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Military Power Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global military power solutions market 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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Military power solutions are devices used to power military machinery and equipment, ranging from small electronic gadgets to large military vehicles across air, land, and sea. They comprise batteries, fuel cells, energy harvesters, generators, and solar power cells to support higher voltages and lower input signals as compared to commercial power supplies used by military hospitals and air traffic control facilities. They assist specific and standard voltage ranges for power continuity, control and effective operations. In addition, they handle vibration and shock caused by tracked and wheeled military vehicles with the impact of artillery fire.

 

 
 

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Military Power Solutions Market Trends:

Due to the deployment of troops at isolated regions, there is a rise in the demand for durable military power solutions across the globe. This, along with the growing demand for maintenance-free power solutions to reduce operating costs, represents one of the key factors driving the market. Moreover, there is an increase in the demand for portable power solutions for being used at any location. This, coupled with the rising defense budget to facilitate the military troops and machinery, is propelling the growth of the market. In addition, the escalating demand for military drones to carry out counterterrorism strikes and surveillance is positively influencing the market. Besides this, the increasing utilization of soundless power solutions to power electronics and drones without revealing the area of the outposts is offering lucrative growth opportunities to manufacturers. Additionally, governments of several countries are taking initiatives for upgrading defense equipment. This, coupled with extensive investment in research and development (R&D) activities to develop innovative military power products by leading players, is projected to augment the overall sales. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global military power solutions market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, source, wattage and application.

Breakup by Type:

  • Portable
  • Non-Portable
     

Breakup by Source:

  • Batteries
  • Generators
  • Others
     

Breakup by Wattage:

 

 
 

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  • Low Power
  • Medium Power
  • High Power
     

Breakup by Application:

  • Air
  • Land
  • Naval
     

Breakup by Region:

 

 
 

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  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Source, Wattage, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global military power solutions market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global military power solutions market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the wattage?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global military power solutions market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Military Power Solutions Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Portable
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Non-Portable
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Source
    7.1    Batteries
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Generators
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Wattage
    8.1    Low Power
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Medium Power
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    High Power
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Air
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Land
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Naval
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Arotech Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Concorde Battery Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Cummins Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Denchi Group Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    EaglePicher Technologies
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    EnerSys Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Eniquest
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Himoinsa S.L. (Yanmar Co. Ltd.)
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Raytheon Technologies Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Saft (TotalEnergies SE)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    SFC Energy AG
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Military Power Solutions Market: Major Drivers and Challenges
Figure 2: Global: Military Power Solutions Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Military Power Solutions Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Military Power Solutions Market: Breakup by Type (in %), 2021
Figure 5: Global: Military Power Solutions Market: Breakup by Source (in %), 2021
Figure 6: Global: Military Power Solutions Market: Breakup by Wattage (in %), 2021
Figure 7: Global: Military Power Solutions Market: Breakup by Application (in %), 2021
Figure 8: Global: Military Power Solutions Market: Breakup by Region (in %), 2021
Figure 9: Global: Military Power Solutions (Portable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Military Power Solutions (Portable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Military Power Solutions (Non-Portable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Military Power Solutions (Non-Portable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Military Power Solutions (Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Military Power Solutions (Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Military Power Solutions (Generators) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Military Power Solutions (Generators) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Military Power Solutions (Other Sources) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Military Power Solutions (Other Sources) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Military Power Solutions (Low Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Military Power Solutions (Low Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Military Power Solutions (Medium Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Military Power Solutions (Medium Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Military Power Solutions (High Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Military Power Solutions (High Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Military Power Solutions (Air) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Military Power Solutions (Air) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Military Power Solutions (Land) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Military Power Solutions (Land) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Military Power Solutions (Naval) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Military Power Solutions (Naval) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Military Power Solutions Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Military Power Solutions Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Military Power Solutions Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Military Power Solutions Industry: SWOT Analysis
Figure 81: Global: Military Power Solutions Industry: Value Chain Analysis
Figure 82: Global: Military Power Solutions Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Military Power Solutions Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Military Power Solutions Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Military Power Solutions Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Global: Military Power Solutions Market Forecast: Breakup by Wattage (in Million US$), 2022-2027
Table 5: Global: Military Power Solutions Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Military Power Solutions Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Military Power Solutions Market: Competitive Structure
Table 8: Global: Military Power Solutions Market: Key Players


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