Armored Vehicle Market Players:
- General Dynamics Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BAE Systems plc
- Oshkosh Defense, LLC
- Rheinmetall Group
- Krauss-Maffei Wegmann GmbH & Co. KG
- Hyundai Rotem Co., Ltd.
- Nexter group KNDS
- Craft Machine Inc.
- Lenco Industries, Inc.
- Lockheed Martin Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of armored vehicle is estimated at USD 38.1 billion.
The global armored vehicle market size was over USD 36.43 billion in 2025 and is anticipated to witness a CAGR of over 5.1%, crossing USD 59.91 billion revenue by 2035.
North America armored vehicle market holds the largest share by 2035, driven by high U.S. defense spending, modernization of fighting vehicles, and advanced tank capabilities.
Key players in the market include General Dynamics Corporation, BAE Systems plc, Oshkosh Defense, LLC, Rheinmetall Group, Krauss-Maffei Wegmann GmbH & Co. KG, Hyundai Rotem Co., Ltd., Nexter group KNDS, Craft Machine Inc., Lenco Industries, Inc., Lockheed Martin Corporation.