A Military Armored Vehicle is a lightweight wheeled or crawler armored fighting vehicle, historically employed for reconnaissance, internal security, armed escort, and other subordinate battlefield tasks.
Market Analysis and Insights: Global Military Armored Vehicles Market
Due to the COVID-19 pandemic, the global Military Armored Vehicles market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Wheeled Military Armored Vehicles accounting for % of the Military Armored Vehicles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Defense segment is altered to an % CAGR throughout this forecast period.
China Military Armored Vehicles market size is valued at US$ million in 2021, while the US and Europe Military Armored Vehicles are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Military Armored Vehicles landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Military Armored Vehicles include Lockheed Martin, BAE Systems, Oshkosh Defense, General Dynamics, Rheinmetall Defence, Textron, STREIT Group, Rostec and Lenco Armored Vehicles, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Military Armored Vehicles capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Military Armored Vehicles by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Military Armored Vehicles Scope and Segment
Military Armored Vehicles market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Military Armored Vehicles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Wheeled Military Armored Vehicles
Crawler Military Armored Vehicles
Segment by Application
Defense
Homeland Security
Others
By Company
Lockheed Martin
BAE Systems
Oshkosh Defense
General Dynamics
Rheinmetall Defence
Textron
STREIT Group
Rostec
Lenco Armored Vehicles
AM General
KMW+Nexter Defense Systems
Navistar Defense
Oto Melara
Otokar Otomotiv
The Armored Group
Renault Trucks Defense
China North Industries
Hyundai Rotem
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E