Military Trucks - Global Strategic Business Report

Global Military Trucks Market to Reach 23.6 Thousand Units by 2030

The global market for Military Trucks estimated at 17 Thousand Units in the year 2022, is projected to reach a revised size of 23.6 Thousand Units by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030. Heavy, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach 9.9 Thousand Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Light segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at 4.6 Thousand Units, While China is Forecast to Grow at 7.1% CAGR

The Military Trucks market in the U.S. is estimated at 4.6 Thousand Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 4.9 Thousand Units by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 42 Featured) -

• Arquus
• General Dynamics
• Iveco S.p.A.
• Krauss-Maffei Wegmann
• Mercedes-Benz AG
• Mitsubishi Heavy Industries
• Oshkosh Corporation, Inc.
• Rheinmetall AG
• Tata Motors
• Tatra Trucks A.S.
• Textron Inc.

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• Global competitiveness and key competitor percentage market shares
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