openPR Logo
Press release

Military Land Vehicles Market Poised for Steady Expansion Through 2030

Military Land Vehicles Market

Military Land Vehicles Market

Military Land Vehicles Market size was valued at USD 24.80 Billion in 2023 and the total Military Land Vehicles revenue is expected to grow at a CAGR of 4.20 % from 2024 to 2030, reaching nearly USD 33.08 Billion.

Military Land Vehicles Market Overview:

The military land vehicles market encompasses a diverse range of armored and tactical vehicles designed for ground combat and support operations. These vehicles play a pivotal role in modern warfare, offering mobility, protection, and firepower to armed forces worldwide. The market is characterized by a mix of legacy platforms undergoing upgrades and new-generation systems incorporating advanced technologies to meet evolving defense requirements.

Download a Free Sample Report Today : https://www.maximizemarketresearch.com/request-sample/189521/

Military Land Vehicles Market Dynamics:

Several factors influence the dynamics of the military land vehicles market. Increasing defense budgets, particularly in regions like North America and Europe, drive demand for both procurement and modernization of military vehicles. Geopolitical tensions and the need for rapid deployment capabilities further accelerate investments in advanced land platforms. Additionally, technological advancements in automation, artificial intelligence, and electrification are reshaping vehicle design and functionality, enhancing operational effectiveness and survivability.

Military Land Vehicles Market Outlook and Future Trends :

The future of the military land vehicles market is poised for significant transformation. Key trends include the integration of autonomous systems, networked warfare capabilities, and enhanced survivability features. The development of lighter, more agile platforms capable of rapid deployment is gaining traction, alongside efforts to reduce logistical footprints. Additionally, there is a growing emphasis on interoperability among allied forces, necessitating standardized platforms and communication systems to ensure cohesive operations across different military units.

Key Recent Developments:

Recent developments in the military land vehicles sector highlight a shift towards modernization and technological innovation. Notably, the U.S. Army's cancellation of the M10 Booker light assault vehicle program underscores the importance of operational suitability and weight considerations in vehicle design . Concurrently, international collaborations are emerging, such as the joint venture between Germany's Rheinmetall and Italy's Leonardo to develop advanced combat vehicles, signaling a trend towards consolidated defense manufacturing in Europe . These developments reflect a broader strategic realignment in military vehicle procurement, focusing on adaptability, technological integration, and international cooperation.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/request-sample/189521/

Military Land Vehicles Market Segmentation:

by Vehicle Type

Armored Fighting Vehicles (AFVs)
Unmanned Ground Vehicles (UGVs)
Light Protected Vehicles

by Application

Combat Operations
Logistics and Support
Reconnaissance and Surveillance
Engineering and Recovery

Some of the current players in the Military Land Vehicles Market are:

1. General Dynamics Corporation
2 BAE Systems plc
3. Rheinmetall AG
4. Oshkosh Corporation
5. Lockheed Martin Corporation
6. AM General LLC
7. Navistar International Corporation
8. Thales Group
9. Textron Inc.
10. KMW + Nexter Defense Systems
11. ST Engineering Ltd.
12. Iveco Defense Vehicles
13. Ashok Leyland Ltd.
14. Leonardo S.p.A.
15. Hanwha Defense
16. Tata Motors Limited
17. Krauss-Maffei Wegmann GmbH & Co. KG
18. Rostec State Corporation
19. Hyundai Rotem Company
20. China North Industries Group Corporation Limited (NORINCO)
North America Market Key Players:
21. General Dynamics Land Systems - Sterling Heights, Michigan, USA
22. Oshkosh Corporation - Oshkosh, Wisconsin, USA
23. BAE Systems Inc. - Arlington, Virginia, USA
24. Textron Systems - Providence, Rhode Island, USA
25. AM General - South Bend, Indiana, USA
26. Navistar Defense - Lisle, Illinois, USA
27. Lockheed Martin Csorporation - Bethesda, Maryland, USA
28. Rheinmetall Defence - Düsseldorf, Germany
29. The Boeing Company - Chicago, Illinois, USA
30. Canadian Commercial Corporation (CCC) - Ottawa, Ontario, Canada
31. Raytheon Technologies Corporation - Waltham, Massachusetts, USA
32. Leonardo DRS - Arlington, Virginia, USA
33. Doosan Infracore Defense - West Fargo, North Dakota, USA
34. Mack Defense - Allentown, Pennsylvania, USA
35. Krauss-Maffei Wegmann (KMW) - Munich, Germany
Asia Pacific Market Key Players:
36. Mitsubishi Heavy Industries (MHI) - Japan
37. Kawasaki Heavy Industries (KHI) - Japan
38. Hanwha Defense - South Korea
39. Hyundai Rotem Company - South Korea
40. ST Engineering - Singapore
41. PT Pindad - Indonesia
42. Norinco (China North Industries Corporation) - China
43. Avadi Heavy Vehicle Factory (HVF) - India
44. Mahindra Defence Systems Ltd - India
45. Otokar Otomotiv ve Savunma Sanayi A.Ş. - Turkey (with a significant presence in the Asia Pacific region)
46. FNSS Defense Systems - Turkey (with a significant presence in the Asia Pacific region)
47. Hanjin Heavy Industries & Construction (HHIC) - South Korea
48. Denel Land Systems - South Africa (with a presence in the Asia Pacific region)
49. General Dynamics Land Systems - Australia
50. Thales Australia - Australia (with a presence in the Asia Pacific region)
Europe Market Key Players:
51. Rheinmetall AG (Germany) Düsseldorf, Germany
52. Krauss-Maffei Wegmann (KMW) (Germany) Munich, Germany
53. Nexter Systems (France) Versailles, France
54. BAE Systems Land & Armaments (United Kingdom) London, United Kingdom
55. Thales Group (France) La Défense, France
56. Oshkosh Defense (United States, but has operations in Europe) Oshkosh, Wisconsin, United States
57. Iveco Defense Vehicles (Italy) Turin, Italy
58. General Dynamics European Land Systems (United States, but has operations in Europe) Madrid, Spain
59. Krauss-Maffei Wegmann (KMW) (Germany) Munich, Germany
60. Patria (Finland) Helsinki, Finland
Middle East and Africa Market Key Players:
61. ROSTEC
62. Lockheed Martin Corporation
63. The Boeing Company
64. Abu Dhabi Ship Building Co.
65. BMC Otomotiv Sanayi ve Ticaret A.Ş.
66. Fincantieri SpA
67. Saudi Arabian Military Industries (SAMI)
68. Denel SOC Ltd
69. BAE Systems PLC
70. Oshkosh Corporation
71. Patria Group
South America Market Key Players:
72. Rheinmetall AG
73. Columbus International Ltd.
74. Avibras Industria Aeroespacial
75. Verdict Media Limited

For additional reports on related topics, visit our website:

♦ Space Launch Services Market https://www.maximizemarketresearch.com/market-report/space-launch-services-market/1708/

♦ Fuel Cell UAV Market https://www.maximizemarketresearch.com/market-report/fuel-cell-uav-market/189287/

♦ Railway Management System Market https://www.maximizemarketresearch.com/market-report/global-railway-management-system-market/17893/

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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 Land Vehicles Market Poised for Steady Expansion Through 2030 here

News-ID: 4004540 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Histopathology Services Market Analysis by Opportunities, Size, Share, Future Scope, Revenue
Histopathology Services Market Analysis by Opportunities, Size, Share, Future Sc …
Histopathology Services Market size was valued at USD 25.90 Mn. in 2024 and the total Histopathology Services revenue is expected to grow by 8 % from 2025 to 2032, reaching nearly USD 47.95 Mn. Histopathology Services Market Overview: The Histopathology Services Market plays a critical role in disease diagnosis and medical research by examining tissue samples to detect abnormalities and assess the effects of treatment. Growing prevalence of cancer and chronic diseases,
UK Fertility Clinics Market Business Strategies, Revenue and Growth Rate
UK Fertility Clinics Market Business Strategies, Revenue and Growth Rate
UK Fertility Clinics Market size was valued at USD 712 Million in 2024 and the total UK Fertility Clinics Market is expected to grow at a CAGR of 9.12 % from 2025 to 2032, reaching nearly USD 1431.25 Million. UK Fertility Clinics Market Overview: The UK Fertility Clinics Market is experiencing steady growth driven by the rising prevalence of infertility, increasing awareness about assisted reproductive technologies (ART), and the growing number of
Padel Rackets Market Valued at USD 129.99 Million in 2024, Showing Significant Industry Expansion Potential
Padel Rackets Market Valued at USD 129.99 Million in 2024, Showing Significant I …
Padel Rackets Market size was valued at USD 129.99 Million in 2024 and the total Padel Rackets Market is expected to grow at a CAGR of 12.65% from 2025 to 2032, reaching nearly USD 337.12 Million. Padel Rackets Market Overview: The Padel Rackets Market is experiencing rapid expansion globally, fueled by the sport's growing popularity as a social and accessible alternative to tennis. Padel, a mix of tennis and squash, has become
Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 Billion)
Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 …
Automotive Haptic Technology Market size was valued at USD 4.30 Billion in 2024 and the total Global Automotive Haptic Technology Market revenue is expected to grow at a CAGR of 5.3% from 2025 to 2032, reaching nearly USD 6.50 Billion, rising demand for advanced infotainment systems. Automotive Haptic Technology Market Overview: The Automotive Haptic Technology Market is witnessing significant growth as automakers increasingly focus on enhancing driver engagement, safety, and comfort. Haptic

All 5 Releases


More Releases for Vehicle

Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025? The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025. To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245 Global truck platooning market is segmented
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122 Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),