Aircraft Battery Market Size, Share, Trend, Growth, CAGR Of 6.8% 2025

0
0

 

Global Aircraft Battery Market.

Market Forecast

Global Aircraft Battery Market is projected to be valued at USD 807.34 Million by 2025, registering a CAGR of 6.8% between 2019 and 2025. The increasing demand for new aircraft with advanced energy storage systems is primarily driving the growth of the market. Furthermore, the increasing use of UAVs in commercial and civil applications is driving the growth of the market.

Market USP

Increase in Electrification of Aircraft Requires Advanced Batteries

Growth Opportunities in the Market

The lead-acid battery segment is expected to record a higher growth in the market: The Lead-acid battery segment accounted for the largest market share and is expected to register a higher CAGR during the review period. Lead-acid batteries are often used as the main batteries in an aircraft. Moreover, these batteries have good energy storage and power provision properties.

Nickel-cadmium battery segment is expected to record the highest growth during the forecast period. These batteries are reliable and require relatively low maintenance, which is expected to drive growth.

The hybrid aircraft segment is expected to register the highest growth in the market: The hybrid segment is expected to record the highest CAGR during the review period. The increasing development of hybrid aircraft to reduce fuel emissions is expected to boost the demand for high capacity batteries.

More electric aircraft segment is expected to record higher CAGR during the forecast period. This is due to the increasing deployment of in-flight entertainment systems, aircraft lighting systems, and advanced cockpit systems.

The civil aviation segment accounted for the largest market share in 2018: The civil aviation segment is also expected to record the highest CAGR during the forecast period from 2019 to 2025. There has been a significant increase in the demand for new aircraft for civil aviation over the last few years. Moreover, the deployment of advanced in-flight entertainment systems and aircraft interior lighting system in the new aircraft is expected to increase the requirement for advanced batteries.

The UAV segment is expected to record higher CAGR during the forecast period. This is due to the increasing military expenditures on the procurement of advanced UAVs for military tactical missions globally.

Key Players

Cella Energy (US)

Concorde Battery Corporation (US)

Eaglepicher (US)

Enersys (US)

GS Yuasa (Japan)

Kokam (South Korea)

Marvel Aero International (US)

Mid-Continent Instruments and Avionics (US)

Saft Groupe SA (France)

Teledyne Battery Products (US)

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/aircraft-battery-market-8766

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.