Next Generation Military Power Supply Market 2023-2030: Key Players Advanced Conversion Technology (ACT), Collins Aerospace, Eaton Corporation, Elbit Systems, Lockheed Martin Corporation

Next Generation Military Power Supply Market (Type - Programmable, Non- Programmable; Component - Hardware (DC/AC Convertor, AC/DC Convertor, DC/DC Convertor, EMI Filters), Software; System Type - Discrete Power Supply System, Integrated Power Modules (Synchronous & Non-Synchronous); By End Use - Aerial, Land, Naval) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Global Next Generation Market size was valued at $16.59 billion in 2022 and is projected to reach $24.89 billion by 2030 at a CAGR of 5.20% in the forecasted period of 2023-2030.

Get a FREE Sample Copy of this Report with Graphs and Charts at: https://www.delvens.com/get-free-sample/next-generation-military-power-supply-market-trends-forecast-till-2028

There are several market players in the Next Generation Military Power Supply market, including Advanced Conversion Technology (ACT), Collins Aerospace, Eaton Corporation, Elbit Systems, Lockheed Martin Corporation, Raytheon Technologies, Safran Power Units, Vicor Corporation, Abbott Technologies, Aegis Power Systems, Inc., AGMA Power Systems Ltd., AJ's Power Source Inc., AstrodyneTDI, Dialog Semiconductor PLC, Energy Technologies Inc., Fujitsu Limited, Infineon Technologies AG, Intel Corporation, Milpower Source, Inc., Mitsubishi Electric Corporation, Powerbox International AB, Prime Power Inc., Spin Memory, Inc., SynQor, Inc., TDK-Lambda Corporation, Texas Instruments Incorporated, and XP Power. etc.

In 2020, Collins Aerospace launched its new HFGCS-1000 power supply, which is designed to provide reliable and continuous power for high-frequency ground communications systems used by the military. The HFGCS-1000 uses advanced power management and protection technologies to ensure that critical communications systems remain operational even in the event of power disruptions or failures.

In 2021, Vicor Corporation announced the launch of its new DCM3717, a high-voltage DC-DC converter that is designed to meet the demanding power requirements of military and aerospace applications. The DCM3717 uses advanced power electronics and thermal management technologies to deliver high power density and efficiency in a small and lightweight form factor. The converter is also ruggedized to withstand extreme temperatures, shock, and vibration, making it well-suited for use in harsh military environments.

Next Generation Military Power Supply refers to the latest technology and design innovations being used in the development of power supply systems for military applications. These power supplies are specifically designed to meet the unique and demanding needs of military operations and equipment.

Next Generation Military Power Supplies typically use advanced technologies such as wide bandgap semiconductors, advanced magnetics, and digital power management to achieve higher efficiency, reliability, and power density. They are also designed to operate in harsh environments, such as extreme temperatures and high vibration, and are often ruggedized to withstand shocks, drops, and other physical stresses.

Next Generation Military Power Supplies are used in a wide range of military applications, including communications equipment, radar systems, electronic warfare systems, and unmanned vehicles. They play a critical role in ensuring that military operations have reliable and continuous power, even in challenging and unpredictable environments.

Current market and Dynamics

Military majorly operates in remote and border areas, where availability of electricity via the power grid is almost impossible due to sensitive data from grid power instability & downtime issues. Next-generation military power supply is capable of providing long usages with minimal maintenance is driving the next-generation military power supply market. Due to its advantageous features such as the ability to perform seamlessly in intense climates and harsh terrains. As military operations are characterized by durability reliability, ruggedness, etc., these characteristics are escalating the demand for next-generation power supply.

Major Geographies and Growth

Currently, the U.S. has the strongest military power, which makes the U.S. hold the highest military budget (approx. 45%) of the Global defense budget. The presence of advanced military power supply technology and early adoption of COTS software in the U.S. has turned North America into a Global leader in the next-generation military power supply market. Due to the new Technologies innovations, the Asia Pacific region is estimated to grow with the highest CAGR. APAC is expected to be the second largest shareholder. Due to the presence of world-leading military forces in Saudi Arabia, Israel, UAE, and other GCC the Middle East & Africa are estimated to witness a moderate growth rate.

Market Segmentation

Next generation military power supply market is segmented based on type, components, system type, and end-use.

The next-generation military power supply market is divided into programmable and non-programmable categories based on type. Since these power supplies can be customized to meet specific needs and have the capacity to support more than just single or dual power outputs, the programmable category is anticipated to dominate the market throughout the forecast period. The remotely managed power supply is another element promoting the rise of the programmable segment. A programmable power supply's voltage and current can be modified across a broad range, and it has several outputs that can power various circuits throughout the system.

The next-generation military power supply is divided into integrated power supplies and discrete power supplies based on the system. Due to many advantages over separate power sources, such as high reliability, simple designs, cheap cost of ownership, and improved performance, the integrated power supply segment is predicted to dominate the market.

The market is divided into hardware and software segments based on components. The hardware component is further divided into subcategories such as EMI filters, AC/DC converters, DC/AC converters, and DC/DC converters (Inductors, Transformers, etc.). About half of the market share in 2021 went to the AC/DC converter sector, which was followed by DC/AC convertor.

The market is divided into three segments based on end-users: aerial, terrestrial, and naval. While the aerial category is anticipated to grow at the fastest CAGR during the forecast period due to the development of modern military aircraft and vehicles that require high power supplies, the land segment held the largest market share in 2021.

Conclusion

The Next Generation Military Power Supply market is a critical and growing area of research and development, driven by the need for reliable and efficient power solutions for military operations and equipment. Advanced technologies such as wide bandgap semiconductors, digital power management, and ruggedized design are being used to develop power supplies that can operate in harsh environments and provide reliable and continuous power. As military operations become more complex and demanding, the need for advanced power supply solutions will only continue to grow. The Next Generation Military Power Supply market is poised for significant growth in the coming years, driven by the increasing demand for reliable and efficient power solutions that can operate in even the harshest military environments.

Direct Purchase of Next Generation Military Power Supply Market Research Report at: https://www.delvens.com/checkout/next-generation-military-power-supply-market-trends-forecast-till-2028

Contact Us:

UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
SALES@DELVENS.COM
WEBSITE: https://delvens.com/

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

This release was published on openPR.