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Global Armored Car Market Research Report 2025
Synopsis
The global Armored Car market was valued at US$ 19330 million in 2023 and is anticipated to reach US$ 26910 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
Global key players of Armored Car include General Dynamics, BAE Systems, Oshkosh, Rheinmetall, etc. The top four players hold a share over 37%.
Europe is the largest market, has a share about 32%, followed by China and North America, with share 8% and 27%, separately.
In terms of product type, Wheeled Armoured Vehicle is the largest segment, occupied for a share of 81%, and in terms of application, Military has a share about 94%.
This report aims to provide a comprehensive presentation of the global market for Armored Car, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Armored Car.
Report Scope
The Armored Car market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Armored Car market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Armored Car manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Dynamics
BAE Systems
Oshkosh
Rheinmetall
China North Industrial
Nexter Systems
Hyundai Rotem
FNSS
Uralvagonzavod
STREIT Group
Thales Group
Textron
Iveco Defence Vehicles
ST Engineering
BMC
Otokar
NIMR Automotive
Mahindra
Segment by Type
Wheeled Armoured Vehicle
Tracked Armoured Vehicles
Segment by Application
Military
Non-military
Production by Region
Russia
South Korea
China
Europe
U.S.
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Armored Car manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Armored Car by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Armored Car in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Armored Car market was valued at US$ 19330 million in 2023 and is anticipated to reach US$ 26910 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
Global key players of Armored Car include General Dynamics, BAE Systems, Oshkosh, Rheinmetall, etc. The top four players hold a share over 37%.
Europe is the largest market, has a share about 32%, followed by China and North America, with share 8% and 27%, separately.
In terms of product type, Wheeled Armoured Vehicle is the largest segment, occupied for a share of 81%, and in terms of application, Military has a share about 94%.
This report aims to provide a comprehensive presentation of the global market for Armored Car, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Armored Car.
Report Scope
The Armored Car market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Armored Car market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Armored Car manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Dynamics
BAE Systems
Oshkosh
Rheinmetall
China North Industrial
Nexter Systems
Hyundai Rotem
FNSS
Uralvagonzavod
STREIT Group
Thales Group
Textron
Iveco Defence Vehicles
ST Engineering
BMC
Otokar
NIMR Automotive
Mahindra
Segment by Type
Wheeled Armoured Vehicle
Tracked Armoured Vehicles
Segment by Application
Military
Non-military
Production by Region
Russia
South Korea
China
Europe
U.S.
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Armored Car manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Armored Car by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Armored Car in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Armored Car Market Overview
1.1 Product Definition
1.2 Armored Car Segment by Type
1.2.1 Global Armored Car Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Wheeled Armoured Vehicle
1.2.3 Tracked Armoured Vehicles
1.3 Armored Car Segment by Application
1.3.1 Global Armored Car Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Military
1.3.3 Non-military
1.4 Global Market Growth Prospects
1.4.1 Global Armored Car Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Armored Car Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Armored Car Production Estimates and Forecasts (2019-2030)
1.4.4 Global Armored Car Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Armored Car Production Market Share by Manufacturers (2019-2024)
2.2 Global Armored Car Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Armored Car, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Armored Car Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Armored Car Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Armored Car, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Armored Car, Product Offered and Application
2.8 Global Key Manufacturers of Armored Car, Date of Enter into This Industry
2.9 Armored Car Market Competitive Situation and Trends
2.9.1 Armored Car Market Concentration Rate
2.9.2 Global 5 and 10 Largest Armored Car Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Armored Car Production by Region
3.1 Global Armored Car Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Armored Car Production Value by Region (2019-2030)
3.2.1 Global Armored Car Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Armored Car by Region (2025-2030)
3.3 Global Armored Car Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Armored Car Production by Region (2019-2030)
3.4.1 Global Armored Car Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Armored Car by Region (2025-2030)
3.5 Global Armored Car Market Price Analysis by Region (2019-2024)
3.6 Global Armored Car Production and Value, Year-over-Year Growth
3.6.1 Russia Armored Car Production Value Estimates and Forecasts (2019-2030)
3.6.2 South Korea Armored Car Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Armored Car Production Value Estimates and Forecasts (2019-2030)
3.6.4 Europe Armored Car Production Value Estimates and Forecasts (2019-2030)
3.6.5 U.S. Armored Car Production Value Estimates and Forecasts (2019-2030)
4 Armored Car Consumption by Region
4.1 Global Armored Car Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Armored Car Consumption by Region (2019-2030)
4.2.1 Global Armored Car Consumption by Region (2019-2024)
4.2.2 Global Armored Car Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Armored Car Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Armored Car Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Armored Car Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Armored Car Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Armored Car Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Armored Car Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Armored Car Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Armored Car Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Armored Car Production by Type (2019-2030)
5.1.1 Global Armored Car Production by Type (2019-2024)
5.1.2 Global Armored Car Production by Type (2025-2030)
5.1.3 Global Armored Car Production Market Share by Type (2019-2030)
5.2 Global Armored Car Production Value by Type (2019-2030)
5.2.1 Global Armored Car Production Value by Type (2019-2024)
5.2.2 Global Armored Car Production Value by Type (2025-2030)
5.2.3 Global Armored Car Production Value Market Share by Type (2019-2030)
5.3 Global Armored Car Price by Type (2019-2030)
6 Segment by Application
6.1 Global Armored Car Production by Application (2019-2030)
6.1.1 Global Armored Car Production by Application (2019-2024)
6.1.2 Global Armored Car Production by Application (2025-2030)
6.1.3 Global Armored Car Production Market Share by Application (2019-2030)
6.2 Global Armored Car Production Value by Application (2019-2030)
6.2.1 Global Armored Car Production Value by Application (2019-2024)
6.2.2 Global Armored Car Production Value by Application (2025-2030)
6.2.3 Global Armored Car Production Value Market Share by Application (2019-2030)
6.3 Global Armored Car Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Dynamics
7.1.1 General Dynamics Armored Car Corporation Information
7.1.2 General Dynamics Armored Car Product Portfolio
7.1.3 General Dynamics Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Dynamics Main Business and Markets Served
7.1.5 General Dynamics Recent Developments/Updates
7.2 BAE Systems
7.2.1 BAE Systems Armored Car Corporation Information
7.2.2 BAE Systems Armored Car Product Portfolio
7.2.3 BAE Systems Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BAE Systems Main Business and Markets Served
7.2.5 BAE Systems Recent Developments/Updates
7.3 Oshkosh
7.3.1 Oshkosh Armored Car Corporation Information
7.3.2 Oshkosh Armored Car Product Portfolio
7.3.3 Oshkosh Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Oshkosh Main Business and Markets Served
7.3.5 Oshkosh Recent Developments/Updates
7.4 Rheinmetall
7.4.1 Rheinmetall Armored Car Corporation Information
7.4.2 Rheinmetall Armored Car Product Portfolio
7.4.3 Rheinmetall Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Rheinmetall Main Business and Markets Served
7.4.5 Rheinmetall Recent Developments/Updates
7.5 China North Industrial
7.5.1 China North Industrial Armored Car Corporation Information
7.5.2 China North Industrial Armored Car Product Portfolio
7.5.3 China North Industrial Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.5.4 China North Industrial Main Business and Markets Served
7.5.5 China North Industrial Recent Developments/Updates
7.6 Nexter Systems
7.6.1 Nexter Systems Armored Car Corporation Information
7.6.2 Nexter Systems Armored Car Product Portfolio
7.6.3 Nexter Systems Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Nexter Systems Main Business and Markets Served
7.6.5 Nexter Systems Recent Developments/Updates
7.7 Hyundai Rotem
7.7.1 Hyundai Rotem Armored Car Corporation Information
7.7.2 Hyundai Rotem Armored Car Product Portfolio
7.7.3 Hyundai Rotem Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hyundai Rotem Main Business and Markets Served
7.7.5 Hyundai Rotem Recent Developments/Updates
7.8 FNSS
7.8.1 FNSS Armored Car Corporation Information
7.8.2 FNSS Armored Car Product Portfolio
7.8.3 FNSS Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.8.4 FNSS Main Business and Markets Served
7.7.5 FNSS Recent Developments/Updates
7.9 Uralvagonzavod
7.9.1 Uralvagonzavod Armored Car Corporation Information
7.9.2 Uralvagonzavod Armored Car Product Portfolio
7.9.3 Uralvagonzavod Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Uralvagonzavod Main Business and Markets Served
7.9.5 Uralvagonzavod Recent Developments/Updates
7.10 STREIT Group
7.10.1 STREIT Group Armored Car Corporation Information
7.10.2 STREIT Group Armored Car Product Portfolio
7.10.3 STREIT Group Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.10.4 STREIT Group Main Business and Markets Served
7.10.5 STREIT Group Recent Developments/Updates
7.11 Thales Group
7.11.1 Thales Group Armored Car Corporation Information
7.11.2 Thales Group Armored Car Product Portfolio
7.11.3 Thales Group Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Thales Group Main Business and Markets Served
7.11.5 Thales Group Recent Developments/Updates
7.12 Textron
7.12.1 Textron Armored Car Corporation Information
7.12.2 Textron Armored Car Product Portfolio
7.12.3 Textron Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Textron Main Business and Markets Served
7.12.5 Textron Recent Developments/Updates
7.13 Iveco Defence Vehicles
7.13.1 Iveco Defence Vehicles Armored Car Corporation Information
7.13.2 Iveco Defence Vehicles Armored Car Product Portfolio
7.13.3 Iveco Defence Vehicles Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Iveco Defence Vehicles Main Business and Markets Served
7.13.5 Iveco Defence Vehicles Recent Developments/Updates
7.14 ST Engineering
7.14.1 ST Engineering Armored Car Corporation Information
7.14.2 ST Engineering Armored Car Product Portfolio
7.14.3 ST Engineering Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.14.4 ST Engineering Main Business and Markets Served
7.14.5 ST Engineering Recent Developments/Updates
7.15 BMC
7.15.1 BMC Armored Car Corporation Information
7.15.2 BMC Armored Car Product Portfolio
7.15.3 BMC Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.15.4 BMC Main Business and Markets Served
7.15.5 BMC Recent Developments/Updates
7.16 Otokar
7.16.1 Otokar Armored Car Corporation Information
7.16.2 Otokar Armored Car Product Portfolio
7.16.3 Otokar Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Otokar Main Business and Markets Served
7.16.5 Otokar Recent Developments/Updates
7.17 NIMR Automotive
7.17.1 NIMR Automotive Armored Car Corporation Information
7.17.2 NIMR Automotive Armored Car Product Portfolio
7.17.3 NIMR Automotive Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.17.4 NIMR Automotive Main Business and Markets Served
7.17.5 NIMR Automotive Recent Developments/Updates
7.18 Mahindra
7.18.1 Mahindra Armored Car Corporation Information
7.18.2 Mahindra Armored Car Product Portfolio
7.18.3 Mahindra Armored Car Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Mahindra Main Business and Markets Served
7.18.5 Mahindra Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Armored Car Industry Chain Analysis
8.2 Armored Car Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Armored Car Production Mode & Process
8.4 Armored Car Sales and Marketing
8.4.1 Armored Car Sales Channels
8.4.2 Armored Car Distributors
8.5 Armored Car Customers
9 Armored Car Market Dynamics
9.1 Armored Car Industry Trends
9.2 Armored Car Market Drivers
9.3 Armored Car Market Challenges
9.4 Armored Car Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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