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)
Currently in 2025, the industry revenue of armored vehicle is evaluated at USD 21.32 billion.
The global armored vehicle market is poised to grow from USD 20.39 billion in 2024 to USD 46.23 billion by 2037, registering a CAGR of more than 6.5% during the forecast period, from 2025 through 2037.
North America industry is expected to hold largest revenue share of 53% by 2037, due to United States is the country with the highest spending on defense and military in the world.
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.
