Aircraft Battery Market Size Worth US$ 800 Million by 2024

The Aircraft Battery Market is expected to exceed more than US$ 800 Million by 2024 at a CAGR of 7.2% in the given forecast period.

Market Research Engine has published a new report titled as “Aircraft Battery Market By Application; By Offering; By Aircraft Type; By End Use; By Aircraft Technology; By Power Density and by Regional Analysis - Global Forecast by 2017 - 2023”.

A battery is a device containing single or multiple cells that convert chemical energy into electrical energy. an aircraft contains a main battery and auxiliary power unit (APU) battery. the most battery activates the aircraft even before the aircraft engine has started. Main batteries also are used in refueling the plane. the main battery provides backup power to the aircraft just in case of emergency power failure. aircraft batteries help to power the electrical system in an aircraft. when the APU or engine starts, they drive the aircraft generator that power the aircraft’s electrical system and conjointly recharges the aircraft batteries. APU conjointly acts as redundancies just in case of emergency power failure. lithium ion batteries are employed in main and APU batteries. These batteries are fabricated from eight cells that produce ~32-V DC. lithium ion batteries contain redundancies that help the aircraft to fly even in case of battery fault.

The Aircraft Battery Market is expected to exceed more than US$ 800 Million by 2024 at a CAGR of 7.2% in the given forecast period.

The scope of the report includes a detailed study of Aircraft Battery Market with the reasons given for variations in the growth of the industry in certain regions.

Browse Full Report: https://www.marketresearchengine.com/aircraft-battery-market

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Cella Energy, Concorde Battery Corporation, Enersys, Eaglepicher, GS Yuasa, Kokam, Marvel Aero International, Marathonnorco Aerospace, Mid-Continent Instruments and Avionics, Saft, Sichuan Changhong Battery and Teledyne Battery Products. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

This report provides:
1) An overview of the global market for Aircraft Battery Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Aircraft Battery Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The Aircraft Battery Market is segmented on the Basis of Application Type, Offering Type, Aircraft Technology, Aircraft Type, End User Type, Power Density and Regional Type. By Application Type is segmented on the Basis of Propulsion, Auxiliary Power Unit (APU), Emergency and Others. By Offering Type is segmented on the Basis of Product and Service.

By Aircraft Technology is segmented on the Basis of Traditional Aircraft, More Electric Aircraft, Hybrid Aircraft and Electric Aircraft. By Aircraft Type is segmented on the Basis of Civil Aviation, Military Aviation and UAV. By End User Type is segmented on the Basis of Original Equipment Manufacturer (OEM) and Aftermarket. By Power Density Type is segmented on the Basis of Less Than 300 Wh/Kg and More Than 300 Wh/Kg. By Regional Type this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of the World.

The major driving factors of Aircraft Battery Market are as follows:
• Increasing Adoption of More Electric Aircraft Technology in Commercial Aircraft
• Increase in the Number of Aircraft Deliveries
• Increasing Adoption of UAVs in Commercial and Civil Applications

The major opportunities factor of Aircraft Battery Market are as follows:
• Need for Advanced Battery Solutions for Non-Traditional Aircraft
• Adoption of Fuel Cells to Reduce Carbon Emissions
• Need for Better Battery Management Systems

The major challenges factor of Aircraft Battery Market are as follows:
• Operational Challenges Associated with Lithium-Based Aircraft Battery

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Table of Contents:
1. Introduction
2. Research Methodology
3. Summary with Insights
4. Market Overview
5. Aircraft Battery Market Analysis, By Offering
6. Aircraft Battery Market Analysis, By Application
7. Aircraft Battery Market Analysis, By Aircraft Technology
8. Aircraft Battery Market Analysis, By Aircraft Type
9. Aircraft Battery Market Analysis, By End User
10. Aircraft Battery Market Analysis, By Power Density
11. Aircraft Battery Market Analysis, By Region
12. Competitive Overview
13. Company Profiles
13.1 Cella Energy
13.2 Concorde Battery Corporation
13.3 Enersys
13.4 Eaglepicher
13.5 GS Yuasa
13.6 Kokam
13.7 Marvel Aero International
13.8 Marathonnorco Aerospace
13.9 Mid-Continent Instruments and Avionics
13.10 Saft
13.11 Sichuan Changhong Battery
13.12 Teledyne Battery Products

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Release ID: 395719