Aerospace Energy Storage Market Report 2026

The aerospace energy storage market size has grown strongly in recent years. It will grow from $2.06 billion in 2025 to $2.24 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to early adoption of onboard energy storage systems to support essential aerospace functions, increasing demand for lightweight power solutions driven by strict weight and space constraints, initial development of energy conversion systems to stabilize power supply in aircraft, rising use of advanced materials to enhance storage efficiency and safety, expansion of electrical subsystem requirements in modern aerospace platforms.

The aerospace energy storage market size is expected to see strong growth in the next few years. It will grow to $3.1 billion in 2030 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to growing adoption of high-density storage technologies to support electric and hybrid aircraft, increasing development of advanced materials-based storage for improved performance and sustainability, rising integration of energy storage systems in next-generation avionics and propulsion architectures, expansion of aerospace electrification initiatives requiring more efficient power management, technological advancements enabling safer and longer-duration energy storage solutions. Major trends in the forecast period include advancements in lightweight aerospace battery systems, growing integration of high-density energy storage for spacecraft, development of thermal-resilient power storage materials, increasing use of hybrid energy storage architectures, rising demand for safe, compact, and vibration-resistant aerospace batteries.

The expanding aerospace industry is anticipated to drive the growth of the aerospace energy storage market in the coming years. The aerospace industry involves the design, development, production, and maintenance of aircraft and spacecraft. Aerospace energy storage systems, including advanced batteries and energy storage solutions, are used to power electrical systems in these vehicles, enabling the integration of electrification technologies for improved performance, efficiency, and sustainability. For example, in September 2024, the Aerospace Industries Association (AIA), a US-based trade association, reported that the U.S. aerospace and defense industry reached a significant milestone in 2023, with sales exceeding $955 billion, reflecting a 7.1% growth compared to the previous year. Consequently, the growing aerospace industry is propelling the expansion of the aerospace energy storage market.

The increasing adoption of unmanned aerial vehicles (UAVs) is also expected to boost the growth of the aerospace energy storage market. UAVs are aircraft operated without an onboard pilot and are controlled remotely or autonomously for a variety of commercial, military, and civilian applications. Their adoption is rising due to expanding commercial use cases and clearer regulations, as organizations deploy drones for package delivery, infrastructure inspection, agriculture, and emergency response. The growing deployment of UAVs drives demand for advanced aerospace energy storage solutions, as these aircraft require high-energy-density lithium-based batteries to support longer flight durations, payload capacity, and mission-critical operations under extreme environmental conditions. For instance, in June 2025, the UK’s Ministry of Defence announced a record commitment of US$472 million (£350 million) to strengthen Ukraine’s drone supply, aiming to increase the number of drones delivered from 10,000 in 2024 to 100,000 in 2025. Therefore, the rising use of UAVs is fueling the growth of the aerospace energy storage market.

Leading companies in the aerospace energy storage market are focusing on creating innovative products such as high-energy-density batteries to enhance aircraft range and performance. High-energy-density batteries store large amounts of energy relative to their weight or volume, helping extend flight range, increase payload capacity, and improve efficiency in electric aircraft and other transportation applications. For example, in June 2025, MAGNIX TECHNOLOGIES PTY LTD., a US-based manufacturer, launched its next-generation Samson battery powered by a 400 Wh/kg cell. This high-energy-density battery is designed to extend the range and payload of electric aircraft, including airplanes, helicopters, and eVTOLs, while also supporting applications in defense, industrial, energy storage, and marine sectors. The Samson battery features long cycle life, advanced safety mechanisms, and easy integration, making it suitable for both commercial and military applications. Its versatility further allows deployment in non-aerospace areas such as stationary energy storage and marine propulsion, reflecting the growing trend of innovative batteries that enhance performance, reduce environmental impact, and advance the future of electric mobility.

Major companies operating in the aerospace energy storage market are Tesla Inc; GE Energy; Raytheon Technologies; The Boeing Company; Lockheed Martin; BYD Co. Ltd; Northrop Grumman; Honeywell Aerospace; Jabil Energy Storage; Siemens Energy AG; NextEra Energy Resources; Eaton Corporation plc; Rolls-Royce PLC; Parker Hannifin; Sichuan Changhong Battery Co. Ltd.; GreenSmith Energy Management Systems; Sungrow Power Supply Co.Ltd; Samsung SDI; Fluence Energy Inc.; Saft Batteries; LG Energy Solution Ltd; Meggitt PLC; Invenergy LLC; Enphase Energy; A123 Systems LLC; Eagle-Picher Technologies LLC; ComEd; Electric Power Systems Inc; NEC Energy Solutions; EAS Batteries GmbH; Kokam Co. Ltd; Xtreme Power; Custom Cells; EEnovate Technology; nanoFlowcell Holdings plc; Cuberg Inc.; Gnanomat S.L.; Electroflight Ltd.; Nsure Reliable Power Solutions.

Europe was the largest region in the aerospace energy storage market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerospace energy storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the aerospace energy storage market by increasing the cost of importing critical materials such as lithium, nickel, cobalt, advanced composites, and semiconductor-based battery management systems. This has led to higher production costs and extended lead times for battery systems, fuel cells, and ultracapacitors, particularly affecting manufacturers in North America and Europe that depend on Asian raw material suppliers. Aircraft battery systems and spacecraft-grade energy storage units are among the most affected segments. However, tariffs have also encouraged domestic manufacturing, material localization, and nearshoring, creating long-term opportunities for regional supply chain strengthening and innovation.

The aerospace energy storage research report is one of a series of new reports that provides aerospace energy storage market statistics, including the aerospace energy storage industry's global market size, regional shares, competitors with an aerospace energy storage market share, detailed aerospace energy storage market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace energy storage industry. This aerospace energy storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Aerospace energy storage encompasses the technologies, systems, and components utilized to store and supply energy in aerospace applications. These systems play a crucial role in ensuring reliable and efficient power supply for aerospace applications, addressing the unique requirements and challenges of the aerospace industry. These challenges include considerations such as weight restrictions, space limitations, safety requirements, and environmental sustainability.

The main types of aerospace energy storage include lead-acid batteries, lithium batteries, and other emerging technologies. Lead-acid batteries are a form of rechargeable battery that employs lead plates submerged in sulfuric acid to generate electricity. They find applications in smaller aircraft for auxiliary power units (APUs), emergency power backup, and starting systems, thanks to their robustness and widespread availability. Aerospace energy storage systems can be manufactured using various technologies, including pumped hydro, compressed air, batteries, flywheels, fuel cells, and others. These technologies cater to diverse applications within the aerospace sector, including aircraft and spacecraft, meeting the unique demands of the industry.

The countries covered in the aerospace energy storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerospace energy storage market consists of sales of energy conversion systems and advanced materials-based storage. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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