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The Military Support Vehicles Market 2012-2022

Global military support vehicles market: $2.8 billion industry forecast in 2012

The value of the global military support vehicles market in 2012 will reach $2.84bn. Military support vehicles may not feature as prominently as traditional armoured vehicles but these are no less important in both military operations and peacetime, as they perform the bulk of transporting personnel and cargo. Military support vehicles remain a key part of defence budgets and a number of nations are looking to replace ageing military support vehicles, many of which were acquired decades ago.

'Military support vehicles may not draw as much attention as armoured vehicles or other defence systems but these are absolutely crucial both to the conduct of military operations and for use in peacetime. Military support vehicles that perform logistics, engineering and other combat support roles will remain an important part of defence spending. With ageing vehicle fleets and the drive to acquire next-generation vehicles, the world's armed forces will look to invest in a wide range of military support vehicles.

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