세계의 장갑차 시장 : 플랫폼별, 유형별, 기동성별, 조작 모드별, 시스템별, 판매 지점별, 지역별 - 예측(-2030년)

The armored vehicles market is estimated at USD 51.6 billion in 2025 and is projected to reach USD 60.7 billion by 2030 at a CAGR of 3.3% from 2025 to 2030. Nations facing territorial disputes or border tensions, such as those in regions like South Asia, Eastern Europe, and the Middle East, are compelled to bolster their defense capabilities, including the acquisition of armored vehicles. These conflicts heighten the demand for advanced military equipment to ensure territorial integrity and protect national borders. As a result, governments allocate substantial budgets toward the procurement of armored vehicles equipped with cutting-edge technology, enhancing their combat capabilities and readiness to respond to potential threats. Additionally, the need to maintain peace and security amid border disputes fosters continuous investment in armored vehicles, sustaining market growth over the forecast period.

"Based on type, the conventional armored vehicles segment is estimated to have the largest market share in 2025."

Conventional armored vehicles are estimated to hold the largest market of the armored vehicles market because of their established utility, extensive use, and continuous upgrading. They make up the backbone of mechanized ground forces with their facilitating capabilities in firepower, mobility, and protection for offense and defense operations.

Even with the introduction of drones and hybrid platforms, traditional armored vehicles are still crucial in combined arms and high-intensity combat, where kinetic effectiveness and survivability are a top priority. The continuing investments of principal military forces in fleet refurbishment-through enhanced armor, active protection packages, digital fire control, and networked battle management-are prolonging the service and shelf life of these systems. European, Asian, and Middle Eastern countries are procuring or modernizing conventional systems to counter evolving threats, particularly against the backdrop of increasing geopolitical tensions and shifting defense needs. These programs include the US Army M1A2 SEP upgrades, the Polish procurement of the K2 tank, and NATO's emphasis on tracked mobility to further this trend.

"Based on platform, the combat vehicles segment is estimated to have the largest market share in 2025."

Combat vehicles are expected to lead the armored vehicles market since they are the frontline edge of combat, force projection, and battlefield superiority. Main battle tanks (MBTs), infantry fighting vehicles (IFVs), and armored assault and reconnaissance vehicles are all part of this segment and are essential to modern land warfare doctrine. They are the model force-projection vehicle balance of firepower, defense, and mobility, allowing forces to be offensive or defensive in traditional and hybrid war environments.

The renewed red-hot fighting, as with that ongoing in Ukraine, has revalidated the utility of armored combat vehicles in their role of attacking heavily defended positions, assisting infantry, and securing control of territory. Hence, countries are investing quickly in either refurbishing older combat fleets or procuring next-generation systems with active defense systems, networked command systems, and modular, packaged armor.

"The Asia Pacific region is estimated to capture a significant market share in 2025."

The Asia Pacific region is estimated to be a major armored vehicles market due to increased defense spending, regional competition, and enormous modernization initiatives. China, India, South Korea, Australia, and Japan are all leading countries actively building and improving their ground forces to respond to a wide range of conventional and unconventional threats. It includes strengthening perimeter defenses, developing rapid deployment capabilities, and gearing up for expected high-intensity combat environments.

The constant border conflicts in the South China Sea, increased border tensions along the India-China and Korean Peninsula borders, and strategic positioning by China's military expansion have encouraged many countries in the region to invest in MBTs, IFVs, and wheeled armored vehicles. Projects such as India's Future Infantry Combat Vehicle (FICV), Australia's LAND 400, and South Korea's K2 export programs are driving local production as well as global cooperation.

Furthermore, the Asia Pacific region is emerging as a manufacturing and export hub, with countries such as South Korea and India entering international markets through defense cooperation and technology transfer.

Breakdown of Primary Interviews

The breakdown of the profile of primary participants in the armored vehicles market is as follows:

• By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
• By Designation: C Level - 35%, Director Level - 25%, and Others - 40%
• By Region: North America - 25%, Europe - 15%, Asia Pacific - 45%, Middle East - 10%, and the Rest of the World (RoW) - 5%

Major companies profiled in the report include Rheinmetall AG (Germany), General Dynamics Corporation (US), Oshkosh Corporation (US), BAE Systems (UK), and Hanwha Defense (South Korea), among others.

Research Coverage:

This market study covers the armored vehicles market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on region. This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.

Reasons to Buy this Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Armored Vehicles market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.

The armored vehicles market experiences growth and evolution driven by various factors. Rising geopolitical tensions and terrorism are compelling countries to enhance defense capabilities, fueling demand for armored vehicles. Global military modernization programs aiming to replace aging fleets with advanced technology-equipped vehicles are further driving the market. The report provides insights into the following points:

• Market drivers (improving ISR and target acquisition capabilities of defense forces, increasing demand for armored vehicles to tackle cross-border conflicts, rising incidence of asymmetric warfare across the globe, and increased defense spending), restraints (occurrence of mechanical and electrical failure in armored vehicles and survivability issues), opportunities (rising technology integration and upgrades in military vehicles, rising adoption of lifecycle optimization strategies for sustainment, military modernization plans across the globe) challenges (hardware and software malfunctions and high costs of main battle tanks)
• Market Penetration: Comprehensive information on armored vehicles offered by the top players in the market
• Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product launches in the armored vehicles market
• Market Development: Comprehensive information about lucrative markets (the report analyzes the armored vehicles market across varied regions)
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the armored vehicles market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the armored vehicles market

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
  • 1.2.1 INCLUSIONS AND EXCLUSIONS
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED
  • 1.3.2 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 STAKEHOLDERS
• 1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Key data from primary sources
    • 2.1.2.2 Breakdown of primary interviews
• 2.2 FACTOR ANALYSIS
  • 2.2.1 INTRODUCTION
  • 2.2.2 DEMAND-SIDE INDICATORS
  • 2.2.3 SUPPLY-SIDE INDICATORS
• 2.3 MARKET SIZE ESTIMATION
  • 2.3.1 BOTTOM-UP APPROACH
    • 2.3.1.1 Market size estimation methodology (demand side)
  • 2.3.2 TOP-DOWN APPROACH
• 2.4 DATA TRIANGULATION
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS
• 2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARMORED VEHICLES MARKET
• 4.2 ARMORED VEHICLES MARKET, BY PLATFORM
• 4.3 ARMORED VEHICLES MARKET, BY MOBILITY
• 4.4 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
• 4.5 ARMORED VEHICLES MARKET, BY TYPE

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Rising military modernization programs
    • 5.2.1.2 Growing demand for armored vehicles to tackle cross-border conflicts
    • 5.2.1.3 Rising incidences of asymmetric warfare
    • 5.2.1.4 Increased global defense spending
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Susceptibility to mechanical and electrical failures
    • 5.2.2.2 Survivability risks for personnel onboard armored vehicles
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Rising technology integration and upgrades in military vehicles
    • 5.2.3.2 Adoption of lifecycle optimization strategies for sustainment
    • 5.2.3.3 Surge in demand for light armored vehicles in asymmetric warfare
    • 5.2.3.4 Increasing procurement of unmanned systems by defense forces
    • 5.2.3.5 Rise of next-gen amphibious and arctic-capable platforms
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Hardware and software malfunctions
    • 5.2.4.2 High costs of main battle tanks
• 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
• 5.4 ECOSYSTEM ANALYSIS
  • 5.4.1 PROMINENT COMPANIES
  • 5.4.2 PRIVATE AND SMALL ENTERPRISES
  • 5.4.3 END USERS
• 5.5 VOLUME DATA
• 5.6 PRICING ANALYSIS
• 5.7 VALUE CHAIN ANALYSIS
• 5.8 TECHNOLOGY ROADMAP
• 5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.9.2 BUYING CRITERIA
• 5.10 USE CASE ANALYSIS
  • 5.10.1 VEHICLE INTEGRATION FOR C4ISR/EW INTEROPERABILITY (VICTORY) INITIATIVE
  • 5.10.2 ELECTRIC FORCE FIELD FOR ARMORED VEHICLES
  • 5.10.3 SEE-THROUGH ARMOR
  • 5.10.4 OSHKOSH PROPULSION HYBRID DIESEL-ELECTRIC SYSTEM
  • 5.10.5 ADAPTIVE CAMOUFLAGE SYSTEM
• 5.11 KEY CONFERENCES AND EVENTS, 2024-2025
• 5.12 TRADE ANALYSIS
  • 5.12.1 EXPORT DATA
  • 5.12.2 IMPORT DATA
• 5.13 TECHNOLOGY ANALYSIS
  • 5.13.1 KEY TECHNOLOGY
    • 5.13.1.1 Design and implementation of solar-powered armored vehicles
    • 5.13.1.2 Development of multi-payload unmanned armored vehicles
  • 5.13.2 COMPLEMENTARY TECHNOLOGY
    • 5.13.2.1 Electro-optical and radar sensor payloads for unmanned armored vehicles
• 5.14 BILL OF MATERIALS
• 5.15 TOTAL COST OF OWNERSHIP
• 5.16 BUSINESS MODELS
• 5.17 REGULATORY LANDSCAPE
• 5.18 INVESTMENT AND FUNDING SCENARIO
• 5.19 IMPACT OF 2025 US TARIFFS - OVERVIEW
  • 5.19.1 INTRODUCTION
  • 5.19.2 KEY TARIFF RATES
  • 5.19.3 PRICE IMPACT ANALYSIS
  • 5.19.4 IMPACT ON COUNTRY/REGION
    • 5.19.4.1 US
    • 5.19.4.2 Europe
    • 5.19.4.3 Asia Pacific
    • 5.19.4.4 Impact on end users
• 5.20 IMPACT OF AI
  • 5.20.1 INTRODUCTION
  • 5.20.2 IMPACT OF AI ON DEFENSE INDUSTRY
  • 5.20.3 ADOPTION OF AI IN MILITARY BY TOP COUNTRIES
  • 5.20.4 IMPACT OF AI ON ARMORED VEHICLES MARKET
• 5.21 MACROECONOMIC OUTLOOK
  • 5.21.1 INTRODUCTION
  • 5.21.2 NORTH AMERICA
  • 5.21.3 EUROPE
  • 5.21.4 ASIA PACIFIC
  • 5.21.5 MIDDLE EAST
  • 5.21.6 REST OF THE WORLD

6 INDUSTRY TRENDS

• 6.1 INTRODUCTION
• 6.2 TECHNOLOGY TRENDS
  • 6.2.1 ACTIVE PROTECTION SYSTEM
    • 6.2.1.1 Soft-kill technology
    • 6.2.1.2 Electro-optical jammer
    • 6.2.1.3 Hard-kill technology
  • 6.2.2 REACTIVE ARMOR TECHNOLOGY
  • 6.2.3 PROGRAMMABLE AMMUNITION
  • 6.2.4 LINKLESS FEED SYSTEM
  • 6.2.5 AMMUNITION FEED CHUTE
  • 6.2.6 SENSOR FUSION TECHNOLOGY
• 6.3 IMPACT OF MEGATRENDS
  • 6.3.1 IMPROVED AMMUNITION CARRYING CAPABILITY
  • 6.3.2 INNOVATIONS IN MICRO-ELECTROMECHANICAL SYSTEM AND NANOTECHNOLOGY
  • 6.3.3 INTEROPERABLE COMMUNICATION SYSTEM
  • 6.3.4 ADVANCED AUTOLOADER
• 6.4 SUPPLY CHAIN ANALYSIS
• 6.5 PATENT ANALYSIS

7 ARMORED VEHICLES MARKET, BY PLATFORM

• 7.1 INTRODUCTION
• 7.2 COMBAT VEHICLES
  • 7.2.1 MAIN BATTLE TANKS
    • 7.2.1.1 Surge in upgrade and procurement programs to drive growth
    • 7.2.1.2 Use case: Leopard 2A7 in NATO Forward Presence Operations in Lithuania by Krauss-Maffei Wegmann
  • 7.2.2 INFANTRY FIGHTING VEHICLES
    • 7.2.2.1 Ongoing developments by prominent defense companies and governments to drive growth
    • 7.2.2.2 Use case: BMP-2 IFV Used by Indian Army in Eastern Ladakh Patrols by Ordnance Factory Board
  • 7.2.3 ARMORED PERSONNEL CARRIERS
    • 7.2.3.1 Significant investments in defense armored vehicles to drive growth
    • 7.2.3.2 Use case: Stryker APC in NATO Peacekeeping Missions in Eastern Europe by General Dynamics Land Systems
  • 7.2.4 ARMORED AMPHIBIOUS VEHICLES
    • 7.2.4.1 Innovations in propulsion technology and hull design to drive growth
    • 7.2.4.2 Use case: USMC AAV-7 deployment in Pacific Amphibious Assault Drills by BAE Systems
  • 7.2.5 MINE-RESISTANT AMBUSH-PROTECTED VEHICLES
    • 7.2.5.1 Need for protection against rocket-propelled grenades and small arms to drive growth
    • 7.2.5.2 Use case: Oshkosh M-ATV in US Special Forces Operations in Africa by Oshkosh Defense
  • 7.2.6 LIGHT ARMORED VEHICLES
    • 7.2.6.1 Need for rapid response in fluid combat situations to drive growth
    • 7.2.6.2 Use case: Canadian LAV III in UN Peacekeeping Operations in Mali by General Dynamics Land Systems - Canada
  • 7.2.7 SELF-PROPELLED HOWITZERS
    • 7.2.7.1 Advanced targeting technologies and powerful munitions to drive growth
    • 7.2.7.2 Use case: K9 Thunder self-propelled howitzer in South Korean artillery deterrence along DMZ by Hanwha Aerospace
  • 7.2.8 AIR DEFENSE VEHICLES
    • 7.2.8.1 Trend toward fully automated air defense systems to drive growth
    • 7.2.8.2 Use case: Pantsir-S1 Air Defense Vehicle in Syrian Theater by KBP Instrument Design Bureau
  • 7.2.9 ARMORED MORTAR CARRIERS
    • 7.2.9.1 Ability to provide increased firepower and mobility to drive growth
    • 7.2.9.2 Use case: M1129 Stryker Mortar Carrier in US mechanized infantry units by General Dynamics Land Systems
• 7.3 COMBAT SUPPORT VEHICLES
  • 7.3.1 ARMORED SUPPLY TRUCKS
    • 7.3.1.1 Focus on ensuring secure delivery of vital supplies to frontline units to drive growth
    • 7.3.1.2 Armored fuel trucks
    • 7.3.1.3 Armored ammunition replenishment vehicles
    • 7.3.1.4 Armored ambulances
  • 7.3.2 ARMORED COMMAND & CONTROL VEHICLES
    • 7.3.2.1 Seamless integration with existing military systems to drive growth
    • 7.3.2.2 Use case: Boxer Command Variant used by Ukrainian Forces for tactical control near Bakhmut by ARTEC
  • 7.3.3 REPAIR & RECOVERY VEHICLES
    • 7.3.3.1 Need for towing or repairing combat vehicles on battlefields to drive growth
    • 7.3.3.2 Use case: M88A2 Hercules Deployed by US Forces in Iraq for armored vehicle recovery by BAE Systems
  • 7.3.4 BRIDGE-LAYING TANKS
    • 7.3.4.1 Operational readiness to drive growth
    • 7.3.4.2 Use case: Russian MTU-90 Bridge-laying tank used in river crossings during Donbas offensive by Uralvagonzavod
  • 7.3.5 MINE CLEARANCE VEHICLES
    • 7.3.5.1 High demand for prevention of mine blasts and other battlefield hazards to drive growth
    • 7.3.5.2 Use case: French Aravis SOUVIM 2 used in Sahel region for IED & mine clearance during Operation Barkhane by Nexter Systems
• 7.4 UNMANNED ARMORED GROUND VEHICLES
  • 7.4.1 INCREASING DEMAND FOR AUTONOMIC DECISION-MAKING CAPABILITIES IN COMPLEX REMOTE OPERATIONS TO DRIVE GROWTH
    • 7.4.1.1 Use case: Milrem THeMIS used for unmanned CASEVAC, ISR patrols, and remote weapon firing support by Milrem Robotics

8 ARMORED VEHICLES MARKET, BY TYPE

• 8.1 INTRODUCTION
• 8.2 ELECTRIC ARMORED VEHICLES
  • 8.2.1 EMPHASIS ON REDUCING DEPENDENCE ON FOSSIL FUELS TO DRIVE GROWTH
• 8.3 CONVENTIONAL ARMORED VEHICLES
  • 8.3.1 HIGHER POWER OUTPUT AND PERFORMANCE TO DRIVE GROWTH

9 ARMORED VEHICLES MARKET, BY MOBILITY

• 9.1 INTRODUCTION
• 9.2 WHEELED
  • 9.2.1 NEED FOR IMPROVED MOBILITY DURING CRITICAL COMBAT OPERATIONS TO DRIVE GROWTH
  • 9.2.2 4X4
  • 9.2.3 6X6
  • 9.2.4 8X8
  • 9.2.5 10X10
  • 9.2.6 12X12
• 9.3 TRACKED
  • 9.3.1 ONGOING MILITARY MODERNIZATION EFFORTS TO DRIVE GROWTH

10 ARMORED VEHICLES MARKET, BY MODE OF OPERATION

• 10.1 INTRODUCTION
• 10.2 MANNED
  • 10.2.1 NEED FOR ROBUST LAND COMBAT PLATFORMS TO DRIVE GROWTH
• 10.3 UNMANNED
  • 10.3.1 DEVELOPMENT OF AUTONOMOUS TRUCKS FOR COMBAT SUPPORT TO DRIVE GROWTH

11 ARMORED VEHICLES MARKET, BY SYSTEM

• 11.1 INTRODUCTION
• 11.2 ENGINES
  • 11.2.1 USE CASE: MTU 883 DIESEL ENGINE POWERING LEOPARD 2A7+ MBTS FOR ENHANCED POWER-TO-WEIGHT IN URBAN WARFARE
  • 11.2.2 DIESEL ENGINES
  • 11.2.3 TURBINE ENGINES
• 11.3 DRIVE SYSTEMS
  • 11.3.1 USE CASE: HYBRID-ELECTRIC DRIVE IN RCV-LIGHT PROTOTYPE BY US ARMY FOR REDUCED THERMAL SIGNATURE AND SILENT MOBILITY
  • 11.3.2 POWER TRANSMISSION DRIVES
  • 11.3.3 SUSPENSION & BRAKING SYSTEMS
  • 11.3.4 TRACKS & WHEELS
• 11.4 BALLISTIC ARMORS
  • 11.4.1 USE CASE: COMPOSITE MODULAR ARMOR IN CV90 MKIV PROVIDING ADAPTIVE PROTECTION IN NATO OPERATIONS IN ESTONIA
  • 11.4.2 COMPOSITE ARMORS
  • 11.4.3 EXPLOSIVE REACTIVE ARMORS
  • 11.4.4 ELECTRIC ARMORS
  • 11.4.5 HOMOGENOUS ARMORS
  • 11.4.6 DEPLETED URANIUM ARMORS
  • 11.4.7 ADD-ON ARMORS
• 11.5 TURRET DRIVES
  • 11.5.1 USE CASE: ALL-ELECTRIC TURRET DRIVE BY CURTISS-WRIGHT ON BOXER RCT 30 BY CURTISS-WRIGHT
• 11.6 AMMUNITION HANDLING SYSTEMS
• 11.7 FIRE CONTROL SYSTEMS
  • 11.7.1 USE CASE: IRON VISION FCS ON MERKAVA MK4 BARAK FOR 360° SITUATIONAL AWARENESS IN CLOSED-HATCH MODE BY ELBIT SYSTEMS
• 11.8 ARMAMENTS
  • 11.8.1 USE CASE: 30MM XM813 CHAIN GUN ON STRYKER DRAGOON FOR RAPID ENGAGEMENT BY NORTHROP GRUMMAN
• 11.9 COUNTERMEASURE SYSTEMS
  • 11.9.1 USE CASE: TROPHY ACTIVE PROTECTION SYSTEM (APS) ON ISRAELI AND US ABRAMS TANKS TO INTERCEPT RPGS AND ATGMS IN GAZA BY RAFAEL ADVANCED DEFENSE SYSTEMS
• 11.10 COMMAND & CONTROL SYSTEMS
  • 11.10.1 USE CASE: TACTICAL COMMAND SOFTWARE BY THALES ON ITS SCORPION VEHICLES
• 11.11 POWER SYSTEMS
  • 11.11.1 USE CASE: AUXILIARY POWER UNITS (APUS) IN CHALLENGER 3 MBT ENABLING SILENT WATCH OPERATIONS AND ELECTRONIC SUB-SYSTEM SUPPORT
• 11.12 NAVIGATION SYSTEMS
  • 11.12.1 USE CASE: INERTIAL NAVIGATION SYSTEM WITH GPS-DENIED CAPABILITY IN RHEINMETALL'S LYNX KF41 FOR MANEUVERING IN JAMMING ENVIRONMENTS BY RHEINMETALL AG
• 11.13 OBSERVATION & DISPLAY SYSTEMS
  • 11.13.1 USE CASE: PANORAMIC DISPLAY AND SENSOR FUSION SUITE IN RHEINMETALL'S LYNX KF41 FOR ENHANCED CREW AWARENESS
• 11.14 HULLS/FRAMES
  • 11.14.1 USE CASE: MODULAR HULL DESIGN IN PATRIA AMV XP ALLOWING MISSION-SPECIFIC CONFIGURATIONS BY PATRIA GROUP

12 ARMORED VEHICLES MARKET, BY POINT OF SALE

• 12.1 INTRODUCTION
• 12.2 OEM
• 12.3 RETROFIT

13 ARMORED VEHICLES MARKET, BY REGION

• 13.1 INTRODUCTION
• 13.2 NORTH AMERICA
  • 13.2.1 PESTLE ANALYSIS
  • 13.2.2 DEFENSE PROGRAMS: NORTH AMERICA
  • 13.2.3 US
    • 13.2.3.1 Collaborations and joint ventures between key players to drive growth
  • 13.2.4 CANADA
    • 13.2.4.1 Military modernization programs to drive growth
• 13.3 EUROPE
  • 13.3.1 PESTLE ANALYSIS
  • 13.3.2 DEFENSE PROGRAMS: EUROPE
  • 13.3.3 UK
    • 13.3.3.1 Surge in armored vehicle upgrade programs to drive growth
  • 13.3.4 GERMANY
    • 13.3.4.1 Focus on modernizing domestic armored personnel carrier fleets to drive growth
  • 13.3.5 FRANCE
    • 13.3.5.1 Procurement of new-generation combat vehicles to drive growth
  • 13.3.6 POLAND
    • 13.3.6.1 Increase in domestic defense spending to drive growth
  • 13.3.7 REST OF EUROPE
• 13.4 ASIA PACIFIC
  • 13.4.1 PESTLE ANALYSIS
  • 13.4.2 DEFENSE PROGRAMS: ASIA PACIFIC
  • 13.4.3 INDIA
    • 13.4.3.1 Indigenous manufacturing and cross-border procurement to drive growth
  • 13.4.4 JAPAN
    • 13.4.4.1 Development of high-end military technologies to drive growth
  • 13.4.5 AUSTRALIA
    • 13.4.5.1 Rise in manufacturing of combat fleets to drive growth
  • 13.4.6 SOUTH KOREA
    • 13.4.6.1 Rising military exports drive market
  • 13.4.7 REST OF ASIA PACIFIC
• 13.5 MIDDLE EAST
  • 13.5.1 PESTLE ANALYSIS
  • 13.5.2 DEFENSE PROGRAMS: MIDDLE EAST
  • 13.5.3 GULF COOPERATION COUNCIL (GCC)
    • 13.5.3.1 Saudi Arabia
      • 13.5.3.1.1 Rising concerns over regional security to drive growth
    • 13.5.3.2 UAE
      • 13.5.3.2.1 Significant presence of prominent players to drive growth
  • 13.5.4 REST OF MIDDLE EAST
• 13.6 REST OF THE WORLD
  • 13.6.1 LATIN AMERICA
    • 13.6.1.1 Increasing acquisition of modern armored vehicles to drive growth
  • 13.6.2 AFRICA
    • 13.6.2.1 Rising demand for unmanned military ground vehicles to drive growth

14 COMPETITIVE LANDSCAPE

• 14.1 INTRODUCTION
• 14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024
• 14.3 MARKET RANKING ANALYSIS, 2024
• 14.4 MARKET SHARE ANALYSIS, 2024
• 14.5 REVENUE ANALYSIS, 2021-2024
• 14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 14.6.1 STARS
  • 14.6.2 EMERGING LEADERS
  • 14.6.3 PERVASIVE PLAYERS
  • 14.6.4 PARTICIPANTS
  • 14.6.5 COMPANY FOOTPRINT
    • 14.6.5.1 Company footprint
    • 14.6.5.2 Mobility footprint
    • 14.6.5.3 Platform footprint
    • 14.6.5.4 Region footprint
• 14.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
  • 14.7.1 PROGRESSIVE COMPANIES
  • 14.7.2 RESPONSIVE COMPANIES
  • 14.7.3 DYNAMIC COMPANIES
  • 14.7.4 STARTING BLOCKS
  • 14.7.5 COMPETITIVE BENCHMARKING
    • 14.7.5.1 Key start-ups/SMEs
    • 14.7.5.2 Competitive benchmarking of key start-ups/SMEs
• 14.8 COMPANY VALUATION AND FINANCIAL METRICS
• 14.9 BRAND/PRODUCT COMPARISON
• 14.10 COMPETITIVE SCENARIO
  • 14.10.1 MARKET EVALUATION FRAMEWORK
  • 14.10.2 PRODUCT LAUNCHES
  • 14.10.3 DEALS
  • 14.10.4 OTHERS

15 COMPANY PROFILES

• 15.1 KEY PLAYERS
  • 15.1.1 RHEINMETALL AG
    • 15.1.1.1 Business overview
    • 15.1.1.2 Products/Solutions/Services offered
    • 15.1.1.3 Recent developments
      • 15.1.1.3.1 Product launches
      • 15.1.1.3.2 Deals
      • 15.1.1.3.3 Others
    • 15.1.1.4 MnM view
      • 15.1.1.4.1 Right to win
      • 15.1.1.4.2 Strategic choices
      • 15.1.1.4.3 Weaknesses and competitive threats
  • 15.1.2 GENERAL DYNAMICS CORPORATION
    • 15.1.2.1 Business overview
    • 15.1.2.2 Products/Solutions/Services offered
    • 15.1.2.3 Recent developments
      • 15.1.2.3.1 Others
    • 15.1.2.4 MnM view
      • 15.1.2.4.1 Right to win
      • 15.1.2.4.2 Strategic choices
      • 15.1.2.4.3 Weaknesses and competitive threats
  • 15.1.3 OSHKOSH CORPORATION
    • 15.1.3.1 Business overview
    • 15.1.3.2 Products/Solutions/Services offered
    • 15.1.3.3 Recent developments
      • 15.1.3.3.1 Others
    • 15.1.3.4 MnM view
      • 15.1.3.4.1 Right to win
      • 15.1.3.4.2 Strategic choices
      • 15.1.3.4.3 Weaknesses and competitive threats
  • 15.1.4 BAE SYSTEMS
    • 15.1.4.1 Business overview
    • 15.1.4.2 Products/Solutions/Services offered
    • 15.1.4.3 Recent developments
      • 15.1.4.3.1 Others
    • 15.1.4.4 MnM view
      • 15.1.4.4.1 Right to win
      • 15.1.4.4.2 Strategic choices
      • 15.1.4.4.3 Weaknesses and competitive threats
  • 15.1.5 HANWHA GROUP
    • 15.1.5.1 Business overview
    • 15.1.5.2 Products/Solutions/Services offered
    • 15.1.5.3 Recent developments
      • 15.1.5.3.1 Others
    • 15.1.5.4 MnM view
      • 15.1.5.4.1 Right to win
      • 15.1.5.4.2 Strategic choices
      • 15.1.5.4.3 Weaknesses and competitive threats
  • 15.1.6 NORTHROP GRUMMAN
    • 15.1.6.1 Business overview
    • 15.1.6.2 Products/Solutions/Services offered
    • 15.1.6.3 Recent developments
      • 15.1.6.3.1 Others
  • 15.1.7 LOCKHEED MARTIN CORPORATION
    • 15.1.7.1 Business overview
    • 15.1.7.2 Products/Solutions/Services offered
    • 15.1.7.3 Recent developments
      • 15.1.7.3.1 Others
  • 15.1.8 THALES
    • 15.1.8.1 Business overview
    • 15.1.8.2 Products/Solutions/Services offered
    • 15.1.8.3 Recent developments
      • 15.1.8.3.1 Others
  • 15.1.9 L3HARRIS TECHNOLOGIES, INC.
    • 15.1.9.1 Business overview
    • 15.1.9.2 Products/Solutions/Services offered
    • 15.1.9.3 Recent developments
      • 15.1.9.3.1 Deals
      • 15.1.9.3.2 Others
  • 15.1.10 ST ENGINEERING
    • 15.1.10.1 Business overview
    • 15.1.10.2 Products/Solutions/Services offered
    • 15.1.10.3 Recent developments
      • 15.1.10.3.1 Product launches
      • 15.1.10.3.2 Deals
  • 15.1.11 ELBIT SYSTEMS LTD.
    • 15.1.11.1 Business overview
    • 15.1.11.2 Products/Solutions/Services offered
    • 15.1.11.3 Recent developments
      • 15.1.11.3.1 Others
  • 15.1.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
    • 15.1.12.1 Business overview
    • 15.1.12.2 Products/Solutions/Services offered
    • 15.1.12.3 Recent developments
      • 15.1.12.3.1 Others
  • 15.1.13 HYUNDAI ROTEM COMPANY
    • 15.1.13.1 Business overview
    • 15.1.13.2 Products/Solutions/Services offered
    • 15.1.13.3 Recent developments
      • 15.1.13.3.1 Product launches
      • 15.1.13.3.2 Others
  • 15.1.14 TEXTRON INC.
    • 15.1.14.1 Business overview
    • 15.1.14.2 Products/Solutions/Services offered
  • 15.1.15 OTOKAR OTOMOTIV VE SAVUNMA SANAYI
    • 15.1.15.1 Business overview
    • 15.1.15.2 Products/Solutions/Services offered
    • 15.1.15.3 Recent developments
      • 15.1.15.3.1 Others
  • 15.1.16 DENEL SOC LTD.
    • 15.1.16.1 Business overview
    • 15.1.16.2 Products/Solutions/Services offered
    • 15.1.16.3 Recent developments
      • 15.1.16.3.1 Deals
  • 15.1.17 KNDS
    • 15.1.17.1 Business overview
    • 15.1.17.2 Products/Solutions/Services offered
    • 15.1.17.3 Recent developments
      • 15.1.17.3.1 Deals
      • 15.1.17.3.2 Others
  • 15.1.18 FNSS
    • 15.1.18.1 Business overview
    • 15.1.18.2 Products/Solutions/Services offered
    • 15.1.18.3 Recent developments
      • 15.1.18.3.1 Product launches
      • 15.1.18.3.2 Others
  • 15.1.19 CHINA NORTH INDUSTRIES CORPORATION (NORINCO)
    • 15.1.19.1 Business overview
    • 15.1.19.2 Products/Solutions/Services offered
    • 15.1.19.3 Recent developments
      • 15.1.19.3.1 Product launches
  • 15.1.20 RTX
    • 15.1.20.1 Business overview
    • 15.1.20.2 Products/Solutions/Services offered
    • 15.1.20.3 Recent developments
      • 15.1.20.3.1 Others
  • 15.1.21 IVECO DEFENCE VEHICLES
    • 15.1.21.1 Business overview
    • 15.1.21.2 Products/Solutions/Services offered
    • 15.1.21.3 Recent developments
      • 15.1.21.3.1 Product launches
      • 15.1.21.3.2 Deals
      • 15.1.21.3.3 Others
  • 15.1.22 PARAMOUNT GROUP
    • 15.1.22.1 Business overview
    • 15.1.22.2 Products/Solutions/Services offered
    • 15.1.22.3 Recent developments
      • 15.1.22.3.1 Product launches
      • 15.1.22.3.2 Deals
      • 15.1.22.3.3 Others
• 15.2 OTHER PLAYERS
  • 15.2.1 ARQUUS
  • 15.2.2 TATRA TRUCKS A.S.
  • 15.2.3 KALYANI STRATEGIC SYSTEMS LTD.
  • 15.2.4 AM GENERAL
  • 15.2.5 MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC
  • 15.2.6 TATA ADVANCED SYSTEMS LIMITED
  • 15.2.7 INKAS ARMORED VEHICLE MANUFACTURING
  • 15.2.8 STREIT GROUP

16 APPENDIX

• 16.1 DISCUSSION GUIDE
• 16.2 ANNEXURE A: DEFENSE PROGRAM MAPPING
• 16.3 ANNEXURE B: COMPANY LISTED
• 16.4 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 16.5 CUSTOMIZATION OPTIONS
• 16.6 RELATED REPORTS
• 16.7 AUTHOR DETAILS