The global military ground vehicle MRO market at $5.66bn

In the past decade the demand for military ground vehicle acquisition has been driven by the long overseas deployment of US and European forces. The challenges of counterinsurgency campaigns in Iraq and Afghanistan have both taken a toll on existing vehicle fleets and prompted the development of new platforms better suited to asymmetric warfare. Both of these factors have driven the global market for ground vehicle maintenance, repair and overhaul (MRO) to strong and stable growth, which despite the uncertainty caused by withdrawal of US and allied forces from Afghanistan, is expected to continue. Visiongain has valued the global military ground vehicle MRO market at $5.66bn in 2013.
The growth forecast in the global market is not expected to be uniform, however, as the ending of combat operations is expected to have an inevitably negative effect on the large US national vehicle MRO market. Weak growth in the largest national vehicle MRO market is predicted to be compensated for by strong expansion in several other states, as well as the Rest of the World market.
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