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Military Truck Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5896126
The military truck market size has grown steadily in recent years. It will grow from $24.18 billion in 2023 to $25.18 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The expansion during the historical period can be attributed to the Cold War military buildup, geopolitical tensions, the modernization of armed forces, military conflicts, peacekeeping missions, and defense budget allocations.

The military truck market size is expected to see steady growth in the next few years. It will grow to $29.67 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The anticipated growth in the forecast period can be attributed to increased global security concerns, a demand for versatile and adaptable military vehicles, geopolitical instability, military force modernization programs, and a focus on rapid deployment capabilities. Key trends expected in the forecast period include the development of electric and hybrid military trucks, an emphasis on fuel efficiency and sustainability, the adoption of modular and customizable vehicle platforms, the utilization of artificial intelligence in military logistics, and the incorporation of advanced materials for enhanced durability.

The anticipated growth of the military truck market is poised to be propelled by the increasing military spending worldwide. Military spending denotes the financial resources a country allocates to construct and maintain its armed forces and defense-related activities. Elevated military spending often corresponds to an augmented demand for military equipment, including military trucks. Notably, in April 2022, the Stockholm International Peace Research Institute reported a global military expenditure of $2,113 billion in 2021, surpassing the two trillion US dollar threshold. The year 2021 witnessed a 0.7% increase in global spending compared to 2020, with the United States leading in military expenditure at $801 billion. This surge in military spending is a pivotal factor driving the growth of the military truck market.

The rapid escalation of cross-border tensions is expected to be a significant driver for the growth of the military truck market in the foreseeable future. Cross-border tensions involve conflicts or strained relations between countries sharing a common border, arising from political, economic, cultural, historical, or geographical concerns. Heightened cross-border dangers prompt governments to bolster their defense capabilities, with military trucks playing a crucial role in troop mobility, logistics, and support operations. Recent data from ReliefWeb indicates an increase in non-state conflicts from 76 in 2021 to 82 in 2022, with Africa experiencing a notable number of such conflicts. The surge in cross-border tensions is a compelling factor fueling the demand for military trucks.

Innovation in product offerings stands out as a prominent trend in the military truck market, with major companies adopting advanced technologies to maintain their market positions. A noteworthy example is the introduction of the DURO-e by General Dynamics European Land Systems in June 2022. The DURO-e is the first all-electric all-terrain 4x4 vehicle, boasting features such as a digital vehicle architecture, a variable powertrain accommodating diesel and electric options, silent drive capabilities, and CO2-neutral and economical operation. These innovations enhance the versatility and efficiency of military trucks, catering to various purposes, including transportation, logistics, and support operations.

Strategic collaborations are a key focus for major companies operating in the military truck market. An illustrative collaboration is the partnership between American Rheinmetall Vehicles LLC and GM Defense LLC to participate in the United States Army's Common Tactical Truck Program. This collaboration combines GM Defense's commercial strengths with Rheinmetall's next-generation capabilities to develop a transformative military vehicle. The program aims to replace the Army's heavy tactical vehicle family, with the collaboration focusing on advanced technologies such as advanced driver assistance systems (ADAS), off-road accessibility, cybersecurity, artificial intelligence, machine learning, survivability improvements, and fuel savings.

In May 2022, Allied Motion Technologies Inc., a US-based developer of advanced motion control products and systems, acquired FPH Group Inc., a UK-based company specializing in military vehicle design. This strategic acquisition positions Allied Motion Technologies to have broader access to defense applications and appropriate manufacturing certifications and licenses, strengthening its presence in the military truck market.

Major companies operating in the military truck market report are Mercedes-Benz Group AG, Ford Motor Company, Lockheed Martin Corporation, Volvo Defense AB, ZF Friedrichshafen AG, General Dynamics Corporation, Mitsubishi Heavy Industries Ltd., PACCAR Inc., BAE Systems, Thales Group, IVECO S.p.A., Hino Motors Ltd., Oshkosh Corporation, Rheinmetall AG, Ashok Leyland Ltd., Tata Motors Limited, Renault Trucks, Krauss-Maffei Wegmann GmbH & Co. KG, Mack Trucks Inc., Scania AB, AM General LLC, Arquus Co, ACMAT Corporation, TATRA TRUCKS AS, Astra Veicoli Industriali S.p.A., GM Defense LLC.

North America was the largest region in the military truck market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the military truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the military truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary classifications of military trucks include light, medium, and heavy categories. Light trucks typically have a gross vehicle weight rating (GVWR) under 8,500 pounds. These trucks can be propelled by various means, including diesel, gasoline, and electric or hybrid engines, and they may feature automatic, semi-automatic, or manual transmissions. Military trucks find applications in cargo logistics, troops transport, and other operational uses.

The military trucks market research report is one of a series of new reports that provides military trucks market statistics, including military trucks industry global market size, regional shares, competitors with a military trucks market share, detailed military trucks market segments, market trends and opportunities, and any further data you may need to thrive in the military trucks industry. This military truck market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The military truck market consists of sales of armored personnel carriers (APCs), stryker, amphibious assault vehicle, expeditionary fighting vehicle, heavy equipment transport system, and family of medium tactical vehicles (FMTV). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Military Truck Market Characteristics3. Military Truck Market Trends and Strategies
4. Military Truck Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Military Truck Market Size and Growth
5.1. Global Military Truck Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Military Truck Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Military Truck Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Military Truck Market Segmentation
6.1. Global Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Light
  • Medium
  • Heavy
6.2. Global Military Truck Market, Segmentation by Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Diesel
  • Gasoline
  • Electric Or Hybrid
6.3. Global Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automatic
  • Semi-Automatic
  • Manual
6.4. Global Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Cargo Logistics
  • Troops Transport
  • Other Applications
7. Military Truck Market Regional and Country Analysis
7.1. Global Military Truck Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Military Truck Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Military Truck Market
8.1. Asia-Pacific Military Truck Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Military Truck Market
9.1. China Military Truck Market Overview
9.2. China Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Military Truck Market
10.1. India Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Military Truck Market
11.1. Japan Military Truck Market Overview
11.2. Japan Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Military Truck Market
12.1. Australia Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Military Truck Market
13.1. Indonesia Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Military Truck Market
14.1. South Korea Military Truck Market Overview
14.2. South Korea Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Military Truck Market
15.1. Western Europe Military Truck Market Overview
15.2. Western Europe Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Military Truck Market
16.1. UK Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Military Truck Market
17.1. Germany Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Military Truck Market
18.1. France Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Military Truck Market
19.1. Italy Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Military Truck Market
20.1. Spain Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Military Truck Market
21.1. Eastern Europe Military Truck Market Overview
21.2. Eastern Europe Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Military Truck Market
22.1. Russia Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Military Truck Market
23.1. North America Military Truck Market Overview
23.2. North America Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Military Truck Market
24.1. USA Military Truck Market Overview
24.2. USA Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Military Truck Market
25.1. Canada Military Truck Market Overview
25.2. Canada Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Military Truck Market
26.1. South America Military Truck Market Overview
26.2. South America Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Military Truck Market
27.1. Brazil Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Military Truck Market
28.1. Middle East Military Truck Market Overview
28.2. Middle East Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Military Truck Market
29.1. Africa Military Truck Market Overview
29.2. Africa Military Truck Market, Segmentation by Truck Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Military Truck Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Military Truck Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Military Truck Market Competitive Landscape and Company Profiles
30.1. Military Truck Market Competitive Landscape
30.2. Military Truck Market Company Profiles
30.2.1. Mercedes-Benz Group AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Ford Motor Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Lockheed Martin Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Volvo Defense AB
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. ZF Friedrichshafen AG
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Military Truck Market Other Major and Innovative Companies
31.1. General Dynamics Corporation
31.2. Mitsubishi Heavy Industries Ltd.
31.3. PACCAR Inc.
31.4. BAE Systems
31.5. Thales Group
31.6. IVECO S.p.A.
31.7. Hino Motors Ltd.
31.8. Oshkosh Corporation
31.9. Rheinmetall AG
31.10. Ashok Leyland Ltd.
31.11. Tata Motors Limited
31.12. Renault Trucks
31.13. Krauss-Maffei Wegmann GmbH & Co. KG
31.14. Mack Trucks Inc.
31.15. Scania AB
32. Global Military Truck Market Competitive Benchmarking33. Global Military Truck Market Competitive Dashboard34. Key Mergers and Acquisitions in the Military Truck Market
35. Military Truck Market Future Outlook and Potential Analysis
35.1 Military Truck Market in 2028 - Countries Offering Most New Opportunities
35.2 Military Truck Market in 2028 - Segments Offering Most New Opportunities
35.3 Military Truck Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Military Truck Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on military truck market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for military truck? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Truck Type: Light; Medium; Heavy
2) By Propulsion: Diesel; Gasoline; Electric Or Hybrid
3) By Transmission Type: Automatic; Semi-Automatic; Manual
4) By Application: Cargo Logistics; Troops Transport; Other Applications

Key Companies Mentioned: Mercedes-Benz Group AG; Ford Motor Company; Lockheed Martin Corporation; Volvo Defense AB; ZF Friedrichshafen AG

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Mercedes-Benz Group AG
  • Ford Motor Company
  • Lockheed Martin Corporation
  • Volvo Defense AB
  • ZF Friedrichshafen AG
  • General Dynamics Corporation
  • Mitsubishi Heavy Industries Ltd.
  • PACCAR Inc.
  • BAE Systems
  • Thales Group
  • IVECO S.p.A.
  • Hino Motors Ltd.
  • Oshkosh Corporation
  • Rheinmetall AG
  • Ashok Leyland Ltd.
  • Tata Motors Limited
  • Renault Trucks
  • Krauss-Maffei Wegmann GmbH & Co. KG
  • Mack Trucks Inc.
  • Scania AB
  • AM General LLC
  • Arquus Co
  • ACMAT Corporation
  • TATRA TRUCKS AS
  • Astra Veicoli Industriali S.p.A.
  • GM Defense LLC

Methodology

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Table Information