Global Aviation Battery Market 2019-2023 | Evolving Opportunities with Concorde Battery Corp. and EaglePicher Technologies LLC | Technavio

By Associated Press 05 November 2019, 12:00AM

LONDON--(BUSINESS WIRE)--Nov 4, 2019--

Technavio has been monitoring the global aviation battery market since 2018 and the market is poised to grow by USD 148.12 million during 2019-2023, progressing at a CAGR of over 8% during the forecast period. Request free sample pages

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Technavio has announced its latest market research report titled global aviation battery market 2019-2023. (Graphic: Business Wire)

Read the 123-page report with TOC on “Aviation Battery Market Analysis Report by Type (nickel-based batteries, lithium-based batteries, and lead-based batteries), Geography (Americas, APAC, Europe, and MEA), and the Segment Forecasts”.

The market is driven by the increasing demand for air transportation. In addition, the emergence of electric aircraft is anticipated to boost the growth of the aviation battery market.

Factors such as rapid globalization and the increase in passenger and cargo movement have led to the rise in demand for air transportation. In addition, the expanding purchasing power of people across the world, especially from developing countries has significantly increased the demand for aircraft. Thus, the rising number of aircraft will boost the demand for aviation batteries during the forecast period.

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Major Five Aviation Battery Companies:

Concorde Battery Corp.

Concorde Battery Corp. offers a wide range of aviation batteries for aircraft. AGM battery is one of the key offerings of the company.

EaglePicher Technologies LLC

EaglePicher Technologies LLC provides technologically advanced aviation batteries with unmatched power and energy delivery performance.

GS Yuasa Corp.

GS Yuasa Corp. owns and operates its business across various segments such as Automotive batteries (Japan), Automotive batteries (Overseas), Industrial batteries and power supplies, Automotive lithium-ion batteries, and Others. The company manufactures Li-ion batteries for aircraft applications.

Kokam Co. Ltd.

Kokam Co. Ltd. provides Li-ion battery solutions for manned aerial vehicles and UAVs. Kokam Aviation/UAV Battery Pack is one of the key offerings of the company.

Saft Groupe SA

Saft Groupe SA owns and operates its business across various segments such as Transportation, Telecom & Grid, Civil Electronics, Space & Defense, and Industrial Standby. The company offers a wide range of aviation batteries. ULM Ni-Cd battery is one of its key offerings.

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Aviation Battery Type Outlook (Revenue, USD Million, 2019 - 2023)

  • Nickel-based batteries
  • Lithium-based batteries
  • Lead-based batteries

Aviation Battery Regional Outlook (Revenue, USD Million, 2019 - 2023)

  • Americas
  • APAC
  • Europe
  • MEA

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Utilities Include:

Global Electric Vehicle (EV) Battery Market – Global electric vehicle (EV) battery market by type (lithium-ion battery, lead-acid battery, and others) and geography (the Americas, APAC, and EMEA).

Global Two-wheeler (2W) Battery Market – Global two wheeler battery market by battery type (lead-acid battery, lithium-ion battery, and nickel metal hydride (NiMH) battery) and geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191104005477/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY AIR TRANSPORT OTHER ENERGY

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/04/2019 08:24 AM/DISC: 11/04/2019 08:24 AM

http://www.businesswire.com/news/home/20191104005477/en

By Associated Press 05 November 2019, 12:00AM

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