Global Ground Vehicle Processor Market Overview: 2022-2027

Base Year: 2021

Historical Years: 2017-20

Forecast Years: 2022-2027

The Global Ground Vehicle Processor market is projected to grow at a CAGR of around 6% during the forecast period, 2022-27.  The Global Ground Vehicle Processor Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Ground Vehicle Processor Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Ground Vehicle Processor Market drivers, barriers, Global Ground Vehicle Processor Market Trends, and Key Players in Global Ground Vehicle Processor Market.

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Global Ground Vehicle Processor Market Dynamics: 2022-2027

Market Dynamics

Key Drivers

Growing Demand for Main Battle Tanks

Main Battle Tanks are one of the most powerful land-based artillery, used for several purposes such as surveillance, fighting, etc. These tanks support a broad range of ammunition types & have high-range target engagement with high accuracy levels, thus signifying a key requirement for state-of-the-art processors for main battle tanks.

Countries have been increasingly deploying newer generations of advanced tanks amidst the rising geopolitical tensions. Some countries such as the US, the UK, Russia, and India have awarded contracts for the deployment & up-gradation of main battle tanks. This increase in demand for main battle tanks has also soared the Ground Vehicle Processor market since the historical period. Moreover, the demand from original equipment manufacturers for the production of new tanks has helped in the market growth during the historical period, and their up-gradation is estimated to fuel the growth of the ground vehicle processor market in the forthcoming years. Some of the notable contacts are:

In 2020, the U.S Army awarded a USD4.6 billion contract to General Dynamics to manufacture M1A2 SEPv3 Abrams main battle tanks. The contract is estimated to be completed by the middle of 2028.

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Global Ground Vehicle Processor Market (2022-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Type of Processors

-Single Core

-Multi-Core

By Type of Vehicle

-Tanks

-Armoured Fighting Vehicle (AFV)

-Armoured Personnel Carrier (APC)

-Unmanned Ground Vehicles (UGV)

-Infantry Fighting Vehicle (IFV)

-Others (Mobile Artillery & Rocket Launchers, Protected Patrol and Mine-Resistant Ambush Protected Vehicles (MRPV), etc.)

By End Users

-Military

-Law Enforcement

-Commercial & Others

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Ground Vehicle Processor Market:

Intel Corporation, Advanced Micro Devices, Inc., Intel Corporation, ARM, Qualcomm, Advanced Micro Devices Inc. (AMD), Others,

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