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Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021

08-29-2018 09:45 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research Beam

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Global Military Hybrid Electric Vehicle (HEV) and Electric

Hybrid electric vehicles (HEVs) have a combination of electric and IC power sources, which gives them significantly enhanced performance and mileage compared with heavy-duty, combustion-only, and electric-only vehicles. EVs and HEVs accelerate faster than combustion-only vehicles and can be used as portable generators to power onboard sensors, targeting devices, weapon systems, mobile hospitals, and other command and control (C2) systems.
global military hybrid electric vehicle (HEV) and electric vehicle (EV) market to grow at a CAGR of 14.17% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market for 2017-2021. To calculate the market size, the report considers new procurements (based on contracts) and new agreements pertaining to the development (manufacturing) of HEVs and EVs by the defense ministries across the globe.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
• AeroVironment
• BAE Systems
• Ford Motor Company
• General Motors
• Lockheed Martin

Other prominent vendors
• Boeing
• General Dynamics
• Logos Technologies
• Magnet Motor
• Zero Motorcycles

Market driver
• Development of cost-effective vehicles
• For a full, detailed list, view our report

Market challenge
• Limitations in range and power storage capacity of EVs
• For a full, detailed list, view our report

Market trend
• Development and use of advanced lithium-ion power sources
• For a full, detailed list, view our report

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