Selected research
Industry Growth & Trends
Global Military Vehicles Equipment Industry Growth and Trends Forecast to 2032
Market perspective
The global Military Vehicles Equipment market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Military Vehicles Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Military Vehicles Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Military Vehicles Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Military Vehicles Equipment include IVECO, BMW AG, Elbit Systems, Lockheed Martin Corporation, Lenco Industries, Krauss-Maffei Wegmann GmbH & Co. (KMW), International Armored Group, INKAS Armored Vehicle Manufacturing and Ford Motor Company, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Military Vehicles Equipment market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Military Vehicles Equipment market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Military Vehicles Equipment market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Military Vehicles Equipment.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Military Vehicles Equipment market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Military Vehicles Equipment Market by Company
IVECO
BMW AG
Elbit Systems
Lockheed Martin Corporation
Lenco Industries
Krauss-Maffei Wegmann GmbH & Co. (KMW)
International Armored Group
INKAS Armored Vehicle Manufacturing
Ford Motor Company
Daimler AG (Mercedes Benz)
BAE Systems
Navistar, Inc.
Oshkosh Defense
Rheinmetall AG
STAT, Inc.
Textron
Thales Group
General Dynamics Corporation
Military Vehicles Equipment Segment by Type
Military Battle Tanks
Unmanned Ground Vehicles
Military Armored Vehicles
Military Vehicles Equipment Segment by Application
Defence
Transportation
Other
Military Vehicles Equipment Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Military Vehicles Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Military Vehicles Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Military Vehicles Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Military Vehicles Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Military Vehicles Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Military Battle Tanks
- Unmanned Ground Vehicles
- Military Armored Vehicles
Applications
- Defence
- Transportation
- Other
Companies covered
- IVECO
- BMW AG
- Elbit Systems
- Lockheed Martin Corporation
- Lenco Industries
- Krauss-Maffei Wegmann GmbH & Co. (KMW)
- International Armored Group
- INKAS Armored Vehicle Manufacturing
- Ford Motor Company
- Daimler AG (Mercedes Benz)
- BAE Systems
- Navistar, Inc.
- Oshkosh Defense
- Rheinmetall AG
- STAT, Inc.
- Textron
- Thales Group
- General Dynamics Corporation
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Military Vehicles Equipment Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Military Vehicles Equipment Sales Estimates and Forecasts (2021-2032)
- 1.3 Military Vehicles Equipment Market by Type
- 1.3.1 Military Battle Tanks
- 1.3.2 Unmanned Ground Vehicles
- 1.3.3 Military Armored Vehicles
- 1.4 Global Military Vehicles Equipment Market Size by Type
- 1.4.1 Global Military Vehicles Equipment Market Size Overview by Type (2021-2032)
- 1.4.2 Global Military Vehicles Equipment Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Military Vehicles Equipment Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Military Vehicles Equipment Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Military Vehicles Equipment Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Military Vehicles Equipment Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Military Vehicles Equipment Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Military Vehicles Equipment Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Military Vehicles Equipment Industry Trends
- 2.2 Military Vehicles Equipment Industry Drivers
- 2.3 Military Vehicles Equipment Industry Opportunities and Challenges
- 2.4 Military Vehicles Equipment Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Military Vehicles Equipment Revenue (2021-2026)
- 3.2 Global Top Players by Military Vehicles Equipment Sales (2021-2026)
- 3.3 Global Top Players by Military Vehicles Equipment Price (2021-2026)
- 3.4 Global Military Vehicles Equipment Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Military Vehicles Equipment Major Company Production Sites & Headquarters
- 3.6 Global Military Vehicles Equipment Company, Product Type & Application
- 3.7 Global Military Vehicles Equipment Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Military Vehicles Equipment Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Military Vehicles Equipment Players Market Share by Revenue in 2025
- 3.8.3 2025 Military Vehicles Equipment Tier 1, Tier 2, and Tier 3
4 Military Vehicles Equipment Regional Status and Outlook
- 4.1 Global Military Vehicles Equipment Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Military Vehicles Equipment Historic Market Size by Region
- 4.2.1 Global Military Vehicles Equipment Sales in Volume by Region (2021-2026)
- 4.2.2 Global Military Vehicles Equipment Sales in Value by Region (2021-2026)
- 4.2.3 Global Military Vehicles Equipment Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Military Vehicles Equipment Forecasted Market Size by Region
- 4.3.1 Global Military Vehicles Equipment Sales in Volume by Region (2027-2032)
- 4.3.2 Global Military Vehicles Equipment Sales in Value by Region (2027-2032)
- 4.3.3 Global Military Vehicles Equipment Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Military Vehicles Equipment by Application
- 5.1 Military Vehicles Equipment Market by Application
- 5.1.1 Defence
- 5.1.2 Transportation
- 5.1.3 Other
- 5.2 Global Military Vehicles Equipment Market Size by Application
- 5.2.1 Global Military Vehicles Equipment Market Size Overview by Application (2021-2032)
- 5.2.2 Global Military Vehicles Equipment Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Military Vehicles Equipment Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Military Vehicles Equipment Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Military Vehicles Equipment Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Military Vehicles Equipment Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Military Vehicles Equipment Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Military Vehicles Equipment Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 IVECO
- 6.1.1 IVECO Company Information
- 6.1.2 IVECO Business Overview
- 6.1.3 IVECO Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 IVECO Military Vehicles Equipment Product Portfolio
- 6.1.5 IVECO Recent Developments
- 6.2 BMW AG
- 6.2.1 BMW AG Company Information
- 6.2.2 BMW AG Business Overview
- 6.2.3 BMW AG Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 BMW AG Military Vehicles Equipment Product Portfolio
- 6.2.5 BMW AG Recent Developments
- 6.3 Elbit Systems
- 6.3.1 Elbit Systems Company Information
- 6.3.2 Elbit Systems Business Overview
- 6.3.3 Elbit Systems Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Elbit Systems Military Vehicles Equipment Product Portfolio
- 6.3.5 Elbit Systems Recent Developments
- 6.4 Lockheed Martin Corporation
- 6.4.1 Lockheed Martin Corporation Company Information
- 6.4.2 Lockheed Martin Corporation Business Overview
- 6.4.3 Lockheed Martin Corporation Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Lockheed Martin Corporation Military Vehicles Equipment Product Portfolio
- 6.4.5 Lockheed Martin Corporation Recent Developments
- 6.5 Lenco Industries
- 6.5.1 Lenco Industries Company Information
- 6.5.2 Lenco Industries Business Overview
- 6.5.3 Lenco Industries Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Lenco Industries Military Vehicles Equipment Product Portfolio
- 6.5.5 Lenco Industries Recent Developments
- 6.6 Krauss-Maffei Wegmann GmbH & Co. (KMW)
- 6.6.1 Krauss-Maffei Wegmann GmbH & Co. (KMW) Company Information
- 6.6.2 Krauss-Maffei Wegmann GmbH & Co. (KMW) Business Overview
- 6.6.3 Krauss-Maffei Wegmann GmbH & Co. (KMW) Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Krauss-Maffei Wegmann GmbH & Co. (KMW) Military Vehicles Equipment Product Portfolio
- 6.6.5 Krauss-Maffei Wegmann GmbH & Co. (KMW) Recent Developments
- 6.7 International Armored Group
- 6.7.1 International Armored Group Company Information
- 6.7.2 International Armored Group Business Overview
- 6.7.3 International Armored Group Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 International Armored Group Military Vehicles Equipment Product Portfolio
- 6.7.5 International Armored Group Recent Developments
- 6.8 INKAS Armored Vehicle Manufacturing
- 6.8.1 INKAS Armored Vehicle Manufacturing Company Information
- 6.8.2 INKAS Armored Vehicle Manufacturing Business Overview
- 6.8.3 INKAS Armored Vehicle Manufacturing Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 INKAS Armored Vehicle Manufacturing Military Vehicles Equipment Product Portfolio
- 6.8.5 INKAS Armored Vehicle Manufacturing Recent Developments
- 6.9 Ford Motor Company
- 6.9.1 Ford Motor Company Company Information
- 6.9.2 Ford Motor Company Business Overview
- 6.9.3 Ford Motor Company Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Ford Motor Company Military Vehicles Equipment Product Portfolio
- 6.9.5 Ford Motor Company Recent Developments
- 6.10 Daimler AG (Mercedes Benz)
- 6.10.1 Daimler AG (Mercedes Benz) Company Information
- 6.10.2 Daimler AG (Mercedes Benz) Business Overview
- 6.10.3 Daimler AG (Mercedes Benz) Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Daimler AG (Mercedes Benz) Military Vehicles Equipment Product Portfolio
- 6.10.5 Daimler AG (Mercedes Benz) Recent Developments
- 6.11 BAE Systems
- 6.11.1 BAE Systems Company Information
- 6.11.2 BAE Systems Business Overview
- 6.11.3 BAE Systems Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 BAE Systems Military Vehicles Equipment Product Portfolio
- 6.11.5 BAE Systems Recent Developments
- 6.12 Navistar, Inc.
- 6.12.1 Navistar, Inc. Company Information
- 6.12.2 Navistar, Inc. Business Overview
- 6.12.3 Navistar, Inc. Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Navistar, Inc. Military Vehicles Equipment Product Portfolio
- 6.12.5 Navistar, Inc. Recent Developments
- 6.13 Oshkosh Defense
- 6.13.1 Oshkosh Defense Company Information
- 6.13.2 Oshkosh Defense Business Overview
- 6.13.3 Oshkosh Defense Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Oshkosh Defense Military Vehicles Equipment Product Portfolio
- 6.13.5 Oshkosh Defense Recent Developments
- 6.14 Rheinmetall AG
- 6.14.1 Rheinmetall AG Company Information
- 6.14.2 Rheinmetall AG Business Overview
- 6.14.3 Rheinmetall AG Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Rheinmetall AG Military Vehicles Equipment Product Portfolio
- 6.14.5 Rheinmetall AG Recent Developments
- 6.15 STAT, Inc.
- 6.15.1 STAT, Inc. Company Information
- 6.15.2 STAT, Inc. Business Overview
- 6.15.3 STAT, Inc. Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 STAT, Inc. Military Vehicles Equipment Product Portfolio
- 6.15.5 STAT, Inc. Recent Developments
- 6.16 Textron
- 6.16.1 Textron Company Information
- 6.16.2 Textron Business Overview
- 6.16.3 Textron Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Textron Military Vehicles Equipment Product Portfolio
- 6.16.5 Textron Recent Developments
- 6.17 Thales Group
- 6.17.1 Thales Group Company Information
- 6.17.2 Thales Group Business Overview
- 6.17.3 Thales Group Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Thales Group Military Vehicles Equipment Product Portfolio
- 6.17.5 Thales Group Recent Developments
- 6.18 General Dynamics Corporation
- 6.18.1 General Dynamics Corporation Company Information
- 6.18.2 General Dynamics Corporation Business Overview
- 6.18.3 General Dynamics Corporation Military Vehicles Equipment Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 General Dynamics Corporation Military Vehicles Equipment Product Portfolio
- 6.18.5 General Dynamics Corporation Recent Developments
7 North America by Country
- 7.1 North America Military Vehicles Equipment Sales by Country
- 7.1.1 North America Military Vehicles Equipment Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Military Vehicles Equipment Sales by Country (2021-2026)
- 7.1.3 North America Military Vehicles Equipment Sales Forecast by Country (2027-2032)
- 7.2 North America Military Vehicles Equipment Market Size by Country
- 7.2.1 North America Military Vehicles Equipment Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Military Vehicles Equipment Market Size by Country (2021-2026)
- 7.2.3 North America Military Vehicles Equipment Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Military Vehicles Equipment Sales by Country
- 8.1.1 Europe Military Vehicles Equipment Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Military Vehicles Equipment Sales by Country (2021-2026)
- 8.1.3 Europe Military Vehicles Equipment Sales Forecast by Country (2027-2032)
- 8.2 Europe Military Vehicles Equipment Market Size by Country
- 8.2.1 Europe Military Vehicles Equipment Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Military Vehicles Equipment Market Size by Country (2021-2026)
- 8.2.3 Europe Military Vehicles Equipment Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Military Vehicles Equipment Sales by Country
- 9.1.1 Asia-Pacific Military Vehicles Equipment Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Military Vehicles Equipment Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Military Vehicles Equipment Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Military Vehicles Equipment Market Size by Country
- 9.2.1 Asia-Pacific Military Vehicles Equipment Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Military Vehicles Equipment Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Military Vehicles Equipment Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Military Vehicles Equipment Sales by Country
- 10.1.1 South America Military Vehicles Equipment Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Military Vehicles Equipment Sales by Country (2021-2026)
- 10.1.3 South America Military Vehicles Equipment Sales Forecast by Country (2027-2032)
- 10.2 South America Military Vehicles Equipment Market Size by Country
- 10.2.1 South America Military Vehicles Equipment Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Military Vehicles Equipment Market Size by Country (2021-2026)
- 10.2.3 South America Military Vehicles Equipment Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Military Vehicles Equipment Sales by Country
- 11.1.1 Middle East and Africa Military Vehicles Equipment Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Military Vehicles Equipment Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Military Vehicles Equipment Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Military Vehicles Equipment Market Size by Country
- 11.2.1 Middle East and Africa Military Vehicles Equipment Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Military Vehicles Equipment Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Military Vehicles Equipment Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Military Vehicles Equipment Value Chain Analysis
- 12.1.1 Military Vehicles Equipment Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Military Vehicles Equipment Production Mode & Process
- 12.2 Military Vehicles Equipment Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Military Vehicles Equipment Distributors
- 12.2.3 Military Vehicles Equipment Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst