장갑차 시장 규모, 점유율, 동향, 예측 : 제품, 시스템, 구동 유형, 지역별(2025-2033년)

The global armored vehicles market size was valued at USD 18.80 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 29.44 Billion by 2033, exhibiting a CAGR of 5.06% during 2025-2033. North America currently dominates the market. The rising military modernization programs to replace aging fleets with more advanced and efficient models, increasing emphasis on enhancing the survivability and mobility, and the expansion in emerging markets are various factors impelling the market growth.

Armored vehicles are automobiles specially designed with partial or complete armor plating to withstand explosions and attacks. Armored personal carriers, infantry fighting vehicles, main battle tanks, tactical trucks, buses, limousines, and sedans are common product variants. These vehicles provide high protection against basaltic threats, including missiles, bullets, and improvised explosives devices (IEDs). They are also used to transport military personnel and valuable items, such as money and jewelry. Armored vehicles are often fitted with weapons and a protective shell manufactured from multiple plates of corrosion-resistant steel, steel alloys, or special composite materials. Besides this, they offer better performance and higher reliability and durability to withstand attacks.

Armored Vehicles Market Trends:

The increasing product demand from defense forces across the globe is creating a positive outlook for the market. Armored vehicles are used for frontline combat, armed escorting, surveillance, and goods transportation on battlefields. The rising popularity of armored vehicles can also be attributed to the rapid militarization of law enforcement agencies to combat internal security challenges, which, in turn, is acting as another growth-inducing factor. Furthermore, the widespread adoption of armored passenger vehicles for self and family protection, safeguarding public figures, and securing valuable materials due to increasing insurgent activities and rising threat levels is favoring the market growth. Additionally, the integration of an active protection system (APS) that uses launchers, sensors, tracking radar, and countermeasure munitions to automatically detect and counteract incoming threat projectiles is providing an impetus to the market growth. Moreover, the increasing adoption of unmanned variants by defense forces to carry out intelligence, surveillance, and reconnaissance (ISR) and combat operations is propelling the market growth. Other factors, including rising incidences of asymmetric warfare across the globe, increasing military modernization, growing production of modular armored vehicles, and the implementation of various government initiatives toward strengthening the armed forces, are anticipated to drive the market growth.

Key Market Segmentation:

Breakup by Product:

• Defense
• Armored Personnel Carrier (APC)
• Infantry Fighting Vehicles (IFVs)
• Light Protected Vehicles (LPVs)
• Main Battle Tanks (MBTs)
• Mine-resistant Ambush Protected (MRAP)
• Tactical Vehicle
• Others
• Commercial
• Bus/Van
• Limousine
• Sedan
• SUV
• Others

Breakup by System:

• Engine
• Drive System
• Ballistic Armor
• Turret Drives
• Ammunition Handling System
• Fire Control Systems (FCS)
• Armaments
• Countermeasure System
• Command and Control (C2) System
• Power System
• Navigation System
• Observation and Display System
• Hulls/Frames

Breakup by Drive Type:

• Wheeled
• Tracked

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BAE Systems plc, Elbit Systems Ltd., General Dynamics Corporation, INKAS Armored Vehicle Manufacturing, International Armored Group, IVECO, Krauss-Maffei Wegmann GmbH & Co. KG (KMW+Nexter Defense Systems N.V.), Lenco Armored Vehicles Inc, Lockheed Martin Corporation, Oshkosh Defense, LLC (Oshkosh Corporation), Rheinmetall AG and Textron Inc.

Key Questions Answered in This Report

• 1.What are armored vehicles?
• 2.How big is the armored vehicles market?
• 3.What is the expected growth rate of the global armored vehicles market during 2025-2033?
• 4.What are the key factors driving the global armored vehicles market?
• 5.What is the leading segment of the global armored vehicles market based on the product?
• 6.What is the leading segment of the global armored vehicles market based on drive type?
• 7.What are the key regions in the global armored vehicles market?
• 8.Who are the key players/companies in the global armored vehicles market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Armored Vehicles Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 Defense
  • 6.1.1 Market Trends
  • 6.1.2 Key Segments
    • 6.1.2.1 Armored Personnel Carrier (APC)
    • 6.1.2.2 Infantry Fighting Vehicles (IFVs)
    • 6.1.2.3 Light Protected Vehicles (LPVs)
    • 6.1.2.4 Main Battle Tanks (MBTs)
    • 6.1.2.5 Mine-resistant Ambush Protected (MRAP)
    • 6.1.2.6 Tactical Vehicle
    • 6.1.2.7 Others
  • 6.1.3 Market Forecast
• 6.2 Commercial
  • 6.2.1 Market Trends
  • 6.2.2 Key Segments
    • 6.2.2.1 Bus/Van
    • 6.2.2.2 Limousine
    • 6.2.2.3 Sedan
    • 6.2.2.4 SUV
    • 6.2.2.5 Others
  • 6.2.3 Market Forecast

7 Market Breakup by System

• 7.1 Engine
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Drive System
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Ballistic Armor
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Turret Drives
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Ammunition Handling System
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Fire Control Systems (FCS)
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Armaments
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast
• 7.8 Countermeasure System
  • 7.8.1 Market Trends
  • 7.8.2 Market Forecast
• 7.9 Command and Control (C2) System
  • 7.9.1 Market Trends
  • 7.9.2 Market Forecast
• 7.10 Power System
  • 7.10.1 Market Trends
  • 7.10.2 Market Forecast
• 7.11 Navigation System
  • 7.11.1 Market Trends
  • 7.11.2 Market Forecast
• 7.12 Observation and Display System
  • 7.12.1 Market Trends
  • 7.12.2 Market Forecast
• 7.13 Hulls/Frames
  • 7.13.1 Market Trends
  • 7.13.2 Market Forecast

8 Market Breakup by Drive Type

• 8.1 Wheeled
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Tracked
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 BAE Systems plc
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Elbit Systems Ltd.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
  • 14.3.3 General Dynamics Corporation
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
    • 14.3.3.4 SWOT Analysis
  • 14.3.4 INKAS Armored Vehicle Manufacturing
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 International Armored Group
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 IVECO
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
  • 14.3.7 Krauss-Maffei Wegmann GmbH & Co. KG (KMW+Nexter Defense Systems N.V.)
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Lenco Armored Vehicles Inc
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Lockheed Martin Corporation
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 Oshkosh Defense, LLC (Oshkosh Corporation)
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 Rheinmetall AG
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
  • 14.3.12 Textron Inc.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis