About Aerospace Lithium-ion Battery
A lithium-ion (Li-ion) battery is a high-performance battery that employs lithium ions as a key component of its electrochemistry. Lithium atoms in the anode are ionized and separated from their electrons during a discharge cycle. The lithium ions go from the anode via the electrolyte to the cathode, where they recombine with their electrons and become electrically neutral. Between the anode and the cathode, the lithium ions are tiny enough to pass through a micro-permeable separator. Li-ion batteries can have a very high voltage and charge storage per unit mass and volume, to lithium's small size. Lithium batteries are utilized in a variety of technologies in aviation. The most common application is in portable electronic gadgets, but they are also used to give power to various aviation systems. Lithium batteries can overheat and ignite if handled incorrectly, resulting in difficult-to-extinguish fires.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, and 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 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.
Contemporary Amperex Technology Co. (China), LG Chem (South Korea), AeroExpo (France), Aerolithium Aviation (United States), Sion Power (United States), Concorde Battery (United States), Cella Energy (United Kingdom), Saft (France), Tadiran Batteries GmbH (Germany), 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 Aerospace Lithium-ion Battery market by Type (Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO) and Lithium Nickel Cobalt Aluminum Oxide (NCA)), Application (Private Aircraft, Military Aircraft and Commercial Aircraft) and Region.
On the basis of geography, the market of Aerospace Lithium-ion 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).
Influencing Trend:
High Investment in the Innovation and Manufacturing of Advanced and High-Tech Aircraft Battery Systems and The Adoption of Fully Electronic Aircraft Battery
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:
Complexities with Regular Maintenance of Aircraft Battery
Restraints:
High Initial Cost and Limited Lifespan of Some Type of Aircraft Batteries May Hamper the Growth
Opportunities:
Governments of Various Countries Are Collaborating With Automotive Manufacturers to Address the Growing Concerns and Growing Aviation Industry across the World
Market Leaders and their expansionary development strategies
In July 2021 - The German electric air taxi company Lilium announced a new partnership with battery manufacturer CUSTOMCELLS to provide batteries for Lilium’s 7-Seater Jet. This partnership will allow for the industrialized production of lithium-ion batteries for Lilium’s air taxi operations.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Aerospace Lithium-ion Battery Manufacturers, Aerospace Lithium-ion 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.