Global Armored Vehicles Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Global Armored Vehicles Market; By platform (Into Combat Vehicles, Combat Support Vehicles and Unmanned Armored Ground Vehicles); By Technology (Manned and Unmanned Technology); By System (Engine, Drive System, Ballistic Armor, Turret Drive, Fire Control System, Armaments, Ammunition Handling System, Countermeasure System, Command and Control System, Power System, Navigation System, Observation And Display System And Frame); By Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Product Overview
Armored vehicles are those security vehicles which are used to transport armed security from one place to another. It is an armor-protected land vehicle which generally combines operational mobility with offensive and defensive capabilities. Depending on the type these armored vehicles can be wheeled or tracked. Armored vehicles were owned and used only by the military, law enforcement, and ministers, but prominent figures from the corporate world, VIPs, and celebrities have also contributed to the demand for these vehicles over the past few years.
Market Highlights
Global Armored Vehicles Market registered a growth of USD XXXX billion in 2019 and is expected to grow at a CAGR of XX% till 2030. The raising security threats stemming from increasing terrorist violence and crime rate are driving demand for civilian armored vehicles. Furthermore, with the number of public figures, armored vehicles are gaining popularity, and elite groups are embracing armored passenger vehicles for greater sense of protection. Increased militarization promotes the use of military tactics and equipment, which in turn propels the development of the demand for armored vehicles.
Armored Vehicles Market: Segments
Global Armored Vehicles Market has been segmented on the basis of platform, systems, technology and region.
The combat vehicles segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
By platform the global Armored Vehicles Market is segmented into combat vehicles, combat support vehicles and unmanned armored ground vehicles. Increasing demand across the globe for Armored Personnel Carriers (APCs) and Light Armored Vehicles (LAVs) is leading to market segment growth for the combat vehicle.
Global Armored Vehicles Market: Market Dynamics
High demand for armored vehicles and increasing terrorism to increase market growth
The raising security threats stemming from increasing terrorist violence and crime rate are driving demand for civilian armored vehicles. Furthermore, with the number of public figures, armored vehicles are gaining popularity, and elite groups are embracing armored passenger vehicles for greater sense of protection. Increased militarization promotes the use of military tactics and equipment, which in turn propels the development of the demand for armored vehicles.
Budget deficits and rising prices of raw materials to restraint the growth of the Armored Vehicles Market
Governments of different countries are cutting military spending and the national defense budget, which in turn has a negative impact on the growth of the global armored vehicle market. Rising prices of raw materials, components, vehicle assembly, and machining equipment are also expected to hinder the growth of the market for armored vehicles.
Global Armored Vehicles Market: Regions
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
The APAC region is expected to dominate the segment and hold the highest CAGR in the market. The rising political tensions between Pakistan, India, China, and Japan and the increase in terrorist activity are pushing these countries to reinforce and modernize their ground forces which in turn are increasing the growth of armed vehicles in the APAC. Asia Pacific manufacturers are also investing heavily in research and development activities to develop advanced and hybrid armored vehicles for increased maritime and border patrolling. Growing military spending and rising demand for medium-sized, light-armored vehicles for patrolling operations are also expected to fuel growth in the APAC region.
North America is also expected to also show high growth amongst other regions. Market growth in this area can be attributed to the increasing investment made by area countries to build highly advanced and versatile armored vehicles with strong ballistic capabilities. The key drivers of these investments are the US, which is issuing contracts for the production and launch of new goods.
Global Armored Vehicles Market: Key Players
• General Dynamics Corporation
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Lockheed Martin
• Textron Inc.,
• The Raytheon Company
• Rheinmetall Defense
• International Armored Group
• BAE Systems
• INKAS Armored Vehicle Manufacturing
• STREIT Group American Legend Aircraft Co.
• Other prominent players
Armored Vehicles Market report also contains analysis on:
• Armored Vehicles Market Segments:
• By system:
o Engine
o Drive System
o Ballistic Armor
o Turret Drive
o Fire Control System (FCS)
o Armaments
o Ammunition Handling System
o Countermeasure System
o Command & Control System
o Power System
o Navigation System
o Observation & Display System
o Hull/Frame
• By platform:
o Combat Vehicles
o Combat Support Vehicles
o Unmanned Armored Ground Vehicles
• By technology:
o Manned
o unmanned
• Armored Vehicles Market Dynamics
• Armored Vehicles Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Additional information

Publisher

Geography Covered

Date Published

,

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Format

Table of Contents

Contents
1. Executive Summary
2. Armored Vehicles Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Correlation & Regression Analysis
6.1. Correlation Matrix
6.2. Regression Matrix
7. Recent Development, Policies & Regulatory Landscape
8. Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Armored Vehicles Market Analysis
9.1. Porters Five Forces
9.1.1. Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Armored Vehicles Market
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. Armored Vehicles Market: Market Segmentation
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By platform: Market Share (2020-2030F)
11.2.1. Combat vehicles, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Combat support vehicles, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Unmanned Armored Ground Vehicles, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By system: Market Share (2020-2030F)
11.3.1. Engine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Drive system, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. Ballistic Armor, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. Turret drive, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Fire Control System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.6. Armaments, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.7. Ammunition Handling System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.8. Countermeasure System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.9. Command & Control System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.10. Power System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.11. Navigation System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.12. Observation & Display System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.13. Frame, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile
12.1. General Dynamics Corporation
12.1.1. Company Overview
12.1.2. Business Strategy
12.1.3. Key Product Offerings
12.1.4. Financial Performance
12.1.5. Key Performance Indicators
12.1.6. Risk Analysis
12.1.7. Recent Development
12.1.8. Regional Presence
12.1.9. SWOT Analysis
12.2. Lockheed Martin
12.3. Textron Inc.,
12.4. The Raytheon Company
12.5. Rheinmetall Defence
12.6. International Armored Group
12.7. BAE Systems
12.8. INKAS Armored Vehicle Manufacturing
12.9. STREIT Group American Legend Aircraft Co.
12.10. Other prominent players

Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable