MarketResearch.biz delivers in-depth insights on the global aircraft battery market in its upcoming report titled, “Global Aircraft Battery Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global drugs market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aircraft battery market report has been segmented on the product type, aircraft type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
A battery is a device which contains one or more cells that convert chemical energy directly into electrical energy. Aircraft batteries help to power the electrical system in an aircraft and are used for various functions which includes engine starter, solar integrated aircrafts, emergency power etc.
Rising adoption of electric aircraft technology is in turn expected to create demand for battery thereby, supporting growth of the global aircraft battery market over the forecast period. Increasing demand for unmanned aerial vehicle (UAV) owing to its use in life threatening military missions and increasing preference for modern warfare techniques by defense forces is in turn expected to drive growth of the global aircraft battery market over the forecast period. Continuous focus of manufacturers to develop innovative and novel electric aircraft batteries is expected to drive growth of the target market over the forecast period.
North America market dominates the global aircraft battery market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to increasing manufacturing of commercial and military aircraft in the region. Europe accounts for second-largest revenue share contribution to the global nasal drug delivery systems market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Rapidly developing aviation industry in the country such as China, Japan, India coupled with favorable government initiatives is expected to be key factor supporting growth of the market in region over the forecast period.
Target audience for the global aircraft battery market includes aircraft battery manufacturers, suppliers of aircraft battery, manufacturers of defense components etc., research institutes, and government organizations etc.,
Global aircraft battery market segmentation, by product type:
- Nickel Cadmium Battery
- Lead Acid Battery
- Lithium Ion Battery
Global battery energy storage systems market segmentation, by aircraft type:
- Civil Aviation
- Military Aviation
- Unmanned Aerial Vehicle
Global aircraft battery market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Cella Energy
- Concorde Battery Corporation
- EaglePicher Technologies, LLC
- GS Yuasa
- Marvel Aero International
- Marathonnorco Aerospace
- Mid-Continent Instrument Co., Inc.
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