Global Electric Hub Drive and Electric Propulsion System for Combat Vehicle Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Electric Hub Drive and Electric Propulsion System for Combat Vehicle Market is presumed to reach the market size of nearly USD 157.89 Million by 2032 from USD 84.24 Million in 2023 with a CAGR of 7.23% under the study period 2024 - 2032.

Electric hub drive and propulsion systems for combat vehicles are advanced propulsion technologies designed to enhance military vehicles' mobility, agility, and operational capabilities. These systems typically incorporate electric motors integrated directly into the vehicle's wheel hubs or drivetrain, providing direct drive propulsion and precise torque control. Electric hub drive systems offer improved efficiency, reduced maintenance requirements, and enhanced maneuverability on challenging terrain by eliminating the need for traditional mechanical transmissions and drivelines. They may also support hybrid or fully electric powertrain configurations, contributing to reduced fuel consumption, lower emissions, and stealthier operations in combat scenarios.

MARKET DYNAMICS

The increasing focus on enhancing military vehicles' mobility, agility, and survivability is driving market demand for electric hub drives and propulsion systems for combat vehicles. These systems offer advantages such as improved maneuverability, stealth capabilities, and reduced logistical footprint compared to traditional mechanical drivetrains, making them ideal for next-generation combat vehicles. Additionally, advancements in electric motor, battery, and power electronics technologies accelerate innovation in electric propulsion systems, enabling manufacturers to develop more efficient, reliable, and rugged solutions for military applications. Moreover, the growing emphasis on electrification and hybridization of military platforms, driven by the need to reduce fuel consumption, lower maintenance costs, and mitigate logistical risks, propels the market adoption of electric hub drive and propulsion systems in combat vehicles. Furthermore, the increasing investments in defense modernization programs, particularly in regions such as North America, Europe, and Asia-Pacific, are stimulating market opportunities for electric hub drive and electric propulsion systems for combat vehicle suppliers to collaborate with defense contractors and vehicle integrators on next-generation combat vehicle projects.

The threat landscape and evolving battlefield scenarios, including urban warfare, asymmetric warfare, and hybrid threats, propel the need for agile and adaptable combat vehicles equipped with electric propulsion systems for enhanced operational effectiveness and mission flexibility. Moreover, integrating electric propulsion systems with advanced sensor and communication technologies influences market demand for networked and interoperable combat vehicle platforms capable of autonomous and semi-autonomous operations. However, technological limitations, regulatory constraints, and competition from conventional propulsion systems hamper electric hub drive and electric propulsion systems for the combat vehicle Market.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric hub drive and electric propulsion system for combat vehicle. The growth and trends of electric hub drive and electric propulsion system for combat vehicle industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the electric hub drive and electric propulsion system for combat vehicle market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Technology

Electric Hub Drive
Electric Propulsion System

By Vehicle Type

Tracked
Wheel

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Electric Hub Drive and Electric Propulsion System for Combat Vehicle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Electric Hub Drive and Electric Propulsion System for Combat Vehicle market include QinetiQ, L3Harris Technologies, Inc., Safran S.A., BAE Systems, Magnetic Systems Technology Limited, RTX, Rolls-Royce plc., General Electric, Northrop Grumman Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112114073

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Technology
- 3.7.2 Market Attractiveness Analysis By Vehicle Type
- 3.7.3 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE MARKET ANALYSIS BY TECHNOLOGY

5.1 Overview by Technology
5.2 Historical and Forecast Data
5.3 Analysis by Technology
5.4 Electric Hub Drive Historic and Forecast Sales by Regions
5.5 Electric Propulsion System Historic and Forecast Sales by Regions

6 . GLOBAL ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE MARKET ANALYSIS BY VEHICLE TYPE

6.1 Overview by Vehicle Type
6.2 Historical and Forecast Data
6.3 Analysis by Vehicle Type
6.4 Tracked Historic and Forecast Sales by Regions
6.5 Wheel Historic and Forecast Sales by Regions

7 . GLOBAL ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1. Overview, Historic and Forecast Data Sales Analysis
- 7.3.2. North America By Segment Sales Analysis
- 7.3.3. North America By Country Sales Analysis
- 7.3.4. United State Sales Analysis
- 7.3.5. Canada Sales Analysis
- 7.3.6. Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1. Overview, Historic and Forecast Data Sales Analysis
- 7.4.2. Europe by Segment Sales Analysis
- 7.4.3. Europe by Country Sales Analysis
- 7.4.4. United Kingdom Sales Analysis
- 7.4.5. France Sales Analysis
- 7.4.6. Germany Sales Analysis
- 7.4.7. Italy Sales Analysis
- 7.4.8. Russia Sales Analysis
- 7.4.9. Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1. Overview, Historic and Forecast Data Sales Analysis
- 7.5.2. Asia Pacific by Segment Sales Analysis
- 7.5.3. Asia Pacific by Country Sales Analysis
- 7.5.4. China Sales Analysis
- 7.5.5. India Sales Analysis
- 7.5.6. Japan Sales Analysis
- 7.5.7. South Korea Sales Analysis
- 7.5.8. Australia Sales Analysis
- 7.5.9. South East Asia Sales Analysis
- 7.5.10. Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1. Overview, Historic and Forecast Data Sales Analysis
- 7.6.2. Latin America by Segment Sales Analysis
- 7.6.3. Latin America by Country Sales Analysis
- 7.6.4. Brazil Sales Analysis
- 7.6.5. Argentina Sales Analysis
- 7.6.6. Peru Sales Analysis
- 7.6.7. Chile Sales Analysis
- 7.6.8. Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1. Overview, Historic and Forecast Data Sales Analysis
- 7.7.2. Middle East & Africa by Segment Sales Analysis
- 7.7.3. Middle East & Africa by Country Sales Analysis
- 7.7.4. Saudi Arabia Sales Analysis
- 7.7.5. UAE Sales Analysis
- 7.7.6. Israel Sales Analysis
- 7.7.7. South Africa Sales Analysis
- 7.7.8. Rest Of Middle East And Africa Sales Analysis

8 . COMPETITIVE LANDSCAPE OF THE ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE COMPANIES

8.1. Electric Hub Drive And Electric Propulsion System For Combat Vehicle Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9 . COMPANY PROFILES OF ELECTRIC HUB DRIVE AND ELECTRIC PROPULSION SYSTEM FOR COMBAT VEHICLE INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. QinetiQ
- 9.3.1. Company Overview
- 9.3.2. Company Revenue
- 9.3.3. Products
- 9.3.4. Recent Developments
9.4. L3Harris Technologies Inc.
- 9.4.1. Company Overview
- 9.4.2. Company Revenue
- 9.4.3. Products
- 9.4.4. Recent Developments
9.5. Safran S.A.
- 9.5.1. Company Overview
- 9.5.2. Company Revenue
- 9.5.3. Products
- 9.5.4. Recent Developments
9.6. BAE Systems
- 9.6.1. Company Overview
- 9.6.2. Company Revenue
- 9.6.3. Products
- 9.6.4. Recent Developments
9.7. Magnetic Systems Technology Limited
- 9.7.1. Company Overview
- 9.7.2. Company Revenue
- 9.7.3. Products
- 9.7.4. Recent Developments
9.8. RTX
- 9.8.1. Company Overview
- 9.8.2. Company Revenue
- 9.8.3. Products
- 9.8.4. Recent Developments
9.9. Rolls-Royce plc.
- 9.9.1. Company Overview
- 9.9.2. Company Revenue
- 9.9.3. Products
- 9.9.4. Recent Developments
9.10. General Electric
- 9.10.1. Company Overview
- 9.10.2. Company Revenue
- 9.10.3. Products
- 9.10.4. Recent Developments
9.11. Northrop Grumman Corporation
- 9.11.1. Company Overview
- 9.11.2. Company Revenue
- 9.11.3. Products
- 9.11.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies