Global Aircraft Battery Market Size, Trends and Growth opportunity, By Battery Type (Lead Acid Battery, Lithium-Ion Battery, Nickel-Cadmium Battery, others), Technology (Traditional Aircraft, More Electric Aircraft, Hybrid Aircraft, Electric Aircraft), Aircraft Type (Commercial Aviation, Military Aviation and Unmanned Aerial Vehicles [UAV]), Application (Propulsion, Emergency, Auxiliary Power Unit (APU), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100569 | Industries : Energy & Power | Published On :May 2024 | Page Count : 135
Global Aircraft Battery Market Size, Trends and Growth opportunity, By Battery Type (Lead Acid Battery, Lithium-Ion Battery, Nickel-Cadmium Battery, others), Technology (Traditional Aircraft, More Electric Aircraft, Hybrid Aircraft, Electric Aircraft), Aircraft Type (Commercial Aviation, Military Aviation and Unmanned Aerial Vehicles [UAV]), Application (Propulsion, Emergency, Auxiliary Power Unit (APU), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Aircraft Battery Market
Global Aircraft Battery Market was valued at USD 375 million in 2021 and is expected to reach USD 723 million by 2027, at a CAGR 11.32% from 2022-2027.
Aircraft Battery is used for many functions such as emergency power, ground power, fault clearing & improving DC bus stability. Many small private aircraft use lead acid batteries. Most commercial & corporate aircraft use nickel-cadmium batteries. The battery best suited for a particular application depends on the relative importance of many characteristics, such as volume, weight, cost, service, shelf life, discharge rate, maintenance & charging rate. Any change of battery type may be considered a major alteration.
Market Drivers
The increase in the development of electric aircraft for commercial aviation purposes, the rising demand for new aircraft, and the usage of UAVs in various civil sectors and commercial sectors are the major driving factors of the aircraft battery market.
Market Restraints
Various developments of advanced featured batteries need a high-cost price. This acts as a restraining factor for the aircraft battery market. The customer’s demand for high quality, highly featured batteries with advanced properties is a challenging factor for the market.
Market Segmentation
The Global Aircraft Battery Market is segmented into battery type, technology, aircraft type, and application. Based on technology, the Aircraft Battery Market Size is further divided into traditional aircraft, electric aircraft, hybrid aircraft, and electric aircraft; all these aircraft's function with the help of batteries.
Regional Analysis
The Global Aircraft Battery Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia Pacific region is expected to hold the highest CAGR because of increased growth rate. The rising demand for new aircraft in both civil & commercial applications, and the investment in defense sectors in countries such as India & China are propelling the regional growth of the market.
Key Players
Various key players are discussed into the Global Aircraft Battery Market Report including: Concorde Battery Corporation, Eaglepicher, Cella Energy, Enersys, Kokam, Marvel Aero International, Mid-Continent Instruments and Avionics, GS Yuasa, Teledyne Battery Products, and Saft Groupe SA.
Market Taxonomy
By Battery Type
• Lead Acid Battery
• Lithium-Ion Battery
• Nickel-Cadmium Battery
• Others
By Technology
• Traditional Aircraft
• More Electric Aircraft
• Hybrid Aircraft
• Electric Aircraft
By Aircraft Type
• Commercial Aviation
• Military Aviation
• Unmanned Aerial Vehicles [UAV]
By Application
• Propulsion
• Emergency
• Auxiliary Power Unit (APU)
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Aircraft Battery Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aircraft Battery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aircraft Battery Market, By Battery Type
5.1 Y-o-Y Growth Comparison, By Battery Type
5.2 Global Aircraft Battery Market Share Analysis, By Battery Type
5.3 Global Aircraft Battery Market Size and Forecast, By Battery Type
5.3.1 Lead Acid Battery
5.3.2 Lithium-Ion Battery
5.3.3 Nickel-Cadmium Battery
5.3.4 Others
6 Global Aircraft Battery Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Aircraft Battery Market Share Analysis, By Technology
6.3 Global Aircraft Battery Market Size and Forecast, By Technology
6.3.1 Traditional Aircraft
6.3.2 More Electric Aircraft
6.3.3 Hybrid Aircraft
6.3.4 Electric Aircraft
7 Global Aircraft Battery Market, By Aircraft Type
7.1 Y-o-Y Growth Comparison, By Aircraft Type
7.2 Global Aircraft Battery Market Share Analysis, By Aircraft Type
7.3 Global Aircraft Battery Market Size and Forecast, By Aircraft Type
7.3.1 Commercial Aviation
7.3.2 Military Aviation
7.3.3 Unmanned Aerial Vehicles [UAV]
8 Global Aircraft Battery Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Aircraft Battery Market Share Analysis, By Application
8.3 Global Aircraft Battery Market Size and Forecast, By Application
8.3.1 Propulsion
8.3.2 Emergency
8.3.3 Auxiliary Power Unit (APU)
8.3.4 Others
9 Global Aircraft Battery Market, By Region
9.1 Global Aircraft Battery Market Share Analysis, By Region
9.2 Global Aircraft Battery Market Share Analysis, By Region
9.3 Global Aircraft Battery Market Size and Forecast, By Region
10 North America Aircraft Battery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Aircraft Battery Market Share Analysis, By Battery Type
10.3 North America Aircraft Battery Market Size and Forecast, By Technology
10.4 North America Aircraft Battery Market Size and Forecast, By Aircraft Type
10.5 North America Aircraft Battery Market Size and Forecast, By Application
10.6 North America Aircraft Battery Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Aircraft Battery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Aircraft Battery Market Share Analysis, By Battery Type
11.3 Europe Aircraft Battery Market Size and Forecast, By Technology
11.4 Europe Aircraft Battery Market Size and Forecast, By Aircraft Type
11.5 Europe Aircraft Battery Market Size and Forecast, By Application
11.5 Europe Aircraft Battery Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Aircraft Battery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Aircraft Battery Market Share Analysis, By Battery Type
12.3 Asia Pacific Aircraft Battery Market Size and Forecast, By Technology
12.4 Asia Pacific Aircraft Battery Market Size and Forecast, By Aircraft Type
12.5 Asia Pacific Aircraft Battery Market Size and Forecast, By Application
12.6 Asia Pacific Aircraft Battery Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Aircraft Battery Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Aircraft Battery Market Share Analysis, By Battery Type
13.3 Latin America Aircraft Battery Market Size and Forecast, By Technology
13.4 Latin America Aircraft Battery Market Size and Forecast, By Aircraft Type
13.5 Latin America Aircraft Battery Market Size and Forecast, By Application
13.6 Latin America Aircraft Battery Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Aircraft Battery Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Aircraft Battery Market Share Analysis, By Battery Type
14.3 Middle East Aircraft Battery Market Size and Forecast, By Technology
14.4 Middle East Aircraft Battery Market Size and Forecast, By Aircraft Type
14.5 Middle East Aircraft Battery Market Size and Forecast, By Application
14.6 Middle East Aircraft Battery Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Concorde Battery Corporation
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Eaglepicher
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Cella Energy
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Enersys
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Kokam
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Marvel Aero International
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Mid-Continent Instruments and Avionics
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 GS Yuasa
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Teledyne Battery Products
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Saft Groupe SA
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies