There are currently about 200 or 300 thousand armored cars around the world, but market watchers expect that figure to continue to rise.
According to an LA Times report, the armored vehicle business has become increasingly profitable, with many manufacturers predicting year-on-year growth.
The 2020 Range Rover Sentinel is armored to withstand a bomb and AK-47 or AR-15 firearms.
“People are worried by acts of violence. Lawyers, doctors, business people are worried about their family members being in the wrong place at the wrong time, ”said Mark Burton of the ArmorMax weapons company.
Building an armored car is a tricky issue. Although the vehicle may look normal, wearing bulletproof tiles brings a cost and added weight that requires other engineering techniques.
The new Sentinel model weighs more than twice that of a Range Rover. To carry all that weight, the new Sentinel comes with a powerful V8 engine. Also, the new Sentinel comes equipped with a tailgate, via the luggage compartment, in case the doors of the cars may be locked.
Range Rover has not yet revealed the price of its newest Sentinel, but the 2015 model started at $445,000 (about €404,000).