Next Generation Military Power Supply - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Next Generation Military Power Supply market is accounted for $11,705.19 million in 2018 and is expected to reach $21,519.51 million by 2027 growing at a CAGR of 7.0% during the forecast period. Rising trend of incorporating digital power management and control solutions in military power supply products is driving the market growth. However, the lack of stability in next generation memory solutions is restraining the growth of the market.
The next generation military power supply is capable of ensuring long cycles of use with minimal maintenance. It is being widely adopted in the military sector due to its beneficial features such as the ability to achieve seamlessly in a selection of intense climates and harsh terrains.
Based on the end user, land segment is likely to have a huge demand owing to legislation regarding pollution control which demands better fuel efficient aerial military vehicles and the development of advanced military aircrafts and vehicles in the military power supply market. On the basis of geography, Asia Pacific is estimated to have a huge demand during the forecast period due to ongoing technological innovations in the military power supply market.
Some of the key players in Next Generation Military Power Supply Market include XP Power, Advanced Conversion Technology, Eaton Corporation, Aegis Power System, TDK-Lambda Americas, Abbott Technologies, AGMA Power Systems, Mitsubishi Electric, Energy Technologies, Synqor, Prime Power, Powerbox International, Milpower Source, and Astrodyne TDI.
• Non Programmable
System Types Covered:
• Integrated Power Modules
• Discrete Power Supply System
• System Type Comparison Matrix
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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