Military Battery Market Size By Type, By End-User, By Geographic Scope And Forecast

May 2021| VMR4482A| Verified Market Research

Report Highlights

Military Battery Market Size And Forecast

Military Battery Market was valued at USD 2.43 Billion in 2018 and is projected to reach USD 3.92 Billion by 2026, growing at a CAGR of 6.2% from 2019 to 2026.

Global Military Battery Market Overview

The requirement of modern warfare systems based on advanced technologies, increasing demand for drones for surveillance purposes, the decline in the price of lithium-ion batteries are some of the market trends that will support the market growth over the forecast period. The increasing preference for rechargeable batteries, strict military rules & regulation for manufacturers of military batteries is some of the market trends that are expected to boost the growth of the market. Furthermore, an increase in the defense budgets of various countries owing to the rising instances of transnational disputes fuels the market growth in upcoming years. Also, in recent years there is high demand for UAVs equipped that are coupled with long endurance and high-power military batteries. Increasing developments different chemical compositions in order to improve power density has helped in market growth. Factors such as adoption of battery as energy storage devices and augmenting demand for solid-state batteries contributes for market. These factors are expected to drive market for Military Battery over the forecasted period.

Global Military Battery Market: Segmentation Analysis

Global Military Battery Market is segmented based on Type, End-User, And Geography.

Military Battery Market Competitive Landscape

The Global Military Battery Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as

  • Arotech Corporation
  • Bren-Tronics
  • Eaglepicher
  • Enersys
  • Saft
  • BST Systems, Inc.
  • Cell-Con
  • Concorde
  • Denchi Power
  • Kokam

 

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report