Global Armored Vehicles Market Comparative SWOT & Strategy Focus 2024-2027 for Top 5 Companies – General Dynamics, BAE Systems, Oshkosh Defense, Rheinmetall and Hanwha Aerospace

DUBLIN, March 27, 2024 /PRNewswire/ — The “Top 5 Companies in the Global Armored Vehicles Market: General Dynamics, BAE Systems, Oshkosh Defense, Rheinmetall, Hanwha – Comparative SWOT & Strategy Focus, 2024-2027” report has been added to’s offering.

The demand for armored vehicles globally has witnessed a strong resurgence with the disruption of world order and the drastic, unprecedented deterioration in the security environment globally as the number of ongoing political conflicts has reached an unprecedented level. The demand for armored vehicles has seen a major surge with their extensive utilization during the ongoing RussiaUkraine war. The demand has been especially strong for Infantry Fighting Vehicles (IFVs), Armored Personnel Carriers (APCs) and Main Battle Tanks (MBTs) across most regions globally as nations scramble to modernize and replace existing Cold war-era in-service fleets with modern platforms featuring state-of-art & cutting edge mobility, firepower and protection capabilities along with digitalization & network connectivity as the backbone while also offering a lower total cost of ownership.

The modernization and development & induction of next generation armored vehicles has been a top priority across Europe as the threat of a potential land war with Russia makes a return to haunt policymakers given that the capabilities of the defense industrial base across Europe have deteriorated over the decades owinto neglect. The modernization of British Army’s Challenger MBTs to Challenger-3 variant and French Leclercs to the Leclerc XLR variant, which are already in the works, and Poland’s huge order for 116 new M1 Abrams worth $1.4 billion and K2 Black Panther tanks are prime examples.

The United States, too, is pursuing a similar pathway with the replacement of M2 Bradleys; after the AMPV program, which is replacing the M113 APCs and is under full-scale production phase; being a top acquisition priority besides modernization of M1 Abrams to the M1E3 variant. Australia, too, has been under an unprecedented armor renaissance in history with its massive, multi-phase Land 400 program which has so far seen procurement of IFVs, APCs/CRVs and tactical logistics vehicles in significant numbers in contracts worth almost US$10$12 billion cumulatively.

Global A&D Market in a Major Upswing Phase amid Disruption of Traditional World Order and Geopolitical Tensions & Conflicts

The Global Aerospace & Defense Market is in a major upswing phase owing to the whittling down of traditional, rule-based world order led by China’s geopolitical revisionism backed by military ascension amid territorial disputes as well as issues with neighbors & military adventurism in Asia and Russia’s military resurgence with a renewed threat to Europe & NATO as the geopolitical dynamic clearly shifts towards multi-polarity. The same has led to and created a surge in demand for procurement of new defense equipment, replacement of legacy systems, increased spending outlay towards R&D on next generation technologies and an accelerated production ramp-up of ammunition being undertaken across most key markets globally.

Global defense spending, clearly, is on an upward growth trajectory, driven by geopolitical shifts, and is projected to reach $2.5 trillion by 2027, thereby, providing the defense industrial bases across most key markets significant growth opportunities for the medium term horizon as it is desperately trying to ramp-up production rates over near term, amid supply chain constraints, to backfill depleting U.S. & NATO allies’ stockpiles of munitions, missiles & weapon systems besides fulfilling Ukraine’s critical requirements and to meet growing international demand in the era of great power competition and a virtual defense renaissance globally.

Global Economy Heading towards Slowdown

The global economy, however, is projected to be heading towards a slowdown in 2024 following continued monetary policy tightening posture by central banks globally over the recent years to check high inflation. The situation has been further compounded by the sustained geopolitical instability led by the ongoing RussiaUkraine war, the Israeli military operations in Gaza and Houthi attacks on commercial shipping which collectively threaten to cause supply shocks & raise prices of food owing to scarcity, thereby, likely to become a double whammy for the global economy which has already regressed to its range-bound, typical, average movement of under 3% annually. However, any further, major potential shock at this time could send the global economy spiraling down into a recessionary cycle.

The report provides a Comparative SWOT Analysis and Comprehensive Insights into the Global Top 5 Armored Vehicles Manufacturers with focus on a blend of quantitative & qualitative analysis. The report provides detailed analysis on the Global Top 5 Armored Vehicle OEMs, including:

  • Comprehensive & Comparative Analysis of Business & Product Portfolio and Strategic Market Positioning
  • Analysis of Overall Strategy Focus across OEMs
  • Analysis of Key Strategies & Plans for the OEMs for the Near to Medium Term Horizon
  • Detailed Comparative SWOT Analysis on the OEMs
  • Outlining of Key Growth Opportunities
  • Analysis of Emerging & Game Changer Technologies
  • Demand growth projections and market evolution for the Global Armored Vehicles market over medium term

Company Coverage: GDLS/GDELS, BAE Systems, Rheinmetall Defense, Oshkosh Defense and Hanwha Aerospace

Key Topics Covered:

Section – 1: Business Structure & Snapshot – For each of Global Top 5 Armored Vehicles Manufacturers

  • Founded
  • Headquartered
  • Business Segments
  • Employees
  • Product Portfolio – Major Product Platforms, Programs and Key Competitors
  • Market Capitalization/Ownership Structure
  • Key Executives
  • Shareholding/Ownership Pattern & Structure

Section – 2: Financial Performance Analysis – For each Industry OEM – Charts & Analysis: Based on Latest Available Financial Results

  • Revenue Base & Growth Trend
  • Revenues Split by Key Segments
  • Revenues Split by Key Geographic Markets & Regions
  • Gross Earnings & Margin Trend
  • Operating Earnings & Operating Margin Trend
  • Return on Sales Trend
  • Profitability Growth Trend
  • Cash Flow from Operations
  • R&D Expenditure Trend
  • CAPEX Trend
  • Order Intake & Aircraft Deliveries Trend
  • Order Backlog Position

Section – 3: SWOT Analysis-For each of the Global Top 5 Industry Players

Section – 4: Comparative Analysis of Strengths

Section – 5: Comparative Analysis of Weaknesses

Section – 6: Strategy Focus & Priorities – For each of Global Top 5 Armored Vehicles Manufacturers

Section – 7: Key Strategies & Plans

  • Business Portfolio Strategies & Plans
  • Service Level Strategies & Plans
  • Technological and R&D Strategies & Plans
  • Market Specific Strategies & Plans – Traditional & Emerging Markets
  • Corporate Strategies & Plans
  • Sales, Marketing & Branding Strategies and Plans
  • Manufacturing/Production Strategies & Plans
  • Business Growth Strategies & Plans – Organic & Inorganic
  • Financial Strategies & Plans
  • Acquisitions, Strategic Alliances & JVs
  • Other Strategies & Strategic Initiatives

Section – 8: Global Armored Vehicles Market – Force Field Analysis – Analysis of Driving & Restraining Forces and their Overall Dynamics

Section – 9: Key Trends

Section – 10: Key Issues, Challenges & Risk Factors

Section – 11: Strategic Market Outlook

  • Analysis of Emerging Market Scenario for Aerospace & Defense
  • U.S. & Global Defense Spending Trends
  • Global Top 5 & Top 10 Defense Spending Nations
  • Global Defense Spending – Market Outlook & Growth Projections – 2024-2027
  • Global Defense Spending – Trends & Spending Projections – 2024-2027
  • Global Defense Spending & Growth Rates for Key Regions
  • Global Armored Vehicles Market – Strategic Market Outlook
  • Analysis of Emerging Market Scenario for Armored Vehicles
  • Global Demand Outlook for Armored Vehicles – Forecast to 2027

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