Global Armoured Vehicles Market Report

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The market for armoured vehicles and related equipment has become wide-ranging. Technological advancements have seen a significant rise in the use and utility of unmanned ground vehicles, artificial intelligence, virtual training and survivability equipment. Active protection systems – having long been seen as the preserve of wealthy states – are being developed in lighter, cheaper and more accurate forms, supporting their case as a popular solution for the future battlespace. Meanwhile, the deployment of main battle tanks is still seen as a necessity by most in spite of climbing demand for light protected mobility.

In this edition of Defence IQ’s annual Global Armoured Vehicles Market Report, the latest survey data and analysis demonstrates that the market – in the face of fluctuating economies and an unpredictable operational environment – remains in a period of growth, with most regions witnessing an expansion of vehicle production, acquisition and operational deployment.

On a global scale, Defence IQ estimates that the armoured vehicles market will reach $16.22bn in 2018.

In addition to an in-depth analysis of our survey data and a comprehensive overview of future programmes and requirements, the 80 page report also explores issues including:

  • The continued demand for landmine/IED protection;
  • The growing demand for ballistic protection solutions;
  • The rise of Turkey – alongside Saudi Arabia and the UAE – as the world's focal country for armoured vehicles business;
  • The increasing dangers of directed energy and other types of anti-vehicles systems;
  • The pressures on military end-users and their expectations of the armoured vehicles market.

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