DBMR - Automotive

Global Vehicle Armor Market – Industry Trends and Forecast to 2026

  • Automotive
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Vehicle Armor Market By Technology (Vehicle Information Integration, Situational Awareness System, Inter Operable Communication, Active Protection System, Modular Ballistic Armor, Active Mine Protection, Electric Armor), Type (Mine Resistant Ambush Protected Vehicles, Armored Amphibious Vehicles, Armored Personnel Carriers, Infantry Fighting Vehicles, Light Protected Vehicles, Main Battle Tanks, Other Types), Application (Commercial, Law Enforcement, Military), Level of Protection (B4 Level Protection, B5 Level Protection, B6 Level Protection, B7 Level Protection, Other), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Vehicle Armor Market

Global vehicle armor market is set to witness substantial CAGR in the forecast period of 20169- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing application of vehicle armor and rising demand of vehicle armor in defense sector are the factor for the growth.

Market Definition: Global Vehicle Armor Market

Vehicle armors are usually found in the military vehicle so that they can protect it from bullets, missiles, shells and others. These armors are also used in vehicles which are used in the conflicting areas. Vehicle information integration, inter operable communication, active mine protection, electric armor, and other are some of the technology used in the vehicle armor. They are widely used in ships, aircraft, and tanks.

Market Drivers:

  • Rising budgets in the defense sector will drive the market growth
  • Technological advancement and development in manufacturing the vehicles also accelerate the growth of this market
  • Increasing applications of the vehicle armor specially in military and army is also propelling the market growth
  • Prevailing instances of cross-border conflicts augments the growth of armored vehicle market

Market Restraints:

  • Lack of manufacturer of armored vehicle will restrain the market
  • Challenge associated with the electrical and mechanical error in armored vehicle will also hamper the market
  • Rising prices of raw materials, machining equipment and vehicle assembly is expected to hinder the market growth

Segmentation: Global Vehicle Armor Market

By Technology

  • Vehicle Information Integration
  • Situational Awareness System
  • Inter Operable Communication
  • Active Protection System
  • Modular Ballistic Armor
  • Active Mine Protection
  • Electric Armor

By Type

  • Mine Resistant Ambush Protected Vehicles
  • Armored Amphibious Vehicles
  • Armored Personnel Carriers
  • Infantry Fighting Vehicles
  • Light Protected Vehicles
  • Main Battle Tanks
  • Other Types

By Application

  • Commercial
  • Law Enforcement
  • Military

By Level of Protection

  • B4 Level Protection
  • B5 Level Protection
  • B6 Level Protection
  • B7 Level Protection
  • Other

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In September 2018, Texas Armoring Corporation announced that they are going launch their new facility at Honduras, Central America. The main aim of the launch is to provide better services to the government, corporate and other clients. This expansion will also help them to accelerate their growth in the market and fulfil all product offering
  • In August 2017, The Armored Group announced the launch of their new BATT-X series which is a new armored vehicle which is updated version of the BATT-APX. This new vehicle can provide more safety and comfort as compared to the vehicle. It has the ability to cover around 80 miles in an hour. This is specially designed for the government official, military, government official and other so that they can keep it secure and safe

Competitive Analysis:

Global vehicle armor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vehicle armor market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global vehicle armor market are Koninklijke DSM N.V., Teijin Aramid B.V., DuPont de Nemours, Inc., Armormax, Bulldog Direct Protective Systems Inc., CoorsTek Inc., Vehicle Armour, AT&F, Vehicle Armor Systems, ATEK Defense Systems, Premium Armoring, ArmorUSA Inc., SM Group, Safariland, LLC., Vanguard Vehicle Armo, Ibis Tek, among others.

Research Methodology: Global Vehicle Armor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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