Press release
Military Might: Military Land Vehicles Market Marches Forward with Trends, Size, and Opportunities
Military Land Vehicles Global Market Report 2024
The Business Research Company offers in-depth market insights through Military Land Vehicles Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The military land vehicles market size has grown strongly in recent years. It will grow from $22.1 billion in 2023 to $23.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to budget allocations and defense spending, logistical challenges and mobility needs, industrialization and mass production, military modernization programs, threat assessment and defense strategy..
The military land vehicles market size is expected to see strong growth in the next few years. It will grow to $29.13 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to global geopolitical shifts, logistics efficiency, interoperability and networking, enhanced survivability and protection, cybersecurity and digitalization, urban warfare capabilities.. Major trends in the forecast period include military modernization programs, adaptation to hybrid warfare, urban warfare capabilitiesm, shift towards unmanned and autonomous systems, enhanced survivability and protection..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=8994&type=smp
Market Segmentation:
The military land vehicles market covered in this report is segmented -
1) By Product Type: Infantry Fighting Vehicles, Armoured Personnel Carriers, Main Battle Tank, Light Multi-Role Vehicles, Tactical Trucks, Other Product Types
2) By Offerings: Services, Platforms
3) By Application: Defence, Transportation
Major Driver - Geopolitical Tensions Drive Surge In The Military Land Vehicles Market
Rising geopolitical tensions are expected to propel the growth of the military land vehicles market going forward. Geopolitical tensions are the political concerns that produce tension or turmoil between two or more countries. These tensions can be triggered by a variety of circumstances, including power, commerce, military activities, climate change, or significant events. Military land vehicles are high-performance vehicles designed for mobility and adaptability in challenging terrain, used for transporting personnel, combat equipment, resupplying combat vehicles, and weapons systems in the event of a conflict that might arise from geopolitical tensions. For instance, in 2021, according to the report published by the Peace Research Institute Organization (PRIO), a Norway-based organization that researches the conditions for peaceful relations between states, in 2021, at least 119,000 people perished as a consequence of organized violence between the countries which is a 46% increase over the previous year 2020. Therefore, the rising geopolitical tensions are driving the growth of the military land vehicles market.
Competitive Landscape:
Major companies operating in the military land vehicles market report are Oshkosh Defense LLC, BAE Systems plc, Ashok Leyland Limited, General Dynamics Corporation, ST Engineering Ltd., Rheinmetall AG, Krauss-Maffei Wegmann GmbH & Co. KG, Iveco S.p.A., Achleitner Fahrzeugbau, Deere & Company, Otokar Otomotiv ve Savunma Sanayi A.S., Hyundai Rotem Company, Lockheed Martin Corporation, Thales Group, Artec GmbH, Navistar Defense, Textron Systems, AM General LLC, Nexter Group, Hanwha Defense, FNSS Savunma Sistemleri A.Ş. Defense Systems, Tata Motors Limited, Kurganmashzavod, Uralvagonzavod, Rosoboronexport, China North Industries Corporation, Avibras Indústria Aeroespacial S.A., Rostec, Ukroboronprom, Paramount Group, Denel Land Systems (Pty) Ltd., Plasan Sasa Ltd., Mitsubishi Heavy Industries Ltd., Fabrique Nationale Herstal S.A. .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/military-land-vehicles-global-market-report
Top Trend - Advancements In Military Land Vehicles Propel Market Growth
Product innovations are a key trend gaining popularity in the military land vehicle market. Major companies operating in the military land vehicle market are focusing on innovative military vehicles to gain a competitive edge in the market. For instance, in May 2021, Rheinmetall, a Germany-based automotive and arms manufacturer, launched the latest generation of its HX family of heavy-duty tactical trucks for military use. The trucks feature autonomous driving capability, serve as the basis for several artillery systems, and provide improved protection, reliability and mobility, driving comfort, and digital interface architecture. HX3 generation vehicles are available in 4×4, 6×6, 8×8 and 10×10 variants. Its unique features such as emergency brake assist (EBA), adaptive cruise control (ACC) and lane departure warning (LDW), and a totally new electronic and electric architecture.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Military Land Vehicles Market Characteristics
3. Military Land Vehicles Market Trends And Strategies
4. Military Land Vehicles Market - Macro Economic Scenario
5. Military Land Vehicles Market Size And Growth
…..
27. Military Land Vehicles Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Military Might: Military Land Vehicles Market Marches Forward with Trends, Size, and Opportunities here
News-ID: 3405290 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Land
King Land Clearing Expands Premium Land Clearing Services Near Morehead
Morehead, NC - King Land Clearing, a trusted name in land clearing and site preparation [https://kinglandclearing.com/service/land-grading-and-site-preparation/], is pleased to announce the addition of its professional land clearing services offered to Morehead residents and other stakeholders. Operating under great principles of efficiency, safety, and environmentally-conscious practices, King Land Clearing is more than well-equipped to put a piece of land to purpose.
King Land Clearing also provides services in preparation of residential lots,…
Canadian Land Access Systems (CLAS) Revolutionizes Land Access
Canadian Land Access Systems' (CLAS) innovative platform is transforming the way landowners and guests interact and collaborate. With a commitment to empowering landowners through customizable rules, approval settings, and advanced geofence technology that can track when guests enter and exit, CLAS is revolutionizing how private, public, and First Nation lands are accessed across Canada.
Users can access a comprehensive suite of features. Landowners can manage who accesses their land, when, and…
King Land Clearing: Premier Land Clearing Company Near Jacksonville
Jacksonville, NC - King Land Clearing, the leading land clearing [https://kinglandclearing.com/] company in the region, offers quality land clearing to homeowners and businesses around Jacksonville. Focusing on excavation of overgrown or useless land to make it easily buildable, King Land Clearing offers professional services for various forms of land development.
If you are looking for professional land clearing services around Jacksonville, then you should turn to King Land Clearing. We have…
Land Surveying Market is Set for Lucrative Growth During 2023 to 2029 |BGT Land …
The Land Surveying market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Global Land Top Drive Market 2020, Land Top Drive Market, Land Top Drive Market …
Global Land Top Drive Market Growth 2020-2025 released by MarketandResearch.biz embarks with industry overview which clarifies value chain structure, industrial environment, market size, market share, regional analysis, application, and forecast. The report outlines the development factors improving or hampering the market advancement, major ruling organizations, monetary circumstance, and veritable certainties. This research is exceptionally advantageous to pursuers. This research refines variations of the global Land Top Drive market to help…
Land Surveying Market Exhibits a Lucrative Growth Potential during 2020-2025 | G …
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as "Global Land Surveying Market" Research Report 2020 provides an in-depth analysis of the Land Surveying with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Land Surveying on the basis of a…
