장갑차 조달 및 개조 시장 보고서 : 동향, 예측 및 경쟁 분석(-2035년)

The future of the global armored vehicle procurement upgrade market looks promising with opportunities in the government military, private security firm, and non-governmental organization markets. The global armored vehicle procurement upgrade market is expected to reach an estimated $45 billion by 2035 with a CAGR of 3.1% from 2026 to 2035. The major drivers for this market are the increasing demand for advanced armored protection systems, the rising defense budgets supporting vehicle procurement, and the growing focus on military fleet modernization programs.

• Lucintel forecasts that, within the vehicle type category, combat vehicle is expected to witness the highest growth over the forecast period.
• Within the end use category, government military is expected to witness the highest growth.
• In terms of region, North America is expected to witness the highest growth over the forecast period.

Emerging Trends in the Armored Vehicle Procurement Upgrade Market

The armored vehicle procurement upgrade market is experiencing rapid evolution driven by technological advancements, changing security threats, and increasing demand for enhanced protection across military, law enforcement, and private sectors. As global security dynamics shift, stakeholders are prioritizing innovative solutions that offer superior durability, mobility, and intelligence capabilities. These developments are reshaping procurement strategies, fostering new partnerships, and accelerating innovation cycles. Understanding these emerging trends is crucial for industry players aiming to stay competitive and meet evolving client needs. The following key trends highlight the major directions influencing this markets future growth and transformation.

• Integration of Advanced Technologies: Incorporating AI, IoT, and sensor systems into armored vehicles enhances situational awareness and operational efficiency. These technologies enable real-time data collection, predictive maintenance, and autonomous capabilities, significantly improving vehicle performance and safety. As threats become more sophisticated, the demand for smarter, connected vehicles is rising, prompting manufacturers to invest heavily in R&D to develop integrated solutions that provide a tactical advantage.
• Focus on Modular and Customizable Designs: The shift towards modular architectures allows for flexible upgrades and tailored configurations based on specific mission requirements. This approach reduces costs and downtime while increasing operational versatility. Clients increasingly prefer vehicles that can be quickly adapted for different roles, such as troop transport, reconnaissance, or medical evacuation, fostering a market trend toward highly customizable armored solutions that can evolve with emerging threats.
• Emphasis on Lightweight Materials: The adoption of advanced composites and lightweight alloys improves vehicle mobility without compromising protection levels. Lighter vehicles offer better fuel efficiency, higher speed, and enhanced maneuverability, which are critical in modern combat scenarios. The push for lightweight materials is driven by the need to balance protection with operational agility, leading to ongoing research and development in material science to achieve optimal strength-to-weight ratios.
• Growing Demand for Electrification and Hybrid Powertrains: Environmental concerns and operational benefits are accelerating the adoption of electric and hybrid propulsion systems in armored vehicles. These powertrains reduce noise, heat signatures, and logistical dependencies on fuel supplies. The integration of sustainable energy solutions is also aligned with military and law enforcement goals of reducing carbon footprints, while offering tactical advantages such as silent movement and reduced thermal signatures.
• Increasing International Collaboration and Standardization: Cross-border partnerships and standardized platforms facilitate technology transfer, cost reduction, and faster deployment of upgraded vehicles. International cooperation enables sharing of best practices and joint development of new solutions, expanding market reach. Standardization efforts also streamline procurement processes and ensure interoperability among allied forces, fostering a more integrated and resilient security environment globally.

These emerging trends are fundamentally transforming the armored vehicle procurement upgrade market by fostering innovation, enhancing operational flexibility, and promoting sustainable practices. They are enabling stakeholders to better address complex security challenges while driving market growth through technological advancements and strategic collaborations. As these trends continue to evolve, the market is poised for significant expansion and increased sophistication in armored vehicle solutions.

Recent Developments in the Armored Vehicle Procurement Upgrade Market

The armored vehicle procurement upgrade market is experiencing rapid growth driven by increasing security concerns, technological advancements, and geopolitical tensions. Governments and private sectors are investing heavily in modernizing their fleets to enhance safety, mobility, and operational efficiency. Innovations in armor materials, weapon systems, and communication technologies are shaping the future of armored vehicles. This evolving landscape presents significant opportunities for manufacturers, suppliers, and service providers to capitalize on emerging demands and expand their market share.

• Growing Security Concerns: Increased geopolitical tensions and terrorism threats are prompting governments worldwide to upgrade their armored vehicle fleets, ensuring better protection for personnel and assets. This surge in demand is driving innovation in armor materials and vehicle design, leading to a more resilient and versatile fleet. The market benefits from sustained government investments, creating opportunities for local and international manufacturers to develop customized solutions that meet specific security needs.
• Technological Innovations in Armor and Weaponry: Advances in composite armor, active protection systems, and integrated weaponry are transforming armored vehicles. These innovations improve survivability, firepower, and situational awareness, making vehicles more effective in combat and peacekeeping missions. The integration of AI and sensor technologies enhances operational efficiency. As a result, the market sees increased adoption of high-tech solutions, fostering competition among manufacturers and encouraging R&D investments to develop next-generation armored vehicles.
• Expansion of Military and Defense Budgets: Rising defense budgets across various countries are fueling procurement and upgrade programs for armored vehicles. Governments prioritize modernization to counter emerging threats, leading to increased tendering and contract awards. This financial boost supports the development of advanced armored platforms, including tactical and strategic vehicles. The market experiences steady growth, with opportunities for local manufacturers to participate in government-led projects and for international firms to expand their global footprint.
• Adoption of Modular and Customizable Vehicles: The shift towards modular armored vehicles allows for flexible configurations tailored to specific operational requirements. This approach reduces costs and enhances adaptability for different missions, from combat to humanitarian aid. Manufacturers are focusing on lightweight, easily upgradeable platforms that can incorporate new technologies over time. The market benefits from increased demand for versatile solutions, encouraging innovation in design and manufacturing processes to meet diverse client needs.
• Integration of Autonomous and Electric Technologies: The incorporation of autonomous driving systems and electric powertrains is revolutionizing armored vehicle design. These technologies improve operational safety, reduce logistical burdens, and lower environmental impact. Autonomous capabilities enable remote operation in hazardous environments, while electric systems offer quieter, more efficient performance. The market is witnessing a growing interest in these innovations, prompting investments in R&D and partnerships to develop next-generation armored vehicles that align with future defense strategies.

The overall impact of these developments is a dynamic, technologically advanced market characterized by increased competition, innovation, and customization. Governments and private entities are investing heavily in modernizing their armored fleets, which drives growth and diversification. As a result, the market is poised for sustained expansion, with new opportunities emerging across various segments, ultimately enhancing security capabilities worldwide.

Strategic Growth Opportunities in the Armored Vehicle Procurement Upgrade Market

The armored vehicle procurement upgrade market is experiencing significant growth driven by increasing security concerns, technological advancements, and evolving threat landscapes. Governments and private sectors are investing heavily in modernizing their fleets to enhance protection, mobility, and operational efficiency. The demand for advanced armor, integrated systems, and versatile platforms is creating new opportunities across various applications. Strategic investments and innovation are key to capturing market share and meeting the rising needs for secure and reliable armored vehicles globally.

• Increasing Defense Budgets and Security Concerns: Growing geopolitical tensions and terrorism threats are prompting governments worldwide to upgrade their armored vehicle fleets. Enhanced defense budgets enable procurement of advanced, multi-purpose armored vehicles with superior protection features. This trend is particularly prominent in regions like North America, Europe, and Asia-Pacific, where modernization programs are underway to replace aging fleets and incorporate cutting-edge technology for better survivability and operational effectiveness.
• Technological Innovations in Armor and Weapon Systems: Advances in materials such as composite armor, reactive armor, and lightweight alloys are revolutionizing vehicle protection. Integration of sophisticated weapon systems, sensor suites, and communication networks enhances battlefield awareness and combat capabilities. These innovations allow for the development of versatile vehicles suitable for various terrains and missions, creating opportunities for manufacturers to offer customized solutions that meet specific operational requirements.
• Growing Demand for Mine-Resistant and Multi-Role Vehicles: The need for mine-resistant ambush-protected (MRAP) vehicles and multi-role platforms is increasing due to asymmetric warfare and insurgency threats. These vehicles provide enhanced protection against improvised explosive devices (IEDs) and can be adapted for troop transport, reconnaissance, or combat roles. The expanding market for such specialized vehicles is driven by military modernization efforts and the need for adaptable, survivable platforms in complex operational environments.
• Expansion of Commercial and Private Security Sectors: The private security industry is increasingly investing in armored vehicles for personnel and asset protection. Corporate entities, diplomatic missions, and VIP transport services are seeking customized, high-security vehicles. This segment offers growth opportunities in armored SUVs, executive vehicles, and specialized transport solutions, driven by rising security concerns and the need for discreet, reliable protection in high-risk areas.
• Integration of Autonomous and Electric Technologies: The adoption of autonomous driving systems and electric powertrains in armored vehicles is emerging as a key growth driver. These technologies improve operational efficiency, reduce crew fatigue, and lower environmental impact. Autonomous capabilities enable safer, more precise maneuvering in complex environments, while electric powertrains offer quieter operation and reduced logistical burdens. This integration opens new avenues for innovation and market expansion in the armored vehicle sector.

These growth opportunities collectively are transforming the armored vehicle procurement upgrade market, fostering innovation and expanding its scope across defense, security, and commercial sectors. Increased investments, technological advancements, and evolving operational needs are driving market expansion, creating a dynamic environment for manufacturers and stakeholders. Embracing these opportunities will be crucial for maintaining competitiveness and addressing the complex security challenges of the modern world.

Armored Vehicle Procurement Upgrade Market Driver and Challenges

The armored vehicle procurement upgrade market is influenced by a complex interplay of technological advancements, economic conditions, and regulatory frameworks. Rapid developments in defense technology, geopolitical tensions, and increasing security concerns drive demand for upgraded armored vehicles. Economic factors such as government defense budgets and international trade policies also significantly impact market growth. Additionally, regulatory standards related to safety, export controls, and environmental compliance shape the development and deployment of armored vehicles. Navigating these diverse factors presents both opportunities and challenges for industry stakeholders, requiring strategic adaptation to maintain competitiveness and meet evolving security needs.

The factors responsible for driving the armored vehicle procurement upgrade market include:-

• Technological Innovation: The continuous evolution of armor materials, weapon systems, and electronic warfare capabilities propels the market forward. Advanced composites and lightweight armor improve vehicle performance without compromising protection, enabling militaries to upgrade existing fleets efficiently. Integration of AI and automation enhances operational effectiveness, making upgraded vehicles more adaptable to modern warfare. These technological strides meet the increasing demand for versatile, high-performance armored vehicles capable of addressing emerging threats, thus fueling market growth.
• Geopolitical Tensions and Security Threats: Rising regional conflicts, terrorism, and border disputes escalate the need for upgraded armored vehicles. Countries seek to modernize their defense capabilities to counter asymmetric warfare and insurgencies. The proliferation of hostile activities prompts governments to invest heavily in upgrading their existing armored fleets, ensuring personnel safety and operational readiness. This heightened security environment sustains a steady demand for procurement and upgrade programs across various regions.
• Defense Budget Allocations: Government spending on defense significantly influences the market. Increased budgets enable procurement of new armored vehicles and upgrades for existing ones. Countries prioritizing national security are allocating substantial funds toward modernization initiatives, often driven by strategic defense plans. Conversely, budget constraints in some regions may limit upgrade programs, creating disparities in market growth. Overall, defense expenditure trends directly impact the scale and scope of procurement activities.
• Regulatory and Export Policies: Stringent safety, environmental, and export control regulations shape the development and deployment of armored vehicles. Compliance with international standards affects design and manufacturing processes, potentially increasing costs and timelines. Export restrictions and licensing requirements influence global trade flows, impacting market accessibility for certain regions. Navigating these regulatory landscapes is crucial for manufacturers aiming to expand their market reach and ensure legal compliance.
• Strategic Military Modernization Initiatives: Countries undertaking comprehensive modernization programs aim to enhance their defense capabilities through vehicle upgrades. These initiatives often include integrating new technologies, improving mobility, and extending vehicle lifespan. Strategic partnerships and collaborations with defense contractors facilitate access to cutting-edge solutions, accelerating market growth. Such initiatives reflect a broader focus on maintaining technological superiority and operational readiness in an evolving threat environment.

The challenges facing the armored vehicle procurement upgrade market include:-

• High Costs and Budget Constraints: Upgrading armored vehicles involves significant financial investment in advanced materials, technology integration, and manufacturing processes. Budget limitations in some countries restrict the scope and scale of upgrade programs, delaying or canceling projects. Cost overruns and maintenance expenses further strain defense budgets, posing a challenge to sustained market growth. Manufacturers must balance innovation with affordability to remain competitive in a cost-sensitive environment.
• Rapid Technological Obsolescence: The fast pace of technological innovation can render existing upgrades obsolete quickly. Keeping pace with emerging threats and integrating new systems require continuous R&D investment, which can be costly and time-consuming. This rapid obsolescence challenges manufacturers to develop adaptable, future-proof solutions that can be upgraded incrementally, ensuring longevity and relevance of armored vehicles.
• Regulatory and Political Risks: Stringent export controls, changing defense policies, and geopolitical tensions can disrupt supply chains and market access. Political instability in key regions may lead to delays or cancellations of procurement programs. Navigating complex regulatory environments requires strategic planning and compliance, adding layers of complexity and risk for manufacturers and buyers alike. These factors can hinder market expansion and technological deployment.

The armored vehicle procurement upgrade market is shaped by dynamic technological innovations, geopolitical tensions, and strategic defense initiatives, which collectively drive growth. However, high costs, rapid technological changes, and regulatory complexities pose significant challenges. The interplay of these factors influences market stability, innovation pace, and regional development. Stakeholders must adapt to evolving security needs while managing financial and regulatory risks to capitalize on growth opportunities. Overall, the markets future depends on balancing technological progress with effective risk management and strategic planning.

List of Armored Vehicle Procurement Upgrade Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies armored vehicle procurement upgrade companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the armored vehicle procurement upgrade companies profiled in this report include-

• General Dynamics
• BAE Systems
• Lockheed Martin
• Rheinmetall
• Oshkosh Defense
• Thales Group
• Navistar Defense

Armored Vehicle Procurement Upgrade Market by Segment

The study includes a forecast for the global armored vehicle procurement upgrade market by vehicle type, upgrade type, application, end use, and region.

Armored Vehicle Procurement Upgrade Market by Vehicle Type [Value from 2019 to 2035]:

• Combat Vehicles
• Personnel Carriers
• Armored Reconnaissance Vehicles
• Support Vehicles

Armored Vehicle Procurement Upgrade Market by Upgrade Type [Value from 2019 to 2035]:

• Armor Kits
• Electronic Systems
• Weapon Systems
• Mobility Enhancements

Armored Vehicle Procurement Upgrade Market by Application [Value from 2019 to 2035]:

• Defense
• Law Enforcement
• Humanitarian Aid
• Civilian Protection

Armored Vehicle Procurement Upgrade Market by End Use [Value from 2019 to 2035]:

• Government Military
• Private Security Firms
• Non-Governmental Organizations

Armored Vehicle Procurement Upgrade Market by Region [Value from 2019 to 2035]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Armored Vehicle Procurement Upgrade Market

The armored vehicle procurement upgrade market has experienced significant growth driven by increasing security concerns, technological advancements, and geopolitical tensions worldwide. Countries are investing heavily in modernizing their defense capabilities to enhance protection, mobility, and operational efficiency. Innovations in armor materials, weapon systems, and electronic warfare are shaping the landscape. Governments are also focusing on integrating advanced communication and surveillance systems into their armored fleets. This evolving market reflects a strategic shift towards more sophisticated and resilient armored vehicles, aligning with broader defense modernization initiatives. The following summaries highlight recent developments in the United States, China, Germany, India, and Japan.

• United States: The U.S. has prioritized upgrading its armored vehicle fleet with advanced armor, integrated communication systems, and autonomous capabilities. Recent procurements include the modernization of the Abrams tank and Stryker vehicles, emphasizing enhanced survivability and battlefield awareness. The Department of Defense is also investing in next-generation technologies such as active protection systems and hybrid powertrains to improve operational efficiency and safety.
• China: China has accelerated its armored vehicle modernization, focusing on indigenous development of advanced tanks and infantry fighting vehicles. Recent initiatives include the deployment of upgraded Type 99 tanks with improved armor and firepower, alongside the integration of modern electronic warfare systems. The country is also expanding its armored vehicle fleet to support rapid deployment and territorial defense strategies.
• Germany: Germany continues to upgrade its armored vehicles, notably the Leopard 2 tank, with enhancements in armor protection, fire control systems, and digital battlefield integration. The Bundeswehr is also investing in modular upgrade kits to extend vehicle lifespan and adaptability. Additionally, Germany is exploring hybrid and electric propulsion options to reduce logistical burdens and environmental impact.
• India: India has made significant strides in modernizing its armored fleet, including the upgrade of T-90 tanks with new armor, fire control systems, and weaponry. The country is also developing indigenous armored vehicles like the Arjun Mk II, emphasizing self-reliance. Recent procurements focus on enhancing mobility, protection, and battlefield network integration to counter regional threats.
• Japan: Japan is upgrading its armored vehicles with a focus on enhanced survivability and electronic warfare capabilities. The Type 90 and Type 10 tanks are receiving modern armor, advanced targeting systems, and network-centric warfare features. Japan is also exploring lightweight armor solutions and hybrid power systems to improve operational flexibility in its regional security environment.

Features of the Global Armored Vehicle Procurement Upgrade Market

• Market Size Estimates: Armored vehicle procurement upgrade market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2025) and forecast (2026 to 2035) by various segments and regions.
• Segmentation Analysis: Armored vehicle procurement upgrade market size by various segments, such as by vehicle type, upgrade type, application, end use, and region in terms of value ($B).
• Regional Analysis: Armored vehicle procurement upgrade market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different vehicle types, upgrade types, applications, end uses, and regions for the armored vehicle procurement upgrade market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the armored vehicle procurement upgrade market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the armored vehicle procurement upgrade market by vehicle type (combat vehicles, personnel carriers, armored reconnaissance vehicles, and support vehicles), upgrade type (armor kits, electronic systems, weapon systems, and mobility enhancements), application (defense, law enforcement, humanitarian aid, and civilian protection), end use (government military, private security firms, and non-governmental organizations), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.1 Macroeconomic Trends and Forecasts
• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Armored Vehicle Procurement Upgrade Market by Vehicle Type

• 4.1 Overview
• 4.2 Attractiveness Analysis by Vehicle Type
• 4.3 Combat Vehicles : Trends and Forecast (2019-2035)
• 4.4 Personnel Carriers : Trends and Forecast (2019-2035)
• 4.5 Armored Reconnaissance Vehicles : Trends and Forecast (2019-2035)
• 4.6 Support Vehicles : Trends and Forecast (2019-2035)

5. Global Armored Vehicle Procurement Upgrade Market by Upgrade Type

• 5.1 Overview
• 5.2 Attractiveness Analysis by Upgrade Type
• 5.3 Armor Kits : Trends and Forecast (2019-2035)
• 5.4 Electronic Systems : Trends and Forecast (2019-2035)
• 5.5 Weapon Systems : Trends and Forecast (2019-2035)
• 5.6 Mobility Enhancements : Trends and Forecast (2019-2035)

6. Global Armored Vehicle Procurement Upgrade Market by Application

• 6.1 Overview
• 6.2 Attractiveness Analysis by Application
• 6.3 Defense : Trends and Forecast (2019-2035)
• 6.4 Law Enforcement : Trends and Forecast (2019-2035)
• 6.5 Humanitarian Aid : Trends and Forecast (2019-2035)
• 6.6 Civilian Protection : Trends and Forecast (2019-2035)

7. Global Armored Vehicle Procurement Upgrade Market by End Use

• 7.1 Overview
• 7.2 Attractiveness Analysis by End Use
• 7.3 Government Military : Trends and Forecast (2019-2035)
• 7.4 Private Security Firms : Trends and Forecast (2019-2035)
• 7.5 Non-Governmental Organizations : Trends and Forecast (2019-2035)

8. Regional Analysis

• 8.1 Overview
• 8.2 Global Armored Vehicle Procurement Upgrade Market by Region

9. North American Armored Vehicle Procurement Upgrade Market

• 9.1 Overview
• 9.2 North American Armored Vehicle Procurement Upgrade Market by Vehicle Type
• 9.3 North American Armored Vehicle Procurement Upgrade Market by End Use
• 9.4 The United States Armored Vehicle Procurement Upgrade Market
• 9.5 Canadian Armored Vehicle Procurement Upgrade Market
• 9.6 Mexican Armored Vehicle Procurement Upgrade Market

10. European Armored Vehicle Procurement Upgrade Market

• 10.1 Overview
• 10.2 European Armored Vehicle Procurement Upgrade Market by Vehicle Type
• 10.3 European Armored Vehicle Procurement Upgrade Market by End Use
• 10.4 German Armored Vehicle Procurement Upgrade Market
• 10.5 French Armored Vehicle Procurement Upgrade Market
• 10.6 Italian Armored Vehicle Procurement Upgrade Market
• 10.7 Spanish Armored Vehicle Procurement Upgrade Market
• 10.8 The United Kingdom Armored Vehicle Procurement Upgrade Market

11. APAC Armored Vehicle Procurement Upgrade Market

• 11.1 Overview
• 11.2 APAC Armored Vehicle Procurement Upgrade Market by Vehicle Type
• 11.3 APAC Armored Vehicle Procurement Upgrade Market by End Use
• 11.4 Chinese Armored Vehicle Procurement Upgrade Market
• 11.5 Indian Armored Vehicle Procurement Upgrade Market
• 11.6 Japanese Armored Vehicle Procurement Upgrade Market
• 11.7 South Korean Armored Vehicle Procurement Upgrade Market
• 11.8 Indonesian Armored Vehicle Procurement Upgrade Market

12. ROW Armored Vehicle Procurement Upgrade Market

• 12.1 Overview
• 12.2 ROW Armored Vehicle Procurement Upgrade Market by Vehicle Type
• 12.3 ROW Armored Vehicle Procurement Upgrade Market by End Use
• 12.4 Middle Eastern Armored Vehicle Procurement Upgrade Market
• 12.5 South American Armored Vehicle Procurement Upgrade Market
• 12.6 African Armored Vehicle Procurement Upgrade Market

13. Competitor Analysis

• 13.1 Product Portfolio Analysis
• 13.2 Operational Integration
• 13.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 13.4 Market Share Analysis

14. Opportunities & Strategic Analysis

• 14.1 Value Chain Analysis
• 14.2 Growth Opportunity Analysis
  • 14.2.1 Growth Opportunity by Vehicle Type
  • 14.2.2 Growth Opportunity by Upgrade Type
  • 14.2.3 Growth Opportunity by Application
  • 14.2.4 Growth Opportunity by End Use
  • 14.2.5 Growth Opportunity by Region
• 14.3 Emerging Trends in the Global Armored Vehicle Procurement Upgrade Market
• 14.4 Strategic Analysis
  • 14.4.1 New Product Development
  • 14.4.2 Certification and Licensing
  • 14.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

15. Company Profiles of the Leading Players Across the Value Chain

• 15.1 Competitive Analysis Overview
• 15.2 General Dynamics
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.3 BAE Systems
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.4 Lockheed Martin
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.5 Rheinmetall
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.6 Oshkosh Defense
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.7 Thales Group
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.8 Navistar Defense
  • Company Overview
  • Armored Vehicle Procurement Upgrade Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

16. Appendix

• 16.1 List of Figures
• 16.2 List of Tables
• 16.3 Research Methodology
• 16.4 Disclaimer
• 16.5 Copyright
• 16.6 Abbreviations and Technical Units
• 16.7 About Us
• 16.8 Contact Us