Military Battery Market by Type (Non-Propulsion, Non-Rechargeable, Propulsion), Voltage (12–24V, Less Than 12V, More Than 24V), Composition, Power Density, Platform, Installation - Global Forecast 2024-2030

Military Battery Market by Type (Non-Propulsion, Non-Rechargeable, Propulsion), Voltage (12–24V, Less Than 12V, More Than 24V), Composition, Power Density, Platform, Installation - Global Forecast 2024-2030


The Military Battery Market size was estimated at USD 1.53 billion in 2023 and expected to reach USD 1.61 billion in 2024, at a CAGR 5.63% to reach USD 2.25 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Military Battery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Military Battery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Military Battery Market, highlighting leading vendors and their innovative profiles. These include Accutronics Ltd., Arotech Corporation, Bren-Tronics, Inc., BST Systems, Inc., Cell-Con Inc., Concorde Group, Denchi Group Ltd, EaglePicher Technologies, Electric Fuel Battery Corporation, EnerSys, Epsilor-Electric Fuel Ltd., GS Yuasa International Limited, HBL Power Systems Ltd., JFM Engineering, Inc., and Navitas Systems, LLC.

Market Segmentation & Coverage

This research report categorizes the Military Battery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

Non-Propulsion

Non-Rechargeable

Propulsion

Rechargeable
Voltage

12–24V

Less Than 12V

More Than 24V
Composition

Lead-Acid

Nickel-Based

Rotary Lithium-Based

Thermal
Power Density

100–200 Wh/Kg

Less Than 100 Wh/Kg

More Than 200 Wh/Kg
Platform

Airborne

Ground

Marine
Installation

Aftermarket

OEM
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Military Battery Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Military Battery Market?
3. What are the technology trends and regulatory frameworks in the Military Battery Market?
4. What is the market share of the leading vendors in the Military Battery Market?
5. Which modes and strategic moves are suitable for entering the Military Battery Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Military Battery Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Significant growth in military expenditures across the globe
5.1.1.2. Increasing adoption of battery-powered vehicles and aircraft
5.1.1.3. Rising utilization of batteries as power storage in military applications
5.1.2. Restraints
5.1.2.1. Stringent governmental rules and regulations associated with lithium batteries
5.1.3. Opportunities
5.1.3.1. Growing adoption of wearable battery solutions in remote military areas
5.1.3.2. Technological advancements in military battery solutions
5.1.4. Challenges
5.1.4.1. Charging concerns of rechargeable military batteries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Military Battery Market, by Type
6.1. Introduction
6.2. Non-Propulsion
6.3. Non-Rechargeable
6.4. Propulsion
6.5. Rechargeable
7. Military Battery Market, by Voltage
7.1. Introduction
7.2. 12–24V
7.3. Less Than 12V
7.4. More Than 24V
8. Military Battery Market, by Composition
8.1. Introduction
8.2. Lead-Acid
8.3. Nickel-Based
8.4. Rotary Lithium-Based
8.5. Thermal
9. Military Battery Market, by Power Density
9.1. Introduction
9.2. 100–200 Wh/Kg
9.3. Less Than 100 Wh/Kg
9.4. More Than 200 Wh/Kg
10. Military Battery Market, by Platform
10.1. Introduction
10.2. Airborne
10.3. Ground
10.4. Marine
11. Military Battery Market, by Installation
11.1. Introduction
11.2. Aftermarket
11.3. OEM
12. Americas Military Battery Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Military Battery Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Military Battery Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. Accutronics Ltd.
16.1.2. Arotech Corporation
16.1.3. Bren-Tronics, Inc.
16.1.4. BST Systems, Inc.
16.1.5. Cell-Con Inc.
16.1.6. Concorde Group
16.1.7. Denchi Group Ltd
16.1.8. EaglePicher Technologies
16.1.9. Electric Fuel Battery Corporation
16.1.10. EnerSys
16.1.11. Epsilor-Electric Fuel Ltd.
16.1.12. GS Yuasa International Limited
16.1.13. HBL Power Systems Ltd.
16.1.14. JFM Engineering, Inc.
16.1.15. Navitas Systems, LLC
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
FIGURE 1. MILITARY BATTERY MARKET RESEARCH PROCESS
FIGURE 2. MILITARY BATTERY MARKET SIZE, 2023 VS 2030
FIGURE 3. MILITARY BATTERY MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MILITARY BATTERY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MILITARY BATTERY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MILITARY BATTERY MARKET DYNAMICS
FIGURE 7. MILITARY BATTERY MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. MILITARY BATTERY MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MILITARY BATTERY MARKET SIZE, BY VOLTAGE, 2023 VS 2030 (%)
FIGURE 10. MILITARY BATTERY MARKET SIZE, BY VOLTAGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MILITARY BATTERY MARKET SIZE, BY COMPOSITION, 2023 VS 2030 (%)
FIGURE 12. MILITARY BATTERY MARKET SIZE, BY COMPOSITION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. MILITARY BATTERY MARKET SIZE, BY POWER DENSITY, 2023 VS 2030 (%)
FIGURE 14. MILITARY BATTERY MARKET SIZE, BY POWER DENSITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. MILITARY BATTERY MARKET SIZE, BY PLATFORM, 2023 VS 2030 (%)
FIGURE 16. MILITARY BATTERY MARKET SIZE, BY PLATFORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. MILITARY BATTERY MARKET SIZE, BY INSTALLATION, 2023 VS 2030 (%)
FIGURE 18. MILITARY BATTERY MARKET SIZE, BY INSTALLATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AMERICAS MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. AMERICAS MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. UNITED STATES MILITARY BATTERY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 22. UNITED STATES MILITARY BATTERY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ASIA-PACIFIC MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. ASIA-PACIFIC MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. EUROPE, MIDDLE EAST & AFRICA MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. EUROPE, MIDDLE EAST & AFRICA MILITARY BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. MILITARY BATTERY MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 28. MILITARY BATTERY MARKET SHARE, BY KEY PLAYER, 2023

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