Armored Vehicle Market, By Mobility, By Point of Sale, By Mode of Operation, By Product, By Type, By System, By Country, and By Region - Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

Description

Armored Vehicle Market size was valued at US$ 31,897.34 Million in 2024, expanding at a CAGR of 5.5% from 2025 to 2032.

An armored vehicle is a highly advanced vehicle that can protect against bullets, rifles, and other dangerous projectiles. These vehicles are intended to combat adverse situations for both commercial and military users. Armored vehicles allow police officers, soldiers, troops, high-profile figures, and even civilians in conflict zones to move confidently. The Armored Vehicle Market is expanding as a result of increased defense modernization programs and demand for better battlefield protection. To improve mobility and survivability, advanced technologies such as active protection systems, unmanned turrets, and hybrid propulsion are increasingly being used. However, high procurement and maintenance costs continue to be a major constraint, particularly in developing countries. At the same time, rising geopolitical tensions and cross-border conflicts present significant opportunities for manufacturers to supply next-generation armored solutions globally.

Armored Vehicle Market- Market Dynamics

Rising Terrorist Attacks in the Armored Vehicle Market

The rising number of terrorist attacks is expected to drive future growth in the armored vehicle market. Terrorist attacks are violent acts committed by individuals, groups, or organizations with the intent of instilling fear, panic, and disruption to achieve various political, ideological, religious, or social goals. Armored vehicles are used to protect against terrorist attacks, theft, and violent crimes, as well as to provide security in high-risk areas from snipers, small arms fire, and rocket-propelled grenades (RPGs). For instance, according to the Global Terrorism Index, published by the Institute for Economics and Peace, an Australia-based global think tank, there were an average of 1.3 deaths per terrorist attack in 2021, which increased to an average of 1.7 people per attack in 2022. As a result, rising terrorist attacks are fueling the expansion of the armored vehicle industry.

Armored Vehicle Market- Segmentation Analysis:

The Global Armored Vehicle Market is segmented on the basis of Mobility, Point of Sale, Mode of Operation, Product, Type, System, and Region.

In terms of product, the combat vehicles segment is significant in the market during the forecast period. The segmental market growth is driven by current and future demand for infantry mechanization and modernization programs in both developing and developed countries around the world. For example, in July 2022, according to the European Union's Permanent Structured Cooperation Office (PESCO), EU member states such as Italy, Finland, and Slovakia launched a project to conduct RDT&E on a common prototype for the development of infantry fighting vehicles, amphibious assault vehicles, and a light armored vehicle. The shared prototype platform will help with faster combat deployment manoeuvres, ISR operations, logistics support, combat support, command and control operations, and medical support. It will also aid in the development of interoperability among EU member states' armed forces.

Based on Mobility, during the forecast period, the wheeled segment will account for the majority of market share. It is expected to see increased adoption due to its utility in special operations, troop deployment, border patrol operations, combat support operations, such as command and control, and medical support for armed forces. The military's increased demand for 4X4 LAVs for intelligence, surveillance, and reconnaissance (ISR) and transportation applications is attributed to the rise. In May 2020, China North Industries Group Corporation (NORINCO) launched airdrop-capable four-wheeled military vehicles for the Chinese Air Force. The tracked category will grow significantly as more main battle tanks and vehicles used in difficult terrains are acquired.

Armored Vehicle Market- Geographical Insights

North America is expanding due to increased defense spending, particularly in the United States, which has boosted demand for advanced armored vehicles. Concerns about domestic security and the need to modernize aging military fleets have prompted increased procurement. The region's critical infrastructure, including transportation and utilities, must be protected in an ever-changing security landscape. In addition, technological advancements and the development of versatile armoured vehicles have piqued the interest of both military and law enforcement agencies, thereby contributing to market growth.

United States Armored Vehicle Market- Country Insights

The United States holds a sizable share of the global armored vehicle market. The presence of major manufacturers in the region, as well as substantial military budgets in the United States, has aided market growth in North America. Furthermore, the United States Defense Ministry is focusing on deploying armored electric vehicles for efficient operational capabilities, which is expected to boost market growth during the forecast period. Moreover, the increase in military and defense budgets is expected to drive revenue growth during the forecast period. For example, in 2024, the United States will spend USD 997 billion on defense, which is more than the next nine countries combined. China, the second largest defense spender, spent USD 314 billion on military expenditures in 2024.

Armored Vehicle Market- Competitive Landscape:

The competitive landscape of the armored vehicle market is characterized by the presence of a number of key players, ranging from established defense contractors to emerging companies that specialize in advanced technologies. The market is extremely competitive, with companies focusing on innovation, strategic partnerships, and mergers and acquisitions to improve their market position. Continuous technological advancements and the need for modernization are driving companies to invest heavily in R&D, resulting in a dynamic and ever-changing marketplace. General Dynamics Corporation, BAE Systems, Oshkosh Corporation, and Rheinmetall AG were among the most prominent 2023 participants. In February 2021, the Indian Prime Minister handed over the Arjun Main Battle Tank Mark-1A (MK-1A) to the Indian Army, which was developed by the Defense Research and Development Organization. The Arjun MBT Mk IA boasts high mobility, superior firepower, outstanding protection, and crew comfort.

Recent Developments:

In February 2025, Tata Motors Limited unveiled India's first NATO-standard LAMV armored vehicle at the IDEX 2025 exhibition. This global launch is a significant milestone for India's defense sector, demonstrating its capabilities and strengthening its position in the global armored vehicle market. Tata Motors Limited also announced plans to jointly manufacture vehicles in the UAE as part of its global expansion strategy.

In April 2025, Axon Vision collaborated with CZECHOSLOVAK GROUP a.s., through its subsidiary RETIA a.s., to modernize European armored vehicle fleets. The collaboration began with integrating Axon Vision's EdgeSA system into the PANDUR 8X8 EVO and expanded to other platforms, including the TADEAS 6X6. The agreement marks the start of a long-term strategic partnership aimed at developing armored vehicle capabilities and exploring broader defense opportunities in Europe.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL ARMORED VEHICLE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

AE Systems
International Armored Group
IVECO
STAT, Inc.
Textron, Inc.
Thales Group
Krauss-Maffei Wegmann GmbH & Co. (KMW)
Lenco Industries, Inc.
Elbit Systems
Ford Motor Company
General Dynamics Corporation
INKAS Armored Vehicle OEM
Lockheed Martin Corporation
BMW AG
Daimler AG (Mercedes Benz)
Navistar, Inc.
Oshkosh Defense, LLC
Rheinmetall AG
Others

GLOBAL ARMORED VEHICLE MARKET, BY MOBILITY- MARKET ANALYSIS, 2019 - 2032

Tracked
Wheeled
4x4
6x6
8x8
10x10
12x12

GLOBAL ARMORED VEHICLE MARKET, BY POINT OF SALE- MARKET ANALYSIS, 2019 - 2032

OEM
Retrofit

GLOBAL ARMORED VEHICLE MARKET, BY MODE OF OPERATION- MARKET ANALYSIS, 2019 - 2032

Unmanned Armored Vehicles
Manned Armored Vehicles

GLOBAL ARMORED VEHICLE MARKET, BY PRODUCT- MARKET ANALYSIS, 2019 - 2032

Combat Support Vehicles
Armored Supply Trucks
Armored Ambulance Vehicles
Armored Ammunition Carrier Vehicles
Armored Command and Control Vehicles
Repain and Recovery Vehicles
Armored Engineering Vehicles
Combat Vehicles
Main Battle Tank
Infantry Fighting Vehicle
Self-Propelled Howitzers
Air Defense Vehicles
Armored Personal Carriers
Armored Amphibious Vehicles
Mine-Resistant Ambush Protected Vehicles
Light Armored Vehicles
Armored Morter Carriers
Unmanned Armored Ground Vehicles
Combat UAGV
ISR UAGV
Combat Support UAGV
Reconnaissance UAGV
Explosive Ordnance Disposal UAGV

GLOBAL ARMORED VEHICLE MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032

Conventional Armored Vehicles
Electric Armored Vehicles

GLOBAL ARMORED VEHICLE MARKET, BY SYSTEM- MARKET ANALYSIS, 2019 - 2032

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

GLOBAL ARMORED VEHICLE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA

Product Code: ANV5834

1. Armored Vehicle Market Overview

1.1. Study Scope
1.2. Market Estimation Years

2. Executive Summary

2.1. Market Snippet
- 2.1.1. Armored Vehicle Market Snippet by Mobility
- 2.1.2. Armored Vehicle Market Snippet by Point of Sale
- 2.1.3. Armored Vehicle Market Snippet by Mode of Operation
- 2.1.4. Armored Vehicle Market Snippet by Product
- 2.1.5. Armored Vehicle Market Snippet by Type
- 2.1.6. Armored Vehicle Market Snippet by System
- 2.1.7. Armored Vehicle Market Snippet by Country
- 2.1.8. Armored Vehicle Market Snippet by Region
2.2. Competitive Insights

3. Armored Vehicle Key Market Trends

3.1. Armored Vehicle Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
3.2. Armored Vehicle Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
3.3. Armored Vehicle Market Opportunities
3.4. Armored Vehicle Market Future Trends

4. Armored Vehicle Industry Study

4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis

5. Armored Vehicle Market: Impact of Escalating Geopolitical Tensions

5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts

6. Armored Vehicle Market Landscape

6.1. Armored Vehicle Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis

7. Armored Vehicle Market - By Mobility

7.1. Overview
- 7.1.1. Segment Share Analysis, By Mobility, 2024 & 2032 (%)
- 7.1.2. Tracked
- 7.1.3. Wheeled
  - 7.1.3.1. 4x4
  - 7.1.3.2. 6x6
  - 7.1.3.3. 8x8
  - 7.1.3.4. 10x10
  - 7.1.3.5. 12x12

8. Armored Vehicle Market - By Point of Sale

8.1. Overview
- 8.1.1. Segment Share Analysis, By Point of Sale, 2024 & 2032 (%)
- 8.1.2. OEM
- 8.1.3. Retrofit

9. Armored Vehicle Market - By Mode of Operation

9.1. Overview
- 9.1.1. Segment Share Analysis, By Mode of Operation, 2024 & 2032 (%)
- 9.1.2. Unmanned Armored Vehicles
- 9.1.3. Manned Armored Vehicles

10. Armored Vehicle Market - By Product

10.1. Overview
- 10.1.1. Segment Share Analysis, By Product, 2024 & 2032 (%)
- 10.1.2. Combat Support Vehicles
  - 10.1.2.1. Armored Supply Trucks
  - 10.1.2.2. Armored Ambulance Vehicles
  - 10.1.2.3. Armored Ammunition Carrier Vehicles
  - 10.1.2.4. Armored Command and Control Vehicles
  - 10.1.2.5. Repain and Recovery Vehicles
  - 10.1.2.6. Armored Engineering Vehicles
- 10.1.3. Combat Vehicles
  - 10.1.3.1. Main Battle Tank
  - 10.1.3.2. Infantry Fighting Vehicle
  - 10.1.3.3. Self-Propelled Howitzers
  - 10.1.3.4. Air Defense Vehicles
  - 10.1.3.5. Armored Personal Carriers
  - 10.1.3.6. Armored Amphibious Vehicles
  - 10.1.3.7. Mine-Resistant Ambush Protected Vehicles
  - 10.1.3.8. Light Armored Vehicles
  - 10.1.3.9. Armored Morter Carriers
- 10.1.4. Unmanned Armored Ground Vehicles
  - 10.1.4.1. Combat UAGV
  - 10.1.4.2. ISR UAGV
  - 10.1.4.3. Combat Support UAGV
  - 10.1.4.4. Reconnaissance UAGV
  - 10.1.4.5. Explosive Ordnance Disposal UAGV

11. Armored Vehicle Market - By Type

11.1. Overview
- 11.1.1. Segment Share Analysis, By Type, 2024 & 2032 (%)
- 11.1.2. Conventional Armored Vehicles
- 11.1.3. Electric Armored Vehicles

12. Armored Vehicle Market - By System

12.1. Overview
- 12.1.1. Segment Share Analysis, By System, 2024 & 2032 (%)
- 12.1.2. Engines
- 12.1.3. Command & Control Systems
- 12.1.4. Power Systems
- 12.1.5. Ballistic Armor
- 12.1.6. Navigation Systems
- 12.1.7. Observation & Display Systems
- 12.1.8. Drive Systems
- 12.1.9. Ammunition Handling Systems
- 12.1.10. Countermeasure Systems
- 12.1.11. Turret Drives
- 12.1.12. Fire Control Systems
- 12.1.13. Armaments
- 12.1.14. Hulls/Frames

13. Armored Vehicle Market- By Geography

13.1. Introduction
- 13.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
13.2. North America
- 13.2.1. Overview
- 13.2.2. Armored Vehicle Key Manufacturers in North America
- 13.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 13.2.4. North America Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
- 13.2.5. North America Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
- 13.2.6. North America Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
- 13.2.7. North America Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 13.2.8. North America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 13.2.9. North America Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.2.10. U.S.
  - 13.2.10.1. Overview
  - 13.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.2.10.3. U.S. Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.2.10.4. U.S. Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.2.10.5. U.S. Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.2.10.6. U.S. Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.2.10.7. U.S. Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.2.10.8. U.S. Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.2.11. Canada
  - 13.2.11.1. Overview
  - 13.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.2.11.3. Canada Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.2.11.4. Canada Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.2.11.5. Canada Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.2.11.6. Canada Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.2.11.7. Canada Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.2.11.8. Canada Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
13.3. Europe
- 13.3.1. Overview
- 13.3.2. Armored Vehicle Key Manufacturers in Europe
- 13.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 13.3.4. Europe Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
- 13.3.5. Europe Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
- 13.3.6. Europe Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
- 13.3.7. Europe Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 13.3.8. Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 13.3.9. Europe Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.10. Germany
  - 13.3.10.1. Overview
  - 13.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.10.3. Germany Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.10.4. Germany Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.10.5. Germany Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.10.6. Germany Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.10.7. Germany Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.10.8. Germany Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.11. UK
  - 13.3.11.1. Overview
  - 13.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.11.3. UK Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.11.4. UK Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.11.5. UK Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.11.6. UK Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.11.7. UK Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.11.8. UK Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.12. France
  - 13.3.12.1. Overview
  - 13.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.12.3. France Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.12.4. France Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.12.5. France Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.12.6. France Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.12.7. France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.12.8. France Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.13. Italy
  - 13.3.13.1. Overview
  - 13.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.13.3. Italy Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.13.4. Italy Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.13.5. Italy Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.13.6. Italy Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.13.7. Italy Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.13.8. Italy Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.14. Spain
  - 13.3.14.1. Overview
  - 13.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.14.3. Spain Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.14.4. Spain Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.14.5. Spain Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.14.6. Spain Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.14.7. Spain Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.14.8. Spain Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.15. The Netherlands
  - 13.3.15.1. Overview
  - 13.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.15.3. The Netherlands Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.15.4. The Netherlands Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.15.5. The Netherlands Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.15.6. The Netherlands Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.15.7. The Netherlands Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.15.8. The Netherlands Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.16. Sweden
  - 13.3.16.1. Overview
  - 13.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.16.3. Sweden Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.16.4. Sweden Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.16.5. Sweden Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.16.6. Sweden Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.16.7. Sweden Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.16.8. Sweden Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.17. Russia
  - 13.3.17.1. Overview
  - 13.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.17.3. Russia Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.17.4. Russia Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.17.5. Russia Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.17.6. Russia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.17.7. Russia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.17.8. Russia Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.18. Poland
  - 13.3.18.1. Overview
  - 13.3.18.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.18.3. Poland Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.18.4. Poland Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.18.5. Poland Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.18.6. Poland Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.18.7. Poland Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.18.8. Poland Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.3.19. Rest of Europe
  - 13.3.19.1. Overview
  - 13.3.19.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.3.19.3. Rest of the Europe Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.3.19.4. Rest of the Europe Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.3.19.5. Rest of the Europe Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.3.19.6. Rest of the Europe Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.3.19.7. Rest of the Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.3.19.8. Rest of the Europe Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
13.4. Asia Pacific (APAC)
- 13.4.1. Overview
- 13.4.2. Armored Vehicle Key Manufacturers in Asia Pacific
- 13.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 13.4.4. APAC Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
- 13.4.5. APAC Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
- 13.4.6. APAC Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
- 13.4.7. APAC Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 13.4.8. APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 13.4.9. APAC Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.10. China
  - 13.4.10.1. Overview
  - 13.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.10.3. China Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.10.4. China Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.10.5. China Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.10.6. China Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.10.7. China Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.10.8. China Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.11. India
  - 13.4.11.1. Overview
  - 13.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.11.3. India Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.11.4. India Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.11.5. India Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.11.6. India Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.11.7. India Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.11.8. India Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.12. Japan
  - 13.4.12.1. Overview
  - 13.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.12.3. Japan Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.12.4. Japan Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.12.5. Japan Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.12.6. Japan Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.12.7. Japan Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.12.8. Japan Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.13. South Korea
  - 13.4.13.1. Overview
  - 13.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.13.3. South Korea Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.13.4. South Korea Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.13.5. South Korea Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.13.6. South Korea Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.13.7. South Korea Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.13.8. South Korea Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.14. Australia
  - 13.4.14.1. Overview
  - 13.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.14.3. Australia Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.14.4. Australia Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.14.5. Australia Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.14.6. Australia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.14.7. Australia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.14.8. Australia Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.15. Indonesia
  - 13.4.15.1. Overview
  - 13.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.15.3. Indonesia Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.15.4. Indonesia Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.15.5. Indonesia Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.15.6. Indonesia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.15.7. Indonesia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.15.8. Indonesia Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.16. Thailand
  - 13.4.16.1. Overview
  - 13.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.16.3. Thailand Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.16.4. Thailand Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.16.5. Thailand Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.16.6. Thailand Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.16.7. Thailand Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.16.8. Thailand Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.17. Philippines
  - 13.4.17.1. Overview
  - 13.4.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.17.3. Philippines Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.17.4. Philippines Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.17.5. Philippines Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.17.6. Philippines Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.17.7. Philippines Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.17.8. Philippines Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.4.18. Rest of APAC
  - 13.4.18.1. Overview
  - 13.4.18.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.4.18.3. Rest of APAC Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.4.18.4. Rest of APAC Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.4.18.5. Rest of APAC Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.4.18.6. Rest of APAC Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.4.18.7. Rest of APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.4.18.8. Rest of APAC Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
13.5. Latin America (LATAM)
- 13.5.1. Overview
- 13.5.2. Armored Vehicle Key Manufacturers in Latin America
- 13.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 13.5.4. LATAM Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
- 13.5.5. LATAM Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
- 13.5.6. LATAM Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
- 13.5.7. LATAM Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 13.5.8. LATAM Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 13.5.9. LATAM Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.5.10. Brazil
  - 13.5.10.1. Overview
  - 13.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.5.10.3. Brazil Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.5.10.4. Brazil Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.5.10.5. Brazil Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.5.10.6. Brazil Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.5.10.7. Brazil Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.5.10.8. Brazil Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.5.11. Mexico
  - 13.5.11.1. Overview
  - 13.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.5.11.3. Mexico Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.5.11.4. Mexico Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.5.11.5. Mexico Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.5.11.6. Mexico Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.5.11.7. Mexico Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.5.11.8. Mexico Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.5.12. Argentina
  - 13.5.12.1. Overview
  - 13.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.5.12.3. Argentina Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.5.12.4. Argentina Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.5.12.5. Argentina Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.5.12.6. Argentina Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.5.12.7. Argentina Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.5.12.8. Argentina Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.5.13. Colombia
  - 13.5.13.1. Overview
  - 13.5.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.5.13.3. Colombia Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.5.13.4. Colombia Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.5.13.5. Colombia Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.5.13.6. Colombia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.5.13.7. Colombia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.5.13.8. Colombia Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.5.14. Rest of LATAM
  - 13.5.14.1. Overview
  - 13.5.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.5.14.3. Rest of LATAM Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.5.14.4. Rest of LATAM Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.5.14.5. Rest of LATAM Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.5.14.6. Rest of LATAM Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.5.14.7. Rest of LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.5.14.8. Rest of LATAM Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
13.6. Middle East and Africa
- 13.6.1. Overview
- 13.6.2. Armored Vehicle Key Manufacturers in Middle East and Africa
- 13.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 13.6.4. Middle East and Africa Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
- 13.6.5. Middle East and Africa Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
- 13.6.6. Middle East and Africa Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
- 13.6.7. Middle East and Africa Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 13.6.8. Middle East and Africa Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 13.6.9. Middle East and Africa Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.10. Saudi Arabia
  - 13.6.10.1. Overview
  - 13.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.10.3. Saudi Arabia Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.10.4. Saudi Arabia Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.10.5. Saudi Arabia Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.10.6. Saudi Arabia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.10.7. Saudi Arabia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.10.8. Saudi Arabia Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.11. United Arab Emirates
  - 13.6.11.1. Overview
  - 13.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.11.3. United Arab Emirates Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.11.4. United Arab Emirates Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.11.5. United Arab Emirates Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.11.6. United Arab Emirates Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.11.7. United Arab Emirates Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.11.8. United Arab Emirates Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.12. Israel
  - 13.6.12.1. Overview
  - 13.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.12.3. Israel Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.12.4. Israel Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.12.5. Israel Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.12.6. Israel Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.12.7. Israel Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.12.8. Israel Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.13. Turkey
  - 13.6.13.1. Overview
  - 13.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.13.3. Turkey Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.13.4. Turkey Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.13.5. Turkey Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.13.6. Turkey Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.13.7. Turkey Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.13.8. Turkey Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.14. Algeria
  - 13.6.14.1. Overview
  - 13.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.14.3. Algeria Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.14.4. Algeria Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.14.5. Algeria Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.14.6. Algeria Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.14.7. Algeria Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.14.8. Algeria Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.15. Egypt
  - 13.6.15.1. Overview
  - 13.6.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.15.3. Egypt Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.15.4. Egypt Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.15.5. Egypt Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.15.6. Egypt Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.15.7. Egypt Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.15.8. Egypt Market Size and Forecast, By System, 2019 - 2032 (US$ Million)
- 13.6.16. Rest of MEA
  - 13.6.16.1. Overview
  - 13.6.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 13.6.16.3. Rest of MEA Market Size and Forecast, By Mobility, 2019 - 2032 (US$ Million)
  - 13.6.16.4. Rest of MEA Market Size and Forecast, By Point of Sale, 2019 - 2032 (US$ Million)
  - 13.6.16.5. Rest of MEA Market Size and Forecast, By Mode of Operation, 2019 - 2032 (US$ Million)
  - 13.6.16.6. Rest of MEA Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
  - 13.6.16.7. Rest of MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 13.6.16.8. Rest of MEA Market Size and Forecast, By System, 2019 - 2032 (US$ Million)

14. Key Vendor Analysis- Armored Vehicle Industry

14.1. Competitive Benchmarking
- 14.1.1. Competitive Dashboard
- 14.1.2. Competitive Positioning
14.2. Company Profiles
- 14.2.1. AE Systems
- 14.2.2. International Armored Group
- 14.2.3. IVECO
- 14.2.4. STAT, Inc.
- 14.2.5. Textron, Inc.
- 14.2.6. Thales Group
- 14.2.7. Krauss-Maffei Wegmann GmbH & Co. (KMW)
- 14.2.8. Lenco Industries, Inc.
- 14.2.9. Elbit Systems
- 14.2.10. Ford Motor Company
- 14.2.11. General Dynamics Corporation
- 14.2.12. INKAS Armored Vehicle OEM
- 14.2.13. Lockheed Martin Corporation
- 14.2.14. BMW AG
- 14.2.15. Daimler AG (Mercedes Benz)
- 14.2.16. Navistar, Inc.
- 14.2.17. Oshkosh Defense, LLC
- 14.2.18. Rheinmetall AG
- 14.2.19. Others

15. 360 Degree Analyst View

16. Appendix

16.1. Research Methodology
16.2. References
16.3. Abbreviations
16.4. Disclaimer
16.5. Contact Us