Product Code: MRFR/AM/10751-CR
Market Overview
Armoured Civilian Vehicles Market is anticipated to register a healthy CAGR of 6.5% during the review period. The market is driven by North America. Because of rising worries over private security and wellbeing, the market for defensively covered civilian vehicles in North America has encountered critical development lately. Expanded worry for individual security and wellbeing, an expansion in wrongdoing, and the openness of state-of-the-art advancements are the fundamental elements driving the market for defensively covered civilian vehicles in North America. To defend their resources from possible dangers, many individuals, and associations, including organizations and non-administrative associations (NGOs), are ready to put resources into heavily clad vehicles.
European reinforced civilian vehicle industry has been growing fundamentally lately. Insurance from risks including rocket assaults, blasts, and ad libbed touchy gadgets is given by protected civilian vehicles (IEDs). High-total assets people, local officials, and policing oftentimes utilize these vehicles. The developing requirement for lightweight materials, such composites and high-strength steel, which can offer better security while bringing down weight, is one of the significant improvements in the European market for shielded civilian vehicles. This makes shielded vehicles spryer and eco-friendlier, which is urgent in metropolitan settings.
Market Segmentation
The market for armored civilian vehicles has been divided into wheel and track categories based on drive type. The wheel segment is anticipated to hold a bigger market share, per MRFR analysis.
The market for armored civilian vehicles has been divided into four segments based on vehicle type: sedan, SUV, limousine, trucks & buses, and others.
Regional Analysis
The market is driven by North America. Because of rising worries over private security and wellbeing, the market for defensively covered civilian vehicles in North America has encountered critical development lately. Expanded worry for individual security and wellbeing, an expansion in wrongdoing, and the openness of state-of-the-art advancements are the fundamental elements driving the market for defensively covered civilian vehicles in North America. To defend their resources from possible dangers, many individuals and associations, including organizations and non-administrative associations (NGOs), are ready to put resources into heavily clad vehicles.
European reinforced civilian vehicle industry has been growing fundamentally lately. Insurance from risks including rocket assaults, blasts, and ad libbed touchy gadgets is given by protected civilian vehicles (IEDs). High-total assets people, local officials, and policing oftentimes utilize these vehicles. The developing requirement for lightweight materials, such composites and high-strength steel, which can offer better security while bringing down weight, is one of the significant improvements in the European market for shielded civilian vehicles. This makes shielded vehicles spryer and eco-friendlier, which is urgent in metropolitan settings.
One of the markets for protected civilian vehicles that is growing the quickest is in the Asia Pacific region, which is being pushed by factors including increasing crime percentages, political capriciousness, and the interest for individual security. High-total assets people, government representatives, and business chiefs utilize reinforced civilian autos to protect themselves and their families from possible assaults.
Major Players
The major market players are Oshkosh Corporation, BAE Systems plc, INKAS Armored Vehicle Manufacturing, General Dynamics Corporation, International Armored Group, Lenco Armored Vehicles, Inc, Krauss-Maffei Wegmann GmbH & Co. KG, Lockheed Martin corporation, Mahindra Emirates Vehicle Armouring FZ-LLC, and MDT ARMOR.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 14
- 1.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY DRIVE TYPE 16
- 1.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY VEHICLE TYPE 17
- 1.3 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY REGION 18
2 MARKET INTRODUCTION 19
- 2.1 DEFINITION 19
- 2.2 SCOPE OF THE STUDY 19
- 2.3 MARKET STRUCTURE 20
- 2.4 KEY BUYING CRITERIA 20
3 RESEARCH METHODOLOGY 21
- 3.1 RESEARCH PROCESS 21
- 3.2 PRIMARY RESEARCH 22
- 3.3 SECONDARY RESEARCH 23
- 3.4 MARKET SIZE ESTIMATION 24
- 3.5 TOP DOWN & BOTTOM-UP APPROACH 24
- 3.6 FORECAST MODEL 25
- 3.7 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
- 4.1 INTRODUCTION 27
- 4.2 DRIVERS 28
- 4.2.1 INCREASING DEMAND FOR PERSONAL SAFETY CONCERNS 28
- 4.2.2 RISING POLITICAL INSTABILITY 28
- 4.2.3 RISING HIGH-PROFILE TERRORIST ATTACKS 28
- 4.2.4 DRIVERS IMPACT ANALYSIS 29
- 4.3 RESTRAINTS 29
- 4.3.1 HIGH COST ASSOCIATED WITH ARMORED VEHICLES 29
- 4.3.2 LIMITED AVAILABILITY, PRACTICALITY AND CONVENIENCE 30
- 4.3.3 RESTRAINTS IMPACT ANALYSIS 30
- 4.4 OPPORTUNITIES 31
- 4.4.1 RISE IN THE NUMBER OF HIGH NET WORTH INDIVIDUALS (HNWIS) 31
- 4.4.2 GROWING CORPORATE AND BUSINESS TRAVEL 31
- 4.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY 31
- 4.6 IMPACT OF COVID-19 ON THE GLOBAL ARMORED CIVILIAN VEHICLES MARKET 32
- 4.7 SUPPLY CHAIN IMPACT 32
- 4.7.1 IMPACT ON DISTRIBUTION/LOGISTICS 32
5 MARKET FACTOR ANALYSIS 33
- 5.1 SUPPLY/VALUE CHAIN ANALYSIS 33
- 5.1.1 RAW MATERIAL SUPPLIERS 34
- 5.1.2 MANUFACTURERS 34
- 5.1.3 DISTRIBUTORS 34
- 5.1.4 END-USERS 34
- 5.2 PORTER'S FIVE FORCES MODEL 35
- 5.2.1 THREAT OF NEW ENTRANTS 35
- 5.2.2 BARGAINING POWER OF SUPPLIERS 36
- 5.2.3 BARGAINING POWER OF BUYERS 36
- 5.2.4 THREAT OF SUBSTITUTES 36
- 5.2.5 INTENSITY OF RIVALRY 36
- 5.3 SALES OF A8 L SECURITY & MB S 680 GUARD + MAYBACH GUARD 36
6 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY DRIVE TYPE 38
- 6.1 OVERVIEW 38
- 6.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY DRIVE TYPE,
2018-2030 39
- 6.2.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY DRIVE TYPE,
2018-2030 39
7 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY VEHICLE TYPE 40
- 7.1 OVERVIEW 40
- 7.2 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2030 41
- 7.2.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2030 41
- 7.3 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE, MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2030 42
- 7.3.1 GLOBAL ARMORED CIVILIAN VEHICLES MARKET SIZE: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE,
2018-2030 42
8 GLOBAL ARMORED CIVILIAN VEHICLES MARKET, BY REGION 43
- 8.1 OVERVIEW 43
- 8.2 NORTH AMERICA 45
- 8.2.1 U.S. 48
- 8.2.2 CANADA 49
- 8.2.3 MEXICO 50
- 8.3 EUROPE 52
- 8.3.1 GERMANY 55
- 8.3.2 FRANCE 56
- 8.3.3 UK 57
- 8.3.4 SPAIN 59
- 8.3.5 REST OF EUROPE 60
- 8.4 ASIA PACIFIC 62
- 8.4.1 CHINA 64
- 8.4.2 JAPAN 66
- 8.4.3 INDIA 67
- 8.4.4 REST OF ASIA PACIFIC 69
- 8.5 MIDDLE EAST & AFRICA 70
- 8.5.1 SAUDI ARABIA 73
- 8.5.2 UAE 74
- 8.5.3 SOUTH AFRICA 76
- 8.5.4 REST OF MIDDLE EAST & AFRICA 77
- 8.6 SOUTH AMERICA 79
- 8.6.1 ARGENTINA 81
- 8.6.2 BRAZIL 83
- 8.6.3 REST OF SOUTH AMERICA 84
9 COMPETITIVE LANDSCAPE 86
- 9.1 COMPETITIVE OVERVIEW 86
- 9.2 COMPETITIVE BENCHMARKING 86
- 9.3 MAJOR PLAYERS IN THE GLOBAL ARMORED CIVILIAN VEHICLES MARKET 87
- 9.4 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GLOBAL ARMORED
CIVILIAN VEHICLES MARKET 87
- 9.5 KEY DEVELOPMENTS & GROWTH STRATEGIES 88
- 9.5.1 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL 88
- 9.5.2 EXPANSION/PARTNERSHIP 88
10 COMPANY PROFILES 89
- 10.1 BAE SYSTEMS PLC 89
- 10.1.1 COMPANY OVERVIEW 89
- 10.1.2 FINANCIAL OVERVIEW 90
- 10.1.3 PRODUCTS/SERVICES OFFERED 91
- 10.1.4 KEY DEVELOPMENTS 91
- 10.1.5 SWOT ANALYSIS 91
- 10.1.6 KEY STRATEGIES 92
- 10.2 GENERAL DYNAMICS CORPORATION 93
- 10.2.1 COMPANY OVERVIEW 93
- 10.2.2 FINANCIAL OVERVIEW 93
- 10.2.3 PRODUCTS/SERVICES OFFERED 94
- 10.2.4 KEY DEVELOPMENTS 94
- 10.2.5 SWOT ANALYSIS 94
- 10.2.6 KEY STRATEGIES 95
- 10.3 INKAS ARMORED VEHICLE MANUFACTURING 96
- 10.3.1 COMPANY OVERVIEW 96
- 10.3.2 FINANCIAL OVERVIEW 96
- 10.3.3 PRODUCTS/SERVICES OFFERED 96
- 10.3.4 KEY DEVELOPMENTS 96
- 10.3.5 SWOT ANALYSIS 97
- 10.3.6 KEY STRATEGIES 97
- 10.4 INTERNATIONAL ARMORED GROUP 98
- 10.4.1 COMPANY OVERVIEW 98
- 10.4.2 FINANCIAL OVERVIEW 98
- 10.4.3 PRODUCTS/SERVICES OFFERED 98
- 10.4.4 KEY DEVELOPMENTS 98
- 10.4.5 SWOT ANALYSIS 99
- 10.4.6 KEY STRATEGIES 99
- 10.5 KRAUSS-MAFFEI WEGMANN GMBH & CO. KG 100
- 10.5.1 COMPANY OVERVIEW 100
- 10.5.2 FINANCIAL OVERVIEW 100
- 10.5.3 PRODUCTS OFFERED 100
- 10.5.4 KEY DEVELOPMENTS 100
- 10.5.5 SWOT ANALYSIS 101
- 10.5.6 KEY STRATEGIES 101
- 10.6 LENCO ARMORED VEHICLES, INC 102
- 10.6.1 COMPANY OVERVIEW 102
- 10.6.2 FINANCIAL OVERVIEW 102
- 10.6.3 PRODUCTS/SERVICES OFFERED 102
- 10.6.4 KEY DEVELOPMENTS 102
- 10.6.5 SWOT ANALYSIS 103
- 10.6.6 KEY STRATEGIES 103
- 10.7 LOCKHEED MARTIN CORPORATION 104
- 10.7.1 COMPANY OVERVIEW 104
- 10.7.2 FINANCIAL OVERVIEW 104
- 10.7.3 PRODUCTS/SERVICES OFFERED 105
- 10.7.4 KEY DEVELOPMENTS 105
- 10.7.5 SWOT ANALYSIS 105
- 10.7.6 KEY STRATEGIES 106
- 10.8 OSHKOSH CORPORATION 107
- 10.8.1 COMPANY OVERVIEW 107
- 10.8.2 FINANCIAL OVERVIEW 107
- 10.8.3 PRODUCTS OFFERED 108
- 10.8.4 KEY DEVELOPMENTS 108
- 10.8.5 SWOT ANALYSIS 109
- 10.8.6 KEY STRATEGIES 109
- 10.9 MAHINDRA EMIRATES VEHICLE ARMOURING FZ-LLC 110
- 10.9.1 COMPANY OVERVIEW 110
- 10.9.2 FINANCIAL OVERVIEW 110
- 10.9.3 PRODUCTS/SERVICES OFFERED 111
- 10.9.4 KEY DEVELOPMENTS 111
- 10.9.5 SWOT ANALYSIS 112
- 10.9.6 KEY STRATEGIES 112
- 10.10 MDT ARMOR 113
- 10.10.1 COMPANY OVERVIEW 113
- 10.10.2 FINANCIAL OVERVIEW 113
- 10.10.3 PRODUCTS OFFERED 113
- 10.10.4 KEY DEVELOPMENTS 113
- 10.10.5 SWOT ANALYSIS 114
- 10.10.6 KEY STRATEGIES 114
11 APPENDIX 115