Latest news with #militarypower
Wall Street Journal
18-07-2025
- Business
- Wall Street Journal
Christian Brose on the Coming Revolution in Military Tech
Americans cheered earlier this summer when Ukraine managed to sneak inexpensive drones deep into Russia and use them to destroy strategic bombers. Likewise when Israel began its campaign against Iran by taking out air defenses with drones. New technology is changing the geometry of the battlefield, which can give a leg up for lesser powers—which could also pose threats to the U.S. Is America prepared for the new way of war? 'At every level, I think, our conception of military power, and the industrial base that we've been optimizing to build it, is just systemically wrong,' says Christian Brose, president and chief strategy officer of Anduril Industries, the defense tech company founded by entrepreneur Palmer Luckey.
Yahoo
25-06-2025
- Business
- Yahoo
$19+ Bn Military Power Solutions Market Opportunities and Strategies to 2034
The global military power solutions market is projected to grow from $9.29 billion in 2024 to $19.01 billion by 2034, driven by UAV adoption, renewable energy integration, and electrification of military vehicles. North America leads, while Asia-Pacific sees the fastest growth. Key players include Raytheon and Cummins. Military Power Solutions Market Dublin, June 25, 2025 (GLOBE NEWSWIRE) -- The "Military Power Solutions Market Opportunities and Strategies to 2034" has been added to offering. The global military power solutions market is poised for significant growth through 2034. Valued at approximately $9.29 billion in 2024, it is expected to expand at a compound annual growth rate (CAGR) of 7.77% to reach $13.52 billion by 2029, eventually climbing to $19.01 billion by 2034 with a CAGR of 7.06%. Several factors have driven the market's expansion from 2019 to 2024, including increased defense budgets, renewable energy integration, heightened terrorist threats, and demand for portable power solutions. Conversely, logistics challenges and dependence on solar power have hindered growth. Future growth will be fueled by the increased use of unmanned aerial vehicles (UAVs), favorable government policies, rising interest in space-based military operations, and the electrification of military vehicles. Potential obstacles could include disruptions in the supply chain of critical minerals and limited funding for military updates. North America leads the market, holding 37.60% or $3.49 billion of the total market in 2024, followed by Asia-Pacific, Western Europe, and other regions. Asia-Pacific and Western Europe are anticipated to grow rapidly, at CAGRs of 10.76% and 7.75% respectively. Africa and South America are also forecast to grow, at CAGRs of 7.10% and 6.44% respectively. The market is moderately fragmented, with top players like Raytheon Technologies Corporation, Cummins Inc., and EnerSys Inc. dominating the landscape. The top ten competitors account for 19.32% of the market share in 2023. Segmentation by type shows the non-portable segment leads with 65.74% or $6.11 billion in 2024, though the portable segment is the fastest growing with an 8.60% CAGR through 2029. The market is also divided by source, with batteries accounting for 35.55% or $3.3 billion in 2024. Notably, the energy harvesters segment is anticipated to grow the quickest, at a CAGR of 14.06% by 2029. Medium power solutions dominate the wattage segments, while the high-power category is growing the fastest at a 9.34% CAGR through 2029. By platform, land applications account for 50.34% of the market, yet air applications are expected to expand rapidly at an 8.84% CAGR through 2029. Significant opportunities lie in non-portable solutions, fuel cells, medium power solutions, and land applications, which will collectively gain billions in global annual sales by 2029, with notable growth expected in the U.S. market. Emerging trends emphasize the development of high-efficiency batteries, strategic military power initiatives, and innovative power units for tactical upgrades. Key mergers and acquisitions further underscore market dynamism, with major deals involving companies like Atlas Energy Solutions, EnerSys, and HEICO Corporation. For strategic growth, analysts suggest focusing on high-capacity battery development, long-term tactical power contracts, and rugged integrated power systems. Expanding into emerging markets, enhancing distribution networks, and competitive pricing strategies are also recommended to leverage the opportunities in this burgeoning market. The Report Covers the Following Chapters Introduction and Market Characteristics: Discusses segmentations and definitions concerning type, source, wattage, and platform. Key Trends: Highlights significant trends and future market developments. Macro-Economic Scenario: Analyzes the impact of COVID-19, the Russia-Ukraine war, and rising inflation, offering strategic insights for businesses in aerospace forging. Global Market Size and Growth: Presents historic (2019-2024) and forecast (2024-2029, 2034F) market values, drivers, and restraints. Regional and Country Analysis: Compares historic (2019-2024) and forecast (2024-2034) market values by region and country. Market Segmentation: Provides analysis for each segment by type, source, wattage, and platform. Regional Market Size and Growth: Offers regional size analysis and growth forecasts, including comparisons within regions like Asia-Pacific, Western and Eastern Europe, North America, South America, Middle East, and Africa. Competitive Landscape: Details market competition, estimated shares, and profiles of leading companies. Competitive Benchmarking and Dashboard: Financial comparisons and overview of significant players. Key Mergers and Acquisitions: Details recent transactions and their financial implications. Market Opportunities and Strategies: Suggests growth opportunities and strategic directions. Conclusions and Recommendations: Offers actionable insights for providers in product offerings and marketing strategies. Appendix: Contains additional reference details such as NAICS codes and abbreviations. Key Attributes: Report Attribute Details No. of Pages 325 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $9.29 Billion Forecasted Market Value (USD) by 2034 $19.01 Billion Compound Annual Growth Rate 7.4% Regions Covered Global Major Market Trends: High-Efficiency Battery Development for Tactical and Surveillance Use Defense Contract Awarded for Tactical Power Systems Durable Power Solution for Military and Industrial Use High-Performance Power Units Drive Tactical Vehicle Upgrades Key Mergers and Acquisitions: Atlas Energy Solutions Inc. Acquired Moser Energy Systems EnerSys Acquired Bren-Tronics HEICO Corporation Acquired Marway Power Solutions Inc. Companies Featured Raytheon Technologies Corporation Cummins Inc EnerSys Inc L3Harris Technologies Inc Inventus Power Inc Eaglepicher Technologies LLC Saft Group S.A Northrop Grumman Corporation Oshkosh Defense LLC GS Yuasa Corporation DroneShield Bharat Electronics Limited (BEL) Tata Power SED Advanced Communications and Electronics Systems Co China Electronics Technology Group Corporation (CETC) Norinco Mitsubishi Heavy Industries, Ltd. (MHI) Kawasaki Heavy Industries Ltd IHI Corporation Japan Steel Works, Ltd Fujitsu Limited ShinMaywa Industries, Ltd Tacticalist HD Hyundai Heavy Industries Samyang Comtech SNT Motiv Poongsan Corporation Novacium SAS W5 Solutions Solus Power CMCA Integrated Systems Ltd Safran S.A Rheinmetall AG Siemens AG Leonardo S.p.A Indra Sistemas S.A BAE Systems plc Rolls-Royce Holdings plc Kaluga Research Radio Engineering Institute (KNIRTI) Czechoslovak Group (CSG) Polska Grupa Zbrojeniowa (PGZ) ROMARM United Engine Corporation (UEC) Kalashnikov Concern Uralvagonzavod Tactical Missiles Corporation (KTRV) Advent Technologies Meritor inc General Dynamics Corporation Lockheed Martin Corporation General Dynamics Mission Systems Rheinmetall Canada Inc Hybrid Power Solutions Inc Embraer S.A. Epsilor Electric Fuel Ltd EDGE Group Advanced Electronics Company Thales Group Elbit Systems Ltd Denel SOC Ltd Paramount Group Aggreko AEG Power Solutions Schneider Electric Power & Energy Solutions For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Military Power Solutions Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
10-06-2025
- Business
- Reuters
Breakingviews - Nuclear is best fit for joint Europe defence funds
BERLIN, June 10 (Reuters Breakingviews) - A credible European defence will have to be based on the nuclear deterrent. But the region's only two nuclear powers, France and the UK, don't have the money to match their leaders' ambitions. Prime Minister Keir Starmer and President Emmanuel Macron are on board with raising defence budgets, along with their fellow NATO members, way above the 2% of GDP they currently spend. So far, that is only a statement of principle. As resolute as they may be to side with Ukraine and warn about the Russian threat, Macron and Starmer will struggle to find the resources needed to upgrade the region's military power. The need for Europeans to contemplate the creation of an independent nuclear arsenal stems from the growing feeling that the United States's commitment to regional defence is wavering at best. It raises major political questions that will take years to resolve - beginning with the crucial question of control. Nuclear deterrence requires one individual with his or her finger on the proverbial button, not a decision by a committee or at the end of a lengthy leaders' summit. Yet setting aside all the thorny political and technical issues, financing an independent nuclear umbrella is a costly proposition, which could only work with a new joint-financing mechanism. Paris, opens new tab and London, opens new tab currently spent 13% and 19% of their military budgets, respectively, on their nuclear arsenals – totalling almost 20 billion euros. If the European members of NATO later this month decide to spend 3.5% of their GDP on defence, as expected, it suggests that a proper European bomb could have an annual cost in the range of 100 billion euros to 140 billion euros. Macron and Starmer may have hoped that their German counterpart Friedrich Merz could maybe help foot most of the bill, in a kind of 'debt-for-bomb', opens new tab exchange. The German chancellor has broken with his country's tradition by urging Europe to boost its defence in the light of U.S. unreliability, and he has talked about sharing France and the UK's umbrella. His government has exempted much of future defence spending from the country's so-called debt brake. But there is no reason why Berlin should shoulder most of the nuclear burden. Germany's defence budget will probably jump from 80 billion euros to 100 billion euros next year, according to Deutsche Bank. And in any case its adherence to the Treaty on the Non-Proliferation of Nuclear Weapons, opens new tab would ban direct financing of a nuclear arsenal. Spending up to 140 billion euros on nuclear deterrence can only be a multi-year and slow ramp-up. There is no immediate need for Europeans to spend the same proportion of their military budget on nuclear weapons as France and the UK. In the short run, a cheaper option would be for London and Paris to extend their nuclear protection to the rest of Europe, by stating that any threat to the vital interests of one member would be considered as a threat to their own. There is still space for the sort of added expense that makes cost mutualisation essential. More is not necessarily better in nuclear deterrence, but France and Britain may still need to increase their arsenal of less than 600 warheads, which pales compared to Russia's, opens new tab 4,400. The respective costs of these warheads are classified. But based on the average expense of similar U.S. weapons, doubling the current arsenal could cost almost 10 billion euros and take many years, according to a European expert. A costlier scenario would be for Europeans to add a complementary layer to the French and British arsenals. This could be done by procuring a fleet of conventional submarines armed with nuclear warheads, according to an upcoming Bruegel, opens new tab paper by Andrea Gilli and Francesco Nicoli. That would be the most expensive option, with 10 such submarines costing in the vicinity of 30 billion euros, excluding the missiles and warheads. It would also be the most complex one, requiring a treaty change, and a hard-to-get consensual agreement on a unified command. Over time, Europe may also need to increase the number of fighter jets able to deliver the bomb. Macron has already suggested French nuclear-armed Rafales might be stationed in Germany. Doubling the number of those jets operated by the French air force to around 100 could cost up to 10 billion euros, based on recent Rafale contracts with Indonesia and the United Arab Emirates. Then, as the nuclear deterrent is gradually mutualised, considerable resources will have to be spent on the research and development of the submarines, planes, missiles and warheads of the next generation. If the political stars align and a group of countries decide to plough ahead, the financing of a European deterrence could only be based on a new financing instrument. Raising overall defence spending can be a national endeavour for conventional forces and equipment, with coordination at the European level. But the mutualised and expensive nature of nuclear deterrence, on the other hand, can only be based on joint funding and borrowing. It should involve all European members of NATO, who would be liable in proportion to their GDP, to avoid some countries like Spain or Italy free-riding on those closer to the Russian front line. The building of a Europe-wide deterrent is a long-term task and requires a shared analysis that the U.S. nuclear protection is a thing of the past. But considering the obstacles and potential costs, there is a case for starting to debate the future financial framework as soon as possible – without waiting for the crucial political issues to be solved. Follow Pierre Briancon on Bluesky, opens new tab and LinkedIn, opens new tab.
Bloomberg
09-06-2025
- Politics
- Bloomberg
Chinese Aircraft Carrier Seen Operating Deeper Into Pacific
A Chinese aircraft carrier made one of its deepest forays into the Pacific Ocean over the weekend as Beijing continues to project its military power further from its shores. The Liaoning and three other Chinese naval vessels were seen on Saturday around 300 kilometers (some 185 miles) southwest of the remote, uninhabited Japanese island of Minamitori, according to a statement from Japan's Joint Chief of Staff.
