Military Truck Market 2028 By Propulsion, Transmission Type, Axle, Application and Geography | The Insight Partners

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Military Truck Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Propulsion (Gasoline, Diesel, Electric/Hybrid); Transmission Type (Automatic, Semi-Automatic, Manual); Axle (4x4, 6x6, 8x8, Others); Application (Logistics/Cargo Carrier, Troop Carrier, Utility Carrier) and Geography

Report Code: TIPRE00007100 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming

MARKET OVERVIEW

Military trucks are utilized for various applications like troop carrier, logistics & cargo, and utility carrier. Considering land combat situations, some of these trucks also have off-road capability and vehicle armor plate. These trucks are manufactured considering the specific requirement of the region and application. Growing investments in military equipment by many governments all over the world and advancement in technology are some of the driving factors. Demand for military electric trucks is predicted to rise noticeable during the forecast period.

MARKET SCOPE

The "Global Military Truck Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military truck market with detailed market segmentation by propulsion, transmission type, axle, application and geography. The report provides key statistics on the market status of the leading military truck market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on propulsion, the global military truck market is segmented into gasoline, diesel and electric/hybrid.
  •   On the basis of transmission type, the market is segmented into automatic, semi-automatic and manual.
  •   Based on axle, the market is bifurcated into 4x4, 6x6, 8x8 and others.
  •   On the basis of application, the market is segmented into logistics/cargo carrier, troop carrier and utility carrier.

MARKET DYNAMICS
Drivers

  •   Increasing government investment in defense sector.
  •   Strict government norms regions carbon emission to boost the growth of electric/hybrid military trucks.
  •   Technological advancements increasing the utility of military trucks.

Restraints

  •   High maintenance and initial costs involved with military trucks.



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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military truck market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the military truck market in these regions.

IMPACT OF COVID-19 ON MILITARY TRUCK MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Post pandemic, this market is expected to rise considerably all over the world.



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MARKET PLAYERS


The report covers key developments in the military truck market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from military truck market are anticipated to lucrative growth opportunities in the future with the rising demand for military trucks in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military truck market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   ARQUUS
  •   CNH Industrial N.V. (IVECO DEFENCE VEHICLES)
  •   Daimler AG
  •   General Dynamics Corporation
  •   Krauss-Maffei Wegmann GmbH and Co. KG
  •   MITSUBISHI HEAVY INDUSTRIES, LTD.
  •   Oshkosh Corporation
  •   Rheinmetall AG
  •   Tata Motors
  •   Textron Systems


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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The List of Companies

1. ARQUUS
2. CNH Industrial N.V. (IVECO DEFENCE VEHICLES)
3. Daimler AG
4. General Dynamics Corporation
5. Krauss-Maffei Wegmann GmbH and Co. KG
6. MITSUBISHI HEAVY INDUSTRIES, LTD.
7. Oshkosh Corporation
8. Rheinmetall AG
9. Tata Motors
10. Textron Systems
TIPRE00007100
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