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The military battery market is forecasted to grow by USD 370.1 million during 2023-2028, accelerating at a CAGR of 3.69% during the forecast period. The report on the military battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 increasing military spending, the growing use of batteries for backup power, and the development of efficient battery technologies.
The military battery market is segmented as below:
By End-user
- OEM
- Aftermarket
By Technology
- Non-rechargeable batteries
- Rechargeable batteries
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the military battery market covers the following areas:
- Military battery market sizing
- Military battery market forecast
- Military battery market industry analysis
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 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global military battery market: Arotech, BAE Systems Plc, Bren-Tronics Inc., BST Systems Inc., BYD Co. Ltd., Cell-Con Inc., Concorde Battery Corp., Denchi Group Ltd., EaglePicher Technologies LLC, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., General Dynamics Corp., GS Yuasa International Ltd., Kokam Co. Ltd., Lincad Ltd., Mathews Associates Inc., Teledyne Technologies Inc., TotalEnergies SE, and Ultralife Corp.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing adoption of military drones."
According to the report, one of the major drivers for this market is the increasing military spending.
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:
- Arotech
- BAE Systems Plc
- Bren-Tronics Inc.
- BST Systems Inc.
- BYD Co. Ltd.
- Cell-Con Inc.
- Concorde Battery Corp.
- Denchi Group Ltd.
- EaglePicher Technologies LLC
- East Penn Manufacturing Co. Inc.
- EnerSys
- Exide Industries Ltd.
- General Dynamics Corp.
- GS Yuasa International Ltd.
- Kokam Co. Ltd.
- Lincad Ltd.
- Mathews Associates Inc.
- Teledyne Technologies Inc.
- TotalEnergies SE
- Ultralife Corp.
