Global Special Purpose Land Vehicles Market

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The Special Purpose Land Vehicles market growth growth is booming, driven by demand for light patrol vehicles, armored recovery vehicles, reconnaissance vehicles, and armored ground mobility systems. This has resulted in a multitude of growth opportunities for innovative companies to capitalize on. Furthermore, increased focus on defense preparedness and military modernization across the globe is projected to drive the adoption of special purpose land vehicles market size during the forecast period. Interestingly, the sectoral scope of these specialized vehicles covers numerous industries such as homeland security, border control, law enforcement, peacekeeping operations, etc. Consequently, manufacturers are developing advanced solutions with better ergonomics, rugged construction and improved maneuverability that can be used in challenging terrains. Additionally, there have been recent advances in autonomous capabilities; all of which bodes well for this burgeoning market.

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Global Special Purpose Land Vehicles Market Forecast & Market Size (In Value/ USD (Million/ Billion))
Global Special Purpose Land Vehicles Market Forecast & Market Size (In Volume/ Units)
Country Wise Special Purpose Land Vehicles Market Forecast & Market Size (In Value/ USD (Million/ Billion))
Country Wise Special Purpose Land Vehicles Market Forecast & Market Size (In Volume/ Units ‘000)

Description

Special Purpose Land Vehicles Market

Frequently Asked Questions of SPLV Market

  • What is the study period of special purpose land vehicles market?
    2022-2032
  • What is the growth rate of special purpose land vehicles market?
    The estimated CAGR is 2.29%
  • Who are the key players in special purpose land vehicles market?
    Some of the key players are BAE systems, Rheinmetall, Thales, Oshkosh and Textron
  • How big is the special purpose land vehicles market?
    The market is estimated to be word $1.65 billion in 2022
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    Special-purpose vehicles are built to function in extreme environments while meeting the armed forces’ mission-specific needs. The armored recovery vehicles (ARV) are meant to retrieve and tow vehicles that have become stuck or immobilized due to enemy action or technical breakdown. They may also do bulldozing operations, change components such as turrets on other vehicles, and fuel vehicles. The winch can draw up to 100,000 kg at a 3 to 1 mechanical advantage.

    The armored repair and recovery vehicle BREM-1 was designed to sustain a fleet of T-72 main battle tanks and variants. It first saw service with the Soviet Army in 1975. According to other sources, production began in 1984. Until 1990, 342 BREM-1 armored recovery vehicles were delivered. There was no specific recovery vehicle for the Russian Army’s T-64 and T-80 series tanks. As a result, the BREM-1 was also utilized to assist these tanks.

    Mitsubishi Heavy Industries manufactures the Type 11 Armored Recovery Vehicle (ARV). It was created specifically to support Type 10 main combat tanks. Production began in 2011. Deliveries began around 2011 or 2012. The Type 11 ARV is built on the chassis of the Type 10 tank. Instead of a gun turret, it has an armored superstructure. It has specialized equipment for recovering and maintaining Type 10 tanks, as well as other military vehicles. It also has the ability to recover and tow outdated Type 74 main battle tanks. The Type 11 ARV is smaller and less capable than another Japanese Type 90 ARV built to assist larger Type 90 main battle tanks.

    The United States military has the most extensive special operations community in the Western world. The US Special Operations Command (USSOCOM) jointly develops, procures, and operates a range of vehicle types that compose the Family of Special Operations Vehicles (FOSOV). The Ground Mobility Vehicle 1.1 (GMV 1.1) is a medium-weight vehicle, as are the Light Tactical All-Terrain Vehicle (LTATV) and the Non-Standard Commercial Vehicle (NSCV) (NSCV). USSOCOM is studying and developing enhanced or new vehicle classes to supplement the fleet in addition to these currently operational types.

    Major factors driving Special Purpose Land Vehicles Market Growth

    There is increasing demand for light patrol vehicles, armored recovery vehicles and reconissance vehicles. There is also significant demand for armored ground mobility systems. This will be one of the key market trend that drives the growth of the market

    Trends influencing the Special Purpose Land Vehicles Market Size

    Advanced armor solutions are created to deal with ever-increasing threat levels. These include ballistic defense, beating 30 mm and higher AP, and countering RPGs with various statistical armor techniques. Plasan also incorporates sensors to monitor the vehicle’s level of protection and offers the Razor enhanced reactive armor (ERA) system, which improves the protection of medium and light armored vehicles. Advanced reactive armors will be one of key market trend that will influence the growth of the market.

    lighter-weight but resilient materials to reduce the weight of the base vehicle and armor while ensuring occupant safety and low observance attributes such as coatings to reduce vehicle visibility to optical and infrared sensors as well as laser targeting systems; hybrid drive to enable silent and low-thermal-signature approach to target increasing day to day on-board power generation capable of feeding advanced weapon systems like lasers, electronic warfare systems and unmanned vehicles.

    Special Purpose Land Vehicle Market Forecast & Dynamics

    Increasing defense spending will drive the market for new procurement activities and upgrades to existing platforms with newer capabilities. The increase in defense spending will encourage procurement of new special purpose vehicles. Procurement will also be driven by prevailing geo political conditions in Europe and the Asia Pacific.

    Special Purpose Land Vehicles Market Analysis for Recent Developments

    As per special purpose land vehicles market analysis, the USSOCOM intends to replace its present heavy armored personnel carriers, which are more than 30 years old, with a next-generation Armored Ground Mobility System (AGMS). Requirements are still being determined, but will likely include: a ten-person transport capacity; C-130 compatibility; and stronger ballistic and blast protection than that of USSOCOM’s present MRAP AGMS. The acquisition program is scheduled to begin in FY2022 or FY2023. According to Logan Kittinger, the DoD may use an OTA (Other Transaction Authority) agreement to contract for prototypes; the OTA is a relatively new instrument that allows the Pentagon to reduce bureaucracy and accelerate contracting for critical equipment and services.

    Under a $128.2 million firm-fixed-cost contract with the US Army, BAE Systems’ land and armaments sector will manufacture M88A2 armored recovery vehicles for Poland. According to a Department of Defense notification published Tuesday, the company was the lone bidder for the firm-fixed-price production contract. The 70-ton platform, also known as the Big Equipment Recovery Combat Utility Lift and Evacuation System, is intended to assist soldiers in towing, winching, and hoisting tanks and other heavy combat vehicles.

    Soldiers of the 3rd Infantry Division’s Sustainment Brigade observed the activation of the 716th Maintenance Platoon on Fort Stewart, Georgia, Dec. 16, 2022. The 716th Maint. Plt. will be part of the brigade’s 87th Division Sustainment Support Battalion and will bring field-level maintenance capacity as part of a comprehensive modernization process across the United States Army’s sole armoured division east of the Mississippi River.

    Key Companies

    General Dynamics

    Iveco

    Lockheed Martin

    Thales Group

    ST Engineering

     

    Special Purpose Land Vehicles Market - Table of Contents

    Special Purpose Land Vehicles Market Report Definition           

     

    Special Purpose Land Vehicles Market Segmentation 

    – By Application

    – By Region

    – By Type

     

    Special Purpose Land Vehicles Market Analysis for next 10 Years

    The 10-year special purpose land vehicles market analysis would give a detailed overview of special purpose land vehicles market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

     

    Market Technologies of Special Purpose Land Vehicles Market

    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 Special Purpose Land Vehicles Market Forecast  

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

     

    Regional Special Purpose Land Vehicles Market Trends & Forecast

    The regional special purpose land vehicles 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. The current market size is estimated based on the normal scenario.

     

    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 of Special Purpose Land Vehicles Market

    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 for Special Purpose Land Vehicles Market

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

     

    Expert Opinions on Special Purpose Land Vehicles Market Report

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

    Conclusions

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    Special Purpose Land Vehicles Market - Countries Covered

    US

    Canada

    Italy

    France

    Germany

    Netherlands

    Belgium

    Spain

    Sweden

    Greece

    Australia

    South Africa

    India

    China

    Russia

    South Korea

    Japan

    Malaysia

    Singapore

    Brazil

    Special Purpose Land Vehicles Market - Regions Coverage

    North America

    South America

    Europe

    Middle East

    Asia

    Special Purpose Land Vehicles Market Segments

    By Application

    By Region

    By Type

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