The global MBT space was valued at USD 8.62 billion in 2024 and is projected to reach USD 10.91 billion by 2027, expanding at a CAGR of 8.2%. Industry growth is driven by fleet modernization, increased defense spending, and the integration of AI-enabled systems, active protection suites, and hybrid propulsion technologies.

The MBT space represents one of the most technologically dynamic segments of the global defense industry. As modern warfare continues to evolve toward hybrid and urbanized conflict environments, militaries are prioritizing MBTs that combine enhanced survivability, mobility, and firepower with integrated digital command systems.

• How are evolving warfare scenarios, hybrid conflicts, and urban warfare increasing the demand for agile, network-enabled MBTs?
• What steps can your team take to capitalize on growth prospects in technological integration, AI-assisted targeting, unmanned turrets, and advanced protection systems?
• Which growth opportunities are influenced by rising defense budgets, increased military expenditure, joint development programs, and multinational collaborations?