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Aircraft Battery Market Trends

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Report ID: 3518
Published Date: Sep 18, 2024
Report Format: PDF, PPT

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Aircraft Battery Market Trends

Growth Drivers

Increasing Aircraft Shipments Worldwide
Growing Adoption of Unmanned Aerial Vehicles (UAVs)

Challenges

Operational Challenges with Batteries

Aircraft Battery Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	6.7%
Base Year Market Size (2023)	USD 737.84 million
Forecast Year Market Size (2036)	USD 1.71 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Aircraft Battery Market Size & Share, Growth Trends 2036

Author Credits: Dhruv Bhatia

Report ID: 3518
Published Date: Sep 18, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rising number of aircraft shipments around the world is one of the major factors anticipated to drive the growth of the market during the forecast period.

The market is anticipated to attain a CAGR of 7.26% over the forecast period, i.e., 2021-2030.

The operational challenges that remain with batteries is one of the major factors estimated to hamper the market growth.

The market in the Asia Pacific is anticipated to display significant business opportunities in the coming years.

The major players in the market are Teledyne Technologies Incorporated, Concorde Battery Corporation, Kokam Co., Ltd., EnerSys, Sichuan Changhong Battery Co., Ltd., and others.

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