According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Armored Vehicles Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Armored Vehicles Market Analysis and Size

The Global Armored Vehicles Market is projected to grow at a CAGR of around 4.1% during the forecast period, i.e., 2023-28.

“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”

Get a Free Sample PDF Copy of this Report to understand structure of the complete report @ https://www.marknteladvisors.com/query/request-sample/armored-vehicles-market.html

Some of the major players operating in the Armored Vehicles Market are L3Harris Technologies, Inc., Hanwha Group, General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman, Oshkosh Defense, LLC, BAE Systems, Thales Group, ST Engineering, Mitsubishi Heavy Industries, Textron Systems, Denel Soc Ltd, FNSS, Arquus, Iveco Defence Vehicles, Others.

Armored Vehicles Market Growth Driver:

Rising Defense Budget and Cross-Border Disputes in Numerous Countries - Increasing defense expenditure and budget in several countries with rising cross-border disputes has primarily driven the market. The prevalence of conflicts, terrorist activities, and wars worldwide requires numerous countries to strengthen their military equipment and vehicles, fueling market expansion. Likewise, growing emphasis on the sustainability of military vehicles and personnel safety through added advanced safety features with increasing humanitarian missions also adds to the market acceleration. For instance,

  • In April 2021, Israel’s Ministry of Defense (MOD) signed a contract with Israel Aerospace Industries (IAI) to manufacture and supply nine Z-MAG all-terrain vehicles to the Israel Defense Forces (IDF), with an option to order 21 additional units.

Browse More About This Research Report @ https://www.marknteladvisors.com/research-library/armored-vehicles-market.html

Market Segment and Geographical Analysis

By Platform

  • Combat Vehicles
    • Main Battle Tanks
    • Infantry Fighting Vehicles
    • Armored Personal Carriers
    • Armored Amphibious Vehicles
    • Mine-Resistant Ambush Protected Vehicles
    • Light Armored Vehicles
    • Others (Self Propelled Howitzers, Air Defence Vehicles, etc.)
  • Combat Support Vehicles
    • Armored Supply Trucks
    • Armored Command and Control Vehicles
    • Repair and Recovery Vehicles
    • Others (Bridge laying Tanks, Mine Clearance Vehicles, etc.)
  • Unmanned Armored Ground Vehicles

By System

  • Engines
  • Turret Drives
  • Ammunition Handling Systems
  • Fire Control Systems
  • Armaments
  • Ballistic Armor
  • Countermeasure System
  • Command and Control System
  • Power System
  • Others (Navigation System, Observation and Display Systems, etc.)

By Type

  • Electric
  • Conventional

By Mode of Operation

  • Manned
  • Unmanned

By Mobility

  • Wheeled
    • 4X4
    • 6X6
    • 8X8
    • Others (10X10, 12X12, etc.)
  • Tracked

By Sales Channel

  • OEM
  • Retrofit

By Region

  • North America
  • South America
  • Europe       
  • The Middle East & Africa
  • Asia-Pacific

Note - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Browse Trending Reports:

Note: If you require specific information not covered in the current report, we can provide it through customized option

Why choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India