| Product Code: ETC5031073 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s import of armored vehicles saw significant growth in 2024, with top exporting countries including Sweden, Germany, Canada, South Korea, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 26.92% from 2020 to 2024 highlights the increasing demand for armored vehicles in Norway. Moreover, the remarkable growth rate of 45.23% from 2023 to 2024 suggests a surge in import shipments, reflecting a growing focus on defense and security measures in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Armored Vehicle Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Armored Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Armored Vehicle Market - Industry Life Cycle |
3.4 Norway Armored Vehicle Market - Porter's Five Forces |
3.5 Norway Armored Vehicle Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.6 Norway Armored Vehicle Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.7 Norway Armored Vehicle Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Norway Armored Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget in Norway |
4.2.2 Rising security concerns and threats in the region |
4.2.3 Modernization and upgrade programs for the Norwegian armed forces |
4.3 Market Restraints |
4.3.1 High cost of armored vehicles |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Limited technological advancements in the armored vehicle market |
5 Norway Armored Vehicle Market Trends |
6 Norway Armored Vehicle Market Segmentations |
6.1 Norway Armored Vehicle Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Norway Armored Vehicle Market Revenues & Volume, By Combat Vehicles, 2021-2031F |
6.1.3 Norway Armored Vehicle Market Revenues & Volume, By Combat Support Vehicles, 2021-2031F |
6.1.4 Norway Armored Vehicle Market Revenues & Volume, By Unmanned Armored Ground Vehicles, 2021-2031F |
6.2 Norway Armored Vehicle Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Norway Armored Vehicle Market Revenues & Volume, By Wheeled, 2021-2031F |
6.2.3 Norway Armored Vehicle Market Revenues & Volume, By Tracked, 2021-2031F |
6.3 Norway Armored Vehicle Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Norway Armored Vehicle Market Revenues & Volume, By Engine, 2021-2031F |
6.3.3 Norway Armored Vehicle Market Revenues & Volume, By Drive System, 2021-2031F |
6.3.4 Norway Armored Vehicle Market Revenues & Volume, By Ballistic Armor, 2021-2031F |
6.3.5 Norway Armored Vehicle Market Revenues & Volume, By Turret Drives, 2021-2031F |
6.3.6 Norway Armored Vehicle Market Revenues & Volume, By Ammunition Handling System, 2021-2031F |
6.3.7 Norway Armored Vehicle Market Revenues & Volume, By Fire Control Systems (FCS), 2021-2031F |
6.3.8 Norway Armored Vehicle Market Revenues & Volume, By Countermeasure System, 2021-2031F |
6.3.9 Norway Armored Vehicle Market Revenues & Volume, By Countermeasure System, 2021-2031F |
7 Norway Armored Vehicle Market Import-Export Trade Statistics |
7.1 Norway Armored Vehicle Market Export to Major Countries |
7.2 Norway Armored Vehicle Market Imports from Major Countries |
8 Norway Armored Vehicle Market Key Performance Indicators |
8.1 Number of defense contracts awarded for armored vehicles |
8.2 Investment in research and development for armored vehicle technologies |
8.3 Growth in demand for specialized armored vehicles for specific operations |
9 Norway Armored Vehicle Market - Opportunity Assessment |
9.1 Norway Armored Vehicle Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.2 Norway Armored Vehicle Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.3 Norway Armored Vehicle Market Opportunity Assessment, By System, 2021 & 2031F |
10 Norway Armored Vehicle Market - Competitive Landscape |
10.1 Norway Armored Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Norway Armored Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |