What are the major opportunities in the Armored Personnel Carrier APC market? What are the strategies for the Armored Personnel Carrier APC market?

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How does the Armored Personnel Carrier APC market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Armored Personnel Carrier APC market growth? SWOT analysis of the Armored Personnel Carrier APC market.

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Global Armored Personnel Carrier (APC) Market Report 2025

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Armored Personnel Carrier (APC) Global Market Report 2025

Name: Armored Personnel Carrier (APC) Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Type (Infantry Fighting Vehicle, Infantry Mobility Vehicle), By System (Drive Systems, Structures And Mechanisms, Weapons And Ammunition Control Systems, Countermeasure Systems, Command And Control Systems, Navigation Systems, Observation And Display Systems, Other Systems), By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By Application (Military Operations, Civilian Protection, Peacekeeping Missions, Counter-Terrorism Operations), By End-Use (Defense Forces, Law Enforcement Agencies, Private Security) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Armored Personnel Carrier (APC) Market Overview

• Armored Personnel Carrier (APC) market size has reached to $11.89 billion in 2024

• Expected to grow to $15.7 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%

• Growth Driver: Rising Terrorist Threats Fueling The Growth Of The Market Due To Increasing Need For Secure Troop Deployment And Operational Protection

• Market Trend: Advanced Tracked APCs Enhance Mobility And Survivability In Challenging Terrains

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Armored Personnel Carrier (APC) Market?

An armored personnel carrier (APC) is a protected military vehicle built to transport soldiers and their infantry safely through combat areas. It features armored shielding to defend against gunfire, explosive fragments, and other battlefield threats. Its main purpose is to enhance troop mobility and survivability in combat zones.

The main types of armored personnel carrier (APC) are infantry fighting vehicle and infantry mobility vehicle. An infantry fighting vehicle (IFV) is an armored combat vehicle that transports infantry while providing direct fire support with advanced weaponry. It comprises various systems, including drive systems, structures and mechanisms, weapons and ammunition control systems, countermeasure systems, command and control systems, Navigation Systems, observation and display systems, and others with various platforms, such as combat vehicles, combat support vehicles, and unmanned armored ground vehicles. It is applicable in several applications, such as military operations, civilian protection, peacekeeping missions, and counter-terrorism operations, serving various end-users such as defense forces, law enforcement agencies, and private security.

Armored Personnel Carrier (APC) Market Size and growth rate 2025 to 2029: Graph

What Is The Armored Personnel Carrier (APC) Market Size 2025 And Growth Rate?

The armored personnel carrier (APC) market size has grown strongly in recent years. It will grow from $11.89 billion in 2024 to $12.61 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing cross-border military tensions, rising demand for troop mobility, growing defense modernization programs, increasing adoption of hybrid vehicles, and growing integration of advanced sensors.

What Is The Armored Personnel Carrier (APC) Market Growth Forecast?

The armored personnel carrier (APC) market size is expected to see strong growth in the next few years. It will grow to $15.70 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing combats, increasing need for sophisticated driving systems, increasing safety and security concerns, demand for strong and resilient diesel engines, and growing defense budget allocations globally. Major trends in the forecast period include advancements in modular armor design, integration of artificial intelligence (AI)-based navigation systems, technology-driven remote weapon stations, developments in hybrid-electric propulsion, and technology upgrades for situational awareness.

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What’s The Trade War Impact On Aerospace And Defense Industry?

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

How is the Armored Personnel Carrier (APC) Market Segmented?

1) By Type: Infantry Fighting Vehicle, Infantry Mobility Vehicle

2) By System: Drive Systems, Structures And Mechanisms, Weapons And Ammunition Control Systems, Countermeasure Systems, Command And Control Systems, Navigation Systems, Observation And Display Systems, Other Systems

3) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles

4) By Application: Military Operations, Civilian Protection, Peacekeeping Missions, Counter-Terrorism Operations

5) By End-Use: Defense Forces, Law Enforcement Agencies, Private Security

Subsegments:

1) By Infantry Fighting Vehicle: Tracked Infantry Fighting Vehicle (IFV), Wheeled Infantry Fighting Vehicle (IFV), Amphibious Infantry Fighting Vehicle (IFV), Airborne Infantry Fighting Vehicle (IFV)

2) By Infantry Mobility Vehicle: Mine-Resistant Ambush Protected (MRAP) Vehicles, Light Armored Vehicles (LAV), Armored Utility Vehicles, 4x4 And 6x6 Tactical Vehicles

What Is Driving The Armored Personnel Carrier (APC) Market? Rising Terrorist Threats Fueling The Growth Of The Market Due To Increasing Need For Secure Troop Deployment And Operational Protection

The rising terrorist threats are expected to propel the growth of the armored personnel carrier (APC) market going forward. Terrorist threats are warnings or indications of planned acts of violence intended to cause fear and advance extremist objectives. The increasing terrorist threats often result from political instability, which creates opportunities for extremist groups to grow and carry out attacks. Armored personnel carriers address terrorist threats by providing secure transport for troops in hostile environments, enhancing protection during high-risk operations. They improve tactical response by withstanding small arms fire and explosive devices, increasing mission safety and effectiveness. For instance, in March 2023, according to the Institute for Economics & Peace, a US-based non-governmental organization, the average number of fatalities per terrorist attack rose to 1.7 in 2022, up from 1.3 deaths in 2021. Therefore, the rising terrorist threats are driving the growth of the armored personnel carrier industry.

Who Are The Major Players In The Global Armored Personnel Carrier (APC) Market?

Major Companies operating in the armored personnel carrier (APC) market are Lockheed Martin Corporation, Rostec, BAE Systems plc, Thales Group, Iveco Group N.V., Textron Systems, ST Engineering Ltd., Rheinmetall AG, Elbit Systems Ltd., Ashok Leyland Ltd., Hyundai Rotem Company, Oshkosh Defense LLC, General Dynamics Land Systems, Krauss-Maffei Wegmann GmbH & Co. KG, AM General LLC, Tata Advanced Systems Limited, Roshel Inc., Hanwha Defense, Streit Group, Navistar International.

What Are The Key Trends Of The Global Armored Personnel Carrier (APC) Market? Advanced Tracked APCs Enhance Mobility And Survivability In Challenging Terrains

Major companies operating in the armored personnel carrier (APC) market are focusing on developing advanced products, such as all-terrain wide-track systems, to boost mobility in harsh environments. An all-terrain wide-track system refers to a vehicle track design with broader treads that distribute weight more evenly, enhancing traction and stability on challenging surfaces such as snow, mud, and marshes. For instance, in June 2024, Patria Plc, a Finland-based armored vehicle manufacturing company, launched FAMOUS, a new caterpillar-armored personnel carrier. The FAMOUS is a modern vehicle designed for superior mobility in harsh conditions such as snow and marshland, featuring an all-terrain wide-track system, a front-mounted engine-transmission compartment to maximize internal space, and a remotely operated weapon station. Its advanced design supports a wide range of missions, including troop transport, command operations, and medical evacuation.

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What Are Latest Mergers And Acquisitions In The Armored Personnel Carrier (APC) Market? Nurol Expands Defense Portfolio With FNSS Acquisition

In November 2024, Nurol Holding, a Turkey-based industrial conglomerate company, acquired FNSS Savunma Sistemleri A.S. for an undisclosed amount. With this acquisition, Nurol strengthened its position in the defense sector by gaining full control over FNSS's advanced armored vehicle production capabilities, enhancing its strategic footprint in both domestic and international defense markets. FNSS Savunma Sistemleri A.S. is a Turkey-based defense manufacturing company specializing in advanced armored personnel carriers.

What Is The Regional Outlook For The Global Armored Personnel Carrier (APC) Market?

North America was the largest region in the armored personnel carrier (APC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this armored personnel carrier (APC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this armored personnel carrier (APC) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Armored Personnel Carrier (APC) Market?

The armored personnel carrier (APC) market consists of sales of wheeled armored personnel carrier (APC), tracked armored personnel carrier (APC), amphibious armored personnel carrier (APC), and modular armored personnel carrier (APC) platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Armored Personnel Carrier (APC) Industry?

The armored personnel carrier (APC) market research report is one of a series of new reports from The Business Research Company that provides market statistics, including the armored personnel carrier (APC) industry global market size, regional shares, competitors with the market share, detailed market segments, market trends, opportunities, and any further data you may need to thrive in the armored personnel carrier (APC) industry. This armored personnel carrier (APC) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Armored Personnel Carrier APC Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$12.61 billion
Revenue Forecast In 2034	$15.70 billion
Growth Rate	CAGR of 5.6% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	Drug Class, Disease Type, Route Of Administration, Distribution Channel, End-User, Anti-Inflammatory Drugs, Immunosuppressants, Biologics And Targeted Therapy, Disease-Modifying Anti-Rheumatic Drugs (DMARDs), Other Drug Classes
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Lockheed Martin Corporation, Rostec, BAE Systems plc, Thales Group, Iveco Group N.V., Textron Systems, ST Engineering Ltd., Rheinmetall AG, Elbit Systems Ltd., Ashok Leyland Ltd., Hyundai Rotem Company, Oshkosh Defense LLC, General Dynamics Land Systems, Krauss-Maffei Wegmann GmbH & Co. KG, AM General LLC, Tata Advanced Systems Limited, Roshel Inc., Hanwha Defense, Streit Group, Navistar International.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Armored Personnel Carrier (APC) Market Characteristics

3. Armored Personnel Carrier (APC) Market Trends And Strategies

4. Armored Personnel Carrier (APC) Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Armored Personnel Carrier (APC) Growth Analysis And Strategic Analysis Framework

5.1. Global Armored Personnel Carrier (APC) PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Armored Personnel Carrier (APC) Market Growth Rate Analysis

5.4. Global Armored Personnel Carrier (APC) Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Armored Personnel Carrier (APC) Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Armored Personnel Carrier (APC) Total Addressable Market (TAM)

6. Armored Personnel Carrier (APC) Market Segmentation

6.1. Global Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Infantry Fighting Vehicle

Infantry Mobility Vehicle

6.2. Global Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Drive Systems

Structures And Mechanisms

Weapons And Ammunition Control Systems

Countermeasure Systems

Command And Control Systems

Navigation Systems

Observation And Display Systems

Other Systems

6.3. Global Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Combat Vehicles

Combat Support Vehicles

Unmanned Armored Ground Vehicles

6.4. Global Armored Personnel Carrier (APC) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Military Operations

Civilian Protection

Peacekeeping Missions

Counter-Terrorism Operations

6.5. Global Armored Personnel Carrier (APC) Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Defense Forces

Law Enforcement Agencies

Private Security

6.6. Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tracked Infantry Fighting Vehicle (IFV)

Wheeled Infantry Fighting Vehicle (IFV)

Amphibious Infantry Fighting Vehicle (IFV)

Airborne Infantry Fighting Vehicle (IFV)

6.7. Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Mobility Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mine-Resistant Ambush Protected (MRAP) Vehicles

Light Armored Vehicles (LAV)

Armored Utility Vehicles

4x4 And 6x6 Tactical Vehicles

7. Armored Personnel Carrier (APC) Market Regional And Country Analysis

7.1. Global Armored Personnel Carrier (APC) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Armored Personnel Carrier (APC) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Armored Personnel Carrier (APC) Market

8.1. Asia-Pacific Armored Personnel Carrier (APC) Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Armored Personnel Carrier (APC) Market

9.1. China Armored Personnel Carrier (APC) Market Overview

9.2. China Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Armored Personnel Carrier (APC) Market

10.1. India Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Armored Personnel Carrier (APC) Market

11.1. Japan Armored Personnel Carrier (APC) Market Overview

11.2. Japan Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Armored Personnel Carrier (APC) Market

12.1. Australia Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Armored Personnel Carrier (APC) Market

13.1. Indonesia Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Armored Personnel Carrier (APC) Market

14.1. South Korea Armored Personnel Carrier (APC) Market Overview

14.2. South Korea Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Armored Personnel Carrier (APC) Market

15.1. Western Europe Armored Personnel Carrier (APC) Market Overview

15.2. Western Europe Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Armored Personnel Carrier (APC) Market

16.1. UK Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Armored Personnel Carrier (APC) Market

17.1. Germany Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Armored Personnel Carrier (APC) Market

18.1. France Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Armored Personnel Carrier (APC) Market

19.1. Italy Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Armored Personnel Carrier (APC) Market

20.1. Spain Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Armored Personnel Carrier (APC) Market

21.1. Eastern Europe Armored Personnel Carrier (APC) Market Overview

21.2. Eastern Europe Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Armored Personnel Carrier (APC) Market

22.1. Russia Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Armored Personnel Carrier (APC) Market

23.1. North America Armored Personnel Carrier (APC) Market Overview

23.2. North America Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Armored Personnel Carrier (APC) Market

24.1. USA Armored Personnel Carrier (APC) Market Overview

24.2. USA Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Armored Personnel Carrier (APC) Market

25.1. Canada Armored Personnel Carrier (APC) Market Overview

25.2. Canada Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Armored Personnel Carrier (APC) Market

26.1. South America Armored Personnel Carrier (APC) Market Overview

26.2. South America Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Armored Personnel Carrier (APC) Market

27.1. Brazil Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Armored Personnel Carrier (APC) Market

28.1. Middle East Armored Personnel Carrier (APC) Market Overview

28.2. Middle East Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Armored Personnel Carrier (APC) Market

29.1. Africa Armored Personnel Carrier (APC) Market Overview

29.2. Africa Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Armored Personnel Carrier (APC) Market Competitive Landscape And Company Profiles

30.1. Armored Personnel Carrier (APC) Market Competitive Landscape

30.2. Armored Personnel Carrier (APC) Market Company Profiles

30.2.1. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Rostec Overview, Products and Services, Strategy and Financial Analysis

30.2.3. BAE Systems plc Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Thales Group Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Iveco Group N.V. Overview, Products and Services, Strategy and Financial Analysis

31. Armored Personnel Carrier (APC) Market Other Major And Innovative Companies

31.1. Textron Systems

31.2. ST Engineering Ltd.

31.3. Rheinmetall AG

31.4. Elbit Systems Ltd.

31.5. Ashok Leyland Ltd.

31.6. Hyundai Rotem Company

31.7. Oshkosh Defense LLC

31.8. General Dynamics Land Systems

31.9. Krauss-Maffei Wegmann GmbH & Co. KG

31.10. AM General LLC

31.11. Tata Advanced Systems Limited

31.12. Roshel Inc.

31.13. Hanwha Defense

31.14. Streit Group

31.15. Navistar International

32. Global Armored Personnel Carrier (APC) Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Armored Personnel Carrier (APC) Market

34. Recent Developments In The Armored Personnel Carrier (APC) Market

35. Armored Personnel Carrier (APC) Market High Potential Countries, Segments and Strategies

35.1 Armored Personnel Carrier (APC) Market In 2029 - Countries Offering Most New Opportunities

35.2 Armored Personnel Carrier (APC) Market In 2029 - Segments Offering Most New Opportunities

35.3 Armored Personnel Carrier (APC) Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Armored Personnel Carrier (APC) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Armored Personnel Carrier (APC) Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Mobility Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Armored Personnel Carrier (APC) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Armored Personnel Carrier (APC) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Lockheed Martin Corporation Financial Performance

Table 79: Rostec Financial Performance

Table 80: BAE Systems plc Financial Performance

Table 81: Thales Group Financial Performance

Table 82: Iveco Group N.V. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Armored Personnel Carrier (APC) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Armored Personnel Carrier (APC) Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Fighting Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Armored Personnel Carrier (APC) Market, Sub-Segmentation Of Infantry Mobility Vehicle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Armored Personnel Carrier (APC) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Armored Personnel Carrier (APC) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Armored Personnel Carrier (APC) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Armored Personnel Carrier (APC) Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Armored Personnel Carrier (APC) Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Lockheed Martin Corporation Financial Performance

Figure 79: Rostec Financial Performance

Figure 80: BAE Systems plc Financial Performance

Figure 81: Thales Group Financial Performance

Figure 82: Iveco Group N.V. Financial Performance

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Frequently Asked Questions

What is the definition of the Armored Personnel Carrier APC market?

How will the Armored Personnel Carrier APC market drivers and restraints affect the market dynamics? What forces will shape the Armored Personnel Carrier APC industry going forward?

The Armored Personnel Carrier APC market major growth driver - Rising Terrorist Threats Fueling The Growth Of The Market Due To Increasing Need For Secure Troop Deployment And Operational Protection. For further insights on the Armored Personnel Carrier APC market, request a sample here

What is the forecast market size or the forecast market value of the Armored Personnel Carrier APC market?

The Armored Personnel Carrier APC market size has grown strongly in recent years. The armored personnel carrier (APC) market size has grown strongly in recent years. It will grow from $11.89 billion in 2024 to $12.61 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing cross-border military tensions, rising demand for troop mobility, growing defense modernization programs, increasing adoption of hybrid vehicles, and growing integration of advanced sensors. The armored personnel carrier (APC) market size is expected to see strong growth in the next few years. It will grow to $15.70 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing combats, increasing need for sophisticated driving systems, increasing safety and security concerns, demand for strong and resilient diesel engines, and growing defense budget allocations globally. Major trends in the forecast period include advancements in modular armor design, integration of artificial intelligence (AI)-based navigation systems, technology-driven remote weapon stations, developments in hybrid-electric propulsion, and technology upgrades for situational awareness. For further insights on the Armored Personnel Carrier APC market, request a sample here

How is the Armored Personnel Carrier APC market segmented?

The armored personnel carrier (APC) market covered in this report is segmented –
1) By Type: Infantry Fighting Vehicle, Infantry Mobility Vehicle
2) By System: Drive Systems, Structures And Mechanisms, Weapons And Ammunition Control Systems, Countermeasure Systems, Command And Control Systems, Navigation Systems, Observation And Display Systems, Other Systems
3) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles
4) By Application: Military Operations, Civilian Protection, Peacekeeping Missions, Counter-Terrorism Operations
5) By End-Use: Defense Forces, Law Enforcement Agencies, Private Security Subsegments:
1) By Infantry Fighting Vehicle: Tracked Infantry Fighting Vehicle (IFV), Wheeled Infantry Fighting Vehicle (IFV), Amphibious Infantry Fighting Vehicle (IFV), Airborne Infantry Fighting Vehicle (IFV)
2) By Infantry Mobility Vehicle: Mine-Resistant Ambush Protected (MRAP) Vehicles, Light Armored Vehicles (LAV), Armored Utility Vehicles, 4x4 And 6x6 Tactical Vehicles For further insights on the Armored Personnel Carrier APC market, request a sample here

Which region has the largest share of the Armored Personnel Carrier APC market? What are the other regions covered in the report?

North America was the largest region in the armored personnel carrier (APC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the armored personnel carrier (APC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Armored Personnel Carrier APC market, request a sample here.

Who are the major players in the Armored Personnel Carrier APC market?

What are the key trends in the Armored Personnel Carrier APC market?

Major trends in the Armored Personnel Carrier APC market include Advanced Tracked APCs Enhance Mobility And Survivability In Challenging Terrains. For further insights on the Armored Personnel Carrier APC market, request a sample here.