Dublin, Jan. 31, 2025 (GLOBE NEWSWIRE) — The “Military Power Solutions Market – Global Industry Size, Share, Trends Opportunity, and Forecast, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The Military Power Solutions Market was valued at USD 8.32 Billion in 2024, and is expected to reach USD 13.59 Billion by 2030, rising at a CAGR of 8.52%
The Global Military Power Solutions market has witnessed substantial growth in recent years, driven by the increasing demand for advanced power systems in military applications. As defense forces worldwide continue to modernize their operations, the need for reliable, efficient, and high-performance power solutions has become paramount. These solutions encompass a wide range of technologies including batteries, fuel cells, generators, and renewable energy systems, designed to support various military operations from remote outposts to advanced combat scenarios.
The shift towards more sophisticated and energy-dense systems is influenced by the rising complexity of modern warfare, which demands greater power reliability and mobility. One of the critical factors propelling the growth of the military power solutions market is the ongoing technological advancements in energy storage and power management systems.
Innovations such as high-capacity batteries and compact, lightweight power units have significantly enhanced the operational capabilities of military forces. These technologies enable longer mission durations, increased operational efficiency, and improved performance of various military equipment such as unmanned vehicles, communication systems, and portable electronic devices. Additionally, the integration of renewable energy sources like solar and wind power into military bases and field operations is gaining traction, offering sustainable and resilient power alternatives in various operational environments.
In March 2023, the Indian Ministry of Defense (MoD) finalized a contract valued at USD 2.39 billion with Indian shipyards to acquire 11 next-generation offshore patrol vessels and six succeeding-generation missile vessels for the Indian Navy. Additionally, contracts worth over USD 1.11 billion were awarded for enhancing the Akash Weapon System and procuring 12 Swathi (Plains) weapon locating radars for the Indian Army. India also plans to replace its aging T-72 tanks with next-generation future tanks through the Future Ready Combat Vehicle program, aiming to induct approximately 1,700 new tanks over the next decade. These initiatives reflect India’s response to heightened geopolitical tensions and underscore its ambitious military modernization efforts, which are expected to drive significant demand for advanced military power solutions.
Electrification of Military Platforms
The electrification of military platforms is an emerging trend focused on integrating electric and hybrid-electric systems into military vehicles, aircraft, and ships. This shift offers significant benefits, including the reduction of harmful emissions and a greater emphasis on energy efficiency, which is crucial for modern warfare strategies. Electric and hybrid systems can improve stealth capabilities by reducing noise and heat signatures, making assets less detectable. Electrification also enables smoother operations, as fewer mechanical components reduce the likelihood of mechanical failures. Additionally, these systems support the growing trend of autonomous vehicles and drones.
As the demand for environmentally friendly solutions increases, the electrification of military platforms is expected to continue growing, aligning with global sustainability goals while enhancing military effectiveness. For instance, In August 2023, Liquid Piston received a contract from the US Army and the US Air Force to create rotary engines intended to replace the 30,000 small tactical generator sets currently operational and to provide power for drones. The company’s high-efficiency hybrid cycle (HEHC) rotary engines utilize an innovative architecture and a distinct thermodynamic cycle. This design makes them highly efficient for compact power generation and powertrain applications where size, weight, and power (SWaP) are essential considerations.
Lithium-Ion Battery Advancements
Lithium-ion batteries are a central component of military power solutions due to their high energy density, lightweight design, and efficiency. Their ability to store large amounts of energy in a compact form makes them ideal for powering portable devices, vehicles, and aerial platforms. The ongoing advancements in lithium-ion battery technology are focused on enhancing energy storage capacity and reducing charging times.
These improvements allow military platforms to operate for extended periods without requiring frequent recharging, which is critical for mission success. Additionally, faster charging capabilities minimize downtime, ensuring readiness during critical moments. The trend also involves increasing the safety and reliability of these batteries, making them more resilient to extreme environmental conditions. As technology evolves, lithium-ion batteries are expected to become even more integral to military power solutions.
Fuel Cells for Portable Power
Hydrogen fuel cells are gaining prominence in the military as an alternative power source due to their high energy density and long operational duration. These fuel cells offer the advantage of extended runtime, making them ideal for powering portable systems such as soldiers’ gear, unmanned aerial vehicles (UAVs), and remote equipment in the field. Fuel cells operate efficiently in harsh conditions, providing a reliable power source even in extreme temperatures, which is often a challenge for conventional batteries.
The development of portable fuel cell systems is enhancing the energy independence of military personnel, reducing the need for frequent fuel resupply. This is particularly beneficial in remote or conflict zones where logistics can be complicated. As fuel cell technology improves, their integration into military operations is expected to increase, offering a sustainable and durable alternative to traditional power solutions.
Segmental Insights
Type Insights
The portable segment dominated the military power solutions market due to its critical role in ensuring operational efficiency, flexibility, and autonomy for modern armed forces. Portable power solutions are indispensable in field operations, where mobility and rapid deployment are paramount. These solutions, including lightweight batteries, compact generators, and advanced solar chargers, allow military personnel to power communication devices, navigation systems, and tactical equipment without reliance on static infrastructure.
The growth of this segment is driven by advancements in energy storage technologies, such as lithium-ion and solid-state batteries, which offer higher energy density, longer operational life, and reduced weight. Additionally, innovations in fuel cells and portable solar panels further enhance the usability of these solutions by providing sustainable and efficient energy sources.
The increasing adoption of wearable technologies and autonomous systems in military operations amplifies the demand for portable power sources. As soldiers rely on wearable devices for situational awareness and health monitoring, lightweight and durable power solutions become essential for prolonged missions. Similarly, portable power systems support unmanned vehicles, drones, and sensors in remote and hostile environments.
The focus on reducing the logistical footprint in military campaigns has spurred investments in compact, multifunctional power units that are easy to transport and deploy. This aligns with the growing emphasis on rapid mobility and operational readiness, positioning the portable segment as a cornerstone of modern military power solutions.
Regional Insights
North America dominated the military power solutions market due to its advanced defense infrastructure, significant defense budgets, and ongoing investments in technological innovations. The United States, in particular, plays a pivotal role in driving market growth, as it is one of the largest military spenders globally. This extensive defense expenditure supports the development and procurement of cutting-edge power solutions that are critical for modern military operations.
The region’s dominance is also fueled by a high demand for portable, reliable, and efficient power solutions in various military applications, such as communication systems, tactical equipment, and unmanned vehicles. North America’s military forces prioritize energy-efficient, lightweight, and durable solutions, often leading the way in adopting new technologies such as lithium-ion batteries, fuel cells, and advanced solar power systems.
North America is home to numerous defense contractors and research institutions that collaborate on developing next-generation power systems. The strong presence of defense manufacturers in the U.S. and Canada facilitates the integration of military power solutions into a wide array of platforms, from ground vehicles to aerial drones and naval assets.
The region’s focus on enhancing operational readiness and the ability to execute rapid, mobile missions also drives the demand for reliable military power solutions. With its emphasis on technological superiority and innovation, North America remains a leader in developing and implementing power systems that support both conventional and unconventional military operations. These factors collectively position North America as the dominant region in the military power solutions market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 185 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $8.32 Billion |
| Forecasted Market Value (USD) by 2030 | $13.59 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
Report Scope:
Key Market Players
- Enersys (EH Europe GmbH)
- Arotech Corporation
- SFC Energy AG
- RTX Corporation
- Saft Groupe SAS
- EaglePicher Technologies, LLC
- Denchi Group Ltd
- Concorde Battery Corporation
- Cummins Inc.
- Eniquest
Military Power Solutions Market, By Type:
Military Power Solutions Market, By Source:
- Batteries
- Generators
- Other Sources
Military Power Solutions Market, By Platform:
Military Power Solutions Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe & CIS
- France
- Germany
- Spain
- Italy
- United Kingdom
- Asia-Pacific
- China
- Japan
- India
- Vietnam
- South Korea
- Thailand
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- South America
- Brazil
- Argentina
For more information about this report visit https://www.researchandmarkets.com/r/je6afg
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- Military Power Solutions Market
