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The aviation battery market size is forecast to increase by USD 369.1 million at a CAGR of 7.81% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for air transport and the declining prices of Lithium-ion (Li-ion) batteries. These batteries offer several advantages over traditional lead-acid batteries, including higher energy density, longer cycle life, and lighter weight. However, the market faces challenges from competition with fuel cells, which offer similar benefits but with the added advantage of producing no emissions. The aviation industry's shift towards sustainable and eco-friendly solutions is expected to increase the adoption of Li-ion batteries in the coming years. Additionally, advancements in battery technology, such as solid-state batteries, are expected to further drive market growth.
Overall, the market is poised for the growth, with increasing demand from the air transport sector and technological advancements in battery technology.
The market is a significant segment of the electrical solutions industry, catering to the power needs of various aircraft systems. The market focuses on providing sustainable operations for aircraft, ensuring safety and efficiency. Aircraft batteries play a crucial role in electrical energy storage, powering auxiliary power units (APUs), engines, and electrical systems during preflight and in-flight operations. Chemical energy is the primary source of power for these batteries, which convert chemical energy into electrical energy. The market offers high-energy-density battery options for both manned and unmanned aircraft systems. The aviation industry's efforts towards sustainable planet initiatives have led to an increasing demand for electric engines as alternatives to traditional jet and combustion engines.
Moreover, aircraft batteries are essential components of aircraft electrical systems, powering generators, APUs, and electronic controls. Warming systems also rely on these batteries for operation. Unmanned aircraft systems have gained popularity, further increasing the demand for aviation batteries. Safety remains a top priority in the aviation industry, ensuring that all aircraft components, including batteries, meet stringent safety standards. The market is expected to grow significantly due to the increasing focus on reducing airplane noise and improving overall aircraft performance.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The nickel-based batteries segment is estimated to witness significant growth during the forecast period.The Aircraft Battery Market encompasses electrical solutions for sustainable operations in the aviation industry. Aircraft batteries play a crucial role in powering various aircraft systems, including safety-critical applications such as Auxiliary Power Units (APUs), engines, and electrical systems. These batteries store chemical energy and convert it into electrical energy, supplying power to electrical circuits during preflight and in-flight operations. Nickel-based batteries, including Nickel-Cadmium (Ni-Cd) and Nickel-Metal Hydride (NiMH) batteries, dominate the market. Ni-Cd batteries, in particular, are widely used due to their reliability, low maintenance cost, and wide operating temperature range. Saft Groupe SA is a leading manufacturer of Ni-Cd batteries in the aviation industry.
However, these batteries require proper maintenance to ensure longevity. As the electrification of aircraft gains momentum due to concerns over global warming, CO2 emissions, and aircraft noise levels, there is a growing demand for high-energy density, portable batteries. Lithium-ion batteries are becoming increasingly popular due to their high energy density and low weight. Despite their advantages, lithium-ion batteries have safety concerns and require careful handling. The aviation battery industry is expected to grow significantly during the forecast period due to the increasing electrification of aircraft systems. However, the industry faces challenges such as battery materials, fuel consumption, emissions, and hydraulically controlled systems' electrification.
Generators and APUs serve as backup supplies when electrical circuits fail. Therefore, the market for aviation batteries is poised for growth, driven by the need for sustainable, efficient, and safe electrical systems in aircraft operations.
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The nickel-based batteries segment was valued at USD 287.50 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Emergency market plays a crucial role in ensuring the safety and reliability of aircraft operations. These batteries are designed to provide power during emergency situations, such as unexpected power loss or system failures. The market for emergency aviation batteries is expected to witness steady growth due to increasing demand for safety and security in the aviation industry. According to various market research firms, the market is anticipated to expand at a significant CAGR during the forecast period. Factors driving the growth include the increasing number of aircraft deliveries, technological advancements, and stringent regulations. Additionally, the growing preference for electric and hybrid aircraft is expected to provide significant opportunities for market players. Despite the challenges, the market is expected to remain stable, driven by the need for reliable emergency power solutions in the aviation sector.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing demand for air transport is the key driver of the market. The market has witnessed notable growth due to the escalating demand for electrical solutions in aircraft systems for sustainable operations. With the increasing emphasis on safety and reducing carbon dioxide emissions, aircraft batteries have become an integral part of aircraft electrical systems. Aircraft batteries provide electrical energy to various aircraft systems during preflight, takeoff, and in-flight operations. These batteries serve as backup supplies when the Auxiliary Power Unit (APU) or generators fail. The global aircraft fleet continues to expand, fueling the need for advanced and efficient battery technologies. Lithium-ion, Nickel-Cadmium, and Lead-Acid batteries are commonly used in aircraft due to their high-energy density, portability, and low maintenance cost.
Moreover, the electrification of aircraft is gaining momentum as a means to address global warming and reduce CO2 emissions. This trend is expected to further propel the growth of the aviation battery industry. Moreover, electric systems are increasingly replacing hydraulically controlled systems to reduce fuel consumption and emissions. Aircraft noise levels are also a significant concern, and the use of electric systems can help mitigate this issue. The power requirement for electric systems is increasing, necessitating the development of advanced battery materials. The global aircraft fleet's expansion, air travel growth, and the need for sustainable operations are key factors driving the demand for aviation batteries.
Declining prices of Li-ion batteries is the upcoming trend in the market. The market encompasses the production, sales, and usage of batteries employed in powering various aircraft systems. Li-ion batteries, known for their high energy density, have emerged as a popular choice in the Aircraft Battery Industry due to their ability to provide electrical solutions for sustainable aircraft operations. These batteries are utilized in various applications, including the electrical system, Auxiliary Power Unit (APU), and generators, serving as backup supplies when electrical circuits fail. Li-ion batteries, such as those used in electric vehicles, are increasingly being adopted in the aviation sector due to their advantages, including lightweight, low maintenance cost, and high energy storage potential.
However, their higher initial cost compared to Nickel-Cadmium and Lead-Acid batteries is a significant consideration. Despite this, the cost of Li-ion batteries has been declining due to increased production scale and manufacturing efficiency. The electrification of aircraft is gaining momentum as a response to global warming and the need for sustainable aviation practices. This trend is expected to drive the demand for high-performance batteries, as electric aircraft require substantial power for takeoff and landing. The reduction of CO2 emissions, fuel consumption, and aircraft noise levels are also key factors contributing to the growth of the Aircraft Battery Market. Hydraulically controlled systems in aircraft are gradually being replaced with electric systems, further increasing the demand for batteries.
Moreover, in the event of generator failure, Li-ion batteries can provide backup power to critical systems, ensuring safety during flight. The global aircraft fleet continues to expand, leading to an increase in the demand for batteries to power these aircraft. In summary, the market is poised for significant growth due to the increasing adoption of electric systems in aircraft and the need for sustainable operations. Li-ion batteries, with their high energy density and low maintenance requirements, are expected to dominate the market. However, the high initial cost remains a challenge that must be addressed to fully realize the potential of electric aircraft.
Competition from fuel cells is a key challenge affecting the market growth. The market is witnessing significant growth due to the increasing demand for electrical solutions in sustainable aircraft operations. Aircraft batteries, which store chemical energy and convert it into electrical energy, play a crucial role in powering various aircraft systems. These batteries are essential for safety reasons, as they serve as backup supplies when generators fail. Aircraft batteries come in various types, including Lithium-ion, Nickel-Cadmium, and Lead-Acid, each with its unique advantages. Lithium-ion batteries offer high-energy density and low maintenance cost, making them popular for portable applications. The electrification of aircraft is gaining momentum due to the global focus on reducing carbon dioxide emissions and decreasing air travel's environmental impact.
Moreover, fuel cells are emerging as potential energy providers for aircraft, supplying power to the electrical system as an auxiliary power unit. Fuel cells convert chemical energy into electrical energy through electrochemical reactions, making them more efficient and non-polluting than traditional fuel combustion. However, the high cost of fuel cells is a significant challenge, leading to ongoing research and development efforts to create affordable alternatives. Aircraft batteries are essential for various aircraft systems, including engines, electrical systems, and preflight checks. They power the Auxiliary Power Unit (APU) and generators, ensuring the electrical circuits have a constant supply of power. In case of generator failure, the batteries serve as backup supplies. With the increasing focus on electric systems, the demand for aircraft batteries is expected to grow. The global aircraft fleet's electrification is set to reduce fuel consumption, emissions, and aircraft noise levels, making air travel more sustainable. Hydraulically controlled systems are gradually being replaced by electric systems, further increasing the demand for aircraft batteries.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aerolithium Aviation Batteries - The company offers aviation batteries such as Aerolithium Lithium battery technology and experimental backup battery.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Electrical Solutions for Sustainable Operations in Aircraft Industry the market is witnessing significant growth due to the increasing focus on sustainable operations in the aircraft industry. Aircraft batteries play a crucial role in powering various aircraft systems, including Auxiliary Power Units (APUs), engines, electrical systems, and backup supplies. These batteries provide electrical energy from chemical energy, ensuring safety and reliability during preflight and in-flight operations. Two primary types of aircraft batteries are Lithium-ion and Nickel-Cadmium, Nickel-cadmium being the traditional choice but Lithium-ion gaining popularity due to its high energy density and low maintenance cost. The electrification of aircraft is a growing trend, with electric systems replacing hydraulically controlled systems to reduce fuel consumption, CO2 emissions, and aircraft noise levels.
Moreover, aircraft batteries are used in various applications such as APUs, generators, and electrical circuits. In case of generators fail, these batteries serve as backup supplies. The global aircraft fleet is continually expanding, leading to an increased demand for efficient and reliable batteries. The market is driven by the need for electrical solutions to support the growing power requirement of modern aircraft systems. The market is expected to grow significantly due to the increasing focus on reducing carbon dioxide emissions and minimizing air travel noise levels.
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Market Scope |
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Report Coverage |
Details |
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Page number |
171 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.81% |
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Market growth 2024-2028 |
USD 369.1 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.25 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 31% |
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Key countries |
US, China, Russia, Japan, and Israel |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Aerolithium Aviation Batteries, Amprius Technologies Inc., BAE Systems Plc, Concorde Battery Corp., Customcells Itzehoe GmbH, EaglePicher Technologies LLC, EnerSys, GS Yuasa International Ltd., HBL Power Systems Ltd., MarathonNorco Aerospace, Marvel Aero International Inc., Meggitt Plc, Mid Continent Instrument Co. Inc., Northrop Grumman Corp., Sichuan Changhong Electric Co. Ltd., Sion Power Corp., Teledyne Technologies Inc., Thales Group, The Boeing Co., and TotalEnergies SE |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Battery Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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