Military Vehicular Armor Market is pegged at over $519 million in 2018 and is expected to reach 5.20% with US$861 million by 2028

“The Global Military Vehicular Armor Market 2018-2028”
The study of the Military Vehicular Armor market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. The study provides a 360° view and insights, outlining the key outcomes of the industry.

A new independent 169 page research with title ‘The Global Military Vehicular Armor Market 2018-2028’ guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like USA, EMEA & APAC  and important players/vendors such as BAE Systems, TenCate  Armor, Roketsan With n-number of tables and figures examining the Military Vehicular Armor, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.

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The changing warfare scenario from conventional to asymmetric warfare is driving the militaries around the world to invest on enhanced armor capable of withstanding new forms of ammunition and attack tactics. Furthermore growing mechanization of ground forces within armies of emerging powers such as India, Pakistan, China, and Saudi Arabia is also one of the drivers of the market.


The Global Military Vehicular Armor Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for vehicular armor, key market trends, and challenges faced by industry participants.


– The cumulative market for global expenditure on vehicular armor market will reach US$7.5 billion over the forecast period.

– The market consists of six categories: MBT armor, IFV armor, APC armor, MRAP armor, LMV armor, and tactical truck armor.

– The market is expected to be dominated by LMV armor, which will account for 27.8% of the overall revenue, followed by MBT armor and IFV armor with shares of 26.9% and 11.9% respectively.

– APC armor, tactical truck armor and MRAP armor segments are projected to cumulatively account for share of 33.4% during 2018-2028

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Reasons to buy

– Determine prospective investment areas based on a detailed trend analysis of the global military vehicular armor market over the next ten years

– Gain in-depth understanding about the underlying factors driving demand for different military vehicular armor segments in the top spending countries across the world and identify the opportunities offered by each of them

– Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

– Identify the major channels that are driving the global military vehicular armor market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

– Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military vehicular armor market

– Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top vehicular armor suppliers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Companies Mentioned in the Report

General Dynamics Ordnance & Tactical Systems

Nexter SA




BAE Systems

TenCate Armor


IBD Deisenroth Engineering

AmSafe BridPort


Fidelity Technologies

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Table of Contents

Executive Summary 07

Global Military Vehicular Armor Market – Overview 10

Global Military Vehicular Armor By Region, 2018-2028

Global Military Vehicular Armor By Segment, 2018-2028

Market Dynamics 15

Demand Drivers: Analysis of factors that trigger spending within the sector

Trends: Prevalent practices, industry consolidation and procurement patterns within the market

Technological Developments: New products, processes and innovation


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