Armored Vehicle Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023


Information contained on this page is provided by an independent third-party content provider. Frankly and this Station make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact


SOURCE ReportBuyer


LONDON, Sept. 20, 2016 /PRNewswire/ -- Military vehicles require robust capabilities to overcome threats from both internal damages and external sources. The deployment of military troops in extreme environmental scenarios has led to the investments in improving the vehicle competencies in terms of technology. Various rugged systems and devices are constantly being integrated in the military vehicles worldwide specific to different regional applications. Moreover, the development of landmines and other improvised explosive devices (IEDs), which pose major challenges to military vehicles, have amplified the concerns to protect the soldiers' lives in the battleground. These factors boost the demand for armored vehicles from the military organizations globally. Additionally, the advent of technology and improvement of multirole vehicles have also influenced the demand for armored vehicles among various law enforcement agencies worldwide. Considering the aforementioned factors, the global armored vehicles market is estimated to be growing at a significant pace.


Furthermore, the security challenges across the globe have lead to the generation of demand for armored commercial vehicles from civilians. The market for commercial armored vehicles is currently growing at a steady pace, however, it is expected to undergo a substantial boost during the forecast period and lead to the expansion of the overall armored vehicles market. This factor is estimated to develop new opportunities for the global armored vehicles manufacturers. On the contrary, the market for armored vehicles encounters major hindrances such as lack of standardized regulatory norms in Asia Pacific (APAC) and Rest of World (RoW). However, the impact of this restraint is analyzed to contract over the forecast period as the governments in different countries are gradually establishing regulations for armored vehicle manufacturing in all applications sectors namely, military, law enforcement and commercial.


In this report on the global armored vehicles, the market has been segmented based on technology, type and geography. The study highlights current market trends and provides the market size of 2014 and forecast from 2015 to 2023. The report covers the current market scenario for armored vehicle and highlights future trends that could affect the demand for the same. The global armored vehicles market is analyzed to observe a steady growth from 2015to2023 at a decent CAGR.
























Based on geography, the market has been segmented into North America, Europe, Asia Pacificand Rest of the World. On the basis of segmentation by type, the market has been categorized into light protected vehicles, infantry fighting vehicles, armored personnel carriers, main battle tanks, armored amphibious vehicles, mine resistance ambush protected (MRAP) vehicles and others. Additionally, the market has been segmented on the basis of technology which includes active protection system, inter operable communication, modular ballistic armor, electric armor, situational awareness, active mine protection and vehicle information integration. In addition to the market size of 2014, the forecasted market values from 2015 to 2023 have been provided in the report.


The report includes, analysis of macro and micro economic factors driving and restraining the growth of the global armored vehicles market. Moreover, the market attractiveness analysis provided in the report, highlights the major areas for future investments in the global armored vehicles industry. The report is intended to help armored vehicles suppliers and original equipment manufacturers in understanding the current and upcoming opportunities in the global armored vehicles market and formulating their business strategies accordingly. In addition, the report is expected to benefit the governments, military organizations and other buyer communities.


This study includes the profiles of 10 major players in the global armored vehicle market and the strategies adopted by them to sustain in the competition. The key participants in the global armored vehicles market include Oshkosh Corporation, BAE Systems plc, Rheinmetall Defence, Lockheed Martin Corporation, Elbit Systems Ltd., The Raytheon Company, Krauss-Maffei Wegmann GmbH & Co. KG, General Dynamics Corporation, INKAS Armored Vehicle Manufacturing, International Armored Group and STREIT Group among others.


Global Armored Vehicle Market, 2015 – 2023: By Technology


Active Protection System


Inter Operable Communication


Modular Ballistic Armor


Electric Armor


Situational Awareness System


Active Mine Protection


Vehicle Information Integration


Global Armored Vehicle Market, 2015 – 2023: By Type


Light Protected Vehicles


Infantry Fighting Vehicles


Armored Personnel Carriers


Armored Amphibious Vehicles


Main Battle Tanks


Mine Resistant Ambush Protected Vehicles




Global Armored Vehicle Market, 2015 – 2023: By Application




Law Enforcement




Global Armored Vehicle Market, 2015 – 2023: By Geography


North America




















Rest of Europe


Asia Pacific (APAC)








Rest of APAC


Rest of the World (RoW)


Middle East and Africa (MEA)


Saudi Arabia






South Africa


Rest of MEA


South America




Rest of South America


Download the full report:


About Reportbuyer

Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers


 For more information:

Sarah Smith

Research Advisor at


Tel: +44 208 816 85 48



SOURCE ReportBuyer


Related Links




Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Submitting Form...

The server encountered an error.

Form Submitted Successfully. We will get back to you as quickly as possible.



Armored Suv, Armored Cars, UAE Armored Vehicles, UAE Armored Land Cruiser, UAE Vehicle Armouring Middle East, Car Armoring Dubai, Vehicle Armoring UAE, UAE Ballistic Testing Car, Armouring Middle East, Vehicle Armouring Dubai, Vehicle Armouring UAE, Car Armouring UAE, Armoured Cars Dubai, Armoured Car UAE, Armored Cars Middle East, Armored Cars Dubai, Armoured Cars For Sale, Armored ARS For Sale, Armoured Car Manufacturers, Cars Security, Vehicles Protection, Armoured Protection, Middle East Armouring, Middle East Armoring, VIP Armored Cars, UAE Armoring Companies, Armored Tactical Vehicles, Armored Land Cruiser, Armoured Lexus, Armoured Suburban, Armoured Camry, B4 Level Armor, B6 Level Armor, Armored Cars For Sale, Armored Vehicles For Sale, Cars For Sale in UAE


All rights reserved. Copyright© 2012-2016 : UAE Armoring Companies

Subscribe via Email