MILITARY POWER SOLUTIONS MARKET MILITARY POWER SOLUTIONS MARKET BY TYPE (PORTABLE, NONPORTABLE), SOURCE (BATTERIES, GENERATORS, FUEL CELLS, SOLAR
POWER, ENERGY HARVESTERS), APPLICATION (AIR, LAND, NAVAL), WATTAGE (LOW, MEDIUM, AND HIGH POWER) AND REGION - GLOBAL FORECAST TO 2022
The report "Military Power Solutions Market by Type (Portable, Non-Portable), Source (Batteries, Generators, Fuel Cells, Solar Power, Energy Harvesters), Application (Air,
Land, Naval), Wattage (Low, Medium, and High Power) and Region - Global Forecast to 2022", The military power solutions market is projected to grow from USD 5.35 Billion in 2016 to USD 9.01 Billion by 2022, at a CAGR of 9.07% during the forecast period.
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â– The fuel cells segment is estimated to witness the highest growth during the forecast period
Based on source, the fuel cells segment of the military power solutions market is projected to witness the highest growth during the forecast period, as they have high energy density and are highly durable, even under harsh environments. â– The land segment is estimated to witness the highest growth during the forecast period Based on application, the land segment of the military power solutions market is projected to witness highest growth during the forecast period. The growth of this segment can be attributed to the use of diverse power solutions in electronics devices, such as radios, laser rangefinders, telegraph terminals, global positioning systems, night vision devices, meteorological systems, and early warning sensors. Power solutions are also required to vehicle engines and provide power to electrical equipment on the vehicle, such as radars and radios, among others.
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