Military Truck Market Outlook to 2027 - ARQUUS, CNH Industrial N.V., Daimler AG, General Dynamics, Krauss-Maffei Wegmann, MITSUBISHI HEAVY INDUSTRIES, Oshkosh, Rheinmetall, Tata Motors, Textron Systems

MARKET INTRODUCTION

Military trucks are used for various purposes such as logistics & cargo, troop, and utility applications. For land combat situations, some of these trucks also have vehicle armour plate and off-road capability. These trucks come in various axle configurations of 4x4, 6x6, 8x8 and others to meet the specific application requirements. The rising investments in military equipment by various governments worldwide and availability of customized & technology driven military trucks are some of the factors that are anticipated to fuel the growth of global military truck market during the forecast period of 2019 to 2027.

MARKET DYNAMICS

The military truck market is anticipated to grow in the forecast period owing to the growing demand for multipurpose military trucks and rising investments in military equipment across the globe. However, fluctuations in raw material prices and uncertain oil prices could affect the growth of military truck market during the forecast period of 2019 to 2027. In spite of these restraining factors, the rising demand for technologically advanced as well as electric/hybrid military trucks is projected to drive the growth of global military truck market across all regions.

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MARKET SCOPE

The "Global Military Truck Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of military truck market with detailed market segmentation by propulsion, transmission type, axle, application, and geography. The global military truck market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading military truck market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global military truck market is segmented on the basis of propulsion, transmission type, axle, application, and geography. Based on propulsion, the market is segmented into gasoline, diesel, and electric/hybrid. By transmission type, the market is segmented into automatic, semi-automatic, and manual. Based on axle, the market is segmented into 4x4, 6x6, 8x8, and others. By application, the market is segmented into logistics/cargo carrier, troop carrier, and utility carrier.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global military truck market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The military truck market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting military truck market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the military truck market in these regions.

MARKET PLAYERS

The reports cover key developments in the military truck market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from military truck market are anticipated to lucrative growth opportunities in the future with the rising demand for military truck in the global market. Below mentioned is the list of few companies engaged in the military truck market.

The report also includes the profiles of key military truck companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last three years, key developments in the past five years.

Leading Military Truck Market Players:

• ARQUUS
• CNH Industrial N.V. (IVECO DEFENCE VEHICLES)
• Daimler AG
• General Dynamics Corporation
• Krauss-Maffei Wegmann GmbH and Co. KG
• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Oshkosh Corporation
• Rheinmetall AG
• Tata Motors
• Textron Systems

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Key Elements that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the Military Truck Market.
• Key market trends cracking up the growth of the Military Truck Market.
• Challenges to market growth.
• Key vendors of Military Truck Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Military Truck Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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This release was published on openPR.