Military Vehicle Electrification Market: A Path to Innovation and Sustainability
Market Overview and Growth Outlook
The Military Vehicle Electrification Market is rapidly expanding, with an estimated value of USD 4.1 billion in 2023 and a projected reach of USD 20.4 billion by 2030. This impressive growth, at a CAGR of 25.6%, is driven by the convergence of technological advancements, operational efficiency needs, and environmental sustainability. The move towards electrification...