Military Land Vehicles Market

By Offering;

Platform and Service

By Product Type;

Infantry Fighting Vehicles, Armored Personnel Carriers, Main Battle Tanks, Light Multirole Vehicles and Tactical Trucks

By Application;

Defense & Combat and Logistics & Transportation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn329098366 Published Date: September, 2025 Updated Date: October, 2025

Military Land Vehicles Market Overview

Military Land Vehicles Market (USD Million)

Military Land Vehicles Market was valued at USD 23,908.01 million in the year 2024. The size of this market is expected to increase to USD 29,403.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.


Military Land Vehicles Market

*Market size in USD million

CAGR 3.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.0 %
Market Size (2024)USD 23,908.01 Million
Market Size (2031)USD 29,403.84 Million
Market ConcentrationHigh
Report Pages397
23,908.01
2024
29,403.84
2031

Major Players

  • Rhenmetall
  • General Dynamics
  • Oshkosh Corporation
  • ST Engineering
  • Achleitner
  • Ashok Leyland

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Military Land Vehicles Market

Fragmented - Highly competitive market without dominant players



The Military Land Vehicles Market is witnessing consistent growth, fueled by the rising need for reliable ground-based defense systems. These vehicles are central to combat missions, logistics, and troop movement. Currently, over 65% of global defense operations utilize modernized vehicles, highlighting their critical role in strengthening ground forces.

Increased Focus on Armored Capabilities
Demand for armored protection continues to climb as defense organizations prioritize soldier safety. Roughly 55% of defense allocations are directed toward advanced armored vehicles equipped with blast-resistant and ballistic features. This trend underscores the importance of robust protective solutions in safeguarding personnel during complex missions.

Technological Advancements Driving Innovation
The integration of automation, AI-driven systems, and next-generation communication tools is transforming the market landscape. More than 50% of newly developed vehicles now feature cutting-edge command and control technologies, improving battlefield coordination and boosting mission effectiveness.

Efficiency and Mobility as Priorities
Modern defense forces are emphasizing fuel efficiency and high mobility in their vehicle fleets. Nearly 60% of land vehicles are now engineered with lightweight structures and enhanced engines, providing both agility and durability. These improvements ensure effective deployment across diverse terrains while optimizing resource use.

Strong Outlook for Future Growth
The military land vehicles market is set for robust progress, supported by ongoing defense modernization initiatives and investment in sustainable solutions. Around 45% of new developments focus on hybrid and electric-powered vehicles, marking a shift toward environmentally conscious yet powerful combat capabilities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Military Land Vehicles Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Geopolitical Tensions and Threats
        2. Focus on Enhanced Mobility and Maneuverability
        3. Emphasis on Force Protection and Survivability
      2. Restraints:
        1. Budget Constraints and Defense Spending Cuts
        2. Technological Challenges and Complexity
        3. Supply Chain Disruptions and Logistics Issues
      3. Opportunities:
        1. Development of Autonomous and Unmanned Systems
        2. Integration of Advanced Sensor Technologies
        3. Adoption of Electric and Hybrid Propulsion Systems
    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. Military Land Vehicles Market, By Offering, 2021 - 2031 (USD Million)
      1. Platform
      2. Service
    2. Military Land Vehicles Market, By Type, 2021 - 2031 (USD Million)
      1. Military Armored Vehicles
      2. Military Battle Tanks
      3. Unmanned Ground Vehicles
    3. Military Land Vehicles Market, By Technology, 2021 - 2031 (USD Million)

      1. Internal Combustion Engine

      2. Hybrid, Electric

      3. Autonomous Systems

    4. Military Land Vehicles Market, By Application, 2021 - 2031 (USD Million)
      1. Defence
      2. Transportation
    5. Military Land Vehicles Market, By Geography, 2021 - 2031 (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. Rhenmetall
      2. General Dynamics
      3. Oshkosh Corporation
      4. ST Engineering
      5. Achleitner
      6. Ashok Leyland
  7. Analyst Views
  8. Future Outlook of the Market