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Full-Body Scanners Market worth $302 million by 2027 - Exclusive Report by MarketsandMarkets

Military Vehicle Electrification Market worth $17 6 billion by 2030

Military Vehicle Electrification Market worth $17.6 billion by 2030 iCrowd Newswire According to the new market research report Military Vehicle Electrification Market by technology (Hybrid and fully electric), by system (power generation, Cooling system, energy storage, traction drive system and power conversion) by platform, by operation and by region - Forecast to 2030″, published by MarketsandMarkets™, the market size is estimated to be valued at USD 4.8 billion in 2020. It is projected to reach USD 8.6 billion by 2025, recording a CAGR of 13.0% and USD 17.6 billion by 2030 at a CAGR of 15.4% in terms of value. The increasing number of procurement of new vehicles are also boosting the market growth. Hybrid and fully electric vehicles offer alternatives to power solutions. These solutions enable as an external source for power generation in the vehicles. The Military Vehicle Electrification market is developing further as the concept of alternative sources such as batte

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