Armored Vehicles Market Size, Company Profiles, Cost Models and Analysis 2022-2027
The latest research study " Armored Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global armored vehicles market size reached US$ 15.75 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 22.98 Billion by 2027, exhibiting a growth rate (CAGR) of 6.15% during 2022-2027. Armored vehicles refer to automobiles specially designed with partial or complete armor plating to withstand attacks and explosions. Common variants include private carriers, main battle tanks, tactical trucks, buses, infantry fighting vehicles, limousines, and sedans. Armored vehicles provide high protection against basaltic threats, such as bullets, missiles, and improvised explosives devices (IEDs). They are also used in transporting military personnel and valuable items, including money and jewelry. Armored vehicles are usually fitted with weapons and a protective shell manufactured from various