Market Overview:
The global land based defense equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced land based defense systems by military and defence organizations across the globe. Additionally, the growing concerns over territorial disputes and cross-border threats are also fueling the demand for land based defense systems in various regions worldwide. The armored vehicles segment is expected to account for a major share of the global land based defense equipment market in 2018, owing to their high usage in militaries and defence organizations across different regions. The missiles segment is projected to grow at a highest CAGR during the forecast period, due its increasing use in modern warfare scenarios for precision strikes against enemy targets from long distances. In terms of application, military accounted for majority share of the global land based defense equipment market in 2017 and is projected to maintain its dominance throughout 2030 as well.
Product Definition:
Land based Defense Equipment is a term used to describe any type of military equipment that is used to defend against ground attacks. This can include things like tanks, artillery, and infantry vehicles. Land based Defense Equipment is important because it allows a country or military to defend itself against ground attacks from enemies.
Armored Vehicles:
Armored vehicles are military vehicles designed to offer protection to its occupants against small arms,ideal for Land Based Defense (LBD) applications.The global armored vehicle market is expected to witness significant growth over the forecast period owing to increasing demand in LBD application coupled with technological advancements such as integration of GPS and other sensors.
Missiles:
The missiles are a part of the land-based defense equipment and are used to destroy the enemy's fortified locations, armored vehicles, and other such targets. Missiles can be either surface-to-surface or air-to-surface missiles or cruise missiles. The global market for Land Based Defense Equipment is expected to witness significant growth over the forecast period owing to increasing security threats from terrorist organizations across the world coupled with modernization programs initiated by various governments across different nations.
Application Insights:
The military application segment led the global land based defense equipment market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing importance of defense equipment, particularly in developed countries has resulted in an increased demand for these systems from the military sector.
The other applications include civil protection and law enforcement agencies among others which use different types of weapons such as tear gas canisters, rubber bullets and non-gun powder weapons for crowd control purposes. These agencies are increasingly acquiring advanced products that are suitable for on-duty situations owing to high safety standards required by these organizations across various regions globally including North America, Europe and Asia Pacific among others.
Regional Analysis:
North America dominated the global land based defense equipment market in 2016 with a revenue share of over 30%. The U.S. is the major contributor to regional growth owing to its well-established military and aerospace industry. Furthermore, growing tensions between India and Pakistan have led China and Russia to enhance their military presence in the Asia Pacific region, thus boosting demand for land based defense equipment across this region as well.
Growth Factors:
- Increasing demand for land-based defense equipment from developing countries owing to rising security concerns
- Proliferation of weapons of mass destruction (WMDs) and ballistic missiles across the world
- Growing investments by governments in modernizing their armed forces
- Rising need for surveillance and reconnaissance systems to counter terrorist threats
- Emergence of new technologies such as unmanned aerial vehicles (UAVs) that offer enhanced capabilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Land based Defense Equipment Market Research Report
By Type
Armored Vehicles, Missiles, Tanks, Guns, Non-Gun Powder Weapons, Other
By Application
Military, Defence, Other
By Companies
BAE Systems, Raytheon, Northrop Grumman Corp, General Dynamics Corp, Lockheed Martin Corporation, Boeing, Raytheon, Giat Industries, Uralvagonzavod, China North Industries Corp, Mitsubishi Heavy Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Land based Defense Equipment Market Report Segments:
The global Land based Defense Equipment market is segmented on the basis of:
Types
Armored Vehicles, Missiles, Tanks, Guns, Non-Gun Powder Weapons, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Defence, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems
- Raytheon
- Northrop Grumman Corp
- General Dynamics Corp
- Lockheed Martin Corporation
- Boeing
- Raytheon
- Giat Industries
- Uralvagonzavod
- China North Industries Corp
- Mitsubishi Heavy Industries
Highlights of The Land based Defense Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Armored Vehicles
- Missiles
- Tanks
- Guns
- Non-Gun Powder Weapons
- Other
- By Application:
- Military
- Defence
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Land based Defense Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Land based defense equipment refers to military hardware that is stationed on or near the ground. This includes everything from tanks and artillery to surveillance drones and missile systems. Land-based defense systems are often more mobile than their air-based counterparts, making them better suited for defending key strategic locations or responding quickly to sudden threats.
Some of the major players in the land based defense equipment market are BAE Systems, Raytheon, Northrop Grumman Corp, General Dynamics Corp, Lockheed Martin Corporation, Boeing, Raytheon, Giat Industries, Uralvagonzavod, China North Industries Corp, Mitsubishi Heavy Industries.
The land based defense equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Land based Defense Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Land based Defense Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Land based Defense Equipment Market - Supply Chain
4.5. Global Land based Defense Equipment Market Forecast
4.5.1. Land based Defense Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Land based Defense Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Land based Defense Equipment Market Absolute $ Opportunity
5. Global Land based Defense Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Land based Defense Equipment Market Size and Volume Forecast by Type
5.3.1. Armored Vehicles
5.3.2. Missiles
5.3.3. Tanks
5.3.4. Guns
5.3.5. Non-Gun Powder Weapons
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Land based Defense Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Land based Defense Equipment Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Defence
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Land based Defense Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Land based Defense Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Land based Defense Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Land based Defense Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Land based Defense Equipment Demand Share Forecast, 2019-2026
9. North America Land based Defense Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Land based Defense Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Land based Defense Equipment Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Defence
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Land based Defense Equipment Market Size and Volume Forecast by Type
9.7.1. Armored Vehicles
9.7.2. Missiles
9.7.3. Tanks
9.7.4. Guns
9.7.5. Non-Gun Powder Weapons
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Land based Defense Equipment Demand Share Forecast, 2019-2026
10. Latin America Land based Defense Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Land based Defense Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Land based Defense Equipment Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Defence
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Land based Defense Equipment Market Size and Volume Forecast by Type
10.7.1. Armored Vehicles
10.7.2. Missiles
10.7.3. Tanks
10.7.4. Guns
10.7.5. Non-Gun Powder Weapons
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Land based Defense Equipment Demand Share Forecast, 2019-2026
11. Europe Land based Defense Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Land based Defense Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Land based Defense Equipment Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Defence
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Land based Defense Equipment Market Size and Volume Forecast by Type
11.7.1. Armored Vehicles
11.7.2. Missiles
11.7.3. Tanks
11.7.4. Guns
11.7.5. Non-Gun Powder Weapons
11.7.6.Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Land based Defense Equipment Demand Share, 2019-2026
12. Asia Pacific Land based Defense Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Land based Defense Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Land based Defense Equipment Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Defence
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Land based Defense Equipment Market Size and Volume Forecast by Type
12.7.1. Armored Vehicles
12.7.2. Missiles
12.7.3. Tanks
12.7.4. Guns
12.7.5. Non-Gun Powder Weapons
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Land based Defense Equipment Demand Share, 2019-2026
13. Middle East & Africa Land based Defense Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Land based Defense Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Land based Defense Equipment Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Defence
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Land based Defense Equipment Market Size and Volume Forecast by Type
13.7.1. Armored Vehicles
13.7.2. Missiles
13.7.3. Tanks
13.7.4. Guns
13.7.5. Non-Gun Powder Weapons
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Land based Defense Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Land based Defense Equipment Market: Market Share Analysis
14.2. Land based Defense Equipment Distributors and Customers
14.3. Land based Defense Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BAE Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Raytheon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Northrop Grumman Corp
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Dynamics Corp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lockheed Martin Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Boeing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Raytheon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Giat Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Uralvagonzavod
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. China North Industries Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mitsubishi Heavy Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
