UAE Military Electric Vehicle Market 2022-2027

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    UAE MILITARY ELECTRIC VEHICLE MARKET

     

     

    INTRODUCTION

     

    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.

     

    Infographic : UAE Military Electric Vehicle Market, UAE Military Electric Vehicle Market Size, UAE Military Electric Vehicle Market Trends, UAE Military Electric Vehicle Market Forecast, UAE Military Electric Vehicle Market Risks, UAE Military Electric Vehicle Market Report, UAE Military Electric Vehicle Market Share

     

    Military electric vehicles have so far been employed in the defense industry for unmanned systems, transportation of military supplies, and mobility.

     

    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.

     

     

    UAE MILITARY ELECTRIC VEHICLE MARKET SIZE AND FORECAST

     

    The UAE 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 2022 to 2027.

     

    UAE MILITARY ELECTRIC VEHICLE MARKET DYNAMICS

     

    Defense company NIMR, based in the United Arab Emirates (UAE), and ST Engineering, a global technology, engineering, and defence group, has signed a memorandum of understanding (MOU) to collaborate on the development of cutting-edge hybrid electric drive (HED) systems. 

     

    NIMR hopes to be the first Middle Eastern manufacturer to integrate the game-changing power systems, cementing its position as a leader in the armoured vehicle industry.

     

    In addition to enhancing range, acceleration, and stealth, HED systems also provide sustainability advantages including fewer emissions as compared to a normal diesel engine system.

     

    The HED systems’ key benefit is that they are far quieter than conventional engines, which is essential for covert mobility during combat operations and silent watch activities.

     

    By using the HED systems’ claims of greater vehicle economy and delivering power for all necessary equipment, including communications, situational awareness, and weapon systems, NIMR and ST Engineering intend to achieve the most stringent duty-cycle standards.

     

    Hybrid technology will eventually reduce military dependency on fossil fuels in addition to bringing several technological and operational improvements; this is a move that is in line with both the UAE’s National Climate Change Plan and the UN’s Sustainable Development Goals.

     

     

    UAE MILITARY ELECTRIC VEHICLE MARKET NEW PRODUCT LAUNCH

     

    STREIT Group, located in the UAE, introduced four brand-new vehicles at IDEX 2021, among them STORM, a completely electric multi-purpose tracked vehicle.

     

    The first tracked vehicle produced by STREIT Group, STORM is also the first totally electric tracked vehicle ever made in the UAE. STORM has extra generators in addition to being entirely electric.

     

    It is intended for use in a broad variety of specialized military and civilian applications. The vehicle is very mobile, dependable, and equipped with the most recent ballistic, IED, and mine blast protective technologies. It was designed for use in the roughest situations. 

     

    The DHABI, a modern MRAP, was the second vehicle to be unveiled. The V-shaped hull of the DHABI aids in diverting blast waves and debris away from the crew area.

     

    Mine protection is improved by the elevated body and higher ground clearance. DHABI has advanced pricing but also advanced technology, with STANAG III adaptable blast and ballistic protection as a standard and up to STANAG IV with add-on plates.

     

    The third vehicle presented, the NISR is intended to serve as a ground support vehicle for troops who are not mounted and as a mounted infantry troop transporter.

     

    A modern approach and departure levels, 450 HP of power, a peak speed of 120 km/h, and manoeuvrability are unheard of in its class. It may be quickly set up as a forward observation platform, a medical evacuation platform, or a command and control vehicle (FOO).

     

    The CONDOR, a newly created MRAP with STANG Level 2 upgradeability to STANG 3, was the last vehicle to be presented. This vehicle can be utilized in any hostile circumstance with remarkable field performance in both urban and off-road areas thanks to its high mobility and off-road capability.

     

    COMPANY PROFILE

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

     

    1. What is the average cost per UAE Military Electric Vehicle market right now and how will it change in next 5-6 years?
    2. Average cost to set up a Military Electric Vehicle market in UAE?
    3. How many UAE Military Electric Vehicle market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a UAE Military Electric Vehicle market and key vendor selection criteria
    6. Where is the UAE Military Electric Vehicle market manufactured? What is the average margin per equipment?
    7. Market share of UAE Military Electric Vehicle market manufacturers and their upcoming products
    8. The most important planned UAE Military Electric Vehicle market in next 2 years
    9. Details on network of major UAE Military Electric Vehicle market and pricing plans
    10. Cost advantage for OEMs who manufacture UAE Military Electric Vehicle market in-house
    11. 5 key predictions for next 5 years in UAE Military Electric Vehicle market
    12. Average B-2-B UAE Military Electric Vehicle market price in all segments
    13. Latest trends in UAE Military Electric Vehicle market, by every market segment
    14. The market size (both volume and value) of UAE Military Electric Vehicle market in 2022-2027 and every year in between?
    15. Global production breakup of UAE Military Electric Vehicle market, by suppliers and their OEM relationship
    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, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    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, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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