Next Generation Military Power Supply Market (Type - Programmable, and Non-programmable; Component - Hardware, Software, and System Type; End Use - Aerial, Naval, and Land): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : January, 2020

  • Rep Id : AT00172

  • Category : Automotive, Aerospace & Defence

  • Status : Published

A recent report published by Infinium Global Research on next generation military power supply market provides an in-depth analysis of segments and sub-segments in the global as well as regional next generation military power supply market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional next generation military power supply market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global next generation military power supply market. According to the report, the global next generation military power supply market is projected to grow at a CAGR of 5.6% over the forecast period of 2019-2025.

 

Market Insight

The next generation military power supply is capable of ensuring long cycles of use with minimal maintenance. The Military sector requires highly reliable power supply systems with characteristics such as durability, reliability, and ruggedness. Rapid technological changes in the power industry stimulate the growth of next generation military power supply market.


The rising adoption of next generation power supply in the military sector owing to its features such as the ability to perform seamlessly will augment the growth of next generation military power supply market. The increasing need to protect sensitive data from downtime issues and grid power instability is one of the major factors contributing to the growth of the market. Furthermore, commercial off-the-shelf products provide an alternative to enterprises that need to purchase equipment rather than engineering items with specifications. The significant adoption of commercial off-the-shelf technology stimulates the expansion of the market. In the U.S. military, mil-COTS power supplies offer an alternative to application-specific machines and artillery. Additionally, strict legislation regarding air pollution control promotes demand for fuel-efficient military aerial vehicles. On the flip side, lack of stability in next generation memory solutions hampers market growth. Moreover, the growing adoption of universal memory devices creates novel opportunities for the growth of the next generation military power supply market.

 

North America is expected to have a dominant share in the global next generation military power supply market. The rising adoption of military power supply technology in the U.S. contributes to the growth of next generation military power supply market in North America. Asia-Pacific region is anticipated to grow in the next generation military power supply market with a healthy CAGR over the forecast period. The growth of the market in the Asia-Pacific region is attributed to the increasing technological innovations in developing countries in the region. Europe has fruitful growth opportunities in the global next generation military power supply market. The adoption of technological advances in the military sector of Europe led to the growth of next generation military power supply market in Europe.

 

Segment Covered

The report on global next generation military power supply market covers segments such as type, component, and end use. On the basis of type, the sub-markets include programmable, and non-programmable. On the basis of component, the sub-markets include hardware, software, and system type. On the basis of end use, the sub-markets include aerial, naval, and land.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Intel Corporation, Fujitsu Ltd., Adesto Technologies Corp., International Business Machines Corporation, Cypress Semiconductor Corporation, Everspin Technologies, Rambus Inc., Spin Memory, Inc., Texas Instruments Inc., NXP Semiconductors N.V., and other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of next generation military power supply market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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