Aircraft Battery Market Analysis

The aircraft battery market is segmented by battery type into nickel-based battery, lead acid battery, and lithium-ion battery. Out of these segments, the lead acid battery segment is anticipated to garner the largest revenue of USD 597.6 Million by the end of 2030, up from USD 289.9 Million in the year 2020. On the basis of application, the market is segmented into propulsion, auxiliary power unit (APU), emergency, and others. Amongst these segments, the auxiliary power unit (APU) segment garnered the largest revenue of USD 385.0 Million in the year 2020 and is further expected to touch a revenue of USD 786.0 Million by the end of 2030. By aircraft type, the market is segmented into civil aviation, military aviation, and others, out of which, the civil aviation segment is projected to garner the largest revenue of USD 887.4 Million by the end of 2030. Further, the market is segmented by supplier into original equipment manufacturer and aftermarket, out of which, the aftermarket segment is projected to grow with the highest CAGR of 7.70% during the forecast period. On the basis of aircraft technology, the market is segmented into traditional aircraft, and others. Amongst these, the traditional aircraft segment is projected to grow with a CAGR of 7.24% during the forecast period. Based on power density, the aircraft battery market is segmented into less than 100 Wh/Kg, and more than 100 Wh/Kg, out of which, the more than 100 Wh/Kg segment is projected to grow with the highest CAGR of 8.53% during the forecast period.

Our in-depth analysis of the global aircraft battery market includes the following segments: