Military Land Vehicles Industry Growth Analysis and Strategy Outlook 2025-2030

Key insights include growth in the Infantry Fighting Vehicles segment to $10.7 billion by 2030, and a 6.8% CAGR in China, reaching $8.5 billion. Discover how recent global tariff developments impact this market.

Dublin, June 30, 2025 (GLOBE NEWSWIRE) -- The "Military Land Vehicles - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Military Land Vehicles was valued at US$33.1 Billion in 2024 and is projected to reach US$40.5 Billion by 2030, growing at a CAGR of 3.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Military Land Vehicles market.



The growth in the military land vehicles market is driven by several factors. Firstly, increasing defense budgets across various countries, particularly in response to rising geopolitical tensions and modernization programs, are significantly boosting the demand for advanced military land vehicles. Secondly, the rapid technological advancements in vehicle protection systems, autonomous driving technologies, and propulsion systems are propelling market growth. The need for versatility and adaptability in military operations is also encouraging the development and procurement of multi-role vehicles that can perform a variety of functions in different combat environments.

Additionally, collaborations between defense contractors and technology firms are accelerating innovations and bringing cutting-edge solutions to the market. The growing emphasis on asymmetric warfare and counter-terrorism operations further drives the need for highly mobile and well-protected land vehicles. Finally, government initiatives to replace aging vehicle fleets with modern, more capable units are sustaining long-term market growth, ensuring that armed forces are equipped with the latest technologies to meet current and future challenges.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Infantry Fighting Vehicles segment, which is expected to reach US$10.7 Billion by 2030 with a CAGR of a 4.6%. The Armored Personnel Carriers segment is also set to grow at 3.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $8.9 Billion in 2024, and China, forecasted to grow at an impressive 6.8% CAGR to reach $8.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Key Questions Answered:

• How is the Global Military Land Vehicles Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Ashok Leyland Ltd., BAE Systems plc, China North Industries Corporation (NORINCO), Franz Achleitner Fahrzeugbau und Reifenzentrum GMBH, General Dynamics Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 86 companies featured in this Military Land Vehicles market report include:

• Ashok Leyland Ltd.
• BAE Systems plc
• China North Industries Corporation (NORINCO)
• Franz Achleitner Fahrzeugbau und Reifenzentrum GmbH
• General Dynamics Corporation
• Hyundai Rotem Co.
• International Automated Systems, Inc.
• Iveco Defence Vehicle
• KNDS Deutschland GmbH & Co. KG
• Lockheed Martin Corporation
• Oshkosh Defence
• Otokar Otomotiv ve Savunma Sanayi A.S.
• Rheinmetall AG
• Textron Systems
• Thales Group

The report analyzes the Military Land Vehicles market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Vehicle Type (Infantry Fighting Vehicles, Armored Personnel Carriers, Main Battle Tanks, Light Multi-Role Vehicles, Tactical Trucks, Other Vehicle Types); Application (Defense & Combat Application, Logistics & Transportation Application)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.

Key Attributes

MARKET OVERVIEW

• Influencer Market Insights
• Tariff Impact on Global Supply Chain Patterns
• Global Economic Update
• Military Land Vehicles - Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

MARKET TRENDS & DRIVERS

• Modernization of Armed Forces Drives Demand for Advanced Vehicles
• Increasing Defense Budgets Spur Market Growth
• Technological Advancements in Armor and Weaponry Strengthen Vehicle Capabilities
• Rising Geopolitical Tensions Generate Demand for Military Vehicles
• Integration of Autonomous and Unmanned Systems Enhances Operational Efficiency
• Focus on Soldier Safety and Survivability Drives Innovations
• Collaborative R&D Efforts Between Nations Accelerate Technological Advancements
• Government Initiatives and Policies Propel Market Expansion
• Cybersecurity Concerns Drive Development of Secure Communication Systems
• Rapid Prototyping and 3D Printing Technologies Enhance Production Capabilities
• Growing Demand for Armored Vehicles in Peacekeeping Missions Drives Market

For more information about this report visit https://www.researchandmarkets.com/r/sjs7nl

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• Military Land Vehicles Market

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