Global Aircraft Battery Market

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Global Aircraft Battery Market 2018 2025

• Published By
• Accurize Market Research

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Global Aircraft Battery Market is Estimated to
Reach 916 million by 2025, Says Accurize Market
Research

• Global Aircraft Battery Market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 916 million
  by 2025 growing at a CAGR of 8.7 from 2017 to
  2025. By geography, the Asia Pacific and North
  America are expected to grow at a CAGR of XX and
  XX, respectively, during the forecast period.
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  raft-battery-market/sample-request

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Global Aircraft Battery Market

• Rising adoption of UAVs in civil commercial
  applications fuels to drive the global market
• The global aircraft battery market trend includes
  an increase in a number of aircraft deliveries,
  rising adoption of UAVs in civil commercial
  applications, as well as growing execution of
  more electric aircraft technology in commercial
  aircraft. However, the huge initial cost of
  battery might act as a barrier for the global
  aircraft battery market growth. Also, the
  acceptance of fuel cells to decrease carbon
  emissions and the requirement of better battery
  management systems is expected to provide several
  opportunities for the market in the coming years.

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Global Aircraft Battery Market

• Market Segmentation
• Offering, application, aircraft technology, power
  density, aircraft type, end-user, and geography
  are the classification of the global aircraft
  battery market.
• The offering segment is categorized into the
  product (battery and battery management system)
  and service (maintenance overhaul and other
  services).
• The auxiliary power unit (APU), propulsion,
  emergency, and other applications are the
  segregation of the application segments.
• The aircraft technology segment is sub-segmented
  into hybrid aircraft, traditional aircraft, more
  electric aircraft, and electric aircraft.
• On the basis of power density, the segmentation
  includes more than 300 Wh/Kg and less than 300
  Wh/Kg.

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Global Aircraft Battery Market

• Market Segmentation
• By aircraft type, the market is separated as
  civil aviation (business jets, commercial
  aircraft, ultralight aircraft, and commercial
  helicopters), military aviation (military
  helicopters and military jets), and unmanned
  aerial vehicle (UAV).
• Furthermore, the end-user comprises OEM (by
  component (product and service)) and aftermarket
  (by component (product and service)).
• North America, Europe, Asia-Pacific and the Rest
  of the world (RoW) are the geographical segments
  of the market.
• North America is further bifurcated into
  countries namely U.S., Canada, and Mexico.
• Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
• Asia-Pacific countries include China, India,
  Japan, South Korea and Rest of Asia Pacific.
• Rest of the World (RoW) covers South America,
  Africa, and the Middle East.

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Global Aircraft Battery Market

• "Product accounted for the largest market share
  in the offering segment", says Accurize
• On the basis of offering, the product segment is
  expected to witness the highest growth over the
  forecast period. All the battery types, as well
  as battery management systems used in aircraft,
  are included in the product segment. The
  requirement for better and more number of
  batteries is increasing as the aircraft
  architecture is inclining more towards electrical
  systems, which is further driving the product
  segment of the aircraft battery market. OEM, by
  end-user, is projected to dominate the market
  over the forecasted period. In aviation
  manufacturing, aircraft are manufactured with
  installed aircraft battery technology in the
  aircraft delivered to airlines. OEMs are
  accountable for the fixing of battery components.
  This is likely to drive the growth of the OEM
  segment of the global aircraft battery market.

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Global Aircraft Battery Market

• "North America dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• North America is projected to dominate the
  aircraft battery market throughout the forecast
  period. The growth of the region is contributed
  to the technological improvements in aircraft
  architecture, fast growth in aircraft
  manufacturing, and the growing electric aircraft
  industry. Owing to this, the aircraft battery
  market is projected to grow in the region.
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Global Aircraft Battery Market

• Top players in the market
• Major companies operating in the market include
• EaglePicher Technologies
• Concorde Battery Corporation
• EnerSys
• Saft
• Gill Batteries
• Sichuan Changhong Battery Co. Ltd.
• Cella Energy
• Marvel Aero International Inc.
• GS Yuasa Corporation and
• Kokam among others.

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