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Global Military Battery Market (2022-2027) by Type, Composition, Offering, Energy Consumption, Power Density, Application, End-User and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 173 Pages
  • April 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5585711
The Global Military Battery Market is estimated to be USD 3.61 Bn in 2022 and is projected to reach USD 4.74 Bn by 2027, growing at a CAGR of 5.61%..

Market dynamics are forces that impact the prices and behaviors of the Global Military Battery Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Military Battery Market is segmented based on Type, Composition, Offering, Energy Consumption, Power Density, Application, End-User and Geography.
  • By Type, the market is classified into Rechargeable and Non-Rechargeable.
  • By Composition, the market is classified into Lithium Battery, Lead Acid Battery, Nickel Battery, Thermal Battery, and Others.
  • By Offering, the market is classified into Product and Service.
  • By Energy Consumption, the market is classified into Less Than 12V, 12-24V, and More Than 24V.
  • By Power Density, the market is classified into Less than 100 Wh/Kg, 100-200 Wh/Kg, and More than 200 Wh/Kg.
  • By Application, the market is classified into Propulsion Systems, Auxiliary Power Units (APU), Backup Power, and Ignition Systems, Communication & Navigation Systems, Fire Control Systems, Electro Optics & Thermal Imaging Systems, Others.
  • By End-User, the market is classified into OEM and Aftermarket.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Arotech, Bren-Tronics, BST Systems, Cell-Con, Concorde, Denchi Power, Eaglepicher, Enersys, Kokam, Lincad, Mathews Associates, Navitas Systems, Saft, Teledyne Battery Products (Teledyne Technologies), Ultralife, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Military Battery Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Military Battery Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Military Battery Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Military Battery Market

What is the estimated value of the Global Military Battery Market?

The Global Military Battery Market was estimated to be valued at $3.61 Billion in 2022.

What is the growth rate of the Global Military Battery Market?

The growth rate of the Global Military Battery Market is 5.6%, with an estimated value of $4.74 Billion by 2027.

What is the forecasted size of the Global Military Battery Market?

The Global Military Battery Market is estimated to be worth $4.74 Billion by 2027.

Who are the key companies in the Global Military Battery Market?

Key companies in the Global Military Battery Market include Arotech, Bren, Tronics, BST Systems, Cell, Con, Concorde, Denchi Power, Eaglepicher and Enersys.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Emergence of Modern Warfare Systems Based on Advanced Technologies
4.1.2 Surging Use of Lightweight and High Power Density Military Batteries in Sophisticated Military Systems
4.1.3 Increasing Defense Budgets of Various Countries Due to Growing Instances of Transnational Disputes
4.2 Restraints
4.2.1 Charging Issues Related to Rechargeable Military Batteries
4.2.2 Design Constraints for Military Batteries
4.3 Opportunities
4.3.1 Increased Demand for UAVS Equipped with High Power and Long Endurance Military Batteries
4.3.2 Development of Batteries with Different Chemical Compositions to Offer Improved Power Density
4.4 Challenges
4.4.1 Development of Improved Battery Management Systems (BMS)
4.4.2 Regulations and Safety Issues Related to the Use of Lead Acid Military Batteries
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Military Battery Market, By Type
6.1 Introduction
6.2 Rechargeable
6.3 Non-Rechargeable
7 Global Military Battery Market, By Composition
7.1 Introduction
7.2 Lithium Battery
7.3 Lead Acid Battery
7.4 Nickel Battery
7.5 Thermal Battery
7.6 Others
8 Global Military Battery Market, By Offering
8.1 Introduction
8.2 Product
8.3 1 Battery
8.4 2 Battery Management System
8.5 Service
9 Global Military Battery Market, By Energy Consumption
9.1 Introduction
9.2 Less Than 12V
9.3 12-24V
9.4 More Than 24V
10 Global Military Battery Market, By Power Density
10.1 Introduction
10.2 Less than 100 Wh/Kg
10.3 100-200 Wh/Kg
10.4 More than 200 Wh/Kg
11 Global Military Battery Market, By Application
11.1 Introduction
11.2 Propulsion Systems
11.3 Auxiliary Power Units (APU)
11.4 Backup Power
11.5 Ignition Systems
11.6 Communication & Navigation Systems
11.7 Fire Control Systems
11.8 Electro Optics & Thermal Imaging Systems
11.9 Others
12 Global Military Battery Market, By End-User
12.1 Introduction
12.2 OEM
12.3 Aftermarket
13 Americas' Global Military Battery Market
13.1 Introduction
13.2 Argentina
13.3 Brazil
13.4 Canada
13.5 Chile
13.6 Colombia
13.7 Mexico
13.8 Peru
13.9 United States
13.10 Rest of Americas
14 Europe's Global Military Battery Market
14.1 Introduction
14.2 Austria
14.3 Belgium
14.4 Denmark
14.5 Finland
14.6 France
14.7 Germany
14.8 Italy
14.9 Netherlands
14.10 Norway
14.11 Poland
14.12 Russia
14.13 Spain
14.14 Sweden
14.15 Switzerland
14.16 United Kingdom
14.17 Rest of Europe
15 Middle East and Africa's Global Military Battery Market
15.1 Introduction
15.2 Egypt
15.3 Israel
15.4 Qatar
15.5 Saudi Arabia
15.6 South Africa
15.7 United Arab Emirates
15.8 Rest of MEA
16 APAC's Global Military Battery Market
16.1 Introduction
16.2 Australia
16.3 Bangladesh
16.4 China
16.5 India
16.6 Indonesia
16.7 Japan
16.8 Malaysia
16.9 Philippines
16.10 Singapore
16.11 South Korea
16.12 Sri Lanka
16.13 Thailand
16.14 Taiwan
16.15 Rest of Asia-Pacific
17 Competitive Landscape
17.1 Competitive Quadrant
17.2 Market Share Analysis
17.3 Strategic Initiatives
17.3.1 M&A and Investments
17.3.2 Partnerships and Collaborations
17.3.3 Product Developments and Improvements
18 Company Profiles
18.1 Arotech
18.2 Bren-Tronics
18.3 BST Systems
18.4 Cell-Con
18.5 Concorde
18.6 Denchi Power
18.7 Eaglepicher
18.8 Enersys
18.9 Kokam
18.10 Lincad
18.11 Mathews Associates
18.12 Navitas Systems
18.13 Saft
18.14 Teledyne Battery Products (Teledyne Technologies)
18.15 Ultralife
19 Appendix
19.1 Questionnaire

Companies Mentioned

  • Arotech
  • Bren-Tronics
  • BST Systems
  • Cell-Con
  • Concorde
  • Denchi Power
  • Eaglepicher
  • Enersys
  • Kokam
  • Lincad
  • Mathews Associates
  • Navitas Systems
  • Saft
  • Teledyne Battery Products (Teledyne Technologies)
  • Ultralife