Armored Vehicles Market Size, Share, Trends, Industry Analysis Report - By Platform, Mobility, System, Mode of Operation, Type, Point of Sale, and Region; Market Forecast, 2024-2032

Description

List of Tables

The armored vehicles market size is expected to reach USD 66.62 billion by 2032, according to a new study by Polaris Market Research. The report "Armored Vehicles Market, Size, Share, Trends, Industry Analysis Report - By Platform (Combat Vehicles, Combat Support Vehicles, and Unmanned Armored Vehicles), Mobility, System, Mode of Operation, Type, Point of Sale, and Region; Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The armored vehicles market is driven by rising defense expenditures, geopolitical tensions, and increasing demand for advanced military capabilities. These vehicles, which include tanks, personnel carriers, and infantry fighting vehicles, are crucial for enhancing military mobility and protection in combat scenarios. The integration of advanced technologies such as autonomous systems, AI, and advanced weaponry, enhancing vehicle performance and survivability, is further fueling the market growth. Additionally, the modernization of defense forces and counter-terrorism efforts are contributing to the global demand for armored vehicles, particularly in regions facing security challenges.

The armored vehicles market is primarily driven by the increasing partnerships by key players to develop autonomous vehicles. In May 2024, Kodiak Robotics & Textron Systems partnered to introduce a new autonomous military vehicle. A new vehicle prototype from Textron will integrate the "Kodiak Driver" developed by Kodiak Robotics, recognized for its self-driving trucking technology.

The increasing need for common tactical trucks, owing to their advantages, such as support in a wide range of missions and operational needs, boosts the armored vehicles market growth. In January 2023, the US Army selected four companies, including Mack Defense, Navistar Defense, Oshkosh Defense, and a partnership between American Rheinmetall Vehicles and GM Defense, to create prototypes for the Common Tactical Truck (CTT). Each was awarded part of a USD 24.3 million contract to develop three prototypes each for a total of 12 vehicles across different types, including the M915 line haul tractor, M1088 medium tractor, palletized load system, and heavy expanded mobility tactical truck.

Market players are expanding their product offerings to provide a range of armored vehicle systems such as ballistic armor, ammunition handling systems, and armaments to cater to customer's need and stay ahead of the market competition. In February 2024, Rheinmetall displayed a range of defense products during Enforce Tac. A few of the high-rated products include a comprehensive range of ballistic armor, fresh laser-light modules, the Caracal special operation vehicle, Survivor-R, and SSW40 grenade launcher. This will also show off the high visibility vests made for traffic stops and a modular ballistic vest for the SWAT teams.

Armored Vehicles Market Report Highlights

By platform, the unmanned armored vehicles segment is anticipated to witness the highest growth during the forecast period due to continuous technological advancements and operational efficiency.

The combat vehicles segment accounted for the largest market share in 2023, owing to their widespread use in military forces globally for defensive and offensive operations.

The wheeled segment, based on mobility, is projected to experience a larger revenue share in 2023 due to speed, mobility, and cost-effectiveness.

North America dominated the global armored vehicles market share in 2023, attributable to significant defense spending and continuous military modernization efforts in the region.

BAE Systems plc., General Dynamics Corporation, Rheinmetall AG, Oshkosh Corporation, Lockheed Martin Corporation, Thales Group, Navistar International Corporation, ST Engineering, Textron Inc. and Leonardo S.p.A. are among the global players.

Polaris Market Research has segmented the armored vehicles market report on the basis of, platform, mobility, system, mode of operation, type, point of sale, and region:

By Platform Outlook (Revenue - USD Billion, 2019-2032)

Combat Vehicles
Combat Support Vehicles
Unmanned Armored Vehicles

By Mobility Outlook (Revenue - USD Billion, 2019-2032)

Wheeled
Tracked

By System Outlook (Revenue - USD Billion, 2019-2032)

Engines
Drive Systems
Ballistic Armor
Turret Drives
Fire Control Systems
Armaments
Ammunition Handling Systems
Countermeasure Systems
Command & Control Systems
Power Systems
Navigation Systems
Observation & Display Systems
Hulls/Frames

By Mode of Operation Outlook (Revenue - USD Billion, 2019-2032)

Manned
Unmanned

By Type Outlook (Revenue - USD Billion, 2019-2032)

Electric
Conventional

By Point of Sale Outlook (Revenue - USD Billion, 2019-2032)

OEM
Retrofit

By Regional Outlook (Revenue - USD Billion, 2019-2032)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Mexico
Rest of LA
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of ME

Product Code: PM5140

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Armored Vehicles Market Insights

4.1. Armored Vehicles Market - Application Snapshot
4.2. Armored Vehicles Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Advancements in Technology Stimulate Armored Vehicles Market
  - 4.2.1.2. Rising Defense Budgets Boost Armored Vehicles Market Growth
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Investments in Advanced Technology Restrain Armored Vehicles Market
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Armored Vehicles Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Armored Vehicles Market, by Platform

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
5.3. Combat Vehicles
- 5.3.1. Global Armored Vehicles Market, by Combat Vehicles, by Region, 2019-2032 (USD Billion)
5.4. Combat Support Vehicles
- 5.4.1. Global Armored Vehicles Market, by Combat Support Vehicles, by Region, 2019-2032 (USD Billion)
5.5. Unmanned Armored Vehicles
- 5.5.1. Global Armored Vehicles Market, by Unmanned Armored Vehicles, by Region, 2019-2032 (USD Billion)

6. Global Armored Vehicles Market, by Mobility

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
6.3. Wheeled
- 6.3.1. Global Armored Vehicles Market, by Wheeled, by Region, 2019-2032 (USD Billion)
6.4. Tracked
- 6.4.1. Global Armored Vehicles Market, by Multirotor, by Region, 2019-2032 (USD Billion)

7. Global Armored Vehicles Market, by System

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Armored Vehicles Market, by System, 2019-2032 (USD Billion)
7.3. Engines
- 7.3.1. Global Armored Vehicles Market, by Engines, by Region, 2019-2032 (USD Billion)
7.4. Drive Systems
- 7.4.1. Global Armored Vehicles Market, by Drive Systems, by Region, 2019-2032 (USD Billion)
7.5. Ballistic Armor
- 7.5.1. Global Armored Vehicles Market, by Ballistic Armor, by Region, 2019-2032 (USD Billion)
7.6. Turret Drives
- 7.6.1. Global Armored Vehicles Market, by Turret Drives, by Region, 2019-2032 (USD Billion)
7.7. Fire Control Systems
- 7.7.1. Global Armored Vehicles Market, by Fire Control Systems, by Region, 2019-2032 (USD Billion)
7.8. Armaments
- 7.8.1. Global Armored Vehicles Market, by Armaments, by Region, 2019-2032 (USD Billion)
7.9. Ammunition Handling Systems
- 7.9.1. Global Armored Vehicles Market, by Ammunition Handling Systems, by Region, 2019-2032 (USD Billion)
7.10. Countermeasure Systems
- 7.10.1. Global Armored Vehicles Market, by Countermeasure Systems, by Region, 2019-2032 (USD Billion)
7.11. Command & Control Systems
- 7.11.1. Global Armored Vehicles Market, by Command & Control Systems, by Region, 2019-2032 (USD Billion)
7.12. Power Systems
- 7.12.1. Global Armored Vehicles Market, by Power Systems, by Region, 2019-2032 (USD Billion)
7.13. Navigation Systems
- 7.13.1. Global Armored Vehicles Market, by Navigation Systems, by Region, 2019-2032 (USD Billion)
7.14. Observation & Display Systems
- 7.14.1. Global Armored Vehicles Market, by Observation & Display Systems, by Region, 2019-2032 (USD Billion)
7.15. Hulls/Frames
- 7.15.1. Global Armored Vehicles Market, by Hulls/Frames, by Region, 2019-2032 (USD Billion)

8. Global Armored Vehicles Market, by Mode of Operation

8.1. Key Findings
8.2. Introduction
- 8.2.1. Global Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
8.3. Manned
- 8.3.1. Global Armored Vehicles Market, by Manned, by Region, 2019-2032 (USD Billion)
8.4. Unmanned
- 8.4.1. Global Armored Vehicles Market, by Unmanned, by Region, 2019-2032 (USD Billion)

9. Global Armored Vehicles Market, by Type

9.1. Key Findings
9.2. Introduction
- 9.2.1. Global Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
9.3. Electric
- 9.3.1. Global Armored Vehicles Market, by Electric, by Region, 2019-2032 (USD Billion)
9.4. Conventional
- 9.4.1. Global Armored Vehicles Market, by Conventional, by Region, 2019-2032 (USD Billion)

10. Global Armored Vehicles Market, by Point of Sale

10.1. Key Findings
10.2. Introduction
- 10.2.1. Global Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
10.3. OEM
- 10.3.1. Global Armored Vehicles Market, by OEM, by Region, 2019-2032 (USD Billion)
10.4. Retrofit
- 10.4.1. Global Armored Vehicles Market, by Retrofit, by Region, 2019-2032 (USD Billion)

11. Global Armored Vehicles Market, by Geography

11.1. Key Findings
11.2. Introduction
- 11.2.1. Armored Vehicles Market Assessment, By Geography, 2019-2032 (USD Billion)
11.3. Armored Vehicles Market - North America
- 11.3.1. North America: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
- 11.3.2. North America: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
- 11.3.3. North America: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
- 11.3.4. North America: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
- 11.3.5. North America: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
- 11.3.6. North America: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.3.7. Armored Vehicles Market - U.S.
  - 11.3.7.1. U.S.: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.3.7.2. U.S.: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.3.7.3. U.S.: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.3.7.4. U.S.: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.3.7.5. U.S.: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.3.7.6. U.S.: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.3.8. Armored Vehicles Market - Canada
  - 11.3.8.1. Canada: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.3.8.2. Canada: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.3.8.3. Canada: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.3.8.4. Canada: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.3.8.5. Canada: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.3.8.6. Canada: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
11.4. Armored Vehicles Market - Europe
- 11.4.1. Europe: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
- 11.4.2. Europe: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
- 11.4.3. Europe: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
- 11.4.4. Europe: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
- 11.4.5. Europe: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
- 11.4.6. Europe: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.7. Armored Vehicles Market - UK
  - 11.4.7.1. UK: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.7.2. UK: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.7.3. UK: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.7.4. UK: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.7.5. UK: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.7.6. UK: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.8. Armored Vehicles Market - France
  - 11.4.8.1. France: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.8.2. France: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.8.3. France: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.8.4. France: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.8.5. France: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.8.6. France: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.9. Armored Vehicles Market - Germany
  - 11.4.9.1. Germany: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.9.2. Germany: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.9.3. Germany: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.9.4. Germany: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.9.5. Germany: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.9.6. Germany: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.10. Armored Vehicles Market - Italy
  - 11.4.10.1. Italy: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.10.2. Italy: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.10.3. Italy: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.10.4. Italy: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.10.5. Italy: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.10.6. Italy: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.11. Armored Vehicles Market - Spain
  - 11.4.11.1. Spain: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.11.2. Spain: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.11.3. Spain: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.11.4. Spain: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.11.5. Spain: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.11.6. Spain: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.12. Armored Vehicles Market - Netherlands
  - 11.4.12.1. Netherlands: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.12.2. Netherlands: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.12.3. Netherlands: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.12.4. Netherlands: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.12.5. Netherlands: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.12.6. Netherlands: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.13. Armored Vehicles Market - Russia
  - 11.4.13.1. Russia: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.13.2. Russia: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.13.3. Russia: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.13.4. Russia: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.13.5. Russia: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.13.6. Russia: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.4.14. Armored Vehicles Market - Rest of Europe
  - 11.4.14.1. Rest of Europe: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.4.14.2. Rest of Europe: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.4.14.3. Rest of Europe: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.4.14.4. Rest of Europe: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.4.14.5. Rest of Europe: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.4.14.6. Rest of Europe: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
11.5. Armored Vehicles Market - Asia Pacific
- 11.5.1. Asia Pacific: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
- 11.5.2. Asia Pacific: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
- 11.5.3. Asia Pacific: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
- 11.5.4. Asia Pacific: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
- 11.5.5. Asia Pacific: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
- 11.5.6. Asia Pacific: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.7. Armored Vehicles Market - China
  - 11.5.7.1. China: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.7.2. China: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.7.3. China: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.7.4. China: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.7.5. China: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.7.6. China: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.8. Armored Vehicles Market - India
  - 11.5.8.1. India: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.8.2. India: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.8.3. India: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.8.4. India: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.8.5. India: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.8.6. India: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.9. Armored Vehicles Market - Malaysia
  - 11.5.9.1. Malaysia: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.9.2. Malaysia: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.9.3. Malaysia: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.9.4. Malaysia: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.9.5. Malaysia: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.9.6. Malaysia: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.10. Armored Vehicles Market - Japan
  - 11.5.10.1. Japan: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.10.2. Japan: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.10.3. Japan: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.10.4. Japan: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.10.5. Japan: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.10.6. Japan: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.11. Armored Vehicles Market - Indonesia
  - 11.5.11.1. Indonesia: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.11.2. Indonesia: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.11.3. Indonesia: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.11.4. Indonesia: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.11.5. Indonesia: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.11.6. Indonesia: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.12. Armored Vehicles Market - South Korea
  - 11.5.12.1. South Korea: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.12.2. South Korea: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.12.3. South Korea: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.12.4. South Korea: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.12.5. South Korea: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.12.6. South Korea: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.13. Armored Vehicles Market - Australia
  - 11.5.13.1. Australia: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.13.2. Australia: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.13.3. Australia: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.13.4. Australia: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.13.5. Australia: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.13.6. Australia: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.5.14. Armored Vehicles Market - Rest of Asia Pacific
  - 11.5.14.1. Rest of Asia Pacific: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.5.14.2. Rest of Asia Pacific: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.5.14.3. Rest of Asia Pacific: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.5.14.4. Rest of Asia Pacific: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.5.14.5. Rest of Asia Pacific: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.5.14.6. Rest of Asia Pacific: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
11.6. Armored Vehicles Market - Middle East & Africa
- 11.6.1. Middle East & Africa: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
- 11.6.2. Middle East & Africa: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
- 11.6.3. Middle East & Africa: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
- 11.6.4. Middle East & Africa: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
- 11.6.5. Middle East & Africa: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
- 11.6.6. Middle East & Africa: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.6.7. Armored Vehicles Market - Saudi Arabia
  - 11.6.7.1. Saudi Arabia: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.6.7.2. Saudi Arabia: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.6.7.3. Saudi Arabia: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.6.7.4. Saudi Arabia: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.6.7.5. Saudi Arabia: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.6.7.6. Saudi Arabia: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.6.8. Armored Vehicles Market - UAE
  - 11.6.8.1. UAE: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.6.8.2. UAE: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.6.8.3. UAE: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.6.8.4. UAE: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.6.8.5. UAE: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.6.8.6. UAE: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.6.9. Armored Vehicles Market - Israel
  - 11.6.9.1. Israel: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.6.9.2. Israel: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.6.9.3. Israel: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.6.9.4. Israel: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.6.9.5. Israel: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.6.9.6. Israel: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.6.10. Armored Vehicles Market - South Africa
  - 11.6.10.1. South Africa: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.6.10.2. South Africa: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.6.10.3. South Africa: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.6.10.4. South Africa: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.6.10.5. South Africa: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.6.10.6. South Africa: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.6.11. Armored Vehicles Market - Rest of Middle East & Africa
  - 11.6.11.1. Rest of Middle East & Africa: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.6.11.2. Rest of Middle East & Africa: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.6.11.3. Rest of Middle East & Africa: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.6.11.4. Rest of Middle East & Africa: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.6.11.5. Rest of Middle East & Africa: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.6.11.6. Rest of Middle East & Africa: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
11.7. Armored Vehicles Market - Latin America
- 11.7.1. Latin America: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
- 11.7.2. Latin America: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
- 11.7.3. Latin America: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
- 11.7.4. Latin America: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
- 11.7.5. Latin America: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
- 11.7.6. Latin America: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.7.7. Armored Vehicles Market - Mexico
  - 11.7.7.1. Mexico: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.7.7.2. Mexico: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.7.7.3. Mexico: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.7.7.4. Mexico: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.7.7.5. Mexico: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.7.7.6. Mexico: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.7.8. Armored Vehicles Market - Brazil
  - 11.7.8.1. Brazil: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.7.8.2. Brazil: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.7.8.3. Brazil: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.7.8.4. Brazil: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.7.8.5. Brazil: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.7.8.6. Brazil: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.7.9. Armored Vehicles Market - Argentina
  - 11.7.9.1. Argentina: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.7.9.2. Argentina: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.7.9.3. Argentina: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.7.9.4. Argentina: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.7.9.5. Argentina: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.7.9.6. Argentina: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)
- 11.7.10. Armored Vehicles Market - Rest of Latin America
  - 11.7.10.1. Rest of Latin America: Armored Vehicles Market, by Platform, 2019-2032 (USD Billion)
  - 11.7.10.2. Rest of Latin America: Armored Vehicles Market, by Mobility, 2019-2032 (USD Billion)
  - 11.7.10.3. Rest of Latin America: Armored Vehicles Market, by System, 2019-2032 (USD Billion)
  - 11.7.10.4. Rest of Latin America: Armored Vehicles Market, by Mode of Operation, 2019-2032 (USD Billion)
  - 11.7.10.5. Rest of Latin America: Armored Vehicles Market, by Type, 2019-2032 (USD Billion)
  - 11.7.10.6. Rest of Latin America: Armored Vehicles Market, by Point of Sale, 2019-2032 (USD Billion)

12. Competitive Landscape

12.1. Expansion and Acquisition Analysis
- 12.1.1. Expansion
- 12.1.2. Acquisitions
12.2. Partnerships/Collaborations/Agreements/Exhibitions

13. Company Profiles

13.1. BAE Systems plc.
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Benchmarking
- 13.1.4. Recent Development
13.2. General Dynamics Corporation
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Benchmarking
- 13.2.4. Recent Development
13.3. Rheinmetall AG
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Benchmarking
- 13.3.4. Recent Development
13.4. Oshkosh Corporation
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Benchmarking
- 13.4.4. Recent Development
13.5. Lockheed Martin Corporation
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Benchmarking
- 13.5.4. Recent Development
13.6. Thales Group
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Benchmarking
- 13.6.4. Recent Development
13.7. Navistar International Corporation
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Benchmarking
- 13.7.4. Recent Development
13.8. ST Engineering
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Benchmarking
- 13.8.4. Recent Development
13.9. Textron Inc.
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Benchmarking
- 13.9.4. Recent Development
13.10. Leonardo S.p.A.
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Benchmarking
- 13.10.4. Recent Development