“Military Battery Technologies market worth US$2,543 million in 2019” says Visiongain report
13 June 2019
Visiongain’s new report the Military Battery Technologies Market Report 2019-2029: Forecasts & Analysis by Power Density (Less than 100 Wh/kg, 100 to 200 Wh/kg, and More than 200 Wh/kg), by Battery Type (Lead Acid Battery, Nickel Battery, Lithium Battery, Thermal Battery, and Others), by Geography (America, Asia Oceania, Europe, Rest of World) Plus Profiles of Leading Companies indicates that the global Military Battery Technologies market will reach US$ 2,543 m in 2019.
The lead analyst of the report said: "The Military Battery Technologies will represent significant revenue growth rate over the forecast period. The Research and Development in Military Battery Technologies Systems has increased in recent years owing to relatively increase in the demand from military agencies globally. The Military Battery Technologies includes military batteries procured by the defence agencies worldwide for military applications such as radios, GPS devices, military vehicle electronic systems, guidance systems for rockets and missiles, smart ammunition, torpedoes, mines, sonobuoys, unattended ground sensors, UAVs, artillery fuses, active decoy systems, trajectory correction add-on kits, proximity fuses for bombs and sensors for dispersed munitions. In a modern high-tech defence context, where powered devices are ubiquitous across all possible military theatres and operational scales, the ability to deliver that power is obviously critically important. Accordingly, there is significant interest in the potential for new energy material batteries to improve existing and enable new defence capabilities. Many defence applications are at the forefront of technical capacity. For instance, directed energy weapons require vastly higher power density than any civilian purpose, while the energy density needs of a battery powered submarine are far in advance of any electric vehicle. Such demand, coupled with government defence procurement budgets and grants processes, presents an attractive market for battery manufacturers."
The 180+ page report contains 100+ tables, charts and graphs that add visual analysis in order to explain developing trends within the Military Battery Technologies market. Visiongain provides Military Battery Technologies Spending forecasts for the period 2019-2029 for the Military Battery Technologies submarkets, by Battery Type and Power Density. The report also includes forecasts for the sub-segments by prominent countries including Australia, China, Japan, Russia, U.S., U.K, Germany, France, India, Israel, and Italy.
The report also offers analysis for 10 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field in Military Battery Technologies Market.
The Military Battery Technologies Market Report 2019-2029 report will be of value to anyone who wants to better understand the Military Battery Technologies market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Military Battery Technologies industry.
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