Military Battery Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Global Military Battery Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Military batteries are the technology for military and aerospace applications that are used for a diversity of critical military applications ranging from communication equipment and night vision goggles to unmanned aerial vehicle (UAV) drones. Some of the basic features of military batteries include high energy density, easy integration into compact and light systems, maintenance free and low self-discharge among others. And applications of military batteries involve military and civil portable radio communications, remote control electronics, and surveillance equipment along with remote sensor devices.

Increasing acceptance of UAVs in civil & defense applications, growing number of aircraft deliveries, and rising implementation of more electric aircraft technology in military aircraft are boosting the growth of the global military battery market. Moreover, growing use of high power density and lightweight military batteries in advanced military systems are also expected to fuel the growth of the market. However, safety and regulations issues involved in the use of lead acid military batteriesmay hinder the growth of the market. Furthermore, ongoing research & development and opportunities among various industries from emerging economies would provide growth in the upcoming years.

The global military battery market is segmented based on the end user, platform, type, energy consumption, application, composition and geography. End user segment can be further segmented into OEM and aftermarket.The platform segment is further divided into aviation, ground, marine, space, munitions segment. Type segment can be bifurcated into rechargeable and non-rechargeable. Furthermore, energy consumption segment includes less than 12 V, 12-24V, and more than 24V. The application segment is further divided into propulsion systems, auxiliary power units (APU), backup power, ignition systems, communication &navigation systems, fire control systems, electro optics &thermal imaging systems, and others.

The global military battery market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, Australia and others. RoW covers South America, Middle East and Africa.

Major companies operating in the global Military Batterymarket areArotech Corporation, Bren-Tronics, Eaglepicher, Enersys, Saft, BST Systems, Inc., Cell-Con, Concorde, Denchi Power, Kokam andLincad among others.

The key takeaways from the report

• The detailed analysis of Global Military Battery Marketwith respect to key segments such as end user, platform, type, energy consumption, application, composition and geography has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including Growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Global Military Battery Markethas been covered in the report
• Profile of the major key players operating in the Global Military Battery Marketwill be provided, with detailed study on their key financials, product & services, new developments and business strategies.

Scope of Military Battery Market

End User Segments

• OEM
• Aftermarket

PlatformSegments

• Aviation
• Land
• Marine
• Space
• Munition

Type Segments

• Rechargeable
• Non-rechargeable

Energy Consumption Segments

• Less than 12 V
• 12 -24 V
• More than 24 V

Application Segments

• Propulsion Systems
• Auxiliary Power Units (APU)
• Backup Power
• Ignition Systems
• Communication & Navigation Systems
• Fire Control Systems
• Electro Optics & Thermal Imaging Systems
• Others

Composition Segments

• Lithium Battery
• Lead Acid Battery
• Nickel Battery
• Thermal Battery
• Others

Geography Segments

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U K
• Russia
• Italy
• Others
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Others
• RoW
• South America
• Middle East
• Africa