Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Middle East and Africa 8X8 Armoured Vehicle Market Outlook
The size of the Middle East and Africa 8X8 armoured vehicle market in 2023 was estimated at USD 996.03 million and is expected to expand from 2024 to 2032 at a CAGR of 5.2%.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The 8X8 armoured vehicles can protect their occupants, thereby helping defence forces and home security departments protect their staff while engaging with terrorists, curbing community riots, and addressing other threats. Manufacturers have begun to embrace the latest technological trends and offer 8x8 armoured vehicles tailored to end-user specifications. For such vehicles ordered for commercial purposes and personal safety, some manufacturers also offer enhanced designs and customised functionality. Advances in technology have enabled manufacturers of 8X8 armoured vehicles to use composite material, a combination of stainless steel, galvanized steel, aluminium, and ceramic to enhance vehicle resistance to corrosion.
Market Segmentation
The industry can be divided on the basis of segments like application and product. The industry can be broadly categorised on the basis of its application into:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
- Defence
- Homeland Security
- Commercial
The industry can be divided on the basis of its product as armoured personnel carrier (APC), infantry fighting vehicle (IFV), light protected vehicle (LPV), main battle tank (MBT), mine-resistant ambush-protected (MRAP), and tactical vehicle, among others.
Market Analysis
The market is expected to be driven by the growing focus of the armed forces on protecting soldiers from all kinds of internal and external threats. High emphasis on countering rising criminal activities and cross-border terrorism by homeland security departments are expected to drive the industry growth further. Growing terrorist activities in some Middle East and Africa nations have triggered asymmetric warfare. At the same time, the departments of home security are becoming increasingly concerned about the growing riots and organised crimes in the community. These factors are driving the demand for armoured 8x8 trucks. On the other hand, the growing awareness of security and safety is also creating new opportunities in the region, especially among high-placed individuals.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
The report presents a detailed analysis of the following key players in the Middle East and Africa 8X8 armoured vehicle market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BAE Systems
- General Dynamics European Land Systems
- Iveco Defence Vehicles
- Rheinmetall AG
- International Armored Group
- Krauss-Maffei Wegmann GmbH & Co.
- Oshkosh Defense, LLC
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The Middle East and Africa 8X8 armoured vehicle market reached a value of USD 996.03 million in 2023.
The market is projected to grow at a CAGR of nearly 5.2% in the forecast period of 2024-2032.
The major drivers of the market include the rising disposable incomes, increasing population, rising advancements in technology, and the increasing demand from the defence sector.
The rising terrorist activities in some Middle East and Africa nations have triggered asymmetric warfare, acting as a key trend for the market.
Saudi Arabia, Iran, Egypt, South Africa, and Turkey are the leading regions in the market.
The major types of 8X8 armoured vehicle in the market are armoured personnel carrier (APC), infantry fighting vehicle (IFV), light protected vehicle (LPV), main battle tank (MBT), mine-resistant ambush-protected (MRAP), and tactical vehicle, among others.
The leading application segments in the market are defence, homeland security, and commercial.
The leading players in the market are BAE Systems, General Dynamics European Land Systems, Iveco Defence Vehicles, Rheinmetall AG, International Armored Group, Krauss-Maffei Wegmann GmbH & Co., Oshkosh Defense, LLC, and Others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124