Military Battery Market to reach Blatant Growth in Coming years by 2030

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Military Battery Market by Type (Rechargeable, Non-rechargeable), Installation (OEM, Aftermarket), Application (Propulsion, Non-propulsion), Platform (Ground, Airborne, Marine), Composition, Voltage, Power Density, and region (North America, Europe, Asia-Pacific, Middle East and Africa and

Military Battery Market by Type (Rechargeable, Non-rechargeable), Installation (OEM, Aftermarket), Application (Propulsion, Non-propulsion), Platform (Ground, Airborne, Marine), Composition, Voltage, Power Density, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Military Battery Market size is projected to reach a CAGR of 4.4% from 2023-2030.

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A military battery is a power storage device for military electronic equipment such as vehicles, aircraft, ships, operating bases, unmanned vehicles, and submarines. These types of batteries also act as a backup in such conditions where electricity sources may fail. The military uses batteries to power a variety of devices, ranging from power tools to military portable equipment.

On the military battlefield, lithium-ion batteries have proven to be the most reliable power source for portable equipment. Because military lithium batteries are particularly engineered to handle severe military conditions, they are not commonly available for commercial usage. In the event of a power outage, the military battery serves as a backup generator. In the military and defense sectors, batteries are used for a variety of purposes, including APUs, propulsion systems, backup power, and ignition systems, among others.

Recently, it has been found that military spending has increased significantly, which is fuelling the demand for the Military Battery Market Growth in the forecast period. Moreover, the rising use of high-power density and lightweight military batteries; and the growing demand for long-endurance capability UAVs are driving the global market growth in the research period.

The global Military Battery Market has increased the demand for solid-state batteries, which can bring more significant opportunities for the market players and manufacturers. Moreover, the rising need for better battery management systems among various applications in the world is projected to bring lucrative opportunities for the global Military Battery Market

Delvens Industry Expert's Standpoint:

Military batteries play a critical role in ensuring the operational readiness and effectiveness of modern military forces. The military battery market is driven by increasing demand for lightweight, high performance, and durable batteries for a range of military applications, including portable power for soldiers, unmanned systems, and communication equipment. The market is characterized by continuous innovation, with significant investment in research and development to improve battery performance, safety, and efficiency.

Competitive Landscape

·        Arotech Corporation

·        Bren-Tronics

·        BST Systems Inc.

·        Cell-Con Inc.

·        Concorde Battery Corporation

·        Denchi Power Ltd

·        Eaglepicher

·        Enersys

·        Kokam

·        Saft Group SA

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Europe to Dominate the Market

·        Europe is a manufacturing hub for various military battery manufacturers, such as Saft (Total), BAE Systems, and ECOBAT Battery Technologies.

·        The demand for military batteries has been increasing in Europe due to the presence of the defense manufacturing industry, growing demand for defense platforms across the globe, and ongoing upgradation programs for existing defense systems.

Recent Developments

In January 2022, C&L Aerospace signed a distribution agreement with Concorde for the distribution of ERJ 135/145 sealed lead-acid (SLA) batteries.

In November 2021, Lincad won a contract from Thales Group for supplying its SquadNet batteries. The batteries will be used for Thale’s industry-leading networking soldier radios.

Military Battery Market is segmented into various segments such as platform, type, composition, installation, voltage, power density, and region:

On the basis of the platform

·        Ground

·        Airborne

·        Marine                                                          

On the basis of type

·        Non-rechargeable

·        Rechargeable

·        Propulsion

·        Non-propulsion

On the basis of composition

·        Rotary Lithium-based

·        Lead-acid

·        Nickel-based

·        Thermal

·        Others

On the basis of the installation

 

·        OEM

·        Aftermarket

On the basis of voltage

·        Less than 12V

·        12–24V

·        More than 24V

On the basis of power density

·        Less than 100 Wh/Kg

·        100–200 Wh/Kg

·        More than 200 Wh/Kg

On the basis of region

·        Asia Pacific

·        North America

·        Europe

·        South America

·        Middle East & Africa

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