Global Military Battery Market 2023-2027

Description

List of Tables

Technavio has been monitoring the military battery market and is forecast to grow by USD 423.21 mn during 2022-2027, accelerating at a CAGR of 4.32% during the forecast period. Our 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.

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.

Technavio's military battery market is segmented as below:

By End-user

OEM
Aftermarket

By Technology

Non-rechargeable batteries
Rechargeable batteries

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the growing adoption of military drones as one of the prime reasons driving the military battery market growth during the next few years. Also, the advent of wearable devices for military operations and the increasing adoption of battery recycling will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the military battery market covers the following areas:

Military battery market sizing
Military battery market forecast
Military battery market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military battery market vendors that include Arotech, BAE Systems Plc, Bren-Tronics Inc., BST Systems Inc., 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 Corp., Kokam Co. Ltd., Lincad Ltd., Mathews Associates Inc., Teledyne Technologies Inc., TotalEnergies SE, Ultralife Corp., and BYD Co. Ltd. Also, the military battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

Technavio presents a detailed picture of the market by the 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. Technavio's 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.

Product Code: IRTNTR44553

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global military battery market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global military battery market 2017 - 2021 ($ million)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.3 Technology Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 OEM - Market size and forecast 2022-2027
Exhibit 34: Chart on OEM - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on OEM - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on OEM - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on OEM - Year-over-year growth 2022-2027 (%)
6.4 Aftermarket - Market size and forecast 2022-2027
Exhibit 38: Chart on Aftermarket - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ million)
Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Technology

7.1 Market segments
Exhibit 44: Chart on Technology - Market share 2022-2027 (%)
Exhibit 45: Data Table on Technology - Market share 2022-2027 (%)
7.2 Comparison by Technology
Exhibit 46: Chart on Comparison by Technology
Exhibit 47: Data Table on Comparison by Technology
7.3 Non-rechargeable batteries - Market size and forecast 2022-2027
Exhibit 48: Chart on Non-rechargeable batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Non-rechargeable batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Non-rechargeable batteries - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Non-rechargeable batteries - Year-over-year growth 2022-2027 (%)
7.4 Rechargeable batteries - Market size and forecast 2022-2027
Exhibit 52: Chart on Rechargeable batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Rechargeable batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Rechargeable batteries - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Rechargeable batteries - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Technology
Exhibit 56: Market opportunity by Technology ($ million)
Exhibit 57: Data Table on Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Russia - Market size and forecast 2022-2027
Exhibit 91: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Russia - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Arotech
Exhibit 111: Arotech - Overview
Exhibit 112: Arotech - Product / Service
Exhibit 113: Arotech - Key offerings
12.4 Bren-Tronics Inc.
Exhibit 114: Bren-Tronics Inc. - Overview
Exhibit 115: Bren-Tronics Inc. - Product / Service
Exhibit 116: Bren-Tronics Inc. - Key offerings
12.5 Cell-Con Inc.
Exhibit 117: Cell-Con Inc. - Overview
Exhibit 118: Cell-Con Inc. - Product / Service
Exhibit 119: Cell-Con Inc. - Key offerings
12.6 Concorde Battery Corp.
Exhibit 120: Concorde Battery Corp. - Overview
Exhibit 121: Concorde Battery Corp. - Product / Service
Exhibit 122: Concorde Battery Corp. - Key offerings
12.7 Denchi Group Ltd.
Exhibit 123: Denchi Group Ltd. - Overview
Exhibit 124: Denchi Group Ltd. - Product / Service
Exhibit 125: Denchi Group Ltd. - Key offerings
12.8 EaglePicher Technologies LLC
Exhibit 126: EaglePicher Technologies LLC - Overview
Exhibit 127: EaglePicher Technologies LLC - Product / Service
Exhibit 128: EaglePicher Technologies LLC - Key offerings
12.9 East Penn Manufacturing Co. Inc.
Exhibit 129: East Penn Manufacturing Co. Inc. - Overview
Exhibit 130: East Penn Manufacturing Co. Inc. - Product / Service
Exhibit 131: East Penn Manufacturing Co. Inc. - Key news
Exhibit 132: East Penn Manufacturing Co. Inc. - Key offerings
12.10 EnerSys
Exhibit 133: EnerSys - Overview
Exhibit 134: EnerSys - Business segments
Exhibit 135: EnerSys - Key news
Exhibit 136: EnerSys - Key offerings
Exhibit 137: EnerSys - Segment focus
12.11 Exide Industries Ltd.
Exhibit 138: Exide Industries Ltd. - Overview
Exhibit 139: Exide Industries Ltd. - Product / Service
Exhibit 140: Exide Industries Ltd. - Key offerings
12.12 GS Yuasa Corp.
Exhibit 141: GS Yuasa Corp. - Overview
Exhibit 142: GS Yuasa Corp. - Business segments
Exhibit 143: GS Yuasa Corp. - Key news
Exhibit 144: GS Yuasa Corp. - Key offerings
Exhibit 145: GS Yuasa Corp. - Segment focus
12.13 Kokam Co. Ltd.
Exhibit 146: Kokam Co. Ltd. - Overview
Exhibit 147: Kokam Co. Ltd. - Product / Service
Exhibit 148: Kokam Co. Ltd. - Key offerings
12.14 Lincad Ltd.
Exhibit 149: Lincad Ltd. - Overview
Exhibit 150: Lincad Ltd. - Product / Service
Exhibit 151: Lincad Ltd. - Key offerings
12.15 Teledyne Technologies Inc.
Exhibit 152: Teledyne Technologies Inc. - Overview
Exhibit 153: Teledyne Technologies Inc. - Business segments
Exhibit 154: Teledyne Technologies Inc. - Key news
Exhibit 155: Teledyne Technologies Inc. - Key offerings
Exhibit 156: Teledyne Technologies Inc. - Segment focus
12.16 TotalEnergies SE
Exhibit 157: TotalEnergies SE - Overview
Exhibit 158: TotalEnergies SE - Business segments
Exhibit 159: TotalEnergies SE - Key news
Exhibit 160: TotalEnergies SE - Key offerings
Exhibit 161: TotalEnergies SE - Segment focus
12.17 Ultralife Corp.
Exhibit 162: Ultralife Corp. - Overview
Exhibit 163: Ultralife Corp. - Business segments
Exhibit 164: Ultralife Corp. - Key offerings
Exhibit 165: Ultralife Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 168: Currency conversion rates for US$
13.4 Research methodology
Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources
13.5 List of abbreviations
Exhibit 172: List of abbreviations