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Asia Pacific Armored Vehicle Market


Asia Pacific Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Country: Trend Forecast and Growth Opportunity

Report code: SDMRAE1557370 | Industry: Aerospace & Defense | Published On: 44225


Asia Pacific armored vehicle market will grow by 3.9% annually with a total addressable market cap of $47.51 billion over 2020-2030 owing to the rise in the instances of cross-border conflicts, increasing incidences of asymmetric warfare, and modernization/replacement initiatives.
Highlighted with 32 tables and 49 figures, this 112-page report “Asia Pacific Armored Vehicle Market 2020-2030 by Armor (Passive, Active), Drive Type (Wheeled, Tracked), Category (Conventional, Electric), Vehicle Type, Application and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific armored vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2020 and provides forecast from 2021 till 2030 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific armored vehicle market in every aspect of the classification from perspectives of Armor, Drive Type, Category, Vehicle Type, Application, and Country.

Based on Armor, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Passive-armor Vehicles
• Active-armor Vehicles

Based on Drive Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
Wheeled Armored Vehicles
• 4X4 Wheeled Armored Vehicles
• 6X6 Wheeled Armored Vehicles
• 8X8 Wheeled Armored Vehicles
Tracked Armored Vehicles

Based on Category, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Conventional Armored Vehicles
• Electric Armored Vehicles

Based on Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Armored Personnel Carrier (APC)
• Infantry Fighting Vehicle (IFV)
• Main Battle Tank (MBT)
• Light Multi-role Vehicle (LMV)
• Mine Resistant Ambush Protected (MRAP)
• Armored Support Vehicle
• Tactical Truck
• Other Armored Vehicles

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Defense
• Commercial Use

Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Drive Type, Vehicle Type, and Application over the forecast years is also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia Pacific armored vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
BAE Systems
China North Industries Corporation (Norinco)
General Dynamics Corporation
INKAS Armored Vehicle Manufacturing
International Armored Group
Krauss-Maffei Wegmann (KMW)
Lenco Industries Inc.
Lockheed Martin Corporation
Oshkosh Defense LLC
Rheinmetall AG
STREIT Group
Textron Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1  Introduction  6
1.1  Industry  Definition  and  Research  Scope  6
1.1.1  Industry  Definition  6
1.1.2  Research  Scope  7
1.2  Research  Methodology  10
1.2.1  Overview  of  Market  Research  Methodology  10
1.2.2  Market  Assumption  11
1.2.3  Secondary  Data  11
1.2.4  Primary  Data  11
1.2.5  Data  Filtration  and  Model  Design  13
1.2.6  Market  Size/Share  Estimation  14
1.2.7  Research  Limitations  15
1.3  Executive  Summary  16
2  Market  Overview  and  Dynamics  19
2.1  Market  Size  and  Forecast  19
2.1.1  Impact  of  COVID-19  on  World  Economy  20
2.1.2  Impact  of  COVID-19  on  the  Market  23
2.2  Major  Growth  Drivers  25
2.3  Market  Restraints  and  Challenges  32
2.4  Emerging  Opportunities  and  Market  Trends  35
2.5  Porter’s  Fiver  Forces  Analysis  39
3  Segmentation  of  Asia  Pacific  Market  by  Armor  43
3.1  Market  Overview  by  Armor  43
3.2  Passive-armor  Vehicles  45
3.3  Active-armor  Vehicles  46
4  Segmentation  of  Asia  Pacific  Market  by  Drive  Type  48
4.1  Market  Overview  by  Drive  Type  48
4.2  Wheeled  Armored  Vehicles  50
4.2.1  4X4  Wheeled  Armored  Vehicles  51
4.2.2  6X6  Wheeled  Armored  Vehicles  52
4.2.3  8X8  Wheeled  Armored  Vehicles  53
4.3  Tracked  Armored  Vehicles  54
5  Segmentation  of  Asia  Pacific  Market  by  Category  55
5.1  Market  Overview  by  Category  55
5.2  Conventional  Armored  Vehicles  57
5.3  Electric  Armored  Vehicles  58
6  Segmentation  of  Asia  Pacific  Market  by  Vehicle  Type  59
6.1  Market  Overview  by  Vehicle  Type  59
6.2  Armored  Personnel  Carrier  (APC)  61
6.3  Infantry  Fighting  Vehicle  (IFV)  62
6.4  Main  Battle  Tank  (MBT)  63
6.5  Light  Multi-role  Vehicle  (LMV)  64
6.6  Mine  Resistant  Ambush  Protected  (MRAP)  65
6.7  Armored  Support  Vehicle  66
6.8  Tactical  Truck  67
6.9  Other  Armored  Vehicles  68
7  Segmentation  of  Asia  Pacific  Market  by  Application  69
7.1  Market  Overview  by  Application  69
7.2  Defense  71
7.3  Commercial  Use  72
8  Asia-Pacific  Market  2020-2030  by  Country  73
8.1  Overview  of  Asia-Pacific  Market  73
8.2  Japan  76
8.3  China  79
8.4  Australia  81
8.5  India  83
8.6  South  Korea  85
8.7  Rest  of  APAC  Region  87
9  Competitive  Landscape  89
9.1  Overview  of  Key  Vendors  89
9.2  New  Product  Launch,  Partnership,  Investment,  and  M&A  92
9.3  Company  Profiles  93
BAE  Systems  93
China  North  Industries  Corporation  (Norinco)  95
General  Dynamics  Corporation  96
INKAS  Armored  Vehicle  Manufacturing  97
International  Armored  Group  98
Krauss-Maffei  Wegmann  (KMW)  99
Lenco  Industries  Inc.  100
Lockheed  Martin  Corporation  101
Oshkosh  Defense  LLC  102
Rheinmetall  AG  103
STREIT  Group  104
Textron  Inc.  105
10  Investing  in  Asia  Pacific  Market:  Risk  Assessment  and  Management  106
10.1  Risk  Evaluation  of  Asia  Pacific  Market  106
10.2  Critical  Success  Factors  (CSFs)  109
Related  Reports  and  Products  112
Table 1. Snapshot of Asia Pacific Armored Vehicle Market in Balanced Perspective, 2020-2030 17
Table 2. Growth Rate of World Real GDP, 2017-2021 21
Table 3. Main Product Trends and Market Opportunities in Asia Pacific Armored Vehicle Market 35
Table 4. Asia Pacific Armored Vehicle Market by Armor, 2020-2030, $ mn 43
Table 5. Asia Pacific Armored Vehicle Market by Drive Type, 2020-2030, $ mn 48
Table 6. Asia Pacific Armored Vehicle Market: Wheeled Armored Vehicles by Type, 2020-2030, $ mn 50
Table 7. Asia Pacific Armored Vehicle Market by Category, 2020-2030, $ mn 55
Table 8. Asia Pacific Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 59
Table 9. Asia Pacific Armored Vehicle Market by Application, 2020-2030, $ mn 69
Table 10. APAC Armored Vehicle Market by Country, 2020-2030, $ mn 74
Table 11. Japan Armored Vehicle Market by Drive Type, 2020-2030, $ mn 78
Table 12. Japan Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 78
Table 13. Japan Armored Vehicle Market by Application, 2020-2030, $ mn 78
Table 14. China Armored Vehicle Market by Drive Type, 2020-2030, $ mn 80
Table 15. China Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 80
Table 16. China Armored Vehicle Market by Application, 2020-2030, $ mn 80
Table 17. Australia Armored Vehicle Market by Drive Type, 2020-2030, $ mn 82
Table 18. Australia Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 82
Table 19. Australia Armored Vehicle Market by Application, 2020-2030, $ mn 82
Table 20. India Armored Vehicle Market by Drive Type, 2020-2030, $ mn 84
Table 21. India Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 84
Table 22. India Armored Vehicle Market by Application, 2020-2030, $ mn 84
Table 23. South Korea Armored Vehicle Market by Drive Type, 2020-2030, $ mn 86
Table 24. South Korea Armored Vehicle Market by Vehicle Type, 2020-2030, $ mn 86
Table 25. South Korea Armored Vehicle Market by Application, 2020-2030, $ mn 86
Table 26. Armored Vehicle Market in Rest of APAC by Country, 2020-2030, $ mn 88
Table 27. BAE Systems: Company Snapshot 93
Table 28. BAE Systems: Business Segmentation 93
Table 29. BAE Systems: Product Portfolio 94
Table 30. BAE Systems: Revenue, 2017-2019, $ mn 94
Table 31. Risk Evaluation for Investing in Asia Pacific Market, 2020-2030 107
Table 32. Critical Success Factors and Key Takeaways 110
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