SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET

INTRODUCTION

The capabilities of tactical and logistics trucks, as well as armoured vehicles, may change as a result of electric vehicles (EVs). Although there are still some technical issues to be worked out before EVs are used in a combat environment, the new technology is already being employed in some barracks. Their incorporation into the Armed Forces is rapidly approaching reality. 

SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET SIZE AND FORECAST

The South Korea Military Electric Vehicle Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET NEW PRODUCT LAUNCH

An army infantry division and South Korea's largest military contractor, Hanwha Defence, have begun testing a six-wheeled, multi-role autonomous ground vehicle that can go more than 100 kilometres on a single charge and carry up to 500 kg of cargo.

A multi-purpose unmanned ground vehicle (M-UGV), a four-wheeled 1.5-ton electric vehicle with a top speed of 30 kilometres per hour on paved highways, was previously displayed by Hanwha Defence.

The I-UGV can perform tasks including reconnaissance, communication relay, logistical delivery, casualty transport, and close combat, just like its smaller brother M-UGV.

An artificial intelligence-based weapon turret system is the RCWS from Hanwha Defence. It has the ability to hear the sound of gunshots and return fire in that direction.

SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET DYNAMICS

Another automaker is expanding its military involvement. This time, Kia has declared intentions to create a new platform for the next military vehicles.

Additionally, the company is currently researching hydrogen fuel-cell technologies that can provide "huge amounts of electricity in battle settings" and developing autonomous technology for the military.

SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET COMPANY PROFILES

• Kia Motors
• Hanwha Defence
• Korea Inc
• SK Innovation
• Ford Motor

THIS SOUTH KOREA MILITARY ELECTRIC VEHICLE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perSouth Korea Military Electric Vehicleright now and how will it change in the next 5-6 years?
2. Average cost to set up aMilitary Electric Vehicle MarketinSouth Korea?
3. How manySouth Korea Military Electric Vehicleare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aSouth Korea Military Electric Vehicleand key vendor selection criteria
6. Where is theSouth Korea Military Electric Vehiclemanufactured? What is the average margin per equipment?
7. Market share ofSouth Korea Military Electric Vehiclemanufacturers and their upcoming products
8. The most important plannedSouth Korea Military Electric Vehiclein next 2 years
9. Details on network of majorSouth Korea Military Electric Vehicleand pricing plans
10. Cost advantage for OEMs who manufactureSouth Korea Military Electric Vehiclein-house
11. 5 key predictions for next 5 years inSouth Korea Military Electric Vehicle Market
12. Average B-2-BSouth Korea Military Electric Vehicle Marketprice in all segments
13. Latest trends inSouth Korea Military Electric Vehicle Market, by every market segment
14. The market size (both volume and value) of the SouthKorea Military Electric Vehicle Marketin 2024-2030 and every year in between?
15. Global production breakup ofSouth Korea Military Electric Vehicle Market, by suppliers and their OEM relationship