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Global Armoured Vehicles (AV) Market Research Report 2025
Synopsis
An armoured fighting vehicle is an armed combat vehicle protected by armour, generally combining operational mobility with offensive and defensive capabilities. AFVs can be wheeled or tracked. Main battle tanks, armoured cars, armoured self-propelled guns, and armoured personnel carriers are all examples of AFVs.
The global Armoured Vehicles (AV) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Armoured Vehicles (AV), 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 Armoured Vehicles (AV).
Report Scope
The Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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 Corporation (US)
BAE Systems Plc. (UK)
Textron Inc (US)
Oshkosh Corporation (US)
Elbit Systems(Israel)
Thales Group (France)
Lockheed Martin (US)
Rheinmetall AG (Germany)
Denel Land Systems (South Africa)
Sabiex International (Belgium)
Diehl Defense (Germany)
Segment by Type
Wheeled Armored Vehicle
Tracked Armored Vehicles
Segment by Application
Military Filed
Commercial Applications
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
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 Armoured Vehicles (AV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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.
An armoured fighting vehicle is an armed combat vehicle protected by armour, generally combining operational mobility with offensive and defensive capabilities. AFVs can be wheeled or tracked. Main battle tanks, armoured cars, armoured self-propelled guns, and armoured personnel carriers are all examples of AFVs.
The global Armoured Vehicles (AV) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Armoured Vehicles (AV), 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 Armoured Vehicles (AV).
Report Scope
The Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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 Corporation (US)
BAE Systems Plc. (UK)
Textron Inc (US)
Oshkosh Corporation (US)
Elbit Systems(Israel)
Thales Group (France)
Lockheed Martin (US)
Rheinmetall AG (Germany)
Denel Land Systems (South Africa)
Sabiex International (Belgium)
Diehl Defense (Germany)
Segment by Type
Wheeled Armored Vehicle
Tracked Armored Vehicles
Segment by Application
Military Filed
Commercial Applications
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
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 Armoured Vehicles (AV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Armoured Vehicles (AV) 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 Armoured Vehicles (AV) 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 Armoured Vehicles (AV) Market Overview
1.1 Product Definition
1.2 Armoured Vehicles (AV) Segment by Type
1.2.1 Global Armoured Vehicles (AV) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Wheeled Armored Vehicle
1.2.3 Tracked Armored Vehicles
1.3 Armoured Vehicles (AV) Segment by Application
1.3.1 Global Armoured Vehicles (AV) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Military Filed
1.3.3 Commercial Applications
1.4 Global Market Growth Prospects
1.4.1 Global Armoured Vehicles (AV) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Armoured Vehicles (AV) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Armoured Vehicles (AV) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Armoured Vehicles (AV) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Armoured Vehicles (AV) Production Market Share by Manufacturers (2019-2024)
2.2 Global Armoured Vehicles (AV) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Armoured Vehicles (AV), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Armoured Vehicles (AV) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Armoured Vehicles (AV) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Armoured Vehicles (AV), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Armoured Vehicles (AV), Product Offered and Application
2.8 Global Key Manufacturers of Armoured Vehicles (AV), Date of Enter into This Industry
2.9 Armoured Vehicles (AV) Market Competitive Situation and Trends
2.9.1 Armoured Vehicles (AV) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Armoured Vehicles (AV) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Armoured Vehicles (AV) Production by Region
3.1 Global Armoured Vehicles (AV) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Armoured Vehicles (AV) Production Value by Region (2019-2030)
3.2.1 Global Armoured Vehicles (AV) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Armoured Vehicles (AV) by Region (2025-2030)
3.3 Global Armoured Vehicles (AV) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Armoured Vehicles (AV) Production by Region (2019-2030)
3.4.1 Global Armoured Vehicles (AV) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Armoured Vehicles (AV) by Region (2025-2030)
3.5 Global Armoured Vehicles (AV) Market Price Analysis by Region (2019-2024)
3.6 Global Armoured Vehicles (AV) Production and Value, Year-over-Year Growth
3.6.1 North America Armoured Vehicles (AV) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Armoured Vehicles (AV) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Armoured Vehicles (AV) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Armoured Vehicles (AV) Production Value Estimates and Forecasts (2019-2030)
4 Armoured Vehicles (AV) Consumption by Region
4.1 Global Armoured Vehicles (AV) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Armoured Vehicles (AV) Consumption by Region (2019-2030)
4.2.1 Global Armoured Vehicles (AV) Consumption by Region (2019-2024)
4.2.2 Global Armoured Vehicles (AV) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Armoured Vehicles (AV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Armoured Vehicles (AV) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Armoured Vehicles (AV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Armoured Vehicles (AV) 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 Armoured Vehicles (AV) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Armoured Vehicles (AV) 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 Armoured Vehicles (AV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Armoured Vehicles (AV) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Armoured Vehicles (AV) Production by Type (2019-2030)
5.1.1 Global Armoured Vehicles (AV) Production by Type (2019-2024)
5.1.2 Global Armoured Vehicles (AV) Production by Type (2025-2030)
5.1.3 Global Armoured Vehicles (AV) Production Market Share by Type (2019-2030)
5.2 Global Armoured Vehicles (AV) Production Value by Type (2019-2030)
5.2.1 Global Armoured Vehicles (AV) Production Value by Type (2019-2024)
5.2.2 Global Armoured Vehicles (AV) Production Value by Type (2025-2030)
5.2.3 Global Armoured Vehicles (AV) Production Value Market Share by Type (2019-2030)
5.3 Global Armoured Vehicles (AV) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Armoured Vehicles (AV) Production by Application (2019-2030)
6.1.1 Global Armoured Vehicles (AV) Production by Application (2019-2024)
6.1.2 Global Armoured Vehicles (AV) Production by Application (2025-2030)
6.1.3 Global Armoured Vehicles (AV) Production Market Share by Application (2019-2030)
6.2 Global Armoured Vehicles (AV) Production Value by Application (2019-2030)
6.2.1 Global Armoured Vehicles (AV) Production Value by Application (2019-2024)
6.2.2 Global Armoured Vehicles (AV) Production Value by Application (2025-2030)
6.2.3 Global Armoured Vehicles (AV) Production Value Market Share by Application (2019-2030)
6.3 Global Armoured Vehicles (AV) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Dynamics Corporation (US)
7.1.1 General Dynamics Corporation (US) Armoured Vehicles (AV) Corporation Information
7.1.2 General Dynamics Corporation (US) Armoured Vehicles (AV) Product Portfolio
7.1.3 General Dynamics Corporation (US) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Dynamics Corporation (US) Main Business and Markets Served
7.1.5 General Dynamics Corporation (US) Recent Developments/Updates
7.2 BAE Systems Plc. (UK)
7.2.1 BAE Systems Plc. (UK) Armoured Vehicles (AV) Corporation Information
7.2.2 BAE Systems Plc. (UK) Armoured Vehicles (AV) Product Portfolio
7.2.3 BAE Systems Plc. (UK) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BAE Systems Plc. (UK) Main Business and Markets Served
7.2.5 BAE Systems Plc. (UK) Recent Developments/Updates
7.3 Textron Inc (US)
7.3.1 Textron Inc (US) Armoured Vehicles (AV) Corporation Information
7.3.2 Textron Inc (US) Armoured Vehicles (AV) Product Portfolio
7.3.3 Textron Inc (US) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Textron Inc (US) Main Business and Markets Served
7.3.5 Textron Inc (US) Recent Developments/Updates
7.4 Oshkosh Corporation (US)
7.4.1 Oshkosh Corporation (US) Armoured Vehicles (AV) Corporation Information
7.4.2 Oshkosh Corporation (US) Armoured Vehicles (AV) Product Portfolio
7.4.3 Oshkosh Corporation (US) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Oshkosh Corporation (US) Main Business and Markets Served
7.4.5 Oshkosh Corporation (US) Recent Developments/Updates
7.5 Elbit Systems(Israel)
7.5.1 Elbit Systems(Israel) Armoured Vehicles (AV) Corporation Information
7.5.2 Elbit Systems(Israel) Armoured Vehicles (AV) Product Portfolio
7.5.3 Elbit Systems(Israel) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Elbit Systems(Israel) Main Business and Markets Served
7.5.5 Elbit Systems(Israel) Recent Developments/Updates
7.6 Thales Group (France)
7.6.1 Thales Group (France) Armoured Vehicles (AV) Corporation Information
7.6.2 Thales Group (France) Armoured Vehicles (AV) Product Portfolio
7.6.3 Thales Group (France) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Thales Group (France) Main Business and Markets Served
7.6.5 Thales Group (France) Recent Developments/Updates
7.7 Lockheed Martin (US)
7.7.1 Lockheed Martin (US) Armoured Vehicles (AV) Corporation Information
7.7.2 Lockheed Martin (US) Armoured Vehicles (AV) Product Portfolio
7.7.3 Lockheed Martin (US) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Lockheed Martin (US) Main Business and Markets Served
7.7.5 Lockheed Martin (US) Recent Developments/Updates
7.8 Rheinmetall AG (Germany)
7.8.1 Rheinmetall AG (Germany) Armoured Vehicles (AV) Corporation Information
7.8.2 Rheinmetall AG (Germany) Armoured Vehicles (AV) Product Portfolio
7.8.3 Rheinmetall AG (Germany) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Rheinmetall AG (Germany) Main Business and Markets Served
7.7.5 Rheinmetall AG (Germany) Recent Developments/Updates
7.9 Denel Land Systems (South Africa)
7.9.1 Denel Land Systems (South Africa) Armoured Vehicles (AV) Corporation Information
7.9.2 Denel Land Systems (South Africa) Armoured Vehicles (AV) Product Portfolio
7.9.3 Denel Land Systems (South Africa) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Denel Land Systems (South Africa) Main Business and Markets Served
7.9.5 Denel Land Systems (South Africa) Recent Developments/Updates
7.10 Sabiex International (Belgium)
7.10.1 Sabiex International (Belgium) Armoured Vehicles (AV) Corporation Information
7.10.2 Sabiex International (Belgium) Armoured Vehicles (AV) Product Portfolio
7.10.3 Sabiex International (Belgium) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sabiex International (Belgium) Main Business and Markets Served
7.10.5 Sabiex International (Belgium) Recent Developments/Updates
7.11 Diehl Defense (Germany)
7.11.1 Diehl Defense (Germany) Armoured Vehicles (AV) Corporation Information
7.11.2 Diehl Defense (Germany) Armoured Vehicles (AV) Product Portfolio
7.11.3 Diehl Defense (Germany) Armoured Vehicles (AV) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Diehl Defense (Germany) Main Business and Markets Served
7.11.5 Diehl Defense (Germany) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Armoured Vehicles (AV) Industry Chain Analysis
8.2 Armoured Vehicles (AV) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Armoured Vehicles (AV) Production Mode & Process
8.4 Armoured Vehicles (AV) Sales and Marketing
8.4.1 Armoured Vehicles (AV) Sales Channels
8.4.2 Armoured Vehicles (AV) Distributors
8.5 Armoured Vehicles (AV) Customers
9 Armoured Vehicles (AV) Market Dynamics
9.1 Armoured Vehicles (AV) Industry Trends
9.2 Armoured Vehicles (AV) Market Drivers
9.3 Armoured Vehicles (AV) Market Challenges
9.4 Armoured Vehicles (AV) 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
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