Armored Vehicle Market
Armored Vehicle Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Armored Vehicle Market Size and Growth
The global armored vehicle market is expected to reach a market size of $36.6 billion by 2027, with a compound annual growth rate of 5.6%. Rising security concerns, increasing defense budgets, and advancements in technology are driving the market growth. North America and Europe are expected to dominate the market. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ BAE Systems
◍ Elbit Systems
◍ General Dynamics
◍ Iveco
◍ Krauss-MaffeiWegmann
◍ Lockheed Martin
◍ Navistar
◍ Oshkosh
◍ Rheinmetall
◍ Textron
◍ Streit
◍ Minerva
◍ Armour Group
◍ INKAS
◍ GeneralDynamicsCorporation
◍ STAT Industry
◍ Textron, Inc.
◍ Thales Group
The Armored Vehicle Market is highly competitive with key players such as BAE Systems, Elbit Systems, General Dynamics, Iveco, Krauss-Maffei Wegmann, Lockheed Martin, Navistar, Oshkosh, Rheinmetall, Textron, Streit, Minerva, Armour Group, INKAS, General Dynamics Corporation, STAT Industry, Thales Group, and Lenco. These companies offer a wide range of armored vehicles for military, law enforcement, and security purposes, driving market growth with innovative technologies and strategic partnerships.
- BAE Systems: $21.2 billion sales revenue
- General Dynamics: $36.19 billion sales revenue
- Lockheed Martin: $59.81 billion sales revenue
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Market Segmentation
By Application
◍ Military Use
◍ Police Use
◍ Civil Use
By Product
◍ Wheeled Armored Vehicles
◍ Tracked Armored Vehicles
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$ X Billion USD
Market Growth
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