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Asia Pacific Military Battery Market

Asia Pacific Military Battery Market

Asia Pacific Military Battery Market, By Type (Rechargeable, Non-Rechargeable); By Composition (Lead Acid Battery, Lithium Battery, Nickel Battery, Others); By Platform (Aviation, Land, Marine, Space, Munition); By Application (Propulsion Systems, Auxiliary Power Units, Ignition Systems, Fire Control Systems, Communication & Navigation Systems, Others); By Sales Channel (OEM, Aftermarket); By Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, Rest of Asia Pacific), Trend Analysis, Competitive Landscape & Forecast, 2018–2028

  • Published Date: November 2022
  • Report ID: BWC22524
  • Available Format: PDF
  • Page: 240

Report Overview

Growing use of lightweight, high-power density batteries in complex military systems; increasing military spending on new platforms; use of ground vehicles and unmanned aerial vehicles (UAVs); advances in material science and battery technology; and innovations in smart battery technology are expected to drive the expansion of Asia-Pacific (APAC) military battery market at a steady growth rate during the forecast period between 2022 and 2028.

Asia-Pacific Military Battery Market - Industry Trends & Forecast Report, 2028

Asia-Pacific Military Battery Market size is projected to grow at a CAGR of 6.8% during the forecast period between 2022 and 2028. The Asia-Pacific (APAC) military battery market size is forecast to reach a value of USD 447.2 million by 2028. The demand for modern combat systems built on cutting-edge technologies, an increase in the demand for surveillance drones, and a greater reliance on mobile technologies and remotely operated unmanned machinery are major factors driving the expected growth of the APAC military battery market. The APAC military battery market is also expected to expand in the coming years because of an increase in military spending across the countries brought on by an increase in the number of international conflicts.

Asia-Pacific Military Battery Market – Overview

Military operations are typically carried out in remote and inaccessible areas, and they require power for a variety of applications. The military batteries must be tough and able to withstand extreme weather conditions. Military batteries are used to power various electronic equipment used by military forces, as well as ships and submarines. In emergency backup situations where electricity may fail, the batteries prove to be a useful solution. In the defense sector, the integration of various emerging electronic devices, such as wearable devices for night vision applications, has become popular. These devices must be powered by batteries, increasing the demand for military batteries.

Growth Drivers

Increasing use of lightweight and high-power density batteries in sophisticated military systems

Lithium-ion batteries have a higher power density and are significantly lighter. The rising demand for rechargeable Lithium-ion batteries in defense is expected to propel the growth of APAC military battery market. Rechargeable batteries are becoming more popular in the military, as they become more durable, safer, and have a longer operating life. Although primary battery systems will always have a place in tactical operations and command posts, rechargeables are becoming more popular. Lithium-ion batteries are well suited for these applications, especially when charging outlets are scarce, due to their superior cycle life and wide operating temperature capability. Furthermore, lithium-ion batteries are more likely to be reused after missions due to their increased reliability.

Restraints

Regulations on lithium batteries

When short-circuited, lithium batteries can deliver extremely high currents and are prone to rapid discharge. As a result, the batteries frequently overheat. Lithium-thionyl chloride and lithium cobalt batteries are especially prone to overheat, and a short circuit can cause the batteries to rupture and explode. As a result, the International Air Transport Association (IATA) has imposed some restrictions on the air transportation of lithium batteries. Several postal administrations in countries, such as the United Kingdom, the United States, and Japan have prohibited the transport of lithium batteries by air. Consequently, stringent regulations on handling lithium batteries are anticipated to limit the growth of APAC military batteries market.

Impact of COVID-19 on Asia-Pacific Military Battery Market

Due to the COVID-19 lockdowns’ detrimental effects on battery supply chains, the COVID-19 pandemic has harmed the battery industry globally. Some manufacturers are constantly pursuing different strategies, such as joint ventures and collaborations, to gain a strong position in the market. For example, Indian Oil Corporation and Phinergy established a strategic partnership to implement ground-breaking technologies in the development, production, assembly, and sale of AI-air batteries. Phinergy has continued the development of aluminum-air batteries in the wake of the COVID-19 shutdown to diversify the business's offerings in the market in India. It is expected to accelerate the growth of Asia-Pacific military battery market in a crisis.

Asia-Pacific Military Battery Market

Segmental Coverage

Asia-Pacific Military Battery Market - By Type

By type, Asia-Pacific military battery market is categorized into Rechargeable and Non-Rechargeable. Because of their widespread use in military platforms, rechargeable batteries dominated the global market. This is because rechargeable batteries are light in weight, easy to integrate into compact and light systems, have unrivaled low-temperature performance, and high energy density is compatible with Saft and other military chargers, and have excellent charge recovery after long storage.

Asia-Pacific Military Battery Market - By Composition

On basis of composition, Asia-Pacific military battery market has Lead Acid Battery, Lithium Battery, Nickel Battery, and other segments. Based on composition, the lead-acid segment is expected to hold most of the market during the forecast period. Lead-acid batteries convert chemical energy into electrical power by using sponge lead and lead peroxide. Because of the introduction of lithium-based and nickel-based batteries, the use of these batteries in militaries is declining. Because of the risk of acid spillage, lead-acid batteries are not suitable for use in harsh military warfare conditions. However, because of their low cost and low maintenance requirements, lead-acid batteries are still in use. The market for lead-acid batteries is expected to be driven by rising demand for armored vehicles and military aircraft.

Asia-Pacific Military Battery Market - By Platform

On basis of platform, Asia-Pacific military battery market is divided into Aviation, Land, Marine, Space, and Munition. Based on the platform, the land segment is expected to hold the majority of market share during the forecast period. Any equipment used by militaries or the armed forces for transportation, communication, navigation, or any other function is referred to as a land platform.

Asia-Pacific Military Battery Market - By Application

On basis of user type, Asia-Pacific military battery market is segmented into Propulsion Systems, Auxiliary Power Units, Ignition Systems, Fire Control Systems, Communication & Navigation Systems, and Others.

 Asia-Pacific Military Battery Market – By Sales Channel

On basis of end users, Asia-Pacific military battery market is divided into OEM and Aftermarket. Among them, the OEM segment dominates the market with a higher market share. OEMs create, develop, and produce military batteries for a range of uses and integrate them into systems for airborne, seagoing, and land. The defense industry growth is directly correlated with the military battery market. As military OEMs produce more batteries for military applications, rising military spending has a direct impact on them.

Asia Pacific Military Battery Market

Asia-Pacific Military Battery Market – By Country

In terms of geography, Asia-Pacific military battery market covers major countries in the region: China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, and Rest of Asia Pacific.

Competitive Landscape

Asia-Pacific Military Battery Market is fiercely competitive. Prominent players in the market include GS Yuasa International Ltd., Exide Industries, Airborne, Marine, BYD Auto Co., Panasonic, and Lishen. These market leaders use key strategies, such as new product and service launches, mergers and acquisitions, partnerships, collaborations, and joint ventures. To further grow their market share, these companies are also focusing on investing in innovations and expansions.

Recent Developments

  • In January 2022, Aerospace signed a distribution agreement with Concorde for the distribution of ERJ 135/145 sealed lead-acid (SLA) batteries.

  • In November 2021, Linced won a contract from Thales Group for supplying its SquadNet batteries. The batteries are used for Thales’ networking soldier radios.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2018–2021

Base Year – 2021

Estimated Year – 2022

Forecast Period – 2022–2028

Facts Covered

Revenue in USD Million

Market Coverage

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, Rest of Asia Pacific 

Product/ Service Segmentation

Type, Composition, Platform, Application, Sales Channel, Country

Key Players

GS Yuasa International Ltd., Exide Industries, Airborne, Marine, BYD Auto Co., Panasonic, Lishen

 

By Type

  • Rechargeable
  • Non-Rechargeable

By Composition

  • Lead Acid Battery
  • Lithium Battery
  • Nickel Battery
  • Others

By Platform

  • Aviation
  • Land
  • Marine
  • Space
  • Munition

By Application

  • Propulsion Systems
  • Auxiliary Power Units
  • Ignition Systems
  • Fire Control Systems
  • Communication & Navigation Systems
  • Others

By Sales Channel

  • OEM
  • Aftermarket

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Indonesia
      •  
  • Vietnam
  • Philippines
  • Rest of Asia Pacific
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia Pacific Military Battery Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising adoption of ground vehicles and UAVs
        2. Increased use of lightweight and high-power density batteries in sophisticated military systems
        3. Rising military expenditure on new platforms
      2. Restraints
        1. Regulations on lithium batteries
      3. Opportunities
        1. Advancements in material science and battery technology
        2. Innovations in smart battery technology
      4. Challenges
        1. Design challenges associated with manufacturing batteries
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Bread Improvers Price Trend Analysis, 2018–2021
    6. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia Pacific Military Battery Market Overview
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Rechargeable
        2. Non-Rechargeable
      2. By Composition
        1. Lead Acid Battery
        2. Lithium Battery
        3. Nickel Battery
        4. Others
      3. By Platform
        1. Aviation
        2. Land
        3. Marine
        4. Space
        5. Munition
      4. By Application
        1. Propulsion Systems
        2. Auxiliary Power Units
        3. Ignition Systems
        4. Fire Control Systems
        5. Communication & Navigation Systems
        6. Others
      5. By Sales Channel
        1. OEM
        2. Aftermarket
      6. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Singapore
        6. Malaysia
        7. Australia
        8. Indonesia
        9. Vietnam
        10. Philippines
        11. Rest of Asia Pacific
  5. China Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  6. Japan Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  7. India Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  8. South Korea Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  9. Singapore Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  10. Malaysia Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  11. Australia Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  12. Indonesia Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  13. Vietnam Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  14. Philippines Military Battery Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Composition
      3. By Platform
      4. By Application
      5. By Sales Channel
  15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia Pacific Military Battery Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  16. Impact of Covid-19 on Asia Pacific Military Battery Market
  17. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. GS Yuasa International Ltd.
    2. Exide Industries
    3. Airborne
    4. Marine
    5. BYD Auto Co.
    6. Panasonic
    7. Lishen
    8. Other Prominent Players
  18. Key Strategic Recommendations
  19. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1        Asia Pacific Military Battery Market Segmentation

Figure 2        Asia Pacific Military Battery Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Asia Pacific Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 5        Asia Pacific Military Battery Market Share, By Type, By Value, 2018–2028

Figure 6        Asia Pacific Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 7        Asia Pacific Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 8        Asia Pacific Military Battery Market Share, By Application, By Value, 2018–2028

Figure 9        Asia Pacific Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 10       Asia Pacific Military Battery Market Share, By Country, By Value, 2018–2028

Figure 11       China Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 12       China Military Battery Market Share, By Type, By Value, 2018–2028

Figure 13       China Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 14       China Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 15       China Military Battery Market Share, By Application, By Value, 2018–2028

Figure 16       China Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 17       Japan Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 18       Japan Military Battery Market Share, By Type, By Value, 2018–2028

Figure 19       Japan Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 20       Japan Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 21       Japan Military Battery Market Share, By Application, By Value, 2018–2028

Figure 22       Japan Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 23       India Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 24       India Military Battery Market Share, By Type, By Value, 2018–2028

Figure 25       India Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 26       India Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 27       India Military Battery Market Share, By Application, By Value, 2018–2028

Figure 28       India Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 29       South Korea Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 30       South Korea Military Battery Market Share, By Type, By Value, 2018–2028

Figure 31       South Korea Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 32       South Korea Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 33       South Korea Military Battery Market Share, By Application, By Value, 2018–2028

Figure 34       South Korea Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 35       Singapore Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 36       Singapore Military Battery Market Share, By Type, By Value, 2018–2028

Figure 37       Singapore Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 38       Singapore Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 39       Singapore Military Battery Market Share, By Application, By Value, 2018–2028

Figure 40       Singapore Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 41       Malaysia Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 42       Malaysia Military Battery Market Share, By Type, By Value, 2018–2028

Figure 43       Malaysia Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 44       Malaysia Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 45       Malaysia Military Battery Market Share, By Application, By Value, 2018–2028

Figure 46       Malaysia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 47       Australia Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 48       Australia Military Battery Market Share, By Type, By Value, 2018–2028

Figure 49       Australia Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 50       Australia Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 51       Australia Military Battery Market Share, By Application, By Value, 2018–2028

Figure 52       Australia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 53       Indonesia Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 54       Indonesia Military Battery Market Share, By Type, By Value, 2018–2028

Figure 55       Indonesia Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 56       Indonesia Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 57       Indonesia Military Battery Market Share, By Application, By Value, 2018–2028

Figure 58       Indonesia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 59       Vietnam Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 60       Vietnam Military Battery Market Share, By Type, By Value, 2018–2028

Figure 61       Vietnam Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 62       Vietnam Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 63       Vietnam Military Battery Market Share, By Application, By Value, 2018–2028

Figure 64       Vietnam Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Figure 65       Philippines Military Battery Market Size, By Value (USD Million), 2018–2028

Figure 66       Philippines Military Battery Market Share, By Type, By Value, 2018–2028

Figure 67       Philippines Military Battery Market Share, By Composition, By Value, 2018–2028

Figure 68       Philippines Military Battery Market Share, By Platform, By Value, 2018–2028

Figure 69       Philippines Military Battery Market Share, By Application, By Value, 2018–2028

Figure 70       Philippines Military Battery Market Share, By Sales Channel, By Value, 2018–2028

List of Table

Table 1           Asia Pacific Military Battery Market Share, By Type, By Value, 2018–2028

Table 2           Asia Pacific Military Battery Market Share, By Composition, By Value, 2018–2028

Table 3           Asia Pacific Military Battery Market Share, By Platform, By Value, 2018–2028

Table 4           Asia Pacific Military Battery Market Share, By Application, By Value, 2018–2028

Table 5           Asia Pacific Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 6           Asia Pacific Military Battery Market Share, By Country, By Value, 2018–2028

Table 7           China Military Battery Market Share, By Type, By Value, 2018–2028

Table 8           China Military Battery Market Share, By Composition, By Value, 2018–2028

Table 9           China Military Battery Market Share, By Platform, By Value, 2018–2028

Table 10         China Military Battery Market Share, By Application, By Value, 2018–2028

Table 11         China Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 12         Japan Military Battery Market Share, By Type, By Value, 2018–2028

Table 13         Japan Military Battery Market Share, By Composition, By Value, 2018–2028

Table 14         Japan Military Battery Market Share, By Platform, By Value, 2018–2028

Table 15         Japan Military Battery Market Share, By Application, By Value, 2018–2028

Table 16         Japan Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 17         India Military Battery Market Share, By Type, By Value, 2018–2028

Table 18         India Military Battery Market Share, By Composition, By Value, 2018–2028

Table 19         India Military Battery Market Share, By Platform, By Value, 2018–2028

Table 20         India Military Battery Market Share, By Application, By Value, 2018–2028

Table 21         India Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 22         South Korea Military Battery Market Share, By Type, By Value, 2018–2028

Table 23         South Korea Military Battery Market Share, By Composition, By Value, 2018–2028

Table 24         South Korea Military Battery Market Share, By Platform, By Value, 2018–2028

Table 25         South Korea Military Battery Market Share, By Application, By Value, 2018–2028

Table 26         South Korea Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 27         Singapore Military Battery Market Share, By Type, By Value, 2018–2028

Table 28         Singapore Military Battery Market Share, By Composition, By Value, 2018–2028

Table 29         Singapore Military Battery Market Share, By Platform, By Value, 2018–2028

Table 30         Singapore Military Battery Market Share, By Application, By Value, 2018–2028

Table 31         Singapore Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 32         Malaysia Military Battery Market Share, By Type, By Value, 2018–2028

Table 33         Malaysia Military Battery Market Share, By Composition, By Value, 2018–2028

Table 34         Malaysia Military Battery Market Share, By Platform, By Value, 2018–2028

Table 35         Malaysia Military Battery Market Share, By Application, By Value, 2018–2028

Table 36         Malaysia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 37         Australia Military Battery Market Share, By Type, By Value, 2018–2028

Table 38         Australia Military Battery Market Share, By Composition, By Value, 2018–2028

Table 39         Australia Military Battery Market Share, By Platform, By Value, 2018–2028

Table 40         Australia Military Battery Market Share, By Application, By Value, 2018–2028

Table 41         Australia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 42         Indonesia Military Battery Market Share, By Type, By Value, 2018–2028

Table 43         Indonesia Military Battery Market Share, By Composition, By Value, 2018–2028

Table 44         Indonesia Military Battery Market Share, By Platform, By Value, 2018–2028

Table 45         Indonesia Military Battery Market Share, By Application, By Value, 2018–2028

Table 46         Indonesia Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 47         Vietnam Military Battery Market Share, By Type, By Value, 2018–2028

Table 48         Vietnam Military Battery Market Share, By Composition, By Value, 2018–2028

Table 49         Vietnam Military Battery Market Share, By Platform, By Value, 2018–2028

Table 50         Vietnam Military Battery Market Share, By Application, By Value, 2018–2028

Table 51         Vietnam Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 52         Philippines Military Battery Market Share, By Type, By Value, 2018–2028

Table 53         Philippines Military Battery Market Share, By Composition, By Value, 2018–2028

Table 54         Philippines Military Battery Market Share, By Platform, By Value, 2018–2028

Table 55         Philippines Military Battery Market Share, By Application, By Value, 2018–2028

Table 56         Philippines Military Battery Market Share, By Sales Channel, By Value, 2018–2028

Table 57         GS Yuasa International Ltd. Company Overview

Table 58         GS Yuasa International Ltd. Financial Overview

Table 59         Exide Industries Company Overview

Table 60         Exide Industries Financial Overview

Table 61         Airborne Company Overview

Table 62         Airborne Financial Overview

Table 63         Marine Company Overview

Table 64         Marine Financial Overview

Table 65         BYD Auto Co. Company Overview

Table 66         BYD Auto Co. Financial Overview

Table 67         Panasonic Company Overview

Table 68         Panasonic Financial Overview

Table 69         Lishen Company Overview

Table 70         Lishen Financial Overview

 

Market Segmentation

By Type

  • Rechargeable
  • Non-Rechargeable

By Composition

  • Lead Acid Battery
  • Lithium Battery
  • Nickel Battery
  • Others

By Platform

  • Aviation
  • Land
  • Marine
  • Space
  • Munition

By Application

  • Propulsion Systems
  • Auxiliary Power Units
  • Ignition Systems
  • Fire Control Systems
  • Communication & Navigation Systems
  • Others

By Sales Channel

  • OEM
  • Aftermarket

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Indonesia
      •  
  • Vietnam
  • Philippines
  • Rest of Asia Pacific
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Frequently Asked Questions (FAQs):

Ans: Major factors driving the growth of Asia-Pacific Military Battery Market include increased use of lightweight, high-power density batteries in complex military systems, rising military spending on new platforms, growing use of ground vehicles and UAVs, advances in material science and battery technology, and innovations in smart battery technology.
Ans: Asia-Pacific Military Battery Market size is expected to grow at a CAGR 6.8% during the forecast period between 2022 and 2028.
Ans: Key players in Asia-Pacific Military Battery Market include GS Yuasa International Ltd., Exide Industries, Airborne, Marine, BYD Auto Co., Panasonic, and Lishen.
Ans: The Rechargeable battery segment is expected to account for a higher market share in the Asia-Pacific Military Battery Market by type during the forecast period.
Ans: The OEM segment is expected to hold a higher market share in the Asia-Pacific Military Battery Market by sales channel.