Pro
Aerospace
Europe Armoured Personnel Carrier Market by End User
| Label | Amphibious | Non-Amphibious |
|---|---|---|
| 2018 | 396.5 USD Mn | 780.95 USD Mn |
| 2019 | 412.04 USD Mn | 804.22 USD Mn |
| 2020 | 403.43 USD Mn | 780.33 USD Mn |
| 2021 | 418.41 USD Mn | 802.05 USD Mn |
| 2022 | 434.84 USD Mn | 826.08 USD Mn |
| 2023 | 453.14 USD Mn | 853.17 USD Mn |
| 2024 | 473.57 USD Mn | 883.74 USD Mn |
| 2025 | 496.6 USD Mn | 918.51 USD Mn |
| 2026 | 523.39 USD Mn | 959.52 USD Mn |
| 2027 | 554.25 USD Mn | 1007.17 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Europe Armoured Personnel Carrier Market by Configuration market is on a steady long-term growth path. Segment value stands at roughly USD 1483 Mn in 2026 and is projected to reach USD 1561 Mn by 2027 — a gain of about 5% over the forecast period, translating to a CAGR in the mid-single digits.
- 2027: Non-Amphibious leads this comparison at 1. 01B USD — 65% of the combined total across all 2 groups shown.
- What the regional split looks like (2026): Non-Amphibious leads, holding roughly 65% of segment value — the single largest regional share. Amphibious is the second-largest contributor.
- By 2027, Non-Amphibious alone is expected to reach USD 1007 Mn, with Amphibious at USD 554 Mn.
Market Dynamics
2027: Non-Amphibious leads this comparison at 1.01B USD — 65% of the combined total across all 2 groups shown.
Amphibious follows at 554.25M USD, 45% smaller than Non-Amphibious.
Non-Amphibious: 780.95M USD to 1.01B USD, 29% higher by 2027.
Amphibious grows to 554.25M USD by 2027, from 396.50M USD in 2018 — 40% up.
Amphibious outpaces every other series here, 40% growth — worth watching even if it is not the biggest in absolute terms yet.
The 2-group total: 1.18B USD in 2018, 1.56B USD by 2027, 33% overall.
Making Sense Of 2 Series At Once
There are 2 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
Size and growth rate are two different questions here — a series can be small in absolute terms and still be growing the fastest of the group. Check both before drawing a conclusion.
Treat these values as a directional estimate of the Europe Armoured Personnel Carrier market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
Figures before the 2018 base year are historical estimates; the years through 2027 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.