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Global Military Vehicle Sustainment Market by Vehicle Type (Armored Vehicles, Military Trucks), Service (Maintenance, Repair, & Overhaul (MRO), Training & Support, Parts & Components Supply, Upgrades & Modernization), End-user & Region - Forecast to 2028

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    Report

  • 201 Pages
  • October 2023
  • Region: Global
  • Markets and Markets
  • ID: 5896291
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Increased Adoption of Data-Driven and Predictive Maintenance Techniques Creating Lucrative Opportunities

The Global Military Vehicle Sustainment Market is projected to grow from USD 16.8 billion in 2023 to USD 23.5 billion by 2028, at a CAGR of 7% during the forecast period. Technological advancements and increasing demand for military vehicles across the globe are driving the growth of the market.

The Armored Personnel Carrier is projected to hold highest share of the market by Vehicle type during the forecast period

Based on Vehicle type, the armored personnel carrier segment of the Military Vehicle Sustainment market is projected to hold the highest share during the forecast period. The Armored Personnel Carrier (APC) are widely used vehicle in military. The APCs are used on regular basis for the transportation of personnel and military equipment. Due to its regular use proper and daily maintenance and repair is crucial to keep the APCs operational in high amount.

The Army segment is projected to grow at highest rate by End-user Type

Based on End-user type, the Army segment is projected to grow at highest rate during the forecast period. Military Vehicles are widely used by Army. For Transportation, Surveillance, Information Gathering, Rescue Mission, Combat Missions and many for many other purpose Army uses the military vehicles. Due to wide use case of military vehicle in Army the need of sustainment services arises. To keep the military vehicle mission- ready maintenance, repair, upgradation and modernization is required.

Asia-Pacific is expected to account for the largest market share in 2023

The Military Vehicle Sustainment market industry has been studied in North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific accounted for the largest market share for Military Vehicle Sustainment. Asia-Pacific is estimated to grow at CAGR of 5.3 % during the forecast period. India leads the market in Asia-Pacific with a large number of companies and startups operating in the industry. The country is playing a vital role in the advancement and services of Military Vehicle Sustainment. India is planning to privatize the sustainment services for military vehicles.

The break-up of the profile of primary participants in the Military Vehicle Sustainment market:

  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C Level - 35%, Managers - 25%, and Others - 40%
  • By Region: North America - 30%, Europe - 20%, Asia-Pacific - 40%, and Rest of the World - 10%

Prominent companies include Rheinmetall AG (Germany), BAE Systems (UK), General Dynamic Corporation (US), Elbit Systems Ltd (Israel), and Oshkosh Corporation (US) and among others.

Research Coverage

This research report categorizes the Military Vehicle Sustainment market by Vehicle Type (Armored Vehicles, Military Trucks), by Service (Maintenance, Repair and Overhaul (MRO), Training and Support, Parts and Components Supply, Upgrades and Modernization), by End User (Army, Navy, Air Force), and by region (North America, Europe, Asia-Pacific, Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Military Vehicle Sustainment market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the Military Vehicle Sustainment System market. Competitive analysis of upcoming startups in the Military Vehicle Sustainment market ecosystem is covered in this report.

Reasons to Buy This Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Military Vehicle Sustainment Service market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rising technology integration and upgrades in military vehicles, Increased adoption of data-driven and predictive maintenance, Growing focus on lifecycle management strategy), restraints (High cost and maintenance time for Fleet modernization, Technology gaps in military vehicle sustainment market, Limited utilization of data for sustainment), opportunities (Use of autonomous systems, Rising adoption of Lifecycle optimization strategy for sustainment, Supply chain efficiency enhancement), and challenges (Lack in resource allocation, Lack of cost optimization for sustainment) influencing the growth of the authentication and brand protection market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Military Vehicle Sustainment market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the Military Vehicle Sustainment market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Military Vehicle Sustainment market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the Military Vehicle Sustainment market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Military Vehicle Sustainment Market Segmentation
1.3.1 Regions Covered
1.4 Years Considered
1.5 Inclusions and Exclusions
1.6 Currency Considered
Table 1 USD Exchange Rate
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 2 Report Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Sources
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.3 Supply-Side Indicators
2.2.4 Recession Impact Analysis
2.3 Research Approach & Methodology
2.3.1 Bottom-Up Approach
2.3.1.1 Market Size Estimation and Methodology
Table 2 Military Vehicle Sustainment Market Estimation Procedure
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
Figure 7 Data Triangulation
2.4.1 Triangulation Through Primary and Secondary Research
2.5 Growth Rate Assumptions
2.6 Research Assumptions
2.7 Risk Analysis
3 Executive Summary
Figure 8 Armored Personnel Carriers Segment to Lead Market from 2023 to 2028
Figure 9 Army End-user Segment to Lead Market from 2023 to 2028
Figure 10 Asia-Pacific to Capture Largest Market Share in 2023
4 Premium Insights
4.1 Attractive Opportunities for Players in Military Vehicle Sustainment Market
Figure 11 Rise in Demand to Increase Fleet Size of Military Vehicles to Drive Market
4.2 Military Vehicle Sustainment Market, by Vehicle Type
Figure 12 Armored Personnel Carriers Segment to Lead Market During Forecast Period
4.3 Military Vehicle Sustainment Market, by End-user
Figure 13 Army Segment to Account for Maximum Market Share During Forecast Period
4.4 Military Vehicle Sustainment Market, by Region
Figure 14 Asia-Pacific to Lead Market During Forecast Period
4.5 Military Vehicle Sustainment Market, by Country/Region
Figure 15 Middle East & Africa to be Fastest-Growing Market from 2023 to 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 Military Vehicle Sustainment Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rising Technology Integration and Upgrades in Military Vehicles
5.2.1.2 Increased Adoption of Data-Driven and Predictive Maintenance Techniques
5.2.1.3 Growing Focus on Lifecycle Management Strategies
5.2.2 Restraints
5.2.2.1 Complexity and High Cost of Fleet Modernization
5.2.2.2 Technology Gaps in Military Vehicle Sustainment Market
5.2.2.3 Limited Utilization of Data for Sustainment
5.2.3 Opportunities
5.2.3.1 Use of Autonomous Systems
5.2.3.2 Rising Adoption of Lifecycle Optimization Strategies for Sustainment
5.2.3.3 Supply Chain Efficiency Enhancement
5.2.4 Challenges
5.2.4.1 Lack of Resource Allocation
5.2.4.2 Lack of Cost Optimization for Sustainment
5.3 Value Chain Analysis
Figure 17 Value Chain Analysis
5.4 Trends/Disruptions Impacting Customer Business
Figure 18 Revenue Shift in Military Vehicle Sustainment Market
5.5 Market Ecosystem
5.5.1 Prominent Companies
5.5.2 Private and Small Enterprises
5.5.3 End-users
Figure 19 Ecosystem Mapping
Table 3 Role of Key Players in Ecosystem
5.6 Porter's Five Forces Analysis
Table 4 Porter's Five Force Analysis
5.6.1 Threat of New Entrants
5.6.2 Threat of Substitutes
5.6.3 Bargaining Power of Suppliers
5.6.4 Bargaining Power of Buyers
5.6.5 Intensity of Competitive Rivalry
5.7 Pricing Analysis
Table 5 Average Selling Price of Main Battle Tanks (USD Million)
Table 6 Average Selling Price of Infantry Fighting Vehicles (USD Million)
Table 7 Average Selling Price of Armored Personnel Carriers (USD Million)
Table 8 Average Selling Price of Mine-Resistant Ambush-Protected Vehicles (USD Million)
Table 9 Average Selling Price of Light Protected Vehicles (USD Million)
5.8 Tariff and Regulatory Landscape
Table 10 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Middle East: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.9 Trade Analysis
Table 15 Country-Wise Imports, 2019-2022 (USD Thousand)
Table 16 Country-Wise Exports, 2019-2022 (USD Thousand)
5.10 Key Stakeholders and Buying Criteria
5.10.1 Key Stakeholders in Buying Process
Figure 20 Influence of Stakeholders on Buying Process for Military Vehicle Sustainment Services, by End-user
Table 17 Influence of Stakeholders on Buying Process for Military Vehicle Sustainment Services, by End-user
5.10.2 Buying Criteria
Figure 21 Key Buying Criteria for Military Vehicle Sustainment Services, by End-user
Table 18 Key Buying Criteria for Military Vehicle Sustainment Services, by End-user
5.11 Key Conferences and Events, 2023-2024
Table 19 Key Conferences and Events, 2023-2024
5.12 Case Study Analysis
5.12.1 Predictive Maintenance to Enhance Vehicle Sustainment
5.12.2 Solutions for Inventory Management
5.12.3 Modernization and Infrastructure Development
5.12.4 Advanced Training Programs
6 Industry Trends
6.1 Introduction
Figure 22 Technology Roadmap in Military Vehicle Sustainment Market, 2000-2050
6.2 Key Technology Trends
Figure 23 Technology Trends in Military Vehicle Sustainment Market
6.2.1 Fleet Management Network System
6.2.2 Energy Installations and Energy Resilience
Figure 24 Benefits of Hybrid Electric Propulsion Systems for Military Vehicle Sustainment Market
6.2.3 Connected Vehicles and Autonomy
6.2.4 3D Printing
6.2.5 Advanced Materials
6.2.6 Modular Platforms
6.2.7 Cybersecurity
6.2.8 Predictive Maintenance
Figure 25 Predictive Maintenance and Its Benefits for Military Vehicle Sustainment Market
6.3 Impact of Megatrends
6.3.1 Internet of Things (IoT)
6.3.2 Artificial Intelligence (AI) and Robotics
6.4 Supply Chain Analysis
Figure 26 Military Vehicle Sustainment Market: Supply Chain Analysis
7 Military Vehicle Sustainment Market, by Vehicle Type
7.1 Introduction
Figure 27 Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028
Table 20 Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 21 Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
7.2 Armored Vehicles
7.2.1 Tanks
7.2.1.1 Requirement of Scheduled and Regular Maintenance to Drive Market
7.2.2 Infantry Fighting Vehicles
7.2.2.1 Increasing Demand in Modern Warfare to Drive Market
7.2.3 Armored Personnel Carriers
7.2.3.1 Protective System Maintenance to Drive Market
7.2.4 Reconnaissance Vehicles
7.2.4.1 Lifecycle Management and Repairs to Drive Market
7.3 Military Trucks
7.3.1 Utility Trucks
7.3.1.1 Sustainment Activities to Maximize Utility Truck Reliability to Drive Market
7.3.2 Transport Trucks
7.3.2.1 Cost-Effective Sustainment Solutions for Longevity and Fleet Support to Drive Market
7.3.3 Recovery Vehicles
7.3.3.1 Need for Regular Maintenance to Drive Market
8 Military Vehicle Sustainment Market, by Service
8.1 Introduction
8.2 Maintenance, Repair, and Overhaul (MRO)
8.2.1 Preventive Maintenance
8.2.2 Corrective Maintenance
8.2.3 Field Repair
8.3 Training and Support
8.4 Parts and Components Supply
8.5 Upgrades and Modernization
9 Military Vehicle Sustainment Market, by End-user
9.1 Introduction
Figure 28 Military Vehicle Sustainment Market, by End-user, 2023-2028
Table 22 Military Vehicle Sustainment Market, by End-user, 2020-2022 (USD Million)
Table 23 Military Vehicle Sustainment Market, by End-user, 2023-2028 (USD Million)
9.2 Army
9.2.1 Largest End-user Segment of Market
9.3 Navy
9.3.1 Maintenance, Repair, and Upgrades of Military Vehicles to Drive Market
9.4 Air Force
9.4.1 Need for Logistics Support on Airbases to Drive Market
10 Military Vehicle Sustainment Market, by Region
10.1 Introduction
Figure 29 Asia-Pacific to Account for Largest Share from 2023 to 2028
Table 24 Military Vehicle Sustainment Market, by Region, 2020-2022 (USD Million)
Table 25 Military Vehicle Sustainment Market, by Region, 2023-2028 (USD Million)
10.2 North America
10.2.1 Pestle Analysis
10.2.1.1 Political
10.2.1.2 Economic
10.2.1.3 Social
10.2.1.4 Technological
10.2.1.5 Legal
10.2.1.6 Environmental
Figure 30 North America: Military Vehicle Sustainment Market Snapshot
Table 26 North America: Military Vehicle Sustainment Market, by Country, 2020-2022 (USD Million)
Table 27 North America: Military Vehicle Sustainment Market, by Country, 2023-2028 (USD Million)
Table 28 North America: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 29 North America: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 30 North America: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 31 North America: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
Table 32 North America: Military Vehicle Sustainment Market in Trucks, by End-user, 2020-2022 (USD Million)
Table 33 North America: Military Vehicle Sustainment Market in Trucks, by End-user, 2023-2028 (USD Million)
10.2.2 US
10.2.2.1 Continuous Investment in Military Vehicle Sustainment to Drive Market
Table 34 US: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 35 US: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 36 US: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 37 US: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.2.3 Canada
10.2.3.1 Modernizing Military Vehicle Sustainment Strategies to Drive Market
Table 38 Canada: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 39 Canada: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 40 Canada: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 41 Canada: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.3 Europe
10.3.1 Pestle Analysis
10.3.1.1 Political
10.3.1.2 Economic
10.3.1.3 Social
10.3.1.4 Technological
10.3.1.5 Legal
10.3.1.6 Environmental
Figure 31 Europe: Military Vehicle Sustainment Market Snapshot
Table 42 Europe: Military Vehicle Sustainment Market, by Country, 2020-2022 (USD Million)
Table 43 Europe: Military Vehicle Sustainment Market, by Country, 2023-2028 (USD Million)
Table 44 Europe: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 45 Europe: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 46 Europe: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 47 Europe: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
Table 48 Europe: Military Vehicle Sustainment Market in Trucks, by End-user, 2020-2022 (USD Million)
Table 49 Europe: Military Vehicle Sustainment Market in Trucks, by End-user, 2023-2028 (USD Million)
10.3.2 Russia
10.3.2.1 Increase in Demand for Repair of Military Vehicles due to Russia-Ukraine War to Drive Market
Table 50 Russia: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 51 Russia: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 52 Russia: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 53 Russia: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.3.3 UK
10.3.3.1 Presence of Key Players for Military Vehicle Sustainment to Drive Market
Table 54 UK: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 55 UK: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 56 UK: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 57 UK: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.3.4 France
10.3.4.1 Increase in Military Spending to Drive Market
Table 58 France: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 59 France: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 60 France: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 61 France: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.3.5 Rest of Europe
Table 62 Rest of Europe: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 63 Rest of Europe: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 64 Rest of Europe: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 65 Rest of Europe: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.4 Asia-Pacific
10.4.1 Pestle Analysis
10.4.1.1 Political
10.4.1.2 Economic
10.4.1.3 Social
10.4.1.4 Technological
10.4.1.5 Legal
10.4.1.6 Environmental
Figure 32 Asia-Pacific: Military Vehicle Sustainment Market Snapshot
Table 66 Asia-Pacific: Military Vehicle Sustainment Market, by Country, 2020-2022 (USD Million)
Table 67 Asia-Pacific: Military Vehicle Sustainment Market, by Country, 2023-2028 (USD Million)
Table 68 Asia-Pacific: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 69 Asia-Pacific: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 70 Asia-Pacific: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 71 Asia-Pacific: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
Table 72 Asia-Pacific: Military Vehicle Sustainment Market, by End-user, 2020-2022 (USD Million)
Table 73 Asia-Pacific: Military Vehicle Sustainment Market, by End-user, 2023-2028 (USD Million)
10.4.2 China
10.4.2.1 Rise in Need of Sustainment and Support for Extensive Military Vehicle Fleet to Drive Market
Table 74 China: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 75 China: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 76 China: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 77 China: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.4.3 India
10.4.3.1 Privatization in Military Vehicle Sustainment to Drive Market
Table 78 India: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 79 India: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 80 India: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 81 India: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.4.4 Japan
10.4.4.1 Increasing Number of Contracts for Military Vehicles with European Countries to Drive Market
Table 82 Japan: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 83 Japan: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 84 Japan: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 85 Japan: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.4.5 Australia
10.4.5.1 Development of Military Vehicle Sustainment Centers to Drive Market
Table 86 Australia: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 87 Australia: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 88 Australia: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 89 Australia: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.4.6 Rest of Asia-Pacific
Table 90 Rest of Asia-Pacific: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 91 Rest of Asia-Pacific: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 92 Rest of Asia-Pacific: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 93 Rest of Asia-Pacific: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.5 Rest of the World
Figure 33 Rest of the World: Military Vehicle Sustainment Market Snapshot
Table 94 Rest of the World: Military Vehicle Sustainment Market, by Region, 2020-2022 (USD Million)
Table 95 Rest of the World: Military Vehicle Sustainment Market, by Region, 2023-2028 (USD Million)
Table 96 Rest of the World: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 97 Rest of the World: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 98 Rest of the World: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 99 Rest of the World: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
Table 100 Rest of the World: Military Vehicle Sustainment Market in Trucks, by End-user, 2020-2022 (USD Million)
Table 101 Rest of the World: Military Vehicle Sustainment Market in Trucks, by End-user, 2023-2028 (USD Million)
10.5.1 Middle East & Africa
10.5.1.1 Border Tensions and Geopolitical Competition to Drive Market
Table 102 Middle East & Africa: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 103 Middle East & Africa: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 104 Middle East & Africa: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 105 Middle East & Africa: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
10.5.2 Latin America
10.5.2.1 Increasing Demand for Military Vehicles to Drive Market
Table 106 Latin America: Military Vehicle Sustainment Market, by Vehicle Type, 2020-2022 (USD Million)
Table 107 Latin America: Military Vehicle Sustainment Market, by Vehicle Type, 2023-2028 (USD Million)
Table 108 Latin America: Military Vehicle Sustainment Market, by Truck, 2020-2022 (USD Million)
Table 109 Latin America: Military Vehicle Sustainment Market, by Truck, 2023-2028 (USD Million)
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis
Figure 34 Market Ranking of Top 5 Players, 2023
11.3 Market Share Analysis
Figure 35 Market Share Analysis for Top 5 Players, 2022
Table 110 Military Vehicle Sustainment Market: Degree of Competition
11.4 Revenue Analysis
Figure 36 Revenue Analysis for Top 5 Players, 2022
11.5 Competitive Benchmarking
Table 111 Company Product Footprint
Table 112 Region Footprint Analysis
11.6 Company Evaluation Matrix
11.6.1 Stars
11.6.2 Emerging Leaders
11.6.3 Pervasive Players
11.6.4 Participants
Figure 37 Military Vehicle Sustainment Market: Company Evaluation Matrix, 2022
11.7 Start-Up/SME Evaluation Matrix
11.7.1 Progressive Companies
11.7.2 Responsive Companies
11.7.3 Starting Blocks
11.7.4 Dynamic Companies
Figure 38 Military Vehicle Sustainment Market: Start-Up/SME Evaluation Matrix, 2022
11.8 Competitive Scenario
11.8.1 Market Evaluation Framework
11.8.2 Product Launches
Table 113 Product Launches, 2022-2023
11.8.3 Deals
Table 114 Deals, 2020-2023
12 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 Introduction
12.2 Depot Maintenance Locations in US
Figure 39 Depot Maintenance Locations in US: Snapshot
12.3 Key Players
12.3.1 BAE Systems
Table 115 BAE Systems: Company Overview
Figure 40 BAE Systems: Company Snapshot
Table 116 BAE Systems: Products/Solutions/Services Offered
Table 117 BAE Systems: Deals
12.3.2 Rheinmetall AG
Table 118 Rheinmetall AG: Company Overview
Figure 41 Rheinmetall AG: Company Snapshot
Table 119 Rheinmetall AG: Products/Solutions/Services Offered
Table 120 Rheinmetall AG: Product Launches
Table 121 Rheinmetall AG: Deals
12.3.3 Elbit Systems Ltd.
Table 122 Elbit Systems Ltd: Company Overview
Figure 42 Elbit Systems Ltd: Company Snapshot
Table 123 Elbit Systems Ltd: Products/Solutions/Services Offered
Table 124 Elbit Systems Ltd: Deals
12.3.4 General Dynamics Corporation
Table 125 General Dynamics Corporation: Company Overview
Figure 43 General Dynamics Corporation: Company Snapshot
Table 126 General Dynamics Corporation: Products/Solutions/Services Offered
Table 127 General Dynamics Corporation: Product Launches
Table 128 General Dynamics Corporation: Deals
12.3.5 Oshkosh Corporation
Table 129 Oshkosh Corporation: Company Overview
Figure 44 Oshkosh Corporation: Company Snapshot
Table 130 Oshkosh Corporation: Products/Solutions/Services Offered
Table 131 Oshkosh Corporation: Deals
12.3.6 Moog Inc.
Table 132 Moog Inc: Company Overview
Figure 45 Moog Inc: Company Snapshot
Table 133 Moog Inc: Products/Solutions/Services Offered
12.3.7 Thales
Table 134 Thales: Company Overview
Figure 46 Thales: Company Snapshot
Table 135 Thales: Products/Solutions/Services Offered
12.3.8 SAIC
Table 136 SAIC: Company Overview
Figure 47 SAIC: Company Snapshot
Table 137 SAIC: Products/Solutions/Services Offered
12.3.9 Leonardo S.p.A.
Table 138 Leonardo S.p.A: Company Overview
Figure 48 Leonardo S.p.A: Company Snapshot
Table 139 Leonardo S.p.A: Products/Solutions/Services Offered
12.3.10 Saab AB
Table 140 Saab AB: Company Overview
Figure 49 Saab AB: Company Snapshot
Table 141 Saab AB: Products/Solutions/Services Offered
12.3.11 ST Engineering
Table 142 ST Engineering: Company Overview
Figure 50 ST Engineering: Company Snapshot
Table 143 ST Engineering: Products/Solutions/Services Offered
Table 144 ST Engineering: Deals
12.3.12 KBR Inc.
Table 145 KBR Inc: Company Overview
Figure 51 KBR Inc: Company Snapshot
Table 146 KBR Inc: Products/Solutions/Services Offered
12.3.13 VSE Corporation
Table 147 VSE Corporation: Company Overview
Figure 52 VSE Corporation: Company Snapshot
Table 148 VSE Corporation: Products/Solutions/Services Offered
Table 149 VSE Corporation: Deals
12.3.14 Kratos Defense & Security Solutions, Inc.
Table 150 Kratos Defense & Security Solutions, Inc: Company Overview
Figure 53 Kratos Defense & Security Solutions, Inc: Company Snapshot
Table 151 Kratos Defense & Security Solutions, Inc: Products/Solutions/Services Offered
12.3.15 Cummins Inc.
Table 152 Cummins Inc: Company Overview
Figure 54 Cummins Inc: Company Snapshot
Table 153 Cummins Inc: Products/Solutions/Services Offered
12.3.16 GM Defense LLC
Table 154 GM Defense LLC: Company Overview
Table 155 GM Defense LLC: Products/Solutions/Services Offered
Table 156 GM Defense LLC: Deals
12.3.17 Mahindra & Mahindra Ltd.
Table 157 Mahindra & Mahindra Ltd: Company Overview
Figure 55 Mahindra & Mahindra Ltd: Company Snapshot
Table 158 Mahindra & Mahindra Ltd: Products/Solutions/Services Offered
12.3.18 ManTech International Corporation
Table 159 ManTech International Corporation: Company Overview
Table 160 ManTech International Corporation: Products/Solutions/Services Offered
Table 161 ManTech International Corporation: Deals
12.3.19 Amentum Services Inc.
Table 162 Amentum Services Inc: Company Overview
Table 163 Amentum Services Inc: Products/Solutions/Services Offered
Table 164 Amentum Services Inc: Deals
12.3.20 Navistar Defense LLC
Table 165 Navistar Defense LLC: Company Overview
Table 166 Navistar Defense LLC: Products/Solutions/Services Offered
Table 167 Navistar Defense LLC: Deals
12.4 Other Players
12.4.1 AM General
Table 168 AM General: Company Overview
12.4.2 Goriziane
Table 169 Goriziane: Company Overview
12.4.3 DGC International
Table 170 DGC International: Company Overview
12.4.4 Edge Group PJSC
Table 171 Edge Group PJSC: Company Overview
12.4.5 Excalibur Army Spol. S R.O.
Table 172 Excalibur Army Spol. S R.O: Company Overview
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in Case of Unlisted Companies
13 Appendix
13.1 Discussion Guide
13.2 KnowledgeStore: The Subscription Portal
13.3 Customization Options

Executive Summary

Companies Mentioned

  • AM General
  • Amentum Services Inc.
  • BAE Systems
  • Cummins Inc.
  • DGC International
  • Edge Group PJSC
  • Elbit Systems Ltd.
  • Excalibur Army Spol. S R.O.
  • General Dynamics Corporation
  • GM Defense LLC
  • Goriziane
  • KBR Inc.
  • Kratos Defense & Security Solutions, Inc.
  • Leonardo S.p.A.
  • Mahindra & Mahindra Ltd.
  • ManTech International Corporation
  • Moog Inc.
  • Navistar Defense LLC
  • Oshkosh Corporation
  • Rheinmetall AG
  • Saab AB
  • SAIC
  • ST Engineering
  • Thales
  • VSE Corporation

Table Information

Report AttributeDetails
No. of Pages201
PublishedOctober 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 16.8 Billion
Forecasted Market Value ( USD ) by 2028 $ 23.5 Billion
Compound Annual Growth Rate7.0%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the Military Vehicle Sustainment Market

The Military Vehicle Sustainment market for Tanks and Armored Vehicles is a specialized sector of the defense industry. It involves the maintenance, repair, and upgrade of existing military vehicles, as well as the production of spare parts and components. This market is driven by the need to keep military vehicles in optimal condition, as well as the need to upgrade them with the latest technology. The market is composed of a variety of companies, ranging from large defense contractors to small, specialized firms. These companies provide a range of services, from maintenance and repair to the production of spare parts and components. They also provide training and support services to ensure that military vehicles are kept in optimal condition. Some of the major companies in the Military Vehicle Sustainment market for Tanks and Armored Vehicles include BAE Systems, General Dynamics, Lockheed Martin, Raytheon, and Northrop Grumman. Other companies include Oshkosh Defense, Rheinmetall, Elbit Systems, and Thales Group. Show Less Read more

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