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Service & Software Global Armored Vehicles Upgrade and Retrofit Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM3843249
    • |
  • 13 August, 2024
    • |
  • Global
    • |
  • 105 Pages
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  • GIR (Global Info Research)
    • |
  • Service & Software

According to our (Global Info Research) latest study, the global Armored Vehicles Upgrade and Retrofit market size was valued at USD 4376.4 million in 2023 and is forecast to a readjusted size of USD 5030.4 million by 2030 with a CAGR of 2.0% during review period.
Armored vehicles refer to transportation and land combat vehicles used for various offensive and defensive operations. They are commonly employed for the transportation of military personnel and cargo as well as operating in active combats. These vehicles are often armed with weapons and protected by an armor against shell fragments, bullets and other projectiles.

Several programs are being conducted to upgrade the equipment and systems in old armored vehicles across the globe. Led by the availability of modern and evolved warfare technologies, these programs are driving the growth of the upgrade and retrofit market. Additionally, many countries are expanding their military budgets on account of increasing terrorism and hostile activities. These activities have also resulted in the requirement of frequent repairing and installation of new parts in armored vehicles.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
The Global Info Research report includes an overview of the development of the Armored Vehicles Upgrade and Retrofit industry chain, the market status of Military (Main Battle Tank, Light Protected Vehicles), Commercial (Main Battle Tank, Light Protected Vehicles), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Armored Vehicles Upgrade and Retrofit.
Regionally, the report analyzes the Armored Vehicles Upgrade and Retrofit markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Armored Vehicles Upgrade and Retrofit market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Armored Vehicles Upgrade and Retrofit market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Armored Vehicles Upgrade and Retrofit industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Main Battle Tank, Light Protected Vehicles).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Armored Vehicles Upgrade and Retrofit market.
Regional Analysis: The report involves examining the Armored Vehicles Upgrade and Retrofit market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Armored Vehicles Upgrade and Retrofit market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Armored Vehicles Upgrade and Retrofit:
Company Analysis: Report covers individual Armored Vehicles Upgrade and Retrofit players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Armored Vehicles Upgrade and Retrofit This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Military, Commercial).
Technology Analysis: Report covers specific technologies relevant to Armored Vehicles Upgrade and Retrofit. It assesses the current state, advancements, and potential future developments in Armored Vehicles Upgrade and Retrofit areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Armored Vehicles Upgrade and Retrofit market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Armored Vehicles Upgrade and Retrofit market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Main Battle Tank
Light Protected Vehicles
Amphibious Armored Vehicles
Mine-Resistant Ambush Protected
Infantry Fighting Vehicles
Armored Personnel Carriers
Others
Market segment by Application
Military
Commercial
Market segment by players, this report covers
AM General (US)
FNSS Savunma Sistemleri (UAE)
MKU (Inidia)
Oshkosh Defense (US)
Sabiex International (Belgium)
BAE Systems(UK)
Diehl Defence (Germany)
Elbit Systems (Israel)
General Dynamics (US)
Palbam (Israel)
Rheinmetall (Germany)
Thales Group (France)
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Armored Vehicles Upgrade and Retrofit product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Armored Vehicles Upgrade and Retrofit, with revenue, gross margin and global market share of Armored Vehicles Upgrade and Retrofit from 2019 to 2024.
Chapter 3, the Armored Vehicles Upgrade and Retrofit competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Armored Vehicles Upgrade and Retrofit market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Armored Vehicles Upgrade and Retrofit.
Chapter 13, to describe Armored Vehicles Upgrade and Retrofit research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Armored Vehicles Upgrade and Retrofit
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Armored Vehicles Upgrade and Retrofit by Type
    • 1.3.1 Overview: Global Armored Vehicles Upgrade and Retrofit Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Armored Vehicles Upgrade and Retrofit Consumption Value Market Share by Type in 2023
    • 1.3.3 Main Battle Tank
    • 1.3.4 Light Protected Vehicles
    • 1.3.5 Amphibious Armored Vehicles
    • 1.3.6 Mine-Resistant Ambush Protected
    • 1.3.7 Infantry Fighting Vehicles
    • 1.3.8 Armored Personnel Carriers
    • 1.3.9 Others
  • 1.4 Global Armored Vehicles Upgrade and Retrofit Market by Application
    • 1.4.1 Overview: Global Armored Vehicles Upgrade and Retrofit Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Military
    • 1.4.3 Commercial
  • 1.5 Global Armored Vehicles Upgrade and Retrofit Market Size & Forecast
  • 1.6 Global Armored Vehicles Upgrade and Retrofit Market Size and Forecast by Region
    • 1.6.1 Global Armored Vehicles Upgrade and Retrofit Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Armored Vehicles Upgrade and Retrofit Market Size by Region, (2019-2030)
    • 1.6.3 North America Armored Vehicles Upgrade and Retrofit Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Armored Vehicles Upgrade and Retrofit Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Armored Vehicles Upgrade and Retrofit Market Size and Prospect (2019-2030)
    • 1.6.6 South America Armored Vehicles Upgrade and Retrofit Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East and Africa Armored Vehicles Upgrade and Retrofit Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 AM General (US)
    • 2.1.1 AM General (US) Details
    • 2.1.2 AM General (US) Major Business
    • 2.1.3 AM General (US) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.1.4 AM General (US) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 AM General (US) Recent Developments and Future Plans
  • 2.2 FNSS Savunma Sistemleri (UAE)
    • 2.2.1 FNSS Savunma Sistemleri (UAE) Details
    • 2.2.2 FNSS Savunma Sistemleri (UAE) Major Business
    • 2.2.3 FNSS Savunma Sistemleri (UAE) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.2.4 FNSS Savunma Sistemleri (UAE) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 FNSS Savunma Sistemleri (UAE) Recent Developments and Future Plans
  • 2.3 MKU (Inidia)
    • 2.3.1 MKU (Inidia) Details
    • 2.3.2 MKU (Inidia) Major Business
    • 2.3.3 MKU (Inidia) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.3.4 MKU (Inidia) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 MKU (Inidia) Recent Developments and Future Plans
  • 2.4 Oshkosh Defense (US)
    • 2.4.1 Oshkosh Defense (US) Details
    • 2.4.2 Oshkosh Defense (US) Major Business
    • 2.4.3 Oshkosh Defense (US) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.4.4 Oshkosh Defense (US) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Oshkosh Defense (US) Recent Developments and Future Plans
  • 2.5 Sabiex International (Belgium)
    • 2.5.1 Sabiex International (Belgium) Details
    • 2.5.2 Sabiex International (Belgium) Major Business
    • 2.5.3 Sabiex International (Belgium) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.5.4 Sabiex International (Belgium) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Sabiex International (Belgium) Recent Developments and Future Plans
  • 2.6 BAE Systems(UK)
    • 2.6.1 BAE Systems(UK) Details
    • 2.6.2 BAE Systems(UK) Major Business
    • 2.6.3 BAE Systems(UK) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.6.4 BAE Systems(UK) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 BAE Systems(UK) Recent Developments and Future Plans
  • 2.7 Diehl Defence (Germany)
    • 2.7.1 Diehl Defence (Germany) Details
    • 2.7.2 Diehl Defence (Germany) Major Business
    • 2.7.3 Diehl Defence (Germany) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.7.4 Diehl Defence (Germany) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Diehl Defence (Germany) Recent Developments and Future Plans
  • 2.8 Elbit Systems (Israel)
    • 2.8.1 Elbit Systems (Israel) Details
    • 2.8.2 Elbit Systems (Israel) Major Business
    • 2.8.3 Elbit Systems (Israel) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.8.4 Elbit Systems (Israel) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Elbit Systems (Israel) Recent Developments and Future Plans
  • 2.9 General Dynamics (US)
    • 2.9.1 General Dynamics (US) Details
    • 2.9.2 General Dynamics (US) Major Business
    • 2.9.3 General Dynamics (US) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.9.4 General Dynamics (US) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 General Dynamics (US) Recent Developments and Future Plans
  • 2.10 Palbam (Israel)
    • 2.10.1 Palbam (Israel) Details
    • 2.10.2 Palbam (Israel) Major Business
    • 2.10.3 Palbam (Israel) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.10.4 Palbam (Israel) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Palbam (Israel) Recent Developments and Future Plans
  • 2.11 Rheinmetall (Germany)
    • 2.11.1 Rheinmetall (Germany) Details
    • 2.11.2 Rheinmetall (Germany) Major Business
    • 2.11.3 Rheinmetall (Germany) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.11.4 Rheinmetall (Germany) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Rheinmetall (Germany) Recent Developments and Future Plans
  • 2.12 Thales Group (France)
    • 2.12.1 Thales Group (France) Details
    • 2.12.2 Thales Group (France) Major Business
    • 2.12.3 Thales Group (France) Armored Vehicles Upgrade and Retrofit Product and Solutions
    • 2.12.4 Thales Group (France) Armored Vehicles Upgrade and Retrofit Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Thales Group (France) Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Armored Vehicles Upgrade and Retrofit Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Armored Vehicles Upgrade and Retrofit by Company Revenue
    • 3.2.2 Top 3 Armored Vehicles Upgrade and Retrofit Players Market Share in 2023
    • 3.2.3 Top 6 Armored Vehicles Upgrade and Retrofit Players Market Share in 2023
  • 3.3 Armored Vehicles Upgrade and Retrofit Market: Overall Company Footprint Analysis
    • 3.3.1 Armored Vehicles Upgrade and Retrofit Market: Region Footprint
    • 3.3.2 Armored Vehicles Upgrade and Retrofit Market: Company Product Type Footprint
    • 3.3.3 Armored Vehicles Upgrade and Retrofit Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Armored Vehicles Upgrade and Retrofit Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Armored Vehicles Upgrade and Retrofit Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Armored Vehicles Upgrade and Retrofit Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Armored Vehicles Upgrade and Retrofit Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Armored Vehicles Upgrade and Retrofit Consumption Value by Type (2019-2030)
  • 6.2 North America Armored Vehicles Upgrade and Retrofit Consumption Value by Application (2019-2030)
  • 6.3 North America Armored Vehicles Upgrade and Retrofit Market Size by Country
    • 6.3.1 North America Armored Vehicles Upgrade and Retrofit Consumption Value by Country (2019-2030)
    • 6.3.2 United States Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Armored Vehicles Upgrade and Retrofit Consumption Value by Type (2019-2030)
  • 7.2 Europe Armored Vehicles Upgrade and Retrofit Consumption Value by Application (2019-2030)
  • 7.3 Europe Armored Vehicles Upgrade and Retrofit Market Size by Country
    • 7.3.1 Europe Armored Vehicles Upgrade and Retrofit Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 7.3.3 France Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Armored Vehicles Upgrade and Retrofit Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Armored Vehicles Upgrade and Retrofit Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Armored Vehicles Upgrade and Retrofit Market Size by Region
    • 8.3.1 Asia-Pacific Armored Vehicles Upgrade and Retrofit Consumption Value by Region (2019-2030)
    • 8.3.2 China Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 8.3.5 India Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Armored Vehicles Upgrade and Retrofit Consumption Value by Type (2019-2030)
  • 9.2 South America Armored Vehicles Upgrade and Retrofit Consumption Value by Application (2019-2030)
  • 9.3 South America Armored Vehicles Upgrade and Retrofit Market Size by Country
    • 9.3.1 South America Armored Vehicles Upgrade and Retrofit Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Armored Vehicles Upgrade and Retrofit Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Armored Vehicles Upgrade and Retrofit Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Armored Vehicles Upgrade and Retrofit Market Size by Country
    • 10.3.1 Middle East & Africa Armored Vehicles Upgrade and Retrofit Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Armored Vehicles Upgrade and Retrofit Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Armored Vehicles Upgrade and Retrofit Market Drivers
  • 11.2 Armored Vehicles Upgrade and Retrofit Market Restraints
  • 11.3 Armored Vehicles Upgrade and Retrofit Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Armored Vehicles Upgrade and Retrofit Industry Chain
  • 12.2 Armored Vehicles Upgrade and Retrofit Upstream Analysis
  • 12.3 Armored Vehicles Upgrade and Retrofit Midstream Analysis
  • 12.4 Armored Vehicles Upgrade and Retrofit Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Armored Vehicles Upgrade and Retrofit. Industry analysis & Market Report on Armored Vehicles Upgrade and Retrofit is a syndicated market report, published as Global Armored Vehicles Upgrade and Retrofit Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Armored Vehicles Upgrade and Retrofit market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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