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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Although they have a place in the commercial market, electric vehicles haven't been able to make a name for themselves in the military industry.
Although electrical vehicles have been used in the military for a while, their capabilities and uses are restricted by the rules governing army bases and people vehicles.
Military electric vehicles have so far been employed in the defense industry for unmanned systems, transportation of military supplies, and mobility (Polaris - GEM). Later, due to trends, infantry squad vehicles with hybrid electric drives were developed, and the Millenworks light utility vehicle was then shown.
Although there are a lot of electric vehicles in the military industry, the range must be expanded. It also has to be open to different design ideas so that other industry participants may participate and provide a growing number of possibilities.
The Africa Military Electric Vehicle market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
The Eve electric vertical take-off and landing vehicle (eVTOL) for the military and security industry will be the focus of a collaborative study by BAE Systems and Embraer Defense & Security.
Engineers from BAE Systems' air sector, will collaborate with Embraer's Defense and Security team, to investigate the potential uses of a defense variant for a variety of tasks, including personnel transport, surveillance and reconnaissance, disaster relief, and humanitarian assistance.
Defense operations may undergo a revolution thanks to Eve's eVTOL, which has a far lower operating cost than existing platforms.
The all-electric aircraft, developed by Eve (an Embraer business), an independent firm committed to advancing the world's urban air mobility (UAM) ecosystem, is a component of Embraer's commitment to more environmentally friendly flying.
By increasing its investment in research and development, BAE Systems is advancing its plan to quicken the development of sustainable technology. The joint study directly supports this.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |