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2026-05-07 10:25:25 · Translate ·

Military vehicle market report insights on 10.8% CAGR growth and global defense modernization initiatives

The global defense landscape is undergoing a significant transformation as nations prioritize the modernization of their land forces. According to a comprehensive study by The Insight Partners, the military vehicle market is projected to reach US$ 65.53 billion by 2031 from US$ 32.47 billion in 2024. The market is expected to register a CAGR of 10.8% during...

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