ID: MRFR/A&D/7294-HCR | February 2021 | Region: Global | 175 pages
Global Aircraft Battery Market is projected to reach USD 807.34 Million by 2025, registering a CAGR of 6.8% between 2019 and 2025. A battery contains one or more cells that convert chemical energy into electrical energy. Batteries are used during preflight to power up electrical systems and to start auxiliary power units (APU).
The global aircraft battery market has registered high growth over the past few years owing to the development of more electric aircraft for commercial aviation and an increase in demand for new aircraft. Moreover, the growing use of UAVs in commercial and civil applications are some factors driving the growth of the market.
Increase in Electrification of Aircraft Requires Advanced Batteries
By Battery Type
By Aircraft Type
Frequently Asked Questions (FAQ) :
Global aircraft battery market is estimated to grow at a CAGR of 6.8% by 2025.
Global aircraft battery market is estimated to acquire market value of USD 807.34 million by 2025.
Demand for an efficient battery management system and the adoption of fuel cells to lessen carbon emission are some of the lucrative market opportunities of the global aircraft battery market.
Global aircraft battery market can be segmented on the basis of aircraft type, battery type, and region.
GS Yuasa (Japan), Cella Energy (US), Concorde Battery Corporation (US), Mid-Continent Instruments and Avionics (US), are some of the key players of the global aircraft battery market.