Armored Vehicles Global Market By Product Type, By Application, By Drive Type, By Vehicle Type, By Region And Segment Forecasts, 2023-2032 | BAE Systems, Oshkosh Corp., Textron, Rheinmetall, Lockheed Martin

The Business Research Company’s Armored Vehicles Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Armored Vehicles Global Market Report 2023 evaluates armored vehicles market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global armored vehicles market size will grow from $11.73 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global armored vehicles market size is expected to grow to $15.34 billion in 2027 at a CAGR of 5.1%.

The armored vehicles market segments in the report are:

Armored Vehicles Market By Vehicle Type

  • Armored Personnel Carrier
  • Infantry Fighting Vehicle
  • Main Battle Tanks
  • Tactical Truck
  • Bus

Armored Vehicles Market By Platform

  • Combat Vehicles
  • Combat Support Vehicles
  • Unmanned Armored Ground Vehicles

Armored Vehicles Market By System

  • Engine
  • Drive System
  • Ballistic Armor
  • Fire Control System (FCS)
  • Armaments
  • Ammunition Handling System
  • Countermeasure System
  • Command and Control System

Armored Vehicles Market By Mobility

  • Tracked
  • Wheeled
  • 4X4
  • 6X6
  • 8X8

Top 5 Major Key Players Are:

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The table of contents in TBRC’s armored vehicles market report includes:

  1. Executive Summary
  2. Armored Vehicles Market Characteristics
  3. Armored Vehicles Market Trends And Strategies
  4. Armored Vehicles Market – Macro Economic Scenario
  5. Armored Vehicles Market Size And Growth


  1. Africa Armored Vehicles Market
  2. Armored Vehicles Market Competitive Landscape And Company Profiles
  3. Key Mergers And Acquisitions In The Armored Vehicles Market
  4. Armored Vehicles Market Future Outlook and Potential Analysis
  5. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 29: BAE Systems Financial Performance
Table 30: Oshkosh Corp Financial Performance
Table 31: International Armored Group Financial Performance
Table 32: General Dynamics Land Systems Financial Performance
Table 33: Textron Financial Performance

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