PUBLISHER: TechNavio | PRODUCT CODE: 2144605
PUBLISHER: TechNavio | PRODUCT CODE: 2144605
The global military armored vehicles and counter-IED vehicles market is forecasted to grow by USD 10967.3 mn during 2025-2030, accelerating at a CAGR of 4.8% during the forecast period. The report on the global military armored vehicles and counter-IED vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing military modernization and fleet replacement programs, growing focus on force protection against explosive threats, expanding defense budget allocation toward land warfare capabilities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.5% |
| CAGR | 4.8% |
| Incremental Value | $10967.3 mn |
Technavio's global military armored vehicles and counter-IED vehicles market is segmented as below:
By Product
By Mobility Type
By Application
Geography
This study identifies the advancing integration of autonomous and unmanned ground vehicle capabilities as one of the prime reasons driving the global military armored vehicles and counter-IED vehicles market growth during the next few years. Also, increasing adoption of modular mission-configurable vehicle architectures and growing use of digital battlefield connectivity and data-driven operational systems will lead to sizable demand in the market.
The report on the global military armored vehicles and counter-IED vehicles market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global military armored vehicles and counter-IED vehicles market vendors that include AM General llc, Arquus, Babcock International Group Plc, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Land Systems, Hanwha Aerospace Co. Ltd., INKAS Armored, Iveco Defence Vehicles, KNDS N.V., Lenco Industries Inc., Mack Defense LLC, Navistar Defense LLC, Oshkosh Defense LLC, Paramount Group, Plasan Sasa Ltd., Rheinmetall AG, ST Engineering Ltd., Supacat, Textron Systems Corp., Thales Group. Also, the global military armored vehicles and counter-IED vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.