Global Armored Vehicles Market Report 2020

Global Armored Vehicles Market Report 2020

Defense IQ's 2020 Global Armored Vehicles Market Report 2020 is here!

Today’s global strategic environment has engendered a far more wide-ranging and diverse defense equipment market, characterized by increased spending in both tried-and-tested hardware solutions and advanced, adaptive software systems that enable nations to keep pace with the technological changes steered by the commercial sector.

Commercial technology advances have been a key driver in the vast armored vehicles and related equipment market, ushering in a new era of agile acquisition policies and exquisite systems reinforced by artificial intelligence, advanced sensors, and virtual and synthetic products. Alongside new investment in the research and development, however, spending continues to prioritize the armored vehicle community’s capability matrix: survivability, lethality, manoeuvrability, connectivity, autonomy, modularity. This is reflected in sustained global investment in lighter, cheaper and more accurate active protection systems and MBTs, despite increasing demand for light protected mobility

Download the full report for further information on 2020's biggest, GLOBAL armored vehicle updates such as:

  • The U.S. Army update on the Robotic Combat Vehicle experiments, bids for the M2 Bradley Fighting Vehicle Replacement, the Mobile Protected Firepower Program, the JLTV Program and the replacement of the ABRAMS MBT fleet with an unmanned or optionally manned vehicle
  • Japan's plans to acquire a new wheeled armored vehicle to replace the ageing fleet of Komatsu Type 96 8x8 armored personnel carriers
  • A French Army update on deliveries of JAGUAR to replace wheeled combat vehicles in service, such as the ERC90 SAGAIE and the AMX 10RC and the modernization of the Army’s LECLERC MBT
  • Australia's update on the $5 billion Land 400 competition and the remaining two contenders, BAE Systems Australia and Rheinmetall, both leading consortiums of companies
  • German BAAINBw €900 million acquisition of 2,271 HX2 family vehicles from Rheinmetall MAN Military Vehicles through a framework agreement
  • Polish update on ‘Borsuk’ and ‘Pegasus’ programs
  • Lithuania's $435 million procurement of 88 GTK BOXER 8x8 modular AFVs
  • United Kingdom's procurement of 589 SCOUT Specialist Vehicles from General Dynamics Land Systems UK and 2,747 of US-made Oshkosh JLTV to fulfill part of its Multi-Role Vehicle Protected requirement

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