세계의 장갑차 업그레이드 및 레트로피트 시장 보고서(2025년)

The practice of upgrading and retrofitting armored vehicles is a common approach to improve their performance, capabilities, and overall lifespan. These upgrades can vary from simple enhancements to more extensive modifications, depending on specific requirements and objectives.

Armored vehicle upgrades and retrofits encompass various designs, with wheeled and tracked armored vehicles being the main types. Wheeled armored vehicles rely on wheels for mobility and may be equipped with tires or tracks. These vehicles can undergo upgrades and retrofits to improve performance, protection, and capabilities. They find application in diverse vehicle types, including tactical trucks, main battle tanks (MBT), assault amphibious vehicles (AAV), armored personnel carriers (APC), armored recovery vehicles, armored fighting vehicles, among others. The armor levels involved range from rifle-resistant to mine-resistant. These upgrades and retrofits are available through different distribution channels, including original equipment manufacturers (OEM) and retrofit providers.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp increase in U.S. tariffs and resulting trade disputes in spring 2025 are significantly affecting the aerospace and defense sector. Prices for key materials such as titanium, carbon fiber composites, and avionics primarily sourced from international suppliers have surged. Defense contractors, constrained by fixed-price government contracts, are forced to absorb these rising costs. Meanwhile, commercial aerospace companies are encountering resistance from airlines over increased aircraft prices. In addition, customs delays are disrupting already tight production timelines for jets and satellites. In response, the industry is stockpiling essential materials, pursuing import waivers for defense-related goods, and working with allied nations to diversify supply chains.

The armored vehicle upgrade and retrofit market research report is one of a series of new reports from The Business Research Company that provides armored vehicle upgrade and retrofit market statistics, including armored vehicle upgrade and retrofit industry global market size, regional shares, competitors with a armored vehicle upgrade and retrofit market share, detailed armored vehicle upgrade and retrofit market segments, market trends and opportunities, and any further data you may need to thrive in the armored vehicle upgrade and retrofit industry. This armored vehicle upgrade and retrofit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The armored vehicle upgrade and retrofit market size has grown steadily in recent years. It will grow from $6.22 billion in 2024 to $6.46 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to cold war era arms race, evolving threats and tactics, emphasis on logistics and maintenance, budget allocations for defense spending, evolving threat landscape.

The armored vehicle upgrade and retrofit market size is expected to see steady growth in the next few years. It will grow to $7.67 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to increasing focus on hybrid and electric propulsion, adoption of unmanned ground vehicles (UGVs), growing demand for modular and scalable upgrades, emphasis on lightweight and survivable designs, global geopolitical tensions. Major trends in the forecast period include integration of artificial intelligence in vehicle systems, enhanced survivability through active protection systems, shift towards digitalization and connectivity, increased use of additive manufacturing in upgrades, sustainable and eco-friendly armored vehicle solutions.

The forecast of 4.4% growth over the next five years indicates a slight reduction of 0.1% from the previous projection for this market.This marginal decrease is influenced by ongoing tariff-related uncertainties between the U.S. and its trade partners.This is likely to directly affect the US through supply chain disruptions for modular armor kits, sourced from key regions such as Germany and Sweden, which could lead to delays in legacy vehicle modernization.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The increasing prevalence of terrorism and hostile activities is anticipated to drive the growth of the armored vehicle upgrade and retrofit market in the future. Terrorism and hostile activities are defined as acts of violence, aggression, or threats carried out by individuals or groups to instill fear, cause harm, or disrupt normalcy. Armored vehicles play a crucial role in counter-terrorism and hostile activities by providing security forces and military units with protection, mobility, and firepower. They are deployed in various situations to reduce the risks associated with terrorist attacks and hostile actions. For example, in February 2024, the GLOBAL TERRORISM INDEX 2024 report published by the Institute for Economics & Peace, an Australia-based non-profit think tank, indicated that terrorism-related deaths rose to 8,352 in 2023, significantly impacted by the October 7th attack by Hamas-led militants in Israel, which resulted in 1,200 fatalities. Israel's subsequent military response reportedly led to approximately 25,000 Palestinian casualties by February 2024. Therefore, the rise in terrorism and hostile activities is expected to propel the future growth of the armored vehicle upgrade and retrofit market.

The increasing budget allocation for military and law enforcement sectors is also expected to drive the growth of the armored vehicle upgrade and retrofit market moving forward. Budget allocation for these sectors involves assigning financial resources to support the operations and needs of armed forces and law enforcement agencies within a government. This allocation is vital in shaping the armored vehicle upgrade and retrofit market, ensuring that vehicles remain effective, secure, and aligned with evolving security requirements. For instance, in April 2024, the UK Defence in Numbers 2023 report published by the Ministry of Defence, a UK-based government body, revealed that £2.3 billion was allocated for military support in both 2022 and 2023, with an increase to £2.5 billion planned for the following year. Additionally, defense spending rose from £52.8 billion in 2022/23 to £54.2 billion in 2023/24. Thus, the growing budget allocation for military and law enforcement sectors is driving the growth of the armored vehicle upgrade and retrofit market.

The armored vehicle upgrade and retrofit market are witnessing a surge in technological advancements as a prominent trend. Major entities operating within this market segment are prioritizing the integration of cutting-edge technology to maintain their competitive standing. In June 2022, Texelis SAS, a French manufacturing company, unveiled an innovative solution for the electrification of wheeled armored vehicles tailored for military applications seeking environmentally sustainable battlefield options. This pioneering solution incorporates established electric vehicle components, providing a swifter pathway to vehicle electrification compared to comprehensive whole-vehicle electric design programs. It facilitates implementation on existing wheeled military vehicles, preserving advanced mobility capabilities while leveraging technologies to furnish electric power for soldier system charging and enabling periods of silent, full-electric operation.

Prominent companies engaged in the armored vehicle upgrades and retrofit market are dedicatedly focusing on the development of innovative products aimed at enhancing market profitability. Specifically, the focus lies in crafting protection vehicles, specialized vehicles meticulously designed and equipped for defense, security, or law enforcement purposes. In August 2023, Bayerische Motoren Werke AG (BMW), a German luxury vehicle manufacturer, launched the groundbreaking BMW i7 Protection-an unprecedented electric sedan fortified with a self-sustaining frame constructed from reinforced armored steel. This vehicle includes additional armoring for the undercarriage and roof, accompanied by fortified armored glass. The BMW i7 Protection, propelled by two robust electric motors, represents a significant milestone as the world's first electric protection sedan. It offers uncompromising VR9-class protection, establishing new benchmarks in the realm of electric security vehicles.

In April 2023, INKAS Armored Vehicle Manufacturing, a Canadian-based manufacturing company, entered into a partnership with Force Development Services (FDS) to integrate a high-grip surface into their vehicle platform. The platform is constructed with a glass fiber-reinforced plastic (GFRP) cover. Through this collaboration, FDS's vehicle-borne intervention systems, which have demonstrated operational effectiveness for over two decades, will enhance the ability of tactical teams to efficiently and discreetly access aircraft, buses, trains, buildings, or ships in port. Force Development Services (FDS) is a UK-based engineering equipment manufacturing company specializing in customized tactical systems, entry tools, body shields, and military tactical gear.

Major companies operating in the armored vehicle upgrade and retrofit market include Hyundai Motor Group, SAIC Motor Corporation Limited., Hanwha Group, Tata Motors Limited, General Dynamics Corporation, Northrop Grumman Corporation, Mitsubishi Heavy Industries Ltd., Rostec State Corporation, BAE Systems PLC, Lockheed Martin Corporation, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., Iveco S.p.A, Textron Inc., Navistar Inc., ST Engineering, Oshkosh Corporation, Rheinmetall AG, Elbit Systems Ltd., Nexter Systems, Krauss-Maffei Wegmann GmbH and Co. KG, Ukroboronprom, RUAG Holding, AM General LLC, Patria Plc., CMI Group Inc., FNSS Savunma Sistemleri AS., Denel Land Systems, MKU Limited

North America was the largest region in the armored vehicle upgrade and retrofit market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the armored vehicle upgrade and retrofit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the armored vehicle upgrade and retrofit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The armored vehicle upgrade and retrofit market includes revenues earned by entities by central tire inflation systems (CTIS), remotely operated weapon stations (ROWS), and integration of explosive reactive armor (ERA) modules. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Armored Vehicle Upgrade And Retrofit Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on armored vehicle upgrade and retrofit market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for armored vehicle upgrade and retrofit? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The armored vehicle upgrade and retrofit market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Design: Wheeled Armored Vehicles; Tracked Armored Vehicles
• 2) By Vehicle Type: Tactical Truck; Main Battle Tanks (MBT); Assault Amphibious Vehicles (AAV); Armored Personnel Carrier (APC); Armored Recovery Vehicle; Armored Fighting Vehicle; Other Vehicle Types
• 3) By Armor Level Type: Rifle; Mine Resistant
• 4) By Point Of Sale: Original Equipment Manufacturer (OEM); Retrofit
• Subsegments:
• 1) By Wheeled Armored Vehicles: Light Tactical Vehicles; Medium Tactical Vehicles; Heavy Tactical Vehicles; Mine-Resistant Ambush Protected (MRAP) Vehicles
• 2) By Tracked Armored Vehicles: Main Battle Tanks (MBTs); Armored Personnel Carriers (APCs); Infantry Fighting Vehicles (IFVs); Self-Propelled Artillery
• Companies Mentioned: Hyundai Motor Group; SAIC Motor Corporation Limited.; Hanwha Group; Tata Motors Limited; General Dynamics Corporation; Northrop Grumman Corporation; Mitsubishi Heavy Industries Ltd.; Rostec State Corporation; BAE Systems PLC; Lockheed Martin Corporation; Thales Group; L3Harris Technologies Inc.; Leonardo S.p.A.; Iveco S.p.A; Textron Inc.; Navistar Inc.; ST Engineering; Oshkosh Corporation; Rheinmetall AG; Elbit Systems Ltd.; Nexter Systems; Krauss-Maffei Wegmann GmbH and Co. KG; Ukroboronprom; RUAG Holding; AM General LLC; Patria Plc.; CMI Group Inc.; FNSS Savunma Sistemleri AS.; Denel Land Systems; MKU Limited
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.

Table of Contents

1. Executive Summary

2. Armored Vehicle Upgrade And Retrofit Market Characteristics

3. Armored Vehicle Upgrade And Retrofit Market Trends And Strategies

4. Armored Vehicle Upgrade And Retrofit Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

• 4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Armored Vehicle Upgrade And Retrofit Growth Analysis And Strategic Analysis Framework

• 5.1. Global Armored Vehicle Upgrade And Retrofit PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
• 5.2. Analysis Of End Use Industries
• 5.3. Global Armored Vehicle Upgrade And Retrofit Market Growth Rate Analysis
• 5.4. Global Armored Vehicle Upgrade And Retrofit Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
• 5.5. Global Armored Vehicle Upgrade And Retrofit Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
• 5.6. Global Armored Vehicle Upgrade And Retrofit Total Addressable Market (TAM)

6. Armored Vehicle Upgrade And Retrofit Market Segmentation

• 6.1. Global Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Wheeled Armored Vehicles
• Tracked Armored Vehicles
• 6.2. Global Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Tactical Truck
• Main Battle Tanks (MBT)
• Assault Amphibious Vehicles (AAV)
• Armored Personnel Carrier (APC)
• Armored Recovery Vehicle
• Armored Fighting Vehicle
• Other Vehicle Types
• 6.3. Global Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Rifle
• Mine Resistant
• 6.4. Global Armored Vehicle Upgrade And Retrofit Market, Segmentation By Point Of Sale, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Original Equipment Manufacturer (OEM)
• Retrofit
• 6.5. Global Armored Vehicle Upgrade And Retrofit Market, Sub-Segmentation Of Wheeled Armored Vehicles, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Light Tactical Vehicles
• Medium Tactical Vehicles
• Heavy Tactical Vehicles
• Mine-Resistant Ambush Protected (MRAP) Vehicles
• 6.6. Global Armored Vehicle Upgrade And Retrofit Market, Sub-Segmentation Of Tracked Armored Vehicles, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Main Battle Tanks (MBTs)
• Armored Personnel Carriers (APCs)
• Infantry Fighting Vehicles (IFVs)
• Self-Propelled Artillery

7. Armored Vehicle Upgrade And Retrofit Market Regional And Country Analysis

• 7.1. Global Armored Vehicle Upgrade And Retrofit Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 7.2. Global Armored Vehicle Upgrade And Retrofit Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Armored Vehicle Upgrade And Retrofit Market

• 8.1. Asia-Pacific Armored Vehicle Upgrade And Retrofit Market Overview
• Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
• 8.2. Asia-Pacific Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.3. Asia-Pacific Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.4. Asia-Pacific Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Armored Vehicle Upgrade And Retrofit Market

• 9.1. China Armored Vehicle Upgrade And Retrofit Market Overview
• 9.2. China Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.3. China Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.4. China Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Armored Vehicle Upgrade And Retrofit Market

• 10.1. India Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.2. India Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.3. India Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Armored Vehicle Upgrade And Retrofit Market

• 11.1. Japan Armored Vehicle Upgrade And Retrofit Market Overview
• 11.2. Japan Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.3. Japan Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.4. Japan Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Armored Vehicle Upgrade And Retrofit Market

• 12.1. Australia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.2. Australia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.3. Australia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Armored Vehicle Upgrade And Retrofit Market

• 13.1. Indonesia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.2. Indonesia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.3. Indonesia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Armored Vehicle Upgrade And Retrofit Market

• 14.1. South Korea Armored Vehicle Upgrade And Retrofit Market Overview
• 14.2. South Korea Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.3. South Korea Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.4. South Korea Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Armored Vehicle Upgrade And Retrofit Market

• 15.1. Western Europe Armored Vehicle Upgrade And Retrofit Market Overview
• 15.2. Western Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.3. Western Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.4. Western Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Armored Vehicle Upgrade And Retrofit Market

• 16.1. UK Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.2. UK Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.3. UK Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Armored Vehicle Upgrade And Retrofit Market

• 17.1. Germany Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.2. Germany Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.3. Germany Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Armored Vehicle Upgrade And Retrofit Market

• 18.1. France Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.2. France Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.3. France Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Armored Vehicle Upgrade And Retrofit Market

• 19.1. Italy Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.2. Italy Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.3. Italy Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Armored Vehicle Upgrade And Retrofit Market

• 20.1. Spain Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.2. Spain Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.3. Spain Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Armored Vehicle Upgrade And Retrofit Market

• 21.1. Eastern Europe Armored Vehicle Upgrade And Retrofit Market Overview
• 21.2. Eastern Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.3. Eastern Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.4. Eastern Europe Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Armored Vehicle Upgrade And Retrofit Market

• 22.1. Russia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.2. Russia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.3. Russia Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Armored Vehicle Upgrade And Retrofit Market

• 23.1. North America Armored Vehicle Upgrade And Retrofit Market Overview
• 23.2. North America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.3. North America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.4. North America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Armored Vehicle Upgrade And Retrofit Market

• 24.1. USA Armored Vehicle Upgrade And Retrofit Market Overview
• 24.2. USA Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.3. USA Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.4. USA Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Armored Vehicle Upgrade And Retrofit Market

• 25.1. Canada Armored Vehicle Upgrade And Retrofit Market Overview
• 25.2. Canada Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.3. Canada Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.4. Canada Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Armored Vehicle Upgrade And Retrofit Market

• 26.1. South America Armored Vehicle Upgrade And Retrofit Market Overview
• 26.2. South America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.3. South America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.4. South America Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Armored Vehicle Upgrade And Retrofit Market

• 27.1. Brazil Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.2. Brazil Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.3. Brazil Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Armored Vehicle Upgrade And Retrofit Market

• 28.1. Middle East Armored Vehicle Upgrade And Retrofit Market Overview
• 28.2. Middle East Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.3. Middle East Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.4. Middle East Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Armored Vehicle Upgrade And Retrofit Market

• 29.1. Africa Armored Vehicle Upgrade And Retrofit Market Overview
• 29.2. Africa Armored Vehicle Upgrade And Retrofit Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.3. Africa Armored Vehicle Upgrade And Retrofit Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.4. Africa Armored Vehicle Upgrade And Retrofit Market, Segmentation By Armor Level Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Armored Vehicle Upgrade And Retrofit Market Competitive Landscape And Company Profiles

• 30.1. Armored Vehicle Upgrade And Retrofit Market Competitive Landscape
• 30.2. Armored Vehicle Upgrade And Retrofit Market Company Profiles
  • 30.2.1. Hyundai Motor Group Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.2. SAIC Motor Corporation Limited. Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.3. Hanwha Group Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.4. Tata Motors Limited Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.5. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Armored Vehicle Upgrade And Retrofit Market Other Major And Innovative Companies

• 31.1. Northrop Grumman Corporation
• 31.2. Mitsubishi Heavy Industries Ltd.
• 31.3. Rostec State Corporation
• 31.4. BAE Systems PLC
• 31.5. Lockheed Martin Corporation
• 31.6. Thales Group
• 31.7. L3Harris Technologies Inc.
• 31.8. Leonardo S.p.A.
• 31.9. Iveco S.p.A
• 31.10. Textron Inc.
• 31.11. Navistar Inc.
• 31.12. ST Engineering
• 31.13. Oshkosh Corporation
• 31.14. Rheinmetall AG
• 31.15. Elbit Systems Ltd.

32. Global Armored Vehicle Upgrade And Retrofit Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Armored Vehicle Upgrade And Retrofit Market

34. Recent Developments In The Armored Vehicle Upgrade And Retrofit Market

35. Armored Vehicle Upgrade And Retrofit Market High Potential Countries, Segments and Strategies

• 35.1 Armored Vehicle Upgrade And Retrofit Market In 2029 - Countries Offering Most New Opportunities
• 35.2 Armored Vehicle Upgrade And Retrofit Market In 2029 - Segments Offering Most New Opportunities
• 35.3 Armored Vehicle Upgrade And Retrofit Market In 2029 - Growth Strategies
  • 35.3.1 Market Trend Based Strategies
  • 35.3.2 Competitor Strategies

36. Appendix

• 36.1. Abbreviations
• 36.2. Currencies
• 36.3. Historic And Forecast Inflation Rates
• 36.4. Research Inquiries
• 36.5. The Business Research Company
• 36.6. Copyright And Disclaimer
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