Companies Dominating the Armored Vehicle Landscape
- 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)
Armored Vehicle Market in 2025 is estimated at USD 21.45 billion.
The global market size surpassed USD 20.39 billion in 2024 and is projected to witness a CAGR of over 6.5%, crossing USD 46.23 billion revenue by 2037.
North America is forecast to cross largest share by 2037, fueled by United States' highest defense and military spending, and the significant number of tanks and advanced military vehicles in the region.
The major 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.