Space Battery Market

By Type;

Rechargeable and Non-Rechargeable

By Application;

Propulsion Systems, Communication Navigation Systems, Fire Control Systems, Electro-Optics Thermal Imaging Systems and Others

By Platform;

Aviation, Land, Marine, Space and Munitions

By Geography;

North America, Europe, Asia Pacific, Middle East& Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn119619164 Published Date: September, 2025 Updated Date: October, 2025

Space Battery Market Overview

Space Battery Market (USD Million)

Space Battery Market was valued at USD 1,375.91 million in the year 2024. The size of this market is expected to increase to USD 2,223.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.


Space Battery Market

*Market size in USD million

CAGR 7.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.1 %
Market Size (2024)USD 1,375.91 Million
Market Size (2031)USD 2,223.91 Million
Market ConcentrationMedium
Report Pages333
1,375.91
2024
2,223.91
2031

Major Players

  • EaglePicher Technologies
  • Saft Groupe S.A.
  • GS Yuasa Corporation
  • EnerSys
  • Lockheed Martin Corporation
  • Kokam Co., Ltd.
  • Panasonic Corporation
  • Tadiran Batteries GmbH
  • Tesla, Inc.
  • Yardney Technical Products, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Space Battery Market

Fragmented - Highly competitive market without dominant players


The Space Battery Market is gaining momentum as an essential power source for satellites, spacecraft, and long-duration missions. Growing demand for reliable and efficient energy storage systems has resulted in more than 45% of recent missions incorporating advanced battery technologies, ensuring uninterrupted power and improved mission performance.

Rising Demand for High-Capacity Solutions
With extended mission requirements, the focus on durable and high-capacity batteries has accelerated. Around 40% of space programs now adopt these specialized systems to support propulsion, communication, and payload operations. Their ability to function in extreme conditions makes them indispensable for modern space exploration.

Widespread Use in Satellites and Exploration
Over 55% of satellite projects are powered by next-generation batteries, supporting continuous operations in orbit. Exploration missions also increasingly rely on these systems, benefiting from energy resilience in low-light and hostile environments. These solutions enable greater mission independence and long-term functionality.

Strong Prospects Ahead
Future growth looks promising as close to 60% of organizations plan to increase investment in next-gen battery systems. Advances in miniaturization, automation, and energy optimization will further accelerate adoption. With continuous R&D and strategic alliances, space batteries will remain central to achieving sustainable and reliable space missions.

  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 Application
    3. Market Snapshot, By Platform
    4. Market Snapshot, By Region
  4. Space Battery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Commercialization of Space Activities
        2. Government Investments in Space Exploration
        3. Emergence of New Space Applications
      2. Restraints
        1. Cost Constraints in Space Mission Budgets
        2. Technical Challenges in Battery Performance
        3. Regulatory Compliance and Safety Concerns
      3. Opportunities
        1. Advancements in Battery Chemistries
        2. Growth of Small Satellite Constellations
        3. Focus on Sustainability and Renewable Energy
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. 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. Space Battery Market, By Type, 2021 - 2031 (USD Million)
      1. Rechargeable
      2. Non-Rechargeable
    2. Space Battery Market, By Application, 2021 - 2031 (USD Million)
      1. Propulsion Systems
      2. Communication Navigation Systems
      3. Fire Control Systems
      4. Electro-Optics Thermal Imaging Systems
      5. Others
    3. Space Battery Market, By Platform, 2021 - 2031 (USD Million)
      1. Aviation
      2. Land
      3. Marine
      4. Space
      5. Munitions
    4. Space Battery Market, By Geography, 2021 - 2031 (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. Saft Groupe SA
      2. Eagle-Picher Technologies LLC
      3. GS Yuasa Corporation
      4. EnerSys
      5. Mitsubishi Electric Corporation
      6. Arotech Corporation
      7. Redwire Corporation
      8. Space Vector Organization
      9. Hitachi Zosen
      10. Lyten, Inc.
      11. AAC Clyde Space
      12. Berlin Space Technologies GmbH
      13. O.C.E. Technology
      14. Leclanché S.A.
      15. Samsung SDI
  7. Analyst Views
  8. Future Outlook of the Market