics Land Systems
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Textron
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

29. Key Mergers And Acquisitions In The Armored Vehicles Market

29. Armored Vehicles Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE Systems
  • Ford Motor Company
  • IVECO
  • Lockheed Martin
  • Oshkosh Corp
  • Textron
  • MORE
Major players in the armored vehicles market are BAE Systems, Oshkosh Corp, International Armored Group, General Dynamics Land Systems, Textron, Rheinmetall, Lockheed Martin, Krauss-Maffei Wegmann, INKAS Armored Vehicle, and Elbit Systems.

The global armored vehicles market is expected to decline from $5.69 billion in 2020 to $5.68 billion in 2021 at a compound annual growth rate (CAGR) of -0.2%. The armored vehicles market is anticipated to record a decline in market revenues in 2021 on account of post-COVID-19 implications involving workforce shortages and operational challenges and slowdown in global manufacturing activities. The market is expected to reach $6.35 billion in 2025 at a CAGR of 2.8%.

The armored vehicles market consists of sales of armored vehicles by entities (organizations, sole traders and partnerships) that produce armored vehicles. The armored fighting vehicle is a self-propelled, weaponized military vehicle used for combat operations.

The armored vehicles market covered in the report is segmented by vehicle type into armored personnel carrier, infantry fighting vehicle, main battle tanks, tactical truck, bus, others; by platform into combat vehicles, combat support vehicles, unmanned armored ground vehicles; by system into engine, drive system, ballistic armor, fire control system (FCS), armaments, ammunition handling system, countermeasure system, command and control system, others; by mobility into tracked, wheeled, 4x4, 6x6, 8x8, others.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The high cost of armored vehicles is expected to limit the growth of the armored vehicles market in the coming years. The cost of armored vehicles is high because armored vehicles are fitted with the strict attention to quality for providing uncompromising protection while being on the route. For example, Inkas Sentry Civilian is an armed personnel carrier that starts at a base price of $350,000. Therefore, the high cost of armored vehicles hinders the growth of the armored vehicles market.

In May 2020, BAE Systems, a USA based Aerospace company acquired Raytheon Company for an undisclosed amount. This acquisition augments BAE Systems’ portfolio in airborne communications with broad-spectrum, multi-band, multi-channel radios that feature robust anti-jamming and encryption capabilities. Raytheon Company is a USA defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics.

Increased military spending is expected to fuel the growth of the armored vehicles market over coming years. Countries around the world are investing in military because of their conflicts and rivalry with other nations. Military expenditure covers operations, maintenance, arms acquisition, armoured vehicles and military research and development. For instance, on December 20, 2019, the Japanese government signed off on its highest ever defence budget of $48.5 billion for the next financial year, amidst the increasing conflicts with Asia-Pacific. According to current results from the Stockholm International Peace Research Institute (SIPRI), overall global military budget increased to $1,917 billion in 2019. Therefore, the increased military spending drives the growth of the armored vehicles market.

The unmanned armored vehicle is a key trend gaining the popularity in the armored vehicles market. The use of unmanned armoured vehicles in the defence sector is increasingly evolving and military organisations around the globe are experimenting with their use in an attempt to understand what actually such systems can bring and how they can best be incorporated into existing power structures. For instance, in March 2020, the first unmanned armoured vehicle from SOORAN, capable of fighting on battlefields and operating from a distance, grabbed the attention of the Indian Army. SOORAN is an artificial intelligence multi-terrain vehicle fitted with a petrol engine and can be controlled in three modes, including remote teleoperation, mobile control station teleoperation and autonomous mode.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Note: Product cover images may vary from those shown
  • BAE Systems
  • Oshkosh Corp
  • International Armored Group
  • General Dynamics Land Systems
  • Textron
  • Rheinmetall
  • Lockheed Martin
  • Krauss-Maffei Wegmann
  • INKAS Armored Vehicle
  • Elbit Systems
  • IVECO
  • Lenco Industries
  • Navistar
  • Thales Group
  • STREIT Group
  • UralVagonZavod
  • Ukroboronprom
  • NORINCO
  • BMW
  • Ford Motor Company
  • The Raytheon
  • Mitsubishi Heavy Industries
  • Hyundai
Note: Product cover images may vary from those shown

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