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From 2024–2031, the worldwide market for military batteries is expected to expand from an initial valuation of $1.26B to $2.15B, a compound annual growth rate (CAGR) of 7%.
Many pieces of military electronic equipment, including ships and submarines, rely on military batteries for their power needs. The military and defense industry rely on batteries for a wide variety of applications, such as APUs, ignition systems, propulsion systems, communication systems, underwater robots, UAVs, ground vehicles, systems for land warfighters, missile defense systems, and many more. In comparison to civilian batteries, military batteries offer superior performance in terms of range, endurance, and conductivity. These batteries also serve as a backup in the event that the power goes out, which can happen in an emergency.
There has been a shift away from fossil fuels and toward alternative energy sources due to the growing need for technological advancements in the military. Energy storage systems, such as batteries, have seen increased usage in the defense sector due to growing environmental concerns and volatile crude oil and petrochemical product costs. Industrial and commercial batteries are smaller and less powerful than military batteries.
Assembling mountable systems on the battlefield requires military batteries to ensure proper and uninterrupted operation. In the event that power outages occur, military batteries ensure that communication and other equipment can continue to operate continuously. The Military Battery Market has been seeing expansion due to factors such as the expanding need for portable military equipment, the increasing popularity of unmanned aerial vehicles (UAVs), and the relative cost-effectiveness of batteries compared to fuel prices.
For intelligence, surveillance, and reconnaissance tasks, several nations are embracing military vessels, vehicles, and Unmanned Aerial Vehicles (UAVs). Various combat missions, including strikes on hostile ground targets, are being carried out with new generation UAVs, such as the Israeli-developed Heron and the American-developed Predator. The United States Army has begun a new effort to upgrade its combat vehicles. Optionally Manned Fighting Vehicles, Armored Multi-Purpose Vehicles, Mobile Protected Firepower, Robotic Combat Vehicles, and Decisive Lethality Platforms are all part of the Next Generation Combat Vehicle project. By 2035, the program is expected to have been finished. The military's batteries and wiring are essential for these new projects. For intelligence gathering, surveillance, and battle, countries like the United States and the United Kingdom are purchasing military vehicles and UAVs. The market for military batteries will be driven by the defense forces' increasing usage of ground vehicles and UAVs.
When needed, lithium batteries can deliver very large currents, but they also have a tendency to discharge quickly when short-circuited. The batteries can get too hot because of this. When it comes to overheating, lithium-thionyl chloride and lithium cobalt batteries are at the highest risk of rupturing and exploding in the event of a short circuit. Consequently, there are a few limitations on the air shipment of lithium batteries imposed by the International Air shipment Association (IATA). The postal services of numerous nations, including the United Kingdom, the United States, Japan, etc., have outright forbidden the shipment of lithium batteries via aeroplane.
The area of material science has seen remarkable growth. Recent years have seen an upsurge in the specific energies of batteries. The specific energies of lead-acid (30 Wh/Kg) and lithium-ion (205-220 Wh/kg) batteries are radically different. As a result, batteries with significant energy storage capacity have become smaller, lighter, and more compact. As an example, a lithium-sulfur battery with a specific energy of more than 400 Wh/Kg was created by Sion Power. The energy storage capacity of this battery is double that of a typical lithium-ion battery. In a similar vein, Exellatron's experimental Lithium Thin Film batteries can function across a broad temperature range of -25C to +80C and have a specific energy of approximately 300 to 350 Wh/Kg. In the drone battery market, where factors like particular energy and temperature ranges play a significant role in battery selection, these technological advancements might be quite beneficial.
The demand for effective portable equipment has increased due to the shift in warfare tactics and the growing reliance on mobile technologies in combat. Solar power's limitations as a fuel source have increased interest in energy storage and demand for devices that can run on stored energy as needed. The worldwide defense sector's increasing need for efficient and low-maintenance power storage devices has led to a surge in demand for military batteries.
Mountable soldier systems, which soldiers can carry on the battlefield, have become more common due to technological advancements in the defense sector. Defense forces operating in geographically difficult settings have increased their demand for Military Batteries due to the expanding demand for mobile equipment and the limits in carrying power sources. Military batteries that are compact and easy to transport are in high demand due to the proliferation of electronic gadgets used by soldiers, including as thermal imagers, sensors, and armament systems.
Report Coverage
Global Military Battery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Military Battery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Military Battery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Military Battery market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Military Battery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Military Battery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
EaglePicher Technologies, LLC, Denchi Group Limited, Lincad Limited, Ecobat Technologies Limited, ENERSYS, Cell-Con, Inc., Saft, Ultralife Corporation, Exide Technologies, LLC, Bren-Tronics, Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Military Battery market based on the below-mentioned segments:
Global Military Battery Market, By Type
Rechargeable
Non-rechargeable
Global Military Battery market, By Application
Communication and Navigation Systems
Fire Control Systems and Ammunition
Thermal imaging and Surveillance
Propulsion Systems
Others
Global Military Battery Market, By Voltage
Less than 12 V
12 to 24 V
More than 24 V
Global Military Battery market, Regional Analysis
Many pieces of military electronic equipment, including ships and submarines, rely on military batteries for their power needs. The military and defense industry rely on batteries for a wide variety of applications, such as APUs, ignition systems, propulsion systems, communication systems, underwater robots, UAVs, ground vehicles, systems for land warfighters, missile defense systems, and many more. In comparison to civilian batteries, military batteries offer superior performance in terms of range, endurance, and conductivity. These batteries also serve as a backup in the event that the power goes out, which can happen in an emergency.
There has been a shift away from fossil fuels and toward alternative energy sources due to the growing need for technological advancements in the military. Energy storage systems, such as batteries, have seen increased usage in the defense sector due to growing environmental concerns and volatile crude oil and petrochemical product costs. Industrial and commercial batteries are smaller and less powerful than military batteries.
Assembling mountable systems on the battlefield requires military batteries to ensure proper and uninterrupted operation. In the event that power outages occur, military batteries ensure that communication and other equipment can continue to operate continuously. The Military Battery Market has been seeing expansion due to factors such as the expanding need for portable military equipment, the increasing popularity of unmanned aerial vehicles (UAVs), and the relative cost-effectiveness of batteries compared to fuel prices.
For intelligence, surveillance, and reconnaissance tasks, several nations are embracing military vessels, vehicles, and Unmanned Aerial Vehicles (UAVs). Various combat missions, including strikes on hostile ground targets, are being carried out with new generation UAVs, such as the Israeli-developed Heron and the American-developed Predator. The United States Army has begun a new effort to upgrade its combat vehicles. Optionally Manned Fighting Vehicles, Armored Multi-Purpose Vehicles, Mobile Protected Firepower, Robotic Combat Vehicles, and Decisive Lethality Platforms are all part of the Next Generation Combat Vehicle project. By 2035, the program is expected to have been finished. The military's batteries and wiring are essential for these new projects. For intelligence gathering, surveillance, and battle, countries like the United States and the United Kingdom are purchasing military vehicles and UAVs. The market for military batteries will be driven by the defense forces' increasing usage of ground vehicles and UAVs.
When needed, lithium batteries can deliver very large currents, but they also have a tendency to discharge quickly when short-circuited. The batteries can get too hot because of this. When it comes to overheating, lithium-thionyl chloride and lithium cobalt batteries are at the highest risk of rupturing and exploding in the event of a short circuit. Consequently, there are a few limitations on the air shipment of lithium batteries imposed by the International Air shipment Association (IATA). The postal services of numerous nations, including the United Kingdom, the United States, Japan, etc., have outright forbidden the shipment of lithium batteries via aeroplane.
The area of material science has seen remarkable growth. Recent years have seen an upsurge in the specific energies of batteries. The specific energies of lead-acid (30 Wh/Kg) and lithium-ion (205-220 Wh/kg) batteries are radically different. As a result, batteries with significant energy storage capacity have become smaller, lighter, and more compact. As an example, a lithium-sulfur battery with a specific energy of more than 400 Wh/Kg was created by Sion Power. The energy storage capacity of this battery is double that of a typical lithium-ion battery. In a similar vein, Exellatron's experimental Lithium Thin Film batteries can function across a broad temperature range of -25C to +80C and have a specific energy of approximately 300 to 350 Wh/Kg. In the drone battery market, where factors like particular energy and temperature ranges play a significant role in battery selection, these technological advancements might be quite beneficial.
The demand for effective portable equipment has increased due to the shift in warfare tactics and the growing reliance on mobile technologies in combat. Solar power's limitations as a fuel source have increased interest in energy storage and demand for devices that can run on stored energy as needed. The worldwide defense sector's increasing need for efficient and low-maintenance power storage devices has led to a surge in demand for military batteries.
Mountable soldier systems, which soldiers can carry on the battlefield, have become more common due to technological advancements in the defense sector. Defense forces operating in geographically difficult settings have increased their demand for Military Batteries due to the expanding demand for mobile equipment and the limits in carrying power sources. Military batteries that are compact and easy to transport are in high demand due to the proliferation of electronic gadgets used by soldiers, including as thermal imagers, sensors, and armament systems.
Report Coverage
Global Military Battery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Military Battery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Military Battery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Military Battery market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | EaglePicher Technologies, LLC, Denchi Group Limited, Lincad Limited, Ecobat Technologies Limited, ENERSYS, Cell-Con, Inc., Saft, Ultralife Corporation, Exide Technologies, LLC, Bren-Tronics, Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Military Battery Market from 2021 to 2031.
- Market Forecast for Military Battery Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Military Battery competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Military Battery
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Military Battery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Military Battery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
EaglePicher Technologies, LLC, Denchi Group Limited, Lincad Limited, Ecobat Technologies Limited, ENERSYS, Cell-Con, Inc., Saft, Ultralife Corporation, Exide Technologies, LLC, Bren-Tronics, Inc.
Primary Target Market
- Market Players of Military Battery
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Military Battery market based on the below-mentioned segments:
Global Military Battery Market, By Type
Rechargeable
Non-rechargeable
Global Military Battery market, By Application
Communication and Navigation Systems
Fire Control Systems and Ammunition
Thermal imaging and Surveillance
Propulsion Systems
Others
Global Military Battery Market, By Voltage
Less than 12 V
12 to 24 V
More than 24 V
Global Military Battery market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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