Global Military Ground Vehicle Actuators Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Linear, Rotatory.

By System;

Mechanical, Hydraulic, Electric, and Pneumatic.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn685875878 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Military Ground Vehicle Actuators Market (USD Million), 2020 - 2030

In the year 2023, the Global Military Ground Vehicle Actuators Market was valued at USD 842.62 million. The size of this market is expected to increase to USD 1,217.63 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The Global Military Ground Vehicle Actuators Market encompasses a vital sector within the defense industry, focusing on the development and deployment of actuators for military ground vehicles. Actuators play a crucial role in the operation and functionality of various components within military vehicles, facilitating movement, control, and automation. These components are integral to the performance of armored vehicles, transport vehicles, and other ground-based military platforms, enabling them to navigate diverse terrains, withstand harsh conditions, and execute mission-critical tasks effectively.

The market for military ground vehicle actuators is driven by the continuous advancements in technology, evolving warfare scenarios, and the increasing demand for modernization and enhancement of military fleets worldwide. With the emergence of sophisticated threats and the need for agile, adaptable military capabilities, there is a growing emphasis on equipping ground vehicles with advanced actuators that offer superior performance, reliability, and precision. Additionally, the expanding scope of military operations, including reconnaissance, surveillance, combat, and logistics support, necessitates the development of versatile actuators capable of meeting diverse operational requirements across different environments and mission scenarios.

As defense agencies and armed forces strive to maintain technological superiority and operational readiness, investments in research and development (R&D) initiatives are driving innovation in military ground vehicle actuators. This has led to the integration of technologies such as electromechanical actuators, hydraulic actuators, and pneumatic actuators, enhancing the maneuverability, efficiency, and survivability of ground vehicles in various operational contexts. Collaborations between defense contractors, technology providers, and research institutions are fostering synergies and accelerating the pace of innovation in the field of military ground vehicle actuators, contributing to the growth and evolution of the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By System
    3. Market Snapshot, By Region
  4. Global Military Ground Vehicle Actuators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Focus on Vehicle Performance and Maneuverability
        2. Operational Requirements in Modern Warfare
        3. Growing Demand for Unmanned Ground Vehicles (UGVs)
        4. Focus on Lightweight and Compact Designs
        5. Global Military Modernization Programs
      2. Restraints
        1. Focus on Vehicle Performance and Maneuverability
        2. Operational Requirements in Modern Warfare
        3. Growing Demand for Unmanned Ground Vehicles (UGVs)
        4. Focus on Lightweight and Compact Designs
        5. Global Military Modernization Programs
      3. Opportunities
        1. Emergence of Additive Manufacturing (AM)
        2. Focus on Electrification and Hybridization
        3. Enhanced Situational Awareness and Connectivity
        4. Focus on Modular and Scalable Architectures
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Military Ground Vehicle Actuators Market, By Type, 2022 - 2032 (USD Million)
      1. Linear
      2. Rotatory
    2. Global Military Ground Vehicle Actuators Market, By System, 2022 - 2032 (USD Million)
      1. Mechanical
      2. Hydraulic
      3. Electrical
      4. Pneumatic
    3. Global Military Ground Vehicle Actuators Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Moog Inc.
      2. Curtiss-Wright Corporation
      3. Thomson Industries, Inc.
      4. CRD Devices
      5. Piedrafita Systems
      6. Semcon
      7. Kyntronics
      8. Nook Industries, Inc.
      9. AMETEK Inc.
      10. Ultra Motion
  7. Analyst Views
  8. Future Outlook of the Market

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