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Global Armored Vehicles Market Size study, By Application (Defense and Commercial), By Drive Type (Wheel and Track), By Vehicle Type (Armored personnel carrier, Infantry fighting vehicle, Main battle tanks, Tactical truck, Bus, Limousine, Sedan and Others), and Regional Forecasts 2020-2027


Global Armored Vehicles Market to reach USD 17.26 billion by 2027.

Global Armored Vehicles Market is valued approximately at USD 11.05 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2020-2027. Demand for armored vehicles on the global market has risen due to developments in the defense industry in several regions. The involvement of various major entities in the security sector of a country requires the availability of upgraded arms and equipment. Several modern and upgraded armored vehicles have been built mainly for defense  across the world. The need for better combat intelligence has also created a plethora of prospects in the global market for armored vehicles. This vehicle has an important role to play in maintaining the reputation of the defense industries. It is also fair to assume that armored vehicles are an integral component of the national defense industries. The region's national growth and prosperity is enshrined in the strengthening of its defense industry. For this cause, government have invested extensively in the enhancement of defense technology around their jurisdictions. There is a strong demand for armored vehicles in various countries, and this has led to the development of the global industry. Improved relations between defense manufacturing regions have also contributed to the development of global armored vehicles. Growing demand for armored vehicles due to an increase in cross-border conflicts and an increase in the occurrence of asymmetrical warfare worldwide are main factors driving the development of the market for armored vehicles. However, the absence of large OEMs for armored vehicles in the Middle East and Asia Pacific regions and the occurrence of electronic, electrical and other forms of failures in armored vehicles are expected to impede the growth of the industry. Governments in different countries are growing military spending and the national defense budget, which in turn has an impact on the development of the global demand for armored vehicles. For example, military spending in countries such as Algeria, Angola and Sudan decreased by about 6.1%, 18% and 49% respectively from 2017 to 2018. Moreover, Saudi Arabia and France reported a substantial decrease in military spending of 6.5 per cent and 1.4 per cent and a fall in their rating in terms of military spending. As a result, a reduction in national defense and military spending is likely to impede the development of the demand for armored vehicles.

The regional analysis of global Armored Vehicles Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The defence sector in North America has been at the forefront of global defence development. The state-of-the-art developments implemented in the US defence industry have led to the development of the armoured vehicle market in North America. The emphasis on situational awareness around the US has led to the development of the global armoured vehicle industry.
Major market player included in this report are:
BAE Systems
Elbit Systems Ltd.
General Dynamics Corporation 
INKAS Armored Vehicle Manufacturing
International Armored Group
Iveco
Krauss-Maffei Wegmann GmbH & Co.
Lenco Industries, Inc.
Lockheed Martin Corporation
Navistar, Inc.
Oshkosh Defense, LLC
STAT, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 
By Application:
DA(C)fense 
Commercial
By Drive Type: 
Wheel 
Track
By Vehicle Type: 
Armored personnel carrier
Infantry fighting vehicle 
Main battle tanks
Tactical truck
Bus
Limousine
Sedan 
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027

Target Audience of the Global Armored Vehicles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Armored Vehicles Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Armored Vehicles Market, by Application, 2018-2027 (USD Billion)
1.2.3.	Armored Vehicles Market, by Drive Type, 2018-2027 (USD Billion)
1.2.4.	Armored Vehicles Market, by Vehicle Type, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Armored Vehicles Market Definition & Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Armored Vehicles Market Dynamics	
3.1.	 Armored Vehicles Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Armored Vehicles Market: Industry Analysis
4.1.	Porter's 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Armored Vehicles Market, by Application 
5.1.	Market Snapshot 
5.2.	Global Armored Vehicles Market by Application, Performance - Potential Analysis
5.3.	Global Armored Vehicles Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
5.4.	 Armored Vehicles Market, Sub Segment Analysis
5.4.1.	DA(C)fense 
5.4.2.	Commercial
Chapter 6.	Global Armored Vehicles Market, by Drive Type 
6.1.	Market Snapshot 
6.2.	Global Armored Vehicles Market by Drive Type, Performance - Potential Analysis
6.3.	Global Armored Vehicles Market Estimates & Forecasts by Drive Type 2017-2027 (USD Billion)
6.4.	 Armored Vehicles Market, Sub Segment Analysis
6.4.1.	Wheel 
6.4.2.	Track
Chapter 7.	Global Armored Vehicles Market, by Vehicle Type 
7.1.	Market Snapshot 
7.2.	Global Armored Vehicles Market by Vehicle Type, Performance - Potential Analysis
7.3.	Global Armored Vehicles Market Estimates & Forecasts by Vehicle Type 2017-2027 (USD Billion)
7.4.	 Armored Vehicles Market, Sub Segment Analysis
7.4.1.	Armored personnel carrier
7.4.2.	Infantry fighting vehicle 
7.4.3.	Main battle tanks
7.4.4.	Tactical truck
7.4.5.	Bus
7.4.6.	Limousine
7.4.7.	Sedan 
7.4.8.	Others
Chapter 8.	Global Armored Vehicles Market, Regional Analysis
8.1.	 Armored Vehicles Market, Regional Market Snapshot 
8.2.	North America Armored Vehicles Market 
8.2.1.	U.S.  Armored Vehicles Market
8.2.1.1.	Application breakdown estimates & forecasts, 2017-2027
8.2.1.2.	Drive Type breakdown estimates & forecasts, 2017-2027
8.2.1.3.	Vehicle Type breakdown estimates & forecasts, 2017-2027
8.2.2.	Canada Armored Vehicles Market
8.3.	Europe Armored Vehicles Market Snapshot
8.3.1.	U.K.  Armored Vehicles Market 
8.3.2.	Germany Armored Vehicles Market
8.3.3.	France Armored Vehicles Market
8.3.4.	Spain Armored Vehicles Market
8.3.5.	Italy Armored Vehicles Market
8.3.6.	Rest of Europe Armored Vehicles Market
8.4.	Asia-Pacific Armored Vehicles Market Snapshot
8.4.1.	China Armored Vehicles Market 
8.4.2.	India Armored Vehicles Market 
8.4.3.	Japan Armored Vehicles Market
8.4.4.	Australia Armored Vehicles Market
8.4.5.	South Korea Armored Vehicles Market
8.4.6.	Rest of Asia Pacific Armored Vehicles Market
8.5.	Latin America Armored Vehicles Market Snapshot
8.5.1.	Brazil Armored Vehicles Market
8.5.2.	Mexico Armored Vehicles Market
8.6.	Rest of The World Armored Vehicles Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	BAE Systems
9.2.1.1.	Key Information
9.2.1.2.	Overview
9.2.1.3.	Financial (Subject to Data Availability)
9.2.1.4.	Industry Summary
9.2.1.5.	Recent Developments
9.2.2.	Elbit Systems Ltd.
9.2.3.	General Dynamics Corporation 
9.2.4.	INKAS Armored Vehicle Manufacturing
9.2.5.	International Armored Group
9.2.6.	Iveco
9.2.7.	Krauss-Maffei Wegmann GmbH & Co.
9.2.8.	Lenco Industries, Inc.
9.2.9.	Lockheed Martin Corporation
9.2.10.	Navistar, Inc.
9.2.11.	Oshkosh Defense, LLC
9.2.12.	STAT, Inc.
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

TABLE 1. GLOBAL ARMORED VEHICLES MARKET, REPORT SCOPE TABLE 2. GLOBAL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY REGION 2017-2027 (USD BILLION) TABLE 3. GLOBAL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY APPLICATION 2017-2027 (USD BILLION) TABLE 4. GLOBAL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY DRIVE TYPE 2017-2027 (USD BILLION) TABLE 5. GLOBAL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY VEHICLE TYPE 2017-2027 (USD BILLION) TABLE 6. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 7. GLOBAL ARMORED VEHICLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 8. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 9. GLOBAL ARMORED VEHICLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 10. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 11. GLOBAL ARMORED VEHICLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 12. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 13. GLOBAL ARMORED VEHICLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 14. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 15. GLOBAL ARMORED VEHICLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 16. U.S. ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 17. U.S. ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 18. U.S. ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 19. CANADA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 20. CANADA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 21. CANADA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 22. UK ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 23. UK ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 24. UK ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 25. GERMANY ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 26. GERMANY ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 27. GERMANY ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 28. ROE ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 29. ROE ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 30. ROE ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 31. CHINA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 32. CHINA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 33. CHINA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 34. INDIA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 35. INDIA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 36. INDIA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 37. JAPAN ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 38. JAPAN ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 39. JAPAN ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 40. ROAPAC ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 41. ROAPAC ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 42. ROAPAC ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 43. BRAZIL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 44. BRAZIL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 45. BRAZIL ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 46. MEXICO ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 47. MEXICO ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 48. MEXICO ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 49. ROLA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 50. ROLA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 51. ROLA ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 52. ROW ARMORED VEHICLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION) TABLE 53. ROW ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 54. ROW ARMORED VEHICLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION) TABLE 55. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL ARMORED VEHICLES MARKET TABLE 56. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL ARMORED VEHICLES MARKET TABLE 57. YEARS CONSIDERED FOR THE STUDY TABLE 58. EXCHANGE RATES CONSIDEREDFIG 1. GLOBAL ARMORED VEHICLES MARKET, RESEARCH METHODOLOGY FIG 2. GLOBAL ARMORED VEHICLES MARKET, MARKET ESTIMATION TECHNIQUES FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS FIG 4. GLOBAL ARMORED VEHICLES MARKET, KEY TRENDS 2019 FIG 5. GLOBAL ARMORED VEHICLES MARKET, GROWTH PROSPECTS 2020-2027 FIG 6. GLOBAL ARMORED VEHICLES MARKET, PORTERS 5 FORCE MODEL FIG 7. GLOBAL ARMORED VEHICLES MARKET, PEST ANALYSIS FIG 8. GLOBAL ARMORED VEHICLES MARKET, VALUE CHAIN ANALYSIS FIG 9. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, 2017 & 2027 (USD BILLION) FIG 10. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, 2017 & 2027 (USD BILLION) FIG 11. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, 2017 & 2027 (USD BILLION) FIG 12. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, 2017 & 2027 (USD BILLION) FIG 13. GLOBAL ARMORED VEHICLES MARKET BY SEGMENT, 2017 & 2027 (USD BILLION) FIG 14. GLOBAL ARMORED VEHICLES MARKET, REGIONAL SNAPSHOT 2017 & 2027 FIG 15. NORTH AMERICA ARMORED VEHICLES MARKET 2017 & 2027 (USD BILLION) FIG 16. EUROPE ARMORED VEHICLES MARKET 2017 & 2027 (USD BILLION) FIG 17. ASIA PACIFIC ARMORED VEHICLES MARKET 2017 & 2027 (USD BILLION) FIG 18. LATIN AMERICA ARMORED VEHICLES MARKET 2017 & 2027 (USD BILLION) FIG 19. GLOBAL ARMORED VEHICLES MARKET, COMPANY MARKET SHARE ANALYSIS (2019)

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