Vehicle Armor Market Report 2025

The vehicle armor market size has grown strongly in recent years. It will grow from $7.89 billion in 2024 to $8.39 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to the growing need for personnel protection in hostile environments, increasing modernization of armed forces, increasing deployment of armored vehicles in peacekeeping missions, expansion of military vehicle fleets in emerging economies, rising urban warfare and asymmetric warfare challenges.

The vehicle armor market size is expected to see strong growth in the next few years. It will grow to $10.62 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. Growth over the forecast period will be driven by increasing geopolitical conflicts and global unrest, rising defense spending around the world, surging demand for armored military vehicles, the escalating threat posed by improvised explosive devices, and the increasing occurrence of terrorism and insurgent attacks. Key trends expected include innovations in armor material and composite technologies, rising preference for lightweight armor to enhance vehicle mobility, implementation of new ballistic protection benchmarks, emergence of unmanned armored systems, and growing interest in comprehensive multi-threat protection 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 players 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, and STREIT Group.

North America was the largest region in the vehicle armor market in 2024. The regions covered in vehicle armor report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vehicle armor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

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 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.

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.