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Next Generation Military Power Supply Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Military equipments require technically superior and efficient power supply compared to commercial power sources. Unlike the commercial power sources, the military power supplies need to be reliable as they are used for powering military aircrafts, ships and other critical equipments. The market is expected to grow significantly during the forecast period.

There are several factors driving the demand for military power supplies globally. These power supplies are reliable and rugged. In addition, the military grade power supplies are engineered to have longer mean time between failures (MTBF) compared to commercial power sources. Moreover, the power supplies are designed in such a manner that an imminent system failure can be identified before the failure happens in order to take necessary measures. Furthermore, the military power supplies have to meet the quality regulations in terms of design and specification in order to be exceptionally reliable. Going further, these power supplies are able to withstand extreme conditions such as water corrosion, electromagnetic interference and excessive heat. In addition, these power supplies support a wide range of electronic devices and include three modes of operation: normal, abnormal and emergency as per the situation. Moreover, the military power supplies are adaptable everywhere and be used with any voltage rating across the globe. In addition, these power supplies can also be used for commercial applications which are operated in harsh conditions. Another factor driving the demand for military power supplies is the operational safety associated with it. These power supplies are designed in such a manner that they can prevent complications arising from accidental contact with exposed power supplies such as strips or bars while operating in water sources. These factors are primarily driving the demand for military power supplies globally.

However, a major restraint hindering the growth of the market is the cost of these military grade power supplies. Nevertheless, the ongoing technological innovations are expected to lower the price of the components in future. This is expected to lower the overall price of the military power supplies significantly.

The global market for military grade power supplies has been segmented by product types and geography. By types the military power supplies market can be segregated into AC to DC power supplies, DC DC power supplies and EMI filtering among others. AC DC power supplies segment is expected to witness robust growth owing to their extensive demand in North America and European region. Furthermore, the EMI filtering solutions is expected to witness robust growth over the forecast period owing to the smaller size compared to other brick filter modules. Furthermore, the product is packaged on a PCB module to compliment the commercial off the shelf (COTS) DC DC modules. These factors are expected to drive the demand significantly during the forecast period.

By geography, the global next generation military power supplies market can be bifurcated into five strategic regions which include North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Europe is expected to dominate the market during the forecast period. The regions include developed economies which include the U.S., the U.K., Germany and France among others who are constantly focusing on upgrading their defense capabilities. Furthermore, these regions are also the early adapters of new technology. Hence the regions are expected to drive the demand for next generation military supplies significantly. However, Asia Pacific has been identified to be one of the most attractive regions during the forecast period. The region hosts developing economies such as India and China which are investing heavily towards their defense capabilities. Hence the region is expected to witness robust growth during the forecast period.

The leading players in the global next generation military power supplies market include XP Power, Advanced Conversion Technology, Prime Power, Eaton Corporation and Aegis Power Systems, inc. among other emerging players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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