Military batteries are utilized to power different military equipment, ships and submarines. Military batteries differ in size & performance from the battery which is used in commercial sectors as these batteries are specifically designed to meet extreme military conditions. In military & defense sector, application of these batteries includes ignition systems, propulsion systems, communication systems, ground vehicles, land warfighter systems, air defense missile systems, auxiliary power units, underwater robots, unmanned reconnaissance aircraft, and others. Moreover, military battery also acts as a backup in case of electricity failure situation.
Navies in numerous countries across the globe have started to adopt lithium-ion battery in their new submarines, which in turn is creating the demand for enhanced batteries and contributing in the growth of the market. For instance, in 2019, South Korean Navy announced that they will use lithium-ion batteries in its newest submarines to double the operational hours. In similar manner, Japan launched a submarine with a new kind of battery which enables submarine to sail further while underwater.
In South East Asia, emerging economies such as India, China, and other countries are consistently investing huge amount of money in their defense sector to enhance their surveillance capabilities at air, land and water borders. In addition, these emerging countries are also focusing on procuring advanced weapon systems, unmanned aerial vehicles, and ground vehicles for monitoring and inspection of air, land and water borders in their region. Owing to this, several countries are awarding contract to companies to manufacture and deliver enhanced batteries for their defense vehicles, weapons systems, and UAVs. For instance, in 2022, the U.S. Defense Innovation Unit (DIU) awarded a contract to General Defense, a General Motors subsidiary, to develop and deliver a battery electric technology. Under the contract, GM Defense will utilize its most advanced battery technology, Ultium Platform, which can be installed on tactical military vehicles. Such initiatives for procuring weapon systems, and vehicles along with their battery systems implies that there will be a growing demand for military batteries from emerging economies in near future, which in turn is expected to provide remarkable opportunities for the market players during the forecast period.
The military battery market is segmented based on battery type, platform, voltage, application, and region. By battery type, it is fragmented into lithium based, lead acid based, and others. By platform, it is categorized into air, ground, and sea. By voltage, it is fragmented into less than 12V, 12 to 24V, and more than 24V. By application, it is classified into communication & navigation systems, fire control systems & ammunition, thermal imaging & surveillance, propulsion systems, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some leading companies profiled in the report include Bren-Tronics, Inc., Cell-Con, Inc., Denchi Group Limited, EaglePicher Technologies, LLC, Eco-bat Technologies Limited, Enersys, Exide Technologies, LLC, Lincad Limited, Saft, and Ultralife Corporation.
Navies in numerous countries across the globe have started to adopt lithium-ion battery in their new submarines, which in turn is creating the demand for enhanced batteries and contributing in the growth of the market. For instance, in 2019, South Korean Navy announced that they will use lithium-ion batteries in its newest submarines to double the operational hours. In similar manner, Japan launched a submarine with a new kind of battery which enables submarine to sail further while underwater.
In South East Asia, emerging economies such as India, China, and other countries are consistently investing huge amount of money in their defense sector to enhance their surveillance capabilities at air, land and water borders. In addition, these emerging countries are also focusing on procuring advanced weapon systems, unmanned aerial vehicles, and ground vehicles for monitoring and inspection of air, land and water borders in their region. Owing to this, several countries are awarding contract to companies to manufacture and deliver enhanced batteries for their defense vehicles, weapons systems, and UAVs. For instance, in 2022, the U.S. Defense Innovation Unit (DIU) awarded a contract to General Defense, a General Motors subsidiary, to develop and deliver a battery electric technology. Under the contract, GM Defense will utilize its most advanced battery technology, Ultium Platform, which can be installed on tactical military vehicles. Such initiatives for procuring weapon systems, and vehicles along with their battery systems implies that there will be a growing demand for military batteries from emerging economies in near future, which in turn is expected to provide remarkable opportunities for the market players during the forecast period.
The military battery market is segmented based on battery type, platform, voltage, application, and region. By battery type, it is fragmented into lithium based, lead acid based, and others. By platform, it is categorized into air, ground, and sea. By voltage, it is fragmented into less than 12V, 12 to 24V, and more than 24V. By application, it is classified into communication & navigation systems, fire control systems & ammunition, thermal imaging & surveillance, propulsion systems, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some leading companies profiled in the report include Bren-Tronics, Inc., Cell-Con, Inc., Denchi Group Limited, EaglePicher Technologies, LLC, Eco-bat Technologies Limited, Enersys, Exide Technologies, LLC, Lincad Limited, Saft, and Ultralife Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the military battery market analysis from 2021 to 2031 to identify the prevailing military battery market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the military battery market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global military battery market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Battery Type
- Lithium Based
- Lead Acid Based
- Others
By Platform
- Air
- Ground
- Sea
By Voltage
- Less than 12 V
- 12 to 24 V
- More than 24 V
By Application
- Communication and Navigation Systems
- Fire Control Systems and Ammunition
- Thermal imaging and Surveillance
- Propulsion Systems
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Cell-Con, Inc.
- EaglePicher Technologies, LLC
- Ecobat Technologies Limited
- ENERSYS
- Exide Technologies, LLC
- Lincad Limited
- Ultralife Corporation
- Bren-Tronics, Inc.
- Denchi Group Limited
- Saft
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rising adoption of UAVs and ground vehicles
3.4.1.2. Rising military expenditure
3.4.1.3. Increasing use of lithium-ion battery over lead-acid batteries
3.4.2. Restraints
3.4.2.1. Regulations on lithium batteries
3.4.3. Opportunities
3.4.3.1. Growing markets in Southeast Asia
3.4.3.2. Technological advancements in battery technology
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: MILITARY BATTERY MARKET, BY BATTERY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Lithium Based
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Lead Acid Based
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
CHAPTER 5: MILITARY BATTERY MARKET, BY PLATFORM
5.1 Overview
5.1.1 Market size and forecast
5.2. Air
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Ground
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Sea
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
CHAPTER 6: MILITARY BATTERY MARKET, BY VOLTAGE
6.1 Overview
6.1.1 Market size and forecast
6.2. Less than 12 V
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. 12 to 24 V
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. More than 24 V
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
CHAPTER 7: MILITARY BATTERY MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2. Communication and Navigation Systems
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3. Fire Control Systems and Ammunition
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4. Thermal imaging and Surveillance
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5. Propulsion Systems
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country
7.6. Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market share analysis by country
CHAPTER 8: MILITARY BATTERY MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Battery Type
8.2.3 North America Market size and forecast, by Platform
8.2.4 North America Market size and forecast, by Voltage
8.2.5 North America Market size and forecast, by Application
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Battery Type
8.2.6.1.3 Market size and forecast, by Platform
8.2.6.1.4 Market size and forecast, by Voltage
8.2.6.1.5 Market size and forecast, by Application
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Battery Type
8.2.6.2.3 Market size and forecast, by Platform
8.2.6.2.4 Market size and forecast, by Voltage
8.2.6.2.5 Market size and forecast, by Application
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Battery Type
8.2.6.3.3 Market size and forecast, by Platform
8.2.6.3.4 Market size and forecast, by Voltage
8.2.6.3.5 Market size and forecast, by Application
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Battery Type
8.3.3 Europe Market size and forecast, by Platform
8.3.4 Europe Market size and forecast, by Voltage
8.3.5 Europe Market size and forecast, by Application
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Battery Type
8.3.6.1.3 Market size and forecast, by Platform
8.3.6.1.4 Market size and forecast, by Voltage
8.3.6.1.5 Market size and forecast, by Application
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Battery Type
8.3.6.2.3 Market size and forecast, by Platform
8.3.6.2.4 Market size and forecast, by Voltage
8.3.6.2.5 Market size and forecast, by Application
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Battery Type
8.3.6.3.3 Market size and forecast, by Platform
8.3.6.3.4 Market size and forecast, by Voltage
8.3.6.3.5 Market size and forecast, by Application
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Battery Type
8.3.6.4.3 Market size and forecast, by Platform
8.3.6.4.4 Market size and forecast, by Voltage
8.3.6.4.5 Market size and forecast, by Application
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Battery Type
8.3.6.5.3 Market size and forecast, by Platform
8.3.6.5.4 Market size and forecast, by Voltage
8.3.6.5.5 Market size and forecast, by Application
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Battery Type
8.4.3 Asia-Pacific Market size and forecast, by Platform
8.4.4 Asia-Pacific Market size and forecast, by Voltage
8.4.5 Asia-Pacific Market size and forecast, by Application
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Battery Type
8.4.6.1.3 Market size and forecast, by Platform
8.4.6.1.4 Market size and forecast, by Voltage
8.4.6.1.5 Market size and forecast, by Application
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Battery Type
8.4.6.2.3 Market size and forecast, by Platform
8.4.6.2.4 Market size and forecast, by Voltage
8.4.6.2.5 Market size and forecast, by Application
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Battery Type
8.4.6.3.3 Market size and forecast, by Platform
8.4.6.3.4 Market size and forecast, by Voltage
8.4.6.3.5 Market size and forecast, by Application
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Battery Type
8.4.6.4.3 Market size and forecast, by Platform
8.4.6.4.4 Market size and forecast, by Voltage
8.4.6.4.5 Market size and forecast, by Application
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Battery Type
8.4.6.5.3 Market size and forecast, by Platform
8.4.6.5.4 Market size and forecast, by Voltage
8.4.6.5.5 Market size and forecast, by Application
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Battery Type
8.5.3 LAMEA Market size and forecast, by Platform
8.5.4 LAMEA Market size and forecast, by Voltage
8.5.5 LAMEA Market size and forecast, by Application
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Battery Type
8.5.6.1.3 Market size and forecast, by Platform
8.5.6.1.4 Market size and forecast, by Voltage
8.5.6.1.5 Market size and forecast, by Application
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Battery Type
8.5.6.2.3 Market size and forecast, by Platform
8.5.6.2.4 Market size and forecast, by Voltage
8.5.6.2.5 Market size and forecast, by Application
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Battery Type
8.5.6.3.3 Market size and forecast, by Platform
8.5.6.3.4 Market size and forecast, by Voltage
8.5.6.3.5 Market size and forecast, by Application
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
10.1 Cell-Con, Inc.
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 EaglePicher Technologies, LLC
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Ecobat Technologies Limited
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 ENERSYS
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 Exide Technologies, LLC
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Lincad Limited
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 Ultralife Corporation
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 Bren-Tronics, Inc.
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 Denchi Group Limited
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 Saft
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 2. Military Battery Market for Lithium Based, by Region, 2021-2031 (Revenue, $Million)
Table 3. Military Battery Market for Lead Acid Based, by Region, 2021-2031 (Revenue, $Million)
Table 4. Military Battery Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 5. Global Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 6. Military Battery Market for Air, by Region, 2021-2031 (Revenue, $Million)
Table 7. Military Battery Market for Ground, by Region, 2021-2031 (Revenue, $Million)
Table 8. Military Battery Market for Sea, by Region, 2021-2031 (Revenue, $Million)
Table 9. Global Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 10. Military Battery Market for Less Than 12 V, by Region, 2021-2031 (Revenue, $Million)
Table 11. Military Battery Market for 12 to 24 V, by Region, 2021-2031 (Revenue, $Million)
Table 12. Military Battery Market for More Than 24 V, by Region, 2021-2031 (Revenue, $Million)
Table 13. Global Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 14. Military Battery Market for Communication and Navigation Systems, by Region, 2021-2031 (Revenue, $Million)
Table 15. Military Battery Market for Fire Control Systems and Ammunition, by Region, 2021-2031 (Revenue, $Million)
Table 16. Military Battery Market for Thermal Imaging and Surveillance, by Region, 2021-2031 (Revenue, $Million)
Table 17. Military Battery Market for Propulsion Systems, by Region, 2021-2031 (Revenue, $Million)
Table 18. Military Battery Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 19. Military Battery Market, by Region, 2021-2031 (Revenue, $Million)
Table 20. North America Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 21. North America Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 22. North America Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 23. North America Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 24. North America Military Battery Market, by Country, 2021-2031 (Revenue, $Million)
Table 25. U.S. Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 26. U.S. Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 27. U.S. Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 28. U.S. Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 29. Canada Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 30. Canada Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 31. Canada Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 32. Canada Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 33. Mexico Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 34. Mexico Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 35. Mexico Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 36. Mexico Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 37. Europe Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 38. Europe Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 39. Europe Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 40. Europe Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 41. Europe Military Battery Market, by Country, 2021-2031 (Revenue, $Million)
Table 42. UK Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 43. UK Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 44. UK Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 45. UK Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 46. Germany Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 47. Germany Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 48. Germany Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 49. Germany Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 50. France Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 51. France Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 52. France Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 53. France Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. Italy Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 55. Italy Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 56. Italy Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 57. Italy Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 59. Rest of Europe Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 61. Rest of Europe Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 63. Asia-Pacific Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. Asia-Pacific Military Battery Market, by Country, 2021-2031 (Revenue, $Million)
Table 67. China Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 68. China Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 69. China Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 70. China Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 71. Japan Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 72. Japan Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 73. Japan Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 74. Japan Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 75. India Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 76. India Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 77. India Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 78. India Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 79. South Korea Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 80. South Korea Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 81. South Korea Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 82. South Korea Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 83. Rest of Asia-Pacific Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 84. Rest of Asia-Pacific Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 85. Rest of Asia-Pacific Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 86. Rest of Asia-Pacific Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 87. LAMEA Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 88. LAMEA Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 89. LAMEA Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 90. LAMEA Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 91. LAMEA Military Battery Market, by Country, 2021-2031 (Revenue, $Million)
Table 92. Latin America Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 93. Latin America Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 94. Latin America Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 95. Latin America Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 96. Middle East Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 97. Middle East Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 98. Middle East Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 99. Middle East Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 100. Africa Military Battery Market, by Battery Type, 2021-2031 (Revenue, $Million)
Table 101. Africa Military Battery Market, by Platform, 2021-2031 (Revenue, $Million)
Table 102. Africa Military Battery Market, by Voltage, 2021-2031 (Revenue, $Million)
Table 103. Africa Military Battery Market, by Application, 2021-2031 (Revenue, $Million)
Table 104. Cell-Con, Inc.: Key Executives
Table 105. Cell-Con, Inc.: Company Snapshot
Table 106. Cell-Con, Inc.: Operating Segments
Table 107. Cell-Con, Inc.: Product Portfolio
Table 108. Cell-Con, Inc.: Net Sales
Table 109. Cell-Con, Inc.: Key Stratergies
Table 110. Eaglepicher Technologies, LLC: Key Executives
Table 111. Eaglepicher Technologies, LLC: Company Snapshot
Table 112. Eaglepicher Technologies, LLC: Operating Segments
Table 113. Eaglepicher Technologies, LLC: Product Portfolio
Table 114. Eaglepicher Technologies, LLC: Net Sales
Table 115. Eaglepicher Technologies, LLC: Key Stratergies
Table 116. Ecobat Technologies Limited: Key Executives
Table 117. Ecobat Technologies Limited: Company Snapshot
Table 118. Ecobat Technologies Limited: Operating Segments
Table 119. Ecobat Technologies Limited: Product Portfolio
Table 120. Ecobat Technologies Limited: Net Sales
Table 121. Ecobat Technologies Limited: Key Stratergies
Table 122. Enersys: Key Executives
Table 123. Enersys: Company Snapshot
Table 124. Enersys: Operating Segments
Table 125. Enersys: Product Portfolio
Table 126. Enersys: Net Sales
Table 127. Enersys: Key Stratergies
Table 128. Exide Technologies, LLC: Key Executives
Table 129. Exide Technologies, LLC: Company Snapshot
Table 130. Exide Technologies, LLC: Operating Segments
Table 131. Exide Technologies, LLC: Product Portfolio
Table 132. Exide Technologies, LLC: Net Sales
Table 133. Exide Technologies, LLC: Key Stratergies
Table 134. Lincad Limited: Key Executives
Table 135. Lincad Limited: Company Snapshot
Table 136. Lincad Limited: Operating Segments
Table 137. Lincad Limited: Product Portfolio
Table 138. Lincad Limited: Net Sales
Table 139. Lincad Limited: Key Stratergies
Table 140. Ultralife Corporation: Key Executives
Table 141. Ultralife Corporation: Company Snapshot
Table 142. Ultralife Corporation: Operating Segments
Table 143. Ultralife Corporation: Product Portfolio
Table 144. Ultralife Corporation: Net Sales
Table 145. Ultralife Corporation: Key Stratergies
Table 146. Bren-Tronics, Inc.: Key Executives
Table 147. Bren-Tronics, Inc.: Company Snapshot
Table 148. Bren-Tronics, Inc.: Operating Segments
Table 149. Bren-Tronics, Inc.: Product Portfolio
Table 150. Bren-Tronics, Inc.: Net Sales
Table 151. Bren-Tronics, Inc.: Key Stratergies
Table 152. Denchi Group Limited: Key Executives
Table 153. Denchi Group Limited: Company Snapshot
Table 154. Denchi Group Limited: Operating Segments
Table 155. Denchi Group Limited: Product Portfolio
Table 156. Denchi Group Limited: Net Sales
Table 157. Denchi Group Limited: Key Stratergies
Table 158. Saft: Key Executives
Table 159. Saft: Company Snapshot
Table 160. Saft: Operating Segments
Table 161. Saft: Product Portfolio
Table 162. Saft: Net Sales
Table 163. Saft: Key Stratergies
List of Figures
Figure 1. Segmentation of Military Battery Market, 2021-2031
Figure 2. Military Battery Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Military Battery Market: Drivers, Restraints and Opportunities
Figure 10. Military Battery Market, by Battery Type, 2021 (%)
Figure 11. Comparative Share Analysis of Lithium Based Military Battery Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Lead Acid Based Military Battery Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Others Military Battery Market, 2021 and 2031 (%)
Figure 14. Military Battery Market, by Platform, 2021 (%)
Figure 15. Comparative Share Analysis of Air Military Battery Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Ground Military Battery Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Sea Military Battery Market, 2021 and 2031 (%)
Figure 18. Military Battery Market, by Voltage, 2021 (%)
Figure 19. Comparative Share Analysis of Less Than 12 V Military Battery Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of 12 to 24 V Military Battery Market, 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of More Than 24 V Military Battery Market, 2021 and 2031 (%)
Figure 22. Military Battery Market, by Application, 2021 (%)
Figure 23. Comparative Share Analysis of Communication and Navigation Systems Military Battery Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Fire Control Systems and Ammunition Military Battery Market, 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of Thermal Imaging and Surveillance Military Battery Market, 2021 and 2031 (%)
Figure 26. Comparative Share Analysis of Propulsion Systems Military Battery Market, 2021 and 2031 (%)
Figure 27. Comparative Share Analysis of Others Military Battery Market, 2021 and 2031 (%)
Figure 28. Military Battery Market by Region, 2021
Figure 29. U.S. Military Battery Market, 2021-2031 ($Million)
Figure 30. Canada Military Battery Market, 2021-2031 ($Million)
Figure 31. Mexico Military Battery Market, 2021-2031 ($Million)
Figure 32. UK Military Battery Market, 2021-2031 ($Million)
Figure 33. Germany Military Battery Market, 2021-2031 ($Million)
Figure 34. France Military Battery Market, 2021-2031 ($Million)
Figure 35. Italy Military Battery Market, 2021-2031 ($Million)
Figure 36. Rest of Europe Military Battery Market, 2021-2031 ($Million)
Figure 37. China Military Battery Market, 2021-2031 ($Million)
Figure 38. Japan Military Battery Market, 2021-2031 ($Million)
Figure 39. India Military Battery Market, 2021-2031 ($Million)
Figure 40. South Korea Military Battery Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Military Battery Market, 2021-2031 ($Million)
Figure 42. Latin America Military Battery Market, 2021-2031 ($Million)
Figure 43. Middle East Military Battery Market, 2021-2031 ($Million)
Figure 44. Africa Military Battery Market, 2021-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Top Player Positioning, 2021
Figure 52. Cell-Con, Inc..: Net Sales ($Million)
Figure 53. Eaglepicher Technologies, LLC.: Net Sales ($Million)
Figure 54. Ecobat Technologies Limited.: Net Sales ($Million)
Figure 55. Enersys.: Net Sales ($Million)
Figure 56. Exide Technologies, LLC.: Net Sales ($Million)
Figure 57. Lincad Limited.: Net Sales ($Million)
Figure 58. Ultralife Corporation.: Net Sales ($Million)
Figure 59. Bren-Tronics, Inc..: Net Sales ($Million)
Figure 60. Denchi Group Limited.: Net Sales ($Million)
Figure 61. Saft.: Net Sales ($Million)
Executive Summary
The Military Battery Market is expected to experience a significant growth rate of 5.0% from 2022-2031 owing to rising military expenditure globally.Military battery is an energy storage device used to power a variety of military electronic equipment as well as ships and submarines. In military & defense sector, batteries are utilized for numerous purposes which includes auxiliary power units, ignition systems, propulsion systems, communication systems, underwater robots, unmanned reconnaissance aircraft, ground vehicles, land warfighter systems, air defense missile systems, and others. Moreover, military batteries are stronger in terms of performance with longer range, better durability, and higher conductivity as compared to civilian batteries. Furthermore, in case of emergency situation where electricity may fail, these types of batteries act as a backup in such situations.
The growth of the global military battery market is driven by rise in adoption of UAVs & ground vehicles, increase in military expenditure, and surge in use of lithium-ion battery over lead-acid batteries. For instance, according to Stockholm International Peace Research Institute (SIPRI), military spending by the U.S amounted to a total of $801 billion in 2021 and the U.S. military burden decreased from 3.7% of GDP in 2020 to 3.5% in 2021. Moreover, military spending of China was $293 billion in 2021, a 4.7% increase compared with 2020.
The military battery market is segmented on the basis of battery type, platform, voltage, application, and region. By battery type, it is fragmented into lithium based, lead acid based, and others. By platform, it is categorized into air, ground, and sea. By voltage, it is fragmented into less than 12V, 12 to 24V, and more than 24V. By application, it is classified into communication & navigation systems, fire control systems & ammunition, thermal imaging & surveillance, propulsion systems, and others. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
Some leading companies profiled in the report include Bren-Tronics, Inc., Cell-Con, Inc., Denchi Group Limited, EaglePicher Technologies, LLC, Eco-bat Technologies Limited, Enersys, Exide Technologies, LLC, Lincad Limited, Saft, and Ultralife Corporation. The key players operating in the military battery market are adopting various strategies such as product launch, contract, and acquisition to remain competitive and gain advantage over the competitors in the market. For instance, in November 2021, Lincad received a contract from Thales UK to supply its SquadNet batteries. The batteries will be utilized for Thales’s industry-leading networking soldier radios. The SquadNet battery is a bespoke 3.6V, 3Ah battery which has been specifically designed to power the Thales SquadNet radio for effective combat communications. In addition, in May 2021, Bren-Tronics, along with three other companies, won a $1.25 billion indefinite-delivery/indefinite-quantity contract from the U.S. Army for supplying conformal wearable batteries. The contract was awarded by the U.S. Army under its Tactical Power Generation Program.
Key Market Insights
- By battery type, the lithium based segment was the highest revenue contributor to the market and is estimated to dominate the market during the forecast period.
- By platform, the ground segment was the highest revenue contributor to the market in 2021 and is estimated to capture the highest revenue during the forecast period.
- By voltage, the less than 12 V segment dominated the global market in 2021, and is estimated to capture the highest market share during the forecast period.
- By application, the communication & navigation systems segment was the highest revenue contributor to the market in 2021 and is estimated to capture the highest revenue during the forecast period.
- By region, North America was the highest revenue contributor, accounting for largest market share in 2021, and is estimated to grow with the significant CAGR during the forecast period.
Companies Mentioned
- Cell-Con, Inc.
- EaglePicher Technologies, LLC
- Ecobat Technologies Limited
- ENERSYS
- Exide Technologies, LLC
- Lincad Limited
- Ultralife Corporation
- Bren-Tronics, Inc.
- Denchi Group Limited
- Saft
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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