Global Military Battery Market is valued at USD 1563.1 Million in 2021 and is expected to reach USD 2304.1 Million by 2028 with a CAGR of 5.7% over the forecast period.
Global Military Battery Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028: Increasing demand for lithium-ion batteries among end-users, rising adoption of ground vehicles and UAVs, and advancements in technology used by the defense sector are some of the major factors driving the growth of the Global Military Battery Market.
Military batteries are used to power a variety of devices, from power tools to military portable devices. On military battlefields, lithium-ion batteries have proven to be the most reliable energy source for portable devices. Since military lithium batteries are designed specifically to handle critical military situations, they are not generally available for commercial use. In the military and defense sectors, batteries are used for a variety of purposes, including APUs, backup power, propulsion systems, and ignition systems. In the foreseeable future, increasing military spending on sophisticated weapons, and the growing need for unmanned aerial vehicles for surveillance will increase the demand for these batteries. Military operations are often carried out in remote and inaccessible places, which requires the use of force for many purposes. These military batteries must be strong and able to withstand extreme weather. Military batteries power military electrical equipment as well as ships and submarines. Batteries have been shown to be a beneficial solution in emergency backup situations where power outages can occur. The integration of various emerging electronic gadgets, such as wearable devices for night vision applications, has become popular in the military business.
The Covid-19 pandemic has shown a negative impact on the growth of the global military battery market. During the Covid-19 pandemic, due to the lockdown conditions there is a supply chain disturbance that impacted the production of these batteries. Also, purchaser demand has likewise accordingly decreased as people are currently keener on disposing of unnecessary costs from their respective budgets as the overall financial status of most people have been seriously impacted by this pandemic. However, in the post-Covid situation, the global military battery market is supposed to bloom with the surging demand in different industry areas in the forecast period.
The global military battery market is segmented on the basis of the type, application, composition, energy consumption and region & country level. On the basis of type, the global military battery market is segmented into non-rechargeable batteries and rechargeable batteries. By application, the global market is segmented into auxiliary power units (APU), electro-optics & thermal imaging systems, backup power, communication & navigation systems, fire control systems, propulsion systems, ignition systems, and others. By composition, the global military battery market is segmented into lithium, lead-acid, nickel-based, thermal, and others. By energy consumption, the global military battery market is segmented into more than 24 V, 12 -24 V, and less than 12 V.
Some major key players for the global military battery market report cover the prominent players like
On May 17th, 2022; Epsilor’s launched its NATO 6T Li-Ion rechargeable battery in a metal case that meets the safety requirements of MIL-PRF-32565C (US Army Performance specification). Epsilor's 6T battery, which is furnished with a smart Battery Management System (BMS) with self-charging and self-adjusting, is an optimal solution for military-protected vehicles and independent ground vehicles (AGV). It offers the most noteworthy energy density in this classification, along with an extremely high life cycle and comfort cycle and further developed security characters.
On October 12th, 2021; Amprius Technologies, Inc., through its Si-NanowireTM platform, announced a contract award with the US Army's Office of Rapid Capabilities and Critical Technologies (RCCTO), the performance leader in silicon anode Li-ion batteries. The agreement includes 18 months of rapid prototyping efforts, design, development, and certification of state-of-the-art, high-energy-density lithium-ion batteries that will be used in the unmanned aerial vehicle (UAS) applications, such as drone systems used by U.S. forces.
On May 10th, 2019; U.S. Army scientists developed a new type of cathode chemistry that makes batteries safer and more efficient. Soldiers must regularly carry batteries weighing 15 to 20 pounds. But with newer types of cathodes and electrolytes, soldiers carry safer and more efficient batteries of half the weight.
One of the major factors driving the growth of the global military battery market is the increasing demand for lithium-ion batteries among the end-users. Lithium-based batteries have an essentially better power density and are a lot lighter than alkaline and carbon-zinc batteries. In military applications, rechargeable lithium-ion batteries are utilized. This battery is involved by the military for various purposes, including thermal imagers, thermal cameras, and radios. During the release, the battery moves lithium particles from the negative electrode to the positive electrode, and during charging, the battery does the inverse. High power density military batteries are supplanting standard batteries in an assortment of military applications, including air safeguard and electronic fighting equipment. For instance; as per the news published, on March 21st, 2022; The U.S. government has announced the launch of a national workforce development policy for lithium battery production.
In addition, the rising adoption of ground vehicles and UAVs is also boosting the growth of the military battery market. Unmanned aerial vehicles (UAVs) and man-portable devices have areas of strength for a for high-capacity, long-term batteries that are lightweight, bringing about a decrease in overall system size. The enormous D-sized lithium essential battery packs, which are utilized by military UAVs to ensure their safe arriving during power disappointments, are being supplanted by small-sized and powerful lithium AA batteries. These batteries lessen the general size of UAVs as well as increment their endurance of the UAVs. For example; according to U.S. Department of Defense Consumer, in 2021, UAV shipments are projected to reach 29 million and enterprise UAV shipments which are projected to reach 805,000.
Moreover, the advancement in technology used by the defense sector is another factor boosting the military battery market. Advances in technology used by the defense sector have led to an increase in the use of mountable soldier systems that can carry soldiers on the battlefield. Demand for military batteries from defense forces operating in geographically difficult conditions has increased due to the limitations in carrying power sources and increasing demand for mobile devices. The increase in the number of devices such as radios, thermal imagers, sensors, and weapons in the soldier system has led to an increase in the demand for easily carried military batteries.
However, the high cost associated with military battery is may hinder the growth of the global military battery market. In spite of that, increasing demand for solid-state-based batteries and rechargeable military batteries may create more opportunities for the further growth of the market.
Geographically, Europe is expected to capture a major share in the global military battery market within the forecast period due to the increasing demand for lithium-ion batteries, rising use of a lightweight and high-power density batteries, and growing demand for defense platforms in this region. Increasing demand for lithium-ion batteries is driving the growth of the market. For instance; as per the news published on June 25th, 2018; Lincad launched a new battery power management system for the most demanding military environments. In addition, the rising use of lightweight and high-power density batteries is another factor boosting the market growth. The military battery industry is driven by the increasing use of lightweight and high-power density batteries in sophisticated military systems. The increasing use of sophisticated systems, such as air defense systems and electronic warfare systems, by defense forces has led to a growing worldwide demand for lightweight and high-power military batteries.
North America is expected to show significant growth in the global military battery market due to growing technological advancements and increasing government funding in this region. For example; in May 2021, Ultralife, alongside three different organizations, won a firm-fixed-cost indefinite-delivery/ indefinite-quantity from the U.S. Army for providing conformal wearable batteries. The agreement was granted by the U.S. Army under its Tactical Power Generation Program.
Middle East and Africa
|2018 - 2021
|2022 - 2028
|Market Size in 2021:
|USD 1563.1 Million
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 2304.1 Million
|Tables, Charts & Figures:
|Military Battery Companies
|Arotech Corporation, Kokam by SolarEdge, BST Systems, Inc., EaglePicher Technologies, ENERSYS, BREN-TRONICS, Inc., Concorde Battery, Denchi Group Ltd, Saft Groupe SAS, Teledyne Technologies Incorporated, and others.
|By Type, By Application, By Composition, By Energy Consumption
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
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