Press release
Military Battery Market 2025 Trends : Predicted to Grow at a CAGR of 5% from 2022 to 2031, Report
Download Sample Copy of Report - https://www.alliedmarketresearch.com/request-sample/13678
Drivers The rise in the adoption of UAVs and ground vehicles
The rise in military expenditure
Increase in the use of lithium-ion batteries over lead-acid batteries
Opportunities Growing markets in Southeast Asia
Technological advancements in battery technology
Restraints Regulations on lithium batteries
The research provides detailed segmentation of the global military battery market based on battery type, platform, voltage, application, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on battery type, the lithium-based segment held the highest share in 2021, accounting for more than 86% of the global military battery market, and is expected to continue its leadership status during the forecast period. For instance, in March 2022, in the U.S., NanoGraf, received a $1 million development contract from the Department of Defense to produce a powerful, longer-lasting 4.3Ah lithium-ion battery. Moreover, the lithium-based segment is expected to register the highest CAGR of 5.2% from 2022 to 2031.
Based on the platform, the ground segment held the highest share in 2021, accounting for more than two-thirds of the global military battery market, and is expected to continue its leadership status during the forecast period. Moreover, the ground segment is expected to register the highest CAGR of 5.2% from 2022 to 2031.
Interested to Procure the Research Report? Inquire Before Buying - https://www.alliedmarketresearch.com/purchase-enquiry/13678
Based on voltage, the less than 12 V segment accounted for the highest share in 2021, contributing to more than 40% of the global military battery market, and is expected to maintain its lead in terms of revenue during the forecast period. Moreover, the less than 12 V segment is expected to manifest the highest CAGR of 5.6% from 2022 to 2031.
Based on application, the communication and navigation systems segment accounted for the highest share in 2021, holding more than 51% of the global military battery market, and is expected to continue its leadership status during the forecast period. However, the propulsion systems segment is estimated to grow at the highest CAGR of 6.9% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to nearly half of the global military battery market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the same region is expected to manifest the fastest CAGR of 5.9% during the forecast period.
Leading market players of the global military battery market analyzed in the research include
Bren-Tronics, Inc.
Cell-Con, Inc.
Denchi Group Limited
EaglePicher Technologies, LLC
Eco-bat Technologies Limited
Enersys
Exide Technologies, LLC
Lincad Limited
Saft
Ultralife Corporation
Know More- https://www.einpresswire.com/article/756507748/military-battery-market-update-2024-projected-to-exhibit-usd-2-5-billion-revenue-by-2031-claims-amr
Similar Reports We Have on Aerospace and Defense Industry:
LiDAR drone Market https://www.alliedmarketresearch.com/lidar-drone-market-A10534
Military and Defense Sensor Market https://www.alliedmarketresearch.com/military-sensors-market-A07157
Aircraft Engine Forging Market https://www.alliedmarketresearch.com/aircraft-engine-forging-market-A265218
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Military Battery Market 2025 Trends : Predicted to Grow at a CAGR of 5% from 2022 to 2031, Report here
News-ID: 4020285 • Views: …
More Releases from Allied Market Research
Banking-as-a-Service Market Forecast to Reach $60 Billion by 2033, Expanding at …
Allied Market Research published a report, titled, "Banking-as-a-Service Market by Component (Platform and Service), Type (API-based Bank-as-a-service, Cloud-based Bank-as-a-service), and Provider (Banks, FinTech Corporations, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the "banking-as-a-service market" was valued at $12.2 billion in 2023, and is estimated to reach $60.0 billion by 2033, growing at a CAGR of 17% from 2024 to 2033.
Get a Sample Copy of…
Driving Simulator Market worth $4.0 Billion, Globally, by 2032 at 7.4% CAGR | AM …
According to the report, the global driving simulator industry generated $2.0 billion in 2022, and is anticipated to generate $4.0 billion by 2032, witnessing a CAGR of 7.4% from 2023 to 2032.
Driving simulator gives the feeling of driving a vehicle even before starting to drive the vehicle. Training for a driving job involved a lot of time on the road or a closed track, whereas driving in a digital space…
FinTech Lending Market Poised for 27.4% CAGR Growth, Key Players, Market Size, S …
FinTech lender checks financial and banking history of individuals & businesses borrowing through FinTech firms. Moreover, to maximize the benefits of borrowing from FinTech lenders, consumers need to provide direct access of records through a cloud-based accounting software package and banking data permissions. In addition, bank permission allows FinTech lenders to run their analytical tools to speed up the credit decisions, which is driving the FinTech Lending market growth.
Allied Market…
Trade Finance Industry Booming: Expected to Hit $90,212 million by 2030 | at 7.4 …
Allied Market Research published a report, titled, "Trade Finance Market by Product Type (Guarantees, Standby Letters of Credit (LCs), Commercial Letters of Credit (LCs), and Others), by Provider (Trade Finance Houses, Banks, and Others), by Application (International and Domestic), and by End User (Traders, Exporters, and Importers): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global trade finance industry was estimated to reach $90,212 million by…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
