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.
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.
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.
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.
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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