1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Armored Vehicles Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Defense
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Armored Personnel Carrier (APC)
6.1.2.2 Infantry Fighting Vehicles (IFVs)
6.1.2.3 Light Protected Vehicles (LPVs)
6.1.2.4 Main Battle Tanks (MBTs)
6.1.2.5 Mine-resistant Ambush Protected (MRAP)
6.1.2.6 Tactical Vehicle
6.1.2.7 Others
6.1.3 Market Forecast
6.2 Commercial
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Bus/Van
6.2.2.2 Limousine
6.2.2.3 Sedan
6.2.2.4 SUV
6.2.2.5 Others
6.2.3 Market Forecast
7 Market Breakup by System
7.1 Engine
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Drive System
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ballistic Armor
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Turret Drives
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Ammunition Handling System
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Fire Control Systems (FCS)
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Armaments
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Countermeasure System
7.8.1 Market Trends
7.8.2 Market Forecast
7.9 Command and Control (C2) System
7.9.1 Market Trends
7.9.2 Market Forecast
7.10 Power System
7.10.1 Market Trends
7.10.2 Market Forecast
7.11 Navigation System
7.11.1 Market Trends
7.11.2 Market Forecast
7.12 Observation and Display System
7.12.1 Market Trends
7.12.2 Market Forecast
7.13 Hulls/Frames
7.13.1 Market Trends
7.13.2 Market Forecast
8 Market Breakup by Drive Type
8.1 Wheeled
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Tracked
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BAE Systems
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Elbit Systems Ltd
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 General Dynamics Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 INKAS Group
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 International Armored Group
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Iveco Defence Vehicles
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 KNDS
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Lenco Industries, Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Lockheed Martin Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Oshkosh Defense, LLC
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Rheinmetall AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.12 Textron Systems
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Thales Group
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Armored Vehicles Market: Major Drivers and Challenges
Figure 2: Global: Armored Vehicles Market: Sales Value (in Billion USD), 2020-2025
Figure 3: Global: Armored Vehicles Market Forecast: Sales Value (in Billion USD), 2026-2034
Figure 4: Global: Armored Vehicles Market: Breakup by Product (in %), 2025
Figure 5: Global: Armored Vehicles Market: Breakup by System (in %), 2025
Figure 6: Global: Armored Vehicles Market: Breakup by Drive Type (in %), 2025
Figure 7: Global: Armored Vehicles Market: Breakup by Region (in %), 2025
Figure 8: Global: Armored Vehicles (Defense Armored Vehicle) Market: Sales Value (in Million USD), 2020 & 2025
Figure 9: Global: Armored Vehicles (Defense Armored Vehicle) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 10: Global: Armored Vehicles (Commercial Armored Vehicle) Market: Sales Value (in Million USD), 2020 & 2025
Figure 11: Global: Armored Vehicles (Commercial Armored Vehicle) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 12: Global: Armored Vehicles (Engine) Market: Sales Value (in Million USD), 2020 & 2025
Figure 13: Global: Armored Vehicles (Engine) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 14: Global: Armored Vehicles (Drive System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 15: Global: Armored Vehicles (Drive System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 16: Global: Armored Vehicles (Ballistic Armor) Market: Sales Value (in Million USD), 2020 & 2025
Figure 17: Global: Armored Vehicles (Ballistic Armor) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 18: Global: Armored Vehicles (Turret Drives) Market: Sales Value (in Million USD), 2020 & 2025
Figure 19: Global: Armored Vehicles (Turret Drives) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 20: Global: Armored Vehicles (Ammunition Handling System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 21: Global: Armored Vehicles (Ammunition Handling System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 22: Global: Armored Vehicles (Fire Control Systems (FCS)) Market: Sales Value (in Million USD), 2020 & 2025
Figure 23: Global: Armored Vehicles (Fire Control Systems (FCS)) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 24: Global: Armored Vehicles (Armaments) Market: Sales Value (in Million USD), 2020 & 2025
Figure 25: Global: Armored Vehicles (Armaments) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 26: Global: Armored Vehicles (Countermeasure System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 27: Global: Armored Vehicles (Countermeasure System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 28: Global: Armored Vehicles (Command and Control (C2) System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 29: Global: Armored Vehicles (Command and Control (C2) System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 30: Global: Armored Vehicles (Power System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 31: Global: Armored Vehicles (Power System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 32: Global: Armored Vehicles (Navigation System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 33: Global: Armored Vehicles (Navigation System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 34: Global: Armored Vehicles (Observation and Display System) Market: Sales Value (in Million USD), 2020 & 2025
Figure 35: Global: Armored Vehicles (Observation and Display System) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 36: Global: Armored Vehicles (Hulls/Frames) Market: Sales Value (in Million USD), 2020 & 2025
Figure 37: Global: Armored Vehicles (Hulls/Frames) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 38: Global: Armored Vehicles (Wheeled) Market: Sales Value (in Million USD), 2020 & 2025
Figure 39: Global: Armored Vehicles (Wheeled) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 40: Global: Armored Vehicles (Tracked) Market: Sales Value (in Million USD), 2020 & 2025
Figure 41: Global: Armored Vehicles (Tracked) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 42: North America: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 43: North America: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 44: United States: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 45: United States: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 46: Canada: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 47: Canada: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 48: Asia-Pacific: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 49: Asia-Pacific: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 50: China: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 51: China: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 52: Japan: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 53: Japan: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 54: India: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 55: India: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 56: South Korea: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 57: South Korea: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 58: Australia: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 59: Australia: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 60: Indonesia: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 61: Indonesia: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 62: Others: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 63: Others: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 64: Europe: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 65: Europe: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 66: Germany: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 67: Germany: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 68: France: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 69: France: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 70: United Kingdom: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 71: United Kingdom: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 72: Italy: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 73: Italy: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 74: Spain: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 75: Spain: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 76: Russia: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 77: Russia: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 78: Others: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 79: Others: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 80: Latin America: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 81: Latin America: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 82: Brazil: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 83: Brazil: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 84: Mexico: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 85: Mexico: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 86: Others: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 87: Others: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 88: Middle East and Africa: Armored Vehicles Market: Sales Value (in Million USD), 2020 & 2025
Figure 89: Middle East and Africa: Armored Vehicles Market: Breakup by Country (in %), 2025
Figure 90: Middle East and Africa: Armored Vehicles Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 91: Global: Armored Vehicles Industry: SWOT Analysis
Figure 92: Global: Armored Vehicles Industry: Value Chain Analysis
Figure 93: Global: Armored Vehicles Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Armored Vehicles Market: Key Industry Highlights, 2025 and 2034
Table 2: Global: Armored Vehicles Market Forecast: Breakup by Product (in Million USD), 2026-2034
Table 3: Global: Armored Vehicles Market Forecast: Breakup by System (in Million USD), 2026-2034
Table 4: Global: Armored Vehicles Market Forecast: Breakup by Drive Type (in Million USD), 2026-2034
Table 5: Global: Armored Vehicles Market Forecast: Breakup by Region (in Million USD), 2026-2034
Table 6: Global: Armored Vehicles Market: Competitive Structure
Table 7: Global: Armored Vehicles Market: Key Players