Aircraft Battery Sector: Growth Drivers and Challenges
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 |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.7% |
|
Base Year Market Size (2024) |
USD 787.28 million |
|
Forecast Year Market Size (2037) |
USD 1.82 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of aircraft battery is assessed at USD 832.12 million.
Aircraft Battery Market size was valued at USD 787.28 million in 2024 and is expected to reach USD 1.82 billion by 2037, registering around 6.7% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to hold largest revenue share of 37% by 2037, attributed to growing demand for air transport, which in turn is driving the need for aircrafts, and in turn the demand for aircraft batteries.
The major players in the market are Teledyne Technologies Incorporated, Concorde Battery Corporation, Kokam Co., Ltd., EnerSys, Sichuan Changhong Battery Co., Ltd., and others.
