Military Vehicle Electrification Market Size, Share, and Growth Forecast to 2032 | Advancements in Defense Technology and Sustainable Mobility
The global military vehicle electrification market size was valued at USD 3.92 billion in 2023 and is projected to grow from USD 4.91 billion in 2024 to USD 24.69 billion by 2031, exhibiting a CAGR of 25.97% during the forecast period.  The market’s expansion is driven by the defense sector’s increasing emphasis on energy efficiency, reduced operational costs, and...
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