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Home > Industrial Markets > Energy > Batteries
North American Military Power Supplies Market
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| Published Date:
December 2007
Published By:
Frost & Sullivan
Page Count:
88
Order Code:
R1-6263
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This Frost & Sullivan research service titled North American Military Power Supplies Market provides an overview of the market revenues of various end-user markets. It covers both AC-DC and DC-DC type of power supplies. It talks in-depth about the market trends, market forecasts, revenue forecasts, and market share analysis for product types and for application segments. In this research, Frost & Sullivan's expert analysts thoroughly examine the following end-user sectors: military ground, navy, aerospace, space, and others.
This analysis is available through our Power Supplies & Batteries Growth Partnership Service program. With this program, clients receive industry-leading market research such as this, along with technical and econometric data and many interactive features including Analyst Inquiry Time and Client Councils.
Modernization of North American Joint Forces Spells Boom Time in Military Power Supplies Market
Increased usage of electronics in the battlefield, supplemented by a hike in budget allocation and military spending, has given a substantial thrust to the military power supplies market in North America. The heightened focus on military readiness has necessitated a greater use of electronics in military systems. Radio communication equipment, night vision goggles, and other such electronic equipment have become essential items in a foot soldier’s backpack. Digitizing the battlefield would improve reaction time and thus save time and lives.
Power supplies have played a huge role in driving the systems aboard military vehicles. "There is a rising need to reduce the size and weight of electronic gear that the troops would carry into the future battlefield," says the analyst of this research service. "Increased acquisition of light armored vehicles, tanks, fighter aircraft, unmanned aerial vehicles, littoral combat ships, and missile defense systems is also expected to aid market growth.
Rising Popularity of Commercial Off-the-shelf Products for Military Applications Lowers Revenue Potential of Power Supplies Market
Customized solutions in military applications have seen a fall in demand due to the rapidly rising popularity of commercial off-the-shelf (COTS) products. This has triggered price wars, as users are content with the more proven COTS products than the lesser known customized ones. This will adversely affect the power supplies market, as users will be reluctant to pay for the engineering cost involved in designing power supplies. This situation can be resolved to an extent by modifying COTS products without compromising on military specifications and requirements.
"Major defense original equipment manufacturers (OEMs) subcontract their power supplies from regular vendors, as it is a cost-effective solution and gives them exposure to a wide range of products," notes the analyst. "It will also enable them to find manufacturers that could meet their custom design demands." Since OEMs have to deal with specific requirements for various applications, they could do well to source the power supply from these niche participants.
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