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Global Alternative Fuel-powered Military Fleet Market 2017-2021

Global Alternative Fuel-powered Military Fleet Market 2017-2021

About Alternative Fuel-powered Military Fleet

Alternative fuel-powered military vehicles are primarily powered by a source of energy other than fossil fuels. These sources of energy may be 100% renewable, electric, or blended. As a whole, they help in the reduction of carbon emissions.

Technavio’s analysts forecast the global alternative fuel-powered military fleet market to grow at a CAGR of 4.46% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global alternative fuel-powered military fleet market for 2017-2021. To calculate the market size, the report considers the new sales.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Alternative Fuel-powered Military Fleet Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boeing
  • Chevron
  • GE Aviation
  • General Motors
Other prominent vendors
  • ARA
  • Dynamic Fuels
  • TerraVia
  • SOUTHERN OIL
Market driver
  • Easy supply of fuel in times of crisis
  • For a full, detailed list, view our report
Market challenge
  • Decline in crude oil prices
  • For a full, detailed list, view our report
Market trend
  • Derivation of biofuel from timber woods
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Alternative Fuel-powered Military Fleet Market 2017-2021

Technavio recognizes the following companies as the key players in the global alternative fuel-powered military fleet market: Boeing, Chevron, GE Aviation, and General Motors.

Other Prominent Vendors in the market are: ARA, Dynamic Fuels, TerraVia, and SOUTHERN OIL.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is derivation of biofuel from timber woods. Since the early 2000s, there has been an increased focus on the use of alternative fuels in place of petroleum-based fuels to reduce the increasing greenhouse gas emissions. There are a number of feedstocks from which biofuels are processed or synthesized such as corn, sugarcane, sugar beet, soya bean oil, and wheat. However, there has been an increase in the production of wood-based cellulosic biofuels.”

According to the report, one of the major drivers for this market is easy supply of fuel in times of crisis. The transport of conventional fuels in a battlefield or under extreme weather or terrain conditions is associated with a number of supply chain complexities. This is mainly because of the unscheduled and spontaneous movement of the armed troops and defense personnel in emergency situations, and the following changes in the maintenance and transportation of the reserved stocks of fuel.

Further, the report states that one of the major factors hindering the growth of this market is decline in crude oil prices. Since June 2014, there has been a weighty decline in the crude oil prices, which has directly impacted the global defense sector, as these conventional fuels were used to power military aircraft, naval vessels, and ground support vehicles. Moreover, post the prospective withdrawal of Britain (Brexit) from the European Union (EU), there has been a substantial dip of over 50% in crude oil prices, to reach approximately $53 per barrel. While the massive decline in crude oil prices poses a major challenge for the oil equipment companies, the defense authorities would witness the benefits, as the standard fuel prices would also decline, which would result in lesser operational costs of the military.



Companies Mentioned

Boeing, Chevron, GE Aviation, General Motors, ARA, Dynamic Fuels, TerraVia, and SOUTHERN OIL.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global alternative fuel-powered military fleet market
    • Market size and forecast
      • Table Global alternative fuel-powered military fleet market ($ billions)
      • Table Comparison between jet fuel, biofuels, and 50/50 blended fuels
    • Innovation landscape
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by platform type
    • Market share by platform type
      • Table Market segmentation by platform type 2016 and 2021
      • Table Market segmentation by platform type 2016-2021 ($ billions)
    • Global alternative fuel-powered aerial fleet market
      • Table Global alternative fuel-powered aerial fleet market ($ billions)
    • Global alternative fuel-powered naval vessels market
      • Table Global alternative fuel-powered naval vessels market ($ billions)
    • Global alternative fuel-powered ground vehicles market
      • Table Global alternative fuel-powered ground vehicles market ($ billions)
  • Geographical segmentation
    • Market share by geography
      • Table Market share by geography 2016 and 2021
      • Table Geographical segmentation by revenue 2016-2021 ($ billions)
    • Alternative fuel-powered military fleet market in the Americas
      • Table Alternative fuel-powered military fleet market in the Americas ($ billions)
    • Alternative fuel-powered military fleet market in EMEA
      • Table Alternative fuel-powered military fleet market in EMEA ($ billions)
    • Alternative fuel-powered military fleet market in APAC
      • Table Alternative fuel-powered military fleet market in APAC ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices during June 2014-December 2016 ($ per barrel)
  • Market trends
    • Derivation of biofuel from timber woods
    • Fuel harvesting from seawater
    • Implementation of biofuel in military aviation
  • Vendor landscape
    • Competitive scenario
      • Table List of competitors in global alternative-fuel powered military fleet market
      • Table Major competitors: Benchmarking
    • Boeing
      • Table Boeing: Geographical segmentation by revenue 2016
    • Chevron
    • GE Aviation
      • Table GE Aviation: Geographical segmentation by revenue 2016
    • General Motors
      • Table General Motors: Geographical segmentation by revenue 2016
    • Other prominent vendors
      • Table Other prominent vendors in the market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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