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Military Power Solutions Market by Type (Portable, Non-Portable), Source (Batteries, Generators, Fuel Cells, Solar Power, Energy Harvesters), Application (Air, Land, Naval), Wattage (Low, Medium, and High Power) and Region - Global Forecast to 2022

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Date: 28-Mar-2017
No. of pages: 161
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“Increasing defense electronics budget is expected to be one of the key factors expected to drive the market”

The military power solutions market is projected to reach USD 9.01billion by 2022, at a CAGR of 9.07% during the forecast period. Factors, such as requirement for durable and maintenance free power sources power solution for military is expected to drive the growth of the military power solutions market.

“The portable segment is expected to witness highest growth during the forecast period”

The portable segment is expected to witness highest growth, owing to the increasing demand for portable power sources in applications, such as soldiers, UAVs, and vehicles, among others. Military forces across the globe demand compact sources of power that can provide high energy density for a longer time-period. The power sources should also be safe and rugged to withstand the harsh environment.

“The fuel cells segment is projected to witness highest growth during the forecast period.”

Fuel cells are being used extensively in the battlefield. These cells are replacing the batteries and generators due to their benefits, such as safety, reliability, noise-reduction, and high energy density. Fuel cells are used in various applications, such as soldiers, UAVs, and ground vehicles, among others.

“North America is estimated to be the largest market for military power solutions in 2016”

North America is expected to be the largest market for military power solutions, owing to the high defense spending by the U.S. Increasing demand for lightweight and energy efficient power sources is expected to fuel the market for military power solutions in the region. Major players are making significant investments in research and development to develop advanced military power solutions.

Some of the key manufacturers and suppliers of military power solutions in this region include Raytheon Company (U.S.), Arotech Corporation (U.S.), Advanced Conversion Technology, Inc. (U.S.), Concorde Battery Corporation (U.S.), and Energy Technologies, Inc. (U.S.), among others.

Break-up of profile of primary participants in the military power solutions market:


  • By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%

  • By Designation – C level – 35%, Director level – 25%, Others – 40%

  • By Region – North America - 45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%


Major companies profiled in the report include Arotech Corporation (U.S.), SAFT Groupe SA (France), SFC Energy AG (Germany), Concorde Battery Corporation (U.S.), and Energy Technologies, Inc. (U.S.), among others.

Research Coverage:

This research report categorizes the military power solutions market based on type (portable, non-portable), source (batteries, generators, fuel cells, solar power, energy harvesters), application (air, land, naval), wattage (low, medium, and high power) and maps these segments and sub segments across major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

Reasons to buy this report:

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, company profiles, emerging and high-growth segments of the market, high-growth regions, and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on military power solutions offered by top players in the market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the military power solutions market

  • Market Development: Comprehensive information about lucrative markets – the report analyzes the markets for military power solutions across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the military power solutions market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the military power solutions market

Military Power Solutions Market by Type (Portable, Non-Portable), Source (Batteries, Generators, Fuel Cells, Solar Power, Energy Harvesters), Application (Air, Land, Naval), Wattage (Low, Medium, and High Power) and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Factor Analysis
2.2.1 Demand-Side Analysis
2.2.1.1 Growing Defense Budgets of Emerging Nations
2.2.1.2 Global Militarization Index
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions
2.5.1 Assumptions of the Research Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Military Power Solutions Market
4.2 Military Power Solutions Market, By Source
4.3 Military Power Solutions Market, By Type
4.4 Military Power Solutions Market, By Application
4.5 Military Power Solution Markets, By Wattage
4.6 Market Share and Growth Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Military Power Solutions Market, By Type
5.2.2 Military Power Solutions Market, By Source
5.2.3 Military Power Solutions Market, By Application
5.2.4 Military Power Solutions Market, By Wattage
5.2.5 Military Power Solutions Market, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Defense Electronics Budget
5.3.1.2 Emergence of Modern Warfare Techniques
5.3.1.3 Requirement for Durable and Maintenance Free Power Sources
5.3.1.4 Increasing Demand for Portable Power Solution
5.3.2 Restraints
5.3.2.1 Declining Defense Budgets of Developed Countries
5.3.2.2 High Cost of Thermoelectric Materials
5.3.2.3 Stringent Military Regulations
5.3.2.4 Inefficiency to Generate High Output Power
5.3.2.5 High Initial Cost of Deployment
5.3.3 Opportunities
5.3.3.1 Need for Safe and Reliable Power Solution
5.3.3.2 Increasing Popularity and Need for Renewable Sources of Energy
5.3.3.3 Increasing Demand for UAVS Which Require Long-Lasting Power Supply
5.3.3.4 Inclination of Defense Bodies Towards Miniaturized Power Sources
5.3.3.5 High-Efficiency Material Reshaping the Thermoelectric Generators Market
5.3.4 Challenges
5.3.4.1 Replacement of Batteries and Generators By Renewable Energy Sources
5.3.4.2 Underdeveloped Nuclear Power Technologies

6 Industry Trends
6.1 Introduction
6.2 Technology Evolution
6.3 Emerging Trends
6.3.1 Fuel Cells
6.3.2 Solar Power
6.3.3 Nuclear Power Battery
6.4 Porter’s Five Forces Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry
6.5 Innovation & Patent Registrations

7 Military Power Solutions Market, By Type
7.1 Introduction
7.2 Portable
7.3 Non-Portable

8 Military Power Solutions Market, By Source
8.1 Introduction
8.2 Batteries
8.2.1 Lithium-Based Batteries
8.2.2 Nickel-Based Batteries
8.2.3 Others
8.3 Fuel Cells
8.4 Solar Power
8.5 Generators
8.6 Energy Harvesters

9 Military Power Solutions Market, By Application
9.1 Introduction
9.2 Air
9.3 Land
9.4 Naval

10 Military Power Solutions Market, By Wattage
10.1 Introduction
10.2 Low Power
10.3 Medium Power
10.4 High Power

11 Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 By Type
11.2.2 By Source
11.2.3 By Application
11.2.4 By Wattage
11.2.5 By Country
11.2.5.1 U.S.
11.2.5.1.1 By Type
11.2.5.1.2 By Source
11.2.5.1.3 By Application
11.2.5.2 Canada
11.2.5.2.1 By Type
11.2.5.2.2 By Source
11.2.5.2.3 By Application
11.3 Europe
11.3.1 By Type
11.3.2 By Source
11.3.3 By Application
11.3.4 By Wattage
11.3.5 By Country
11.3.6 U.K.
11.3.6.1 By Type
11.3.6.2 By Source
11.3.6.3 By Application
11.3.7 France
11.3.7.1 By Type
11.3.7.2 By Source
11.3.7.3 By Application
11.3.8 Germany
11.3.8.1 By Type
11.3.8.2 By Source
11.3.8.3 By Application
11.3.9 Italy
11.3.9.1 By Type
11.3.9.2 By Source
11.3.9.3 By Application
11.3.10 Rest of Europe
11.3.10.1 By Type
11.3.10.2 By Source
11.3.10.3 By Application
11.4 Asia-Pacific
11.4.1 By Type
11.4.2 By Source
11.4.3 By Application
11.4.4 By Wattage
11.4.5 By Country
11.4.5.1 China
11.4.5.1.1 By Type
11.4.5.1.2 By Source
11.4.5.1.3 By Application
11.4.5.2 Japan
11.4.5.2.1 By Type
11.4.5.2.2 By Source
11.4.5.2.3 By Application
11.4.5.3 South Korea
11.4.5.3.1 By Type
11.4.5.3.2 By Source
11.4.5.3.3 By Application
11.4.5.4 India
11.4.5.4.1 By Type
11.4.5.4.2 By Source
11.4.5.4.3 By Application
11.4.5.5 Rest of APAC
11.4.5.5.1 By Type
11.4.5.5.2 By Source
11.4.5.5.3 By Application
11.5 Rest of the World
11.5.1 By Type
11.5.2 By Source
11.5.3 By Application
11.5.4 By Wattage
11.5.5 By Country
11.5.5.1 Saudi Arabia
11.5.5.1.1 By Type
11.5.5.1.2 By Source
11.5.5.1.3 By Application
11.5.5.2 Brazil
11.5.5.2.1 By Type
11.5.5.2.2 By Source
11.5.5.2.3 By Application
11.5.5.3 Israel
11.5.5.3.1 By Type
11.5.5.3.2 By Source
11.5.5.3.3 By Application
11.5.5.4 Others
11.5.5.4.1 By Type
11.5.5.4.2 By Source
11.5.5.4.3 By Application

12 Competitive Landscape
12.1 Introduction
12.2 Brand Analysis
12.3 Rank Analysis
12.4 Competitive Situations and Trends
12.4.1 Contracts
12.4.2 New Product Launches
12.4.3 Partnerships, Expansions, and Acquisitions

13 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Raytheon Company
13.3 Saft Groupe S.A.
13.4 Enersys Inc.
13.5 Arotech Corporation
13.6 SFC Energy AG
13.7 Eaglepicher Technologies, LLC
13.8 Denchi Power Ltd.
13.9 Advanced Conversion Technology, Inc.
13.10 Concorde Battery Corporation
13.11 Energy Technologies, Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables

Table 1 Periodization
Table 2 Defense Market Size (USD Million) and CAGR (2016-2021)
Table 3 The Table Below Illustrates the Price Range of Materials Used in Thermoelectric Generators:
Table 4 Batteries Needed for A 5-Day Mission - Team of 4 Soldiers
Table 5 Innovation & Patent Registrations, 2016
Table 6 Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 7 Portable Segment, By Region, 2014-2022 (USD Million)
Table 8 Non-Portable Segment , By Region, 2014-2022 (USD Million)
Table 9 Military Power Solutions Market, By Source, 2014-2022 (USD Million)
Table 10 Batteries: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 11 Batteries Market, By Type, 2014-2022 (USD Million)
Table 12 Fuel Cells: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 13 Solar Power: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 14 Generators: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 15 Energy Harvesters: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 16 Military Power Solutions Market, By Application, 2014-2022 (USD Million)
Table 17 Air: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 18 Land: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 19 Naval: Military Power Solutions Market, By Region, 2014-2022 (USD Million)
Table 20 Military Power Solutions Market Size, By Wattage, 2014-2022 (USD Million)
Table 21 Military Power Solutions Market Size, By Region, 2014-2022 (USD Million)
Table 22 North America Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 23 North America Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 24 North America Military Power Solution Market Size, By Application, 2014-2022 (USD Million)
Table 25 North America Military Power Solutions Market Size, By Wattage, 2014-2022 (USD Million)
Table 26 North America Military Power Solutions Market Size, By Country, 2014-2022 (USD Million)
Table 27 U.S.: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 28 U.S.: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 29 U.S.: Military Power Solution Market Size, By Application, 2014-2022 (USD Million)
Table 30 Canada: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 31 Canada: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 32 Canada: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 33 Europe Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 34 Europe Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 35 Europe Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 36 Europe Military Power Solutions Market Size, By Wattage, 2014-2022 (USD Million)
Table 37 Europe Military Power Solutions Market Size, By Country, 2014-2022 (USD Million)
Table 38 U.K.: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 39 U.K.: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 40 U.K.: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 41 France: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 42 France: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 43 France: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 44 Germany: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 45 Germany: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 46 Germany: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 47 Italy: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 48 Italy: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 49 Italy: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 50 Rest of Europe: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 51 Rest of Europe: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 52 Rest of Europe: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 53 Asia-Pacific Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 54 Asia-Pacific Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 55 Asia-Pacific Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 56 Asia-Pacific Military Power Solutions Market Size, By Wattage, 2014-2022 (USD Million)
Table 57 Asia-Pacific Military Power Solutions Market Size, By Country, 2014-2022 (USD Million)
Table 58 China: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 59 China: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 60 China: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 61 Japan: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 62 Japan: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 63 Japan: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 64 South Korea: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 65 South Korea: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 66 South Korea: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 67 India: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 68 India: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 69 India: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 70 Rest of APAC: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 71 Rest of APAC: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 72 Rest of APAC: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 73 Rest of the World Military Power Solutions Market, By Type, 2014-2022 (USD Million)
Table 74 Rest of the World Military Power Solutions Market, By Source, 2014-2022 (USD Million)
Table 75 Rest of the World Military Power Solutions Market, By Application, 2014-2022 (USD Million)
Table 76 Rest of the World Military Power Solutions Market, By Wattage, 2014-2022 (USD Million)
Table 77 Rest of the World Military Power Solutions Market, By Country, 2014-2022 (USD Million)
Table 78 Saudi Arabia: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 79 Saudi Arabia: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 80 Saudi Arabia: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 81 Brazil: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 82 Brazil: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 83 Brazil: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 84 Israel: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 85 Israel: Military Power Solutions Market Size, By Source, 2014-2022 (USD Million)
Table 86 Israel: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 87 Others: Military Power Solutions Market Size, By Type, 2014-2022 (USD Million)
Table 88 Others: Military Power Solution Market Size, By Source, 2014-2022 (USD Million)
Table 89 Others: Military Power Solutions Market Size, By Application, 2014-2022 (USD Million)
Table 90 Brand Analysis of Top Players in the Military Power Solution Market
Table 91 Contracts, January 2006–January 2017
Table 92 New Product Launches, November 2009–April 2016
Table 93 Partnerships, Expansions, and Acquisitions, February 2008–October 2016

List of Figures

Figure 1 Military Power Solutions Market: Market Segmentation
Figure 2 Military Power Solutions Market: Research Flow
Figure 3 Military Power Solutions Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Global Militarization Index, By Country, 2015
Figure 6 Market Size Estimation Process: Bottom-Up Approach
Figure 7 Market Size Estimation Process: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Military Power Solutions Market, By Type, 2016 & 2022 (USD Million)
Figure 10 The Batteries Segment Led the Military Power Solutions Market in 2016
Figure 11 North America Was the Largest Market for Military Power Solutions in 2016
Figure 12 Contracts Was the Key Growth Strategy, Between January 2006 and January 2017
Figure 13 Increase in Defense Electronics Spending is Expected to Drive the Market Growth During the Forecast Period
Figure 14 Batteries Segment is Estimated to Lead the Military Power Solutions Market in 2016
Figure 15 Non-Portable Segment to Dominate the Military Power Solutions Market By 2022
Figure 16 Land Application Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Medium Power Segment Projected to Be the Largest Segment By 2022
Figure 18 North America Estimated to Contribute the Largest Share to the Military Power Solutions Market in 2016
Figure 19 Military Power Solutions Market Segmentation, By Type
Figure 20 Military Power Solutions Market Segmentation, By Source
Figure 21 Military Power Solutions Market Segmentation, By Application
Figure 22 Military Power Solutions Market Segmentation, By Wattage
Figure 23 Military Power Solutions Market Segmentation, By Region
Figure 24 Market Dynamics of the Military Power Solutions Market
Figure 25 Global Defense Electronics Market (2007-2016)
Figure 26 Military UAVS Market (2015-2022)
Figure 27 Power Solutions Market
Figure 28 Global Fuel Cell Market, 2014-2021
Figure 29 Porter’s Five Forces Analysis (2016)
Figure 30 The Non-Portable Segment Led the Military Power Solutions Market in 2016
Figure 31 Fuel Cells Segment to Grow at the Highest CAGR During the Forecast Period
Figure 32 Land Application Segment to Grow at the Highest CAGR During the Forecast Period
Figure 33 The Medium Power Segment Led the Military Power Solutions Market in 2016
Figure 34 Military Power Solutions Market: Regional Snapshot, 2016-2022
Figure 35 North America Military Power Solutions Market Snapshot (2016)
Figure 36 Europe Military Power Solutions Market Snapshot (2016)
Figure 37 Asia-Pacific Military Power Solutions Market Snapshot (2016)
Figure 38 Rest of the World Military Power Solutions Market Snapshot (2016)
Figure 39 Companies Adopted Contract as the Key Growth Strategy From January 2006 to January 2017
Figure 40 Revenue and Product-Based Rank Analysis of Top Players in the Military Power Solutions Market
Figure 41 Contract Was the Most Preferred Strategy Adopted By Leading Players From 2014 to 2016
Figure 42 Contract and New Product Launch Were the Key Growth Strategies
Figure 43 Regional Revenue Mix of Top 5 Market Players, 2015
Figure 44 Raytheon Company: Company Snapshot
Figure 45 Raytheon Company: SWOT Analysis
Figure 46 Saft Groupe S.A.: Company Snapshot
Figure 47 SWOT Analysis: Saft Groupe S.A.
Figure 48 Enersys Inc.: Company Snapshot
Figure 49 SWOT Analysis: Enersys Inc.
Figure 50 Arotech Corporation: Company Snapshot
Figure 51 SWOT Analysis: Arotech Corporation
Figure 52 SFC Energy AG: Company Snapshot
Figure 53 SWOT Analysis: SFC Energy AG

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