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Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2024-2028

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    Report

  • 176 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5767873
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The military hybrid electric vehicle (HEV) and electric vehicle (EV) market is forecasted to grow by USD 13.46 trillion during 2023-2028, accelerating at a CAGR of 18.47% during the forecast period. The report on the military hybrid electric vehicle (hev) and electric vehicle (EV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by push toward the adoption of green (eco-friendly) vehicles, stringent regulations on emissions and fuel efficiency, and increasing sales of military evs and HEVs.

The military hybrid electric vehicle (HEV) and electric vehicle (EV) market is segmented as below:

By Product

  • Manned military HEV and EV
  • Unmanned military HEV and EV

By Type

  • AC charging
  • DC charging

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the advancements in battery technology in evs and HEVs as one of the prime reasons driving the military hybrid electric vehicle (HEV) and electric vehicle (EV) market growth during the next few years. Also, high-density, high-power, and small-size Li-ion batteries and international alliances on zero-emission vehicles (ZEVs) among different countries will lead to sizable demand in the market.

The report on the military hybrid electric vehicle (HEV) and electric vehicle (EV) market covers the following areas:

  • Military hybrid electric vehicle (HEV) and electric vehicle (EV) market sizing
  • Military hybrid electric vehicle (HEV) and electric vehicle (EV) market forecast
  • Military hybrid electric vehicle (HEV) and electric vehicle (EV) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military hybrid electric vehicle (hev) and electric vehicle (ev) market vendors that include AeroVironment Inc., Alke s.r.l., BAE Systems PLC, Elbit Systems Ltd., Ford Motor Co., General Atomics, General Dynamics Corp., General Motors Co., Honeywell International Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Logos Technologies LLC, Milrem AS, Nikola Corp., Northrop Grumman Corp., Oshkosh Corp., QinetiQ Ltd., Singapore Technologies Engineering Ltd., The Boeing Co., and Zero Motorcycles Inc. Also, the military hybrid electric vehicle (HEV) and electric vehicle (EV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Military Hybrid Electric Vehicle (HEV) And Electric Vehicle (EV) Market 2018 - 2022
Historic Market Size - Data Table on Global Military Hybrid Electric Vehicle (HEV) And Electric Vehicle (EV) Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Manned military HEV and EV - Market size and forecast 2023-2028
Chart on Manned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Data Table on Manned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Chart on Manned military HEV and EV - Year-over-year growth 2023-2028 (%)
Data Table on Manned military HEV and EV - Year-over-year growth 2023-2028 (%)
6.4 Unmanned military HEV and EV - Market size and forecast 2023-2028
Chart on Unmanned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Data Table on Unmanned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Chart on Unmanned military HEV and EV - Year-over-year growth 2023-2028 (%)
Data Table on Unmanned military HEV and EV - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
7.3 AC charging - Market size and forecast 2023-2028
Chart on AC charging - Market size and forecast 2023-2028 ($ billion)
Data Table on AC charging - Market size and forecast 2023-2028 ($ billion)
Chart on AC charging - Year-over-year growth 2023-2028 (%)
Data Table on AC charging - Year-over-year growth 2023-2028 (%)
7.4 DC charging - Market size and forecast 2023-2028
Chart on DC charging - Market size and forecast 2023-2028 ($ billion)
Data Table on DC charging - Market size and forecast 2023-2028 ($ billion)
Chart on DC charging - Year-over-year growth 2023-2028 (%)
Data Table on DC charging - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ billion)
Data Table on India - Market size and forecast 2023-2028 ($ billion)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 AeroVironment Inc.
AeroVironment Inc. - Overview
AeroVironment Inc. - Business segments
AeroVironment Inc. - Key news
AeroVironment Inc. - Key offerings
AeroVironment Inc. - Segment focus
12.4 Alke s.r.l.
Alke s.r.l. - Overview
Alke s.r.l. - Product / Service
Alke s.r.l. - Key offerings
12.5 BAE Systems Plc
BAE Systems Plc - Overview
BAE Systems Plc - Business segments
BAE Systems Plc - Key news
BAE Systems Plc - Key offerings
BAE Systems Plc - Segment focus
12.6 Elbit Systems Ltd.
Elbit Systems Ltd. - Overview
Elbit Systems Ltd. - Product / Service
Elbit Systems Ltd. - Key news
Elbit Systems Ltd. - Key offerings
12.7 Ford Motor Co.
Ford Motor Co. - Overview
Ford Motor Co. - Business segments
Ford Motor Co. - Key news
Ford Motor Co. - Key offerings
Ford Motor Co. - Segment focus
12.8 General Atomics
General Atomics - Overview
General Atomics - Product / Service
General Atomics - Key offerings
12.9 General Dynamics Corp.
General Dynamics Corp. - Overview
General Dynamics Corp. - Business segments
General Dynamics Corp. - Key news
General Dynamics Corp. - Key offerings
General Dynamics Corp. - Segment focus
12.10 General Motors Co.
General Motors Co. - Overview
General Motors Co. - Business segments
General Motors Co. - Key news
General Motors Co. - Key offerings
General Motors Co. - Segment focus
12.11 L3Harris Technologies Inc.
L3Harris Technologies Inc. - Overview
L3Harris Technologies Inc. - Business segments
L3Harris Technologies Inc. - Key news
L3Harris Technologies Inc. - Key offerings
L3Harris Technologies Inc. - Segment focus
12.12 Lockheed Martin Corp.
Lockheed Martin Corp. - Overview
Lockheed Martin Corp. - Business segments
Lockheed Martin Corp. - Key news
Lockheed Martin Corp. - Key offerings
Lockheed Martin Corp. - Segment focus
12.13 Milrem AS
Milrem AS - Overview
Milrem AS - Product / Service
Milrem AS - Key offerings
12.14 Nikola Corp.
Nikola Corp. - Overview
Nikola Corp. - Product / Service
Nikola Corp. - Key news
Nikola Corp. - Key offerings
12.15 Northrop Grumman Corp.
Northrop Grumman Corp. - Overview
Northrop Grumman Corp. - Business segments
Northrop Grumman Corp. - Key news
Northrop Grumman Corp. - Key offerings
Northrop Grumman Corp. - Segment focus
12.16 Singapore Technologies Engineering Ltd.
Singapore Technologies Engineering Ltd. - Overview
Singapore Technologies Engineering Ltd. - Business segments
Singapore Technologies Engineering Ltd. - Key news
Singapore Technologies Engineering Ltd. - Key offerings
Singapore Technologies Engineering Ltd. - Segment focus
12.17 The Boeing Co.
The Boeing Co. - Overview
The Boeing Co. - Business segments
The Boeing Co. - Key news
The Boeing Co. - Key offerings
The Boeing Co. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Military Hybrid Electric Vehicle (HEV) And Electric Vehicle (EV) Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Product - Market share 2023-2028 (%)
Exhibits 33: Data Table on Product - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Product
Exhibits 35: Data Table on Comparison by Product
Exhibits 36: Chart on Manned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Manned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Manned military HEV and EV - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Manned military HEV and EV - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Unmanned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Unmanned military HEV and EV - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Unmanned military HEV and EV - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Unmanned military HEV and EV - Year-over-year growth 2023-2028 (%)
Exhibits 44: Market opportunity by Product ($ billion)
Exhibits 45: Data Table on Market opportunity by Product ($ billion)
Exhibits 46: Chart on Type - Market share 2023-2028 (%)
Exhibits 47: Data Table on Type - Market share 2023-2028 (%)
Exhibits 48: Chart on Comparison by Type
Exhibits 49: Data Table on Comparison by Type
Exhibits 50: Chart on AC charging - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Data Table on AC charging - Market size and forecast 2023-2028 ($ billion)
Exhibits 52: Chart on AC charging - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on AC charging - Year-over-year growth 2023-2028 (%)
Exhibits 54: Chart on DC charging - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Data Table on DC charging - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Chart on DC charging - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on DC charging - Year-over-year growth 2023-2028 (%)
Exhibits 58: Market opportunity by Type ($ billion)
Exhibits 59: Data Table on Market opportunity by Type ($ billion)
Exhibits 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 61: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 62: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 63: Chart on Geographic comparison
Exhibits 64: Data Table on Geographic comparison
Exhibits 65: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 67: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 105: Market opportunity By Geographical Landscape ($ billion)
Exhibits 106: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 107: Impact of drivers and challenges in 2023 and 2028
Exhibits 108: Overview on criticality of inputs and factors of differentiation
Exhibits 109: Overview on factors of disruption
Exhibits 110: Impact of key risks on business
Exhibits 111: Companies covered
Exhibits 112: Matrix on companies position and classification
Exhibits 113: AeroVironment Inc. - Overview
Exhibits 114: AeroVironment Inc. - Business segments
Exhibits 115: AeroVironment Inc. - Key news
Exhibits 116: AeroVironment Inc. - Key offerings
Exhibits 117: AeroVironment Inc. - Segment focus
Exhibits 118: Alke s.r.l. - Overview
Exhibits 119: Alke s.r.l. - Product / Service
Exhibits 120: Alke s.r.l. - Key offerings
Exhibits 121: BAE Systems Plc - Overview
Exhibits 122: BAE Systems Plc - Business segments
Exhibits 123: BAE Systems Plc - Key news
Exhibits 124: BAE Systems Plc - Key offerings
Exhibits 125: BAE Systems Plc - Segment focus
Exhibits 126: Elbit Systems Ltd. - Overview
Exhibits 127: Elbit Systems Ltd. - Product / Service
Exhibits 128: Elbit Systems Ltd. - Key news
Exhibits 129: Elbit Systems Ltd. - Key offerings
Exhibits 130: Ford Motor Co. - Overview
Exhibits 131: Ford Motor Co. - Business segments
Exhibits 132: Ford Motor Co. - Key news
Exhibits 133: Ford Motor Co. - Key offerings
Exhibits 134: Ford Motor Co. - Segment focus
Exhibits 135: General Atomics - Overview
Exhibits 136: General Atomics - Product / Service
Exhibits 137: General Atomics - Key offerings
Exhibits 138: General Dynamics Corp. - Overview
Exhibits 139: General Dynamics Corp. - Business segments
Exhibits 140: General Dynamics Corp. - Key news
Exhibits 141: General Dynamics Corp. - Key offerings
Exhibits 142: General Dynamics Corp. - Segment focus
Exhibits 143: General Motors Co. - Overview
Exhibits 144: General Motors Co. - Business segments
Exhibits 145: General Motors Co. - Key news
Exhibits 146: General Motors Co. - Key offerings
Exhibits 147: General Motors Co. - Segment focus
Exhibits 148: L3Harris Technologies Inc. - Overview
Exhibits 149: L3Harris Technologies Inc. - Business segments
Exhibits 150: L3Harris Technologies Inc. - Key news
Exhibits 151: L3Harris Technologies Inc. - Key offerings
Exhibits 152: L3Harris Technologies Inc. - Segment focus
Exhibits 153: Lockheed Martin Corp. - Overview
Exhibits 154: Lockheed Martin Corp. - Business segments
Exhibits 155: Lockheed Martin Corp. - Key news
Exhibits 156: Lockheed Martin Corp. - Key offerings
Exhibits 157: Lockheed Martin Corp. - Segment focus
Exhibits 158: Milrem AS - Overview
Exhibits 159: Milrem AS - Product / Service
Exhibits 160: Milrem AS - Key offerings
Exhibits 161: Nikola Corp. - Overview
Exhibits 162: Nikola Corp. - Product / Service
Exhibits 163: Nikola Corp. - Key news
Exhibits 164: Nikola Corp. - Key offerings
Exhibits 165: Northrop Grumman Corp. - Overview
Exhibits 166: Northrop Grumman Corp. - Business segments
Exhibits 167: Northrop Grumman Corp. - Key news
Exhibits 168: Northrop Grumman Corp. - Key offerings
Exhibits 169: Northrop Grumman Corp. - Segment focus
Exhibits 170: Singapore Technologies Engineering Ltd. - Overview
Exhibits 171: Singapore Technologies Engineering Ltd. - Business segments
Exhibits 172: Singapore Technologies Engineering Ltd. - Key news
Exhibits 173: Singapore Technologies Engineering Ltd. - Key offerings
Exhibits 174: Singapore Technologies Engineering Ltd. - Segment focus
Exhibits 175: The Boeing Co. - Overview
Exhibits 176: The Boeing Co. - Business segments
Exhibits 177: The Boeing Co. - Key news
Exhibits 178: The Boeing Co. - Key offerings
Exhibits 179: The Boeing Co. - Segment focus
Exhibits 180: Inclusions checklist
Exhibits 181: Exclusions checklist
Exhibits 182: Currency conversion rates for US$
Exhibits 183: Research methodology
Exhibits 184: Information sources
Exhibits 185: Data validation
Exhibits 186: Validation techniques employed for market sizing
Exhibits 187: Data synthesis
Exhibits 188: 360 degree market analysis
Exhibits 189: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global military hybrid electric vehicle (hev) and electric vehicle (EV) market: AeroVironment Inc., Alke s.r.l., BAE Systems PLC, Elbit Systems Ltd., Ford Motor Co., General Atomics, General Dynamics Corp., General Motors Co., Honeywell International Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Logos Technologies LLC, Milrem AS, Nikola Corp., Northrop Grumman Corp., Oshkosh Corp., QinetiQ Ltd., Singapore Technologies Engineering Ltd., The Boeing Co., and Zero Motorcycles Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancements in battery technology in EVs and HEVs."

According to the report, one of the major drivers for this market is the push toward the adoption of green (eco-friendly) vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AeroVironment Inc.
  • Alke s.r.l.
  • BAE Systems Plc
  • Elbit Systems Ltd.
  • Ford Motor Co.
  • General Atomics
  • General Dynamics Corp.
  • General Motors Co.
  • Honeywell International Inc.
  • L3Harris Technologies Inc.
  • Lockheed Martin Corp.
  • Logos Technologies LLC
  • Milrem AS
  • Nikola Corp.
  • Northrop Grumman Corp.
  • Oshkosh Corp.
  • QinetiQ Ltd.
  • Singapore Technologies Engineering Ltd.
  • The Boeing Co.
  • Zero Motorcycles Inc.