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The aviation battery market is forecasted to grow by USD 369.1 million during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the aviation battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for air transport, increasing disposable income of consumers, and increasing use of military uavs.
The aviation battery market is segmented as below:
By Battery Type
- Nickel-based batteries
- Lithium-based batteries
- Lead-based batteries
By Distribution Channel
- OEM
- Aftermarket
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the aviation battery market covers the following areas:
- Aviation battery market sizing
- Aviation battery market forecast
- Aviation battery market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Battery Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aviation battery market: Aerolithium Aviation Batteries, Amprius Technologies Inc., BAE Systems Plc, Concorde Battery Corp., Customcells Itzehoe GmbH, EaglePicher Technologies LLC, EnerSys, GS Yuasa International Ltd., HBL Power Systems Ltd., MarathonNorco Aerospace, Marvel Aero International Inc., Meggitt Plc, Mid Continent Instrument Co. Inc., Northrop Grumman Corp., Sichuan Changhong Electric Co. Ltd., Sion Power Corp., Teledyne Technologies Inc., Thales Group, The Boeing Co., and TotalEnergies SE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is declining prices of li-ion batteries."
According to the report, one of the major drivers for this market is the increasing demand for air transport.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aerolithium Aviation Batteries
- Amprius Technologies Inc.
- BAE Systems Plc
- Concorde Battery Corp.
- Customcells Itzehoe GmbH
- EaglePicher Technologies LLC
- EnerSys
- GS Yuasa International Ltd.
- HBL Power Systems Ltd.
- MarathonNorco Aerospace
- Marvel Aero International Inc.
- Meggitt Plc
- Mid Continent Instrument Co. Inc.
- Northrop Grumman Corp.
- Sichuan Changhong Electric Co. Ltd.
- Sion Power Corp.
- Teledyne Technologies Inc.
- Thales Group
- The Boeing Co.
- TotalEnergies SE