Global Aerospace Battery Technology Market Research Report 2023

Innovations in battery technology and its applications is one of the fastest growing markets in aerospace industry in the recent past. Aerospace battery technology is used to start the engines of aircraft or start the Auxiliary Power Unit (APU). APU allows the engine to operate independently without any ground support. However aerospace battery technology helps in electrical generation failure to create emergency until the flight landing and evacuation. These batteries are also used to restart the engines after rare case of engine flameout. The batteries also acts as buffer regulator for the DC network voltage ensuring the acceptable power to the device connected to it. As these batteries serve as crucial component of aircraft, hence they need to be maintained with proper care. Two main chemicals that are used in aircraft batteries are nickel cadmium (Ni-Cd) and lead-acid, either of the two have wide application in aviation industry. Lead acid batteries are vented or valve regulated (VRLA). Smaller aircrafts make use of Ni-Cd and valve regulated type of battery whereas bigger aircrafts make use of vented Ni-Cd type of battery. On the other hand batteries needs to be checked on the efficiency, performance, and avoid on board failures by checking on the regular maintenance services which might lead to costly delays for operators. Due to high temperature generation when batteries are used by internal parts of the aircrafts, 80% of life of the turbine is used up and hence maintenance is very important for the batteries that are used in aviation industries.

The global Aerospace Battery Technology market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The global aerospace battery technology market is mainly driven by its capacity to remain high energy density which means batteries with high power capacity without being bulky. Light weight batteries are considered in terms of selling points in this industry. Batteries with low self-discharge factor is mainly driving the aerospace Battery technology market. However even the batteries with the longer lifespan have driven this market.  The need for more advanced battery technology is driven by the requirement of weight reduction and electric aircraft. Increase in the commercial aircraft, growing aircraft fleet and advancement in the technology had also driven the global aerospace battery technology market. On the other side the global aerospace battery technology is restrained by its deep discharge property and its sensitivity to high temperature. 

This report aims to provide a comprehensive presentation of the global market for Aerospace Battery Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aerospace Battery Technology.

The Aerospace Battery Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Aerospace Battery Technology market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Aerospace Battery Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Aerospace Battery Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Nickel-Cadmium Battery

1.2.3 Lead Acid Battery

1.2.4 Lithium-Ion Battery

1.3 Market by Application

1.3.1 Global Aerospace Battery Technology Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Narrow Body Aircraft

1.3.3 Wide Body Aircraft

1.3.4 Very Large Aircraft

1.3.5 General Aviation

1.3.6 Helicopter

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Aerospace Battery Technology Market Perspective (2018-2029)

2.2 Aerospace Battery Technology Growth Trends by Region

2.2.1 Global Aerospace Battery Technology Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Aerospace Battery Technology Historic Market Size by Region (2018-2023)

2.2.3 Aerospace Battery Technology Forecasted Market Size by Region (2024-2029)

2.3 Aerospace Battery Technology Market Dynamics

2.3.1 Aerospace Battery Technology Industry Trends

2.3.2 Aerospace Battery Technology Market Drivers

2.3.3 Aerospace Battery Technology Market Challenges

2.3.4 Aerospace Battery Technology Market Restraints

3.1 Global Top Aerospace Battery Technology Players by Revenue

3.1.1 Global Top Aerospace Battery Technology Players by Revenue (2018-2023)

3.1.2 Global Aerospace Battery Technology Revenue Market Share by Players (2018-2023)

3.2 Global Aerospace Battery Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Aerospace Battery Technology Revenue

3.4 Global Aerospace Battery Technology Market Concentration Ratio

3.4.1 Global Aerospace Battery Technology Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Aerospace Battery Technology Revenue in 2022

3.5 Aerospace Battery Technology Key Players Head office and Area Served

3.6 Key Players Aerospace Battery Technology Product Solution and Service

3.7 Date of Enter into Aerospace Battery Technology Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Aerospace Battery Technology Historic Market Size by Type (2018-2023)

4.2 Global Aerospace Battery Technology Forecasted Market Size by Type (2024-2029)

5.1 Global Aerospace Battery Technology Historic Market Size by Application (2018-2023)

5.2 Global Aerospace Battery Technology Forecasted Market Size by Application (2024-2029)

6.1 North America Aerospace Battery Technology Market Size (2018-2029)

6.2 North America Aerospace Battery Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Aerospace Battery Technology Market Size by Country (2018-2023)

6.4 North America Aerospace Battery Technology Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Aerospace Battery Technology Market Size (2018-2029)

7.2 Europe Aerospace Battery Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Aerospace Battery Technology Market Size by Country (2018-2023)

7.4 Europe Aerospace Battery Technology Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Aerospace Battery Technology Market Size (2018-2029)

8.2 Asia-Pacific Aerospace Battery Technology Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Aerospace Battery Technology Market Size by Region (2018-2023)

8.4 Asia-Pacific Aerospace Battery Technology Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Aerospace Battery Technology Market Size (2018-2029)

9.2 Latin America Aerospace Battery Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Aerospace Battery Technology Market Size by Country (2018-2023)

9.4 Latin America Aerospace Battery Technology Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Aerospace Battery Technology Market Size (2018-2029)

10.2 Middle East & Africa Aerospace Battery Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Aerospace Battery Technology Market Size by Country (2018-2023)

10.4 Middle East & Africa Aerospace Battery Technology Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 GS Yuasa

11.1.1 GS Yuasa Company Detail

11.1.2 GS Yuasa Business Overview

11.1.3 GS Yuasa Aerospace Battery Technology Introduction

11.1.4 GS Yuasa Revenue in Aerospace Battery Technology Business (2018-2023)

11.1.5 GS Yuasa Recent Development

11.2 Concorde Aircraft Batteries

11.2.1 Concorde Aircraft Batteries Company Detail

11.2.2 Concorde Aircraft Batteries Business Overview

11.2.3 Concorde Aircraft Batteries Aerospace Battery Technology Introduction

11.2.4 Concorde Aircraft Batteries Revenue in Aerospace Battery Technology Business (2018-2023)

11.2.5 Concorde Aircraft Batteries Recent Development

11.3 Quallion

11.3.1 Quallion Company Detail

11.3.2 Quallion Business Overview

11.3.3 Quallion Aerospace Battery Technology Introduction

11.3.4 Quallion Revenue in Aerospace Battery Technology Business (2018-2023)

11.3.5 Quallion Recent Development

11.4 Aerospace Corporation

11.4.1 Aerospace Corporation Company Detail

11.4.2 Aerospace Corporation Business Overview

11.4.3 Aerospace Corporation Aerospace Battery Technology Introduction

11.4.4 Aerospace Corporation Revenue in Aerospace Battery Technology Business (2018-2023)

11.4.5 Aerospace Corporation Recent Development

11.5 EnerSys

11.5.1 EnerSys Company Detail

11.5.2 EnerSys Business Overview

11.5.3 EnerSys Aerospace Battery Technology Introduction

11.5.4 EnerSys Revenue in Aerospace Battery Technology Business (2018-2023)

11.5.5 EnerSys Recent Development

11.6 EaglePicher Technologies

11.6.1 EaglePicher Technologies Company Detail

11.6.2 EaglePicher Technologies Business Overview

11.6.3 EaglePicher Technologies Aerospace Battery Technology Introduction

11.6.4 EaglePicher Technologies Revenue in Aerospace Battery Technology Business (2018-2023)

11.6.5 EaglePicher Technologies Recent Development

11.7 TransDigm Group Incorporated

11.7.1 TransDigm Group Incorporated Company Detail

11.7.2 TransDigm Group Incorporated Business Overview

11.7.3 TransDigm Group Incorporated Aerospace Battery Technology Introduction

11.7.4 TransDigm Group Incorporated Revenue in Aerospace Battery Technology Business (2018-2023)

11.7.5 TransDigm Group Incorporated Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Aerospace Battery Technology Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Nickel-Cadmium Battery

    Table 3. Key Players of Lead Acid Battery

    Table 4. Key Players of Lithium-Ion Battery

    Table 5. Global Aerospace Battery Technology Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Aerospace Battery Technology Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Aerospace Battery Technology Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Aerospace Battery Technology Market Share by Region (2018-2023)

    Table 9. Global Aerospace Battery Technology Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Aerospace Battery Technology Market Share by Region (2024-2029)

    Table 11. Aerospace Battery Technology Market Trends

    Table 12. Aerospace Battery Technology Market Drivers

    Table 13. Aerospace Battery Technology Market Challenges

    Table 14. Aerospace Battery Technology Market Restraints

    Table 15. Global Aerospace Battery Technology Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Aerospace Battery Technology Market Share by Players (2018-2023)

    Table 17. Global Top Aerospace Battery Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Aerospace Battery Technology as of 2022)

    Table 18. Ranking of Global Top Aerospace Battery Technology Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Aerospace Battery Technology Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Aerospace Battery Technology Product Solution and Service

    Table 22. Date of Enter into Aerospace Battery Technology Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Aerospace Battery Technology Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Aerospace Battery Technology Revenue Market Share by Type (2018-2023)

    Table 26. Global Aerospace Battery Technology Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Aerospace Battery Technology Revenue Market Share by Type (2024-2029)

    Table 28. Global Aerospace Battery Technology Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Aerospace Battery Technology Revenue Market Share by Application (2018-2023)

    Table 30. Global Aerospace Battery Technology Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Aerospace Battery Technology Revenue Market Share by Application (2024-2029)

    Table 32. North America Aerospace Battery Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Aerospace Battery Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Aerospace Battery Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Aerospace Battery Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Aerospace Battery Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Aerospace Battery Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Aerospace Battery Technology Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Aerospace Battery Technology Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Aerospace Battery Technology Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Aerospace Battery Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Aerospace Battery Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Aerospace Battery Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Aerospace Battery Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Aerospace Battery Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Aerospace Battery Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 47. GS Yuasa Company Detail

    Table 48. GS Yuasa Business Overview

    Table 49. GS Yuasa Aerospace Battery Technology Product

    Table 50. GS Yuasa Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 51. GS Yuasa Recent Development

    Table 52. Concorde Aircraft Batteries Company Detail

    Table 53. Concorde Aircraft Batteries Business Overview

    Table 54. Concorde Aircraft Batteries Aerospace Battery Technology Product

    Table 55. Concorde Aircraft Batteries Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 56. Concorde Aircraft Batteries Recent Development

    Table 57. Quallion Company Detail

    Table 58. Quallion Business Overview

    Table 59. Quallion Aerospace Battery Technology Product

    Table 60. Quallion Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 61. Quallion Recent Development

    Table 62. Aerospace Corporation Company Detail

    Table 63. Aerospace Corporation Business Overview

    Table 64. Aerospace Corporation Aerospace Battery Technology Product

    Table 65. Aerospace Corporation Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 66. Aerospace Corporation Recent Development

    Table 67. EnerSys Company Detail

    Table 68. EnerSys Business Overview

    Table 69. EnerSys Aerospace Battery Technology Product

    Table 70. EnerSys Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 71. EnerSys Recent Development

    Table 72. EaglePicher Technologies Company Detail

    Table 73. EaglePicher Technologies Business Overview

    Table 74. EaglePicher Technologies Aerospace Battery Technology Product

    Table 75. EaglePicher Technologies Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 76. EaglePicher Technologies Recent Development

    Table 77. TransDigm Group Incorporated Company Detail

    Table 78. TransDigm Group Incorporated Business Overview

    Table 79. TransDigm Group Incorporated Aerospace Battery Technology Product

    Table 80. TransDigm Group Incorporated Revenue in Aerospace Battery Technology Business (2018-2023) & (US$ Million)

    Table 81. TransDigm Group Incorporated Recent Development

    Table 82. Research Programs/Design for This Report

    Table 83. Key Data Information from Secondary Sources

    Table 84. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Aerospace Battery Technology Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Aerospace Battery Technology Market Share by Type: 2022 VS 2029

    Figure 3. Nickel-Cadmium Battery Features

    Figure 4. Lead Acid Battery Features

    Figure 5. Lithium-Ion Battery Features

    Figure 6. Global Aerospace Battery Technology Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Aerospace Battery Technology Market Share by Application: 2022 VS 2029

    Figure 8. Narrow Body Aircraft Case Studies

    Figure 9. Wide Body Aircraft Case Studies

    Figure 10. Very Large Aircraft Case Studies

    Figure 11. General Aviation Case Studies

    Figure 12. Helicopter Case Studies

    Figure 13. Aerospace Battery Technology Report Years Considered

    Figure 14. Global Aerospace Battery Technology Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global Aerospace Battery Technology Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global Aerospace Battery Technology Market Share by Region: 2022 VS 2029

    Figure 17. Global Aerospace Battery Technology Market Share by Players in 2022

    Figure 18. Global Top Aerospace Battery Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Aerospace Battery Technology as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by Aerospace Battery Technology Revenue in 2022

    Figure 20. North America Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America Aerospace Battery Technology Market Share by Country (2018-2029)

    Figure 22. United States Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Aerospace Battery Technology Market Share by Country (2018-2029)

    Figure 26. Germany Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Aerospace Battery Technology Market Share by Region (2018-2029)

    Figure 34. China Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Aerospace Battery Technology Market Share by Country (2018-2029)

    Figure 42. Mexico Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Aerospace Battery Technology Market Share by Country (2018-2029)

    Figure 46. Turkey Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia Aerospace Battery Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. GS Yuasa Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 49. Concorde Aircraft Batteries Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 50. Quallion Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 51. Aerospace Corporation Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 52. EnerSys Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 53. EaglePicher Technologies Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 54. TransDigm Group Incorporated Revenue Growth Rate in Aerospace Battery Technology Business (2018-2023)

    Figure 55. Bottom-up and Top-down Approaches for This Report

    Figure 56. Data Triangulation

    Figure 57. Key Executives Interviewed