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Middle East Armored Vehicle Market

  • Report Code: AR 1001
  • Publish Date: Upcoming
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The main purpose of armored vehicle is to protect soldiers from CBRN or mine attacks. Special vehicles such as Mine-Resistant Ambush Protected Vehicles (MRAPs) have been introduced to accomplish the purpose. Until 2012, around 42,000 MRAPs were produced with an overall expenditure of $47.7 billion.


The Middle East armored vehicle market has reached a value of $1,144.64 million in 2014 and is estimated to reach a value of $1,798.42 million by 2019, growing at a CAGR of approximately 9.46% during this period. Internal and external security threats are the major drivers of the armored vehicle market. The major challenges for armored vehicle market are the extreme dependence on the defense sector and continuous political tensions from neighboring countries. MRAPs have the highest market value in the study period compared to other products.


The key players in the Middle East armored vehicle market include BAE Systems, General Dynamics Corporation, Oshkosh Corporation, Lockheed Martin, Thales, Navistar, Elbit Systems, Textron, Krauss-Maffei Wegmann, and Rheinmetall AG. Rheinmetall AG holds the highest share in the Middle East armored vehicle market.


The purpose of the Middle East armored vehicles market report is to identify the various applications, technologies involved, products, and distribution channels of the Middle Eastern armored vehicle market. It contains a deep dive analysis of market segmentation which comprises technology type, products, applications, and countries. The segmentation of products includes main battle tanks, light protected vehicles, armored personal carriers, amphibious armored vehicles, unmanned ground vehicles, and mine-resistant ambush protected vehicles. Tracking and analysis of competitive developments such as alliances, joint ventures, mergers and acquisitions are covered in the report. It also provides the restraints impacting the growth of the market and its industry.





  • Financials
  • Macro Indicator Data
  • M&A Data
  • Budget and Defense Program Information



  • In-depth analysis of the company’s product portfolio
  • Competitive landscape (revenue, operating margin, marginal cost, P/E ratio, EPS, developments/deals/events)
  • Ratio analysis


3.REGION-SPECIFIC INFORMATION (North America, Europe, APAC, Middle East, and RoW)


This covers market sizing/mapping, global footprint, operation and financials information, and the competitive landscape. The MMM offering will cover a detailed market study of the point(s) mentioned below:

  • Country wise international arms transfer and suppliers and recipients of conventional weapons



  • Product and technological advancements/Latest innovation and development
  • Demand and supply analysis
  • Market consolidation (M&A, joint ventures, divestment, and spin-off)
  • Export/Import data
  • Industrial production and capacity optimization data


5.GLOBAL FORECAST NUMBERS/OUTLOOK (Historical and Forecast by Year)

  • Milicas (Military Aircraft) and Helicas (Military Rotary Wing, i.e., Helicopter)



  • Time Series
  • Regression Analysis


7.DEFENSE PROGRAMS (By Name, Type, User, Spending by year in $ million, Prime contractor, Program status)


Programs Covered

  • Aircraft Programs
  • Ground Vehicle Programs
  • Missile Programs
  • Naval Programs
  • Vehicle Programs



  • Impact of sequestration on defense programs
  • Programs impacted due to budget cuts
  • Impact on company’s overall revenue, operation, and profitability




A comprehensive analysis that helps understand potential growth markets based on parameters like:

  • GDP percentage with respect to military expenditure of a particular country
  • Defense review of countries active in this market



  • Usage pattern (in-depth trend analysis) of products (segment wise)
  • Product matrix which gives a detailed comparison of the product portfolio of each company mapped at country and sub-segment level
  • End-user adoption rate analysis of products (segment wise and country wise)
  • Comprehensive coverage of product approvals, pipeline products, and product recalls




Coverage - Vendor analysis, vendor financing, self/customer funding, and distribution network

1 Introduction
1.1 Objectives
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology

2 Executive Summary

3 Market Overview
3.1 Market Definition
3.2 Armored Vehicle Market Segmentation
3.2.1 By Country
3.2.3 By Application
3.2.4 By Product
3.2.5 By Technology
3.3 Market Share Analysis
3.4 Market Dynamics
3.4.1 Drivers Internal And External Security Threats Commercial Security Consciousness
3.4.2 Restraints Uncertain Financial Environment Lack of Clarity towards Investment
3.4.3 Challenges Social Aspects Political Consideration
3.5 Armored Vehicle Market Environmental Threat Opportunity (Etop)Analysis


4 The Middle EastArmored vehicle market
4.1 The Middle East: Rising Armored Vehicle Market


5 Country Analysis
5.1 Canada
5.2 U.S.


6 Competitive Landscape
6.1 Market Share Analysis, By Company
6.2 Market Share Analysis, By Region

7 Company Profiles
7.1 The Middle East - BAE Systems
7.2 The Middle East - General Dynamics Corporation
7.3 The Middle East -Elbit Systems
7.4 The Middle East - Navistar International Corporation
7.5 The Middle East - Lockheed Martin
7.6 The Middle East - Textron, Inc.
7.7 The Middle East -Oshkosh Corporation
7.8 The Middle East - Krauss-Maffei Wegmann
7.9 The Middle East - Iveco
7.10 The Middle East - Rheinmetall Ag

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