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Military Power Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Jun 14, 2023
Length 143 Pages
SKU # IMRC18014986

Description

Military Power Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global military power solutions market size reached US$ 8.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

Military power solutions are devices used to power military machinery and equipment, ranging from small electronic gadgets to large military vehicles across air, land, and sea. They comprise batteries, fuel cells, energy harvesters, generators, and solar power cells to support higher voltages and lower input signals as compared to commercial power supplies used by military hospitals and air traffic control facilities. They assist specific and standard voltage ranges for power continuity, control and effective operations. In addition, they handle vibration and shock caused by tracked and wheeled military vehicles with the impact of artillery fire.

Military Power Solutions Market Trends:
Due to the deployment of troops at isolated regions, there is a rise in the demand for durable military power solutions across the globe. This, along with the growing demand for maintenance-free power solutions to reduce operating costs, represents one of the key factors driving the market. Moreover, there is an increase in the demand for portable power solutions for being used at any location. This, coupled with the rising defense budget to facilitate the military troops and machinery, is propelling the growth of the market. In addition, the escalating demand for military drones to carry out counterterrorism strikes and surveillance is positively influencing the market. Besides this, the increasing utilization of soundless power solutions to power electronics and drones without revealing the area of the outposts is offering lucrative growth opportunities to manufacturers. Additionally, governments of several countries are taking initiatives for upgrading defense equipment. This, coupled with extensive investment in research and development (R&D) activities to develop innovative military power products by leading players, is projected to augment the overall sales.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global military power solutions market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source, wattage and application.

Breakup by Type:

Portable
Non-Portable

Breakup by Source:

Batteries
Generators
Others

Breakup by Wattage:

Low Power
Medium Power
High Power

Breakup by Application:

Air
Land
Naval

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arotech Corporation, Concorde Battery Corporation, Cummins Inc., Denchi Group Ltd., EaglePicher Technologies, EnerSys Inc., Eniquest, Himoinsa S.L. (Yanmar Co. Ltd.), Raytheon Technologies Corporation, Saft (TotalEnergies SE) and SFC Energy AG.

Key Questions Answered in This Report:
How has the global military power solutions market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global military power solutions market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the wattage?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global military power solutions market and who are the key players?
What is the degree of competition in the industry?

Table of Contents

143 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Military Power Solutions Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Portable
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-Portable
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Source
7.1 Batteries
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Generators
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Wattage
8.1 Low Power
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Medium Power
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 High Power
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Air
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Land
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Naval
9.3.1 Market Trends
9.3.2 Market Forecast
10  Market Breakup by Region
10.1 North America
10.1.1 United States
 10.1.1.1 Market Trends
 10.1.1.2 Market Forecast
10.1.2 Canada
 10.1.2.1 Market Trends
 10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
 10.2.1.1 Market Trends
 10.2.1.2 Market Forecast
10.2.2 Japan
 10.2.2.1 Market Trends
 10.2.2.2 Market Forecast
10.2.3 India
 10.2.3.1 Market Trends
 10.2.3.2 Market Forecast
10.2.4 South Korea
 10.2.4.1 Market Trends
 10.2.4.2 Market Forecast
10.2.5 Australia
 10.2.5.1 Market Trends
 10.2.5.2 Market Forecast
10.2.6 Indonesia
 10.2.6.1 Market Trends
 10.2.6.2 Market Forecast
10.2.7 Others
 10.2.7.1 Market Trends
 10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
 10.3.1.1 Market Trends
 10.3.1.2 Market Forecast
10.3.2 France
 10.3.2.1 Market Trends
 10.3.2.2 Market Forecast
10.3.3 United Kingdom
 10.3.3.1 Market Trends
 10.3.3.2 Market Forecast
10.3.4 Italy
 10.3.4.1 Market Trends
 10.3.4.2 Market Forecast
10.3.5 Spain
 10.3.5.1 Market Trends
 10.3.5.2 Market Forecast
10.3.6 Russia
 10.3.6.1 Market Trends
 10.3.6.2 Market Forecast
10.3.7 Others
 10.3.7.1 Market Trends
 10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
 10.4.1.1 Market Trends
 10.4.1.2 Market Forecast
10.4.2 Mexico
 10.4.2.1 Market Trends
 10.4.2.2 Market Forecast
10.4.3 Others
 10.4.3.1 Market Trends
 10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11  SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arotech Corporation
 15.3.1.1 Company Overview
 15.3.1.2 Product Portfolio
15.3.2 Concorde Battery Corporation
 15.3.2.1 Company Overview
 15.3.2.2 Product Portfolio
15.3.3 Cummins Inc.
 15.3.3.1 Company Overview
 15.3.3.2 Product Portfolio
 15.3.3.3 Financials
 15.3.3.4 SWOT Analysis
15.3.4 Denchi Group Ltd.
 15.3.4.1 Company Overview
 15.3.4.2 Product Portfolio
15.3.5 EaglePicher Technologies
 15.3.5.1 Company Overview
 15.3.5.2 Product Portfolio
 15.3.5.3 SWOT Analysis
15.3.6 EnerSys Inc.
 15.3.6.1 Company Overview
 15.3.6.2 Product Portfolio
 15.3.6.3 Financials
 15.3.6.4 SWOT Analysis
15.3.7 Eniquest
 15.3.7.1 Company Overview
 15.3.7.2 Product Portfolio
15.3.8 Himoinsa S.L. (Yanmar Co. Ltd.)
 15.3.8.1 Company Overview
 15.3.8.2 Product Portfolio
15.3.9 Raytheon Technologies Corporation
 15.3.9.1 Company Overview
 15.3.9.2 Product Portfolio
 15.3.9.3 Financials
 15.3.9.4 SWOT Analysis
15.3.10 Saft (TotalEnergies SE)
 15.3.10.1 Company Overview
 15.3.10.2 Product Portfolio
15.3.11 SFC Energy AG
 15.3.11.1 Company Overview
 15.3.11.2 Product Portfolio
 15.3.11.3 Financials
 15.3.11.4 SWOT Analysis

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