Armored Vehicles Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

The global armored vehicles market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. One of the major factors that are contributing to market growth is the growing demand for the tensions between the nations in recent years. Countries such as China, India, the US, Russia, and others have been continuously raising the demand for armored vehicles for safety. For instance, in September 2019, Thailand received 10 US-made armored vehicles. Thailand’s government planned to acquire 120 US-made armored vehicles by the end of 2020.

Get Free Sample link @ https://www.omrglobal.com/request-sample/armored-vehicles-market

COVID-19 pandemic had impacted most of the industries owing to the nationwide lockdowns in most of the countries across the globe. However, the armored vehicle market did not get affected much owing to the ongoing procurement projects being on track at the time, and sales and revenues of the market players of armored vehicles increased steadily. As per the annual report of BAE Systems, the company generated $22.04 billion in revenue in 2020, which was $1.14 billion more than the revenue of the company in 2019.

full report of Armored Vehicles Market available @ https://www.omrglobal.com/industry-reports/armored-vehicles-market

  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Armored Vehicles Market Report Segment

By Vehicle Type

  • Armored Personnel Carrier (APC)
  • Infantry Fighting Vehicle (IFV)
  • Mine-resistant Ambush Protected (MRAP)
  • Main Battle Tank (MBT)
  • Others (Light Protected Vehicle, and Armored Mortar Carrier)

By Drive Type

  • Wheel
  • Track

By Application

  • Defense
  • Communication

Global Armored Vehicles Market Report Segment by Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global armored vehicles market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/armored-vehicles-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404