18-Sep-2024 | Zion Market Research
As per Zion Market Research, the global market for aircraft battery is expected to develop and reach USD 843.22 Million By 2032 from USD 413.48 Million in 2023, with a CAGR of almost 8.24%. The major factor which is predicted to act as a primary booster for the market is the rising requirement for UAVs. This, in turn, is predicted to power the development of the aircraft battery market in the coming period. The aircraft battery market has been divided by application, offering, end user, aviation type, power density, aviation technology, and region.
Major players in the market comprise Saft, Concorde Battery, Gill Batteries, EnerSys, and Sichuan Changhong Battery, amongst others.
The Product Section Is Predicted To Dominate The Global Aircraft Battery Market
By offering, the aircraft battery market has been divided into service and product. The product section is predicted to dominate the global aircraft battery market. The product section comprises all the battery management systems and battery types employed in aircraft. As the aircraft structure is shifting toward more electric structure, the requirement for more number of and better batteries is powering the product section of the global market for aircraft battery.
The OEM Section Of The Aircraft Battery Market Is Expected To See The Max Development In The Years To Come
By end user, the aircraft battery market has been divided into aftermarket and OEM. The OEM section of the aircraft battery market is expected to see the max development in the years to come. OEMs (Original Equipment Manufacturers) are accountable for the set up of battery elements. This has turned out to be a suitable option for airline firms, as after the aircraft delivery, modification turns out to be burdensome for aircraft makers.
North America Is Predicted To Dominate The Market Owing To The Rising Requirement For Aircraft Batteries
The aircraft battery market has been divided into Asia Pacific, Europe, North America, and Rest of the World (RoW). The North America area is predicted to dominate the market owing to the rising requirement for aircraft batteries due to the huge existing fleet and development in the production of military & commercial aircraft in the area.
Browse the full “Aircraft Battery Market - by Application (APU, Propulsion, and Emergency), by Offering (Product- Battery (Lead Acid, Lithium Ion, NICAD, and Others) and BMS), and Services), End User, Aircraft Type, Aircraft Technology, Power Density, and Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032.” Report at https://www.zionmarketresearch.com/report/aircraft-battery-market
The global aircraft battery market is segmented as follows:
By Offering
By Application
By Aircraft Type
By End User
By Aircraft Technology
By Power Density
By Region
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