Report overview
Military fighting vehicles (MFVs) aim to integrate operational mobility and tactical offense and are, therefore, armed with weapons, sensors, and other combat systems. They are designed for both on- and off-road combat capabilities. MFVs are classified according to their role on the battlefield. Some MFVs like main battle tanks (MBTs) are used for offensive purposes and are armed with heavy guns and cannons. Others like armored personnel carriers (APCs) are transport defense personnel and supplies to battle stations while protecting them with cover fire.
This report contains market size and forecasts of Military Fighting Vehicles in global, including the following market information:
Global Military Fighting Vehicles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Military Fighting Vehicles Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Military Fighting Vehicles companies in 2021 (%)
The global Military Fighting Vehicles market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Tanks and Fighting Vehicles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Military Fighting Vehicles include Denel SOC, General Dynamics, OSHKOSH DEFENSE, Rheinmetall, Thales, BAE Systems, Navistar Defense, NORINCO and Renault Trucks Defense, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military Fighting Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Fighting Vehicles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Military Fighting Vehicles Market Segment Percentages, by Type, 2021 (%)
Tanks and Fighting Vehicles
Armored Personnel Carriers (APCs)
Others
Global Military Fighting Vehicles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Military Fighting Vehicles Market Segment Percentages, by Application, 2021 (%)
Homeland Security
Military War
Global Military Fighting Vehicles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Military Fighting Vehicles Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Military Fighting Vehicles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Military Fighting Vehicles revenues share in global market, 2021 (%)
Key companies Military Fighting Vehicles sales in global market, 2017-2022 (Estimated), (Units)
Key companies Military Fighting Vehicles sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Denel SOC
General Dynamics
OSHKOSH DEFENSE
Rheinmetall
Thales
BAE Systems
Navistar Defense
NORINCO
Renault Trucks Defense
ST Engineering
UralVagonZavod (UVZ)
