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Aircraft Battery - Global Market Trajectory & Analytics

  • ID: 4804459
  • Report
  • April 2021
  • Region: Global
  • 375 Pages
  • Global Industry Analysts, Inc
Global Aircraft Battery Market to Reach $790.4 Million by 2027

Amid the COVID-19 crisis, the global market for Aircraft Battery estimated at US$530.1 Million in the year 2020, is projected to reach a revised size of US$790.4 Million by 2027, growing at a CAGR of 5.9% over the period 2020-2027. Products, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$554.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $143.5 Million, While China is Forecast to Grow at 9% CAGR

The Aircraft Battery market in the U.S. is estimated at US$143.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$168 Million by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 42 Featured):
  • Cella Energy Ltd.
  • Concorde Battery Corporation
  • EaglePicher Technologies
  • EnerSys
  • GS Yuasa International Ltd.
  • Kokam Co., Ltd.
  • MarathonNorco Aerospace, Inc.
  • Marvel Aero International, Inc.
  • Mid-Continent Instruments and Avionics
  • SAFT
  • Sichuan Changhong Battery Co., Ltd.
  • Teledyne Battery Products
Frequently Asked Questions about the Global Market for Aircraft Battery

What is the estimated value of the Global Market for Aircraft Battery?

The Global Market for Aircraft Battery was estimated to be valued at $530.1 Million in 2020.

What is the growth rate of the Global Market for Aircraft Battery?

The growth rate of the Global Market for Aircraft Battery is 5.9%, with an estimated value of $790.4 Million by 2027.

What is the forecasted size of the Global Market for Aircraft Battery?

The Global Market for Aircraft Battery is estimated to be worth $790.4 Million by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Aircraft Battery: A Prelude
  • North America: The Largest Market for Aircraft Battery
  • Asia-Pacific Aircraft Battery Market: An Insight
  • Impact of Covid-19 and a Looming Global Recession
  • Rising Implementation of Electric Aircraft Technologies in Commercial Aircraft Boost the Market
  • Aircraft Battery Market to Witness Huge Demand with Rise in New Aircraft Fleet
  • Efficient Battery Management Systems: Need of the Hour
  • Requirement for Innovative Battery Solutions Offer Market Opportunity
  • High Costs Associated with Developing Various Aircraft Batteries Hampers the market Growth
  • Increasing Demand for Unmanned Aerial Vehicles (UAVs) in Civil and Commercial Applications Bodes Well for the Market
  • Market for Lithium-Based Batteries to Witness Huge Growth
  • An Introduction to Aircraft Battery
  • Description
  • Terms
  • Battery Theory
  • Aviation Requirements
  • Battery Types
  • Threats


  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown