Market Overview:
The global military aircraft battery market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,711.5 Mn by 2030, registering a CAGR of 7.9% from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the lithium-based battery segment is expected to account for a major share of the global military aircraft battery market during the forecast period. This can be attributed to factors such as high energy density and low weight offered by lithium-based batteries over other types of batteries available in the market. On the basis of application, fighter aircraft are expected to account for a major share of the global military aircraft battery market duringthe forecast period owingto their increasing demand acrossthe globe due toprioritizationof air powerby various militaries across different countries .
Product Definition:
A military aircraft battery is a type of battery that is specifically designed for use in military aircraft. These batteries are typically more powerful than standard automotive batteries, and they are able to withstand the high power demands of military aircraft. Military aircraft batteries are used to provide power to all of the systems on board the plane, including the engines, navigation systems, and communications systems. They are also used to start the engines on board the plane. The importance of military aircraft batteries cannot be overstated; they play a critical role in ensuring that our troops have access to reliable communication and transportation during combat operations.
Lithium-Based Battery:
Lithium-based battery is a rechargeable battery that uses lithium as its positive terminal and electron flow from the negative terminal to the positive terminal. Lithium iron phosphate, commonly known as LiFePO4, is used in these batteries.
Nickel-Based Battery:
Nickel-based batteries are rechargeable batteries having positive and negative terminals. These have a higher energy density as compared to conventional lead-acid batteries, which makes them suitable for applications such as power tools, electric vehicles and military aircraft.
Application Insights:
The fighter aircraft segment dominated the global military aircraft battery market in 2017, accounting for a share of over 45.0% by revenue. The growth can be attributed to increasing demand from countries such as India, China and South Korea for advanced fighter aircraft. Furthermore, introduction of electric power-train cooling system is expected to drive the demand further in this segment.
Reconnaissance Aircraft followed closely behind the fighter segment with a share of 44.8% by revenue in 2017 owing to growing defense intelligence activities across countries such as Russia and North America which require high performance reconnaissance aircraft with long endurance and maximum range capability at minimum cost for maintenance purposes involved parties on both sides of the Atlantic Ocean are working round-the-clock at nuclear reactors that supply Japan with electricity has been significantly reduced due to improved relations between major powers including U.S.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing military expenditure by countries such as China and India. For instance, in 2016, China increased its military spending by 8% compared to 2015 and India increased its military spending by 10%. These increases are expected to drive demand for combat aircrafts, thereby driving battery demand over the forecast period. North America accounted for a significant share of global revenue in 2017 owing to high defense budgets of U.S.
Growth Factors:
- Increasing demand for military aircrafts across the globe is expected to drive the market growth for military aircraft battery.
- The increasing focus on enhancing the operational efficiency of military aircraft is also anticipated to fuel the demand for military aircraft batteries in near future.
- Proliferation of unmanned aerial vehicles (UAVs) is another key factor that would trigger the growth of this market in coming years.
- Growing concerns over safety and security are likely to propel the adoption of advanced battery technologies in defense sector, thereby propelling the growth of Military Aircraft Battery market over forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Aircraft Battery Market Research Report
By Type
Lithium-Based Battery, Nickel-Based Battery, Lead Acid Battery, Other
By Application
Fighter Aircraft, Reconnaissance Aircraft, Transport Aircraft, Other
By Companies
Concorde Battery, Cella Energy, Saft, Sion Power, Tadiran Batteries, GS Yuasa International, Gill Battery, Aerolithium Batteries, True Blue Power, EaglePicher, Concorde Battery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Military Aircraft Battery Market Report Segments:
The global Military Aircraft Battery market is segmented on the basis of:
Types
Lithium-Based Battery, Nickel-Based Battery, Lead Acid Battery, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fighter Aircraft, Reconnaissance Aircraft, Transport Aircraft, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Concorde Battery
- Cella Energy
- Saft
- Sion Power
- Tadiran Batteries
- GS Yuasa International
- Gill Battery
- Aerolithium Batteries
- True Blue Power
- EaglePicher
- Concorde Battery
Highlights of The Military Aircraft Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lithium-Based Battery
- Nickel-Based Battery
- Lead Acid Battery
- Other
- By Application:
- Fighter Aircraft
- Reconnaissance Aircraft
- Transport Aircraft
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Aircraft Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A military aircraft battery is a group of artillery batteries, each with its own crew and armament, used to support or defend an airfield.
Some of the major companies in the military aircraft battery market are Concorde Battery, Cella Energy, Saft, Sion Power, Tadiran Batteries, GS Yuasa International, Gill Battery, Aerolithium Batteries, True Blue Power, EaglePicher, Concorde Battery.
The military aircraft battery market is expected to register a CAGR of 7.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military Aircraft Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Military Aircraft Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military Aircraft Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Military Aircraft Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Military Aircraft Battery Market Size & Forecast, 2020-2028
4.5.1 Military Aircraft Battery Market Size and Y-o-Y Growth
4.5.2 Military Aircraft Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lithium-Based Battery
5.2.2 Nickel-Based Battery
5.2.3 Lead Acid Battery
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fighter Aircraft
6.2.2 Reconnaissance Aircraft
6.2.3 Transport Aircraft
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military Aircraft Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Military Aircraft Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lithium-Based Battery
9.6.2 Nickel-Based Battery
9.6.3 Lead Acid Battery
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fighter Aircraft
9.10.2 Reconnaissance Aircraft
9.10.3 Transport Aircraft
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lithium-Based Battery
10.6.2 Nickel-Based Battery
10.6.3 Lead Acid Battery
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fighter Aircraft
10.10.2 Reconnaissance Aircraft
10.10.3 Transport Aircraft
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lithium-Based Battery
11.6.2 Nickel-Based Battery
11.6.3 Lead Acid Battery
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fighter Aircraft
11.10.2 Reconnaissance Aircraft
11.10.3 Transport Aircraft
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lithium-Based Battery
12.6.2 Nickel-Based Battery
12.6.3 Lead Acid Battery
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fighter Aircraft
12.10.2 Reconnaissance Aircraft
12.10.3 Transport Aircraft
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lithium-Based Battery
13.6.2 Nickel-Based Battery
13.6.3 Lead Acid Battery
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fighter Aircraft
13.10.2 Reconnaissance Aircraft
13.10.3 Transport Aircraft
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Military Aircraft Battery Market: Competitive Dashboard
14.2 Global Military Aircraft Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Concorde Battery
14.3.2 Cella Energy
14.3.3 Saft
14.3.4 Sion Power
14.3.5 Tadiran Batteries
14.3.6 GS Yuasa International
14.3.7 Gill Battery
14.3.8 Aerolithium Batteries
14.3.9 True Blue Power
14.3.10 EaglePicher
14.3.11 Concorde Battery
