Report cover image

Military Trucks Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034

Publisher Global Market Insights
Published Nov 12, 2025
Length 259 Pages
SKU # GMI20613869

Description

The Global Military Trucks Market was valued at USD 21.35 billion in 2024 and is estimated to grow at a CAGR of 5.4% to reach USD 36.09 billion by 2034.

The market’s expansion is fueled by rising cross-border conflicts, the modernization of military fleets, and increasing investments in tactical mobility and logistics support systems. Countries are strengthening their land-based defense capabilities with next-generation trucks designed for high payload capacity, strong off-road performance, armored protection, and interoperability with digital command systems. Increasing demand for vehicles capable of operating in extreme terrains and hostile environments is prompting OEMs to integrate advanced drivetrains, reinforced chassis systems, and enhanced survivability technologies.

The heavy trucks segment generated USD 14.6 billion in 2024, supported by their widespread use in transporting equipment, fuel, ammunition, and armored units. Heavy military trucks play a crucial role in maintaining operational readiness by enabling the rapid deployment of assets across extended distances. Their robust structure, multi-axle configurations, and ability to operate under extreme climatic and battlefield conditions make them indispensable for modern armies. Adoption is also rising due to fleet replacement programs, increased procurement of high-mobility tactical vehicles, and the integration of modular mission systems that enhance operational flexibility.

The logistics & cargo segment accounted for USD 44.06 billion in 2024, reflecting the increasing need for efficient supply-chain support, troop mobility, and material transportation during combat and humanitarian missions. These trucks ensure the continuous movement of rations, medical supplies, engineering equipment, and essential battlefield resources. Improved load-handling technologies, optimized suspension systems, and better fuel efficiency further support their dominance. Modern militaries rely heavily on these trucks to maintain momentum in dynamic operational environments, making them a core component of defense logistics strategies.

North America Military Trucks Market generated USD 8.89 billion in 2024, driven by the U.S. Army’s accelerated procurement programs, modernization of tactical wheeled vehicles, and high defense spending. The region benefits from strong manufacturing capabilities, rapid technology adoption, and large-scale replacement of outdated truck fleets with advanced armored and hybrid-powered models. Continuous investments in lightweight materials, autonomous navigation support, and enhanced survivability systems further reinforce North America’s leadership position in the military trucks landscape.

Key players operating in the Global Military Trucks Market include: Rheinmetall AG, Oshkosh Defense, Iveco Defence Vehicles, Daimler Trucks, Tata Motors, Ashok Leyland, MAN Truck & Bus, General Dynamics, Volvo Group, CNH Industrial, Scania AB, Mercedes-Benz Trucks, Isuzu, Navistar Defense, Tatra Trucks, and Hyundai Rotem. Companies in the Global Military Trucks Market are strengthening their global footprint through continuous product innovation, platform modularization, and integration of advanced protection and mobility systems. Leading manufacturers are focusing on developing multi-role vehicles with interchangeable mission modules, enabling armies to adapt the same platform for logistics, patrol, command, or recovery operations. Strategic partnerships with defense ministries and long-term government contracts ensure stable revenue streams while improving regional presence.

Table of Contents

259 Pages
Chapter 1 Research Methodology
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.1.1 North America (US)
1.2.1.1.1 Forecast year calculation
1.2.1.2 Europe (Germany)
1.2.1.2.1 Forecast year calculation
1.2.1.3 Asia Pacific (China)
1.2.1.3.1 Forecast year calculation
1.2.1.4 LATAM (Brazil)
1.2.1.4.1 Forecast year calculation
1.2.1.5 MEA (Saudi Arabia)
1.2.1.5.1 Forecast year calculation
1.3 Forecast
1.4 Primary research & validation
1.4.1 Primary sources
1.5 Data mining sources
1.5.1 Secondary
1.5.1.1 Paid sources
1.5.1.2 Sources, by category
1.6 Market definitions
1.7 Inclusions and Exclusions
1.7.1 Inclusions
1.7.2 Exclusions
Chapter 2 Company Profiles
2.1 North America
2.1.1 Oshkosh Defense
2.1.1.1 Market/Business Overview
2.1.1.2 Operating Segment Overview
2.1.1.3 Financial data
2.1.1.5 Strategic outlook
2.1.1.6 SWOT Analysis
2.1.2 AM General
2.1.2.1 Company overview
2.1.2.2 Operating segment overview
2.1.2.3 Financial data
2.1.2.4 Product landscape
2.1.2.5 Strategic outlook
2.1.2.6 SWOT Analysis
2.1.3 Navistar Defense
2.1.3.1 Company overview
2.1.3.2.1 Operating segment overview
2.1.3.3 Financial data
2.1.3.4 Product landscape
2.1.3.5 Strategic outlook
2.1.3.6 SWOT Analysis
2.1.4 Mack Defense
2.1.4.1 Company overview
2.1.4.2 Operating segment overview
2.1.4.3 Financial data
2.1.4.4 Product landscape
2.1.4.5 Strategic outlook
2.1.4.6 SWOT Analysis
2.1.5 Textron Systems
2.1.5.1 Market/Business Overview
2.1.5.2 Operating Segment Overview
2.1.5.3 Financial data
2.1.5.4 Product landscape
2.1.5.5 Strategic outlook
2.1.5.6 SWOT Analysis
2.1.6 General Dynamics Land Systems
2.1.6.1 Company overview
2.1.6.2 Operating segment overview
2.1.6.3 Financial data
2.1.6.4 Product landscape
2.1.6.5 Strategic outlook
2.1.6.6 SWOT Analysis
2.1.7 PACCAR Inc
2.1.7.1 Company overview
2.1.7.2 Operating segment overview
2.1.7.3 Financial data
2.1.7.4 Product landscape
2.1.7.5 Strategic outlook
2.1.7.6 SWOT Analysis
2.1.8 Volvo Group
2.1.8.1 Company overview
2.1.8.2 Operating segment overview
2.1.8.3 Financial data
2.1.8.4 Product landscape
2.1.8.5 Strategic outlook
2.1.8.6 SWOT Analysis
2.1.9 Rheinmetall AG
2.1.9.1 Company overview
2.1.9.2 Operating segment overview
2.1.9.3 Financial data
2.1.9.4 Product landscape
2.1.9.5 Strategic outlook
2.1.9.6 SWOT Analysis
2.1.10 Polaris Government & Defense
2.1.10.1 Company overview
2.1.10.2 Operating segment overview
2.1.10.3 Financial data
2.1.10.4 Product landscape
2.1.10.5 Strategic outlook
2.1.10.6 SWOT Analysis
2.2 Asia Pacific
2.2.1 Ashok Leyland Defence Systems
2.2.1.1 Market/Business Overview
2.2.1.2 Operating Segment Overview
2.2.1.3 Financial data
2.2.1.4 Product landscape
2.2.1.5 Strategic outlook
2.2.1.6 SWOT Analysis
2.2.2 Tata Motors
2.2.2.1 Market/Business Overview
2.2.2.2 Operating Segment Overview
2.2.2.3 Financial data
2.2.2.4 Product landscape
2.2.2.5 Strategic outlook
2.2.2.6 SWOT Analysis
2.2.3 Mahindra Defence
2.2.3.1 Company overview
2.2.3.2 Operating segment overview
2.2.3.3 Financial data
2.2.3.4 Product landscape
2.2.3.5 Strategic outlook
2.2.3.6 SWOT Analysis
2.2.4 Hyundai Rotem
2.2.4.1 Company overview
2.2.4.2 Operating segment overview
2.2.4.3 Financial data
2.2.4.4 Product landscape
2.2.4.5 Strategic outlook
2.2.4.6 SWOT Analysis
2.2.5 Mitsubishi Heavy Industries Ltd
2.2.5.1 Company overview
2.2.5.2 Operating segment overview
2.2.5.3 Financial data
2.2.5.4 Product landscape
2.2.5.5 Strategic outlook
2.2.5.6 SWOT Analysis
2.2.6 ST Engineering Land Systems
2.2.6.1 Company overview
2.2.6.2 Operating segment overview
2.2.6.3 Financial data
2.2.6.4 Product landscape
2.2.6.5 Strategic outlook
2.2.6.6 SWOT Analysis
2.2.7 China North Industries Corporation
2.2.7.1 Company overview
2.2.7.2 Operating segment overview
2.2.7.3 Financial data
2.2.7.4 Product landscape
2.2.7.5 Strategic outlook
2.2.7.6 SWOT Analysis
2.2.8 Dongfeng Motor Corporation
2.2.8.1 Company overview
2.2.8.2 Operating segment overview
2.2.8.3 Financial data
2.2.8.4 Product landscape
2.2.8.5 Strategic outlook
2.2.8.6 SWOT Analysis
2.2.9 Kia Motors Corporation
2.2.9.1 Company overview
2.2.9.2 Operating segment overview
2.2.9.3 Financial data
2.2.9.4 Product landscape
2.2.9.5 Strategic outlook
2.2.9.6 SWOT Analysis
2.2.10 Oshkosh Defense
2.2.10.1 Market/Business Overview
2.2.10.2 Operating Segment Overview
2.2.10.3 Financial data
2.2.10.4 Product landscape
2.2.10.5 Strategic outlook
2.2.10.6 SWOT Analysis
2.3 Latin America
2.3.1 Iveco Group NV
2.3.1.1 Company overview
2.3.1.2 Operating segment overview
2.3.1.3 Financial data
2.3.1.4 Product landscape
2.3.1.5 Strategic outlook
2.3.1.6 SWOT Analysis
2.3.2 Volvo Group
2.3.2.1 Company overview
2.3.2.2 Operating segment overview
2.3.2.3 Financial data
2.3.2.4 Product landscape
2.3.2.5 Strategic outlook
2.3.2.6 SWOT Analysis
2.3.3 Tata Motors
2.3.3.1 Market/Business Overview
2.3.3.2 Operating Segment Overview
2.3.3.3 Financial data
2.3.3.4 Product landscape
2.3.3.5 Strategic outlook
2.3.3.6 SWOT Analysis
2.3.4 AM General
2.3.4.1 Company overview
2.3.4.2 Operating segment overview
2.3.4.3 Financial data
2.3.4.4 Product landscape
2.3.4.5 Strategic outlook
2.3.4.6 SWOT Analysis
2.3.5 Mercedes-Benz Trucks
2.3.5.1 Company overview
2.3.5.2 Operating segment overview
2.3.5.3 Financial data
2.3.5.4 Product landscape
2.3.5.5 Strategic outlook
2.3.5.6 SWOT Analysis
2.3.6 Navistar International Corporation
2.3.6.1 Company overview
2.3.6.2 Operating segment overview
2.3.6.3 Financial data
2.3.6.4 Product landscape
2.3.6.5 Strategic outlook
2.3.6.6 SWOT Analysis
2.3.7 Oshkosh Corporation
2.3.7.1 Company overview
2.3.7.2 Operating segment overview
2.3.7.3 Financial data
2.3.7.4 Product landscape
2.3.7.5 Strategic outlook
2.3.7.6 SWOT Analysis
2.3.8 Ford Motor
2.3.8.1 Company overview
2.3.8.2 Operating segment overview
2.3.8.3 Financial data
2.3.8.4 Product landscape
2.3.8.5 Strategic outlook
2.3.8.6 SWOT Analysis
2.3.9 General Dynamics Land Systems
2.3.9.1 Company overview
2.3.9.2 Operating segment overview
2.3.9.3 Financial data
2.3.9.4 Product landscape
2.3.9.5 Strategic outlook
2.3.9.6 SWOT Analysis
2.3.10 BAE Systems
2.3.10.1 Company overview
2.3.10.2 Operating segment overview
2.3.10.3 Financial data
2.3.10.4 Product landscape
2.3.10.5 Strategic outlook
2.3.10.6 SWOT Analysis
2.4 MEA
2.4.1 AB Volvo
2.4.1.1 Company overview
2.4.1.2 Operating segment overview
2.4.1.3 Financial data
2.4.1.4 Product landscape
2.4.1.5 Strategic outlook
2.4.1.6 SWOT Analysis
2.4.2 Hyundai Rotem
2.4.2.1 Company overview
2.4.2.2 Operating segment overview
2.4.2.3 Financial data
2.4.2.4 Product landscape
2.4.2.5 Strategic outlook
2.4.2.6 SWOT Analysis
2.4.3 Rheinmetall AG
2.4.3.1 Company overview
2.4.3.2 Operating segment overview
2.4.3.3 Financial data
2.4.3.4 Product landscape
2.4.3.5 Strategic outlook
2.4.3.6 SWOT Analysis
2.4.4 Iveco
2.4.4.1 Company overview
2.4.4.2 Operating segment overview
2.4.4.3 Financial data
2.4.4.4 Product landscape
2.4.4.5 Strategic outlook
2.4.4.6 SWOT Analysis
2.4.5 Navistar International Corporation
2.4.5.1 Company overview
2.4.5.2 Operating segment overview
2.4.5.3 Financial data
2.4.5.4 Product landscape
2.4.5.5 Strategic outlook
2.4.5.6 SWOT Analysis
2.4.6 Oshkosh Corporation
2.4.6.1 Company overview
2.4.6.2 Operating segment overview
2.4.6.3 Financial data
2.4.6.4 Product landscape
2.4.6.5 Strategic outlook
2.4.6.6 SWOT Analysis
2.4.7 Paramount Group
2.4.7.1 Company overview
2.4.7.2 Operating segment overview
2.4.7.3 Financial data
2.4.7.4 Product landscape
2.4.7.5 Strategic outlook
2.4.7.6 SWOT Analysis
2.4.8 BMC Sanayi ve Ticaret A.Ş.
2.4.8.1 Company overview
2.4.8.2 Operating segment overview
2.4.8.3 Financial data
2.4.8.4 Product landscape
2.4.8.5 Strategic outlook
2.4.8.6 SWOT Analysis
2.4.9 UAE's Emirates Defence Industries
2.4.9.1 Company overview
2.4.9.2 Operating segment overview
2.4.9.3 Financial data
2.4.9.4 Product landscape
2.4.9.5 Strategic outlook
2.4.9.6 SWOT Analysis
2.4.10 Samil OTT Technologies
2.4.10.1 Company overview
2.4.10.2 Operating segment overview
2.4.10.3 Financial data
2.4.10.4 Product landscape
2.4.10.5 Strategic outlook
2.4.10.6 SWOT Analysis

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us