The global military armored vehicles and counter IED vehicles market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 8.2 billion by 2030. The market is driven by the increasing demand for armored vehicles and counter IED vehicles in various regions across the globe, such as North America, Europe, Asia Pacific and Middle East & Africa. The increasing demand for these products from defense forces in emerging economies such as India and China is also driving the growth of this market.
The global military armored vehicles and counter IED vehicles market has been segmented on the basis of type into infantry fighting vehicle (IFV), armored personnel carrier (APC), main battle tank (MBT), self-propelled howitzer (SPH) among others; on the basis of application into national defense and homeland security; on the basis of region into North America, Latin America, Europe, Asia Pacific & Middle East & Africa; with forecasts from 2016 to 2030.
Some Of The Growth Factors Of This Market:
- The increasing demand for military armored vehicles and counter IED vehicles from emerging economies such as India, China, Brazil, Russia and South Africa is one of the major factors driving the growth of this market.
- Increasing terrorist activities in various regions across the world has led to an increase in demand for military armored vehicles and counter IED vehicles by governments across the world to combat terrorism effectively. This has led to an increase in demand for these products from countries such as India, China, Brazil, Russia and South Africa among others which are witnessing rapid economic growth rates coupled with increased terrorist activities in their respective regions.
- The increasing number of conflicts around the world is also leading to an increase in demand for military armored vehicles and counter IED vehicles by governments across the world due to their ability to provide protection against improvised explosive devices (IEDs).
Industry Growth Insights published a new data on “Military Armored Vehicles and Counter IED Vehicles Market”. The research report is titled “Military Armored Vehicles and Counter IED Vehicles Market research by Types (Infantry Fighting Vehicle, Armored Personnel Carrier, Main Battle Tank, Self-propelled Howitzer, Other), By Applications (National Defense, Homeland Security), By Players/Companies Rheinmetall AG, Navistar Defense, General Dynamics, Nexter Group, BAE Systems, China North Industries, Denel SOC, Hyundai, Krauss-Maffei Wegmann GmbH, Finmeccanica SpA, Otokar, Oshkosh Defense, Panhard, Renault Trucks”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Armored Vehicles and Counter IED Vehicles Market Research Report
By Type
Infantry Fighting Vehicle, Armored Personnel Carrier, Main Battle Tank, Self-propelled Howitzer, Other
By Application
National Defense, Homeland Security
By Companies
Rheinmetall AG, Navistar Defense, General Dynamics, Nexter Group, BAE Systems, China North Industries, Denel SOC, Hyundai, Krauss-Maffei Wegmann GmbH, Finmeccanica SpA, Otokar, Oshkosh Defense, Panhard, Renault Trucks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Military Armored Vehicles and Counter IED Vehicles Market Report Segments:
The global Military Armored Vehicles and Counter IED Vehicles market is segmented on the basis of:
Types
Infantry Fighting Vehicle, Armored Personnel Carrier, Main Battle Tank, Self-propelled Howitzer, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
National Defense, Homeland Security
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rheinmetall AG
- Navistar Defense
- General Dynamics
- Nexter Group
- BAE Systems
- China North Industries
- Denel SOC
- Hyundai
- Krauss-Maffei Wegmann GmbH
- Finmeccanica SpA
- Otokar
- Oshkosh Defense
- Panhard
- Renault Trucks
Highlights of The Military Armored Vehicles and Counter IED Vehicles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infantry Fighting Vehicle
- Armored Personnel Carrier
- Main Battle Tank
- Self-propelled Howitzer
- Other
- By Application:
- National Defense
- Homeland Security
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Armored Vehicles and Counter IED Vehicles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Military armored vehicles are typically tanks, APCs, and other armored fighting vehicles. They are used by militaries to transport troops and supplies, protect convoys and bases from attack, and engage in combat. Counter IED vehicles are designed to detect explosives before they can detonate, allowing soldiers or civilians to remove them before they cause damage or death.
Some of the key players operating in the military armored vehicles and counter ied vehicles market are Rheinmetall AG, Navistar Defense, General Dynamics, Nexter Group, BAE Systems, China North Industries, Denel SOC, Hyundai, Krauss-Maffei Wegmann GmbH, Finmeccanica SpA, Otokar, Oshkosh Defense, Panhard, Renault Trucks.
The military armored vehicles and counter ied vehicles market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Armored Vehicles and Counter IED Vehicles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Military Armored Vehicles and Counter IED Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Military Armored Vehicles and Counter IED Vehicles Market - Supply Chain
4.5. Global Military Armored Vehicles and Counter IED Vehicles Market Forecast
4.5.1. Military Armored Vehicles and Counter IED Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Military Armored Vehicles and Counter IED Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Military Armored Vehicles and Counter IED Vehicles Market Absolute $ Opportunity
5. Global Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Type
5.3.1. Infantry Fighting Vehicle
5.3.2. Armored Personnel Carrier
5.3.3. Main Battle Tank
5.3.4. Self-propelled Howitzer
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
6.3.1. National Defense
6.3.2. Homeland Security
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Military Armored Vehicles and Counter IED Vehicles Demand Share Forecast, 2019-2026
9. North America Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
9.4.1. National Defense
9.4.2. Homeland Security
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Type
9.7.1. Infantry Fighting Vehicle
9.7.2. Armored Personnel Carrier
9.7.3. Main Battle Tank
9.7.4. Self-propelled Howitzer
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Military Armored Vehicles and Counter IED Vehicles Demand Share Forecast, 2019-2026
10. Latin America Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
10.4.1. National Defense
10.4.2. Homeland Security
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Type
10.7.1. Infantry Fighting Vehicle
10.7.2. Armored Personnel Carrier
10.7.3. Main Battle Tank
10.7.4. Self-propelled Howitzer
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Military Armored Vehicles and Counter IED Vehicles Demand Share Forecast, 2019-2026
11. Europe Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
11.4.1. National Defense
11.4.2. Homeland Security
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Military Armored Vehicles and Counter IED Vehiles Market Size and Volume Forecast by Type
11.7.1. Infantry Fighting Vehicle
11.7.2. Armored Personnel Carrier
11.7.3. Main Battle Tank
11.7.4. Self-propelled Howitzer
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Military Armored Vehicles and Counter IED Vehicles Demand Share, 2019-2026
12. Asia Pacific Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
12.4.1. National Defense
12.4.2. Homeland Security
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Type
12.7.1. Infantry Fighting Vehicle
12.7.2. Armored Personnel Carrier
12.7.3. Main Battle Tank
12.7.4. Self-propelled Howitzer
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Military Armored Vehicles and Counter IED Vehicles Demand Share, 2019-2026
13. Middle East & Africa Military Armored Vehicles and Counter IED Vehicles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Application
13.4.1. National Defense
13.4.2. Homeland Security
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Military Armored Vehicles and Counter IED Vehicles Market Size and Volume Forecast by Type
13.7.1. Infantry Fighting Vehicle
13.7.2. Armored Personnel Carrier
13.7.3. Main Battle Tank
13.7.4. Self-propelled Howitzer
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Military Armored Vehicles and Counter IED Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Military Armored Vehicles and Counter IED Vehicles Market: Market Share Analysis
14.2. Military Armored Vehicles and Counter IED Vehicles Distributors and Customers
14.3. Military Armored Vehicles and Counter IED Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rheinmetall AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Navistar Defense
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Dynamics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nexter Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BAE Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. China North Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Denel SOC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hyundai
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Krauss-Maffei Wegmann GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Finmeccanica SpA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Otokar
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Oshkosh Defense
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Panhard
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Renault Trucks
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
