Alternative Fuel-Powered Military Fleet Market nalysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Derivation of biofuel from timber woods and Easy supply of fuel in times of crisis are some of the major factor boosting the alternative fuel-powered military fleet market for the forecast period of 2017 – 2025. However, drop in crude oil prices is acting as a restraining factor for the market for the forecast period. The alternative-fuel powered military fleet market is categorized by the presence of regional and global vendors, which makes it extremely competitive. Factors such as rapid advance in technology, intense competition, environmental regulations and frequent changes in government policies pose as significant restraints to the growth of the vendors. Many vendors are gradually focusing on global footprint network, in-house manufacturing capabilities, investments in research and developmental activities, strong client base and product offerings to improve their geographical reach. The increasing trend to produce fuel from seawater will stimulate the development of the ma...