The Global Aircraft Battery Market is estimated to reach USD 0.7 Billion by 2025 at a CAGR of 7.1%, observers forencis research (FSR).
Battery is an equipment used to convert chemical energy into electrical energy. Aircrafts need battery to start the engine or the auxiliary power unit (APU) and to power up the electrical system during pre-flight. Also in case of emergency like failure of in-flight electrical generation, batteries are required to provide power to essential loads until the aircraft lands and the passengers are evacuated. Other major functions performed by batteries include, providing buffer to regulate DC network voltage, restarting the engine in case of engine flame-out. Thus, aircraft batteries are important component of the aircraft which need to be maintained with care.
Market Drivers:
Using electric aviation is a forward-looking option in aviation industry as it helps in cutting prices on fuel, reduction in emissions and a great initiative towards cleaner environment. Other benefits of electric aviation are less noise with high rate of climb, better performance at higher altitudes. Battery becomes a crucial component for the electric aviation as the electrical energy required will be provided by the battery.
Thus, increasing adoption of electric aviation may contribute in the growth of the aircraft battery market, during the forecasted period.
In recent years there are significant developments in the unmanned aerial vehicles (UAVs) segment worldwide. UAVs are utilized in numerous sectors like military, disaster management, agriculture, utility, amongst others. UAVs are functioning on batteries attached to them. Increasing number of applications of UAVs boosts the market for aircraft batteries.
Thus, increasing adoption of unmanned aerial vehicles may drive the overall growth of the aircraft battery market, during the forecast period.
Market Challenges:
Currently, the aircraft batteries available in the market are unable to provide the power-to-weight ratio to attain feasible aviation. The current density of present products is very low compared which makes combustion based process economically feasible. The aircraft manufacturers need to design better aircrafts which requires lesser power to use complete electrical system.
Thus, lower current density can be challenging for the growth of the aircraft battery market, during the forecast period.
The report on the aircraft battery market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Offering, Type, Aircraft Type, Application and Region |
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Regional Coverage |
Asia-Pacific, Europe, Middle East and Africa, South Africa and North America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Aircraft Battery Market, by Offering
Aircraft Battery Market, by Type
Aircraft Battery Market, by Aircraft Type
Aircraft Battery Market, by Application
Aircraft Battery Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Increasing Adoption of Electric Aviation
4.2.2. Increasing Adoption of Unmanned Aerial Vehicle
4.3 Opportunities
4.3.1. Adopting Fuel Cell Technology
4.4 Challenges
4.4.1. Low Current Density
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL AIRCRAFT BATTERY MARKET BY OFFERING, Market Size in USD Million (2018—2025)
6.1 Introduction
6.2 Battery
6.3 Battery Management System
6.4 Maintenance Services
7 GLOBAL AIRCRAFT BATTERY MARKET BY TYPE, Market Size in USD Million (2018—2025)
7.1 Introduction
7.2 Lead Acid
7.3 Nickel Cadmium (NiCd)
7.4 Nickel-Metal Hydride (Ni-MH)
7.5 Lithium-ion
8 GLOBAL AIRCRAFT BATTERY MARKET BY AIRCRAFT TYPE, Market Size in USD Million (2018—2025)
8.1 Introduction
8.2 Commercial
8.3 Helicopter
8.4 Business Jet
8.5 Military
9 GLOBAL AIRCRAFT BATTERY MARKET BY APPLICATION, Market Size in USD Million (2018—2025)
9.1 Introduction
9.2 Auxiliary Power Unit
9.3 Canopy Operation
9.4 Emergency
9.5 Control Backup
9.6 Others
10 GLOBAL AIRCRAFT BATTERY MARKET BY END USER, Market Size in USD Million (2018—2025)
10.1 Introduction
10.2 Original Equipment Manufacturer
10.3 Aftermarket
11 GLOBAL AIRCRAFT BATTERY MARKET BY REGION, Market Size in USD Million (2018—2025)
11.1 North America
11.1.1 US
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 UK
11.2.5 Russia
11.2.6 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Rest of Asia-Pacific
11.4 Middle East and Africa
11.4.1 Saudi Arabia
11.4.2 UAE
11.4.3 Rest of Middle East and Africa
11.5 South America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Rest of South America
12 COMPETITIVE LANDSCAPE
12.1 Introduction
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 Saft Groupe S.A.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Concorde Battery
13.3 GS Yuasa Corporation
13.4 EnerSys
13.5 EaglePicher Technologies
13.6 Marvel Aero International, Inc.
13.7 MarathonNorco Aerospace, Inc.
13.8 Sichuan Changhong Battery Co., Ltd
13.9 Mid-Continent Instrument Co., Inc.
13.10 Sion Power Corporation
13.11 Other Key Companies
14 APPENDIX
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
