Global Armoured Vehicles Competitive Landscape Professional Research Report 2025

Global Armoured Vehicles Competitive Landscape Professional Research Report 2025



Research Summary

Armored vehicles, also known as armored cars or armored vehicles, are vehicles designed to provide protection against attacks from firearms, explosives and other weapons. They are primarily used by military forces, law enforcement agencies, security firms, and private corporations to transport money, valuables, and personnel in high-risk environments. Armored vehicles are constructed with specialized materials to increase their resistance to bullets, bombs, and other hazards. They may also have additional features such as bulletproof glass, reinforced doors, electronic countermeasures, and defensive weaponry.

According to DIResearch's in-depth investigation and research, the global Armoured Vehicles market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Armoured Vehicles include General Dynamics, BAE Systems, Oshkosh, Rheinmetall, China North Industrial, Nexter Systems, Hyundai Rotem, FNSS, Uralvagonzavod, STREIT Group, Thales Group, Textron, Iveco Defence Vehicles, ST Engineering, BMC, Otokar, NIMR Automotive, Mahindra etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Armoured Vehicles. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Armoured Vehicles market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Armoured Vehicles market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Armoured Vehicles industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Armoured Vehicles Include:

General Dynamics

BAE Systems

Oshkosh

Rheinmetall

China North Industrial

Nexter Systems

Hyundai Rotem

FNSS

Uralvagonzavod

STREIT Group

Thales Group

Textron

Iveco Defence Vehicles

ST Engineering

BMC

Otokar

NIMR Automotive

Mahindra

Armoured Vehicles Product Segment Include:

Wheeled Armoured Vehicle

Tracked Armoured Vehicles

Armoured Vehicles Product Application Include:

Military

Non-military

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Armoured Vehicles Industry PESTEL Analysis

Chapter 3: Global Armoured Vehicles Industry Porter’s Five Forces Analysis

Chapter 4: Global Armoured Vehicles Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Armoured Vehicles Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Armoured Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Armoured Vehicles Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Armoured Vehicles Market Overview
1.1 Product Definition and Statistical Scope
1.2 Armoured Vehicles Product by Type
1.2.1 Wheeled Armoured Vehicle
1.2.2 Tracked Armoured Vehicles
1.3 Armoured Vehicles Product by Application
1.3.1 Military
1.3.2 Non-military
1.4 Global Armoured Vehicles Market Revenue and Sales Analysis
1.4.1 Global Armoured Vehicles Revenue Market Size Analysis (2020-2032)
1.4.2 Global Armoured Vehicles Sales Market Size Analysis (2020-2032)
1.4.3 Global Armoured Vehicles Market Sales Price Trend Analysis (2020-2032)
1.5 Armoured Vehicles Industry Trends and Innovation
1.5.1 Armoured Vehicles Industry Trends and Innovation
1.5.2 Armoured Vehicles Market Drivers and Challenges
2 Armoured Vehicles Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Armoured Vehicles Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Armoured Vehicles Market Analysis by Regions
4.1 Armoured Vehicles Overall Market: 2024 VS 2025 VS 2032
4.2 Global Armoured Vehicles Revenue and Forecast Analysis (2020-2032)
4.2.1 Global Armoured Vehicles Revenue and Market Share by Region (2020-2025)
4.2.2 Global Armoured Vehicles Revenue and Market Share Forecast by Region (2026-2032)
4.3 Global Armoured Vehicles Sales and Forecast Analysis (2020-2032)
4.3.1 Global Armoured Vehicles Sales and Market Share by Region (2020-2025)
4.3.2 Global Armoured Vehicles Sales and Market Share Forecast by Region (2026-2032)
4.4 Global Armoured Vehicles Sales Price Trend Analysis (2020-2032)
5 Global Armoured Vehicles Market Size by Type and Application
5.1 Global Armoured Vehicles Market Size by Type
5.1.1 Global Armoured Vehicles Revenue and Forecast Analysis by Type (2020-2032)
5.1.2 Global Armoured Vehicles Sales and Forecast Analysis by Type (2020-2032)
5.2 Global Armoured Vehicles Market Size by Application
5.2.1 Global Armoured Vehicles Revenue and Forecast Analysis by Application (2020-2032)
5.2.2 Global Armoured Vehicles Sales and Forecast Analysis by Application (2020-2032)
6 North America
6.1 North America Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
6.2 North America Key Manufacturers Analysis
6.3 North America Armoured Vehicles Market Size by Type
6.3.1 North America Armoured Vehicles Sales by Type (2020-2032)
6.3.2 North America Armoured Vehicles Revenue by Type (2020-2032)
6.4 North America Armoured Vehicles Market Size by Application
6.4.1 North America Armoured Vehicles Sales by Application (2020-2032)
6.4.2 North America Armoured Vehicles Revenue by Application (2020-2032)
6.5 North America Armoured Vehicles Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Armoured Vehicles Market Size by Type
7.3.1 Europe Armoured Vehicles Sales by Type (2020-2032)
7.3.2 Europe Armoured Vehicles Revenue by Type (2020-2032)
7.4 Europe Armoured Vehicles Market Size by Application
7.4.1 Europe Armoured Vehicles Sales by Application (2020-2032)
7.4.2 Europe Armoured Vehicles Revenue by Application (2020-2032)
7.5 Europe Armoured Vehicles Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
8.2 China Key Manufacturers Analysis
8.3 China Armoured Vehicles Market Size by Type
8.3.1 China Armoured Vehicles Sales by Type (2020-2032)
8.3.2 China Armoured Vehicles Revenue by Type (2020-2032)
8.4 China Armoured Vehicles Market Size by Application
8.4.1 China Armoured Vehicles Sales by Application (2020-2032)
8.4.2 China Armoured Vehicles Revenue by Application (2020-2032)
9 APAC (excl. China)
9.1 APAC (excl. China) Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Armoured Vehicles Market Size by Type
9.3.1 APAC (excl. China) Armoured Vehicles Sales by Type (2020-2032)
9.3.2 APAC (excl. China) Armoured Vehicles Revenue by Type (2020-2032)
9.4 APAC (excl. China) Armoured Vehicles Market Size by Application
9.4.1 APAC (excl. China) Armoured Vehicles Sales by Application (2020-2032)
9.4.2 APAC (excl. China) Armoured Vehicles Revenue by Application (2020-2032)
9.5 APAC (excl. China) Armoured Vehicles Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Southeast Asia
10 Latin America
10.1 Latin America Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Armoured Vehicles Market Size by Type
10.3.1 Latin America Armoured Vehicles Sales by Type (2020-2032)
10.3.2 Latin America Armoured Vehicles Revenue by Type (2020-2032)
10.4 Latin America Armoured Vehicles Market Size by Application
10.4.1 Latin America Armoured Vehicles Sales by Application (2020-2032)
10.4.2 Latin America Armoured Vehicles Revenue by Application (2020-2032)
10.5 Latin America Armoured Vehicles Market Size by Country
10.6 Latin America Armoured Vehicles Market Size by Country
10.6.1 Mexico
10.6.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Armoured Vehicles Market Size and Growth Rate Analysis (2020-2032)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Armoured Vehicles Market Size by Type
11.3.1 Middle East & Africa Armoured Vehicles Sales by Type (2020-2032)
11.3.2 Middle East & Africa Armoured Vehicles Revenue by Type (2020-2032)
11.4 Middle East & Africa Armoured Vehicles Market Size by Application
11.4.1 Middle East & Africa Armoured Vehicles Sales by Application (2020-2032)
11.4.2 Middle East & Africa Armoured Vehicles Revenue by Application (2020-2032)
11.5 Middle East Armoured Vehicles Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Armoured Vehicles Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
12.1.1 Global Armoured Vehicles Market Sales by Key Manufacturers (2021-2025)
12.1.2 Global Armoured Vehicles Market Revenue by Key Manufacturers (2021-2025)
12.1.3 Global Armoured Vehicles Average Sales Price by Manufacturers (2021-2025)
12.2 Armoured Vehicles Competitive Landscape Analysis and Market Dynamic
12.2.1 Armoured Vehicles Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 General Dynamics
13.1.1 General Dynamics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 General Dynamics Armoured Vehicles Product Portfolio
13.1.3 General Dynamics Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.2 BAE Systems
13.2.1 BAE Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 BAE Systems Armoured Vehicles Product Portfolio
13.2.3 BAE Systems Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.3 Oshkosh
13.3.1 Oshkosh Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Oshkosh Armoured Vehicles Product Portfolio
13.3.3 Oshkosh Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.4 Rheinmetall
13.4.1 Rheinmetall Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Rheinmetall Armoured Vehicles Product Portfolio
13.4.3 Rheinmetall Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.5 China North Industrial
13.5.1 China North Industrial Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 China North Industrial Armoured Vehicles Product Portfolio
13.5.3 China North Industrial Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.6 Nexter Systems
13.6.1 Nexter Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Nexter Systems Armoured Vehicles Product Portfolio
13.6.3 Nexter Systems Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.7 Hyundai Rotem
13.7.1 Hyundai Rotem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Hyundai Rotem Armoured Vehicles Product Portfolio
13.7.3 Hyundai Rotem Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.8 FNSS
13.8.1 FNSS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 FNSS Armoured Vehicles Product Portfolio
13.8.3 FNSS Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.9 Uralvagonzavod
13.9.1 Uralvagonzavod Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Uralvagonzavod Armoured Vehicles Product Portfolio
13.9.3 Uralvagonzavod Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.10 STREIT Group
13.10.1 STREIT Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 STREIT Group Armoured Vehicles Product Portfolio
13.10.3 STREIT Group Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.11 Thales Group
13.11.1 Thales Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 Thales Group Armoured Vehicles Product Portfolio
13.11.3 Thales Group Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.12 Textron
13.12.1 Textron Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Textron Armoured Vehicles Product Portfolio
13.12.3 Textron Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.13 Iveco Defence Vehicles
13.13.1 Iveco Defence Vehicles Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Iveco Defence Vehicles Armoured Vehicles Product Portfolio
13.13.3 Iveco Defence Vehicles Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.14 ST Engineering
13.14.1 ST Engineering Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 ST Engineering Armoured Vehicles Product Portfolio
13.14.3 ST Engineering Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.15 BMC
13.15.1 BMC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 BMC Armoured Vehicles Product Portfolio
13.15.3 BMC Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.16 Otokar
13.16.1 Otokar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 Otokar Armoured Vehicles Product Portfolio
13.16.3 Otokar Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.17 NIMR Automotive
13.17.1 NIMR Automotive Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.17.2 NIMR Automotive Armoured Vehicles Product Portfolio
13.17.3 NIMR Automotive Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.18 Mahindra
13.18.1 Mahindra Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.18.2 Mahindra Armoured Vehicles Product Portfolio
13.18.3 Mahindra Armoured Vehicles Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14 Industry Chain Analysis
14.1 Armoured Vehicles Industry Chain Analysis
14.2 Armoured Vehicles Industry Raw Material and Suppliers Analysis
14.2.1 Armoured Vehicles Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Armoured Vehicles Typical Downstream Customers
14.4 Armoured Vehicles Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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