Electrification in Defense: Insights into the Military Vehicle Market and Key Trends
The global military vehicle electrification market size was valued at USD 4.86 billion in 2024. It is projected to reach from USD 5.77 billion in 2025 to USD 22.58 billion by 2033, growing at a CAGR of 18.6% during the forecast period (2025-2033).
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