Power Generator for Military Market

2020 Analysis and Review Power Generator for Military: Market Analysis by Fuel Type – Diesel and Natural Gas for 2020 - 2030

Introduction

Efficient and reliable source of power supply is crucial to guarantee successful operations in the military and defense sector. Consequently, the sector has emerged as a lucrative avenue for compact, low-maintenance, and possibly transportable generators that can offer continuous or emergency power supply as required.

The market offers significant scope for the implementation of improved technologies and footprint expansion. With various governments around the world increasing their military expenditure, the demand for advanced and tactical equipment will rise.

Market experts see the ongoing trends as highly favorable for the growth of Military Power Generator Market within the military and defense sector. Future Market Insights’ (FMI) study on the subject has forecast the market to progress at 3.4% CAGR between 2020 and 2030.

Growing Demand for Distributed Power

Experts project that a grand transformation is underway. The wave of decentralizing energy, which has swept across the world, is revolutionizing the way power is generated and consumed.

Resultantly, some key government organizations, including military agencies, are swaying away from centralized energy systems to integrated power solutions such as microgrids.

The military sector is keen on suitable provision for secure energy to cater to their growing needs in a way that will also help them mitigate adverse effects on environment. A failure in meeting this requirement will pose immense threat to functioning of various defense operations.

Installing power generators is therefore a favored method for improving environmental, economy, and energy-security performance within the sector. 

Diverse Military Applications Favoring Growth

The demand for distributed energy is surging in the military sector. Its application in tactical military communication, fields, camps, and bases, field hospitals, and command systems is surging at a steady pace – a trend which is unlikely to slow down in the coming years. Power generators are therefore considered extremely crucial for hindrance-free operation within the sector.

Also with rising troops deployment overseas, coupled with the need for various modern warfare equipment, will make power generators indispensable for the industry.

Governments across prominent countries have taken a note of this. Resultantly, their military expenditure has increased considerably. Strengthening their defense systems is their foremost priority and to achieve this they are likely to invest in robust power military power generation equipment in the coming years.

Surging Demand for Integrated Power Systems

Some of the most celebrated military agencies around the world are focusing on establishment of integrated power systems such as microgrids to accommodate advanced power generators.

Installation of hybrid generators can help these organizations to reduce expenses incurred on procuring fuel as well as curb the creation of carbon footprint. Against this backdrop, experts opine the demand for hybrid generators to surge in the coming years. This will in turn create lucrative growth prospects for the market.

Key Challenges

An increasing number of military and government agencies are experimenting with novel and more sustainable sources of power. The rising investment towards wind farms and military solar power generator systems due to the limited availability of commercial energy sources is threatening growth of the market.

Military forces are keen on green energy sources and reducing their carbon footprint. As a result of this, the increasing deployment of renewable sources of energy across military bases could hamper the growth of the market.

Region-wise Analysis

Power Generators for Military: North America Analysis

North America is currently one of the most lucrative markets for power generators globally. The region is identified as one of the most lucrative markets for portable and mobile power generators. Governments within the region continue to invest in advanced military equipment.

Immense focus on strengthening their countries’ defense sectors will steadily increase military expenditure. This will in turn aid the expansion of the market for power generators. FMI projects that field camps and accommodation will account for increasing number of power generator installations in North America’s military sector.

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Power Generators for Military: Europe Market Analysis

Growth witnessed in the Europe market is expected to remain steady. Recent global events have catapulted national security issues in Europe to the fore.

As a result, governments in Europe are showing commitment towards allocating considerable amount to defense expenditure. Russia’s defense expenditure for instance has been increasing significantly over the last few years.

A considerable part of budget allocated to military expenses is spent on equipment vital for military operations. Therefore, with the rising defense budget across major nations, Europe is expected to remain one of the highly lucrative markets for power generator for military.

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Power Generator for Military: Asia Pacific Market Analysis

The market in Asia Pacific is expected to record growth at the leading space in the market. The rising demand from countries such as India, Japan, and China will bolster growth prospects for the market in the region.

Defense spending in these three countries is considerably high and they are home to most powerful forces of military in Asia Pacific. The Chinese Army for instance is the second-largest military force in the world, following the U.S. Army.

Governments across these countries allocate substantial amount towards their defense budget each year. As a result of this, manufacturers of power generators can expect high demand from these nations.

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Category-wise Insights

End-users Prefer Compact Design and Fuel Efficiency

In terms of capacity, the up to 60 KW segment holds the leading share in the market on account of compact design and fuel efficiency of these generators. These are used in diverse military applications such as communication and control systems, air defense systems, and temporary base camps.

Preference for AC over DC Intact

Based on output, the AC generator accounts for nearly 3/4th share of the overall market. Military agencies across the world mostly prefer AC generators over DC because of their utility across diverse applications. AC generators, unlike DC generators are more compatible with variable power output.

Diesel over Petrol for Cost-Efficiency

Based on fuel type, diesel accounts for the lion’s share in the market. Diesel generators are often primary choices for military agencies since there are more reliable and are suitable across multiple applications.

It is also easier to transport diesel at remote locations. Driven by this, the diesel segment will continue dominating the market through the coming years.

Mobile and Portable in Vogue

In terms of installation type, mobile and portable generators account for the maximum share in the market. Military portable power generator are more compatible with a number of military operations as compared to stationary generators.

They find application across multiple sectors within military agencies, which is favoring greater investment towards mobile and portable generators.

Application in Camps and Hospitals Growing

Based on application hospitals and camps/accommodation remains the key segment in the market. The rising instances of border conflict are leading to increasing deployment in remote locations.

Distributed power systems are used to fulfil the need for electricity in accommodations and hospitals in such remote locations. Collectively, field camps/ accommodation and field hospitals are expected to account for the leading share in the market.

Competitive Landscape

Companies operating in the market are continuously striving to offer advanced power generation system with high output and low operational cost. In the near future they are likely to focus more on the manufacturing of hybrid generators.

Overall the focus on portfolio and footprint expansion is forecast to remain high in the market. Mergers and acquisitions make a key strategic moves adopted by the companies to gain competitive advantage. Besides this, product launches will remain a key strategy adopted by the market players.

Cummins Inc. for instance launched HSK78G natural gas generator series in March 2019. This series offers a range of advanced capabilities and innovative gas technologies.

Caterpillar Inc. introduced CAT INV2000 in December 2019. It is a portable generator.

Military Power Generator Market Report: Scope

Attribute

Details

Forecast Period

2020-2030

Historical Data Available for

2015-2019

Market Analysis

USD Million for value and Volume in Units

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania Middle East & Africa

 

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa

Key Segments Covered

Capacity, Output Type, Fuel Type, Installation Type, Application, Region

Key Companies Profiled

Cummins Inc., Caterpillar Inc., Rolls-Royce Holdings plc, HIMOINSA, Harrington Generators International, Teknel srl, GRUPEL S.A., VÝVOJ Martin, HITZINGER GmbH, Fischer Panda GmbH, Ascot Industrial S.r.l., GREEN POWER SYSTEMS S.r.l., Kohler Co., Kirloskar Oil Engines Ltd., and Ausonia S.r.l.

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered by the Report

  • What is the Power Generator for Military Market size?

    The global power generator for military market was valued at US$ 1,011.5 Mn in 2019. The market is forecast to rise at a CAGR of 3.4% between 2020 and 2030

  • Which is the largest market for power generators for military?

    North America holds lucrative share in the global market and will continue leading between 2020 and 2030. Steadily increasing defence expenditure will aid expansion in the region

  • Which are the top companies in power generator for military market?

    Cummins Inc., Himoinsa S.L., Caterpillar Inc., and Rolls Royce Plc are among the leading companies operating in the market

  • Which is the most lucrative segment in terms of application for power generator for military market?

    Field hospitals and field camps/ accommodation are expected to account for the maximum share of the market in terms of application

  • What are the various types of fuel used in power generator for military?

    Diesel and natural gas are the common types of fuel used in the market. Of these, diesel is expected to account for the leading share

  • What is the outlook on power generator for military market?

    FMI foresees positive growth for the power generator for military market. The consistently rising demand for better access to power sources and portable generator from military agencies will support growth witnessed in the market

Enquiry before Buying

  • Is this research conducted by Future Market Insights?

    Yes, the research has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst

  • What research methodology is followed by FMI?

    FMI follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions. Request detailed methodology

  • Who are the respondents for primary research?

    FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request. 

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Key Segments

Capacity

  • Upto 60 KW
  • 61 to 250 KW
  • 251 to 500 KW
  • 501 to 1000 KW
  • Above 1000 KW

Output Type

  • AC
  • DC

Fuel Type

  • Diesel
  • Natural Gas

Installation Type

  • Stationery
  • Mobile and Portable

Application

  • Communication System
  • Air Defence System
  • Field Hospitals
  • Field Camps/Accommodation
  • Lighting
  • Military Vehicles
  • Others

Regional Outlook

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East (GCC Countries, Turkey)
  • Africa (Northern Africa, South Africa)

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