Press release
North America Military Land Vehicle Market to Reach USD 24252.57 Mn by 2029, emerging at a CAGR of 43.34 percent and forecast 2023-2029
North America Military Land Vehicle Market
The North America Military Land Vehicle Market report presents a comprehensive analysis of the market's dynamics and trends, focusing on factors that are shaping the growth of the industry. It encompasses insights into evolving strategies, product developments, and regional insights, providing a holistic perspective for stakeholders.
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North America Military Land Vehicle Market Research Methodology:
The findings in this press release are sourced from a robust research methodology that blends primary and secondary data sources, offering a combination of qualitative and quantitative information.
What are North America Military Land Vehicle Market Dynamics:
The U.S. military places immense value on its vehicles, underscoring their strength and capabilities. In recent years, the need for rapid battlefield navigation has become paramount for ground forces. Simultaneously, the military automotive industry is undergoing a profound transformation, transitioning away from traditional internal combustion engines to embrace electric power systems. Leading market players are now focusing on the development of electric military vehicles, with some aiming to fully replace internal combustion engines in their vehicle lineup. This drive has significantly increased the global demand for military land vehicles.
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What is North America Military Land Vehicle Market Segmentation:
by Offering
1.Platform
2.Service
by Product Type
1.Infantry Fighting Vehicles (IFV)
2.Armored Personnel Carriers (APC)
3.Main Battle Tanks (MBT)
4.Light Multirole Vehicles (LMV)
5.Tactical Trucks
by Application
1.Defence and Combat
2.Logistics and Transportation
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Who are North America Military Land Vehicle Market Key Players:
1.General Dynamics Land Systems - Sterling Heights, Michigan, USA
2.Oshkosh Corporation - Oshkosh, Wisconsin, USA
3.BAE Systems Inc. - Arlington, Virginia, USA
4.Textron Systems - Providence, Rhode Island, USA
5. AM General - South Bend, Indiana, USA
6.Navistar Defense - Lisle, Illinois, USA
7.Lockheed Martin Corporation - Bethesda, Maryland, USA
8.Rheinmetall Defence - Düsseldorf, Germany (North American division headquarters in Sterling Heights, Michigan, USA)
9.The Boeing Company - Chicago, Illinois, USA
10.Canadian Commercial Corporation (CCC) - Ottawa, Ontario, Canada
11. Raytheon Technologies Corporation - Waltham, Massachusetts, USA
12.Leonardo DRS - Arlington, Virginia, USA
13.Doosan Infracore Defense - West Fargo, North Dakota, USA
14.Mack Defense - Allentown, Pennsylvania, USA
15.Krauss-Maffei Wegmann (KMW) - Munich, Germany (North American division headquarters in Reston, Virginia, USA
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Table of content for the North America Military Land Vehicle Market includes:
North America Military Land Vehicle Market : Research Methodology
North America Military Land Vehicle Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. North America Military Land Vehicle Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
North America Military Land Vehicle Market Regional Insights:
United States: The U.S. secured the largest share of the North America Military Land Vehicle Market in 2023, primarily driven by an increased focus on soldier safety and the global demand for advanced machinery to support a variety of emergencies and tactical missions. Military vehicle original equipment manufacturers (OEMs) in the U.S. have been making strategic investments in new product development to meet market requirements. These market players have introduced various upgrades in military land vehicles to remain competitive. For instance, Iveco Defence partnered with BAE Systems to develop the Amphibious Combat Vehicles (ACV) for the Marine Corps, which is expected to drive further advancements in the U.S. military vehicle sector.
Mexico: Mexico held the third-largest market share in the North America Military Land Vehicle Market. Mexican military land vehicle manufacturers have been significantly focused on research and development, aiming to drive the North American Military Land Vehicle Market during the forecast period. Mexico's TPS Armoring and its U.S. counterpart, TPS Armoring, have joined forces to showcase their military land vehicles globally. The companies unveiled the Epel TPV and the brand-new Black Mamba QRV at an exhibition. The Black Mamba QRV is a quick-reaction vehicle available in different protection levels, featuring a payload of 1.32 tons and a 330-horsepower engine. It is poised to enhance transportation capabilities in tactical missions.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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