The global market for Military Tracked Armored Vehicle was valued at US$ 9863 million in the year 2024 and is projected to reach a revised size of US$ 14394 million by 2031, growing at a CAGR of 5.3% during the forecast period.

Military Tracked Armored Vehicle Market

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In 2024, global production of military tracked armored vehicles will reach approximately 3,200 units, with an average unit price of approximately $3 million. Tracked armored vehicles are medium or heavy armored combat vehicles that use metal tracks rather than tires. Their core design goal is to provide their crew with robust protection, firepower, and off-road mobility in extremely harsh terrain and high-intensity battlefields. Compared to wheeled armored vehicles, their tracks provide less ground pressure, enabling them to easily traverse trenches, steep slopes, muddy terrain, and complex obstacles. They are essential equipment for traditional ground assaults and positional warfare. Major categories include main battle tanks, which serve as the backbone of the army's armored forces; infantry fighting vehicles, which accompany infantry assaults and provide fire support; and various variants such as self-propelled artillery and armored recovery vehicles. Despite their lower road speeds, reliance on heavy transport for strategic deployment, and high maintenance costs, tracked armored vehicles remain an irreplaceable and essential force for modern armies conducting high-intensity offensive operations.

The global military tracked armored vehicle market is in a critical phase of steady evolution and technological upgrades. Tracked armored vehicles, with their exceptional off-road mobility, robust protection, and heavy firepower support capabilities, have long held a core position in modern land warfare systems. They are particularly well-suited for complex terrain, heavy firepower engagements, and high-intensity combat environments. Compared to wheeled vehicles, tracked armored vehicles offer significant advantages in sustained combat, obstacle traversal, and heavy assault, and therefore remain a core component of heavy ground forces in various countries.

Market trends indicate that tracked armored vehicles are transitioning towards "heavy-duty, digital, modular, and intelligent." Heavier armor protection is primarily reflected in the continued optimization of thicker armor, more powerful firepower systems, and high-power powertrains to counter modern, high-intensity firepower threats. Digitalization is driving tracked armored vehicles toward integrated C4ISR nodes, equipped with advanced sensors, tactical data links, and electronic warfare equipment to enhance situational awareness and coordination. Modularization and platform-based development enable chassis compatibility with infantry fighting vehicles, main battle tanks, and fire support and support vehicles, reducing overall lifecycle costs. Intelligence focuses on unmanned control, automated protection, and health management systems, gradually promoting the implementation of manned-unmanned hybrid combat modes.

In terms of influencing factors, the core drivers of market growth include global geopolitical security tensions, escalating local conflicts, and the implementation of major power military modernization strategies. The large number of tracked platforms retired after the Cold War urgently need upgrading or replacement, creating market space for new generation products. Furthermore, new technologies such as composite armor, active protection systems (APS), hybrid powertrains, and digital twins continue to fuel growth. Constraints include high R&D and procurement costs, strict export controls and international arms trade compliance, and the strategic shift of some countries toward lighter, rapidly deployable forces, making tracked equipment procurement more rational and targeted.

Regarding regional market distribution, North America and Europe remain key markets for tracked armored vehicles, with both replacement and large-scale modification programs and cutting-edge R&D projects, particularly for the next generation of main battle tanks and infantry fighting vehicles. The Asia-Pacific region is experiencing rapid growth, particularly driven by border defense and regional security challenges, which are driving increasing demand for tracked platforms. Localized production, joint R&D, and technology transfer have become key strategies for Asia-Pacific countries. In the Middle East, ongoing security instability and counterterrorism operations have led to a steady demand for highly protected, high-firepower tracked armored vehicles. While the Latin American and African markets are limited overall, there remains room for growth in conversions and cost-effective purchases amidst stability maintenance and regional conflict.

Overall, over the next five to ten years, the global military tracked armored vehicle market will be driven by a dual strategy of "upgrades and technological innovation," gradually achieving enhanced protection, greater informationization, and a wider range of mission adaptability. For companies in the industry chain, seizing opportunities in digital transformation, modular platform development, localized collaboration, and service support will be key to success in this strategic market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Military Tracked Armored Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Military Tracked Armored Vehicle.

The Military Tracked Armored Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Military Tracked Armored Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Military Tracked Armored Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Military Tracked Armored Vehicle Market Report

Report Metric	Details
Report Name	Military Tracked Armored Vehicle Market
Accounted market size in year	US$ 9863 million
Forecasted market size in 2031	US$ 14394 million
CAGR	5.3%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Medium Duty Heavy Duty
Segment by Application	Tactical Combat Transportation
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	General Dynamics, BAE Systems, Oshkosh, Rheinmetall, China North Industrial, Nexter Systems, Hyundai Rotem, FNSS, Uralvagonzavod, STREIT Group, Thales Group, Textron, Iveco Defence Vehicles, ST Engineering, BMC, Otokar, NIMR Automotive, Mahindra
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Military Tracked Armored Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Military Tracked Armored Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Military Tracked Armored Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Military Tracked Armored Vehicle Market growing?

Ans: The Military Tracked Armored Vehicle Market witnessing a CAGR of 5.3% during the forecast period 2025-2031.

What is the Military Tracked Armored Vehicle Market size in 2031?

Ans: The Military Tracked Armored Vehicle Market size in 2031 will be US$ 14394 million.

Who are the main players in the Military Tracked Armored Vehicle Market report?

Ans: The main players in the Military Tracked Armored Vehicle Market are General Dynamics, BAE Systems, Oshkosh, Rheinmetall, China North Industrial, Nexter Systems, Hyundai Rotem, FNSS, Uralvagonzavod, STREIT Group, Thales Group, Textron, Iveco Defence Vehicles, ST Engineering, BMC, Otokar, NIMR Automotive, Mahindra

What are the Application segmentation covered in the Military Tracked Armored Vehicle Market report?

Ans: The Applications covered in the Military Tracked Armored Vehicle Market report are Tactical Combat, Transportation

What are the Type segmentation covered in the Military Tracked Armored Vehicle Market report?

Ans: The Types covered in the Military Tracked Armored Vehicle Market report are Medium Duty, Heavy Duty

1 Military Tracked Armored Vehicle Market Overview

1.1 Product Definition

1.2 Military Tracked Armored Vehicle by Type

1.2.1 Global Military Tracked Armored Vehicle Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Medium Duty

1.2.3 Heavy Duty

1.3 Military Tracked Armored Vehicle by Application

1.3.1 Global Military Tracked Armored Vehicle Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Tactical Combat

1.3.3 Transportation

1.4 Global Market Growth Prospects

1.4.1 Global Military Tracked Armored Vehicle Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Military Tracked Armored Vehicle Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Military Tracked Armored Vehicle Production Estimates and Forecasts (2020-2031)

1.4.4 Global Military Tracked Armored Vehicle Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Military Tracked Armored Vehicle Production Market Share by Manufacturers (2020-2025)

2.2 Global Military Tracked Armored Vehicle Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Military Tracked Armored Vehicle, Industry Ranking, 2023 VS 2024

2.4 Global Military Tracked Armored Vehicle Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Military Tracked Armored Vehicle Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Military Tracked Armored Vehicle, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Military Tracked Armored Vehicle, Product Offered and Application

2.8 Global Key Manufacturers of Military Tracked Armored Vehicle, Date of Enter into This Industry

2.9 Military Tracked Armored Vehicle Market Competitive Situation and Trends

2.9.1 Military Tracked Armored Vehicle Market Concentration Rate

2.9.2 Global 5 and 10 Largest Military Tracked Armored Vehicle Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Military Tracked Armored Vehicle Production by Region

3.1 Global Military Tracked Armored Vehicle Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Military Tracked Armored Vehicle Production Value by Region (2020-2031)

3.2.1 Global Military Tracked Armored Vehicle Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Military Tracked Armored Vehicle by Region (2026-2031)

3.3 Global Military Tracked Armored Vehicle Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Military Tracked Armored Vehicle Production Volume by Region (2020-2031)

3.4.1 Global Military Tracked Armored Vehicle Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Military Tracked Armored Vehicle by Region (2026-2031)

3.5 Global Military Tracked Armored Vehicle Market Price Analysis by Region (2020-2025)

3.6 Global Military Tracked Armored Vehicle Production and Value, Year-over-Year Growth

3.6.1 North America Military Tracked Armored Vehicle Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Military Tracked Armored Vehicle Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Military Tracked Armored Vehicle Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Military Tracked Armored Vehicle Production Value Estimates and Forecasts (2020-2031)

4 Military Tracked Armored Vehicle Consumption by Region

4.1 Global Military Tracked Armored Vehicle Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Military Tracked Armored Vehicle Consumption by Region (2020-2031)

4.2.1 Global Military Tracked Armored Vehicle Consumption by Region (2020-2025)

4.2.2 Global Military Tracked Armored Vehicle Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Military Tracked Armored Vehicle Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Military Tracked Armored Vehicle Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Military Tracked Armored Vehicle Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Military Tracked Armored Vehicle Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Military Tracked Armored Vehicle Production by Type (2020-2031)

5.1.1 Global Military Tracked Armored Vehicle Production by Type (2020-2025)

5.1.2 Global Military Tracked Armored Vehicle Production by Type (2026-2031)

5.1.3 Global Military Tracked Armored Vehicle Production Market Share by Type (2020-2031)

5.2 Global Military Tracked Armored Vehicle Production Value by Type (2020-2031)

5.2.1 Global Military Tracked Armored Vehicle Production Value by Type (2020-2025)

5.2.2 Global Military Tracked Armored Vehicle Production Value by Type (2026-2031)

5.2.3 Global Military Tracked Armored Vehicle Production Value Market Share by Type (2020-2031)

5.3 Global Military Tracked Armored Vehicle Price by Type (2020-2031)

6 Segment by Application

6.1 Global Military Tracked Armored Vehicle Production by Application (2020-2031)

6.1.1 Global Military Tracked Armored Vehicle Production by Application (2020-2025)

6.1.2 Global Military Tracked Armored Vehicle Production by Application (2026-2031)

6.1.3 Global Military Tracked Armored Vehicle Production Market Share by Application (2020-2031)

6.2 Global Military Tracked Armored Vehicle Production Value by Application (2020-2031)

6.2.1 Global Military Tracked Armored Vehicle Production Value by Application (2020-2025)

6.2.2 Global Military Tracked Armored Vehicle Production Value by Application (2026-2031)

6.2.3 Global Military Tracked Armored Vehicle Production Value Market Share by Application (2020-2031)

6.3 Global Military Tracked Armored Vehicle Price by Application (2020-2031)

7 Key Companies Profiled

7.1 General Dynamics

7.1.1 General Dynamics Military Tracked Armored Vehicle Company Information

7.1.2 General Dynamics Military Tracked Armored Vehicle Product Portfolio

7.1.3 General Dynamics Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.1.4 General Dynamics Main Business and Markets Served

7.1.5 General Dynamics Recent Developments/Updates

7.2 BAE Systems

7.2.1 BAE Systems Military Tracked Armored Vehicle Company Information

7.2.2 BAE Systems Military Tracked Armored Vehicle Product Portfolio

7.2.3 BAE Systems Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.2.4 BAE Systems Main Business and Markets Served

7.2.5 BAE Systems Recent Developments/Updates

7.3 Oshkosh

7.3.1 Oshkosh Military Tracked Armored Vehicle Company Information

7.3.2 Oshkosh Military Tracked Armored Vehicle Product Portfolio

7.3.3 Oshkosh Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Oshkosh Main Business and Markets Served

7.3.5 Oshkosh Recent Developments/Updates

7.4 Rheinmetall

7.4.1 Rheinmetall Military Tracked Armored Vehicle Company Information

7.4.2 Rheinmetall Military Tracked Armored Vehicle Product Portfolio

7.4.3 Rheinmetall Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Rheinmetall Main Business and Markets Served

7.4.5 Rheinmetall Recent Developments/Updates

7.5 China North Industrial

7.5.1 China North Industrial Military Tracked Armored Vehicle Company Information

7.5.2 China North Industrial Military Tracked Armored Vehicle Product Portfolio

7.5.3 China North Industrial Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.5.4 China North Industrial Main Business and Markets Served

7.5.5 China North Industrial Recent Developments/Updates

7.6 Nexter Systems

7.6.1 Nexter Systems Military Tracked Armored Vehicle Company Information

7.6.2 Nexter Systems Military Tracked Armored Vehicle Product Portfolio

7.6.3 Nexter Systems Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Nexter Systems Main Business and Markets Served

7.6.5 Nexter Systems Recent Developments/Updates

7.7 Hyundai Rotem

7.7.1 Hyundai Rotem Military Tracked Armored Vehicle Company Information

7.7.2 Hyundai Rotem Military Tracked Armored Vehicle Product Portfolio

7.7.3 Hyundai Rotem Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Hyundai Rotem Main Business and Markets Served

7.7.5 Hyundai Rotem Recent Developments/Updates

7.8 FNSS

7.8.1 FNSS Military Tracked Armored Vehicle Company Information

7.8.2 FNSS Military Tracked Armored Vehicle Product Portfolio

7.8.3 FNSS Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.8.4 FNSS Main Business and Markets Served

7.8.5 FNSS Recent Developments/Updates

7.9 Uralvagonzavod

7.9.1 Uralvagonzavod Military Tracked Armored Vehicle Company Information

7.9.2 Uralvagonzavod Military Tracked Armored Vehicle Product Portfolio

7.9.3 Uralvagonzavod Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Uralvagonzavod Main Business and Markets Served

7.9.5 Uralvagonzavod Recent Developments/Updates

7.10 STREIT Group

7.10.1 STREIT Group Military Tracked Armored Vehicle Company Information

7.10.2 STREIT Group Military Tracked Armored Vehicle Product Portfolio

7.10.3 STREIT Group Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.10.4 STREIT Group Main Business and Markets Served

7.10.5 STREIT Group Recent Developments/Updates

7.11 Thales Group

7.11.1 Thales Group Military Tracked Armored Vehicle Company Information

7.11.2 Thales Group Military Tracked Armored Vehicle Product Portfolio

7.11.3 Thales Group Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Thales Group Main Business and Markets Served

7.11.5 Thales Group Recent Developments/Updates

7.12 Textron

7.12.1 Textron Military Tracked Armored Vehicle Company Information

7.12.2 Textron Military Tracked Armored Vehicle Product Portfolio

7.12.3 Textron Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Textron Main Business and Markets Served

7.12.5 Textron Recent Developments/Updates

7.13 Iveco Defence Vehicles

7.13.1 Iveco Defence Vehicles Military Tracked Armored Vehicle Company Information

7.13.2 Iveco Defence Vehicles Military Tracked Armored Vehicle Product Portfolio

7.13.3 Iveco Defence Vehicles Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Iveco Defence Vehicles Main Business and Markets Served

7.13.5 Iveco Defence Vehicles Recent Developments/Updates

7.14 ST Engineering

7.14.1 ST Engineering Military Tracked Armored Vehicle Company Information

7.14.2 ST Engineering Military Tracked Armored Vehicle Product Portfolio

7.14.3 ST Engineering Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.14.4 ST Engineering Main Business and Markets Served

7.14.5 ST Engineering Recent Developments/Updates

7.15 BMC

7.15.1 BMC Military Tracked Armored Vehicle Company Information

7.15.2 BMC Military Tracked Armored Vehicle Product Portfolio

7.15.3 BMC Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.15.4 BMC Main Business and Markets Served

7.15.5 BMC Recent Developments/Updates

7.16 Otokar

7.16.1 Otokar Military Tracked Armored Vehicle Company Information

7.16.2 Otokar Military Tracked Armored Vehicle Product Portfolio

7.16.3 Otokar Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.16.4 Otokar Main Business and Markets Served

7.16.5 Otokar Recent Developments/Updates

7.17 NIMR Automotive

7.17.1 NIMR Automotive Military Tracked Armored Vehicle Company Information

7.17.2 NIMR Automotive Military Tracked Armored Vehicle Product Portfolio

7.17.3 NIMR Automotive Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.17.4 NIMR Automotive Main Business and Markets Served

7.17.5 NIMR Automotive Recent Developments/Updates

7.18 Mahindra

7.18.1 Mahindra Military Tracked Armored Vehicle Company Information

7.18.2 Mahindra Military Tracked Armored Vehicle Product Portfolio

7.18.3 Mahindra Military Tracked Armored Vehicle Production, Value, Price and Gross Margin (2020-2025)

7.18.4 Mahindra Main Business and Markets Served

7.18.5 Mahindra Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Military Tracked Armored Vehicle Industry Chain Analysis

8.2 Military Tracked Armored Vehicle Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Military Tracked Armored Vehicle Production Mode & Process Analysis

8.4 Military Tracked Armored Vehicle Sales and Marketing

8.4.1 Military Tracked Armored Vehicle Sales Channels

8.4.2 Military Tracked Armored Vehicle Distributors

8.5 Military Tracked Armored Vehicle Customer Analysis

9 Military Tracked Armored Vehicle Market Dynamics

9.1 Military Tracked Armored Vehicle Industry Trends

9.2 Military Tracked Armored Vehicle Market Drivers

9.3 Military Tracked Armored Vehicle Market Challenges

9.4 Military Tracked Armored Vehicle Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

BAE Systems

BMC

China North Industrial

FNSS

General Dynamics

Hyundai Rotem

Iveco Defence Vehicles

List of Tables

Table 1. Global Military Tracked Armored Vehicle Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Military Tracked Armored Vehicle Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Military Tracked Armored Vehicle Production Capacity (Units) by Manufacturers in 2024

Table 4. Global Military Tracked Armored Vehicle Production by Manufacturers (2020-2025) & (Units)

Table 5. Global Military Tracked Armored Vehicle Production Market Share by Manufacturers (2020-2025)

Table 6. Global Military Tracked Armored Vehicle Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Military Tracked Armored Vehicle Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Military Tracked Armored Vehicle, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Military Tracked Armored Vehicle as of 2024)

Table 10. Global Market Military Tracked Armored Vehicle Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Military Tracked Armored Vehicle, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Military Tracked Armored Vehicle, Product Offered and Application

Table 13. Global Key Manufacturers of Military Tracked Armored Vehicle, Date of Enter into This Industry

Table 14. Global Military Tracked Armored Vehicle Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Military Tracked Armored Vehicle Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Military Tracked Armored Vehicle Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Military Tracked Armored Vehicle Production Value Market Share by Region (2020-2025)

Table 19. Global Military Tracked Armored Vehicle Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Military Tracked Armored Vehicle Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Military Tracked Armored Vehicle Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Table 22. Global Military Tracked Armored Vehicle Production (Units) by Region (2020-2025)

Table 23. Global Military Tracked Armored Vehicle Production Market Share by Region (2020-2025)

Table 24. Global Military Tracked Armored Vehicle Production (Units) Forecast by Region (2026-2031)

Table 25. Global Military Tracked Armored Vehicle Production Market Share Forecast by Region (2026-2031)

Table 26. Global Military Tracked Armored Vehicle Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global Military Tracked Armored Vehicle Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global Military Tracked Armored Vehicle Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 29. Global Military Tracked Armored Vehicle Consumption by Region (2020-2025) & (Units)

Table 30. Global Military Tracked Armored Vehicle Consumption Market Share by Region (2020-2025)

Table 31. Global Military Tracked Armored Vehicle Forecasted Consumption by Region (2026-2031) & (Units)

Table 32. Global Military Tracked Armored Vehicle Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 34. North America Military Tracked Armored Vehicle Consumption by Country (2020-2025) & (Units)

Table 35. North America Military Tracked Armored Vehicle Consumption by Country (2026-2031) & (Units)

Table 36. Europe Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 37. Europe Military Tracked Armored Vehicle Consumption by Country (2020-2025) & (Units)

Table 38. Europe Military Tracked Armored Vehicle Consumption by Country (2026-2031) & (Units)

Table 39. Asia Pacific Military Tracked Armored Vehicle Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 40. Asia Pacific Military Tracked Armored Vehicle Consumption by Region (2020-2025) & (Units)

Table 41. Asia Pacific Military Tracked Armored Vehicle Consumption by Region (2026-2031) & (Units)

Table 42. Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 43. Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption by Country (2020-2025) & (Units)

Table 44. Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption by Country (2026-2031) & (Units)

Table 45. Global Military Tracked Armored Vehicle Production (Units) by Type (2020-2025)

Table 46. Global Military Tracked Armored Vehicle Production (Units) by Type (2026-2031)

Table 47. Global Military Tracked Armored Vehicle Production Market Share by Type (2020-2025)

Table 48. Global Military Tracked Armored Vehicle Production Market Share by Type (2026-2031)

Table 49. Global Military Tracked Armored Vehicle Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Military Tracked Armored Vehicle Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Military Tracked Armored Vehicle Production Value Market Share by Type (2020-2025)

Table 52. Global Military Tracked Armored Vehicle Production Value Market Share by Type (2026-2031)

Table 53. Global Military Tracked Armored Vehicle Price (US$/Unit) by Type (2020-2025)

Table 54. Global Military Tracked Armored Vehicle Price (US$/Unit) by Type (2026-2031)

Table 55. Global Military Tracked Armored Vehicle Production (Units) by Application (2020-2025)

Table 56. Global Military Tracked Armored Vehicle Production (Units) by Application (2026-2031)

Table 57. Global Military Tracked Armored Vehicle Production Market Share by Application (2020-2025)

Table 58. Global Military Tracked Armored Vehicle Production Market Share by Application (2026-2031)

Table 59. Global Military Tracked Armored Vehicle Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Military Tracked Armored Vehicle Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Military Tracked Armored Vehicle Production Value Market Share by Application (2020-2025)

Table 62. Global Military Tracked Armored Vehicle Production Value Market Share by Application (2026-2031)

Table 63. Global Military Tracked Armored Vehicle Price (US$/Unit) by Application (2020-2025)

Table 64. Global Military Tracked Armored Vehicle Price (US$/Unit) by Application (2026-2031)

Table 65. General Dynamics Military Tracked Armored Vehicle Company Information

Table 66. General Dynamics Military Tracked Armored Vehicle Specification and Application

Table 67. General Dynamics Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. General Dynamics Main Business and Markets Served

Table 69. General Dynamics Recent Developments/Updates

Table 70. BAE Systems Military Tracked Armored Vehicle Company Information

Table 71. BAE Systems Military Tracked Armored Vehicle Specification and Application

Table 72. BAE Systems Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. BAE Systems Main Business and Markets Served

Table 74. BAE Systems Recent Developments/Updates

Table 75. Oshkosh Military Tracked Armored Vehicle Company Information

Table 76. Oshkosh Military Tracked Armored Vehicle Specification and Application

Table 77. Oshkosh Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Oshkosh Main Business and Markets Served

Table 79. Oshkosh Recent Developments/Updates

Table 80. Rheinmetall Military Tracked Armored Vehicle Company Information

Table 81. Rheinmetall Military Tracked Armored Vehicle Specification and Application

Table 82. Rheinmetall Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Rheinmetall Main Business and Markets Served

Table 84. Rheinmetall Recent Developments/Updates

Table 85. China North Industrial Military Tracked Armored Vehicle Company Information

Table 86. China North Industrial Military Tracked Armored Vehicle Specification and Application

Table 87. China North Industrial Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. China North Industrial Main Business and Markets Served

Table 89. China North Industrial Recent Developments/Updates

Table 90. Nexter Systems Military Tracked Armored Vehicle Company Information

Table 91. Nexter Systems Military Tracked Armored Vehicle Specification and Application

Table 92. Nexter Systems Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. Nexter Systems Main Business and Markets Served

Table 94. Nexter Systems Recent Developments/Updates

Table 95. Hyundai Rotem Military Tracked Armored Vehicle Company Information

Table 96. Hyundai Rotem Military Tracked Armored Vehicle Specification and Application

Table 97. Hyundai Rotem Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Hyundai Rotem Main Business and Markets Served

Table 99. Hyundai Rotem Recent Developments/Updates

Table 100. FNSS Military Tracked Armored Vehicle Company Information

Table 101. FNSS Military Tracked Armored Vehicle Specification and Application

Table 102. FNSS Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. FNSS Main Business and Markets Served

Table 104. FNSS Recent Developments/Updates

Table 105. Uralvagonzavod Military Tracked Armored Vehicle Company Information

Table 106. Uralvagonzavod Military Tracked Armored Vehicle Specification and Application

Table 107. Uralvagonzavod Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Uralvagonzavod Main Business and Markets Served

Table 109. Uralvagonzavod Recent Developments/Updates

Table 110. STREIT Group Military Tracked Armored Vehicle Company Information

Table 111. STREIT Group Military Tracked Armored Vehicle Specification and Application

Table 112. STREIT Group Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. STREIT Group Main Business and Markets Served

Table 114. STREIT Group Recent Developments/Updates

Table 115. Thales Group Military Tracked Armored Vehicle Company Information

Table 116. Thales Group Military Tracked Armored Vehicle Specification and Application

Table 117. Thales Group Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Thales Group Main Business and Markets Served

Table 119. Thales Group Recent Developments/Updates

Table 120. Textron Military Tracked Armored Vehicle Company Information

Table 121. Textron Military Tracked Armored Vehicle Specification and Application

Table 122. Textron Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 123. Textron Main Business and Markets Served

Table 124. Textron Recent Developments/Updates

Table 125. Iveco Defence Vehicles Military Tracked Armored Vehicle Company Information

Table 126. Iveco Defence Vehicles Military Tracked Armored Vehicle Specification and Application

Table 127. Iveco Defence Vehicles Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 128. Iveco Defence Vehicles Main Business and Markets Served

Table 129. Iveco Defence Vehicles Recent Developments/Updates

Table 130. ST Engineering Military Tracked Armored Vehicle Company Information

Table 131. ST Engineering Military Tracked Armored Vehicle Specification and Application

Table 132. ST Engineering Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 133. ST Engineering Main Business and Markets Served

Table 134. ST Engineering Recent Developments/Updates

Table 135. BMC Military Tracked Armored Vehicle Company Information

Table 136. BMC Military Tracked Armored Vehicle Specification and Application

Table 137. BMC Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 138. BMC Main Business and Markets Served

Table 139. BMC Recent Developments/Updates

Table 140. Otokar Military Tracked Armored Vehicle Company Information

Table 141. Otokar Military Tracked Armored Vehicle Specification and Application

Table 142. Otokar Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 143. Otokar Main Business and Markets Served

Table 144. Otokar Recent Developments/Updates

Table 145. NIMR Automotive Military Tracked Armored Vehicle Company Information

Table 146. NIMR Automotive Military Tracked Armored Vehicle Specification and Application

Table 147. NIMR Automotive Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 148. NIMR Automotive Main Business and Markets Served

Table 149. NIMR Automotive Recent Developments/Updates

Table 150. Mahindra Military Tracked Armored Vehicle Company Information

Table 151. Mahindra Military Tracked Armored Vehicle Specification and Application

Table 152. Mahindra Military Tracked Armored Vehicle Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 153. Mahindra Main Business and Markets Served

Table 154. Mahindra Recent Developments/Updates

Table 155. Key Raw Materials Lists

Table 156. Raw Materials Key Suppliers Lists

Table 157. Military Tracked Armored Vehicle Distributors List

Table 158. Military Tracked Armored Vehicle Customers List

Table 159. Military Tracked Armored Vehicle Market Trends

Table 160. Military Tracked Armored Vehicle Market Drivers

Table 161. Military Tracked Armored Vehicle Market Challenges

Table 162. Military Tracked Armored Vehicle Market Restraints

Table 163. Research Programs/Design for This Report

Table 164. Key Data Information from Secondary Sources

Table 165. Key Data Information from Primary Sources

Table 166. Authors List of This Report

List of Figures

Figure 1. Product Picture of Military Tracked Armored Vehicle

Figure 2. Global Military Tracked Armored Vehicle Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Military Tracked Armored Vehicle Market Share by Type: 2024 VS 2031

Figure 4. Medium Duty Product Picture

Figure 5. Heavy Duty Product Picture

Figure 6. Global Military Tracked Armored Vehicle Market Value by Application, (US$ Million) & (2020-2031)

Figure 7. Global Military Tracked Armored Vehicle Market Share by Application: 2024 VS 2031

Figure 8. Tactical Combat

Figure 9. Transportation

Figure 10. Global Military Tracked Armored Vehicle Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 11. Global Military Tracked Armored Vehicle Production Value (US$ Million) & (2020-2031)

Figure 12. Global Military Tracked Armored Vehicle Production Capacity (Units) & (2020-2031)

Figure 13. Global Military Tracked Armored Vehicle Production (Units) & (2020-2031)

Figure 14. Global Military Tracked Armored Vehicle Average Price (US$/Unit) & (2020-2031)

Figure 15. Military Tracked Armored Vehicle Report Years Considered

Figure 16. Military Tracked Armored Vehicle Production Share by Manufacturers in 2024

Figure 17. Global Military Tracked Armored Vehicle Production Value Share by Manufacturers (2024)

Figure 18. Military Tracked Armored Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 19. The Global 5 and 10 Largest Players: Market Share by Military Tracked Armored Vehicle Revenue in 2024

Figure 20. Global Military Tracked Armored Vehicle Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 21. Global Military Tracked Armored Vehicle Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 22. Global Military Tracked Armored Vehicle Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Figure 23. Global Military Tracked Armored Vehicle Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 24. North America Military Tracked Armored Vehicle Production Value (US$ Million) Growth Rate (2020-2031)

Figure 25. Europe Military Tracked Armored Vehicle Production Value (US$ Million) Growth Rate (2020-2031)

Figure 26. China Military Tracked Armored Vehicle Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. Japan Military Tracked Armored Vehicle Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. Global Military Tracked Armored Vehicle Consumption by Region: 2020 VS 2024 VS 2031 (Units)

Figure 29. Global Military Tracked Armored Vehicle Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 30. North America Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 31. North America Military Tracked Armored Vehicle Consumption Market Share by Country (2020-2031)

Figure 32. U.S. Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 33. Canada Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 34. Europe Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 35. Europe Military Tracked Armored Vehicle Consumption Market Share by Country (2020-2031)

Figure 36. Germany Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 37. France Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 38. U.K. Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 39. Italy Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 40. Netherlands Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 41. Asia Pacific Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 42. Asia Pacific Military Tracked Armored Vehicle Consumption Market Share by Region (2020-2031)

Figure 43. China Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 44. Japan Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 45. South Korea Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 46. China Taiwan Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 47. Southeast Asia Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 48. India Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 49. Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 50. Latin America, Middle East & Africa Military Tracked Armored Vehicle Consumption Market Share by Country (2020-2031)

Figure 51. Mexico Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 52. Brazil Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 53. Turkey Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 54. GCC Countries Military Tracked Armored Vehicle Consumption and Growth Rate (2020-2031) & (Units)

Figure 55. Global Production Market Share of Military Tracked Armored Vehicle by Type (2020-2031)

Figure 56. Global Production Value Market Share of Military Tracked Armored Vehicle by Type (2020-2031)

Figure 57. Global Military Tracked Armored Vehicle Price (US$/Unit) by Type (2020-2031)

Figure 58. Global Production Market Share of Military Tracked Armored Vehicle by Application (2020-2031)

Figure 59. Global Production Value Market Share of Military Tracked Armored Vehicle by Application (2020-2031)

Figure 60. Global Military Tracked Armored Vehicle Price (US$/Unit) by Application (2020-2031)

Figure 61. Military Tracked Armored Vehicle Value Chain

Figure 62. Channels of Distribution (Direct Vs Distribution)

Figure 63. Bottom-up and Top-down Approaches for This Report

Figure 64. Data Triangulation

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