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The armored vehicles market size was valued at USD 49.96 billion in 2023. The market is anticipated to grow from USD 51.54 billion in 2024 to USD 66.62 billion by 2032, exhibiting a CAGR of 3.3% during 2024u20132032.<br><br>
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Armored Vehicles Market Armored Vehicles Market Size Worth $ 66.62 Billion by 2032 | CAGR: 3.3% Armored Vehicles Market Size, Share, Trends, Industry Analysis Report – By Platform (Combat Vehicles, Combat Support Vehicles, and Unmanned Armored Vehicles), Mobility, System, Mode of Operation, Type, Point of Sale, and Region; Market Forecast, 2024–2032
Armored Vehicles Market • The armored vehicles market size was valued at USD 49.96 billion in 2023. The market is anticipated to grow from USD 51.54 billion in 2024 to USD 66.62 billion by 2032, exhibiting a CAGR of 3.3% during 2024–2032. Request To Sample : https://www.polarismarketresearch.com/industry-analysis/armored- vehicles-market/request-for-sample
Armored Vehicles Market Key Market Players : • BAE Systems plc • General Dynamics Corporation • Rheinmetall AG • Oshkosh Corporation • Lockheed Martin Corporation • Thales Group • Navistar International Corporation • ST Engineering • Textron Inc. • Leonardo S.p.A.
Armored Vehicles Market Armored Vehicles Market Report Highlights: • By platform, the unmanned armored vehicles segment is anticipated to witness the highest growth during the forecast period due to continuous technological advancements and operational efficiency. • The combat vehicles segment accounted for the largest market share in 2023, owing to their widespread use in military forces globally for defensive and offensive operations. • The wheeled segment, based on mobility, is projected to experience a larger revenue share in 2023 due to speed, mobility, and cost-effectiveness. • North America dominated the global armored vehicles market share in 2023, attributable to significant defense spending and continuous military modernization efforts in the region. • BAE Systems plc., General Dynamics Corporation, Rheinmetall AG, Oshkosh Corporation, Lockheed Martin Corporation, Thales Group, Navistar International Corporation, ST Engineering, Textron Inc. and Leonardo S.p.A. are among the global players.
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