About Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV)
Hybrid electric vehicles (HEVs) have a combination of electric and IC power sources, which gives them significantly enhanced performance and mileage compared with heavy-duty, combustion-only, and electric-only vehicles. EVs and HEVs accelerate faster than combustion-only vehicles and can be used as portable generators to power onboard sensors, targeting devices, weapon systems, mobile hospitals, and other command and control (C2) systems.
Technavio’s analysts forecast the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market to grow at a CAGR of 14.17% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market for 2017-2021. To calculate the market size, the report considers new procurements (based on contracts) and new agreements pertaining to the development (manufacturing) of HEVs and EVs by the defense ministries across the globe.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • AeroVironment • BAE Systems • Ford Motor Company • General Motors • Lockheed Martin
Other prominent vendors • Boeing • General Dynamics • Logos Technologies • Magnet Motor • Zero Motorcycles
Market driver • Development of cost-effective vehicles • For a full, detailed list, view our report
Market challenge • Limitations in range and power storage capacity of EVs • For a full, detailed list, view our report
Market trend • Development and use of advanced lithium-ion power sources • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
The India electric three-wheeler market reached a value of US$ 754.5 Million in 2021. Looking forward, the analyst expects the market to reach US$ 1,874.9 Million by 2027, exhibiting a CAGR of 16.25% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect...
The Global All-terrain Vehicle Market size is expected to reach $3.8 billion by 2027, rising at a market growth of 4.2% CAGR during the forecast period. A vehicle equipped with four low-pressure tires and handlebars is known as an all-terrain vehicle (ATV). Known for their sturdiness, off-road characteristics, and flexibility, they...
Global Automotive Inverter Market to Reach $50.1 Billion by 2031 Industry & Technology Overview Global Automotive Inverter Market Industry Overview The global automotive inverter market was estimated to be at $8.3 billion in 2020, which is expected to grow with a CAGR of 17.09% and reach...
The Global SiC Wafer Market was valued at USD 937.2 million in 2021, and it is expected to reach USD 3,719.2 million by 2027, registering a CAGR of 15.3% during the period of 2022-2027. Silicon carbide (SiC) is used for high-power applications, owing to the wide bandgap offered by it. High-performance power ICs are often based on SiC substrates....
The global electric vehicle market size is projected to reach 39,208 thousand units by 2030, from an estimated 8,151 thousand units in 2022, at a CAGR of 21.7%. Governments are supporting EV’s through subsidies & tax rebates for using low emission vehicles and working in collaboration with top automobile manufacturers to speed up growth of...
The Electric Vehicle Market was valued at USD 411.02 Billion in 2021, and it is expected to reach USD 1393.33 Billion by 2027, witnessing a CAGR of 19.19% during the forecast period (2022 - 2027). The impact of COVID-19 on the electric vehicle market was inevitable as it affected almost every other industry in the market. However,...
The global electric scooter and motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Favorable Government policies for electric two-wheelers through subsidies & tax rebates and development towards charging infrastructure together with OEMs, would support growth of...
The Global Metal Magnesium Market was accounted for 956.69 kilotons in 2021 and is expected to grow with a CAGR of 5.80% during the forecast period (2022-2027). The market was negatively impacted by the COVID-19 pandemic in 2020. However, the demand has increased in 2021, due to the rise in consumption from various growing end-user...
Executive Summary The Global Electric Bus Market was valued at USD 33.72 Billion in the year 2021. With the increased disposable income in highly populated countries such as China, Japan, and India, the adoption of Fuel Cell Electric Bus is high. The advancements in Electric buses and increased use of electronic devices...
194 pages •
By Global Industry Analysts
• Feb 2022
Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares -Market presence across multiple geographies - Strong/Active/Niche/Trivial -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.