Aircraft Battery Market

Concorde Batteries (US) and Saft (France) are the Key Players in the Aircraft Battery Market.

Aircraft batteries are used to start engines and auxiliary power units, provide emergency backup power for essential avionics equipment, and power for navigation units. The aircraft battery market is projected to grow from an estimated USD 475.0 Million in 2017 to USD 667.8 Million by 2022, at a CAGR of 7.05% from 2017 to 2022. The North America aircraft battery market is growing at a significant pace due to the rapid growth of the aircraft manufacturing industry in the region. The growth of the Asia Pacific aircraft battery market can be attributed to the rising disposable incomes and increasing air travel.

Concorde Batteries (US), Saft (France), and EnerSys (US) are the key players operating in the aircraft battery market. These market players have been focusing on securing contracts to ensure organic growth in the aircraft battery market. The core competencies of these market players include their widespread geographical presence and increased investments in R&D activities.

Concorde Batteries is a major player in the aircraft battery market. The company focuses on contracts through extensive R&D activities. The company’s next-generation innovation and strategic investments, coupled with a strong product portfolio, are expected to lead to its robust international growth in future. Its strong R&D capabilities have resulted in engineering successes in each of its key business sectors. For instance, Concorde Battery Corporation was awarded the Boeing Performance Excellence Award of 2016.

Saft is planning to expand in the UK and is strengthening its position through partnerships and by establishing local production facilities. Saft has established offices in Israel, the UAE, Saudi Arabia, and Qatar, along with the expansion of its offerings in various sectors. The company caters to its international customers primarily through the aerospace and defense systems and diversified industrial business segments. The company’s next-generation innovation and strategic investments, coupled with a strong product portfolio, are expected to lead to robust international growth in future. In 2017 Saft developed a 44 Ah (Amp-hour) battery for Aero Vodochody’s L-39NG training jet. This battery is designed in a way that avoids electrolyte spillage when the aircraft engages in aerobatic maneuvers.

Related Reports:

Aircraft Battery Market by Offering (Product- Battery (NICAD, Lithium Ion, Lead Acid, Others), BMS, Services) Application (Propulsion, APU, Emergency), Aircraft Type, End User, Power Density, Aircraft Technology, and Region - Global Forecast to 2022

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Report Code
AS 6068
Published ON
Mar, 2018
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