Military Ground Vehicle Propulsion System Market Trends, Industry Growth, Segments, Landscape and Demand by Forecast to 2030


Posted May 12, 2021 by bisrsrch

However, limited range and long charging time required by electric, hybrid-electric or plug-in hybrid electric vehicles are some of the factors that are restraining the market growth.

 
The growth of the military ground vehicle propulsion system market is majorly due to the increase in demand by various governments to acquire new/upgraded military ground vehicles having advanced propulsion systems which may open a new era of warfare equipment with less fuel consumption, improved mobility of the vehicle, and significant on-board electricity supply. For instance, on October 2018, QinetiQ received two contracts by the Office of Naval Research (government agency) for the development of long travel suspension systems and electric hub drive propulsion system to be used in armored reconnaissance vehicles. This development will be accomplished by QinetiQ under the DARPA Ground X Vehicle Technologies (GXV-T) programme.

Read Report Overview at: https://bisresearch.com/industry-report/military-ground-vehicle-propulsion-system-market.html

Also, increasing conflicts, political instability, and terrorism activities, coupled with increasing border instability force countries to strengthen their military ground vehicle capabilities. Therefore, the defense forces of various countries including the U.S., India, China, the U.K., Poland, and others are increasing their budget for procuring military ground vehicle with advanced engines for their military personnel. On October 2019, BAE Systems, Inc. debuted Robotic Technology Demonstrator (RTD) unmanned ground vehicle which features autonomous mobility with hybrid electric drive for fuel efficiency to support situational awareness and reconnaissance.

Civilian manufacturers and automotive engineers from defense organizations are discovering innovative engine designs to provide additional benefits to militaries in range, reliability, and fuel consumption which is expected to propel the market growth. Additionally, the growing awareness of proposed engines in the emerging economies such as China, India, South Korea, Turkey, Egypt, Iran, and Brazil also drive the growth of military ground vehicle propulsion system market in the upcoming years.

Combat systems consist of high-power emitters, sensitive sensors, and complex weapon systems. The unmanned ground vehicle system integrates relevant information gathered from the defense forces, and civilian agencies. It needs to manage reports, orders, plans, and spread information among the various levels of combat system.

For Sample Report, Click here: https://bisresearch.com/requestsample?id=814&type=download

The growth of the combat support segment is attributed due to use of radar technology embedded on these vehicles to destroy enemy targets. Combat support vehicles have the capacity to carry high payloads and ease the mobility or transition of the vehicle to dismounted operations in complex terrain.

About BIS Research:

BIS Research, a premium market intelligence company, offers in-depth insights and consulting to Fortune 500 companies. We are established and known for tracking the growth of deep technologies across key industry verticals and the subsequent challenges and opportunities associated with deep tech across markets, applications, and products.

With more than 500 clients, over 7000 plus primary interviews, and approximately 200 reports published in a year, BIS Research has set an interesting growth trajectory for itself. We provide market estimations, analysis on emerging high-growth applications, technology analysis, highly segmented granular country-level market data, and other important market parameters that come in handy for our clients during strategic decision-making.

We publish a wide gamut of syndicated market studies across industry verticals. In addition, bespoke market studies are another area where BIS Research excels at, along with consulting services.

Contact:

Bhavya Banga
Email: [email protected]
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://blog.bisresearch.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By BIS RSRCH
Country United States
Categories Business , News , Research
Tags armored fighting vehicles , combat tanks , conventional propulsion system , electric propulsion system , hybrid propulsion system , military ground vehicle propulsion system market , selfpropelled artillery , small ugv robots
Last Updated May 12, 2021