Global Aviation Battery Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Lead Acid Battery, Nickel Cadmium Battery, and Lithium-ion Battery.

By Aircraft Type;

Civil Aviation, Military Aviation, General Aviation, and Unmanned Aerial Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn039680666 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Aviation Battery Market (USD Million), 2020 - 2030

In the year 2023, the Global Aviation Battery Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The Global Aviation Battery Market is poised for remarkable growth, driven by the rapid expansion of the aviation industry and the increasing adoption of electric and hybrid-electric aircraft. As the aviation sector seeks to reduce its environmental footprint and enhance operational efficiency, the demand for advanced battery technologies is escalating. These batteries play a crucial role in powering various onboard systems, including auxiliary power units (APUs), emergency lighting, navigation systems, and electric propulsion systems in electric aircraft. Furthermore, technological advancements in battery chemistry, design, and manufacturing processes are fueling innovation and driving the development of lightweight, high-energy-density batteries specifically tailored for aviation applications. Lithium-ion batteries, in particular, have emerged as a prominent choice due to their high energy density, longer lifespan, and rapid charging capabilities. Moreover, the emergence of electric vertical takeoff and landing (eVTOL) aircraft, urban air mobility (UAM) solutions, and electric propulsion systems for conventional aircraft are reshaping the aviation landscape and creating new opportunities for battery manufacturers and suppliers. These technologies rely heavily on advanced battery systems to provide the necessary power for electric propulsion and ensure safe and reliable operations.

The market introduction also highlights the importance of regulatory initiatives and industry collaborations in driving the adoption of aviation batteries. Regulatory bodies are increasingly focusing on safety standards, certification requirements, and sustainability criteria for aviation batteries, spurring investments in research and development to meet stringent regulatory requirements. Overall, the Global Aviation Battery Market presents a dynamic and rapidly evolving landscape, characterized by technological innovation, increasing demand for electric aircraft, and stringent regulatory standards. As aviation stakeholders continue to prioritize sustainability and efficiency, the demand for advanced battery solutions is expected to surge, opening up new avenues for growth and innovation in the aviation industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Aircraft Type
    3. Market Snapshot, By Region
  4. Global Aviation Battery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost Reduction Efforts

        2. Increasing electrification of aircraft

      2. Restraints
        1. Limited Infrastructure

        2. Safety Concerns

        3. Frequent Replacement Requirements

      3. Opportunities
        1. Strategic Partnerships

        2. Sustainable Aviation Initiatives

        3. Advancements in chemicals and battery technologies

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aviation Battery Market, By Type, 2022 - 2032 (USD Million)
      1. Lead Acid Battery
      2. Nickel Cadmium Battery
      3. Lithium-ion Battery
    2. Global Aviation Battery Market, By Aircraft Type, 2022 - 2032 (USD Million)
      1. Civil Aviation
      2. Military Aviation
      3. General Aviation
      4. Unmanned Aerial Vehicles
    3. Global Aviation Battery Market, By Geography, 2022 - 2032 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Tesla

      2. Honda Motor Co., Ltd

      3. Concorde Battery Corporation

      4. GS Yuasa Corporation

      5. Kokam

      6. Teledyne Technologies Incorporated

      7. Mid-Continent Instrument Co., Inc

      8. Saft Groupe SAS

      9. Sichuan Changhong Battery Co. Ltd

      10. Meggitt PLC

      11. ENERSYS

      12. EaglePicher Technologies

      13. HBL Power Systems Ltd

  7. Analyst Views
  8. Future Outlook of the Market

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