According to the latest report by IMARC Group, titled “Military Power Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global military power solutions market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Military Power Solutions Market Overview:
The global military power solutions market size reached a value of US$ 8.18 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 12.01 Billion by 2027 exhibiting a CAGR of 6.30% during 2022-2027.
Military power solutions are devices used to power isolated outposts, electrical devices, drones or unmanned aerial vehicles, military machinery, and equipment. They include batteries, fuel cells, energy harvesters, generators, and solar power cells that assist standard voltage ranges and enable enhanced power continuity for various operations. Compared to commercial power supplies, these solutions support higher voltages and lower input signals.
Request a PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/military-power-solutions-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Military Power Solutions Market Trends and Drivers:
The market is primarily driven by the growing utilization of durable military power solutions due to the deployment of troops at isolated regions across the globe. In addition, the increasing defense electronics budget to facilitate the military troops and machinery represents another major growth-inducing factor.
Besides this, there has been a rising demand for soundless power solutions to power electronics and drones without revealing the area of the outposts. This, coupled with various initiatives taken by governments of numerous countries to upgrade defense equipment, is positively influencing the market growth. Moreover, key players are investing heavily in research and development (R&D) activities to develop innovative, cost-effective, and high-quality military power products.
Furthermore, the growing need for maintenance-free and reliable hybrid power solutions, the escalating demand for military drones to carry out counterterrorism surveillance and strikes, and the increasing inclination toward miniaturized power sources are some of the other factors creating a positive market outlook across the globe.
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/military-power-solutions-market
Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Global Military Power Solutions Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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.
The report has segmented the market on the basis of region, type, source, wattage and application.
Breakup by Type:
- Portable
- Non-Portable
Breakup by Source:
- Batteries
- Generators
- Others
Market 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
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Read Also: Structural Heart Imaging Market Size, Share, Report 2022-27
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
