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Military Armoured Vehicle Market Report 2023-2033


Forecasts by Point of Sale (OEM, Retrofit), by Category (Combat Vehicles, Combat Support Vehicles, Unmanned Armoured Vehicles), by Combat Vehicles (Main Battle Tanks (MBTs), Infantry Fighting Vehicles (IFVs), Armoured Personnel Carriers (APCs), Armoured Amphibious Vehicles (AAVs), Mine-resistant Ambush Protected (MRAP), Light Protected Vehicles (LPVs), Self-propelled Howitzers (SPHs), Air Defence Vehicles, Other), by Combat Support Vehicles (Armoured Supply Trucks, Armoured Command and Control Vehicles, Repair and Recovery Vehicles, Bridge-laying Tanks, Mine Clearance Vehicles, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.

New York, Jan. 23, 2023 (GLOBE NEWSWIRE) -- announces the release of the report "Military Armoured Vehicle Market Report 2023-2033" -

The Military Armoured Vehicle Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Border Conflicts, Changing Foreign and Defence Policies Will Drive the Market

Geographical issues, changing foreign and defence policies, strategic considerations, international relations, territorial/border conflicts, as well as local, regional, and global security issues related to insurgencies, terrorism, piracy, as well as human and drug trafficking, are among them. The relationship of the three key players in the region, China, India, and the United States, would further complicate an already difficult situation. on a patchy environment, combat vehicles are a constant presence. They are present in all theatres, all tactical situations, all wars, and they cover the complete spectrum of military operations. Those who skilfully employ their enormous capabilities gain a clear advantage. The Army will be able to deploy quickly around the globe and maintain combat operations for extended durations in a range of operating conditions against state, nonstate, and hybrid adversaries thanks to updated combat vehicles. If modernization efforts are carried out diligently and wisely, Army leaders will have a substantial advantage as they work to prevail on future battlefields

What Questions Should You Ask before Buying a Market Research Report?

• How is the military armoured vehicle market evolving?

• What is driving and restraining the military armoured vehicle market?

• How will each military armoured vehicle submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?

• How will the market shares for each military armoured vehicle submarket develop from 2023 to 2033?

• What will be the main driver for the overall market from 2023 to 2033?

• Will leading military armoured vehicle markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

• How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?

• Who are the leading players and what are their prospects over the forecast period?

• What are the military armoured vehicle projects for these leading companies?

• How will the industry evolve during the period between 2023 and 2033? What are the implications of military armoured vehicle projects taking place now and over the next 10 years?

• Is there a greater need for product commercialisation to further scale the military armoured vehicle market?

• Where is the military armoured vehicle market heading and how can you ensure you are at the forefront of the market?

• What are the best investment options for new product and service lines?

• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the military armoured vehicle market today, and over the next 10 years:

• Our 403-page report provides 157 tables and 190 charts/graphs exclusively to you.

• The report highlights key lucrative areas in the industry so you can target them – NOW.

• It contains in-depth analysis of global, regional and national sales and growth.

• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the military armoured vehicle market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.

• You will find original analyses, with business outlooks and developments.

• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising military armoured vehicle prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Point of Sale


• Retrofit

Market Segment by Category

• Combat Vehicles

• Combat Support Vehicles

• Unmanned Armored Vehicles

Market Segment by Combat Vehicles

• Main Battle Tanks (MBTs)

• Infantry Fighting Vehicles (IFVs)

• Armored Personnel Carriers (APCs)

• Armored Amphibious Vehicles (AAVs)

• Mine-resistant Ambush Protected (MRAP)

• Light Protected Vehicles (LPVs)

• Self-propelled Howitzers (SPHs)

• Air Defense Vehicles

• Other Combat Vehicles

Market Segment by Combat Support Vehicles

• Armored Supply Trucks

• Armored Command and Control Vehicles

• Repair and Recovery Vehicles

• Bridge-laying Tanks

• Mine Clearance Vehicles

• Other Combat Support Vehicles

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

• U.S.

• Canada


• Germany

• Ukraine

• Russia

• France

• Italy

• Rest of Europe

Asia Pacific

• China

• Japan

• India

• Pakistan

• South Korea

• Rest of Asia Pacific

Latin America

• Brazil

• Mexico

• Rest of Latin America

Middle East and Africa

• Turkey

• South Africa


• Rest of Middle East and Africa

The report also includes profiles and for some of the leading companies in the Military Armoured Vehicle Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

• Arquus

• BAE Systems plc

• Denel SOC Ltd

• Elbit Systems Ltd.

• General Dynamics Corporation

• Hanwha Group

• L3Harris Technologies, Inc.

• Lockheed Martin Corporation

• Mitsubishi Heavy Industries , Ltd.

• Nexter Systems

• Northrop Grumman Corporation

• Paramount Group

• Rheinmetall AG

• Textron Inc.

• Thales Group

Overall world revenue for Military Armoured Vehicle Market, 2023 to 2033 in terms of value the market will surpass US$35,988 million in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Military Armoured Vehicle Market, 2023 to 2033 report help you?

In summary, our 300+ page report provides you with the following knowledge:

• Revenue forecasts to 2033 for Military Armoured Vehicle Market, 2023 to 2033 Market, with forecasts for point of sale, category, combat vehicles, combat support vehicles and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

• Revenue forecasts to 2033 for four regional and 20 key national markets – See forecasts for the Military Armoured Vehicle Market, 2023 to 2033 market in North America, Europe, Asia-Pacific and Latin America, and Middle East and Africa. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, Russia, Italy, China, India, Japan, and Turkey among other prominent economies.

• Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Military Armoured Vehicle Market, 2023 to 2033.

Read the full report:

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