The Next Generation Military Power Supply Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for Next Generation Military Power Supply has seen considerable growth recently. The market, valued at $13.08 billion in 2024, is expected to increase to $14.19 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8.5%.
The Next Generation Military Power Supply market is projected to reach $19.46 billion by 2029, with a compound annual growth rate (CAGR) of 8.2%.
Download Your Free Sample of the 2025 Next Generation Military Power Supply Market Report and Uncover Key Trends Now!The key drivers in the next generation military power supply market are:
• Increased demand for portable power solutions in military equipment
• Focus on enhancing energy efficiency in military power supply systems
• Need for ruggedized and resilient designs for challenging combat environments
• Rising demand for adaptive and smart power systems in the defense sector
The next generation military power supply market covered in this report is segmented –
1) By Components: Software, Hardware
2) By Type: Programmable, Non- Programmable
3) By Wattage: 500W To 1000W, 1001W To 5000W, 5001W To 10000W, 10001W To 20000W
4) By System: Integrated Power Supply, Discrete Power Supply
5) By End User: Aerial, Naval, Land
The key trends in the next generation military power supply market are:
• The introduction of cybersecurity measures in power systems is a growing trend.
• The development and use of adaptive and hybrid power systems is on the rise.
• There is increasing focus on smart grid and energy management technologies.
• The enhancement of resilience and durability in power supply systems, together with the integration of energy storage solutions, are trending.
Major companies in the next generation military power supply market are:
• XP Power Limited
• Advanced Conversion Technology Inc.
• Eaton Corporation
• Aegis Power System Inc.
• TDK
•Lambda Americas Inc.
• Abbott Technologies
• AGMA Power Systems Ltd.
• Mitsubishi Electric Corporation
• Energy Technologies Inc.
• Synqor Inc.
• AJ’s Power Source Inc.
• Prime Power Inc.
• Powerbox International AB
• Milpower Source Inc.
• Astrodyne TDI Corporation
• Fujitsu Limited
• Infineon Technologies AG
• Intel Corporation
• Texas Instruments Incorporated
• EnerSys
• Cummins Inc.
• Saft Groupe SA
• Arotech Corporation
• Raytheon Technologies Corporation
• SFC Energy AG
• EaglePicher Technologies LLC
• Denchi Power Ltd.
• Concorde Battery Corporation
• Eniquest Pty. Ltd.
Asia-Pacific was the largest region in the next-generation military power market in 2024