Military Ground Vehicle Propulsion System Market Share, Growth Rate Upto 2030

Posted by BIS RSRCH on November 20th, 2020

Over the last decade, the electric and hybrid-electric military ground vehicle propulsion system has witnessed a massive technological transformation providing better traction and on-demand torque immediately at a high speed and emitting lower degree of toxic components as compared to the conventional military ground vehicles. Increasing political instability, conflicts, and terrorism activities, along with increasing border instability inspire countries to strengthen their military ground vehicle capabilities, which in turn drive the market growth for different propulsion systems used in such military ground vehicles.

Currently, small unmanned military ground vehicles with electric propulsion systems are gaining more popularity in explosive ordnance disposal (EOD) applications. The market has considerably evolved in developed regions such as North America and Europe and is gaining popularity in geographies such as the Asia-Pacific and Middle East and Africa (ME&A). However, it is experiencing further growth because of various aspects such as increase in defense budget by various countries; research and development through huge investments for proposed engines.

The market research study offers a wide perspective of the different types and industries pertaining to the global military ground vehicle propulsion system market and analyzes its impact on different regions by providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.

Internal combustion engines (ICEs) have dominated the military ground vehicles in the past decades. The ability of an ICE to provide adequate power, a wide range of speed and payload with ease, has been a major contributing factor in dominance of the ICE market. However, in order to minimize CO2 emissions and the mitigation of exhaust pollutants, there is a significant need for modernizing conventional engine with improved technology. Use of turbochargers, exhaust gas recirculation (EGR), catalytic converter, direct injection technologies are few well-established means for achieving lower CO2 emission targets and generating more power per engine cycle.

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Active propulsion systems in military ground vehicles are powering the vehicles with full capability, however, there still exists a need for advancement toward more electric and hybrid systems which can reduce maintenance cost, idling, fuel use and emissions on a relatively faster pace. Transporting fuel for the battlefield through dangerous routes over long distances is a factor that adds up the fuel cost significantly.

Owing to increased survivability requirements, increased protection measures have been assimilated to the military vehicles which increase overall vehicle weight and in turn lead to decreased reliability, fuel efficiency, and associated vehicle transport capability. Further, burgeoning weight of armor and weapons have also forced the engines to become larger and making the vehicle heavier. Such heavy-weight vehicles have created the need to bring about advancements toward establishing state-of-the-art light-weight military vehicles.

Various types of batteries (lead-acid, nickel-cadmium or iron-nickel Edison cells) present in the vehicles are found to be too heavy and have failed to store the energy required to produce the desired power-levelling effect. One way to reach the goal is to develop the electric motor at about the same size as it is in an internal combustion engine (ICE)-based military vehicle or to have a large battery pack with enough energy storage for the longest anticipated maneuver. Various OEMs are majorly investing in the electric vehicle development programs through partnerships to increase the energy density with improved battery life and hence retain the market share in the industry.

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BIS RSRCH

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BIS RSRCH
Joined: March 5th, 2020
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