US Next Generation Military Power Supply Market Fo..
US Next Generation Military Power Supply Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Type (Programmable and Non-Programmable), Power Rating (500W to 1,000W; 1,001W to 5,000W; 5,001W to 10,000W; and 10,000W to 20,000W), System (Discrete Power Supply and Integrated Power Supply), and End Use (Aerial, Land, and Naval)
The US next generation military power supply market is expected to grow from US$ 1,902.3 million in 2021 to US$ 3,503.27 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028.
Electrically powered systems are used extensively in the defense sector, making energy a critical component in supporting defensive and offensive security activities. The military sector demands highly reliable power supply systems since military operations are characterized by durability, reliability, and ruggedness. Due to their ability to perform in severe environments, the demand for next-generation power supplies is increasing.
Defense applications require quality electrical power in the form of three-phase/single-phase AC, 50 Hz/400 Hz and regulated DC power, in general, in the form of 5/12/24/28/48 V. To meet these requirements, power conversion systems such as UPSs, PCSs, and SMPSs must be designed. Servo drives for controlled and desired speed/torque are also required for diverse applications. As a result, having efficient, compact, and dependable power conversion units with high power density to support a diverse range of loads for military systems is critical. In order to achieve high availability, long life, appropriate robustness, and cheap maintenance for such applications, additional effort is needed to improve power electronic systems in terms of reliability. Wideband gap devices in power electronic converters such as Silicon Carbide (SiC) and Gallium Nitride (GaN), can be employed to reduce device losses in prospective defense applications. Furthermore, Acumentrics introduced SmartPDU, a new power distribution system that is expected to provide an optimal operation of shipboard electronic systems, as well as the ability to accommodate upgrades and changes.
Abbott Technologies; AJ?S POWER SOURCE INC.; AstrodyneTDI; Eaton.; AMETEK Intellipower, Inc.; TECHNOLOGY DYNAMICS, INC; Prime Power; SynQor, Inc.; Arnold Magnetic Technologies.; Republic Power Systems; NOVA Power Solutions, Inc.; Milpower Source, Inc.; NOVA ELECTRIC; Acumentrics.; and Clary Corporation are among the major companies operating in the US next generation military power supply market.
Overall size of the US next generation military power supply market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the US Next Generation Military Power Supply market with respect to all the segments pertaining to the country. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the US next generation military power supply market.
TABLE OF CONTENTS
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Next Generation Military Power Supply Market Landscape
4.1 Market Overview
The List of Companies - Next Generation Military Power Supply Market
1. Abbott Technologies