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North America Armored Vehicle Market

  • Report Code: AR 1000
  • Publish Date: Upcoming
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The North American armored vehicle market is expected to grow at a CAGR of 0.6%. This report provides a market analysis of the North America armored vehicle market over the next five years. It contains the analysis of drivers, challenges, and restraints that impact the industry. It also discusses the industry trends that currently prevail in the armored vehicle market. 


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


The emergence of sequestration is shrinking the military budget to an enormous extent, which was visible in the current U.S. budget. The U.S. is expected to continue downsizing their forces and procure less armored vehicle, as the thirteen year long Afghan war recently concluded. However, there will be a considerable level of expenditure on the existing forces.


There are three major armored vehicle programs that are expected to continue in the coming five years, namely light, unmanned and amphibious, armored vehicles. This investment would help the U.S. sustain its position in the global armored vehicle market. Though its growth rate as well as share in the market would fall, but it will continue to hold the highest share in this market.





  • 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 Executive Summary


2 Introduction
2.1 Objectives
2.2 Report Description
2.3 Markets Covered
2.4 Stakeholders
2.5 Research Methodology


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 Environmental Threat Opportunity (Etop) Analysis


4 North American Armored vehicle market
4.1Declining Market


5 Country Analysis
5.1 Canada Market
5.2 U.S. Market


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


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

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