Industry Statistics and Rankings
How does this industry perform in Slovakia compared to Europe?
Country Benchmarking
Industry Data Slovakia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#13 In EuropeBusiness
#6 In EuropeEmployees
#7 In EuropeWages
#13 In EuropeThe Military Fighting Vehicle Manufacturing in Slovakia ranks 13rd in Europe with regards to its 2024 revenue (€40.7m). Revenue received by operators in Slovakia has been low in volatility over the past five-year period, with the average annual change in revenue (3.3 %) most comparable to...
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 Slovakia in 2024?
The market size of the Military Fighting Vehicle Manufacturing industry in Slovakia is €40.7m in 2024.
How many businesses are there in the Military Fighting Vehicle Manufacturing in Slovakia industry in 2024?
There are 3 businesses in the Military Fighting Vehicle Manufacturing industry in Slovakia, which has declined at a CAGR of 5.6 % between 2019 and 2024.
Has the Military Fighting Vehicle Manufacturing industry in Slovakia grown or declined over the past 5 years?
The market size of the Military Fighting Vehicle Manufacturing industry in Slovakia has been declining at a CAGR of 3.3 % between 2019 and 2024.
What is the forecast growth of the Military Fighting Vehicle Manufacturing industry in Slovakia over the next 5 years?
Over the next five years, the Military Fighting Vehicle Manufacturing industry in Slovakia is expected to grow.
How competitive is the Military Fighting Vehicle Manufacturing industry in Slovakia?
The level of competition is moderate and steady in the Military Fighting Vehicle Manufacturing industry in Slovakia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Motor Vehicle Manufacturing in Slovakia
- Aircraft, Engine & Parts Manufacturing in Slovakia
Complementors
- Motor Vehicle Parts & Accessories Manufacturing in Slovakia
- Shipbuilding in Slovakia
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
304 - Manufacture of military fighting vehicles in Slovakia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- 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 Slovakia
- Employees in the Military Fighting Vehicle Manufacturing in Slovakia
- Business in the Military Fighting Vehicle Manufacturing in Slovakia
- Profit in the Military Fighting Vehicle Manufacturing in Slovakia
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.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Military Fighting Vehicle Manufacturing in Slovakia 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.
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 Slovakia 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?
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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.
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