Sep 14, 2017   SOURCE: BusinessWire

Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market - Analysts & Forecasts to 2021 - Research and Markets

The "Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021" report has been added to Research and Markets' offering.

The report forecasts the global military hybrid electric vehicle (HEV) and electric vehicle (EV) market to grow at a CAGR of 14.17% during the period 2017-2021.

The report, Global Military Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is development and use of advanced lithium-ion power sources. The need for enhanced EVs by commercial and defense customers have resulted in constant R&D in producing lighter batteries with greater capacity. It has led to innovative combinations of metals and electrolytes that improve the battery's electrochemical charge. One of the most important innovations with battery chemistries has been the use of lithium.

According to the report, one driver in the market is development of cost-effective vehicles. The increasing expense and environmental issues over fuel consumption are promoting the development of cost-effective electric propulsion vehicles. For instance, the US Department of Defense (DoD) is constantly under pressure to cut down on its annual energy bill of around $20 billion. It is estimated that more than 50% of the energy bills account for oil consumption that power the country's fleet of aircraft, ships, and vehicles, and logistics.

Key vendors

  • AeroVironment
  • BAE Systems
  • Ford Motor Company
  • General Motors
  • Lockheed Martin

Other prominent vendors

  • Boeing
  • General Dynamics
  • Logos Technologies
  • Magnet Motor
  • Zero Motorcycles

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product Type

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/mjqcr4/global_military