Global Land Platforms Market 2022-2032

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Battle tanks are regarded as one of the essential elements of modern militaries. The maneuver and direct fire roles of many modern armies are filled by the main battle tank. National security worries are causing the nations to strengthen their armed forces by purchasing modern battle tanks and modernizing their current military hardware. With the assistance of infantry, main battle tanks are deployed in armored formations. Battlefield deployment of main battle tanks is assisted by ground and observation aircraft. Main Battle Tanks (MBT) are also known as infantry fighting vehicles because of this.

Description

In modern armies, battle tanks are considered one of the key components. The main battle tank is a tank that fills the maneuver role and direct fire role of many modern armies. National security concerns are driving the nations to boost their military strength by getting advanced battle tanks and upgrading their existing warfare equipment. Main battle tanks are organized into armored units and they operate with the help of infantry. Main battle tanks are deployed on the battlefield and helped by surveillance and ground aircraft. Hence, Main Battle Tanks (MBT) are also called infantry fighting vehicles. APC (Armored Personnel Carrier) also called armored combat vehicles, Infantry mobility vehicle or armored car is an armored vehicle designed to carry equipment and troops to the battlefield. The Weight of the APCs (Armored Personnel Carriers) is less than the main battle tanks and infantry fighting vehicles this makes them be more mobile. Unlike the IFVs (Infantry fighting vehicles), APCs do not take part in the direct-fire battle because they are primarily designed only for transport. Still, they are lightly armed for self-defense and are armored for protection against small arms, artillery fire, and shrapnel. Moreover, certain types of APCs are used by non-military organizations also.

Major Factors Driving Growth of The Market

There is increased use of MBTs in applications such as fighting and patrolling is one of the factors. Another factor is that technological advancement led to newer models with improved features. Due to increased border-related issues, there is a rise in demand in the global land platforms market. Another reason for the demand for battle tanks is the rise in the military budget. Technological advancement has resulted in less costly and lightweight systems, this rises the demand for MBT. Next generation MBT, APC and MARAP programs will all drive the global land platforms market.

 

Trends Influencing the Growth of The Market

Because each vehicle is equipped with a variety of sensors, a network is created that gives each unit a better understanding of the environment around them. Sensors improve situational awareness. In addition to ground units, sensors may also communicate with air assets, which is crucial in congested urban situations where verticality comes into play. In order to warn crews of impending dangers from all sides, more modern sensor technology is integrated with cameras and video surveillance for the vehicle. One example is 360-degree field of vision for cameras around the vehicle. Friendly assets receive the information, enabling coordinated strikes.

Improvements to lethality go beyond sensors and include novel ammunition types including case telescoped ammunition and remote-controlled turret technology, which is increasingly common in modern vehicles.

These technology trends will influence the growth of the global land platforms market.

Market Dynamics

Increasing defense spending will drive the market for new procurement activities. Procurement will also be driven by prevailing geo political conditions in Europe and the Asia Pacific. Cross border aggression will give way to increased procurement of land platforms in Europe and Asia Pacific region. Since land platforms consists of a wide range of vehicles such as MBTs, MARAP, APCs and other lightly armored platform, the increasing demand for these vehicles will drive the demand for land platforms.

Recent Developments

Under the terms of a $40.6 million deal announced on Tuesday, the U.S. Army will get M88 Heavy Equipment Recovery Combat Utility Lift Evacuation System (HERCULES) vehicles and associated vetronics from BAE Systems’ armored combat vehicle specialists. The BAE Systems Platforms & Services division in York, Pennsylvania, has been given the contract to supply the battlefield armored recovery vehicles by representatives of the Army Contracting Command at Detroit Arsenal in Warren, Michigan. The M88A2 HERCULES is the most recent iteration of the M88. Its main function is to free combat vehicles that have been stuck or tangled as well as to repair or replace damaged parts in battle vehicles while they are being fired upon.

A new $58.9 million deal with Lockheed Martin will see the company begin to provide the Army with prototypes of a new brigade-level integrated electronic warfare and intelligence platform. The Terrestrial Layer System-Brigade Combat Team (TLS-BCT), a collection of integrated sensors mounted on a vehicle and intended to provide force protection and situational awareness tools, as well as offensive EW and cyber capabilities to disrupt a targeted enemy’s systems, received the support of the award on July 13. Three TLS-BCT prototypes will be produced by Lockheed Martin, according to an Army spokeswoman. The contract, which was given as a result of another transaction agreement, is valid until October 2023. The Program Executive Office for Intelligence, Electronic Warfare, and Sensors oversees TLS-BCT.

Table of Contents

Market Definition

 

Market Segmentation

 

– By Region

– By Type

– By Armor

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By Type

By Armor