Press release
Impact Of Economic Growth On Land-Based Defense Equipment Market: Core Growth Enabler in the Land based Defense Equipment Market, 2025
Land based Defense Equipment Market
Land based Defense Equipment Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for land-based defense equipment has seen robust growth. It is projected to expand from $47.15 billion in 2024 to $51.04 billion in 2025, registering a compound annual growth rate (CAGR) of 8.2%. The growth during the historic period can be linked to the rise in military budgets, geopolitical instabilities, evolving threat scenarios, strategic partnerships, and operational necessities.
How Will the Land based Defense Equipment Market Size Evolve and Grow by 2029?
The market size of terrestrial defense equipment is projected to witness significant expansion in the coming years, reaching a size of $66.05 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%. The expected growth during this forecast period can be attributed to the emergence of new threats, budgetary allocations, the worldwide security scenario, international cooperation, and modernisation plans. Noteworthy trends for this period include concerns about cybersecurity, technological innovation and advancement, electric and hybrid systems, and uncrewed systems and robotics.
View the full report here:
https://www.thebusinessresearchcompany.com/report/land-based-defense-equipment-global-market-report
What Drivers Are Propelling the Growth of Land based Defense Equipment Market Forward?
The land-based defense equipment market is predicted to be favorably influenced by the overall economic expansion of emerging economies. Economic growth in these markets leads to increasing disposable income, which in turn positively affects the demand for defense equipment. For example, a report from the World Bank's India Development Update (IDU) in September 2024 noted that India experienced an impressive 8.2 percent growth rate in FY23/24. It's projected that India will sustain this robust growth at 7 percent in FY24/25 and maintain this development into FY25/26 and FY26/27. This forecasted economic progression is set to propel the sea-based defense equipment market during the estimated period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2110&type=smp
Which Emerging Trends Are Transforming the Land based Defense Equipment Market in 2025?
The defense industry is witnessing an escalating use of CornerShot rifles. These firearms are equipped with a steel hinge, enabling the frame to pivot around corners and aim at the target without any exposure. The shooters are facilitated to manoeuvre around corners through a high-resolution camera and an LCD screen incorporated in these rifles. Their application is prevalent in armored vehicles and tanks, often mounted on a turret, thereby providing a comprehensive 360-degree coverage while keeping the gunman protected inside the vehicle. Depending on the specific type of weapon, these guns can accurately hit targets up to a distance of 100 to 200 meters. CornerShot thus negates the requirement for initial exposure.
What Are the Key Segments in the Land based Defense Equipment Market?
The land based defense equipment market covered in this report is segmented -
1) By Type: Armored Vehicles, Missiles, Tanks, Small Arms and Light Weapons
2) By Operation: Autonomous Land based Defense Equipment, Manual
3) By Application: Military, Law Enforcement
Subsegments:
1) By Armored Vehicles: Infantry Fighting Vehicles (IFVs), Armored Personnel Carriers (APCs), Mine-Resistant Ambush Protected (MRAP) Vehicles, Armored Cars And Transport Vehicles
2) By Missiles: Anti-Tank Guided Missiles (ATGMs), Surface-To-Air Missiles (SAMs), Tactical Ballistic Missiles, Cruise Missiles
3) By Tanks: Main Battle Tanks (MBTs), Light Tanks, Armored Reconnaissance Vehicles, Tank Destroyers
4) By Small Arms And Light Weapons: Rifles, Submachine Guns, Shotguns, Light Machine Guns (LMGs), Handguns, Grenades And Launcher Systems
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=2110&type=smp
Who Are the Key Players Shaping the Land based Defense Equipment Market's Competitive Landscape?
Major companies operating in the land based defense equipment market include China North Industries Group Corporation Limited, Raytheon Company, Lockheed Martin Corporation, Hanwha Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Mitsubishi Heavy Industries Ltd., BAE Systems plc, Thales Group, Leonardo S.p.A., Oshkosh Corporation, Science Applications International Corporation (SAIC), Rheinmetall AG, Elbit Systems Ltd., Larsen & Toubro Limited, Bharat Electronics Limited, Hyundai Rotem Company, Uralvagonzavod, RUAG Group, IVECO Defence Vehicles, Nexter Group, Patria Oyj, FNSS Savunma Sistemleri A.S., Navistar Defense LLC, Denel SOC Ltd, Israel Aerospace Industries Ltd., Krauss-Maffei Wegmann GmbH & Co. KG, Otokar Otomotiv ve Savunma Sanayi A.S., Paramount Group, Plasan Sasa Ltd., Rafael Advanced Defense Systems Ltd., Rostec State Corporation, ST Engineering, Tata Motors Limited, Ukroboronprom
What Geographic Markets Are Powering Growth in the Land based Defense Equipment Market?
Asia-Pacific was the largest region in the land-based defense equipment market in 2024. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the land based defense equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2110
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Impact Of Economic Growth On Land-Based Defense Equipment Market: Core Growth Enabler in the Land based Defense Equipment Market, 2025 here
News-ID: 4113318 • Views: …
More Releases from The Business Research Company
Segmentation, Major Trends, and Competitive Overview of the Fried Chicken Market
The fried chicken market is gearing up for impressive expansion in the coming years, driven by evolving consumer preferences and innovations in the fast-food sector. As premium offerings and healthier options gain traction, this industry is positioned to capture a larger share of the global food market. Below, we explore the market's size projections, leading players, emerging trends, and key segments shaping its future.
Expected Growth Trajectory of the Fried Chicken…
Analysis of Key Market Segments Influencing the Flour, Rice, and Malt Industry
The flour, rice, and malt market is positioned for significant expansion in the coming years, driven by a variety of evolving consumer preferences and industry developments. This report explores the anticipated market size, key players, emerging trends, and segmentation details that shape this essential sector in the global food industry.
Projected Market Size and Growth Trajectory in the Flour, Rice, and Malt Market
The market for flour, rice, and malt…
Worldwide Trends Review: The Rapid Evolution of the Flavored Syrups Market
The flavored syrups market is capturing increasing attention as consumers seek enhanced taste experiences in their beverages and culinary creations. With innovation and a push towards natural ingredients, this sector is set for notable growth and diversification. Let's explore the market's anticipated value, key players, emerging trends, and detailed segmentations shaping its future.
Forecasted Market Value and Growth Trajectory of the Flavored Syrups Market
The flavored syrups market is projected…
Leading Companies Enhancing Their Presence in the Fish Gelatin Market
The fish gelatin market is positioned for significant expansion over the coming years, driven by increasing adoption across various industries. From pharmaceuticals to cosmetics, the rising demand for marine-derived gelatin products, especially those with clean-label credentials, is paving the way for notable market growth. Let's explore the market size projections, key players, emerging trends, and segmentation details shaping this dynamic industry.
Projected Market Size and Growth Trajectory of the Fish Gelatin…
More Releases for Defense
Dallas Criminal Defense Attorney Shares Powerful Defense Strategies In Texas
The Medlin Law Firm shares an educational video highlighting powerful defense approaches in Texas criminal cases. A Dallas criminal defense attorney breaks down what may be at stake, why every case needs a personalized defense, and how an attorney can help protect rights.
Dallas, TX - The Medlin Law Firm shares an educational video to help Texans better understand how criminal defense cases are approached in Texas courts. A Dallas criminal…
Virtual Reality in Aerospace & Defense Market Virtual Reality in Aerospace & Def …
The global virtual reality (VR) market in aerospace and defense is estimated to be valued at approximately $8.4 billion in 2024, with expectations to around $20.7 billion by 2034, signifying a robust Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period from 2025 to 2034.
The latest report Virtual Reality in Aerospace & Defense Market Share, Size, Growth, Opportunities, and Forecast 2025-2034 This report offers a new perspective…
Elliott Derzaph, Renowned Self-Defense Instructor, Launches His Latest Book "Wom …
Image: https://www.getnews.info/wp-content/uploads/2024/08/1724155810.png
Self-defense training is about the knowledge of how fighting works and how to survive. Women will learn how to utilize their internal power to develop autonomy, confidence, and empowerment. Real World Techniques were designed to teach practical, real-world defense that can be used in a variety of situations.
Los Angeles, California - August 21, 2024 - Women have traditionally shied away from situations where their self-defense [https://consciousdefense.com/] may be…
Missile Defense System Market is in huge demand | Almaz Antey, Kongsberg Defense …
Global Missile Defense System Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to…
Defense Siren Review 2023 (Defense Siren Must Read!) : Shocking Price About Defe …
In the United States of America, thousands of crimes are reported every day. You name it: mugging, theft, sexual assault, and murder. Some of these crimes are reported in the daily newspaper and on news programs.
After reading and watching the news, it's normal to worry about your family. Anytime, anywhere, you or your family could be attacked while driving. Thus, it's crucial to always remain vigilant. However, being aware is…
Aircraft Communication System Market Global Report 2020 – Rockwell Collins Avi …
Aircraft communication systems use analogue voice and digital data for communication between pilots, members of the crew and passengers during flight. These devices are also used for communication between aircraft. Aircraft communication systems are used to facilitate communications between aircraft and ground units and vice versa.
Get In Depth Sample With Description, Graphs And Charts: https://www.a2zmarketresearch.com/sample?reportId=151555
Aircraft communication system offered by different manufacturers have also been taken into consideration to determine…
