Military Armored Vehicles Market Size(US$)

CAGR 2025-2031
2.2%
Market Size,2031
USD 25,410
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Military Armored Vehicles was estimated to be worth US$ 21940 million in 2024 and is forecast to a readjusted size of US$ 25410 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.
An armoured vehicle is an armed combat vehicle protected by armour, generally combining operational mobility with offensive and defensive capabilities. Armoured vehicles can be wheeled or tracked. Tanks, armoured cars, assault guns/armoured self-propelled guns, infantry fighting vehicles and armoured personnel carriers (APC) are all examples of armoured vehicles.
The Military Armored Vehicles market covers Wheeled Armored Vehicles, Crawler Armored Vehicles. The typical players include General Dynamics, BAE Systems, Oshkosh, Rheinmetall, China North Industrial, Nexter Systems, Hyundai Rotem, FNSS, etc.
This report aims to provide a comprehensive presentation of the global market for Military Armored Vehicles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Military Armored Vehicles by region & country, by Type, and by Application.
The Military Armored Vehicles market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Military Armored Vehicles.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Military Armored Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Military Armored Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Military Armored Vehicles in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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Table of Contents
1 Market Overview
1.1 Military Armored Vehicles Product Introduction
1.2 Global Military Armored Vehicles Market Size Forecast
1.2.1 Global Military Armored Vehicles Sales Value (2020-2031)
1.2.2 Global Military Armored Vehicles Sales Volume (2020-2031)
1.2.3 Global Military Armored Vehicles Sales Price (2020-2031)
1.3 Military Armored Vehicles Market Trends & Drivers
1.3.1 Military Armored Vehicles Industry Trends
1.3.2 Military Armored Vehicles Market Drivers & Opportunity
1.3.3 Military Armored Vehicles Market Challenges
1.3.4 Military Armored Vehicles Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Military Armored Vehicles Players Revenue Ranking (2024)
2.2 Global Military Armored Vehicles Revenue by Company (2020-2025)
2.3 Global Military Armored Vehicles Players Sales Volume Ranking (2024)
2.4 Global Military Armored Vehicles Sales Volume by Company Players (2020-2025)
2.5 Global Military Armored Vehicles Average Price by Company (2020-2025)
2.6 Key Manufacturers Military Armored Vehicles Manufacturing Base and Headquarters
2.7 Key Manufacturers Military Armored Vehicles Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Military Armored Vehicles
2.9 Military Armored Vehicles Market Competitive Analysis
2.9.1 Military Armored Vehicles Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Military Armored Vehicles Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Military Armored Vehicles as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Wheeled Military Armored Vehicles
3.1.2 Crawler Military Armored Vehicles
3.2 Global Military Armored Vehicles Sales Value by Type
3.2.1 Global Military Armored Vehicles Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Military Armored Vehicles Sales Value, by Type (2020-2031)
3.2.3 Global Military Armored Vehicles Sales Value, by Type (%) (2020-2031)
3.3 Global Military Armored Vehicles Sales Volume by Type
3.3.1 Global Military Armored Vehicles Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Military Armored Vehicles Sales Volume, by Type (2020-2031)
3.3.3 Global Military Armored Vehicles Sales Volume, by Type (%) (2020-2031)
3.4 Global Military Armored Vehicles Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Defense
4.1.2 Homeland Security
4.1.3 Others
4.2 Global Military Armored Vehicles Sales Value by Application
4.2.1 Global Military Armored Vehicles Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Military Armored Vehicles Sales Value, by Application (2020-2031)
4.2.3 Global Military Armored Vehicles Sales Value, by Application (%) (2020-2031)
4.3 Global Military Armored Vehicles Sales Volume by Application
4.3.1 Global Military Armored Vehicles Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Military Armored Vehicles Sales Volume, by Application (2020-2031)
4.3.3 Global Military Armored Vehicles Sales Volume, by Application (%) (2020-2031)
4.4 Global Military Armored Vehicles Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Military Armored Vehicles Sales Value by Region
5.1.1 Global Military Armored Vehicles Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Military Armored Vehicles Sales Value by Region (2020-2025)
5.1.3 Global Military Armored Vehicles Sales Value by Region (2026-2031)
5.1.4 Global Military Armored Vehicles Sales Value by Region (%), (2020-2031)
5.2 Global Military Armored Vehicles Sales Volume by Region
5.2.1 Global Military Armored Vehicles Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Military Armored Vehicles Sales Volume by Region (2020-2025)
5.2.3 Global Military Armored Vehicles Sales Volume by Region (2026-2031)
5.2.4 Global Military Armored Vehicles Sales Volume by Region (%), (2020-2031)
5.3 Global Military Armored Vehicles Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Military Armored Vehicles Sales Value, 2020-2031
5.4.2 North America Military Armored Vehicles Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Military Armored Vehicles Sales Value, 2020-2031
5.5.2 Europe Military Armored Vehicles Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Military Armored Vehicles Sales Value, 2020-2031
5.6.2 Asia Pacific Military Armored Vehicles Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Military Armored Vehicles Sales Value, 2020-2031
5.7.2 South America Military Armored Vehicles Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Military Armored Vehicles Sales Value, 2020-2031
5.8.2 Middle East & Africa Military Armored Vehicles Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Military Armored Vehicles Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Military Armored Vehicles Sales Value
6.2.1 Key Countries/Regions Military Armored Vehicles Sales Value, 2020-2031
6.2.2 Key Countries/Regions Military Armored Vehicles Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Military Armored Vehicles Sales Value, 2020-2031
6.3.2 United States Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Military Armored Vehicles Sales Value, 2020-2031
6.4.2 Europe Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Military Armored Vehicles Sales Value, 2020-2031
6.5.2 China Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.5.3 China Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Military Armored Vehicles Sales Value, 2020-2031
6.6.2 Japan Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Military Armored Vehicles Sales Value, 2020-2031
6.7.2 South Korea Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Military Armored Vehicles Sales Value, 2020-2031
6.8.2 Southeast Asia Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Military Armored Vehicles Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Military Armored Vehicles Sales Value, 2020-2031
6.9.2 India Military Armored Vehicles Sales Value by Type (%), 2024 VS 2031
6.9.3 India Military Armored Vehicles Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 General Dynamics
7.1.1 General Dynamics Company Information
7.1.2 General Dynamics Introduction and Business Overview
7.1.3 General Dynamics Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 General Dynamics Military Armored Vehicles Product Offerings
7.1.5 General Dynamics Recent Development
7.2 BAE Systems
7.2.1 BAE Systems Company Information
7.2.2 BAE Systems Introduction and Business Overview
7.2.3 BAE Systems Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 BAE Systems Military Armored Vehicles Product Offerings
7.2.5 BAE Systems Recent Development
7.3 Oshkosh
7.3.1 Oshkosh Company Information
7.3.2 Oshkosh Introduction and Business Overview
7.3.3 Oshkosh Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Oshkosh Military Armored Vehicles Product Offerings
7.3.5 Oshkosh Recent Development
7.4 Rheinmetall
7.4.1 Rheinmetall Company Information
7.4.2 Rheinmetall Introduction and Business Overview
7.4.3 Rheinmetall Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Rheinmetall Military Armored Vehicles Product Offerings
7.4.5 Rheinmetall Recent Development
7.5 China North Industrial
7.5.1 China North Industrial Company Information
7.5.2 China North Industrial Introduction and Business Overview
7.5.3 China North Industrial Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 China North Industrial Military Armored Vehicles Product Offerings
7.5.5 China North Industrial Recent Development
7.6 Nexter Systems
7.6.1 Nexter Systems Company Information
7.6.2 Nexter Systems Introduction and Business Overview
7.6.3 Nexter Systems Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Nexter Systems Military Armored Vehicles Product Offerings
7.6.5 Nexter Systems Recent Development
7.7 Hyundai Rotem
7.7.1 Hyundai Rotem Company Information
7.7.2 Hyundai Rotem Introduction and Business Overview
7.7.3 Hyundai Rotem Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Hyundai Rotem Military Armored Vehicles Product Offerings
7.7.5 Hyundai Rotem Recent Development
7.8 FNSS
7.8.1 FNSS Company Information
7.8.2 FNSS Introduction and Business Overview
7.8.3 FNSS Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 FNSS Military Armored Vehicles Product Offerings
7.8.5 FNSS Recent Development
7.9 Uralvagonzavod
7.9.1 Uralvagonzavod Company Information
7.9.2 Uralvagonzavod Introduction and Business Overview
7.9.3 Uralvagonzavod Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Uralvagonzavod Military Armored Vehicles Product Offerings
7.9.5 Uralvagonzavod Recent Development
7.10 STREIT Group
7.10.1 STREIT Group Company Information
7.10.2 STREIT Group Introduction and Business Overview
7.10.3 STREIT Group Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 STREIT Group Military Armored Vehicles Product Offerings
7.10.5 STREIT Group Recent Development
7.11 Thales Group
7.11.1 Thales Group Company Information
7.11.2 Thales Group Introduction and Business Overview
7.11.3 Thales Group Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Thales Group Military Armored Vehicles Product Offerings
7.11.5 Thales Group Recent Development
7.12 Textron
7.12.1 Textron Company Information
7.12.2 Textron Introduction and Business Overview
7.12.3 Textron Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Textron Military Armored Vehicles Product Offerings
7.12.5 Textron Recent Development
7.13 Iveco Defence Vehicles
7.13.1 Iveco Defence Vehicles Company Information
7.13.2 Iveco Defence Vehicles Introduction and Business Overview
7.13.3 Iveco Defence Vehicles Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Iveco Defence Vehicles Military Armored Vehicles Product Offerings
7.13.5 Iveco Defence Vehicles Recent Development
7.14 ST Engineering
7.14.1 ST Engineering Company Information
7.14.2 ST Engineering Introduction and Business Overview
7.14.3 ST Engineering Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 ST Engineering Military Armored Vehicles Product Offerings
7.14.5 ST Engineering Recent Development
7.15 BMC
7.15.1 BMC Company Information
7.15.2 BMC Introduction and Business Overview
7.15.3 BMC Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 BMC Military Armored Vehicles Product Offerings
7.15.5 BMC Recent Development
7.16 Otokar
7.16.1 Otokar Company Information
7.16.2 Otokar Introduction and Business Overview
7.16.3 Otokar Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Otokar Military Armored Vehicles Product Offerings
7.16.5 Otokar Recent Development
7.17 NIMR Automotive
7.17.1 NIMR Automotive Company Information
7.17.2 NIMR Automotive Introduction and Business Overview
7.17.3 NIMR Automotive Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 NIMR Automotive Military Armored Vehicles Product Offerings
7.17.5 NIMR Automotive Recent Development
7.18 Mahindra
7.18.1 Mahindra Company Information
7.18.2 Mahindra Introduction and Business Overview
7.18.3 Mahindra Military Armored Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Mahindra Military Armored Vehicles Product Offerings
7.18.5 Mahindra Recent Development
8 Industry Chain Analysis
8.1 Military Armored Vehicles Industrial Chain
8.2 Military Armored Vehicles Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Military Armored Vehicles Sales Model
8.5.2 Sales Channel
8.5.3 Military Armored Vehicles Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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