The global military armored vehicles and counter-IED vehicles market is forecasted to grow by USD 10967.3 mn during 2025-2030, accelerating at a CAGR of 4.8% during the forecast period. The report on the global military armored vehicles and counter-IED vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing military modernization and fleet replacement programs, growing focus on force protection against explosive threats, expanding defense budget allocation toward land warfare capabilities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope |
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.5% |
| CAGR | 4.8% |
| Incremental Value | $10967.3 mn |
Technavio's global military armored vehicles and counter-IED vehicles market is segmented as below:
By Product
- Infantry fighting vehicle
- Armored personnel carrier
- Main battle tank
- Self-propelled howitzer
- Others
By Mobility Type
By Application
- National defense
- Homeland security
Geography
- APAC
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- North America
- Middle East and Africa
- Europe
- UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- South America
- Rest of World (ROW)
This study identifies the advancing integration of autonomous and unmanned ground vehicle capabilities as one of the prime reasons driving the global military armored vehicles and counter-IED vehicles market growth during the next few years. Also, increasing adoption of modular mission-configurable vehicle architectures and growing use of digital battlefield connectivity and data-driven operational systems will lead to sizable demand in the market.
The report on the global military armored vehicles and counter-IED vehicles market covers the following areas:
- Global military armored vehicles and counter-IED vehicles market sizing
- Global military armored vehicles and counter-IED vehicles market forecast
- Global military armored vehicles and counter-IED vehicles market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global military armored vehicles and counter-IED vehicles market vendors that include AM General llc, Arquus, Babcock International Group Plc, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Land Systems, Hanwha Aerospace Co. Ltd., INKAS Armored, Iveco Defence Vehicles, KNDS N.V., Lenco Industries Inc., Mack Defense LLC, Navistar Defense LLC, Oshkosh Defense LLC, Paramount Group, Plasan Sasa Ltd., Rheinmetall AG, ST Engineering Ltd., Supacat, Textron Systems Corp., Thales Group. Also, the global military armored vehicles and counter-IED vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Mobility Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Military Armored Vehicles And Counter-IED Vehicles Market 2020 - 2024
- Historic Market Size - Data Table on Global Military Armored Vehicles And Counter-IED Vehicles Market 2020 - 2024 ($ million)
- 5.2 Product segment analysis 2020 - 2024
- Historic Market Size - Product Segment 2020 - 2024 ($ million)
- 5.3 Mobility Type segment analysis 2020 - 2024
- Historic Market Size - Mobility Type Segment 2020 - 2024 ($ million)
- 5.4 Application segment analysis 2020 - 2024
- Historic Market Size - Application Segment 2020 - 2024 ($ million)
- 5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on global military armored vehicles and counter-IED vehicles market
- 6.2 Impact of geopolitical conflicts on global military armored vehicles and counter-IED vehicles market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by Product
- 8.1 Market segments
- 8.2 Comparison by Product
- 8.3 Infantry fighting vehicle - Market size and forecast 2025-2030
- 8.4 Armored personnel carrier - Market size and forecast 2025-2030
- 8.5 Main battle tank - Market size and forecast 2025-2030
- 8.6 Self-propelled howitzer - Market size and forecast 2025-2030
- 8.7 Others - Market size and forecast 2025-2030
- 8.8 Market opportunity by Product
- Market opportunity by Product ($ million)
9 Market Segmentation by Mobility Type
- 9.1 Market segments
- 9.2 Comparison by Mobility Type
- 9.3 Wheeled - Market size and forecast 2025-2030
- 9.4 Tracked - Market size and forecast 2025-2030
- 9.5 Market opportunity by Mobility Type
- Market opportunity by Mobility Type ($ million)
10 Market Segmentation by Application
- 10.1 Market segments
- 10.2 Comparison by Application
- 10.3 National defense - Market size and forecast 2025-2030
- 10.4 Homeland security - Market size and forecast 2025-2030
- 10.5 Market opportunity by Application
- Market opportunity by Application ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 India - Market size and forecast 2025-2030
- 12.3.3 Japan - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Indonesia - Market size and forecast 2025-2030
- 12.3.6 Australia - Market size and forecast 2025-2030
- 12.4 North America - Market size and forecast 2025-2030
- 12.4.1 US - Market size and forecast 2025-2030
- 12.4.2 Canada - Market size and forecast 2025-2030
- 12.4.3 Mexico - Market size and forecast 2025-2030
- 12.5 Middle East and Africa - Market size and forecast 2025-2030
- 12.5.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.5.2 UAE - Market size and forecast 2025-2030
- 12.5.3 Israel - Market size and forecast 2025-2030
- 12.5.4 Turkey - Market size and forecast 2025-2030
- 12.5.5 South Africa - Market size and forecast 2025-2030
- 12.6 Europe - Market size and forecast 2025-2030
- 12.6.1 UK - Market size and forecast 2025-2030
- 12.6.2 Germany - Market size and forecast 2025-2030
- 12.6.3 France - Market size and forecast 2025-2030
- 12.6.4 Italy - Market size and forecast 2025-2030
- 12.6.5 Spain - Market size and forecast 2025-2030
- 12.6.6 The Netherlands - Market size and forecast 2025-2030
- 12.7 South America - Market size and forecast 2025-2030
- 12.7.1 Brazil - Market size and forecast 2025-2030
- 12.7.2 Argentina - Market size and forecast 2025-2030
- 12.7.3 Chile - Market size and forecast 2025-2030
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Increasing military modernization and fleet replacement programs
- Growing focus on force protection against explosive threats
- Expanding defense budget allocation toward land warfare capabilities
- 13.2 Market challenges
- High procurement and life-cycle ownership costs
- Dependence on specialized defense-grade component supply chains
- Lengthy defense acquisition and qualification timelines
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 13.4 Market opportunities
- Advancing integration of autonomous and unmanned ground vehicle capabilities
- Increasing adoption of modular mission-configurable vehicle architectures
- Growing use of digital battlefield connectivity and data-driven operational systems
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Babcock International Group Plc
- Babcock International Group Plc - Overview
- Babcock International Group Plc - Business segments
- Babcock International Group Plc - Key offerings
- Babcock International Group Plc - Segment focus
- SWOT
- 15.5 BAE Systems Plc
- BAE Systems Plc - Overview
- BAE Systems Plc - Business segments
- BAE Systems Plc - Key news
- BAE Systems Plc - Key offerings
- BAE Systems Plc - Segment focus
- SWOT
- 15.6 Elbit Systems Ltd.
- Elbit Systems Ltd. - Overview
- Elbit Systems Ltd. - Business segments
- Elbit Systems Ltd. - Key offerings
- Elbit Systems Ltd. - Segment focus
- SWOT
- 15.7 Hanwha Aerospace Co. Ltd.
- Hanwha Aerospace Co. Ltd. - Overview
- Hanwha Aerospace Co. Ltd. - Business segments
- Hanwha Aerospace Co. Ltd. - Key offerings
- Hanwha Aerospace Co. Ltd. - Segment focus
- SWOT
- 15.8 INKAS Armored
- INKAS Armored - Overview
- INKAS Armored - Product / Service
- INKAS Armored - Key offerings
- SWOT
- 15.9 Iveco Defence Vehicles
- Iveco Defence Vehicles - Overview
- Iveco Defence Vehicles - Product / Service
- Iveco Defence Vehicles - Key offerings
- SWOT
- 15.10 KNDS N.V.
- KNDS N.V. - Overview
- KNDS N.V. - Product / Service
- KNDS N.V. - Key offerings
- SWOT
- 15.11 Navistar Defense LLC
- Navistar Defense LLC - Overview
- Navistar Defense LLC - Product / Service
- Navistar Defense LLC - Key offerings
- SWOT
- 15.12 Oshkosh Defense LLC
- Oshkosh Defense LLC - Overview
- Oshkosh Defense LLC - Product / Service
- Oshkosh Defense LLC - Key offerings
- SWOT
- 15.13 Paramount Group
- Paramount Group - Overview
- Paramount Group - Product / Service
- Paramount Group - Key offerings
- SWOT
- 15.14 Plasan Sasa Ltd.
- Plasan Sasa Ltd. - Overview
- Plasan Sasa Ltd. - Product / Service
- Plasan Sasa Ltd. - Key offerings
- SWOT
- 15.15 Rheinmetall AG
- Rheinmetall AG - Overview
- Rheinmetall AG - Business segments
- Rheinmetall AG - Key offerings
- Rheinmetall AG - Segment focus
- SWOT
- 15.16 ST Engineering Ltd.
- ST Engineering Ltd. - Overview
- ST Engineering Ltd. - Business segments
- ST Engineering Ltd. - Key offerings
- ST Engineering Ltd. - Segment focus
- SWOT
- 15.17 Textron Systems Corp.
- Textron Systems Corp. - Overview
- Textron Systems Corp. - Business segments
- Textron Systems Corp. - Key offerings
- Textron Systems Corp. - Segment focus
- SWOT
- 15.18 Thales Group
- Thales Group - Overview
- Thales Group - Business segments
- Thales Group - Key news
- Thales Group - Key offerings
- Thales Group - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations