About Aircraft Battery
The aircraft battery market is expected to rise n the coming years due to the rising number of travelers form airplanes, the need for proper emergency preparations, and wit the continuous production of aircraft batteries. The aircraft battery widely uses a lead-acid battery, a nickel-based battery which is necessary for the electrical system based on the types of aircraft. Most of the time the primary system of the aircraft has one or more batteries that are used during preflight to power up the system and start the engines.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saft (France), Sion Power Corporation (United States), Concorde Battery Corporation (United States), GS Yuasa Corporation (Japan), The Gill Electric Company (United States), Mid-Continent Instrument Co., Inc.(Trueblue Power) (United States), EaglePicher Technologies (United States), Oxis Energy Ltd (United Kingdom) and Amprius Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Aircraft Battery market by Type (Lead Acid Battery {Dry Charged Cell Lead Acid Batteries, Valve-Regulated Lead-Acid Batteries (VRLA)}, Lithium-based Battery, Nickel-Based Battery and Other), Application (Ground Power, Fault Clearing, Propulsion, Auxiliary Power Unit and Others) and Region.
On the basis of geography, the market of Aircraft Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Electronic will boost the Aircraft Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Aircraft, the sub-segment i.e. Private Aircraft will boost the Aircraft Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Adoption of Fully Electronic Aircraft Battery and Technological Advancements in Battery System of Aircrafts
Market Growth Drivers:
Demand for Energy Efficiency in Aircraft for Proper Functioning of Aircraft Systems, Need for Ensuring Safety in Emergency Situations and Rising Demand for Airways Traveling
Challenges:
Complexities with Regular Maintenance of Aircraft Battery and Problems with Weight and Handling of Aircraft Battery
Restraints:
High Cost Associated with Aircraft Battery and Stringent Regulatory Standards Regarding Aviation Batteries
Opportunities:
Increasing Investment in Aviation Infrastructure will Boost the Aircraft Battery and Growing Aviation Industry Across the World
On 13th January 2020, Concorde Battery Corporation announced an increase in battery capacity options for Phenom 300 operators. EMB505 operators may now install higher capacity Concorde batteries in the Phenom 300 with FAA approved STC SA00959DE and EASA ESTC 10072168 Rev. 1. These new STCs provide for an option between an RG-390E 28 Ah or RG-390E/30 30 Ah auxiliary battery and an RG-380E/44 42 Ah, RG-380E/60L 48 Ah or RG-380E/53L 53 Ah main starting battery, permitting operators the option to cater battery capacities to unique operational requirements for optimized performance. Phenom 300 operators have realized improved reliability and longer life with Concorde batteries. Further maximize the life of your aircraft's batteries by increasing capacity with this superior upgrade.
Key Target Audience
Aircraft Battery Manufacturers, Aircraft Battery International Traders, Aircraft Battery Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.