The Military Ground Vehicle Actuators Market size is estimated at USD 280.27 million in 2024, and is expected to reach USD 342.31 million by 2029, growing at a CAGR of 4.08% during the forecast period (2024-2029).
The military ground vehicle actuators market is consolidated with Moog Inc., Nook Industries Inc., Curtiss-Wright Corporation, AMETEK Inc., and Kyntronics, accounting for a majority of the market share. The market is witnessing a heavy demand due to increased investments in land-based autonomous combat vehicle technology. Players are witnessing huge opportunities in the growing demand for robust motion control requirements with higher efficiency and lightweight. The revenue generation of market players depends upon innovations in design and performance, the cost-effectiveness of products, and partnerships with major land-based combat system manufacturers.
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