Military Battery Market By Battery Type (Lithium Based, Lead Acid Based, Others), By Platform (Air, Ground, Sea), By Voltage (Less than 12 V, 12 to 24 V, More than 24 V), By Application (Communication and Navigation Systems, Fire Control Systems and Ammun

Military Battery Market By Battery Type (Lithium Based, Lead Acid Based, Others), By Platform (Air, Ground, Sea), By Voltage (Less than 12 V, 12 to 24 V, More than 24 V), By Application (Communication and Navigation Systems, Fire Control Systems and Ammunition, Thermal imaging and Surveillance, Propulsion Systems, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Military batteries are utilized to power different military equipment, ships and submarines. Military batteries differ in size & performance from the battery which is used in commercial sectors as these batteries are specifically designed to meet extreme military conditions. In military & defense sector, application of these batteries includes ignition systems, propulsion systems, communication systems, ground vehicles, land warfighter systems, air defense missile systems, auxiliary power units, underwater robots, unmanned reconnaissance aircraft, and others. Moreover, military battery also acts as a backup in case of electricity failure situation.

Navies in numerous countries across the globe have started to adopt lithium-ion battery in their new submarines, which in turn is creating the demand for enhanced batteries and contributing in the growth of the market. For instance, in 2019, South Korean Navy announced that they will use lithium-ion batteries in its newest submarines to double the operational hours. In similar manner, Japan launched a submarine with a new kind of battery which enables submarine to sail further while underwater.

In South East Asia, emerging economies such as India, China, and other countries are consistently investing huge amount of money in their defense sector to enhance their surveillance capabilities at air, land and water borders. In addition, these emerging countries are also focusing on procuring advanced weapon systems, unmanned aerial vehicles, and ground vehicles for monitoring and inspection of air, land and water borders in their region. Owing to this, several countries are awarding contract to companies to manufacture and deliver enhanced batteries for their defense vehicles, weapons systems, and UAVs. For instance, in 2022, the U.S. Defense Innovation Unit (DIU) awarded a contract to General Defense, a General Motors subsidiary, to develop and deliver a battery electric technology. Under the contract, GM Defense will utilize its most advanced battery technology, Ultium Platform, which can be installed on tactical military vehicles. Such initiatives for procuring weapon systems, and vehicles along with their battery systems implies that there will be a growing demand for military batteries from emerging economies in near future, which in turn is expected to provide remarkable opportunities for the market players during the forecast period.

The military battery market is segmented based on battery type, platform, voltage, application, and region. By battery type, it is fragmented into lithium based, lead acid based, and others. By platform, it is categorized into air, ground, and sea. By voltage, it is fragmented into less than 12V, 12 to 24V, and more than 24V. By application, it is classified into communication & navigation systems, fire control systems & ammunition, thermal imaging & surveillance, propulsion systems, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some leading companies profiled in the report include Bren-Tronics, Inc., Cell-Con, Inc., Denchi Group Limited, EaglePicher Technologies, LLC, Eco-bat Technologies Limited, Enersys, Exide Technologies, LLC, Lincad Limited, Saft, and Ultralife Corporation.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the military battery market analysis from 2021 to 2031 to identify the prevailing military battery market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the military battery market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global military battery market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Battery Type

Lithium Based
Lead Acid Based
Others

By Platform

Air
Ground
Sea

By Voltage

Less than 12 V
12 to 24 V
More than 24 V

By Application

Communication and Navigation Systems
Fire Control Systems and Ammunition
Thermal imaging and Surveillance
Propulsion Systems
Others

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

Cell-Con, Inc.
EaglePicher Technologies, LLC
Ecobat Technologies Limited
ENERSYS
Exide Technologies, LLC
Lincad Limited
Ultralife Corporation
Bren-Tronics, Inc.
Denchi Group Limited
Saft

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