Global Aviation Battery Market 2024-2028

Description

List of Tables

The aviation battery market is forecasted to grow by USD 369.1 mn during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the aviation battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for air transport, increasing disposable income of consumers, and increasing use of military uavs.

Technavio's aviation battery market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.25%
CAGR	7.81%
Incremental Value	$369.1 mn

By Battery Type

Nickel-based batteries
Lithium-based batteries
Lead-based batteries

By Distribution Channel

OEM
Aftermarket

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the declining prices of li-ion batteries as one of the prime reasons driving the aviation battery market growth during the next few years. Also, emergence of electric aircraft and development of drone swarm technology will lead to sizable demand in the market.

The report on the aviation battery market covers the following areas:

Aviation battery market sizing
Aviation battery market forecast
Aviation battery market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aviation battery market vendors that include Aerolithium Aviation Batteries, Amprius Technologies Inc., BAE Systems Plc, Concorde Battery Corp., Customcells Itzehoe GmbH, EaglePicher Technologies LLC, EnerSys, GS Yuasa International Ltd., HBL Power Systems Ltd., MarathonNorco Aerospace, Marvel Aero International Inc., Meggitt Plc, Mid Continent Instrument Co. Inc., Northrop Grumman Corp., Sichuan Changhong Electric Co. Ltd., Sion Power Corp., Teledyne Technologies Inc., Thales Group, The Boeing Co., and TotalEnergies SE. Also, the aviation battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75414

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Battery Type
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Aviation Battery Market 2018 - 2022
- Historic Market Size - Data Table on Global Aviation Battery Market 2018 - 2022 ($ million)
4.2 Battery Type segment analysis 2018 - 2022
- Historic Market Size - Battery Type Segment 2018 - 2022 ($ million)
4.3 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Battery Type

6.1 Market segments
- Chart on Battery Type - Market share 2023-2028 (%)
- Data Table on Battery Type - Market share 2023-2028 (%)
6.2 Comparison by Battery Type
- Chart on Comparison by Battery Type
- Data Table on Comparison by Battery Type
6.3 Nickel-based batteries - Market size and forecast 2023-2028
- Chart on Nickel-based batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Nickel-based batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Nickel-based batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Nickel-based batteries - Year-over-year growth 2023-2028 (%)
6.4 Lithium-based batteries - Market size and forecast 2023-2028
- Chart on Lithium-based batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Lithium-based batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Lithium-based batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Lithium-based batteries - Year-over-year growth 2023-2028 (%)
6.5 Lead-based batteries - Market size and forecast 2023-2028
- Chart on Lead-based batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Lead-based batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Lead-based batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Lead-based batteries - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Battery Type
- Market opportunity by Battery Type ($ million)
- Data Table on Market opportunity by Battery Type ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
7.3 OEM - Market size and forecast 2023-2028
- Chart on OEM - Market size and forecast 2023-2028 ($ million)
- Data Table on OEM - Market size and forecast 2023-2028 ($ million)
- Chart on OEM - Year-over-year growth 2023-2028 (%)
- Data Table on OEM - Year-over-year growth 2023-2028 (%)
7.4 Aftermarket - Market size and forecast 2023-2028
- Chart on Aftermarket - Market size and forecast 2023-2028 ($ million)
- Data Table on Aftermarket - Market size and forecast 2023-2028 ($ million)
- Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
- Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
- Chart on Russia - Market size and forecast 2023-2028 ($ million)
- Data Table on Russia - Market size and forecast 2023-2028 ($ million)
- Chart on Russia - Year-over-year growth 2023-2028 (%)
- Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Israel - Market size and forecast 2023-2028
- Chart on Israel - Market size and forecast 2023-2028 ($ million)
- Data Table on Israel - Market size and forecast 2023-2028 ($ million)
- Chart on Israel - Year-over-year growth 2023-2028 (%)
- Data Table on Israel - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Aerolithium Aviation Batteries
- Aerolithium Aviation Batteries - Overview
- Aerolithium Aviation Batteries - Product / Service
- Aerolithium Aviation Batteries - Key offerings
12.4 Concorde Battery Corp.
- Concorde Battery Corp. - Overview
- Concorde Battery Corp. - Product / Service
- Concorde Battery Corp. - Key news
- Concorde Battery Corp. - Key offerings
12.5 Customcells Itzehoe GmbH
- Customcells Itzehoe GmbH - Overview
- Customcells Itzehoe GmbH - Product / Service
- Customcells Itzehoe GmbH - Key offerings
12.6 EaglePicher Technologies LLC
- EaglePicher Technologies LLC - Overview
- EaglePicher Technologies LLC - Product / Service
- EaglePicher Technologies LLC - Key news
- EaglePicher Technologies LLC - Key offerings
12.7 EnerSys
- EnerSys - Overview
- EnerSys - Business segments
- EnerSys - Key news
- EnerSys - Key offerings
- EnerSys - Segment focus
12.8 GS Yuasa International Ltd.
- GS Yuasa International Ltd. - Overview
- GS Yuasa International Ltd. - Business segments
- GS Yuasa International Ltd. - Key news
- GS Yuasa International Ltd. - Key offerings
- GS Yuasa International Ltd. - Segment focus
12.9 HBL Power Systems Ltd.
- HBL Power Systems Ltd. - Overview
- HBL Power Systems Ltd. - Business segments
- HBL Power Systems Ltd. - Key offerings
- HBL Power Systems Ltd. - Segment focus
12.10 MarathonNorco Aerospace
- MarathonNorco Aerospace - Overview
- MarathonNorco Aerospace - Product / Service
- MarathonNorco Aerospace - Key offerings
12.11 Marvel Aero International Inc.
- Marvel Aero International Inc. - Overview
- Marvel Aero International Inc. - Product / Service
- Marvel Aero International Inc. - Key offerings
12.12 Mid Continent Instrument Co. Inc.
- Mid Continent Instrument Co. Inc. - Overview
- Mid Continent Instrument Co. Inc. - Product / Service
- Mid Continent Instrument Co. Inc. - Key offerings
12.13 Sichuan Changhong Electric Co. Ltd.
- Sichuan Changhong Electric Co. Ltd. - Overview
- Sichuan Changhong Electric Co. Ltd. - Product / Service
- Sichuan Changhong Electric Co. Ltd. - Key offerings
12.14 Sion Power Corp.
- Sion Power Corp. - Overview
- Sion Power Corp. - Product / Service
- Sion Power Corp. - Key offerings
12.15 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus
12.16 The Boeing Co.
- The Boeing Co. - Overview
- The Boeing Co. - Business segments
- The Boeing Co. - Key news
- The Boeing Co. - Key offerings
- The Boeing Co. - Segment focus
12.17 TotalEnergies SE
- TotalEnergies SE - Overview
- TotalEnergies SE - Business segments
- TotalEnergies SE - Key news
- TotalEnergies SE - Key offerings
- TotalEnergies SE - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations