Report overview
Global military ground vehicle propulsion system (Military Ground Vehicle Propulsion System) market due to conflicts, political turmoil, increased terrorist activity, coupled with the intensification of border turmoil, many countries have to strengthen military ground vehicle capabilities, it has become increasingly important. However, the short range and long charging time of electric vehicles, hybrid vehicles and plug-in hybrid vehicles have also become part of the obstacles to market growth.
This report aims to provide a comprehensive presentation of the global market for Military Ground Vehicle Propulsion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Military Ground Vehicle Propulsion System. This report contains market size and forecasts of Military Ground Vehicle Propulsion System in global, including the following market information:
Global Military Ground Vehicle Propulsion System Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
The global Military Ground Vehicle Propulsion System market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Conventional Propulsion System Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Military Ground Vehicle Propulsion System include BAE Systems, Caterpillar Inc., General Motors Company, L3 Harris Corporation, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, MTU Friedrichshafen GmbH and Northrop Grumman Corporation, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military Ground Vehicle Propulsion System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Ground Vehicle Propulsion System Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Military Ground Vehicle Propulsion System Market Segment Percentages, by Type, 2023 (%)
Conventional Propulsion System
Electric Propulsion System
Hybrid Propulsion System
Plug-in Hybrid Electric Propulsion System
Global Military Ground Vehicle Propulsion System Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Military Ground Vehicle Propulsion System Market Segment Percentages, by Application, 2023 (%)
Mining
Explosive Ordnance Disposal (EOD)
Intelligence, Surveillance and Reconnaissance (ISR)
Logistics and Support
Combat Support
Others
Global Military Ground Vehicle Propulsion System Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Military Ground Vehicle Propulsion System Market Segment Percentages, By Region and Country, 2023 (%)
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 Ground Vehicle Propulsion System revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Military Ground Vehicle Propulsion System revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
BAE Systems
Caterpillar Inc.
General Motors Company
L3 Harris Corporation
Israel Aerospace Industries Ltd.
Leonardo S.p.A.
Lockheed Martin Corporation
MTU Friedrichshafen GmbH
Northrop Grumman Corporation
Oshkosh Corporation
QinetiQ Group
Rheinmetall AG
AB Volvo
Daimler AG
ECA Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Military Ground Vehicle Propulsion System, market overview.
Chapter 2: Global Military Ground Vehicle Propulsion System market size in revenue.
Chapter 3: Detailed analysis of Military Ground Vehicle Propulsion System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Military Ground Vehicle Propulsion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
