Global Electric Armored Vehicle Market 2024-2030
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Global Electric Armored Vehicle Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

ELECTRIC ARMORED VEHICLE MARKET

 

INTRODUCTION TOELECTRIC ARMORED VEHICLE MARKET

In addition to or in place of traditional explosive reactive armour, electric armour, also known as electromagnetic armour, is a type of reactive armour proposed for the protection of ships and armoured fighting vehicles from shaped charge and maybe kinetic weapons (ERA).

 

An armed combat vehicle protected by armour is known as an armoured fighting vehicle (AFV), and they typically combine operational mobility with offensive and defensive capabilities. AFVs can move on wheels or on tracks.

 

Hercules is the most potent armoured vehicle in existence thanks to its top-of-the-line 7.0-liter 1,300 horsepower Supercharged V8 engine, which is an option.

 

The capabilities of tactical and logistics trucks, as well as armoured vehicles, may change as a result of electric vehicles (EVs). Although there are still some technical issues to be worked out before EVs are used in a combat environment, the new technology is already being used in some barracks. Their adoption into the Armed Forces is rapidly approaching reality.

 

ELECTRIC ARMORED VEHICLE MARKET SIZE AND FORECAST

 

Infographic: Electric Armored Vehicle Market, Electric Armored Vehicle Market Size, Electric Armored Vehicle Market Trends, Electric Armored Vehicle Market Forecast, Electric Armored Vehicle Market Risks, Electric Armored Vehicle Market Report, Electric Armored Vehicle Market Share

 

Global electric armored vehicle market  accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

ELECTRIC ARMORED VEHICLE MARKETNEW PRODUCT LAUNCH

The Bushmaster protected military vehicle has an electric variant, according to the Australian Army.

 

The 44 armoured vehicle, which was unveiled at the recent Chief of Amy Symposium in Adelaide, has two hybrid electric drives that can provide 140 kilowatts and 480 nanometers of continuous torque.

 

By adding 400 kilowatts of power, the vehicle's current diesel engine also acts as a range extender.

 

The 15-ton armoured vehicle known as the Bushmaster is available in troop carrier, command, patrol, support, weapons deployment, and ambulance versions.According to it offers up to 10 people blast and ballistic protection.

 

With 24-36 hours of silent watch on battery power, the Bushmaster can run at a range of up to 300 kilometres (186 miles) thanks to its improved power management technology.

 

Indian electric car maker PRAVAIG, based in Bengaluru, will take part in the next Auto Expo 2023, which will take place from January 13 through January 18, 2023.

 

The business will display VEER, the country's first electric military utility vehicle.To provide visitors with a glimpse of VEER in use, the Pravaig pavilion has been constructed with a military camouflage theme. Visitors will have the chance to use VEER personally and discover more about its cutting-edge features and capacity to handle the most difficult terrains.

 

ELECTRIC ARMORED VEHICLE MARKETCOMPANY PROFILE

 

THISELECTRIC ARMORED VEHICLE MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many electric armored vehicle are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global electric armored vehicle and key vendor selection criteria
  3. Where is the electric armored vehicle manufactured? What is the average margin per unit?
  4. Market share of Global electric armored vehicle market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global electric armored vehicle in-house
  6. key predictions for next 5 years in Global electric armored vehicle market
  7. Average B-2-B electric armored vehicle market price in all segments
  8. Latest trends in electric armored vehicle market, by every market segment
  9. The market size (both volume and value) of the electric armored vehicle market in 2024-2030 and every year in between?
  10. Production breakup of electric armored vehicle market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix