Global Military Battery Market Insights, Forecast to 2028

Military Battery Market Statistics 2028

The global Military Battery market size is estimated to be worth US$ 2113 million in 2022 and is forecast to a readjusted size of US$ 2751.7 million by 2028 with a CAGR of 4.5% during the review period. Key drivers of the military battery market include the growing use of batteries as power storage devices on the battlefield and changes in fighting strategies.

The reliance on surveillance drones and remotely operated machinery such as robots will fuel the growth of the military battery market during the forecast period.

The huge demand for rechargeable lithium-ion batteries in military operations will drive the growth of the market in the upcoming years.

The rapid advancements in battery technology will benefit the market expansion in the subsequent years.

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Global Military Battery Market Trends
Need for efficient power storage devices

Battlefield tactics are changing as portable equipment and mobile electronics are playing key roles in the military space. Military spending is rising across the globe as an investment in modern weaponry is an essential need. Batteries are the optimum choice for storing energy that helps in carrying out critical mission applications. As the sophistication of these equipment rises the demand for power increases even more. Off-grid operations rely heavily on the accumulated power of batteries. Fully electric and mobile machinery need to operate reliably in any extreme weather conditions like hot/humid deserts, tropical jungles, or arctic locations. Moreover, there is a consistent need for primary and secondary power backup sources for communication, navigation, computing, sensors, displays, imaging, etc. Batteries are ideal as they have a high discharge rate, are lightweight, smaller in size, and have more power per unit volume. Additionally, smart batteries automatically cut off the charge when it has reached its peak or lower the discharge rate when the power level is reduced. These factors will boost the growth of the military battery market during the forecast period.

Rise of surveillance drones

UAVs have entered the market and are used extensively for border patrolling, enemy detection, and surveillance. Fully automated robots and drones are carrying out a vast number of activities that help in avoiding human intervention and at the same time increase energy efficiency. For example, drones sent back real-time imagery of on-ground activities and are powered by rechargeable batteries that extend for approximately 30 minutes. These fuel cells can increase air time drastically and recharge quickly within 15 minutes. Longer shelf life, durability, and flexibility are some of the benefits provided to the operators. Then there are remotely operated UUVs( Unmanned Undersea Vehicles) that require charging batteries for increasing their endurance. Light-duty utility trucks are suitable for situations where the army wants to reduce noise and thermal signatures. Herein lies the use of batteries that do not produce much heat and are quieter than internal combustion engines. Such factors will spur the growth of the military battery market in the forthcoming years.

Increasing use of lithium-ion batteries

Rechargeable batteries especially lithium-ion are seeing consistent demand from the defense sector. Due to their superior cycle life, durability, flexibility, and high energy density they are being utilized in tactical radios, thermal imagers, military vehicles, boats, aircraft, missiles, etc. They are best suited in situations where charging outlets are scarce and in tactical operations. Furthermore, these batteries are easily reusable for multiple missions. They are much safer than lead-acid batteries and provide a critical alternative for defense contractors and military users. Besides lithium is available in abundance and provides a robust solution for vehicles, and body armors and produces more energy in less weight. This in turn will drive the growth prospects of the military battery market in the subsequent years.

Rapid innovations in the battery technology

There are several inventions going on in the battery space to increase its capacity. For instance, lithium tungsten batteries are being developed with multi-layer nanotubes that bond specifically to the copper anode substrate. A web-like nanostructure is formed with multiple ions to attach during recharging and discharging cycles. They are much more efficient in recharging and energy storage. Furthermore, organosilicon electrolyte batteries can solve a pertinent issue of lithium-ion batteries. They are much safer than carbonate-based solvent systems in lithium batteries that easily catch fire or explode. Similar is the case with gold-coated nanowire gel electrolyte batteries that are not easily combustible. Hence the changing technological landscape will augment the growth of the military battery market during the forecast period.

Military Battery Market Share Analysis
Based on type, the lithium battery segment will witness significant growth in the military battery market share owing to its higher discharge rate, durability, longer shelf life, and rapid use in military UAVs.

Based on type, the propulsion system segment will grow the highest in the military battery market share, Military propulsion systems in UAVs provide thrust, efficient fuel consumption, and high reliability. The primary engine performance metrics are based on these systems.

Based on region, North America will be the most lucrative segment due to the growing procurement of guided ammunition, military aircraft, etc.

Segment by Type
Lithium Battery
Lead Acid Battery
Nickel Battery
Thermal Battery
Others

Segment by Application
Propulsion Systems
Auxiliary Power Units (APU)
Backup Power
Ignition Systems
Communication & Navigation Systems
Fire Control Systems
Electro Optics & Thermal Imaging Systems
Others

BY COMPANY
Arotech
Bren-Tronics
Eaglepicher
Enersys
Saft
BST Systems
Cell-Con
Concorde
Denchi Power
Kokam
Lincad
Mathews Associates
Navitas Systems
Teledyne Technologies
Ultralife
Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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