Industry Background:
Aviation batteries are used to power aircraft as well as other auxiliary functions such as ground power and emergency. Mostly, commercial aircraft uses nickel-cadmium (NiCd) batteries while small private aircraft uses lead-acid batteries. The suitability of aviation batteries greatly depends on the factors such as cost-effectiveness, long life, faster charging rate and relative ease in maintenance. Of late, there has been environmental concerns regarding aviation batteries, which led to rise in manufacturing of sustainable and green batteries solution.This growth is primarily driven by Increasing Demand of Aircraft Deliveries and Growing Adoption of Unmanned Aerial Vehicles in Commercial as well as Military Application.
Globally, a noticeable market trend is evident Rising Electric Powered and Hybrid Aircraft
. The Energy & Resources sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Cella Energy [United Kingdom], Concorde Battery Corporation [United States], Enersys [United States], Eaglepicher [United States], GS Yuasa [Japan], Marvel Aero International [United States], Marathonnorco Aerospace [United States], Mid-Continent Instruments and Avionics [United States], Saft Groupe S.A [France] and Teledyne Technologies [United States] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Demand of Aircraft Deliveries
- Growing Adoption of Unmanned Aerial Vehicles in Commercial as well as Military Application
Market Trend
- Rising Electric Powered and Hybrid Aircraft
- Growing Focus on Light Weight and Environment Friendly Batteries
Restraints
- Problems of Self -Discharging in NiCd Batteries
- Less Power to Weight Efficiency in Electric Power Aircraft
Opportunities
Emphasizing on Fuel Cell Adoption to Cut Down the Emission and Growing Need for Effective Battery Management System
Challenges
Operational Difficulties Associated with Lithium-Based Aircraft Battery and Intricacy Involved in Fixing Aircraft Batteries
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aviation Battery Study Sheds Light on
The Aviation Battery Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Aviation Battery industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aviation Battery industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.