by The global armored vehicle upgrade and retrofit market size accounted for US$ 6.8 Bn in 2022 and is projected to reach around USD 10.77 Bn by 2032, growing at a CAGR of 4.71% from 2023 to 2032.
Report Summary
The global armored vehicle upgrade and retrofit market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the armored vehicle upgrade and retrofit market across the globe.
A comprehensive estimate on the armored vehicle upgrade and retrofit market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of armored vehicle upgrade and retrofit during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Armored Vehicle Upgrade and Retrofit Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 7.12 Billion |
| Market Size by 2032 | USD 10.77 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 4.71% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized armored vehicle upgrade and retrofit market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
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Armored Vehicle Upgrade and Retrofit Market Players
The report includes the profiles of key armored vehicle upgrade and retrofit market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- Rheinmetall AG
- General Dynamics Corporation
- Elbit Systems Ltd
- Textron Inc.
- BAE Systems PLC
- Oshkosh Corporation
- FNSS Savunma Sistemleri
- Nexter Group
- Thales Group
- RUAG Group
- Patria Group
- Bharat Electronics Limited (BEL)
Market Segmentation
By Type
- Armored Personnel Carrier (APC)
- Infantry Fighting Vehicle (IFV)
- Mine-resistant Ambush Protected (MRAP)
- Main Battle Tank (MBT)
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Armored Vehicle Upgrade and Retrofit Market
5.1. COVID-19 Landscape: Armored Vehicle Upgrade and Retrofit Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics 6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Armored Vehicle Upgrade and Retrofit Market, By Type
8.1. Armored Vehicle Upgrade and Retrofit Market Revenue and Volume, by Type, 2023-2032
8.1.1. Armored Personnel Carrier (APC)
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Infantry Fighting Vehicle (IFV)
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Mine-resistant Ambush Protected (MRAP)
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Main Battle Tank (MBT)
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
8.1.5. Others
8.1.5.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Armored Vehicle Upgrade and Retrofit Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.1.2. U.S.
9.1.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.2.2. UK
9.2.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.2.3. Germany
9.2.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.2.4. France
9.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.2.5. Rest of Europe
9.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.3.2. India
9.3.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.3.3. China
9.3.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.3.4. Japan
9.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.4.2. GCC
9.4.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.4.3. North Africa
9.4.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.4.4. South Africa
9.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.5.2. Brazil
9.5.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
Chapter 10. Company Profiles
10.1. Rheinmetall AG
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. General Dynamics Corporation
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Elbit Systems Ltd
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Textron Inc.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. BAE Systems PLC
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Oshkosh Corporation
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. FNSS Savunma Sistemleri
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Nexter Group
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Thales Group
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. RUAG Group
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or t犀利士
he Asia Pacific.
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