Armored Vehicles Market by Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Ground Vehicles), Mobility (Wheeled, Tracked), Propulsion (Conventional, Electric), System, Operation Mode, Point of Sale and Region - Global Forecast to 2030
The armored vehicles market is estimated at USD 51.6 billion in 2025 and is projected to reach USD 60.7 billion by 2030 at a CAGR of 3.3% from 2025 to 2030. Nations facing territorial disputes or border tensions, such as those in regions like South Asia, Eastern Europe, and the Middle East, are compelled to bolster their defense capabilities, including the acquisition of armored vehicles. These conflicts heighten the demand for advanced military equipment to ensure territorial integrity and protect national borders. As a result, governments allocate substantial budgets toward the procurement of armored vehicles equipped with cutting-edge technology, enhancing their combat capabilities and readiness to respond to potential threats. Additionally, the need to maintain peace and security amid border disputes fosters continuous investment in armored vehicles, sustaining market growth over the forecast period.
Scope of the Report
Years Considered for the Study
2020-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
Value (USD Billion)
Segments
By Satellite Mass, Application, End Use, Frequency, Subsystem, and Region
Regions covered
North America, Europe, APAC, RoW
"Based on type, the conventional armored vehicles segment is estimated to have the largest market share in 2025."
Conventional armored vehicles are estimated to hold the largest market of the armored vehicles market because of their established utility, extensive use, and continuous upgrading. They make up the backbone of mechanized ground forces with their facilitating capabilities in firepower, mobility, and protection for offense and defense operations.
Even with the introduction of drones and hybrid platforms, traditional armored vehicles are still crucial in combined arms and high-intensity combat, where kinetic effectiveness and survivability are a top priority. The continuing investments of principal military forces in fleet refurbishment-through enhanced armor, active protection packages, digital fire control, and networked battle management-are prolonging the service and shelf life of these systems. European, Asian, and Middle Eastern countries are procuring or modernizing conventional systems to counter evolving threats, particularly against the backdrop of increasing geopolitical tensions and shifting defense needs. These programs include the US Army M1A2 SEP upgrades, the Polish procurement of the K2 tank, and NATO's emphasis on tracked mobility to further this trend.
"Based on platform, the combat vehicles segment is estimated to have the largest market share in 2025."
Combat vehicles are expected to lead the armored vehicles market since they are the frontline edge of combat, force projection, and battlefield superiority. Main battle tanks (MBTs), infantry fighting vehicles (IFVs), and armored assault and reconnaissance vehicles are all part of this segment and are essential to modern land warfare doctrine. They are the model force-projection vehicle balance of firepower, defense, and mobility, allowing forces to be offensive or defensive in traditional and hybrid war environments.
The renewed red-hot fighting, as with that ongoing in Ukraine, has revalidated the utility of armored combat vehicles in their role of attacking heavily defended positions, assisting infantry, and securing control of territory. Hence, countries are investing quickly in either refurbishing older combat fleets or procuring next-generation systems with active defense systems, networked command systems, and modular, packaged armor.
"The Asia Pacific region is estimated to capture a significant market share in 2025."
The Asia Pacific region is estimated to be a major armored vehicles market due to increased defense spending, regional competition, and enormous modernization initiatives. China, India, South Korea, Australia, and Japan are all leading countries actively building and improving their ground forces to respond to a wide range of conventional and unconventional threats. It includes strengthening perimeter defenses, developing rapid deployment capabilities, and gearing up for expected high-intensity combat environments.
The constant border conflicts in the South China Sea, increased border tensions along the India-China and Korean Peninsula borders, and strategic positioning by China's military expansion have encouraged many countries in the region to invest in MBTs, IFVs, and wheeled armored vehicles. Projects such as India's Future Infantry Combat Vehicle (FICV), Australia's LAND 400, and South Korea's K2 export programs are driving local production as well as global cooperation.
Furthermore, the Asia Pacific region is emerging as a manufacturing and export hub, with countries such as South Korea and India entering international markets through defense cooperation and technology transfer.
Breakdown of Primary Interviews
The breakdown of the profile of primary participants in the armored vehicles market is as follows:
By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C Level - 35%, Director Level - 25%, and Others - 40%
By Region: North America - 25%, Europe - 15%, Asia Pacific - 45%, Middle East - 10%, and the Rest of the World (RoW) - 5%
Major companies profiled in the report include Rheinmetall AG (Germany), General Dynamics Corporation (US), Oshkosh Corporation (US), BAE Systems (UK), and Hanwha Defense (South Korea), among others.
Research Coverage:
This market study covers the armored vehicles market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on region. This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.
Reasons to Buy this Report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Armored Vehicles market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.
The armored vehicles market experiences growth and evolution driven by various factors. Rising geopolitical tensions and terrorism are compelling countries to enhance defense capabilities, fueling demand for armored vehicles. Global military modernization programs aiming to replace aging fleets with advanced technology-equipped vehicles are further driving the market. The report provides insights into the following points:
Market drivers (improving ISR and target acquisition capabilities of defense forces, increasing demand for armored vehicles to tackle cross-border conflicts, rising incidence of asymmetric warfare across the globe, and increased defense spending), restraints (occurrence of mechanical and electrical failure in armored vehicles and survivability issues), opportunities (rising technology integration and upgrades in military vehicles, rising adoption of lifecycle optimization strategies for sustainment, military modernization plans across the globe) challenges (hardware and software malfunctions and high costs of main battle tanks)
Market Penetration: Comprehensive information on armored vehicles offered by the top players in the market
Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product launches in the armored vehicles market
Market Development: Comprehensive information about lucrative markets (the report analyzes the armored vehicles market across varied regions)
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the armored vehicles market
Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the armored vehicles market
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARMORED VEHICLES MARKET
4.2 ARMORED VEHICLES MARKET, BY PLATFORM
4.3 ARMORED VEHICLES MARKET, BY MOBILITY
4.4 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
4.5 ARMORED VEHICLES MARKET, BY TYPE
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising military modernization programs
5.2.1.2 Growing demand for armored vehicles to tackle cross-border conflicts
5.2.1.3 Rising incidences of asymmetric warfare
5.2.1.4 Increased global defense spending
5.2.2 RESTRAINTS
5.2.2.1 Susceptibility to mechanical and electrical failures
5.2.2.2 Survivability risks for personnel onboard armored vehicles
5.2.3 OPPORTUNITIES
5.2.3.1 Rising technology integration and upgrades in military vehicles
5.2.3.2 Adoption of lifecycle optimization strategies for sustainment
5.2.3.3 Surge in demand for light armored vehicles in asymmetric warfare
5.2.3.4 Increasing procurement of unmanned systems by defense forces
5.2.3.5 Rise of next-gen amphibious and arctic-capable platforms
5.2.4 CHALLENGES
5.2.4.1 Hardware and software malfunctions
5.2.4.2 High costs of main battle tanks
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.4 ECOSYSTEM ANALYSIS
5.4.1 PROMINENT COMPANIES
5.4.2 PRIVATE AND SMALL ENTERPRISES
5.4.3 END USERS
5.5 VOLUME DATA
5.6 PRICING ANALYSIS
5.7 VALUE CHAIN ANALYSIS
5.8 TECHNOLOGY ROADMAP
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.9.2 BUYING CRITERIA
5.10 USE CASE ANALYSIS
5.10.1 VEHICLE INTEGRATION FOR C4ISR/EW INTEROPERABILITY (VICTORY) INITIATIVE
5.10.2 ELECTRIC FORCE FIELD FOR ARMORED VEHICLES
5.10.3 SEE-THROUGH ARMOR
5.10.4 OSHKOSH PROPULSION HYBRID DIESEL-ELECTRIC SYSTEM
5.10.5 ADAPTIVE CAMOUFLAGE SYSTEM
5.11 KEY CONFERENCES AND EVENTS, 2024-2025
5.12 TRADE ANALYSIS
5.12.1 EXPORT DATA
5.12.2 IMPORT DATA
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGY
5.13.1.1 Design and implementation of solar-powered armored vehicles
5.13.1.2 Development of multi-payload unmanned armored vehicles
5.13.2 COMPLEMENTARY TECHNOLOGY
5.13.2.1 Electro-optical and radar sensor payloads for unmanned armored vehicles
5.14 BILL OF MATERIALS
5.15 TOTAL COST OF OWNERSHIP
5.16 BUSINESS MODELS
5.17 REGULATORY LANDSCAPE
5.18 INVESTMENT AND FUNDING SCENARIO
5.19 IMPACT OF 2025 US TARIFFS - OVERVIEW
5.19.1 INTRODUCTION
5.19.2 KEY TARIFF RATES
5.19.3 PRICE IMPACT ANALYSIS
5.19.4 IMPACT ON COUNTRY/REGION
5.19.4.1 US
5.19.4.2 Europe
5.19.4.3 Asia Pacific
5.19.4.4 Impact on end users
5.20 IMPACT OF AI
5.20.1 INTRODUCTION
5.20.2 IMPACT OF AI ON DEFENSE INDUSTRY
5.20.3 ADOPTION OF AI IN MILITARY BY TOP COUNTRIES
5.20.4 IMPACT OF AI ON ARMORED VEHICLES MARKET
5.21 MACROECONOMIC OUTLOOK
5.21.1 INTRODUCTION
5.21.2 NORTH AMERICA
5.21.3 EUROPE
5.21.4 ASIA PACIFIC
5.21.5 MIDDLE EAST
5.21.6 REST OF THE WORLD
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 ACTIVE PROTECTION SYSTEM
6.2.1.1 Soft-kill technology
6.2.1.2 Electro-optical jammer
6.2.1.3 Hard-kill technology
6.2.2 REACTIVE ARMOR TECHNOLOGY
6.2.3 PROGRAMMABLE AMMUNITION
6.2.4 LINKLESS FEED SYSTEM
6.2.5 AMMUNITION FEED CHUTE
6.2.6 SENSOR FUSION TECHNOLOGY
6.3 IMPACT OF MEGATRENDS
6.3.1 IMPROVED AMMUNITION CARRYING CAPABILITY
6.3.2 INNOVATIONS IN MICRO-ELECTROMECHANICAL SYSTEM AND NANOTECHNOLOGY
6.3.3 INTEROPERABLE COMMUNICATION SYSTEM
6.3.4 ADVANCED AUTOLOADER
6.4 SUPPLY CHAIN ANALYSIS
6.5 PATENT ANALYSIS
7 ARMORED VEHICLES MARKET, BY PLATFORM
7.1 INTRODUCTION
7.2 COMBAT VEHICLES
7.2.1 MAIN BATTLE TANKS
7.2.1.1 Surge in upgrade and procurement programs to drive growth
7.2.1.2 Use case: Leopard 2A7 in NATO Forward Presence Operations in Lithuania by Krauss-Maffei Wegmann
7.2.2 INFANTRY FIGHTING VEHICLES
7.2.2.1 Ongoing developments by prominent defense companies and governments to drive growth
7.2.2.2 Use case: BMP-2 IFV Used by Indian Army in Eastern Ladakh Patrols by Ordnance Factory Board
7.2.3 ARMORED PERSONNEL CARRIERS
7.2.3.1 Significant investments in defense armored vehicles to drive growth
7.2.3.2 Use case: Stryker APC in NATO Peacekeeping Missions in Eastern Europe by General Dynamics Land Systems
7.2.4 ARMORED AMPHIBIOUS VEHICLES
7.2.4.1 Innovations in propulsion technology and hull design to drive growth
7.2.4.2 Use case: USMC AAV-7 deployment in Pacific Amphibious Assault Drills by BAE Systems
7.2.5 MINE-RESISTANT AMBUSH-PROTECTED VEHICLES
7.2.5.1 Need for protection against rocket-propelled grenades and small arms to drive growth
7.2.5.2 Use case: Oshkosh M-ATV in US Special Forces Operations in Africa by Oshkosh Defense
7.2.6 LIGHT ARMORED VEHICLES
7.2.6.1 Need for rapid response in fluid combat situations to drive growth
7.2.6.2 Use case: Canadian LAV III in UN Peacekeeping Operations in Mali by General Dynamics Land Systems - Canada
7.2.7 SELF-PROPELLED HOWITZERS
7.2.7.1 Advanced targeting technologies and powerful munitions to drive growth
7.2.7.2 Use case: K9 Thunder self-propelled howitzer in South Korean artillery deterrence along DMZ by Hanwha Aerospace
7.2.8 AIR DEFENSE VEHICLES
7.2.8.1 Trend toward fully automated air defense systems to drive growth
7.2.8.2 Use case: Pantsir-S1 Air Defense Vehicle in Syrian Theater by KBP Instrument Design Bureau
7.2.9 ARMORED MORTAR CARRIERS
7.2.9.1 Ability to provide increased firepower and mobility to drive growth
7.2.9.2 Use case: M1129 Stryker Mortar Carrier in US mechanized infantry units by General Dynamics Land Systems
7.3 COMBAT SUPPORT VEHICLES
7.3.1 ARMORED SUPPLY TRUCKS
7.3.1.1 Focus on ensuring secure delivery of vital supplies to frontline units to drive growth
7.3.1.2 Armored fuel trucks
7.3.1.3 Armored ammunition replenishment vehicles
7.3.1.4 Armored ambulances
7.3.2 ARMORED COMMAND & CONTROL VEHICLES
7.3.2.1 Seamless integration with existing military systems to drive growth
7.3.2.2 Use case: Boxer Command Variant used by Ukrainian Forces for tactical control near Bakhmut by ARTEC
7.3.3 REPAIR & RECOVERY VEHICLES
7.3.3.1 Need for towing or repairing combat vehicles on battlefields to drive growth
7.3.3.2 Use case: M88A2 Hercules Deployed by US Forces in Iraq for armored vehicle recovery by BAE Systems
7.3.4 BRIDGE-LAYING TANKS
7.3.4.1 Operational readiness to drive growth
7.3.4.2 Use case: Russian MTU-90 Bridge-laying tank used in river crossings during Donbas offensive by Uralvagonzavod
7.3.5 MINE CLEARANCE VEHICLES
7.3.5.1 High demand for prevention of mine blasts and other battlefield hazards to drive growth
7.3.5.2 Use case: French Aravis SOUVIM 2 used in Sahel region for IED & mine clearance during Operation Barkhane by Nexter Systems
7.4 UNMANNED ARMORED GROUND VEHICLES
7.4.1 INCREASING DEMAND FOR AUTONOMIC DECISION-MAKING CAPABILITIES IN COMPLEX REMOTE OPERATIONS TO DRIVE GROWTH
7.4.1.1 Use case: Milrem THeMIS used for unmanned CASEVAC, ISR patrols, and remote weapon firing support by Milrem Robotics
8 ARMORED VEHICLES MARKET, BY TYPE
8.1 INTRODUCTION
8.2 ELECTRIC ARMORED VEHICLES
8.2.1 EMPHASIS ON REDUCING DEPENDENCE ON FOSSIL FUELS TO DRIVE GROWTH
8.3 CONVENTIONAL ARMORED VEHICLES
8.3.1 HIGHER POWER OUTPUT AND PERFORMANCE TO DRIVE GROWTH
9 ARMORED VEHICLES MARKET, BY MOBILITY
9.1 INTRODUCTION
9.2 WHEELED
9.2.1 NEED FOR IMPROVED MOBILITY DURING CRITICAL COMBAT OPERATIONS TO DRIVE GROWTH
9.2.2 4X4
9.2.3 6X6
9.2.4 8X8
9.2.5 10X10
9.2.6 12X12
9.3 TRACKED
9.3.1 ONGOING MILITARY MODERNIZATION EFFORTS TO DRIVE GROWTH
10 ARMORED VEHICLES MARKET, BY MODE OF OPERATION
10.1 INTRODUCTION
10.2 MANNED
10.2.1 NEED FOR ROBUST LAND COMBAT PLATFORMS TO DRIVE GROWTH
10.3 UNMANNED
10.3.1 DEVELOPMENT OF AUTONOMOUS TRUCKS FOR COMBAT SUPPORT TO DRIVE GROWTH
11 ARMORED VEHICLES MARKET, BY SYSTEM
11.1 INTRODUCTION
11.2 ENGINES
11.2.1 USE CASE: MTU 883 DIESEL ENGINE POWERING LEOPARD 2A7+ MBTS FOR ENHANCED POWER-TO-WEIGHT IN URBAN WARFARE
11.2.2 DIESEL ENGINES
11.2.3 TURBINE ENGINES
11.3 DRIVE SYSTEMS
11.3.1 USE CASE: HYBRID-ELECTRIC DRIVE IN RCV-LIGHT PROTOTYPE BY US ARMY FOR REDUCED THERMAL SIGNATURE AND SILENT MOBILITY
11.3.2 POWER TRANSMISSION DRIVES
11.3.3 SUSPENSION & BRAKING SYSTEMS
11.3.4 TRACKS & WHEELS
11.4 BALLISTIC ARMORS
11.4.1 USE CASE: COMPOSITE MODULAR ARMOR IN CV90 MKIV PROVIDING ADAPTIVE PROTECTION IN NATO OPERATIONS IN ESTONIA
11.4.2 COMPOSITE ARMORS
11.4.3 EXPLOSIVE REACTIVE ARMORS
11.4.4 ELECTRIC ARMORS
11.4.5 HOMOGENOUS ARMORS
11.4.6 DEPLETED URANIUM ARMORS
11.4.7 ADD-ON ARMORS
11.5 TURRET DRIVES
11.5.1 USE CASE: ALL-ELECTRIC TURRET DRIVE BY CURTISS-WRIGHT ON BOXER RCT 30 BY CURTISS-WRIGHT
11.6 AMMUNITION HANDLING SYSTEMS
11.7 FIRE CONTROL SYSTEMS
11.7.1 USE CASE: IRON VISION FCS ON MERKAVA MK4 BARAK FOR 360° SITUATIONAL AWARENESS IN CLOSED-HATCH MODE BY ELBIT SYSTEMS
11.8 ARMAMENTS
11.8.1 USE CASE: 30MM XM813 CHAIN GUN ON STRYKER DRAGOON FOR RAPID ENGAGEMENT BY NORTHROP GRUMMAN
11.9 COUNTERMEASURE SYSTEMS
11.9.1 USE CASE: TROPHY ACTIVE PROTECTION SYSTEM (APS) ON ISRAELI AND US ABRAMS TANKS TO INTERCEPT RPGS AND ATGMS IN GAZA BY RAFAEL ADVANCED DEFENSE SYSTEMS
11.10 COMMAND & CONTROL SYSTEMS
11.10.1 USE CASE: TACTICAL COMMAND SOFTWARE BY THALES ON ITS SCORPION VEHICLES
11.11 POWER SYSTEMS
11.11.1 USE CASE: AUXILIARY POWER UNITS (APUS) IN CHALLENGER 3 MBT ENABLING SILENT WATCH OPERATIONS AND ELECTRONIC SUB-SYSTEM SUPPORT
11.12 NAVIGATION SYSTEMS
11.12.1 USE CASE: INERTIAL NAVIGATION SYSTEM WITH GPS-DENIED CAPABILITY IN RHEINMETALL'S LYNX KF41 FOR MANEUVERING IN JAMMING ENVIRONMENTS BY RHEINMETALL AG
11.13 OBSERVATION & DISPLAY SYSTEMS
11.13.1 USE CASE: PANORAMIC DISPLAY AND SENSOR FUSION SUITE IN RHEINMETALL'S LYNX KF41 FOR ENHANCED CREW AWARENESS
11.14 HULLS/FRAMES
11.14.1 USE CASE: MODULAR HULL DESIGN IN PATRIA AMV XP ALLOWING MISSION-SPECIFIC CONFIGURATIONS BY PATRIA GROUP
12 ARMORED VEHICLES MARKET, BY POINT OF SALE
12.1 INTRODUCTION
12.2 OEM
12.3 RETROFIT
13 ARMORED VEHICLES MARKET, BY REGION
13.1 INTRODUCTION
13.2 NORTH AMERICA
13.2.1 PESTLE ANALYSIS
13.2.2 DEFENSE PROGRAMS: NORTH AMERICA
13.2.3 US
13.2.3.1 Collaborations and joint ventures between key players to drive growth
13.2.4 CANADA
13.2.4.1 Military modernization programs to drive growth
13.3 EUROPE
13.3.1 PESTLE ANALYSIS
13.3.2 DEFENSE PROGRAMS: EUROPE
13.3.3 UK
13.3.3.1 Surge in armored vehicle upgrade programs to drive growth
13.3.4 GERMANY
13.3.4.1 Focus on modernizing domestic armored personnel carrier fleets to drive growth
13.3.5 FRANCE
13.3.5.1 Procurement of new-generation combat vehicles to drive growth
13.3.6 POLAND
13.3.6.1 Increase in domestic defense spending to drive growth
13.3.7 REST OF EUROPE
13.4 ASIA PACIFIC
13.4.1 PESTLE ANALYSIS
13.4.2 DEFENSE PROGRAMS: ASIA PACIFIC
13.4.3 INDIA
13.4.3.1 Indigenous manufacturing and cross-border procurement to drive growth
13.4.4 JAPAN
13.4.4.1 Development of high-end military technologies to drive growth
13.4.5 AUSTRALIA
13.4.5.1 Rise in manufacturing of combat fleets to drive growth
13.4.6 SOUTH KOREA
13.4.6.1 Rising military exports drive market
13.4.7 REST OF ASIA PACIFIC
13.5 MIDDLE EAST
13.5.1 PESTLE ANALYSIS
13.5.2 DEFENSE PROGRAMS: MIDDLE EAST
13.5.3 GULF COOPERATION COUNCIL (GCC)
13.5.3.1 Saudi Arabia
13.5.3.1.1 Rising concerns over regional security to drive growth
13.5.3.2 UAE
13.5.3.2.1 Significant presence of prominent players to drive growth
13.5.4 REST OF MIDDLE EAST
13.6 REST OF THE WORLD
13.6.1 LATIN AMERICA
13.6.1.1 Increasing acquisition of modern armored vehicles to drive growth
13.6.2 AFRICA
13.6.2.1 Rising demand for unmanned military ground vehicles to drive growth
14 COMPETITIVE LANDSCAPE
14.1 INTRODUCTION
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024
14.3 MARKET RANKING ANALYSIS, 2024
14.4 MARKET SHARE ANALYSIS, 2024
14.5 REVENUE ANALYSIS, 2021-2024
14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
14.6.5 COMPANY FOOTPRINT
14.6.5.1 Company footprint
14.6.5.2 Mobility footprint
14.6.5.3 Platform footprint
14.6.5.4 Region footprint
14.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
14.7.5 COMPETITIVE BENCHMARKING
14.7.5.1 Key start-ups/SMEs
14.7.5.2 Competitive benchmarking of key start-ups/SMEs
14.8 COMPANY VALUATION AND FINANCIAL METRICS
14.9 BRAND/PRODUCT COMPARISON
14.10 COMPETITIVE SCENARIO
14.10.1 MARKET EVALUATION FRAMEWORK
14.10.2 PRODUCT LAUNCHES
14.10.3 DEALS
14.10.4 OTHERS
15 COMPANY PROFILES
15.1 KEY PLAYERS
15.1.1 RHEINMETALL AG
15.1.1.1 Business overview
15.1.1.2 Products/Solutions/Services offered
15.1.1.3 Recent developments
15.1.1.3.1 Product launches
15.1.1.3.2 Deals
15.1.1.3.3 Others
15.1.1.4 MnM view
15.1.1.4.1 Right to win
15.1.1.4.2 Strategic choices
15.1.1.4.3 Weaknesses and competitive threats
15.1.2 GENERAL DYNAMICS CORPORATION
15.1.2.1 Business overview
15.1.2.2 Products/Solutions/Services offered
15.1.2.3 Recent developments
15.1.2.3.1 Others
15.1.2.4 MnM view
15.1.2.4.1 Right to win
15.1.2.4.2 Strategic choices
15.1.2.4.3 Weaknesses and competitive threats
15.1.3 OSHKOSH CORPORATION
15.1.3.1 Business overview
15.1.3.2 Products/Solutions/Services offered
15.1.3.3 Recent developments
15.1.3.3.1 Others
15.1.3.4 MnM view
15.1.3.4.1 Right to win
15.1.3.4.2 Strategic choices
15.1.3.4.3 Weaknesses and competitive threats
15.1.4 BAE SYSTEMS
15.1.4.1 Business overview
15.1.4.2 Products/Solutions/Services offered
15.1.4.3 Recent developments
15.1.4.3.1 Others
15.1.4.4 MnM view
15.1.4.4.1 Right to win
15.1.4.4.2 Strategic choices
15.1.4.4.3 Weaknesses and competitive threats
15.1.5 HANWHA GROUP
15.1.5.1 Business overview
15.1.5.2 Products/Solutions/Services offered
15.1.5.3 Recent developments
15.1.5.3.1 Others
15.1.5.4 MnM view
15.1.5.4.1 Right to win
15.1.5.4.2 Strategic choices
15.1.5.4.3 Weaknesses and competitive threats
15.1.6 NORTHROP GRUMMAN
15.1.6.1 Business overview
15.1.6.2 Products/Solutions/Services offered
15.1.6.3 Recent developments
15.1.6.3.1 Others
15.1.7 LOCKHEED MARTIN CORPORATION
15.1.7.1 Business overview
15.1.7.2 Products/Solutions/Services offered
15.1.7.3 Recent developments
15.1.7.3.1 Others
15.1.8 THALES
15.1.8.1 Business overview
15.1.8.2 Products/Solutions/Services offered
15.1.8.3 Recent developments
15.1.8.3.1 Others
15.1.9 L3HARRIS TECHNOLOGIES, INC.
15.1.9.1 Business overview
15.1.9.2 Products/Solutions/Services offered
15.1.9.3 Recent developments
15.1.9.3.1 Deals
15.1.9.3.2 Others
15.1.10 ST ENGINEERING
15.1.10.1 Business overview
15.1.10.2 Products/Solutions/Services offered
15.1.10.3 Recent developments
15.1.10.3.1 Product launches
15.1.10.3.2 Deals
15.1.11 ELBIT SYSTEMS LTD.
15.1.11.1 Business overview
15.1.11.2 Products/Solutions/Services offered
15.1.11.3 Recent developments
15.1.11.3.1 Others
15.1.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
15.1.12.1 Business overview
15.1.12.2 Products/Solutions/Services offered
15.1.12.3 Recent developments
15.1.12.3.1 Others
15.1.13 HYUNDAI ROTEM COMPANY
15.1.13.1 Business overview
15.1.13.2 Products/Solutions/Services offered
15.1.13.3 Recent developments
15.1.13.3.1 Product launches
15.1.13.3.2 Others
15.1.14 TEXTRON INC.
15.1.14.1 Business overview
15.1.14.2 Products/Solutions/Services offered
15.1.15 OTOKAR OTOMOTIV VE SAVUNMA SANAYI
15.1.15.1 Business overview
15.1.15.2 Products/Solutions/Services offered
15.1.15.3 Recent developments
15.1.15.3.1 Others
15.1.16 DENEL SOC LTD.
15.1.16.1 Business overview
15.1.16.2 Products/Solutions/Services offered
15.1.16.3 Recent developments
15.1.16.3.1 Deals
15.1.17 KNDS
15.1.17.1 Business overview
15.1.17.2 Products/Solutions/Services offered
15.1.17.3 Recent developments
15.1.17.3.1 Deals
15.1.17.3.2 Others
15.1.18 FNSS
15.1.18.1 Business overview
15.1.18.2 Products/Solutions/Services offered
15.1.18.3 Recent developments
15.1.18.3.1 Product launches
15.1.18.3.2 Others
15.1.19 CHINA NORTH INDUSTRIES CORPORATION (NORINCO)