About Military Aircraft Battery
Batteries are commonly used in any type of aircraft for various applications. In today’s time, counties are demanding aircraft equipped with various advanced technologies. The combat aircraft is an important part of the defense sector as they are mainly used in air-to-air combat, ground attacks, etc. which will accelerate the growth of military aircraft batteries. Further, the increasing use of advanced technologies like UAVs in the defense for surveillance and searching purposes will create significant opportunities for the military aircraft battery market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Military Aircraft Battery market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sion Power (United States), Teledyne Technologies (United States), EaglePicher Technologies (United States), EnerSys (United States), Saft (France), Concorde Battery Corporation (United States), GS Yuasa (Japan), True Blue Power (United States), JFM Engineering, Inc. (United States), Tadiran Batteries (United States) and Meggitt (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Military Aircraft Battery market by Type (Lithium-Based Battery, Nickel-Based Battery, Lead Acid Battery and Other), Application (Combat Aircraft, Non-Combat Aircraft and UAVs) and Region.
On the basis of geography, the market of Military Aircraft Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
Influencing Trend:
High Investment in the Innovation and Manufacturing of Advanced and High-Tech Aircraft Battery Systems
Market Growth Drivers:
Surging Demand for Lithium-Ion Batteries for Modern Combat Aircrafts Due to Integration of Advanced Technologies and Increasing Territorial Disputes and Political Among Countries and High Adoption of Advanced Aircraft by Developing Countries
Challenges:
Battery Leakage Issues of Lead-Acid Batteries Due to Internal Failure or Short Circuit is Likely to Limit the Adoption as It Can Harm Aircraft
Restraints:
High Initial Cost and Limited Lifespan of Some type of Aircraft Batteries May Hamper the Growth
Opportunities:
Emerging Trend of UAVs in the Defense Sector for Surveillance Purpose will Create Significant Opportunities
Market Leaders and their expansionary development strategies
In April 2024, ADVIK, a leading automotive component manufacturer, has successfully acquired business assets of Aceleron Energy Ltd., a UK-based advanced Li-ion battery company. This move signifies ADVIK's entry into the Electric Vehicle (EV) and Energy Storage System (ESS) sectors, aligning with its growth trajectory. The acquisition expands ADVIK's product range and customer base, aiming to enhance the development of next-gen energy storage solutions. Managed through its UK subsidiary ADVIK Technologies Limited, the acquisition integrates cutting-edge Li-Ion battery technology into ADVIK's portfolio.
In August 2023, Amprius Launches Silicon-Anode Battery For eVTOL. The battery cell has a power density of 400 Wh/kg at a C/5 discharge rate typical of electric vehicles. This compares with 250 Wh/kg for a commercial graphite-anode lithium-ion battery
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Military Aircraft Battery Manufacturers, Military Aircraft Battery Suppliers & Distributors, Venture Capitalists and Private Equity Firms 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.