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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The Light Tactical Vehicle is a multipurpose vehicle that can be transformed from a pickup truck to a flatbed truck, a cargo vehicle, and more. The LTV can readily transport standard-sized plywood, construction and huge supplies, as well as tactical gear or attachments for the required mission, thanks to its flexible flatbed platform.
With the use of Canoo's patented modular connection system and accessories, the flatbed walls may be readily replaced with a variety of additional installations, such as racks, ramps, storage containers, tents, or tactical systems. The LTV can have mission-specific variants at a cheaper total cost investment thanks to the modular upfitting.
The Global Electric Light Tactical Vehicle market accountedfor $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In The new all-electric "silent driving" mode, the "eJLTV," an electric hybrid variant of the Joint Light Tactical Vehicle (JLTV), is said to have a reduced acoustic and thermal profile. Even more, the eJLTV will have a "export power" option that allows users to power other devices.
The U.S. Army has previously expressed interest in all-electric and hybrid-electric vehicles, but the Department of Defense (DOD) has not yet placed any orders for any of the new eJLTVs.
The DOD's anticipated fleet of over 49,000 JLTVs, intended to replace the Humvee, may potentially raise the bar for military electric vehicles if such a capability could be implemented. If its capabilities are as ground-breaking as its creator says, that is.
The necessity for charging stations or other electrical infrastructure, which would be difficult to come by in a battle zone or forward-deployed austere environment, is one of the biggest obstacles to the deployment of electric vehicles.
By retaining the JLTV's current diesel power plant, which is capable of charging the vehicle's lithium-ion battery system while in diesel mode, Oshkosh is aiming to completely get around that obstacle.
According to Oshkosh, the battery of the eJLTV can be fully charged in about 30 minutes using the car's current powertrain. Depending on how the car is operated, Oshkosh believes a full charge will provide 30 minutes of electric operation. Users may also quickly switch between diesel and "silent drive" modes.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |