The latest update of “Global Armored Personnel Carrier Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Armored Personnel Carrier Market.
Overview of the Armored Personnel Carrier Market:
The Armored Personnel Carrier (APC) is a highly mobile vehicle with armor and a BFG. These vehicles are often used to transport troops and their equipment. While they aren't as versatile as a combat tank, they have the potential to carry a large squad. The Armored vehicle market is one of the most lucrative in the world. The most popular type of armored vehicle is the APC, which is also called a battle taxi. These vehicles are different from heavily armed infantry fighting vehicles in several ways. These vehicles are similar to modern light tanks, however, they are lighter. Their design makes them ideal for mobile warfare on open terrain, and they're easier to deploy abroad than tanks. Moreover, some of them are armed just as heavily as modern light tanks.
Market Drivers:
Rise in military expenditure and growing number of incidences of terrorism all over the world is expected to propel growth of the global armored personnel carrier market during the forecast period. According to the Stockholm International Peace Research Institute (SIPRI), the global military expenditure in 2020 was US$ 1.929 trillion.
Moreover, advancement in armored vehicle fleets is also expected to boost growth of the global armored personnel carrier market during the forecast period.
Market Restraints:
Factors such as the occurrence of electrical, mechanical, and other types of failure in armored vehicles is expected to limit growth of the global armored personnel carrier market during the forecast period.
Regional Insights:
Europe is expected to witness strong growth in the global armored personnel carrier market during the forecast period, owing to increasing investment in land capabilities, increased immediate security threats in south and east Europe, and presence of key players in the region. Furthermore, Asia Pacific is also expected to witness robust growth in the global armored personnel carrier market due to increasing terrorist activities in the region and rising spending on defense operations of middle-income countries.
Competitive Section:
Key players operating in the global armored personnel carrier market include Textron Inc., Oshkosh Corporation, Rheinmetall AG, UralVagonZavod, NORINCO, Ukroboronprom, BAE Systems plc, and General Dynamics Corporation.
In February 2021, Bharat Forge collaborated with Paramount Group, a global aerospace and technology company, for manufacturing armored vehicles in India.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Armored Personnel Carrier Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Armored Personnel Carrier Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- BAE Systems Plc (UK)
- DRB-HICOM Defense Technologies Sdn. Bhd (Malaysia)
- FNSS Savunma Sistemleri A.Ş. (Turkey)
- General Dynamics Corporation (US)
- Hanwha Defense Systems (South Korea)
- Nurol Makina ve Sanayi A.Ş. (Turkey)
- Terradyne Armored Vehicles Inc. (Canada)
- Iveco - Oto Melara Consortium (Italy)
- Katmerciler A.S. (Turkey)
- KMDB A.A. (Ukraine)
- Krauss-Maffei Wegmann GmbH & Co. KG (Bavaria)
- Rheinmetall AG (Germany)
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Armored Personnel Carrier Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Military
- Law Enforcement
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Armored Personnel Carrier Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Armored Personnel Carrier Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Armored Personnel Carrier Market
1.6.1 How the Covid-19 is Affecting the Armored Personnel Carrier Market
1.6.1.1 Armored Personnel Carrier Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Armored Personnel Carrier Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Armored Personnel Carrier Market Perspective (2015-2028)
2.2 Armored Personnel Carrier Market Growth Trends by Regions
2.2.1 Armored Personnel Carrier Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Armored Personnel Carrier Market Historic Market Share by Regions (2015-2021)
2.2.3 Armored Personnel Carrier Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Armored Personnel Carrier Market Growth Strategy
2.3.6 Primary Interviews with Key Armored Personnel Carrier Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Armored Personnel Carrier Market Players by Market Size
3.1.1 Global Top Armored Personnel Carrier Market Players by Revenue (2015-2021)
3.1.2 Global Armored Personnel Carrier Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Armored Personnel Carrier Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Armored Personnel Carrier Market Concentration Ratio
3.2.1 Global Armored Personnel Carrier Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Armored Personnel Carrier Market Revenue in 2019
3.3 Armored Personnel Carrier Market Key Players Head office and Area Served
3.4 Key Players Armored Personnel Carrier Market Product Solution and Service
3.5 Date of entering into Armored Personnel Carrier Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Armored Personnel Carrier Market Historic Market Size by Type (2015-2021)
4.2 Global Armored Personnel Carrier Market Forecasted Market Size by Type (2021-2028)
5 Armored Personnel Carrier Market Breakdown Data by Application (2015-2028)
5.1 Global Armored Personnel Carrier Market Size by Application (2015-2021)
5.2 Global Armored Personnel Carrier Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Armored Personnel Carrier Market Size (2015-2021)
6.2 Armored Personnel Carrier Market Key Players in North America (2019-2021)
6.3 North America Armored Personnel Carrier Market Size by Type (2015-2021)
6.4 North America Armored Personnel Carrier Market Size by Application (2015-2021)
7 Europe
7.1 Europe Armored Personnel Carrier Market Size (2015-2021)
7.2 Armored Personnel Carrier Market Key Players in Europe (2019-2021)
7.3 Europe Armored Personnel Carrier Market Size by Type (2015-2021)
7.4 Europe Armored Personnel Carrier Market Size by Application (2015-2021)
8 China
8.1 China Armored Personnel Carrier Market Size (2015-2021)
8.2 Armored Personnel Carrier Market Key Players in China (2019-2021)
8.3 China Armored Personnel Carrier Market Size by Type (2015-2021)
8.4 China Armored Personnel Carrier Market Size by Application (2015-2021)
9 Japan
9.1 Japan Armored Personnel Carrier Market Size (2015-2021)
9.2 Armored Personnel Carrier Market Key Players in Japan (2019-2021)
9.3 Japan Armored Personnel Carrier Market Size by Type (2015-2021)
9.4 Japan Armored Personnel Carrier Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Armored Personnel Carrier Market Size (2015-2021)
10.2 Armored Personnel Carrier Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Armored Personnel Carrier Market Size by Type (2015-2021)
10.4 Southeast Asia Armored Personnel Carrier Market Size by Application (2015-2021)
11 India
11.1 India Armored Personnel Carrier Market Size (2015-2021)
11.2 Armored Personnel Carrier Market Key Players in India (2019-2021)
11.3 India Armored Personnel Carrier Market Size by Type (2015-2021)
11.4 India Armored Personnel Carrier Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Armored Personnel Carrier Market Size (2015-2021)
12.2 Armored Personnel Carrier Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Armored Personnel Carrier Market Size by Type (2015-2021)
12.4 Central & South America Armored Personnel Carrier Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Armored Personnel Carrier Market Introduction
13.4 Armored Personnel Carrier Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Armored Personnel Carrier Market Key Market Segments
Table 2. Key Players Covered: Ranking by Armored Personnel Carrier Market Revenue
Table 3. Ranking of Global Top Armored Personnel Carrier Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Armored Personnel Carrier Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Armored Personnel Carrier Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Armored Personnel Carrier Market Players to Combat Covid-19 Impact
Table 10. Global Armored Personnel Carrier Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Armored Personnel Carrier Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Armored Personnel Carrier Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Armored Personnel Carrier Market Share by Regions (2015-2021)
Table 14. Global Armored Personnel Carrier Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Armored Personnel Carrier Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Armored Personnel Carrier Market Growth Strategy
Table 20. Main Points Interviewed from Key Armored Personnel Carrier Market Players
Table 21. Global Armored Personnel Carrier Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Armored Personnel Carrier Market Share by Players (2015-2021)
Table 23. Global Top Armored Personnel Carrier Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Armored Personnel Carrier Market as of 2019)
Table 24. Global Armored Personnel Carrier Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Armored Personnel Carrier Market Product Solution and Service
Table 27. Date of entering into Armored Personnel Carrier Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 30. Global Armored Personnel Carrier Market Size Share by Type (2015-2021)
Table 31. Global Armored Personnel Carrier Market Revenue Market Share by Type (2021-2028)
Table 31. Global Armored Personnel Carrier Market Size Share by Application (2015-2021)
Table 33. Global Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 34. Global Armored Personnel Carrier Market Size Share by Application (2021-2028)
Table 35. North America Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 37. North America Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 38. North America Armored Personnel Carrier Market Share by Type (2015-2021)
Table 39. North America Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 40. North America Armored Personnel Carrier Market Share by Application (2015-2021)
Table 41. Europe Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 43. Europe Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Armored Personnel Carrier Market Share by Type (2015-2021)
Table 45. Europe Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Armored Personnel Carrier Market Share by Application (2015-2021)
Table 47. China Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 49. China Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 50. China Armored Personnel Carrier Market Share by Type (2015-2021)
Table 51. China Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 52. China Armored Personnel Carrier Market Share by Application (2015-2021)
Table 53. Japan Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 55. Japan Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Armored Personnel Carrier Market Share by Type (2015-2021)
Table 57. Japan Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Armored Personnel Carrier Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 61. Southeast Asia Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Armored Personnel Carrier Market Share by Type (2015-2021)
Table 63. Southeast Asia Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Armored Personnel Carrier Market Share by Application (2015-2021)
Table 65. India Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 67. India Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 68. India Armored Personnel Carrier Market Share by Type (2015-2021)
Table 69. India Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 70. India Armored Personnel Carrier Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Armored Personnel Carrier Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Armored Personnel Carrier Market Share (2019-2021)
Table 73. Central & South America Armored Personnel Carrier Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Armored Personnel Carrier Market Share by Type (2015-2021)
Table 75. Central & South America Armored Personnel Carrier Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Armored Personnel Carrier Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Armored Personnel Carrier Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Armored Personnel Carrier Market Share by Type: 2021 VS 2028
Figure 2. Global Armored Personnel Carrier Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Armored Personnel Carrier Market Report Years Considered
Figure 8. Global Armored Personnel Carrier Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Armored Personnel Carrier Market Share by Regions: 2021 VS 2028
Figure 10. Global Armored Personnel Carrier Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Armored Personnel Carrier Market Share by Players in 2019
Figure 13. Global Top Armored Personnel Carrier Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Armored Personnel Carrier Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Armored Personnel Carrier Market Revenue in 2019
Figure 15. North America Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Armored Personnel Carrier Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
Request Discount 
Inquire Before Buy
