Global Military Land Vehicles Market 2015-2019
About Military Land Vehicles
Military land vehicles include all combat and transportation vehicles used by ground forces. Military land vehicles are an integral part of the army and are used in large numbers by military forces worldwide.
Technavio's analysts forecast the global military land vehicles market to grow at a CAGR of 1.40% during the period 2014-2019.
Covered in this Report
This report covers the current scenario and growth prospects of the global military land vehicles market for the period 2015-2019. It provides a global overview, market shares, market overview in major countries, and growth prospects by region (EMEA, APAC, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Military Land Vehicles Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers EMEA, APAC, and the Americas. The report also includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Military Land Vehicles Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Military Land Vehicles Market: General Dynamics, Navistar, Oshkosh Defense, Rheinmetall and ST Engineering
Other Prominent Vendors in the market are: Achleitner, Ashok Leyland, Iveco, John Deere, Mercedes-Benz, Otokar and Volvo Group Governmental Sales
Commenting on the report, an analyst from Technavio’s team said: “One of the growing uses of COTS solutions is in smart displays for military land vehicles. Software utilized for such systems needs to provide seamless integration between different vetronics displays and should be well-defined for mission-critical applications. The Presagis VAPS XT is one of the widely used software that utilizes COTS HMI and OpenGL interface, applicable for different types of displays and touchscreens. In case a change in display is required, it is easier and more cost-effective to change the design code with this COTS-based software solution. A user can thus reconfigure a single operator station quickly for many different missions as required. The high-density COTS I/O solutions also reduce board count, weight, and power, enhancing overall system reliability and affordability.”
According to the report, warfare has advanced since the Cold War and World War II era. Military-related organizations are in the process of upgrading their vehicle capabilities to suit current and future military operations. Also, along with growing tensions among countries and occurrence of increasing urban conflicts, there is a need for vehicles that are suitable and can easily operate in urban environments in a cost-efficient manner. Military systems and equipment have also advanced. Old-generation military land vehicles are no longer capable of providing the required capabilities and functions to military troops. This has led to the increased demand and development of new vehicles to suit the modern military needs.Further, the report states that defense budget cuts in major countries is one of the major challenges to the defense industry.
General Dynamics, Navistar, Oshkosh Defense, Rheinmetall, ST Engineering, Achleitner, Ashok Leyland, Iveco, John Deere, Mercedes-Benz, Otokar, 'Volvo Group Governmental Sales
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook