What is Military Power Solutions Market?
Military power solutions serve modern force needs high-endurance, high-density electric power for confirming the effectiveness of military missions. The dismounted Soldier is additionally needed to hold more refined electronic hardware whereas platforms and forward operative installations are progressively being equipped with up-to-date, power-demanding technology.
The market study is being classified by Type (Portable and Non-Portable), by Application (Air, Land and Naval) and major geographies with country level break-up.
Inventus Power (United States), SDMO Industries (France), Raytheon Technologies Corporation (United States), SAFT Groupe S.A. (France), Arotech Corporation (United States), SFC Energy AG (Germany) and Enersys (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Military Power Solutions market by Type, Application and Region.
On the basis of geography, the market of Military Power Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth in Demand for Energy and Reliable Power Due To the Evolution of Modern Warfare
- High Allocation of National Budget to Defence
- Portable Power Requirement and Rechargeable Power Source without Compatibility Issues
- Changing Priorities of the Nations due to Natural Disasters
- Growing Demand in Military Drones and Soundless Energy Solutions
- High Initial Cost of Deployment for Deployment of Raw Material
- Strict Military Regulations
Market Leaders and some development strategies
In 2019, Saft Groupe SA, an energy storage subsidiary of Total SA, boasts its acquisition of U.S.-based microgrid technology startup Go Electric Inc. This will help Saft Groupe SA, with a major leader that is going to fuel growth.
In March 2021, SFC energy launches a new phase of the successful efoy pro fuel cells for professional users and industrial applications. SFC energy provides clean electricity to leo sphere windcube with efoy fuel cells. The ground-based resolution collects vital information supported LIDAR technology to spot wind farm suitable areas.
Key Target AudienceMilitary Power Solutions Provider, Distributor/Supplier, Military Organisations, Research Firms, Government Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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