Global Commercial Aircraft Battery Market Growth 2023-2029

Global Commercial Aircraft Battery Market Growth 2023-2029

Commercial Aircraft Batteries are used to start engines while initiating taxiing and auxiliary power units (APUs) for a variety of functions, such as acting as a buffer in regulating DC network voltage, and ensuring acceptable power quality for the equipment connected to it. In case of in-flight general electrical failure, the aircraft depends on batteries to power the essential loads until landing and evacuation.

Among all types of batteries used, Li-ion batteries are gaining momentum for their application in commercial aircraft and are growing rapidly in the battery market.

LPI (LP Information)' newest research report, the “Commercial Aircraft Battery Industry Forecast” looks at past sales and reviews total world Commercial Aircraft Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Aircraft Battery sales for 2023 through 2029. With Commercial Aircraft Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Aircraft Battery industry.

This Insight Report provides a comprehensive analysis of the global Commercial Aircraft Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Aircraft Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Commercial Aircraft Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Aircraft Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Aircraft Battery.

The global Commercial Aircraft Battery market size is projected to grow from US$ 137.2 million in 2022 to US$ 155 million in 2029; it is expected to grow at a CAGR of 155 from 2023 to 2029.

At present, there are a few manufacturers in the world and the market concentration is high. The top5 revenue companies are Concorde Battery, Cella Energy, Saft, Gill Battery and EaglePitcher. The five companies occupy about 75% of the market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Aircraft Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Lithium-Based Battery

Nickel-Based Battery

Lead Acid Battery

Segmentation by application

Main Battery

APU Battery

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Concorde Battery

Cella Energy

Saft

Sion Power

Gill Battery

Aerolithium Batteries

EaglePitcher

True Blue Power

GS Yuasa

Key Questions Addressed in this Report

What is the 10-year outlook for the global Commercial Aircraft Battery market?

What factors are driving Commercial Aircraft Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Commercial Aircraft Battery market opportunities vary by end market size?

How does Commercial Aircraft Battery break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.