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Armored Personnel Carrier Trends and Forecast
The future of the global armored personnel carrier market looks promising with opportunities in the military and law enforcement markets. The global armored personnel carrier market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are increasing demand for enhanced survivability and mobility in conflict zones and growing global security concerns and geopolitical tensions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Armored Personnel Carrier by Segment
The study includes a forecast for the global armored personnel carrier by design, configuration, end use, and region.
Armored Personnel Carrier Market by Design [Shipment Analysis by Value from 2018 to 2030]:
• Wheeled APC
• Tracked APC
Armored Personnel Carrier Market by Configuration [Shipment Analysis by Value from 2018 to 2030]:
• Amphibious
• Non-Amphibious
Armored Personnel Carrier Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Military
• Law Enforcement
• Others
Armored Personnel Carrier Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Armored Personnel Carrier Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies armored personnel carrier companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the armored personnel carrier companies profiled in this report include-
• BAE Systems
• DRB-HICOM Defence Technologies
• BHD
• FNSS Savunma Sistemleri
• General Dynamics
• Hanwha Defense Systems
• Nurol Makina ve Sanayi
• Terradyne Armored Vehicles
• Iveco - Oto Melara Consortium
• Katmerciler
Armored Personnel Carrier Market Insights
Lucintel forecasts that wheeled is expected to witness the higher growth over the forecast period.
Within this market, military is expected to witness the higher growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Armored Personnel Carrier Market
Market Size Estimates: Armored personnel carrier market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Armored personnel carrier market size by design, configuration, end use, and region in terms of value ($B).
Regional Analysis: Armored personnel carrier market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different designs, configurations, end uses, and regions for the armored personnel carrier market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the armored personnel carrier market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for armored personnel carrier market?
Answer: The global armored personnel carrier market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the armored personnel carrier market?
Answer: The major drivers for this market are increasing demand for enhanced survivability and mobility in conflict zones and growing global security concerns and geopolitical tensions.
Q3. What are the major segments for armored personnel carrier market?
Answer: The future of the armored personnel carrier market looks promising with opportunities in the military and law enforcement markets.
Q4. Who are the key armored personnel carrier market companies?
Answer: Some of the key armored personnel carrier companies are as follows:
• BAE Systems
• DRB-HICOM Defence Technologies
• BHD
• FNSS Savunma Sistemleri
• General Dynamics
• Hanwha Defense Systems
• Nurol Makina ve Sanayi
• Terradyne Armored Vehicles
• Iveco - Oto Melara Consortium
• Katmerciler
Q5. Which armored personnel carrier market segment will be the largest in future?
Answer: Lucintel forecasts that wheeled is expected to witness the higher growth over the forecast period.
Q6. In armored personnel carrier market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the armored personnel carrier market by design (wheeled APC and tracked APC), configuration (amphibious and non-amphibious), end use (military, law enforcement, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Armored Personnel Carrier Market, Armored Personnel Carrier Market Size, Armored Personnel Carrier Market Growth, Armored Personnel Carrier Market Analysis, Armored Personnel Carrier Market Report, Armored Personnel Carrier Market Share, Armored Personnel Carrier Market Trends, Armored Personnel Carrier Market Forecast, Armored Personnel Carrier Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Armored Personnel Carrier Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Armored Personnel Carrier Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Armored Personnel Carrier Market by Design
3.3.1: Wheeled APC
3.3.2: Tracked APC
3.4: Global Armored Personnel Carrier Market by Configuration
3.4.1: Amphibious
3.4.2: Non-Amphibious
3.5: Global Armored Personnel Carrier Market by End Use
3.5.1: Military
3.5.2: Law Enforcement
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Armored Personnel Carrier Market by Region
4.2: North American Armored Personnel Carrier Market
4.2.2: North American Armored Personnel Carrier Market by End Use: Military, Law Enforcement, and Others
4.3: European Armored Personnel Carrier Market
4.3.1: European Armored Personnel Carrier Market by Design: Wheeled APC and Tracked APC
4.3.2: European Armored Personnel Carrier Market by End Use: Military, Law Enforcement, and Others
4.4: APAC Armored Personnel Carrier Market
4.4.1: APAC Armored Personnel Carrier Market by Design: Wheeled APC and Tracked APC
4.4.2: APAC Armored Personnel Carrier Market by End Use: Military, Law Enforcement, and Others
4.5: ROW Armored Personnel Carrier Market
4.5.1: ROW Armored Personnel Carrier Market by Design: Wheeled APC and Tracked APC
4.5.2: ROW Armored Personnel Carrier Market by End Use: Military, Law Enforcement, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Armored Personnel Carrier Market by Design
6.1.2: Growth Opportunities for the Global Armored Personnel Carrier Market by Configuration
6.1.3: Growth Opportunities for the Global Armored Personnel Carrier Market by End Use
6.1.4: Growth Opportunities for the Global Armored Personnel Carrier Market by Region
6.2: Emerging Trends in the Global Armored Personnel Carrier Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Armored Personnel Carrier Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Armored Personnel Carrier Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BAE Systems
7.2: DRB-HICOM Defence Technologies
7.3: BHD
7.4: FNSS Savunma Sistemleri
7.5: General Dynamics
7.6: Hanwha Defense Systems
7.7: Nurol Makina ve Sanayi
7.8: Terradyne Armored Vehicles
7.9: Iveco - Oto Melara Consortium
7.10: Katmerciler
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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