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

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

A battery is an apparatus with one or more cells that directly transform chemical energy into electrical energy. Almost all aircraft, except the most basic models, have an electrical system. A battery or batteries are a part of the principal electrical system in most circumstances. Batteries are needed to ignite the engines, the Auxiliary Power Unit, and the electrical system during preflight. After being turned on, the engine(s) or APU powers generators, which supply electricity to the electrical circuits and replenish the batteries.

Aircraft batteries start the engines or the APU. An emergency requiring the batteries to power the necessary loads until landing and evacuation is an in-flight electrical generating failure. In rare instances when an engine flames out, they have even been used to restart the engines. In addition, they serve as a buffer, controlling the DC network voltage to provide suitable power quality for the linked equipment. Aircraft batteries are essential to handle and maintain carefully, as these many uses demonstrate.

Battery repair is carried out away from aircraft in specialized battery shops located worldwide, which the operator or specialized distributors often own. The aircraft manufacturer determines the maintenance intervals based on the battery manufacturers' suggestions concerning the specific aircraft and its use.

More electric aircraft and the need to reduce weight drive the demand for more sophisticated battery technologies. Activation and other formerly hydraulically driven functions must be "electrified," which requires high-voltage structures. The only current adequate response to this shift is the increased voltage linked with lithium-ion batteries. Modern Li-ion battery systems that satisfy these new specifications are therefore being developed.

Moving toward more electric design necessitates long-lasting and high energy storage capacity, which opens up new avenues for innovation and progress in aviation batteries. This includes numerous electrical systems used in airplanes. However, elements including the risk associated with using lithium-based batteries in operations, legal requirements, potential dangers, and the high initial cost of undeveloped aviation technologies may impede the target market growth.

Aircraft Battery Market Key Drivers:

Increasing use of electric aircraft and growing acceptance of electric propulsion in the aviation sector  

• Due to global warming and market competition, the aircraft industry has been forced to look at economic and environmental factors. As a result, more electric aircraft are now available on the market. Using electric engines eliminates airplane noise because they don't make the same sounds as combustion or jet engines. Fuel and maintenance expenses have significantly decreased, which has resulted in cost savings. Another major factor propelling aviation's electrification is the decrease of emissions. Increased power needs and improvements in battery technology and materials have led to the advent of electric aircraft.

• For instance, in January 2024, according to a research article published by Chalmers University of Technology, by directly comparing a current, two-seater, all-electric aircraft against a comparable fossil fuel-powered one, researchers carried out the first life cycle assessment (LCA) of any kind in history. The study found that, as long as green electricity is utilized, the climate impact of electric aircraft is less than that of aircraft powered by fossil fuels, even after just 25% of their anticipated lifespan.

Innovations in chemicals and batteries  

• Many battery options are available to meet the needs of various aircraft types and operational scenarios owing to groundbreaking developments in the materials used in battery components. Aircraft rely on this cutting-edge battery technology due to its extended reversible lifecycles and great energy density due to increased lithium-ion innovation. Early advancements in electric aviation include electrifying conventional take-off and landing aircraft (eCTOL) and the burgeoning electric vertical take-off and landing (eVTOL) market. Both applications require next-generation battery technology to offer a competitive range and payload capacities.

Aircraft Battery Market Restrains:

Financial aspects and safety issues associated with the usage of these batteries

• Despite having several advantages over conventional lead-acid batteries, Li-ion batteries might be more expensive initially. Implementing this may be hampered by UAV operators or airlines with tight budgets. Furthermore, even though these batteries are popular and effective, they have the potential to experience thermal runaway if they are harmed, incorrectly charged, or badly made. Lithium-ion batteries are susceptible to thermal runaway, an uncontrollable temperature that might result in an explosion or fire. To reduce these risks, strict laws and appropriate instructions on handling, storing, and disposing of waste are crucial.

Aircraft Battery Market is segmented based on type, aircraft type, supplier, and region.

Type Insights

• Lead Acid Battery: Lead acid battery type is a dominating segment of this sector for the target market. A lead acid battery has an oxide-based anode and elemental lead cathode submerged in sulfuric acid electrolyte solution, constituting the cell. In sure lead acid batteries, the electrolyte is either impregnated into a fiberglass mat or suspended in a silica gel to prevent spills. Lead acid batteries are hefty and have a low energy density while having good power supply and storage capabilities. Sometimes lead acid batteries that have been overcharged will release hydrogen gas, which can cause an explosion or start a fire. An aircraft's primary battery or batteries are frequently made of lead acid.
• Nickel Cadmium Battery: Nickel-cadmium cells contain a cathode of nickel hydroxide and an anode of cadmium hydroxide submerged in an electrolyte of potassium, sodium, and lithium hydroxides. The maintenance requirements of nickel-cadmium batteries are comparatively low, and they exhibit reliability and a broad working temperature range. NiCd batteries are susceptible to thermal runaway and memory effects when overcharged. Because heavy metals are used to produce NiCd batteries, several nations have stringent disposal laws. NiCd batteries can be used in various aircraft usage, including primary aircraft batteries.
• Lithium-ion Battery: A lithium-ion battery is a rechargeable battery type commonly referred to as a "li-ion battery" and is made up of lithium ions that migrate from the electrode's negative to positive end during discharge and vice versa with the aid of an electrolyte during charging. In these batteries, graphite is employed at the electrode's negative end, while intercalated lithium compound is used at its positive end. The exceptional qualities and attributes that these batteries are able to display contribute to their highly effective productivity. Since the aircraft industry is one of those specific sectors in which lithium-ion batteries are making enormous strides due to their authenticity and is raising the standard of this entire field, a lot of recent advancements have been made in terms of li-ion battery applications.

Aircraft Type Insights

• Civil Aviation: Civil aviation type is a dominating segment of this sector for the target market. The largest segment is a result of the number of commercial passenger and cargo planes. Due to the increasing purchase of business jets and helicopters for various civil and commercial uses, the civil aviation market is anticipated to experience tremendous growth.
• Military Aviation: The category of military aviation includes the global demand for military aircraft, which is being driven by various factors, including increasing regional conflicts and various countries' efforts to modernize their aircraft to increase their security.
• UAV: Unmanned aerial vehicles, or UAVs, are used extensively in military and civilian applications. Due to their high power density, extended lifespan, and predictable cycles, batteries are frequently used in unmanned aerial vehicles. During cruising, a battery with a high power density will generate a lot of chemical reaction heat.

Supplier Insights

• Original Equipment Manufacturer: This category of supplier provides batteries directly to aircraft makers so they can be installed in newly manufactured aircraft. They frequently have more stringent pricing policies and greater quality standards.
• Aftermarket: This category of supplier meets the need for replacement batteries for current aircraft. It provides more choices than OEM providers, sometimes at a lesser cost.

Regional Insights:

Aircraft Battery Market Regional Insights

• The North American market is estimated to witness a significantly high revenue share over the forecast period because of the enormous number of aircraft produced for both military and civilian applications and because it devotes a large amount of resources to the advancement of cutting-edge battery technology, which is necessary for both current and future aircraft technologies.
• Asia Pacific market is estimated to witness the fastest revenue share because of the strong acquisition of commercial aircraft from the different airlines due to the growing air travel in the region, which in turn fuels the need for new aircraft. The region's growing military budget due to the persistent geopolitical tensions between the nations is anticipated to drive the armed services' expenditure towards acquiring next-generation military aircraft to bolster their aerial capabilities.
• The European market is expanding steadily due to the increasing usage of uncrewed aerial vehicles (UAVs) in military operations for intelligence gathering. The demand for aircraft batteries in the UK was increasing at the quickest rate in the European region. In contrast, the market for aircraft batteries in Germany held the biggest market share.
• Latin America is an emerging region with a developing market and an opportunity for improvement. Growing budgets and infrastructure are helping it.
• The Middle East and Africa market is in its developmental stages but has the ability to expand in certain areas, such as military aviation, due to future changes in safety rules.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Aircraft Battery Market report based on type, aircraft type, supplier, and region:

Aircraft Battery Market, By Type:

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

Aircraft Battery Market, By Aircraft Type:

• Civil Aviation
• Military Aviation
• UAV

Aircraft Battery Market, By Supplier:

• Original Equipment Manufacturer
• Aftermarket

Aircraft Battery Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Aircraft Battery Market include 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.

• In September 2023, Safran Electrical & Power agreed to work with Cuberg to create an aviation energy storage system for fully electric and hybrid aircraft in the future.
• In November 2023, Amprius won contracts to supply three electric aircraft manufacturers with its next-generation lithium-ion battery cells, which have a very high energy density of 450 Wh/kg.

• 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
• EnerSys