According to HTF Market Intelligence, the Global Military Land Vehicles market to witness a CAGR of 2.68% during forecast period of 2023-2028. Global Military Land Vehicles Market Breakdown by Application (Combat & Surveillance Operations, Transport & Carrier Operations) by Type (Military Battle Tanks, Combat Vehicles, Armored Personal Carriers, Light Utility & Multi-role Vehicles, Military Engineering Vehicles, Self-Propelled Artillery) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Military Land Vehicles market size is estimated to increase by USD 4415.8 Million at a CAGR of 2.68% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 25581.2 Million.
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Military Land Vehicles market – Key Segment Analysis
The market share growth by the Combat Vehicles segment will be significant during the forecast period. The segment is driven by the xx.
Military Land Vehicles market – Competition Analysis
The global Military Land Vehicles market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are General Dynamics (United States), Oshkosh Corporation (United States), BAE Systems (United Kingdom), Elbit Systems Ltd, Rhenmetall (Germany), ST Engineering (Singapore), Franz Achleitner GMBH (Austria), Ashok Leyland (India), CNH Industrial N.V. (United Kingdom), Deere & Company (United States), Otokar Otomotiv ve Savunma Sanayi A.S. (Turkey), KNDS (Netherlands), Thales Group (France), MacAndrews & Forbes (United States), MEGA (United States), BEML Limited (India), Textron Inc. (United States), Mahindra & Mahindra Limited (India), Lockheed Martin Corporation (United States), Hyundai Motor Company (South Korea), Tata Motors (India).
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Military Land Vehicles
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What key data is demonstrated in this Military Land Vehicles market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Military Land Vehicles market between 2023 and 2028
- Precise estimation of the size of the Military Land Vehicles market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Military Land Vehicles market players
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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