Aircraft Battery Market, By Type (Lead Acid Battery, Nickel Cadmium Battery, Lithium-ion Battery), Aircraft Type (Civil Aviation, Military Aviation, UAV), Supplier (Original Equipment Manufacturer, and Aftermarket), By Region (North America, Europe, Asian Pacific, Latin America, and Middle East & Africa) – Trends, Analysis, and Forecast till 2034

Report Code: PMI368619 | Publish Date: March 2024 | No. of Pages: 176

Global Aircraft Battery Market By Overview

Introduction

Aircraft Battery Market was valued at US$ 544.8 Million in 2024 and is projected to grow at a CAGR of 5.30% to reach US$ 871.1 Million by 2034.

Aircraft batteries performs various functions including emergency power, ground power, fault clearing, DC bus stability improvement. The battery suited for a particular application is depends on the several characteristics including cost, volume, weight, service life, maintenance, discharge rate, and charging rate.

Growing demand for the electrically advanced technology in the commercial aircraft across the globe is major factor driving growth of the global aircraft battery market. Additionally, growing aviation industry worldwide, coupled with increase in the number of aircraft deliveries across the globe are some among the major factors expected to propel growth of the global market in the near future. Moreover, rise in the adoption of UAV’s in commercial and civil applications is another factor supporting growth of the global market in the next 10 years. However, operational challenges that are associated with lithium-based aircraft batteries may hamper growth of the target market in the near future.

The aircraft battery market is segmented based on type, aircraft type, supplier, and by region. On the basis of type, the global aircraft battery market is classified into lead acid battery, nickel cadmium battery, and lithium-ion battery. Based on aircraft type, the global market is bifurcated into civil aviation, military aviation, and UAV. On the basis of supplier, the target market is bifurcated into original equipment manufacturer and aftermarket. On the basis of region, the global aircraft battery market is categorized into North America, Europe, Asian Pacific, Latin America, and Middle East & Africa.

Asia Pacific market dominates the global market in terms of revenue over the forecast period. This can be attributed to the huge investment in the military and space sectors, coupled with booming aviation sector in the emerging economies, like India and China in this region. For instance, according to the data published by CSIS China Power passengers traveling by air in the China surged from 62 million in 2000 to 551 million in 2017.

The key players operating the global aircraft battery market involves Tesla Industries Inc., Concorde Battery Corporation, GS Yuasa Corporation, Kokam Co. Ltd, Teledyne Technologies Incorporated, True Blue Power, Saft Groupe SA, Sichuan Changhong Battery Co. Ltd, Meggitt PLC, and EnerSys.

Detailed Segmentation:

Global Aircraft Battery Market, By Type:

  • Lead Acid Battery
  • Nickel Cadmium Battery
  • Lithium-ion Battery

Global Aircraft Battery Market, By Aircraft Type:

  • Civil Aviation
  • Military Aviation
  • UAV

Global Aircraft Battery Market, By Supplier:

  • Original Equipment Manufacturer
  • Aftermarket

Global Aircraft Battery Market, By Region:

  • North America
    • North America Aircraft Battery Market, By Type
    • North America Aircraft Battery Market, By Aircraft Type
    • North America Aircraft Battery Market, By Supplier
    • North America Aircraft Battery Market, By Country
      • S.
      • Canada
    • Europe
      • Europe Aircraft Battery Market, By Type
      • Europe Aircraft Battery Market, By Aircraft Type
      • Europe Aircraft Battery Market, By Supplier
      • Europe Aircraft Battery Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • Asia Pacific
        • Asia Pacific Aircraft Battery Market, By Type
        • Asia Pacific Aircraft Battery Market, By Aircraft Type
        • Asia Pacific Aircraft Battery Market, By Supplier
        • Asia Pacific Aircraft Battery Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                                                                                                                                                                                                                                                         
        • Latin America
          • Latin America Aircraft Battery Market, By Type
          • Latin America Aircraft Battery Market, By Aircraft Type
          • Latin America Aircraft Battery Market, By Supplier
          • Latin America Aircraft Battery Market, By Country
            • Brazil
            • Mexico
            • Rest of Latin America
          • Middle East & Africa
            • Middle East & Africa Aircraft Battery Market, By Type
            • Middle East & Africa Aircraft Battery Market, By Aircraft Type
            • Middle East & Africa Aircraft Battery Market, By Supplier
            • Middle East & Africa Aircraft Battery Market, By Country
              • GCC
              • Israel
              • South Africa
              • Rest of Middle East & Africa

Company Profile:

  • Tesla Industries Inc.*
    • Company Overview
    • Type Portfolio
    • Key Highlights
    • Financial Performance
  • Concorde Battery Corporation
  • GS Yuasa Corporation
  • Kokam Co. Ltd
  • Teledyne Technologies Incorporated
  • True Blue Power
  • Saft Groupe SA
  • Sichuan Changhong Battery Co. Ltd
  • Meggitt PLC
  • EnerSys

“*” marked represents similar segmentation in other categories in the respective section

Global Aircraft Battery Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, Aircraft Type
      • Market Snippet, Supplier
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Aircraft Battery Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Lead Acid Battery
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Nickel Cadmium Battery
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Lithium-ion Battery
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Aircraft Battery Market, Aircraft Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Civil Aviation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Military Aviation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • UAV
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Aircraft Battery Market, Supplier Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Original Equipment Manufacturer
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aftermarket
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Aircraft Battery Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Aircraft Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Supplier, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Aircraft Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Supplier, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Aircraft Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Supplier, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Aircraft Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), Supplier, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), Aircraft Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), Supplier, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Tesla Industries Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Concorde Battery Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GS Yuasa Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kokam Co. Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teledyne Technologies Incorporated
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • True Blue Power
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Saft Groupe SA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sichuan Changhong Battery Co. Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Meggitt PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • EnerSys
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The aircraft battery market is segmented based on type, aircraft type, supplier, and by region.

Arise from the increasing demand for electric and hybrid-electric aircraft, advancements in battery safety and reliability, and the growing emphasis on sustainable aviation.

Electrification of aircraft systems, the need for reliable and high-performance energy storage solutions, and the focus on reducing the environmental impact of aviation.

North America and Europe often have a significant presence in the aerospace sector, but specific dynamics can vary based on regional aerospace developments and the adoption of electric aircraft technologies.

The key players operating the global aircraft battery market involves Tesla Industries Inc., Concorde Battery Corporation, GS Yuasa Corporation, Kokam Co. Ltd, Teledyne Technologies Incorporated, True Blue Power, Saft Groupe SA, Sichuan Changhong Battery Co. Ltd, Meggitt PLC, and EnerSys.