Market Overview:
The global alternative fuel-powered military fleet market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The alternative fuel-powered military fleet market is segmented on the basis of type, application, and region. On the basis of type, the global alternative fuel-powered military fleet market is segmented into aerial fleet, naval vessels, and ground vehicles. The naval vessels segment is expected to account for a major share of the global alternative fuel-powered military fleet market in 2018. This can be attributed to increasing demand for maritime security across the globe. However, ground vehicles are expected to register highest CAGR during the forecast period owing to increasing demand for electric vehicles (EVs) in militaries across different regions. On the basis of application,the global alternative fuel-powered military Fleet Marketis divided into fighting applications; defense and security applications; other applications such as transportation & logistics etc.; research & development activities; training purposes etc.).
Product Definition:
Alternative fuel-powered military fleets are fleets of vehicles that are powered by a fuel other than gasoline or diesel. Some alternative fuels include ethanol, biodiesel, and propane. Alternative fuel-powered military fleets have several benefits. They can help reduce the United States' dependence on foreign oil, they produce less pollution than traditional gasoline or diesel vehicles, and they can be used to power equipment in remote areas where traditional fuels are not available.
Aerial Fleet:
Aerial fleet is a type of logistics support that involves the use of cargo-carrying aircraft to supply goods and materials from suppliers or manufacturers to distribution centers, warehouses, and retail stores. Aerial fleets are used in several industries such as military (for example: U.S. Army Aviation), firefighting & law enforcement (for example: aerial tanker), construction & mining (for example: ore carriers) and others.
Naval Vessels:
Naval Vessels are used to transport fuel in the military fleet. They have a capacity of carrying around two thousand tons of fuel and can travel at a speed of over twenty knots. The vessels are built with steel hulls, which can resist corrosion from fuels including jet A, diesel, gas oil and kerosene.
Application Insights:
The application segment is segregated into ground vehicles, aerial fleet, and naval vessels. The ground vehicle segment dominated the market in terms of revenue share in 2017 owing to the growing demand for trucks and buses fueled by biofuel. Growing urbanization has led to an increased need for public transport vehicles that are environment-friendly as well as cost-effective alternatives to conventional diesel and petrol powered public transport. This factor is anticipated to fuel growth over the forecast period.
Growing concerns regarding global warming have prompted governments across the world adopt stringent measures such as promoting electric cars with tax rebates and subsidies or financial assistance programs offered by countries like China, Norway, UEA., etcetera.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S., being a global military power, has to maintain its fleet of vehicles and aircrafts that consume significant amounts of fuel on a regular basis. Thus, it is anticipated to have an impact on market growth over the forecast period. Asia Pacific is expected to be one of the fastest-growing regions owing to increasing defense spending by various governments across this region coupled with growing geopolitical tensions between nations such as India and Pakistan along with other South Asian countries, China/East China Sea etc.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing environmental concerns and regulations for emissions from conventional vehicles
- The increasing cost of oil and gas which is making AFVs more attractive
- The need for energy security by reducing dependence on oil imports
- Military goals to reduce its carbon footprint and increase energy efficiency
- Technological advancements that are making AFVs more reliable, efficient, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Fuel-powered Military Fleet Market Research Report
By Type
Aerial Fleet, Naval Vessels, Ground Vehicles
By Application
Fighting, Defense and Security, Other
By Companies
Boeing, Chevron, GE Aviation, General Motors, ARA, Dynamic Fuels, TerraVia, Southern Oil, Boeing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Alternative Fuel-powered Military Fleet Market Report Segments:
The global Alternative Fuel-powered Military Fleet market is segmented on the basis of:
Types
Aerial Fleet, Naval Vessels, Ground Vehicles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fighting, Defense and Security, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boeing
- Chevron
- GE Aviation
- General Motors
- ARA
- Dynamic Fuels
- TerraVia
- Southern Oil
- Boeing
Highlights of The Alternative Fuel-powered Military Fleet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aerial Fleet
- Naval Vessels
- Ground Vehicles
- By Application:
- Fighting
- Defense and Security
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alternative Fuel-powered Military Fleet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alternative fuel-powered military fleets are fleets of vehicles that use alternative fuels such as natural gas, propane, or ethanol. These fuels can reduce the environmental impact of military operations and help to conserve energy resources.
Some of the major companies in the alternative fuel-powered military fleet market are Boeing, Chevron, GE Aviation, General Motors, ARA, Dynamic Fuels, TerraVia, Southern Oil, Boeing.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alternative Fuel-powered Military Fleet Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Alternative Fuel-powered Military Fleet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Alternative Fuel-powered Military Fleet Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Alternative Fuel-powered Military Fleet Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Alternative Fuel-powered Military Fleet Market Size & Forecast, 2020-2028 4.5.1 Alternative Fuel-powered Military Fleet Market Size and Y-o-Y Growth 4.5.2 Alternative Fuel-powered Military Fleet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aerial Fleet
5.2.2 Naval Vessels
5.2.3 Ground Vehicles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fighting
6.2.2 Defense and Security
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alternative Fuel-powered Military Fleet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alternative Fuel-powered Military Fleet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aerial Fleet
9.6.2 Naval Vessels
9.6.3 Ground Vehicles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fighting
9.10.2 Defense and Security
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aerial Fleet
10.6.2 Naval Vessels
10.6.3 Ground Vehicles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fighting
10.10.2 Defense and Security
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aerial Fleet
11.6.2 Naval Vessels
11.6.3 Ground Vehicles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fighting
11.10.2 Defense and Security
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aerial Fleet
12.6.2 Naval Vessels
12.6.3 Ground Vehicles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fighting
12.10.2 Defense and Security
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aerial Fleet
13.6.2 Naval Vessels
13.6.3 Ground Vehicles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fighting
13.10.2 Defense and Security
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alternative Fuel-powered Military Fleet Market: Competitive Dashboard
14.2 Global Alternative Fuel-powered Military Fleet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boeing
14.3.2 Chevron
14.3.3 GE Aviation
14.3.4 General Motors
14.3.5 ARA
14.3.6 Dynamic Fuels
14.3.7 TerraVia
14.3.8 Southern Oil
14.3.9 Boeing