Lucintel Forecasts the Global Military Land Vehicle Electronic Market is expected to grow with a CAGR of 4.5% from 2024 to 2030
Lucintel Forecasts the Global Military Land Vehicle Electronic Market is expected to grow with a CAGR of 4.5% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global military land vehicle electronic market looks promising with opportunities in the army, marine corps, special forces, and national guard markets. The global military land vehicle electronic market is expected to grow with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are regularly technological innovations in the military sector, growing defense spending, and huge demand for vetronics systems.
A more than 150-page report to understand trends, opportunity and forecast in military land vehicle electronic market to 2030 by vehicle type (main battle tanks, armored personnel carriers, infantry fighting vehicles, self-propelled artillery, light armored vehicles, and others), components (vetronics control systems, navigation & communication systems, power distribution systems, vehicle health monitoring systems, and others), technology (wired vetronics systems and wireless vetronics systems), end use industry (army, marine corps, special forces, national guard, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Lucintel forecasts that, within the vehicle type category main battle tanks is expected to witness the highest growth over the forecast period due to increasing demand for MBTS for military operations, and the growing adoption of advanced electronics in MBTS.
Within the end use industry, army is expected to witness the highest growth due to its significant size and diverse operational requirements.
Download sample by clicking on military land vehicle electronic market
In terms of regions, North America is expected to witness highest growth over the forecast period due to increasing demand for MBTS in North America , and increasing need for military land vehicles in North America to protect against emerging threats.
BAE Systems, Elbit Systems, General Dynamics, Honeywell, Israel Aerospace Industries, Kongsberg Gruppen, L3Harris Technologies are the major suppliers in the military land vehicle electronic market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Electromyography Device Market
Handheld Arthroscopic Instrument Market
Pharmacovigilance Market
Topical Bioadhesive Market
Wound Debridement Product Market
Silicone Coating Market