Global Armored Vehicles Market: Industry Analysis

Mayurikathade09 Nov, 2021Business

Global Armored Vehicles Market was valued at US$ 11.6 Bn in 2020 and is expected to reach US$ 17.33 Bn by 2027, at a CAGR of 5.9% during a forecast period. Global Armored Vehicles Market Overview: An armored vehicle is an armed combat vehicle protected by armor, generally combining operational mobility with offensive and defensive capabilities. AFVs can be wheeled or tracked. Main battle tanks, armored cars, armored self-propelled guns, and armored personnel carriers are all examples of Armored Vehicles.