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Electric Vehicles in Defense - Thematic Intelligence

Publisher GlobalData
Published Nov 22, 2023
Length 72 Pages
SKU # GBDT18378949

Description

Electric Vehicles in Defense - Thematic Intelligence


Summary

The growth of electric vehicles (EV) in the consumer automotive market over the past decade has accelerated interest from the defense sector in the potential benefits and commercial opportunities battery electric vehicles and hybridized vehicle designs could provide. As the pressure for military modernization encounters increasingly pressing environmental sustainability objectives, military and defense industry officials are highlighting the geostrategic benefits of electrification in land vehicle fleets. Government agencies are increasingly collaborating with companies throughout the EV value chain, with investments in areas such as platform design, battery technologies, energy infrastructure, logistical services, and manufacturing capabilities.

Several automotive, energy, and technology firms-including leading EV companies like Tesla-are acceding to the defense market as demand for expertise provides opportunities for expansion into this sector. Meanwhile, specialist defense primes are also expanding their offering relating to vehicle electrification, with hybridization solutions becoming a popular stepping stone for militaries seeking to explore the benefits and challenges of expanding EV adoption.

By the end of 2022, GlobalData’s Global Vehicle Parc Database estimates there were 18.9 million battery electric vehicles on the road globally-equating to a 1.3% total share. Production of battery EVs grew by 70% in 2022 compared with the previous year, reaching 7.78 million units. This growth in manufacturing is impressive considering the general declines in vehicle sales and production due to the impact of COVID-19 and the associated chip shortage.iod.

Key Highlights
  • Studies of emerging technological trends and their broader impact on the defense market.
  • Analysis of the various military EV platforms, programs and projects currently under development, as well as the impact of emerging technologies such as battery technology and alternative fuel solutions on the future outlook of the military EV theme.
Who Should Buy
  • Our thematic research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world, decision makers, and institutional investors.
  • Corporations: Helps CEOs, CTOs, and other senior executives of companies understand this key theme, the competitive environment, and the market opportunities.
  • Investors: Helps fund managers and other major investors focus on investment opportunities in Defense and understand the market around military electric vehicles.
Scope
  • The key defense challenges that forces and defense sector suppliers face are covered.
  • The investment opportunities for armed forces, suppliers, and institutional investors, across the whole military EV value chain are covered.
  • Highlights from the range different military EV related research and development programs currently being undertaken by various military organizations and defense companies.
Reasons to Buy
  • Determine potential investment companies based on trend analysis and market projections.
  • Gaining an understanding of the market challenges and opportunities surrounding the electric vehicles in defense theme.
  • Understanding how spending on military EVs and related segments will fit into the overall market and which spending areas are being prioritized.

Table of Contents

72 Pages
Executive Summary
Players
Technology Briefing
Electric vehicles – an overview
Types of electric vehicles
Energy sources – batteries, fuel cells and generators
Electrified operations – transformative or reductive
Strategic and operational benefits of electric vehicles
Electric vehicles and the defense industry
Trends
Technology trends
Macroeconomic trends
Regulatory trends
Industry Analysis
Market size & growth forecasts
Momentum towards EVs is now established and production will increase rapidly
Tesla to remain key EV producer despite growth from legacy OEMs
Battery Supply Deals
Regional competitive analysis
Impact on defense sector growth and expenditures
Mergers and acquisitions
Patent trends
Hiring trends
Case studies
The European Union & international programs
France
The United Kingdom
The United States
Ukraine
Timeline
Value Chain
Batteries
Battery raw materials
Battery components
Battery cells
Semiconductors
Auto components
Electric drivetrains
Tier-1 auto component suppliers
Assembly
Infrastructure & services
Companies
Consumer EV companies
Defense companies
Sector Scorecards
Defense sector scorecard
Who’s who
Thematic screen
Valuation screen
Risk screen
Glossary
Further Reading
GlobalData reports
Our Thematic Research Methodology
About GlobalData
Contact Us
List of Tables
Table 1: Technology trends
Table 2: Macroeconomic trends
Table 3: Regulatory trends
Table 4: Mergers and acquisitions
Table 5: Consumer EV companies
Table 6: Defense companies
Table 7: Glossary
Table 8: GlobalData reports
List of Figures
Figure 1: Who are the leading players in the military EV theme and where do they sit in the value chain?
Figure 2: EV powertrains as a proportion of all new powertrains 2016–2028
Figure 3: EV production share by largest automotive OEMs, 2022 vs 2028
Figure 4: Battery supply agreements, mapped by OEM
Figure 5: EV production forecast by region (top 14 markets) 2016–2036
Figure 6: Electric vehicle patent trends by volume, 2003 to 2023
Figure 7: EV hiring trends – active job posting by volume, 2020–2023
Figure 8: The electric vehicles in defense story
Figure 9: The electric vehicles value chain
Figure 10: The batteries value chain
Figure 11: The semiconductors value chain
Figure 12: The auto components value chain
Figure 13: The assembly value chain
Figure 14: The infrastructure & services value chain
Figure 15: Who does what in the defense space?
Figure 16: Thematic screen
Figure 17: Valuation screen
Figure 18: Risk screen
Figure 19: Our five-step approach for generating a sector scorecard

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