• Report SKU:SKU: SYNR9971
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The Global Armored Fighting Vehicles Market is expected to reach $24.82 billion by 2027 growing at a CAGR of 6.6% from 2020 to 2027. An armored fighting vehicle is an armed combat vehicle endangered by armor, usually joining operational mobility with attacking and defensive capabilities. AFVs can be wheeled or tracked. Armored cars, armored self-propelled guns, main battle tanks, and armored personnel carriers are all examples of AFVs. Factors such as growing geopolitical tensions and border issues between various countries are driving the growth of the market. However, the high cost of battle tanks is restraining the growth of the market. Based on the type, the infantry fighting vehicle (IFV) segment is going to have a lucrative growth during the forecast period. This is primarily owing to increased demand for IFVs, due to their tactical advantage to provide direct-fire support along with infantry troop carrying capabilities. Numerous countries globally are undertaking several programs for robustly modernizing their fleet of IFVs to improve their attack and troop support capabilities. The key vendors mentioned are BAE Systems plc, BMC Otomotiv Sanayi ve Ticarest AS, Denel SOC Ltd, Elbit Systems Ltd, FNSS Savunma Sistemleri, Nexter Group, Oshkosh Corporation, Patria Group, Rheinmetall AG, Saudi Arabian Military Industries (SAMI) and Textron Inc. Types Covered: • Armored Personnel Carrier (APC) • Infantry Fighting Vehicle (IFV) • Main Battle Tank (MBT) • Mine-Resistant Ambush Protected (MRAP) Tanks Covered: • Troop Carriers • Armored Car • Amphibious Vehicles • Armored Engineering Vehicle • Self-Propelled Artillery • Air Defense Vehicles Applications Covered: • Military Use • Police Use • Civil Use • Commercial Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Armored Fighting Vehicles Market, By Type
5.1 Introduction
5.2 Armored Personnel Carrier (APC)
5.3 Infantry Fighting Vehicle (IFV)
5.4 Main Battle Tank (MBT)
5.5 Mine-Resistant Ambush Protected (MRAP)

6 Global Armored Fighting Vehicles Market, By Tanks
6.1 Introduction
6.2 Troop Carriers
6.3 Armored Car
6.4 Amphibious Vehicles
6.5 Armored Engineering Vehicle
6.6 Self Propelled Artillery
6.7 Air Defense Vehicles

7 Global Armored Fighting Vehicles Market, By Application
7.1 Introduction
7.2 Military Use
7.3 Police Use
7.4 Civil Use
7.5 Commercial

8 Global Armored Fighting Vehicles Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape
10.1 BAE Systems plc
10.2 BMC Otomotiv Sanayi ve Ticarest AS
10.3 Denel SOC Ltd
10.4 Elbit Systems Ltd
10.5 FNSS Savunma Sistemleri
10.6 Nexter Group
10.7 Oshkosh Corporation
10.8 Patria Group
10.9 Rheinmetall AG
10.10 Saudi Arabian Military Industries (SAMI)
10.11 Textron Inc

List of Data Tables
1 Global Armored Fighting Vehicles Market Outlook, By Region (2019-2027) ($MN)
2 Global Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
3 Global Armored Fighting Vehicles Market Outlook, By Armored Personnel Carrier (APC) (2019-2027) ($MN)
4 Global Armored Fighting Vehicles Market Outlook, By Infantry Fighting Vehicle (IFV) (2019-2027) ($MN)
5 Global Armored Fighting Vehicles Market Outlook, By Main Battle Tank (MBT) (2019-2027) ($MN)
6 Global Armored Fighting Vehicles Market Outlook, By Mine-Resistant Ambush Protected (MRAP) (2019-2027) ($MN)
7 Global Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
8 Global Armored Fighting Vehicles Market Outlook, By Troop Carriers (2019-2027) ($MN)
9 Global Armored Fighting Vehicles Market Outlook, By Armored Car (2019-2027) ($MN)
10 Global Armored Fighting Vehicles Market Outlook, By Amphibious Vehicles (2019-2027) ($MN)
11 Global Armored Fighting Vehicles Market Outlook, By Armored Engineering Vehicle (2019-2027) ($MN)
12 Global Armored Fighting Vehicles Market Outlook, By Self Propelled Artillery (2019-2027) ($MN)
13 Global Armored Fighting Vehicles Market Outlook, By Air Defense Vehicles (2019-2027) ($MN)
14 Global Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)
15 Global Armored Fighting Vehicles Market Outlook, By Military Use (2019-2027) ($MN)
16 Global Armored Fighting Vehicles Market Outlook, By Police Use (2019-2027) ($MN)
17 Global Armored Fighting Vehicles Market Outlook, By Civil Use (2019-2027) ($MN)
18 Global Armored Fighting Vehicles Market Outlook, By Commercial (2019-2027) ($MN)
19 North America Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
20 North America Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
21 North America Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)
22 Europe Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
23 Europe Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
24 Europe Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)
25 Asia Pacific Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
26 Asia Pacific Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
27 Asia Pacific Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)
28 South America Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
29 South America Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
30 South America Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)
31 Middle East & Africa Armored Fighting Vehicles Market Outlook, By Type (2019-2027) ($MN)
32 Middle East & Africa Armored Fighting Vehicles Market Outlook, By Tanks (2019-2027) ($MN)
33 Middle East & Africa Armored Fighting Vehicles Market Outlook, By Application (2019-2027) ($MN)