Global Aircraft Battery Market, By Application (Propulsion, APU, Emergency), By Battery Type (NICAD,

Published Date: | Report Code : AD1917015

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Market Dynamics:

The Aircraft Battery Market is expected to promise high growth owing to the increasing demand for aircraft in transportation activities in recent years. Increasing demand from applications including propulsion, APU, emergency is expected to drive the growth of the aircraft battery market. This market has witnessed a number of key developments by major companies including Sichuan Changhong Battery, Concorde Battery Corporation, EaglePicher, GS Yuasa, KOKAM, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Aircraft batteries are devices which power an aircraft’s every electrical component. Batteries help in the performance of other works too such as refueling the aircraft. The main battery and the auxiliary power unit help in providing backup power at the time of power failure in the aircraft. When the APU starts or the engine starts, aircraft generators are initiated which power up the aircraft’s electrical system and recharge aircraft batteries. The main battery and the APU use lithium ion batteries.

Rapid development of aircraft and their system has increased the use of batteries in aircraft, which is driven the growth of the aircraft battery market. Moreover, the increased use of batteries by major aircraft manufacturers such as Boeing has also led to market growth. Aircraft manufacturers are increasingly using lithium ion batteries rather than nickel cadmium batteries, as the latter are heavier and less efficient. The Asia Pacific is expected to lead the aircraft battery market. Moreover, this market in North America and Europe is expected to witness high growth during the forecast period.

Key Factors Impacting Market Growth:

  • Increasing demand for aircrafts in transportation activities
  • Increasing preference for lithium ion batteries
  • Research on solar operated aircrafts 

Regional Analysis:

The Aircraft Battery Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for the aircraft battery market during the forecast period. Major countries in these regions include US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region. 

The Asia Pacific is estimated to be the fastest growing region with increasing expenditure on defense and space research. With the presence of some of fastest growing economies including India and China, this region is projected to be a major market for the aircraft battery market during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for aircraft battery market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of the World is an emerging market for the aircraft battery market with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: Sichuan Changhong Battery, Concorde Battery Corporation, EaglePicher, GS Yuasa, KOKAM, Marvel Aero International, Saft, EnerSys, Gill Batteries, and Cella Energy…

Market Segmentation:

By Application:

  • Propulsion
  • APU
  • Emergency

By Battery Type:

  • NICAD
  • Lithium Ion
  • Lead Acid

By Aircraft Type:

  • Commercial Aircraft
  • Military Aircraft
  • Helicopters
  • Others (  Private aircrafts/helicopters)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By Battery Type
    • By Aircraft Type
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Battery Type
    • By Aircraft Type
  • Eastern Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Battery Type
    • By Aircraft Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By Battery Type
    • By Aircraft Type
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By Battery Type
    • By Aircraft Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By Battery Type
    • By Aircraft Type

Reasons To Buy This Report:

  • Market size estimation of the aircraft battery market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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