UK MILITARY ELECTRIC VEHICLE MARKET 

INTRODUCTION

With the rise of smart home energy, electric vehicles, and clean public transportation, electrification—the process of diminishing dependence on fossil fuels—has grown more common in daily life. But the military has not yet benefited from these measures.

The transition to electric vehicles is supported by the idea that, as new weaponry, active protection, and increased computer processing are implemented, military land capabilities will become more "power hungry" on the battlefield of the future.

The capacity to power, charge, and sustain these new capabilities will determine their effectiveness and performance.

UK MILITARY ELECTRIC VEHICLE MARKET SIZE AND FORECAST

The UK 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.

MARKET DYNAMICS

At the Defence and Security Equipment International (DSEI) exhibition at the ExCeL in London, it was revealed that the British Army is moving toward electrifying its field vehicles.

The battlefield electrification approach unveiled at DSEI will outline how the Army will focus on a rise in the usage of batteries, sustainable energy, and hybrid electric drive technologies across its vehicle fleet over a 15-year period as part of its Future Soldier goal.

The performance of the hybrid electric drives that the Army has already installed in the Man SV, Jackal, and Foxhound vehicles is presently being assessed.

The evaluation of how to properly recharge electric unmanned, autonomous systems will be part of pre-production model trials. The Army is making sure that the electrical system is prepared to handle the electrical demand needed on the battlefield of the future.

The British Army will start along the path toward a cleaner future thanks to new electric vehicle (EV) charging infrastructure. In order to facilitate the operation of up to 80 EVs for military and civilian personnel, UK Power Networks Services deployed the chargers in five garrisons on Salisbury Plain and in Aldershot.

The installation is a component of Project Allenby Connaught, a Ministry of Defence programme to replace and renovate the living quarters of about 19,000 soldiers and their families. Additionally, it will support the Army's efforts to convert its fleet of non-combat vehicles to electric by 2030.

COMPANY PROFILE

• Magtec
• General Dynamics Land Systems
• BAE Systems
• Tesla UK
• GE Aviation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perUK Military Electric Vehicle Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aMilitary Electric Vehicle Marketin the UK?
3. How manyUK Military Electric Vehicle Marketsare 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 aUK Military Electric Vehicle Marketand key vendor selection criteria
6. Where is theUK Military Electric Vehicle Market manufactured? What is the average margin per equipment?
7. Market share ofUK Military Electric Vehicle Marketmanufacturers and their upcoming products
8. The most important plannedUK Military Electric Vehicle Marketin next 2 years
9. Details on network of majorUK Military Electric Vehicle Marketand pricing plans
10. Cost advantage for OEMs who manufactureUK Military Electric Vehicle Marketin-house
11. 5 key predictions for next 5 years inUK Military Electric Vehicle Market
12. Average B-2-BUK Military Electric Vehicle Marketprice in all segments
13. Latest trends inUK Military Electric Vehicle Market, by every market segment
14. The market size (both volume and value) ofUK Military Electric Vehicle Marketin 2022-2027 and every year in between?
15. Global production breakup ofUK Military Electric Vehicle Market, by suppliers and their OEM relationship