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The autonomous military vehicle market share is expected to increase by USD 457.09 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 11.10%.
This autonomous military vehicle market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers autonomous military vehicle market segmentation by product (semi-autonomous vehicle and fully autonomous vehicle) and geography (North America, APAC, Europe, MEA, and South America). The autonomous military vehicle market report also offers information on several market vendors, including BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Corp., Oshkosh Corp., Polaris Inc., Rheinmetall AG, and RUAG International Holding Ltd. among others.
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The increasing concerns over improvised explosive device (IED) blasts incentivizing government-funded development is notably driving the autonomous military vehicle market growth, although factors such as system reliability and uncertainty in user acceptance of autonomous features may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the autonomous military vehicle industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Autonomous Military Vehicle Market Driver
The increasing concerns over the improvised explosive device (IED) blast incentivizing government-funded development are some of the drivers supporting the autonomous military vehicle market growth. The use of IEDs is highly regulated and necessitates full adherence to international humanitarian law. Although the indiscriminate use of IEDs against civilians or civilian objects is strictly prohibited, their unlawful use, particularly by non-state armed groups and rogue individuals, is rapidly rising. Meanwhile, complementing technologies installed in autonomous vehicles will help ensure that in case an IED is missed by one scan, it is picked up by another. However, the researchers are trying to create an algorithm to make the identification of IEDs and other targets more effective with the help of the data collected by cameras and sensors. At the same time, the DARPA has invested considerably in developing similar technologies. Therefore, organizations coming forward to invest in such developing technologies will drive the market growth during the forecast period.
Key Autonomous Military Vehicle Market Trend
The emerging truck platooning is another factor supporting the autonomous military vehicle market share growth. In vehicle platooning, multiple cars, buses, and trucks travel at an aerodynamically efficient distance and maintain the distance at high speeds. For platooning, the autonomous system installed in vehicles uses ADAS, along with high-end specific platooning algorithms, involving the use of radar, LiDAR, and cameras. Vehicles in the fleet communicate via wireless connectivity and automatically synchronize speed and braking actions, thereby resulting in better fuel efficiency and improved traffic congestion control for all vehicles in the platoon. Truck platooning is a concept devised from connected truck technologies enabled in trucks that are engineered with level 2 automation. Developments in the Cooperative Adaptive Cruise Control (CACC) technology (these stem from level 1 and level 2 automation accomplishments in trucks) have resulted in the emergence of truck platooning.
Key Autonomous Military Vehicle Market Challenge
The factors such as system reliability and uncertainty in user acceptance of autonomous features are hampering the autonomous military vehicle market growth. As the military vehicle market is likely to register a high number of repeated users of autonomous technologies, customers must be assured of the reliability factors associated with such new technology-enabled systems and sub-systems. Though semi-autonomous vehicles use advanced driver assistance systems (ADAS) to prevent accidents and assist the driver, the safety aspect is still unclear. At the same time, the purpose of the autonomous vehicle technology system is defeated if the technology is tuned to generate only high-risk alerts. Therefore, the rapidly growing autonomous military vehicle market may pose challenges for players operating in ADAS and new technologies like semi-automated vehicles.
This autonomous military vehicle market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global autonomous military vehicle market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the autonomous military vehicle market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the autonomous military vehicle market encompasses successful business strategies deployed by the key vendors. The autonomous military vehicle market is fragmented and the vendors are deploying growth strategies such as contract acquisitions, product and aftermarket service quality, reliability, and cost to compete in the market.
BAE Systems Plc - The company offers autonomous military vehicles which provide crucial insights into the capabilities of integrated autonomous technologies on future battlefields.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The autonomous military vehicle market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the autonomous military vehicle market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the aerospace and defense market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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53% of the market's growth will originate from North America during the forecast period. The US is the key market for the autonomous military vehicle market in North America. Market growth in this region will be faster than the growth of the market in other regions.
The reviving economy after the 2008-2009 financial crisis and the robust demand for automobiles in the country will facilitate the autonomous military vehicle market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic led to the imposition of lockdowns in various countries in the region to prevent the spread. The defense industry in North America showed resilience in Q1 2021. It recovered from the economic downturn experienced in Q2 and Q3 2020. Moreover, with the easing of lockdown restrictions and increasing vaccination drives in the first half of 2021, the auto parts and equipment market is expected to drive the sales of autonomous military vehicles in North America, which will fuel the growth of the regional market during the forecast period.
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The autonomous military vehicle market share growth by the semi-autonomous vehicle segment will be significant during the forecast period. A semi-autonomous vehicle is controlled by a human operator from a remote location via an established communication network. All cognitive movements are processed based on the inputs provided by the operator. The vehicle operator analyses the sensory feedback captured from the line-of-sight visual observation or from remote sensory inputs. Thus, such applications may contribute to segment growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the autonomous military vehicle market size and actionable market insights on post COVID-19 impact on each segment.
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Autonomous Military Vehicle Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.10% |
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Market growth 2021-2025 |
$ 457.09 million |
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Market structure |
Fragmented |
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YoY growth (%) |
10.84 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
North America at 53% |
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Key consumer countries |
US, China, India, Russian Federation, and France |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Corp., Oshkosh Corp., Polaris Inc., Rheinmetall AG, and RUAG International Holding Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
***2. Market Landscape
**2.1 Market ecosystem
*Exhibit 01: Parent market
**2.2: Market Characteristics
**2.3 Value chain analysis
*Exhibit 02: Value chain analysis: Aerospace and defense
*2.3.1 Inputs
*2.3.2 Inbound logistics
*2.3.3 Operations
*2.3.4 Marketing and sales
*2.3.5 Aftermarket and service
*2.3.6 Industry innovation
***3. Market Sizing
**3.1 Market definition
*Exhibit 03: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 04: Market segments
**3.3 Market size 2020
**3.4 Market outlook: Forecast for 2020 - 2025
*3.4.1 Estimating growth rates for emerging and high-growth markets
*3.4.2 Estimating growth rates for mature markets
*Exhibit 05: Global - Market size and forecast 2020 - 2025 ($ million)
*Exhibit 06: Global market: Year-over-year growth 2020 - 2025 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 07: Five forces analysis 2020 & 2025
**4.2 Bargaining power of buyers
**4.3 Bargaining power of suppliers
**4.4 Threat of new entrants
**4.5 Threat of substitutes
**4.6 Threat of rivalry
**4.7 Market condition
*Exhibit 08: Market condition - Five forces 2020
***5. Market Segmentation by Product
**5.1 Market segments
*The segments covered in this chapter are:
*Exhibit 09: Product - Market share 2020-2025 (%)
**5.2 Comparison by Product
*Exhibit 10: Comparison by Product
**5.3 Semi-autonomous vehicle - Market size and forecast 2020-2025
*Exhibit 11: Semi-autonomous vehicle - Market size and forecast 2020-2025 ($ million)
*Exhibit 12: Semi-autonomous vehicle - Year-over-year growth 2020-2025 (%)
**5.4 Fully autonomous vehicle - Market size and forecast 2020-2025
*Exhibit 13: Fully autonomous vehicle - Market size and forecast 2020-2025 ($ million)
*Exhibit 14: Fully autonomous vehicle - Year-over-year growth 2020-2025 (%)
**5.5 Market opportunity by Product
*Exhibit 15: Market opportunity by Product
***6. Customer Landscape
*Exhibit 16: Customer landscape
***7. Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 17: Market share by geography 2020-2025 (%)
**7.2 Geographic comparison
*Exhibit 18: Geographic comparison
**7.3 North America - Market size and forecast 2020-2025
*Exhibit 19: North America - Market size and forecast 2020-2025 ($ million)
*Exhibit 20: North America - Year-over-year growth 2020-2025 (%)
**7.4 APAC - Market size and forecast 2020-2025
*Exhibit 21: APAC - Market size and forecast 2020-2025 ($ million)
*Exhibit 22: APAC - Year-over-year growth 2020-2025 (%)
**7.5 Europe - Market size and forecast 2020-2025
*Exhibit 23: Europe - Market size and forecast 2020-2025 ($ million)
*Exhibit 24: Europe - Year-over-year growth 2020-2025 (%)
**7.6 MEA - Market size and forecast 2020-2025
*Exhibit 25: MEA - Market size and forecast 2020-2025 ($ million)
*Exhibit 26: MEA - Year-over-year growth 2020-2025 (%)
**7.7 South America - Market size and forecast 2020-2025
*Exhibit 27: South America - Market size and forecast 2020-2025 ($ million)
*Exhibit 28: South America - Year-over-year growth 2020-2025 (%)
**7.8 Key leading countries
*Exhibit 29: Key leading countries
**7.9 Market opportunity by geography
*Exhibit 30: Market opportunity by geography ($ million)
***8. Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Increasing concerns over improvised explosive device (IED) blasts incentivizing government-funded development
*8.1.2 Preference for retrofitting commercial vehicles with specialized remote driving technology
*8.1.3 Increasing competition in the appliqué robotic kit space
**8.2 Market challenges
*8.2.1 System reliability and uncertainty in user acceptance of autonomous features
*8.2.2 Unpredictable behavior in non-programmed situations
*8.2.3 Cybersecurity concerns
*Exhibit 31: Impact of drivers and challenges
**8.3 Market trends
*8.3.1 Emerging truck platooning
*8.3.2 Development of lithium-metal batteries
*8.3.3 Increasing penetration of AI in defense applications
***9. Vendor Landscape
**9.1 Competitive scenario
**9.2 Vendor landscape
*Exhibit 32: Vendor Landscape
**9.3 Landscape disruption
*Exhibit 33: Landscape disruption
**9.4 Industry risks
*Exhibit 34: Industry risks
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 35: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 36: Market positioning of vendors
**10.3 BAE Systems Plc
*Exhibit 37: BAE Systems Plc - Overview
*Exhibit 38: BAE Systems Plc - Business segments
*Exhibit 39: BAE Systems Plc-Key news
*Exhibit 40: BAE Systems Plc - Key offerings
*Exhibit 41: BAE Systems Plc - Segment focus
**10.4 Elbit Systems Ltd.
*Exhibit 42: Elbit Systems Ltd. - Overview
*Exhibit 43: Elbit Systems Ltd. - Business segments
*Exhibit 44: Elbit Systems Ltd.-Key news
*Exhibit 45: Elbit Systems Ltd. - Key offerings
*Exhibit 46: Elbit Systems Ltd. - Segment focus
**10.5 General Dynamics Corp.
*Exhibit 47: General Dynamics Corp. - Overview
*Exhibit 48: General Dynamics Corp. - Business segments
*Exhibit 49: General Dynamics Corp. - Key offerings
*Exhibit 50: General Dynamics Corp. - Segment focus
**10.6 Kratos Defense and Security Solutions Inc.
*Exhibit 51: Kratos Defense and Security Solutions Inc. - Overview
*Exhibit 52: Kratos Defense and Security Solutions Inc. - Business segments
*Exhibit 53: Kratos Defense and Security Solutions Inc.-Key news
*Exhibit 54: Kratos Defense and Security Solutions Inc. - Key offerings
*Exhibit 55: Kratos Defense and Security Solutions Inc. - Segment focus
**10.7 Lockheed Martin Corp.
*Exhibit 56: Lockheed Martin Corp. - Overview
*Exhibit 57: Lockheed Martin Corp. - Business segments
*Exhibit 58: Lockheed Martin Corp.-Key news
*Exhibit 59: Lockheed Martin Corp. - Key offerings
*Exhibit 60: Lockheed Martin Corp. - Segment focus
**10.8 Northrop Grumman Corp.
*Exhibit 61: Northrop Grumman Corp. - Overview
*Exhibit 62: Northrop Grumman Corp. - Business segments
*Exhibit 63: Northrop Grumman Corp.-Key news
*Exhibit 64: Northrop Grumman Corp. - Key offerings
*Exhibit 65: Northrop Grumman Corp. - Segment focus
**10.9 Oshkosh Corp.
*Exhibit 66: Oshkosh Corp. - Overview
*Exhibit 67: Oshkosh Corp. - Business segments
*Exhibit 68: Oshkosh Corp. - Key offerings
*Exhibit 69: Oshkosh Corp. - Segment focus
**10.10 Polaris Inc.
*Exhibit 70: Polaris Inc. - Overview
*Exhibit 71: Polaris Inc. - Business segments
*Exhibit 72: Polaris Inc.-Key news
*Exhibit 73: Polaris Inc. - Key offerings
*Exhibit 74: Polaris Inc. - Segment focus
**10.11 Rheinmetall AG
*Exhibit 75: Rheinmetall AG - Overview
*Exhibit 76: Rheinmetall AG - Business segments
*Exhibit 77: Rheinmetall AG - Key offerings
*Exhibit 78: Rheinmetall AG - Segment focus
**10.12 RUAG International Holding Ltd.
*Exhibit 79: RUAG International Holding Ltd. - Overview
*Exhibit 80: RUAG International Holding Ltd. - Business segments
*Exhibit 81: RUAG International Holding Ltd. - Key offerings
*Exhibit 82: RUAG International Holding Ltd. - Segment focus
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 ????Notes and caveats
**11.2 Currency conversion rates for US$
*Exhibit 83: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 84: ?Research Methodology
*Exhibit 85: ??Validation techniques employed for market sizing?
*Exhibit 86: ??Information sources
**11.4 List of abbreviations
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