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According to Fortune Business Insights™, the global armored vehicle market size was valued at USD 22.28 billion in 2023 and is projected to reach USD 23.73 billion in 2024. The market is expected to grow significantly and reach USD 37.85 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period (2024–2032).

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Published by Rishika Chavan, 2025-07-02 02:30:08

Armored Vehicle Market Size

According to Fortune Business Insights™, the global armored vehicle market size was valued at USD 22.28 billion in 2023 and is projected to reach USD 23.73 billion in 2024. The market is expected to grow significantly and reach USD 37.85 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period (2024–2032).

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