Aircraft Batteries Global Market Opportunities And Strategies To 2032

Table of Contents

1. Executive Summary

2. Table Of Contents

3. List Of Figures

4. List Of Tables

5. Report Structure

6. Introduction And Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Aircraft Batteries Market Definition and Segmentations
6.4. Market Segmentation By Battery Type
6.4.1. NiMH (Nickel Metal Hydride)
6.4.2. Nickel Cadmium (NiCd)
6.4.3. Lithium - Ion
6.4.4. Other Battery Types
6.5. Market Segmentation By Technology
6.5.1. Traditional
6.5.2. More Electric
6.5.3. Hybrid Electric
6.5.4. Fully Electric
6.6. Market Segmentation By Platform
6.6.1. Fixed Wing
6.6.2. Rotary Wing
6.6.3. Unmanned Aerial Vehicles (UAVs)
6.6.4. Advanced Air Mobility

7. Major Market Trends
7.1. High-Voltage Battery Technology
7.2. Innovative Battery Packs
7.3. Ultra-Low Maintenance Aviation Batteries
7.4. Technological Advancements
7.5. Strategic Partnerships And Collaborations
7.6. Shift From Nickel-Cadmium Batteries To Lithium-Ion Batteries

8. COVID-19 Impact
8.1. Impact On Manufacturers
8.2. Impact On Airliners
8.3. Future Outlook

9. Ukraine-Russia War Impact
9.1. Introduction
9.2. Supply Chain Disruptions And Nickel Use In Aircraft Batteries
9.3. Future Outlook

10. Impact Of High Inflation
10.1. Nickel Price Fluctuations And Its Impact of Nickel Use In Aircraft Batteries

11. Global Market Size and Growth
11.1. Market Size
11.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
11.2.1. Market Drivers 2017 - 2022
11.2.2. Market Restraints 2017 - 2022
11.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.3.1. Market Drivers 2022 - 2027
11.3.2. Market Restraints 2022 - 2027

12. Global Aircraft Batteries Market Segmentation
12.1. Global Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.2. Global Aircraft Batteries Market, Segmentation By Technology, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.3. Global Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

13. Aircraft Batteries Market, Regional and Country Analysis
13.1. Global Aircraft Batteries Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.2. Global Aircraft Batteries Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

14. Asia-Pacific Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. Asia-Pacific Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. Asia-Pacific Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. Asia-Pacific Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. Asia-Pacific Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. Asia-Pacific Aircraft Batteries Market: Country Analysis
14.8. China Market
14.9. Summary
14.10. Market Overview
14.10.1. Country Information
14.10.2. Market Information
14.10.3. Background Information
14.10.4. Government Initiatives
14.10.5. Regulations
14.10.6. Regulatory Bodies
14.10.7. Major Associations
14.10.8. Taxes levied
14.10.9. Corporate tax structure
14.10.10. Investments
14.10.11. Major Companies
14.11. China Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.12. China Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.13. China Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.14. China Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. India Market
14.16. India Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.17. India Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.18. India Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.19. India Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.20. Japan Market
14.21. Japan Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.22. Japan Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.23. Japan Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.24. Japan Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.25. Australia Market
14.26. Australia Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.27. Australia Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.28. Australia Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.29. Australia Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.30. Indonesia Market
14.31. Indonesia Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.32. Indonesia Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.33. Indonesia Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.34. Indonesia Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.35. South Korea Market
14.36. South Korea Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.37. South Korea Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.38. South Korea Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.39. South Korea Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

15. Western Europe Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. Western Europe Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. Western Europe Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. Western Europe Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. Western Europe Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. Western Europe Aircraft Batteries Market: Country Analysis
15.8. UK Market
15.9. UK Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.10. UK Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.11. UK Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.12. UK Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Germany Market
15.14. Germany Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.15. Germany Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.16. Germany Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.17. Germany Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.18. France Market
15.19. France Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.20. France Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.21. France Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.22. France Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

16. Eastern Europe Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Eastern Europe Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Eastern Europe Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Eastern Europe Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Eastern Europe Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Eastern Europe Aircraft Batteries Market: Country Analysis
16.8. Russia Market
16.9. Russia Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.10. Russia Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.11. Russia Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.12. Russia Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

17. North America Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. North America Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. North America Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. North America Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. North America Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. North America Aircraft Batteries Market: Country Analysis
17.8. USA Market
17.9. Summary
17.10. Market Overview
17.10.1. Country Information
17.10.2. Market Information
17.10.3. Background Information
17.10.4. Government Initiatives
17.10.5. Regulations
17.10.6. Regulatory Bodies
17.10.7. Major Associations
17.10.8. Taxes Levied
17.10.9. Corporate Tax Structure
17.10.10. Investments
17.10.11. Major Companies
17.11. USA Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.12. USA Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.13. USA Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.14. USA Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

18. South America Market
18.1. Summary
18.2. Market Overview
18.2.1. Region Information
18.2.2. Market Information
18.2.3. Background Information
18.2.4. Government Initiatives
18.2.5. Regulations
18.2.6. Regulatory Bodies
18.2.7. Major Associations
18.2.8. Taxes Levied
18.2.9. Corporate Tax Structure
18.2.10. Investments
18.2.11. Major Companies
18.3. South America Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
18.4. South America Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
18.5. South America Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18.6. South America Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18.7. South America Aircraft Batteries Market: Country Analysis
18.8. Brazil Market
18.9. Brazil Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
18.10. Brazil Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
18.11. Brazil Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18.12. Brazil Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

19. Middle East Market
19.1. Summary
19.2. Market Overview
19.2.1. Region Information
19.2.2. Market Information
19.2.3. Background Information
19.2.4. Government Initiatives
19.2.5. Regulations
19.2.6. Regulatory Bodies
19.2.7. Major Associations
19.2.8. Taxes Levied
19.2.9. Corporate Tax Structure
19.2.10. Investments
19.2.11. Major Companies
19.3. Middle East Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
19.4. Middle East Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
19.5. Middle East Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
19.6. Middle East Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

20. Africa Market
20.1. Summary
20.2. Market Overview
20.2.1. Region Information
20.2.2. Market Information
20.2.3. Background Information
20.2.4. Government Initiatives
20.2.5. Regulations
20.2.6. Regulatory Bodies
20.2.7. Major Association
20.2.8. Taxes Levied
20.2.9. Corporate Tax Structure
20.2.10. Investments
20.2.11. Major Companies
20.3. Africa Aircraft Batteries Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
20.4. Africa Aircraft Batteries Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
20.5. Africa Aircraft Batteries Market, Segmentation By Battery Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
20.6. Africa Aircraft Batteries Market, Segmentation By Platform, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

21. Competitive Landscape and Company Profiles

22. Company Profiles
22.1. TotalEnergies SE
22.1.1. Company Overview
22.1.2. Products And Services
22.1.3. Business Strategy
22.1.4. Financial Overview
22.2. Eagle-Picher Technologies
22.2.1. Company Overview
22.2.2. Products And Services
22.2.3. Business Strategy
22.2.4. Financial Overview
22.3. Teledyne Technologies Inc
22.3.1. Company Overview
22.3.2. Products And Services
22.3.3. Financial Overview
22.4. HBL Power Systems Ltd
22.4.1. Company Overview
22.4.2. Products And Services
22.4.3. Financial Overview
22.5. GS Yuasa Corporation
22.5.1. Company Overview
22.5.2. Products And Services
22.5.3. Business Strategy
22.5.4. Financial Overview

23. Key Mergers and Acquisitions
23.1. Amprius Technologies Merged With Kensington Capital Acquisition
23.2. Evolito Acquired Electroflight
23.3. Britishvolt Acquired EAS
23.4. Reliance New Energy Acquired Lithium Werks
23.5. Sensata Acquired Spear Power Systems

24. Opportunities And Strategies
24.1. Global Aircraft Batteries Market In 2027 - Countries Offering Most New Opportunities
24.2. Global Aircraft Batteries Market In 2027 - Segments Offering Most New Opportunities
24.3. Global Aircraft Batteries Market In 2027 - Growth Strategies
24.3.1. Market Trend Based Strategies
24.3.2. Competitor Strategies

25. Aircraft Batteries Market, Conclusions And Recommendations
25.1. Conclusions
25.2. Recommendations
25.2.1. Product
25.2.2. Place
25.2.3. Price
25.2.4. Promotion
25.2.5. People

26. Appendix
26.1. Market Data Sources
26.2. Research Methodology
26.3. Currencies
26.4. About the Publisher
26.5. Copyright and Disclaimer

Executive Summary

This report describes and explains the aircraft batteries market and covers 2017 to 2022, termed the historic period, and 2022 to 2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The aircraft batteries market reached a value of nearly $650.2 million in 2022, having grown at a compound annual growth rate (CAGR) of 4.8% since 2017. The market is expected to grow from $650.2 million in 2022 to $931.8 million in 2027 at a rate of 7.5%. The market is then expected to grow at a CAGR of 7.8% from 2027 and reach $1,358.9 million in 2032.

Growth in the historic period resulted from the rise in air travel, increase in demand for hybrid and electric propulsion aircraft, increasing military spending and increasing emissions from aviation.

Going forward, increase in passenger air traffic, growing demand for new fighter jets in developing countries and increasing focus on reducing emissions will drive the growth. Factors that could hinder the growth of the aircraft batteries market in the future include stringent compliance and certification requirements and the Russia-Ukraine war.

The aircraft batteries market is segmented by battery type into NiMH (nickel metal hydride), nickel cadmium (NiCd), lithium - ion and other battery types. The other batteries market was the largest segment of the aircraft batteries market segmented by battery type accounting for 36.0% of the total in 2022. Going forward, the lithium - ion market is expected to be the fastest growing segment in the aircraft batteries market segmented by battery type, at a CAGR of 9.8% during 2022-2027.

The aircraft batteries market is segmented by technology into traditional, more electric, hybrid electric and fully electric. The traditional market was the largest segment of the aircraft batteries market segmented by technology accounting for 77.3% of the total in 2022. Going forward, the hybrid electric market is expected to be the fastest growing segment in the aircraft batteries market segmented by technology, at a CAGR of 7.9% during 2022-2027.

The aircraft batteries market is segmented by platform into fixed wing, rotary wing, unmanned aerial vehicles (UAVs) and advanced air mobility. The fixed wing market was the largest segment of the aircraft batteries market segmented by platform accounting for 69.2% of the total in 2022. Going forward, the unmanned aerial vehicles (UAVs) market is expected to be the fastest growing segment in the aircraft batteries market segmented by platform, at a CAGR of 7.8% during 2022-2027.

North America was the largest region in the aircraft batteries market, accounting for 40.6% of the total in 2022. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the aircraft batteries market will be Asia Pacific, and, North America where growth will be at CAGRs of 8.2% and 7.7% respectively. These will be followed by Western Europe, and, South America where the markets are expected to grow at CAGRs of 7.1% and 6.3% respectively.

The aircraft batteries market is fairly concentrated, with a small number of large number. The top ten competitors in the market made up to 38.43% of the total market in 2021. TotalEnergies SE was the largest competitor with 12.64% share of the market, followed by Eaglepicher with 7.49%, Teledyne Technologies Inc with 5.18%, HBL Power Systems Ltd with 3.98%, GS Yuasa with 3.01%, Enersys with 2.27%, Concorde Battery Corporation (US) with 1.86%, Sion Power Corp with 1.10%, Mid-Continent Instruments and Avionics with 0.73%, and Sichuan Changhong Battery Co. Ltd with 0.17%.

The top opportunities in the aircraft batteries market segmented by battery type will arise in the nickel cadmium (NiCd) segment, which will gain $96.3 million of global annual sales by 2027. The top opportunities in segment by technology will arise in the traditional segment, which will gain $215.5 million of global annual sales by 2027. The top opportunities in segment by platform will arise in the fixed wing segment, which will gain $196.3 million of global annual sales by 2027. The aircraft batteries market size will gain the most in the USA at $94.6 million.

Market-trend-based strategies for the aircraft batteries market include focusing on high voltage batteries, development of ultra-low maintenance batteries, focusing on technological advancements and developing new products, focusing on partnerships and collaborations and using lithium-ion batteries.

Player-adopted strategies in the aircraft batteries market include enhancing business operations through strategic partnerships and collaborations, developing key battery infrastructure for military and defense and expanding capacitates to meet the growing demand.

To take advantage of the opportunities, the publisher recommends the aircraft batteries companies to focus on high-voltage battery technology, focus on technological advancements, develop innovative battery packs, focus on ultra-low maintenance aviation batteries, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on aircraft with fast-growing technologies, continue to target fast-growing platforms.

• TotalEnergies SE
• Eaglepicher
• Teledyne Technologies Inc
• HBL Power Systems Ltd
• GS Yuasa

Methodology