Military Batteries Market Size, Share and Russia & Ukraine War Impact Analysis, By Platform (Airborne, Ground, and Marine), By Type (Rechargeable and Non- Rechargeable, Propulsion, and Non-propulsion), By Composition (Lithium-based, Nickel-based, Thermal, Lithium Sulphur Oxide, Lithium Manganese Oxide, and Others), By Voltage (Below 12 V, 12v-14v, and Above 14V), By Installation (OEM and Aftermarket) and Regional Forecast, 2024-2032

The military batteries market is predicted to display commendable progress during the forecast period of 2024-2032. These batteries are made specifically designed and manufactures for various military operations. Moreover, they are designed to withstand tough conditions such as extreme weather and temperatures. Military batteries are mainly used to charge various devices such as communication systems, night vision devices, GPS devices, radios, weapons, and other military equipment.

The growth of the military battery industry is driven by increasing in military expenditure by governments worldwide. Many of the countries are investing heavily to modernize and to increase their military power.  Additionally, the growing demand for portable power is also catalyzes the market growth in the forecast period.

Moreover, increasing use of unmanned systems such as Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Unmanned Maritime Vehicles (UMVs), has significantly increased the demand for military batteries. These unmanned systems depend mainly on batteries for working. Furthermore, rising demand for lightweight and compact solutions, increasing demand for hybrid and electric military vehicles also expected to drive the military batteries market growth.

However, high costs associated with environmental impact and sustainability are anticipated to hinder the growth of the market in forecast period.

Impact of the Russia-Ukraine War on Military Batteries Industry:

The Russia-Ukraine war has significant on the global military battery industry. The conflict has increased the demand for military batteries to support essential equipment and communication systems used in the war zone. Both countries are increased their military expenditure in order to support the war operations including equipment and other sources. Additionally, the conflict has prompted increased investments in advanced technologies and equipment. However, there are disruptions in the supply chain which leads to delays in production and distribution.

The military batteries market are segmented into six sections. By platform, it is segmented into air, ground, and marine. By type, it is divided into rechargeable, non- rechargeable, propulsion, and non-propulsion. By composition, the market is divided into lithium-based, nickel-based, lead-acid, thermal, and others. By voltage segmented into Below 12 V, 12 V – 14 V, and above 14 V. By installation, the market is bifurcated into OEM and aftermarket.

Key Insights:

The report will cover the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the military batteries market based on various segments.


• After evaluating economic, social, political, and technological factors affecting the military batteries market, the report also analyzes comprehensive PEST analysis for all four regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World.

Regional Analysis:

To gain extensive insights into the market, Request for Customization

According to regional analysis, North America is to lead in the global military battery sector with widespread adoption across various industries; meanwhile, Europe is another significant market for military battery, and Asia Pacific represents a substantial growth opportunity for military batteries.

Key Players Covered:

• Cell-Con, Inc.


• Denchi Group Limited


• Eagle-Picher Technologies, L.L.C.


• Eco-bat Technologies Limited


• Enersys


• Exide Technologies, L.L.C.


• Lincad Limited


• Saft


• Ultra Life Corporation

Military Batteries Market Segmentation:

Key Industry Developments:

• In August 2022, Enovix Corporation, a prominent company specializing in the design and production of advanced 3D Silicon™ Lithium-ion batteries, has recently received an additional contract. This contract pertains to the construction and testing of customized cells specifically intended for the U.S. Army's Conformal Wearable Battery (CWB), a central power source incorporated into soldiers' vests. The CWB, developed by Inventus Power, plays a crucial role in supplying power to essential communication and navigation equipment used by soldiers.


• In May 2021, the United States Department of Defense awarded a contract to Inventus Power Inc. The contract, valued at USD 1.25 billion over a period of nine years, entails the supply of Conformal Wearable Batteries to the U.S. Army. Invectus Power Inc., a U.S.-based company specialize in the design and manufacture of Li-ion battery packs, smart chargers, and efficient power supplies across a broad range of portable, motive & stationary applications.