Global Infantry Fighting Vehicle Market 2024-2030
  • CHOOSE LICENCE TYPE
Consulting Services
    How will you benefit from our consulting services ?

Global Infantry Fighting Vehicle Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

INFANTRY FIGHTING VEHICLE MARKET

 

KEY FINDINGS

  • The global market has been experiencing a constant boom, pushed by growing protection budgets in numerous nations and the need for modernization of armored vehicle fleets.
  • Advancements in armor safety, weapon structures, communication systems, and situational awareness technology are driving the improvement of subsequent technology IFVs.
  • Research in  IFVs is designed to carry out multiple roles on the battlefield, which include troop delivery, hearth guide, reconnaissance, and command and management, thereby increasing their versatility and operational effectiveness.
  • There is a fashion toward integrating unmanned structures, together with remote weapon stations (RWS) and unmanned aerial motors (UAVs), into IFV structures to enhance situational consciousness and fight abilities.
  • North America, Europe, and Asia-Pacific are key areas driving the demand for IFVs, with great investments in protection modernization programs and geopolitical tensions contributing to the market increase.
  • Manufacturers are increasingly forming collaborations and joint ventures to leverage technological expertise and percentage development fees, enhancing their competitiveness in the global market.
  • There is a growing hobby in the electrification and hybridization of IFV propulsion systems to enhance fuel performance, reduce emissions, and decorate operational variety. Investing in IFV modernization programs to update aging vehicles with superior structures that offer greater mobility, firepower, and survivability.
  • Advances in armor technology, together with composite materials and explosive reactive armor (ERA), enhance survivability against numerous threats, consisting of ballistic and improvised explosive gadgets (IEDs).
  • Integration of advanced weapon systems, such as stabilized cannons, anti-tank guided missiles (ATGMs), and remotely operated weapon stations (ROWS), enhances firepower and operational effectiveness.
  •  Digital structures for situational cognizance, conversation, and battlefield networking decorate command and control skills, enhancing ordinary operational performance.
  • IFVs are essential in urban warfare operations because of their ability to safely transport infantry and provide fire support in difficult urban areas, where conventional vehicles are capable of facing challenges.
  • Advances in weapons materials and design, including composite weapons, automatic weapons, and modular weapon systems, provide survivability against a variety of threats including ballistic missiles, mines, and improvised explosive devices (IEDs).
  • The integration of advanced weapon systems such as artillery fixtures, anti-tank guided missiles (ATGMs), and remote controlled weapons (RWS) provides fire strength and efficiency on armored and sensitive targets.

 

INFANTRY FIGHTING VEHICLE MARKET OVERVIEW

In the infantry-preventing automobile market, the boom is propelled by way of advancements in integrated sensor structures and unmanned abilities. Unmanned or optionally manned IFVs are being advanced to reduce team danger and increase operational flexibility. Furthermore, the deployment of superior armament systems together with stabilized cannons and guided missiles improves lethality and operational effectiveness. 

 

The integration of Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) systems plays a pivotal function enabling seamless conversation and actual-time facts sharing throughout network-centric battle environments. This integration complements situational recognition and facilitates coordinated operations on the battlefield.

 

Moreover, the adoption of electrical and hybrid propulsion structures is gaining momentum because of their environmental advantages and improved operational efficiency. These propulsion technologies no longer guide longer undertaking intervals however also reduce logistical burdens, contributing to more desirable sustainability in defense operations. These trends underscore the industry's dedication to addressing diverse protection and protection wishes globally, whilst additionally adapting to evolving geopolitical landscapes and operational requirement

 

INTRODUCTION TO INFANTRY FIGHTING VEHICLE MARKET

Infantry Fighting Vehicles (IFVs) are armored fight automobiles particularly designed to move infantry troops into battle even offering hearth support in opposition to enemy forces. IFVs combine advanced weapon systems, along with autocannons, anti-tank guided missiles, and gadget weapons, with sophisticated sensors and communique systems for improved battlefield recognition and command-and-manipulate abilities. 

 

These motors play a vital role in modern mechanized conflict with the aid of combining mobility, firepower, and protection to support infantry operations across varied terrain and combat environments.

 

IFVs contain brand-new communication and surveillance technologies, facilitating real-time battlefield cognizance and community-centric operations. Unmanned or optionally manned editions are being developed to lessen crew publicity to adversarial fireplaces and enhance operational flexibility in dynamic combat environments. IFVs are critical belongings for current militaries seeking to preserve superiority on the battlefield with the aid of combining mobility, safety, and firepower in a single versatile platform.

 

INFANTRY FIGHTING VEHICLEMARKET SIZE AND FORECAST

 

Infantry Fighting Vehicle Market Size

 

The Global Infantry Fighting Vehicle Market was valued at $XX billion in 2023 and is projected to reach $XX billion by 2030, with a compound annual growth rate (CAGR) of XX% from 2024 to 2030.

 

INFANTRY FIGHTING VEHICLE MARKET TRENDS

 

Unmanned Systems: 

The development and deployment of unmanned ground automobiles (UGVs) along with manned infantry combat cars are getting increasingly more established. These unmanned systems provide more suitable reconnaissance, surveillance, and logistical guide talents while decreasing human exposure to adverse environments.

 

Next-Generation Armament: 

There is a trend closer to integrating advanced armament structures, along with directed energy guns (DEWs), clever munitions, and networked weapon systems. These technologies beautify lethality, accuracy, and engagement variety against diverse targets on the battlefield.

 

Enhanced Mobility Solutions:

Infantry-preventing cars are incorporating advanced mobility answers including impartial suspension structures, energetic damping technology, and adaptive terrain navigation skills. These improvements improve car maneuverability, experience consolation, and operational effectiveness across various terrains.

 

INFANTRY FIGHTING VEHICLE MARKET NEW PRODUCT LAUNCH

 

Otokar

The Tulpar is a modern infantry combat car designed for versatility and agility on the battlefield. It functions as a modular armor gadget with composite materials and upload-on armor kits to guard against ballistic threats and mine blasts. 

The automobile is ready with a far-off-managed turret housing a 30mm cannon and anti-tank guided missiles for effective engagement of floor and aerial goals. Tulpar integrates superior situational cognizance structures, together with day/night time imaginative and prescient cameras and battlefield management systems, enhancing group coordination and operational effectiveness.

 

Hanwha Defense 

The K21-105 is a sophisticated infantry combating vehicle evolved via Hanwha Defense, featuring superior mobility and firepower skills. 

It carries a 105mm predominant gun, supplying superior firepower against armored threats and fortified positions. The vehicle is designed with a lightweight hull and advanced suspension machine for improved maneuverability across numerous terrains. K21-105 ntegrates superior virtual communication structures and combat control software, facilitating real-time information sharing and command integration with allied forces.

 

FNSS Defense Systems:

The Pars IV is a subsequent-generation 8x8 infantry fighting vehicle designed for multi-mission abilities and operational versatility. It functions as a scalable ballistic safety machine with modular armor answers to conform to different chance degrees.

Pars IV integrates advanced battlefield management structures and digital situational recognition equipment, ensuring effective coordination and selection-making in complicated fight environments

 

INFANTRY FIGHTING VEHICLE MARKET SEGMENTATION

 

By Role-Based Segmentation

  • Fire Support Vehicles
  • Maneuver and Reconnaissance Vehicles
  • Troop Transport Vehicles
  • Engineering and Support Vehicles

By Technology Segmentation

  • Traditional Armament IFVs
  • Advanced Armament IFVs
  • Digitized IFVs
  • Unmanned or Optionally Manned IFVs.

By Armor and Mobility Segmentation

  • Lightweight and Amphibious IFVs
  • Medium Weight IFVs
  • Heavy IFVs
  • Urban Warfare IFVs

ByGeography

  • North America
  • Europe
  • China
  • Asia Ex China
  • ROW

 

INFANTRY FIGHTING VEHICLE MARKET COMPANIES PROFILED  

  1. General Dynamics European Land Systems
  2. Krauss-Maffei Wegmann (KMW)
  3. Rheinmetall Defence
  4. Nexter Systems
  5. BAE Systems
  6. Hanwha Defense
  7. FNSS Defence Systems
  8. ST Engineering
  9. Otokar
  10. Roste

 

INFANTRY FIGHTING VEHICLE MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

  1. What are the primary drivers of growth in the infantry fighting vehicle market?
  2. How do different mission roles impact IFV design?
  3. What are the key technological advancements in weapon systems integrated into infantry fighting vehicles?
  4. How are IFV manufacturers addressing crew ergonomics and comfort in vehicle design?
  5. What role does digitalization and connectivity play in enhancing IFV operational effectiveness?
  6. How are IFVs adapting to operate in diverse terrains and environmental conditions?
  7. What are the challenges associated with reducing the weight of IFVs while maintaining armor protection?
  8. How are unmanned and optionally manned configurations influencing the future of infantry fighting vehicles?
  9. What are the implications of hybrid-electric propulsion systems for IFV mobility and operational range?
  10. How are IFV manufacturers addressing sustainability and environmental impact concerns?
  11. What are the latest developments in sensor and surveillance systems integrated into IFVs?
  12. How do IFVs contribute to combined arms operations and joint military maneuvers?
  13. What are the considerations for integrating directed energy weapons into future IFV designs?
  14. How are advancements in AI and autonomous systems influencing the evolution of IFVs?
  15. What role do international collaborations and joint development programs play in the IFV market?
  16. How are IFVs evolving to counter emerging asymmetric threats and unconventional warfare tactics?
  17. What are the trends in IFV fleet modernization and lifecycle management strategies?
  18. How are IFVs integrating modular systems to adapt to evolving mission requirements?
  19. What are the regional variations in demand and procurement strategies for infantry fighting vehicles?
  20. How are IFVs enhancing interoperability and communication within multinational military alliances?
  21. What role do human-machine interface technologies play in improving IFV crew situational awareness?
  22. How are IFVs incorporating stealth technologies to reduce radar and thermal signatures?
  23. What are the latest advancements in active protection systems (APS) for infantry fighting vehicles?
  24. How are IFV manufacturers addressing cybersecurity concerns in vehicle electronics and communication systems?
  25. What are the future prospects for amphibious and air-transportable infantry fighting vehicles?
Sl.no               TOPIC
1Market Segmentation
2Scope of the report
3Research Methodology
4Executive Summary
5Introduction
6Operational Effectiveness to the fighting market
7Research and development in the infantry system
8Crew Protection to be used in the fighting vehicle
9Terrain Adaptability in the market
10Advance market to be used in the infantry
11Cost breakdown of Product by sub-components and average profit margin
12Disruptive innovation in the Industry
13Technology trends in the Industry
14Consumer trends in the industry
15Recent Production Milestones
16Component Manufacturing in US, EU and China
17Average B-2-B selling price in past 5 years
18Competition from substitute products
19New product development in past 12 months
20Market Size, Dynamics and Forecast by  Armor and Mobility , 2024-2030
21Market Size, Dynamics and Forecast by Role-Based, 2024-2030
22Market Size, Dynamics and Forecast by Technology  , 2024-2030
23Market Size, Dynamics and Forecast by Geography , 2024-2030
24Competitive Landscape
25M&A in past 12 months
26Growth strategy of leading players
27Market share of vendors, 2023
28Company Profiles
29Unmet needs and opportunity for new suppliers
30Conclusion