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Automobile & Transportation Global Armoured Vehicles Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4668426
    • |
  • 22 January, 2026
    • |
  • Global
    • |
  • 141 Pages
    • |
  • GIR
    • |
  • Automobile & Transportation

According to our (Global Info Research) latest study, the global Armoured Vehicles 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 Armoured Vehicles 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 Armoured Vehicles 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 Armoured Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armoured Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armoured Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Armoured Vehicles market shares of main players, shipments in revenue ($ 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 Armoured Vehicles
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 Armoured Vehicles 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
Armoured Vehicles 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 Armoured Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Armoured Vehicles, with price, sales quantity, revenue, and global market share of Armoured Vehicles from 2021 to 2026.
Chapter 3, the Armoured Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Armoured Vehicles 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 Armoured Vehicles 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 Armoured Vehicles.
Chapter 14 and 15, to describe Armoured Vehicles 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 Armoured Vehicles 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 Armoured Vehicles Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Military
    • 1.4.3 Non-military
  • 1.5 Global Armoured Vehicles Market Size & Forecast
    • 1.5.1 Global Armoured Vehicles Consumption Value (2021 & 2025 & 2032)
    • 1.5.2 Global Armoured Vehicles Sales Quantity (2021-2032)
    • 1.5.3 Global Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.1.4 General Dynamics Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.2.4 BAE Systems Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.3.4 Oshkosh Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.4.4 Rheinmetall Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.5.4 China North Industrial Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.6.4 Nexter Systems Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.7.4 Hyundai Rotem Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.8.4 FNSS Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.9.4 Uralvagonzavod Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.10.4 STREIT Group Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.11.4 Thales Group Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.12.4 Textron Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.13.4 Iveco Defence Vehicles Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.14.4 ST Engineering Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.15.4 BMC Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.16.4 Otokar Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.17.4 NIMR Automotive Armoured Vehicles 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 Armoured Vehicles Product and Services
    • 2.18.4 Mahindra Armoured Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Mahindra Recent Developments/Updates

3 Competitive Environment: Armoured Vehicles by Manufacturer

  • 3.1 Global Armoured Vehicles Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Armoured Vehicles Revenue by Manufacturer (2021-2026)
  • 3.3 Global Armoured Vehicles Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Armoured Vehicles by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Armoured Vehicles Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Armoured Vehicles Manufacturer Market Share in 2025
  • 3.5 Armoured Vehicles Market: Overall Company Footprint Analysis
    • 3.5.1 Armoured Vehicles Market: Region Footprint
    • 3.5.2 Armoured Vehicles Market: Company Product Type Footprint
    • 3.5.3 Armoured Vehicles 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 Armoured Vehicles Market Size by Region
    • 4.1.1 Global Armoured Vehicles Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Armoured Vehicles Consumption Value by Region (2021-2032)
    • 4.1.3 Global Armoured Vehicles Average Price by Region (2021-2032)
  • 4.2 North America Armoured Vehicles Consumption Value (2021-2032)
  • 4.3 Europe Armoured Vehicles Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Armoured Vehicles Consumption Value (2021-2032)
  • 4.5 South America Armoured Vehicles Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Armoured Vehicles Consumption Value (2021-2032)

5 Market Segment by Type

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

6 Market Segment by Application

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

7 North America

  • 7.1 North America Armoured Vehicles Sales Quantity by Type (2021-2032)
  • 7.2 North America Armoured Vehicles Sales Quantity by Application (2021-2032)
  • 7.3 North America Armoured Vehicles Market Size by Country
    • 7.3.1 North America Armoured Vehicles Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Armoured Vehicles 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 Armoured Vehicles Sales Quantity by Type (2021-2032)
  • 8.2 Europe Armoured Vehicles Sales Quantity by Application (2021-2032)
  • 8.3 Europe Armoured Vehicles Market Size by Country
    • 8.3.1 Europe Armoured Vehicles Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Armoured Vehicles 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 Armoured Vehicles Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Armoured Vehicles Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Armoured Vehicles Market Size by Region
    • 9.3.1 Asia-Pacific Armoured Vehicles Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Armoured Vehicles 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 Armoured Vehicles Sales Quantity by Type (2021-2032)
  • 10.2 South America Armoured Vehicles Sales Quantity by Application (2021-2032)
  • 10.3 South America Armoured Vehicles Market Size by Country
    • 10.3.1 South America Armoured Vehicles Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Armoured Vehicles 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 Armoured Vehicles Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Armoured Vehicles Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Armoured Vehicles Market Size by Country
    • 11.3.1 Middle East & Africa Armoured Vehicles Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Armoured Vehicles 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 Armoured Vehicles Market Drivers
  • 12.2 Armoured Vehicles Market Restraints
  • 12.3 Armoured Vehicles 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 Armoured Vehicles and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Armoured Vehicles
  • 13.3 Armoured Vehicles 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 Armoured Vehicles Typical Distributors
  • 14.3 Armoured Vehicles 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 Armoured Vehicles. Industry analysis & Market Report on Armoured Vehicles is a syndicated market report, published as Global Armoured Vehicles Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Armoured Vehicles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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