An armored personnel carrier is an armored vehicle designed to transport troops and supplies safely in a warzone. This particular vehicle was designed to carry one commander/gunner, a driver, and 11 soldiers. Projected to expand at a CAGR of 4.4% from 2022 to 2028, the global armored personnel carrier market will worth USD 5,246 million by 2028-end, according to Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global armored personnel carrier market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the armored personnel carrier industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the design, configuration, drive range, payload capacity, end user, and region. The global market for armored personnel carrier can be segmented by design: wheeled APC, tracked APC. The wheeled APC segment captured the largest share of the market in 2021. Armored personnel carrier market is further segmented by configuration: amphibious APC, non-amphibious APC. The non-amphibious APC segment held the largest share of the global armored personnel carrier market in 2021 and is anticipated to hold its share during the forecast period. Based on drive range, the armored personnel carrier market is segmented into: less than 500 km, more than 500 km. In 2021, the more than 500 km segment made up the largest share of revenue generated by the armored personnel carrier market. On the basis of payload capacity, the armored personnel carrier market also can be divided into: less than 10 tonnes, more than 10 tonnes. Armored personnel carrier market by end user is categorized into: military, law enforcement, others. The armored personnel carrier market by region can be segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By design:
– wheeled APC
– tracked APC

By configuration:
– amphibious APC
– non-amphibious APC

By drive range:
– less than 500 km
– more than 500 km

By payload capacity:
– less than 10 tonnes
– more than 10 tonnes

By end user:
– military
– law enforcement
– others

By region:
– North America
– Asia Pacific
– Europe
– Rest of the World (ROW)

The global armored personnel carrier market report offers detailed information on several market vendors, including BAE Systems plc, consortium IVECO-UTO Melara, DRB-HICOM Defence Technologies Sdn Bhd (DefTech), FNSS Savunma Sistemleri A.S. (FNSS), General Dynamics Corporation, Hanwha Defense Systems Corp., Katmerciler A.S., KMDB A.A. Morozova, Krauss-Maffei Wegmann GmbH & Co. KG, Nurol Makina ve Sanayi A.S., Rheinmetall AG, Terradyne Armored Vehicles Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global armored personnel carrier market.
– To classify and forecast the global armored personnel carrier market based on design, configuration, drive range, payload capacity, end user, region.
– To identify drivers and challenges for the global armored personnel carrier market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global armored personnel carrier market.
– To identify and analyze the profile of leading players operating in the global armored personnel carrier market.

Why Choose This Report
– Gain a reliable outlook of the global armored personnel carrier market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.