PUBLISHER: TechNavio | PRODUCT CODE: 1291050
PUBLISHER: TechNavio | PRODUCT CODE: 1291050
The aviation battery market is forecasted to grow by USD 317.81 mn during 2022-2027, accelerating at a CAGR of 7.26% 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.
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.
Technavio's aviation battery market is segmented as below:
By Battery Type
By Distribution Channel
By Geographical Landscape
This study identifies the declining prices of li-ion batteries as one of the prime reasons driving the aviation battery market growth during the next few years. Also, the emergence of electric aircraft and the development of drone swarm technology will lead to sizable demand in the market.
The report on the aviation battery market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aviation battery market vendors that include Aerolithium Aviation Batteries, Amprius Technologies Inc., BAE Systems Plc, Concorde Battery Corp., Customcells Itzehoe GmbH, EaglePicher Technologies LLC, EnerSys, GS Yuasa Corp., HBL Power Systems Ltd., MarathonNorco Aerospace, Marvel Aero International Inc., Meggitt Plc, Mid Continent Instrument Co. Inc., Northrop Grumman Systems Corp., Sion Power Corp., Teledyne Technologies Inc., Thales Group, The Boeing Co., TotalEnergies SE, and Sichuan Changhong Electric. Also, the aviation battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 publisher presents a detailed picture of the market by 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.
Exhibits: