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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
By conducting quiet operations, electric vehicles might lessen the Army's reliance on liquid fuels, enhance signature management, and provide exportable electricity.
To increase the strength, speed, and stealth of their military gear, nations all over the world are investing heavily in the research and development of electric military vehicles.
Every year, electronic warfare evolves, and many militaries seeking to obtain a tactical advantage over their rivals find that hardware electrification is a must.
The Turkey Military Electric Vehicle market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Turkey's first electric armoured vehicle, the Akrep II (Scorpion), was revealed by leading military manufacturer Otokar. Turkey's first foray into the world of electric, hybrid, and autonomous military vehicles is the Akrep II.The International Defense Industry Fair will feature the Akrep II next week in Istanbul.
The Akrep II features an engine that can handle all the demands of militaries throughout the world while combining the benefits of increased agility and a lower acoustic and thermal signature than classic armoured vehicles.
Buses for public transportation, semi-trailers for the logistics and transportation industries, tracked armoured vehicles, and tactical armoured vehicles are all produced by Otokar, the largest private military business in Turkey and a subsidiary of Koç Group.
It serves as the top provider and exporter of land platforms to the Turkish Armed Forces and is the primary contractor for the "Design and Prototype Development Project" of the ALTAY, the country's main combat tank.
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, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
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, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |