Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021

  • ID: 4390850
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • AeroVironment
  • BAE Systems
  • Boeing
  • Ford Motor Company
  • General Dynamics
  • General Motors
  • MORE
About Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV)

Hybrid electric vehicles (HEVs) have a combination of electric and IC power sources, which gives them significantly enhanced performance and mileage compared with heavy-duty, combustion-only, and electric-only vehicles. EVs and HEVs accelerate faster than combustion-only vehicles and can be used as portable generators to power onboard sensors, targeting devices, weapon systems, mobile hospitals, and other command and control (C2) systems.

The analysts forecast the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market to grow at a CAGR of 14.17% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market for 2017-2021. To calculate the market size, the report considers new procurements (based on contracts) and new agreements pertaining to the development (manufacturing) of HEVs and EVs by the defense ministries across the globe.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AeroVironment
  • BAE Systems
  • Ford Motor Company
  • General Motors
  • Lockheed Martin
Other prominent vendors
  • Boeing
  • General Dynamics
  • Logos Technologies
  • Magnet Motor
  • Zero Motorcycles
Market drivers
  • Development of cost-effective vehicles
  • For a full, detailed list, view the full report
Market challenges
  • Limitations in range and power storage capacity of EVs
  • For a full, detailed list, view the full report
Market trends
  • Development and use of advanced lithium-ion power sources
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • AeroVironment
  • BAE Systems
  • Boeing
  • Ford Motor Company
  • General Dynamics
  • General Motors
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global manned military HEV and EV market
  • Global unmanned military HEV and EV market
PART 07: Geographical segmentation
  • Military HEV and EV market in Americas
  • Military HEV and EV market in APAC
  • Military HEV and EV market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Development and use of advanced lithium-ion power sources
  • Investment in next-generation batteries
  • Evolution of advanced hybrid propulsion mechanism
PART 11: Vendor landscape
  • Competitive scenario
PART 12: Key vendor analysis
  • AeroVironment
  • BAE Systems
  • Ford Motor Company
  • General Motors
  • Lockheed Martin
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Outline of EV along with electric propulsion components in EVs
Exhibit 02: Advantages of HEVs and EVs
Exhibit 03: Global military HEV and EV market segmentation
Exhibit 04: Global military HEV and EV market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global military HEV and EV market segmentation by product type 2016 and 2021 (%)
Exhibit 07: Global military HEV and EV market segmentation by product type 2016-2021 ($ billions)
Exhibit 08: Global manned military HEV and EV market 2016-2021 ($ billions)
Exhibit 09: Global unmanned military HEV and EV market 2016-2021 ($ billions)
Exhibit 10: Global military HEV and EV market segmentation by geography 2016 and 2021 (%)
Exhibit 11: Global military HEV and EV market segmentation by geography 2016-2021 ($ billions)
Exhibit 12: Military HEV and EV market in Americas 2016-2021 ($ billions)
Exhibit 13: Military HEV and EV market in APAC 2016-2021 ($ billions)
Exhibit 14: Military HEV and EV market in EMEA 2016-2021 ($ billions)
Exhibit 15: Key competitors in global military HEV and EV market
Exhibit 16: AeroVironment: Business segmentation by revenue 2016 (%)
Exhibit 17: AeroVironment: Key products
Exhibit 18: BAE Systems: Business segmentation by sales 2016 (%)
Exhibit 19: BAE Systems: Key products
Exhibit 20: Ford Motor Company: Business segmentation by revenue 2016 (%)
Exhibit 21: Ford Motor Company: Key products
Exhibit 22: General Motors: Business segmentation by revenue 2016 (%)
Exhibit 23: General Motors: Key product
Exhibit 24: Lockheed Martin: Business segmentation by revenue 2016 (%)
Exhibit 25: Lockheed Martin: Key products
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FEATURED COMPANIES

  • AeroVironment
  • BAE Systems
  • Boeing
  • Ford Motor Company
  • General Dynamics
  • General Motors
  • MORE
New Report Released: - Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market: AeroVironment, BAE Systems, Ford Motor Company, General Motors, and Lockheed Martin.

Other Prominent Vendors in the market are: Boeing, General Dynamics, Logos Technologies, Magnet Motor, and Zero Motorcycles.

Commenting on the report, an analyst from the research team said: “One trend in the market is development and use of advanced lithium-ion power sources. The need for enhanced EVs by commercial and defense customers have resulted in constant R&D in producing lighter batteries with greater capacity. It has led to innovative combinations of metals and electrolytes that improve the battery’s electrochemical charge. One of the most important innovations with battery chemistries has been the use of lithium.”

According to the report, one driver in the market is development of cost-effective vehicles. The increasing expense and environmental issues over fuel consumption are promoting the development of cost-effective electric propulsion vehicles. For instance, the US Department of Defense (DoD) is constantly under pressure to cut down on its annual energy bill of around $20 billion. It is estimated that more than 50% of the energy bills account for oil consumption that power the country’s fleet of aircraft, ships, and vehicles, and logistics.

Further, the report states that one challenge in the market is limitations in range and power storage capacity of EVs. EVs and HEVs are poor reservoirs of power and store much less energy than liquid fuels. One of the greatest advantages of using electricity to power vehicles is that this type of energy can be provided from different sources. However, the basic and restrictive barrier of electric energy storage for wider applications in electric drive motor has not been overcome. The system of accumulation of electricity, which is essential to drive the electric-powered vehicles, has not been perfected.

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.
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  • AeroVironment
  • BAE Systems
  • Ford Motor Company
  • General Motors
  • Lockheed Martin
  • Boeing
  • General Dynamics
  • Logos Technologies
  • Magnet Motor
  • Zero Motorcycles
Note: Product cover images may vary from those shown
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