Report Detail

Chemical & Material Global Armored Car Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4668427
  • |
  • 22 January, 2026
  • |
  • Global
  • |
  • 133 Pages
  • |
  • GIR
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  • Chemical & Material

According to our (Global Info Research) latest study, the global Armored Car market size was valued at US$ 22750 million in 2025 and is forecast to a readjusted size of US$ 31240 million by 2032 with a CAGR of 4.7% during review period.
Global key players of Armored Car include General Dynamics, BAE Systems, Oshkosh, Rheinmetall, etc. The top four players hold a share over 37%.
Europe is the largest market, has a share about 32%, followed by China and North America, with share 8% and 27%, separately.
In terms of product type, Wheeled Armoured Vehicle is the largest segment, occupied for a share of 81%, and in terms of application, Military has a share about 94%.
This report is a detailed and comprehensive analysis for global Armored Car 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 Armored Car market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armored Car market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armored Car market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armored Car market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
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 Armored Car
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 Armored Car 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 General Dynamics, BAE Systems, Oshkosh, Rheinmetall, China North Industrial, Nexter Systems, Hyundai Rotem, FNSS, Uralvagonzavod, STREIT Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Armored Car market is split by Type and by Application. For the period 2021-2032, 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
Wheeled Armoured Vehicle
Tracked Armoured Vehicles
Market segment by Application
Military
Non-military
Major players covered
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
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 Armored Car product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Armored Car, with price, sales quantity, revenue, and global market share of Armored Car from 2021 to 2026.
Chapter 3, the Armored Car competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Armored Car breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
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 2021 to 2032.
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 2021 to 2026.and Armored Car market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
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 Armored Car.
Chapter 14 and 15, to describe Armored Car sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Armored Car Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Wheeled Armoured Vehicle
    • 1.3.3 Tracked Armoured Vehicles
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Armored Car Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Military
    • 1.4.3 Non-military
  • 1.5 Global Armored Car Market Size & Forecast
    • 1.5.1 Global Armored Car Consumption Value (2021 & 2025 & 2032)
    • 1.5.2 Global Armored Car Sales Quantity (2021-2032)
    • 1.5.3 Global Armored Car Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 General Dynamics
    • 2.1.1 General Dynamics Details
    • 2.1.2 General Dynamics Major Business
    • 2.1.3 General Dynamics Armored Car Product and Services
    • 2.1.4 General Dynamics Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 General Dynamics Recent Developments/Updates
  • 2.2 BAE Systems
    • 2.2.1 BAE Systems Details
    • 2.2.2 BAE Systems Major Business
    • 2.2.3 BAE Systems Armored Car Product and Services
    • 2.2.4 BAE Systems Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 BAE Systems Recent Developments/Updates
  • 2.3 Oshkosh
    • 2.3.1 Oshkosh Details
    • 2.3.2 Oshkosh Major Business
    • 2.3.3 Oshkosh Armored Car Product and Services
    • 2.3.4 Oshkosh Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Oshkosh Recent Developments/Updates
  • 2.4 Rheinmetall
    • 2.4.1 Rheinmetall Details
    • 2.4.2 Rheinmetall Major Business
    • 2.4.3 Rheinmetall Armored Car Product and Services
    • 2.4.4 Rheinmetall Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Rheinmetall Recent Developments/Updates
  • 2.5 China North Industrial
    • 2.5.1 China North Industrial Details
    • 2.5.2 China North Industrial Major Business
    • 2.5.3 China North Industrial Armored Car Product and Services
    • 2.5.4 China North Industrial Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 China North Industrial Recent Developments/Updates
  • 2.6 Nexter Systems
    • 2.6.1 Nexter Systems Details
    • 2.6.2 Nexter Systems Major Business
    • 2.6.3 Nexter Systems Armored Car Product and Services
    • 2.6.4 Nexter Systems Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Nexter Systems Recent Developments/Updates
  • 2.7 Hyundai Rotem
    • 2.7.1 Hyundai Rotem Details
    • 2.7.2 Hyundai Rotem Major Business
    • 2.7.3 Hyundai Rotem Armored Car Product and Services
    • 2.7.4 Hyundai Rotem Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Hyundai Rotem Recent Developments/Updates
  • 2.8 FNSS
    • 2.8.1 FNSS Details
    • 2.8.2 FNSS Major Business
    • 2.8.3 FNSS Armored Car Product and Services
    • 2.8.4 FNSS Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 FNSS Recent Developments/Updates
  • 2.9 Uralvagonzavod
    • 2.9.1 Uralvagonzavod Details
    • 2.9.2 Uralvagonzavod Major Business
    • 2.9.3 Uralvagonzavod Armored Car Product and Services
    • 2.9.4 Uralvagonzavod Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Uralvagonzavod Recent Developments/Updates
  • 2.10 STREIT Group
    • 2.10.1 STREIT Group Details
    • 2.10.2 STREIT Group Major Business
    • 2.10.3 STREIT Group Armored Car Product and Services
    • 2.10.4 STREIT Group Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 STREIT Group Recent Developments/Updates
  • 2.11 Thales Group
    • 2.11.1 Thales Group Details
    • 2.11.2 Thales Group Major Business
    • 2.11.3 Thales Group Armored Car Product and Services
    • 2.11.4 Thales Group Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Thales Group Recent Developments/Updates
  • 2.12 Textron
    • 2.12.1 Textron Details
    • 2.12.2 Textron Major Business
    • 2.12.3 Textron Armored Car Product and Services
    • 2.12.4 Textron Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Textron Recent Developments/Updates
  • 2.13 Iveco Defence Vehicles
    • 2.13.1 Iveco Defence Vehicles Details
    • 2.13.2 Iveco Defence Vehicles Major Business
    • 2.13.3 Iveco Defence Vehicles Armored Car Product and Services
    • 2.13.4 Iveco Defence Vehicles Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Iveco Defence Vehicles Recent Developments/Updates
  • 2.14 ST Engineering
    • 2.14.1 ST Engineering Details
    • 2.14.2 ST Engineering Major Business
    • 2.14.3 ST Engineering Armored Car Product and Services
    • 2.14.4 ST Engineering Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 ST Engineering Recent Developments/Updates
  • 2.15 BMC
    • 2.15.1 BMC Details
    • 2.15.2 BMC Major Business
    • 2.15.3 BMC Armored Car Product and Services
    • 2.15.4 BMC Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 BMC Recent Developments/Updates
  • 2.16 Otokar
    • 2.16.1 Otokar Details
    • 2.16.2 Otokar Major Business
    • 2.16.3 Otokar Armored Car Product and Services
    • 2.16.4 Otokar Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Otokar Recent Developments/Updates
  • 2.17 NIMR Automotive
    • 2.17.1 NIMR Automotive Details
    • 2.17.2 NIMR Automotive Major Business
    • 2.17.3 NIMR Automotive Armored Car Product and Services
    • 2.17.4 NIMR Automotive Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 NIMR Automotive Recent Developments/Updates
  • 2.18 Mahindra
    • 2.18.1 Mahindra Details
    • 2.18.2 Mahindra Major Business
    • 2.18.3 Mahindra Armored Car Product and Services
    • 2.18.4 Mahindra Armored Car Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Mahindra Recent Developments/Updates

3 Competitive Environment: Armored Car by Manufacturer

  • 3.1 Global Armored Car Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Armored Car Revenue by Manufacturer (2021-2026)
  • 3.3 Global Armored Car Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Armored Car by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Armored Car Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Armored Car Manufacturer Market Share in 2025
  • 3.5 Armored Car Market: Overall Company Footprint Analysis
    • 3.5.1 Armored Car Market: Region Footprint
    • 3.5.2 Armored Car Market: Company Product Type Footprint
    • 3.5.3 Armored Car Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Armored Car Market Size by Region
    • 4.1.1 Global Armored Car Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Armored Car Consumption Value by Region (2021-2032)
    • 4.1.3 Global Armored Car Average Price by Region (2021-2032)
  • 4.2 North America Armored Car Consumption Value (2021-2032)
  • 4.3 Europe Armored Car Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Armored Car Consumption Value (2021-2032)
  • 4.5 South America Armored Car Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Armored Car Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Armored Car Sales Quantity by Type (2021-2032)
  • 5.2 Global Armored Car Consumption Value by Type (2021-2032)
  • 5.3 Global Armored Car Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Armored Car Sales Quantity by Application (2021-2032)
  • 6.2 Global Armored Car Consumption Value by Application (2021-2032)
  • 6.3 Global Armored Car Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Armored Car Sales Quantity by Type (2021-2032)
  • 7.2 North America Armored Car Sales Quantity by Application (2021-2032)
  • 7.3 North America Armored Car Market Size by Country
    • 7.3.1 North America Armored Car Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Armored Car Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Armored Car Sales Quantity by Type (2021-2032)
  • 8.2 Europe Armored Car Sales Quantity by Application (2021-2032)
  • 8.3 Europe Armored Car Market Size by Country
    • 8.3.1 Europe Armored Car Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Armored Car Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Armored Car Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Armored Car Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Armored Car Market Size by Region
    • 9.3.1 Asia-Pacific Armored Car Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Armored Car Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Armored Car Sales Quantity by Type (2021-2032)
  • 10.2 South America Armored Car Sales Quantity by Application (2021-2032)
  • 10.3 South America Armored Car Market Size by Country
    • 10.3.1 South America Armored Car Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Armored Car Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Armored Car Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Armored Car Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Armored Car Market Size by Country
    • 11.3.1 Middle East & Africa Armored Car Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Armored Car Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Armored Car Market Drivers
  • 12.2 Armored Car Market Restraints
  • 12.3 Armored Car Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Armored Car and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Armored Car
  • 13.3 Armored Car Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Armored Car Typical Distributors
  • 14.3 Armored Car Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Armored Car. Industry analysis & Market Report on Armored Car is a syndicated market report, published as Global Armored Car Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Armored Car market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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