DUBLIN–(BUSINESS WIRE)–The “Military Land Vehicles Market Size and Trend Analysis including Segments, Key Programs, Competitive Landscape and Forecast, 2023-2033” report has been added to ResearchAndMarkets.com’s offering.
The global military land vehicles market is poised to experience substantial growth over the next decade, as geopolitical tensions, cross-border conflicts, and the need for modernization drive global military forces to acquire advanced military land vehicles.
According to this latest report, the market is projected to grow at a CAGR of 4.2% from 2023 to 2033, reaching new heights in terms of size and technological advancements.
Key Market Highlights:
Market Segmentation:
The military land vehicles market is classified into eight categories:
Insights from the Market:
“The rapid proliferation of anti-tank guided missiles has compelled countries to equip infantry fighting vehicles and armored personnel carriers with enhanced shielding and firepower, such as Active Protection Systems (APS) and Remote Weapon Stations (RWS), for soldier protection. Moreover, the increased focus towards the indigenous development of IFVs with advanced offensive capabilities, especially from Europe, North America, and Asia-Pacific, is also expected to propel the segment growth over the forecast period,” said Aamir Chowdry, Defense Analyst.
Who Should Buy:
The report is valuable for defense startups, Original Equipment Manufacturers (OEMs), military land vehicle integrators, venture capital firms, government agencies, and executives who can utilize the data to identify high-growth segments and customize offerings to match project requirements.
Key Program Highlights:
The report provides details of key programs in each segment, which are expected to be executed during 2023-2033, offering insights into the latest technological developments and existing military land vehicle programs worldwide.
Competitive Landscape and Strategic Insights:
The report also offers an analysis of the competitive landscape of the global military land vehicles market, providing an overview of key players, their strategic initiatives, and financial analysis.
Company Portfolio:
For more information about this report visit https://www.researchandmarkets.com/r/h0ey7n
Source: GlobalData
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