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Aircraft Battery Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024

Aircraft

The “Aircraft Battery Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Aircraft Battery market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Aircraft Battery market is provided in detail in the report.

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Aircraft Battery Market Covers Key Players:

  • 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
  • EaglePitcher Technologies LLC
  • HBL Power Systems Ltd*

    Market Overview:

  • Market Overview::
  • The aircraft battery market is anticipated to reach USD 401.74 million by 2024, with a CAGR of 7.24%, during the forecast period.
  • – The rising interest of many aircraft battery manufacturers in developing more electric aircraft, combined with the need to reduce emissions, has been driving the market, currently.
  • – The increase in aircraft deliveries in the military and commercial sectors, over the years, has been driving the market for aircraft battery.
  • – The need for better battery management systems is expected to help the market grow in the coming fut

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Aircraft Battery Market opportunities and recommendations for new investments

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    Scope of the Report:

  • Batteries convert chemical energy directly into electrical energy. All aircraft that are currently operational incorporate an electrical system. The primary electrical system includes one or more batteries. Batteries are used during preflight to power up the electrical system and to start the auxiliary power unit.

    Key Market Trends:

    Li-ion Batteries Segment Projected to Grow at a High Pace Due to the Adoption of More-Electric Concept

    The shift toward all-electric aircraft is expected to generate demand for lithium-ion batteries in the coming years. Due to this, the use of the lithium-ion battery is likely to increase at the highest rate, when compared to other types, during the forecast period. Currently, lithium-ion batteries are being used in Boeing 787 Dreamliner aircraft and are also used in Airbus A380 to power its emergency lighting system. Also, Airbus initially planned to use Li-ion batteries in A-350, but following the few accidents in Boeing 787 due to Li-ion batteries, the OEM decided to use Ni-Cd batteries for A-350. Later, after considering the safety issues and other factors in detail, Airbus decided to install Li-ion batteries in A-350.

    Asia-Pacific Region Currently Holds a Major Share in the Aircraft Battery Market

    Asia-Pacific currently has the highest share in the aircraft battery market, due to the booming aviation industry in emerging economies, like China and India. As of January 2017, Asia-Pacific accounts for 32% of the total Airbus deliveries, worldwide. There were more than 3,400 aircraft in service, with about 100 airlines across the region, and approximately 2,400 aircraft on order with Asia-Pacific customers, for future delivery. The company delivered about 367 new planes to 50 operators across the region in 2017. Also, increasing military aircraft procurements, along with a significant increase in military expenditures of the countries to strengthen their military strength, are expected to support the growth of the region in the aircraft battery market.

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    Detailed TOC of Aircraft Battery Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness – Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Buyers/Consumers
    4.4.2 Bargaining Power of Suppliers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Lead Acid Battery
    5.1.2 Nickel Cadmium Battery
    5.1.3 Lithium-ion Battery
    5.2 Aircraft Type
    5.2.1 Civil Aviation
    5.2.2 Military Aviation
    5.2.3 UAV
    5.3 Supplier
    5.3.1 Original Equipment Manufacturer
    5.3.2 Aftermarket
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Rest of North America
    5.4.2 Europe
    5.4.2.1 United Kingdom
    5.4.2.2 France
    5.4.2.3 Germany
    5.4.2.4 Italy
    5.4.2.5 Switzerland
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 South Korea
    5.4.3.5 Rest of Asia-Pacific
    5.4.4 Latin America
    5.4.4.1 Brazil
    5.4.4.2 Mexico
    5.4.4.3 Rest of South America
    5.4.5 Middle East & Africa
    5.4.5.1 Saudi Arabia
    5.4.5.2 United Arab Emirates
    5.4.5.3 South Africa
    5.4.5.4 Qatar
    5.4.5.5 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Tesla Industries Inc.
    6.4.2 Concorde Battery Corporation
    6.4.3 GS Yuasa Corporation
    6.4.4 Kokam Co. Ltd
    6.4.5 Teledyne Technologies Incorporated
    6.4.6 True Blue Power
    6.4.7 Saft Groupe SA
    6.4.8 Sichuan Changhong Battery Co. Ltd
    6.4.9 Meggitt PLC
    6.4.10 EnerSys
    6.4.11 EaglePitcher Technologies LLC
    6.4.12 HBL Power Systems Ltd*

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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