Armored Fighting Vehicle Market by Type (Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tank), Propulsion Type (Tracked AFVs, Wheeled AFVs), Application, End-User - Global Forecast 2024-2030
The Armored Fighting Vehicle Market size was estimated at USD 28.93 billion in 2023 and expected to reach USD 30.09 billion in 2024, at a CAGR 3.43% to reach USD 36.65 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Armored Fighting Vehicle Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Armored Fighting Vehicle Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Armored Fighting Vehicle Market, highlighting leading vendors and their innovative profiles. These include BAE Systems PLC, BMC Otomotiv Sanayi ve Ticarest AS, Denel SOC Ltd., Elbit Systems Ltd., FNSS Savunma Sistemleri A.Ş., General Dynamics Corporation, Hanwha Corporation, Hyundai Rotem Company, International Armored Group, Krauss-Maffei Wegmann, Military Industries Corporation, Mitsubishi Heavy Industries Ltd., Nexter Group, NORINCO Group, Oshkosh Corporation, Otokar Otomotiv ve Savunma Sanayi A.Ş., Patria Group, Rheinmetall AG, Rostec, Saudi Arabian Military Industries (SAMI), and Textron Inc..
Market Segmentation & Coverage
This research report categorizes the Armored Fighting Vehicle Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Armored Personnel Carrier
Tracked AFVs
Commercial
Armed Forces
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Armored Fighting Vehicle Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Armored Fighting Vehicle Market?
- What are the technology trends and regulatory frameworks in the Armored Fighting Vehicle Market?
- What is the market share of the leading vendors in the Armored Fighting Vehicle Market?
- Which modes and strategic moves are suitable for entering the Armored Fighting Vehicle Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Armored Fighting Vehicle Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising need for armed fighting vehicles to tackle cross-border conflicts
- 5.1.1.2. Increasing demand for infantry fighting vehicles
- 5.1.1.3. Growing incidences of asymmetric warfare globally
- 5.1.2. Restraints
- 5.1.2.1. Huge cost related to armed fighting vehicles
- 5.1.3. Opportunities
- 5.1.3.1. Development of new armored vehicle models by local armored vehicle manufacturers
- 5.1.3.2. Investment in the procurement of new-generation armed vehicle programs
- 5.1.4. Challenges
- 5.1.4.1. Occurrence of mechanical electrical failure in the armed fighting vehicle
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Armored Fighting Vehicle Market, by Type
- 6.1. Introduction
- 6.2. Armored Personnel Carrier
- 6.3. Infantry Fighting Vehicle
- 6.4. Main Battle Tank
- 6.5. Mine-Resistant Ambush Protected
- 6.6. Reconnaissance Vehicles
- 6.7. Seld-Propelled Howitzers
- 7. Armored Fighting Vehicle Market, by Propulsion Type
- 7.1. Introduction
- 7.2. Tracked AFVs
- 7.3. Wheeled AFVs
- 8. Armored Fighting Vehicle Market, by Application
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Defence
- 9. Armored Fighting Vehicle Market, by End-User
- 9.1. Introduction
- 9.2. Armed Forces
- 9.3. Homeland Security
- 9.4. Law Enforcement
- 10. Americas Armored Fighting Vehicle Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Armored Fighting Vehicle Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Armored Fighting Vehicle Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. BAE Systems PLC
- 14.1.2. BMC Otomotiv Sanayi ve Ticarest AS
- 14.1.3. Denel SOC Ltd.
- 14.1.4. Elbit Systems Ltd.
- 14.1.5. FNSS Savunma Sistemleri A.Ş.
- 14.1.6. General Dynamics Corporation
- 14.1.7. Hanwha Corporation
- 14.1.8. Hyundai Rotem Company
- 14.1.9. International Armored Group
- 14.1.10. Krauss-Maffei Wegmann
- 14.1.11. Military Industries Corporation
- 14.1.12. Mitsubishi Heavy Industries Ltd.
- 14.1.13. Nexter Group
- 14.1.14. NORINCO Group
- 14.1.15. Oshkosh Corporation
- 14.1.16. Otokar Otomotiv ve Savunma Sanayi A.Ş.
- 14.1.17. Patria Group
- 14.1.18. Rheinmetall AG
- 14.1.19. Rostec
- 14.1.20. Saudi Arabian Military Industries (SAMI)
- 14.1.21. Textron Inc.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. ARMORED FIGHTING VEHICLE MARKET RESEARCH PROCESS
- FIGURE 2. ARMORED FIGHTING VEHICLE MARKET SIZE, 2023 VS 2030
- FIGURE 3. ARMORED FIGHTING VEHICLE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ARMORED FIGHTING VEHICLE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ARMORED FIGHTING VEHICLE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ARMORED FIGHTING VEHICLE MARKET DYNAMICS
- FIGURE 7. ARMORED FIGHTING VEHICLE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. ARMORED FIGHTING VEHICLE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ARMORED FIGHTING VEHICLE MARKET SIZE, BY PROPULSION TYPE, 2023 VS 2030 (%)
- FIGURE 10. ARMORED FIGHTING VEHICLE MARKET SIZE, BY PROPULSION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ARMORED FIGHTING VEHICLE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. ARMORED FIGHTING VEHICLE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ARMORED FIGHTING VEHICLE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. ARMORED FIGHTING VEHICLE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES ARMORED FIGHTING VEHICLE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES ARMORED FIGHTING VEHICLE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ARMORED FIGHTING VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ARMORED FIGHTING VEHICLE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. ARMORED FIGHTING VEHICLE MARKET SHARE, BY KEY PLAYER, 2023
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