In a recent research report by Maximize Market Research, the Global Military Battery Market is expected to surpass US $ 3.39 billion by the year 2027, from US $2.38 billion in 2020.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 5.2%, during the tenure of 2020 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value-Chain analysis, and the PORTER’s analysis for the Charge Storage Devices market at a global level.
The study is consolidated on the basis of six major segments and further into sub-segments, By Type (Rechargeable, Non-rechargeable), By Offering (Product, Service), By Composition (Lithium Battery, Lead Acid Battery, Nickel Battery, Thermal Battery, Others), By Platform (Land, Marine, Aviation, Space, Munitions), By Energy Consumption (Less than 12 V, 12-24 V, More than 24 V), and By End User (OEM, Aftermarket) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players- Saft Group SA, Ultralife Corporation, Bren-Tronics Inc., EnerSys, Arotech Corporation, Eagle Picher Technologies, BAE Systems PLC, General Dynamics, Cell-Con, Kokam, Mathews Associates, BST Systems, Inc., Concorde, Denchi Power, Navitas Systems LLC, BYD Co. Ltd., Teledyne Battery Products.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Military Battery Market.”
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