COVID-19 Impacts: Global Military Battery Market Will Accelerate at a CAGR of Almost 4% Through 2020-2024 | Development of Efficient Battery Technologies to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Military Battery Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the global military battery market size and it is poised to grow by USD 367.84 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arotech Corp., Bren-Tronics Inc., Denchi Power Ltd., EaglePicher Technologies LLC, EnerSys, GS Yuasa Corp., Kokam Co. Ltd., Teledyne Technologies Inc., Total SA, and Ultralife Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The development of efficient battery technologies has been instrumental in driving the growth of the market. However, the necessity for adherence to military standards might hamper the market growth.

Military Battery Market 2020-2024 : Segmentation

Military Battery Market is segmented as below:

  • Technology
    • Rechargeable Batteries
    • Non-rechargeable Batteries
  • Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44553

Military Battery Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our military battery market report covers the following areas:

  • Military Battery Market size
  • Military Battery Market trends
  • Military Battery Market industry analysis

This study identifies the increase in battery recycling as one of the prime reasons driving the military battery market growth during the next few years.

Military Battery Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the military battery market, including some of the vendors such as Arotech Corp., Bren-Tronics Inc., Denchi Power Ltd., EaglePicher Technologies LLC, EnerSys, GS Yuasa Corp., Kokam Co. Ltd., Teledyne Technologies Inc., Total SA, and Ultralife Corp. Backed with competitive intelligence and benchmarking, our research reports on the Military Battery Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Military Battery Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist military battery market growth during the next five years
  • Estimation of the military battery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the military battery market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of military battery market vendors

Table Of Contents :

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Rechargeable batteries - Market size and forecast 2019-2024
  • Non-rechargeable batteries - Market size and forecast 2019-2024
  • Market opportunity by Technology

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Arotech Corp.
  • Bren-Tronics Inc.
  • Denchi Power Ltd.
  • EaglePicher Technologies LLC
  • EnerSys
  • GS Yuasa Corp.
  • Kokam Co. Ltd.
  • Teledyne Technologies Inc.
  • Total SA
  • Ultralife Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Military Battery Market will grow by $367.84 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/