Global Tracked Armoured Vehicle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Tracked Armoured Vehicle market size was valued at US$ 11930 million in 2024 and is forecast to a readjusted size of USD 15150 million by 2031 with a CAGR of 3.5% during review period.

The global tracked armored vehicle market was experiencing steady growth. Tracked armored vehicles are used for various military and defense purposes, including combat, reconnaissance, and transportation.

The market for tracked armored vehicles is driven by factors such as increasing defense budgets of several countries, rising geopolitical tensions, modernization programs, and the need for advanced military equipment. Additionally, advancements in technology have led to the development of more advanced and efficient tracked armored vehicles with enhanced capabilities.

Major manufacturers and suppliers in the tracked armored vehicle market include General Dynamics Corporation, BAE Systems plc, Rheinmetall AG, and Oshkosh Corporation, among others. These companies are continuously investing in research and development activities to enhance their product offerings and stay competitive in the market.

This report is a detailed and comprehensive analysis for global Tracked Armoured Vehicle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Tracked Armoured Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Tracked Armoured Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Tracked Armoured Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Tracked Armoured Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Tracked Armoured Vehicle

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Tracked Armoured Vehicle market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include VOP CZ, sp, BAE Systems, KMW, Kurganmashzavod, Lockheed Martin, Textron Inc, Uralvagonzavod, Rheinmetall Defence, FNSS, General Dynamics, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Tracked Armoured Vehicle market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Medium Duty Tracked Armoured Vehicle
Heavy Duty Tracked Armoured Vehicle

Market segment by Application
Transport
Investigation
Rescue
Communication
Others

Major players covered
VOP CZ, sp
BAE Systems
KMW
Kurganmashzavod
Lockheed Martin
Textron Inc
Uralvagonzavod
Rheinmetall Defence
FNSS
General Dynamics
Norinco
Oshkosh Corporation

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Tracked Armoured Vehicle product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Tracked Armoured Vehicle, with price, sales quantity, revenue, and global market share of Tracked Armoured Vehicle from 2020 to 2025.

Chapter 3, the Tracked Armoured Vehicle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Tracked Armoured Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Tracked Armoured Vehicle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Tracked Armoured Vehicle.

Chapter 14 and 15, to describe Tracked Armoured Vehicle sales channel, distributors, customers, research findings and conclusion.