PUBLISHER: IMARC | PRODUCT CODE: 1347737
PUBLISHER: IMARC | PRODUCT CODE: 1347737
Commercial Aircraft Battery Market Report by Type (Lithium-based Battery, Nickel-based Battery, Lead Acid Battery), Application (Main Battery, Auxiliary Power Unit (APU) Battery), and Region 2023-2028
Market Overview:
The global commercial aircraft battery market size reached US$ 179.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 255.5 Million by 2028, exhibiting a growth rate (CAGR) of 6.17% during 2023-2028. Increasing demand for more fuel-efficient and environmentally friendly aircraft, growing emphasis on sustainable aviation, the rising air passenger traffic, and the subsequent expansion of the commercial airline fleet represent some of the key factors driving the market.
Commercial aircraft batteries play a crucial role in modern aviation, providing power for essential systems and ensuring the safety and reliability of flights. They are specially designed to meet the stringent requirements of the aerospace industry. They are usually constructed using advanced technologies and high-quality materials to ensure optimal performance and longevity. The working principle of a commercial aircraft battery involves converting stored chemical energy into electrical energy, which is then used to power various aircraft systems. This energy conversion is achieved through a chemical reaction that occurs within the battery cells. Lead-acid, nickel-cadmium (NiCd), and lithium-ion (Li-ion) are some of the common types of batteries used in commercial aircrafts. These batteries offer enhanced safety by providing backup power in the event of an engine failure or electrical system malfunction. Moreover, they can also support auxiliary power during ground operations, reducing the need for external power sources and improving operational efficiency.
Commercial Aircraft Battery Market Trends:
The global commercial aircraft battery market is primarily driven by the increasing demand for more fuel-efficient and environmentally friendly aircraft and the growing emphasis on sustainable aviation. Moreover, the rising air passenger traffic and the subsequent expansion of the commercial airline fleet are boosting the market growth. This is further boosted by the growing trend of electric aircraft and hybrid-electric propulsion systems and rapid advancements in battery technologies, such as lithium-ion batteries with improved energy density and longer life cycles, are fueling market growth. Furthermore, the increasing focus on safety and the escalating need for reliable power sources in critical situations are accelerating the market growth. In line with this, the growing integration of advanced avionics systems, including electronic flight bags and in-flight entertainment systems, and the need for lightweight and compact batteries to optimize aircraft performance and reduce fuel consumption are contributing to the market growth. Other factors, including the implementation of various government initiatives to provide reliable backup power to critical systems, such as flight control, avionics, and emergency lighting, the growing need for reliable and efficient battery systems, and enhanced focus on research and development (R&D) activities, are presenting remunerative growth opportunities for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global commercial aircraft battery market, along with forecasts at the global levels from 2023-2028. Our report has categorized the market based on type and application.
Type Insights:
Lithium-based Battery
Nickel-based Battery
Lead Acid Battery
The report has provided a detailed breakup and analysis of the commercial aircraft battery market based on the type. This includes lithium-based battery, nickel-based battery, and lead acid battery. According to the report, lead acid battery represented the largest segment.
Application Insights:
Main Battery
Auxiliary Power Unit (APU) Battery
The report has provided a detailed breakup and analysis of the commercial aircraft battery market based on the application. This includes main battery and auxiliary power unit (APU) battery. According to the report, main battery represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for commercial aircraft battery. Some of the factors driving the North America commercial aircraft battery market included the significant growth the aviation industry, the expanding aftermarket segment, the surging collaborations and partnerships between battery manufacturers and aircraft OEMs, and the development of customized battery solutions.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global commercial aircraft battery market. Detailed profiles of all major companies have been provided. Some of the companies covered include Concorde Battery Corporation, EaglePicher Technologies, Enersys, HBL Power Systems Ltd., Saft (TotalEnergies), True Blue Power (Mid-Continent Instrument Co. Inc.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global commercial aircraft battery market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global commercial aircraft battery market?
- What is the impact of each driver, restraint, and opportunity on the global commercial aircraft battery market?
- What are the key regional markets?
- Which countries represent the most attractive commercial aircraft battery market?
- What is the breakup of the market based on type?
- Which is the most attractive type in the commercial aircraft battery market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the commercial aircraft battery market?
- What is the competitive structure of the global commercial aircraft battery market?
- Who are the key players/companies in the global commercial aircraft battery market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Commercial Aircraft Battery Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Lithium-based Battery
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Nickel-based Battery
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Lead Acid Battery
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Main Battery
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Auxiliary Power Unit (APU) Battery
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Concorde Battery Corporation
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 EaglePicher Technologies
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 SWOT Analysis
- 13.3.3 Enersys
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 HBL Power Systems Ltd.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.5 Saft (TotalEnergies)
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 True Blue Power (Mid-Continent Instrument Co. Inc.)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.1 Concorde Battery Corporation
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Commercial Aircraft Battery Market: Major Drivers and Challenges
- Figure 2: Global: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Commercial Aircraft Battery Market: Breakup by Type (in %), 2022
- Figure 5: Global: Commercial Aircraft Battery Market: Breakup by Application (in %), 2022
- Figure 6: Global: Commercial Aircraft Battery Market: Breakup by Region (in %), 2022
- Figure 7: Global: Commercial Aircraft Battery (Lithium-based Battery) Market: Sales Value (in Million US$),2017 & 2022
- Figure 8: Global: Commercial Aircraft Battery (Lithium-based Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Commercial Aircraft Battery (Nickel-based Battery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Commercial Aircraft Battery (Nickel-based Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Commercial Aircraft Battery (Lead Acid Battery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Commercial Aircraft Battery (Lead Acid Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Commercial Aircraft Battery (Main Battery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Commercial Aircraft Battery (Main Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Commercial Aircraft Battery (Auxiliary Power Unit (APU) Battery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Commercial Aircraft Battery (Auxiliary Power Unit (APU) Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: North America: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: North America: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: United States: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: United States: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Canada: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Canada: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Asia-Pacific: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Asia-Pacific: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: China: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: China: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Japan: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Japan: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: India: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: India: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: South Korea: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: South Korea: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Australia: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Australia: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Indonesia: Commercial Aircraft Battery Market: Sales Value (in Million US$),2017 & 2022
- Figure 36: Indonesia: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Others: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Others: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Europe: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Europe: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Germany: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Germany: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: France: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: France: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: United Kingdom: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: United Kingdom: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Italy: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Italy: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Spain: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Spain: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Russia: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Russia: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Latin America: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Latin America: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Brazil: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Brazil: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Mexico: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Mexico: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Others: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Others: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Middle East and Africa: Commercial Aircraft Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Middle East and Africa: Commercial Aircraft Battery Market: Breakup by Country (in %), 2022
- Figure 65: Middle East and Africa: Commercial Aircraft Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Global: Commercial Aircraft Battery Industry: Drivers, Restraints, and Opportunities
- Figure 67: Global: Commercial Aircraft Battery Industry: Value Chain Analysis
- Figure 68: Global: Commercial Aircraft Battery Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Commercial Aircraft Battery Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Commercial Aircraft Battery Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Commercial Aircraft Battery Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Commercial Aircraft Battery Market Forecast: Breakup by Region (in Million US$),2023-2028
- Table 5: Global: Commercial Aircraft Battery Market: Competitive Structure
- Table 6: Global: Commercial Aircraft Battery Market: Key Players
