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Military Fighting Vehicle Manufacturing in Croatia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HR-C304 June 2024 Factsheet

Revenue

€31.3m

2019-2024 1.2 %
2024-2029 X.X %

Employees

170

2019-2024 3.1 %
2024-2029 X.X %

Businesses

2

2019-2024 0.0 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Military Fighting Vehicle Manufacturing in Croatia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Croatia compared to Europe?

Country Benchmarking

Industry Data Croatia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#14 In Europe
Business
#7 In Europe
Employees
#9 In Europe
Wages
#14 In Europe

The Military Fighting Vehicle Manufacturing in Croatia ranks 14 in Europe with regards to its 2024 revenue (€31.3m). Revenue received by operators in Croatia has been low in volatility over the past five-year period, with the average annual change in revenue (1.2 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Military Fighting Vehicle Manufacturing industry in Croatia in 2024?

The market size of the Military Fighting Vehicle Manufacturing industry in Croatia is €31.3m in 2024.

How many businesses are there in the Military Fighting Vehicle Manufacturing in Croatia industry in 2024?

There are 2 businesses in the Military Fighting Vehicle Manufacturing industry in Croatia, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Military Fighting Vehicle Manufacturing industry in Croatia grown or declined over the past 5 years?

The market size of the Military Fighting Vehicle Manufacturing industry in Croatia has been growing at a CAGR of 1.2 % between 2019 and 2024.

What is the forecast growth of the Military Fighting Vehicle Manufacturing industry in Croatia over the next 5 years?

Over the next five years, the Military Fighting Vehicle Manufacturing industry in Croatia is expected to grow.

How competitive is the Military Fighting Vehicle Manufacturing industry in Croatia?

The level of competition is moderate and steady in the Military Fighting Vehicle Manufacturing industry in Croatia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Manufacturers in this industry make military fighting vehicles, including tanks, armoured amphibious military vehicles, troop carriers and other military fighting vehicles like armoured personnel carriers. The industry also encompasses the repair and maintenance of military fighting vehicles.

What's included in this industry?

Industry Code

ISIC 2006

304 - Manufacture of military fighting vehicles in Croatia

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Military Fighting Vehicle Manufacturing in Croatia
  • Employees in the Military Fighting Vehicle Manufacturing in Croatia
  • Business in the Military Fighting Vehicle Manufacturing in Croatia
  • Profit in the Military Fighting Vehicle Manufacturing in Croatia

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

European countries often dedicate a fixed proportion of their GDP to spending on military and defence. According to the European Commission, general government expenditure in the EU on defence amounted to 1.3 % of GDP in 2021. However, this share is increasing (>2%) in response to the Russia-Ukraine conflict. Increased GDP in the EU boosts revenue potential for military fighting vehicle producers.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Military Fighting Vehicle Manufacturing in Croatia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Just-in-Time productions leave manufacturers vulnerable to supply chain disruption. Military vehicle production uses Just-in-Time manufacturing, meaning parts scarcity massively disrupts supply chains and elevates production costs.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Military Fighting Vehicle Manufacturing in Croatia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.