Global Military Battery Market 2020-2024

Global Military Battery Market 2020-2024

Technavio has been monitoring the military battery market and it is poised to grow by $ 367.84 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on military battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing military spending, growing use of batteries for backup power, and development of efficient battery technologies. In addition, increasing military spending is anticipated to boost the growth of the market as well.

The military battery market analysis includes technology segment and geographic landscapes

Technavio's military battery market is segmented as below:

By Technology

  • Rechargeable batteries
  • Non-rechargeable batteries
By Geographic Landscapes
  • North America
  • APAC
  • Europe
  • MEA
  • South America
This study identifies the increasing adoption of battery recycling as one of the prime reasons driving the military battery market growth during the next few years. Also, advent of wearable devices for military operations and growing adoption of military drones will lead to sizable demand in the market.

"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our military battery market covers the following areas:
  • Military battery market sizing
  • Military battery market forecast
  • Military battery market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military battery market vendors that include Arotech Corp., Bren-Tronics Inc., Denchi Power Ltd., EaglePicher Technologies LLC, EnerSys, GS Yuasa Corp., Kokam Co. Ltd., Teledyne Technologies Inc., Total SA, and Ultralife Corp.. Also, the military battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Battery market
      • Inputs
      • Operations
      • Distribution and logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019-2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019-2024 ($ billion)
        • Table Global military battery market 2019-2024 ($ million), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Technology
    • Market segments
      • Table Technology - Market share 2019-2024 (%)
    • Comparison by Technology
      • Table Comparison by Technology
    • Rechargeable batteries - Market size and forecast 2019-2024
      • Table Rechargeable batteries - Market size and forecast 2019-2024 ($ billion)
      • Table Rechargeable batteries segment global military battery market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Rechargeable batteries - Year-over-year growth 2019-2024 (%)
    • Non-rechargeable batteries - Market size and forecast 2019-2024
      • Table Non-rechargeable batteries - Market size and forecast 2019-2024 ($ billion)
      • Table Non-rechargeable batteries segment global military battery market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Non-rechargeable batteries - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology
  • Customer landscape
    • Overview
      • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Military battery market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Military battery market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Military battery market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Military battery market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Military battery market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing military spending
      • Growing use of batteries for backup power
      • Development of efficient battery technologies
    • Market challenges
      • Necessity for adherence to military standards
      • Performance risk in energy storage
      • Growing competition from fuel cells
        • Table Impact of drivers and challenges
    • Market trends
      • Growing adoption of military drones
      • Advent of wearable devices for military operations
      • Increasing adoption of battery recycling
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arotech Corp.
      • Table Arotech Corp. - Overview
      • Table Arotech Corp. - Product and service
      • Table Arotech Corp. - Key offerings
    • Bren-Tronics Inc.
      • Table Bren-Tronics Inc. - Overview
      • Table Bren-Tronics Inc. - Product and service
      • Table Bren-Tronics Inc. - Key offerings
    • Denchi Power Ltd.
      • Table Denchi Power Ltd. - Overview
      • Table Denchi Power Ltd. - Product and service
      • Table Denchi Power Ltd. - Key offerings
    • EaglePicher Technologies LLC
      • Table EaglePicher Technologies LLC - Overview
      • Table EaglePicher Technologies LLC - Product and service
      • Table EaglePicher Technologies LLC - Key news
      • Table EaglePicher Technologies LLC - Key offerings
    • EnerSys
      • Table EnerSys - Overview
      • Table EnerSys - Business segments
      • Table EnerSys - Key news
      • Table EnerSys - Key offerings
      • Table EnerSys - Segment focus
    • GS Yuasa Corp.
      • Table GS Yuasa Corp. - Overview
      • Table GS Yuasa Corp. - Business segments
      • Table GS Yuasa Corp. - Key news
      • Table GS Yuasa Corp. - Key offerings
      • Table GS Yuasa Corp. - Segment focus
    • Kokam Co. Ltd.
      • Table Kokam Co. Ltd. - Overview
      • Table Kokam Co. Ltd. - Product and service
      • Table Kokam Co. Ltd. - Key offerings
    • Teledyne Technologies Inc.
      • Table Teledyne Technologies Inc. - Overview
      • Table Teledyne Technologies Inc. - Business segments
      • Table Teledyne Technologies Inc. - Key news
      • Table Teledyne Technologies Inc. - Key offerings
      • Table Teledyne Technologies Inc. - Segment focus
    • Total SA
      • Table Total SA - Overview
      • Table Total SA - Business segments
      • Table Total SA - Key news
      • Table Total SA - Key offerings
      • Table Total SA - Segment focus
    • Ultralife Corp.
      • Table Ultralife Corp. - Overview
      • Table Ultralife Corp. - Business segments
      • Table Ultralife Corp. - Key news
      • Table Ultralife Corp. - Key offerings
      • Table Ultralife Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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