Space Battery Market Study Including COVID-19 Pandemic Business Impact By 2027

Space batteries are used on spacecraft as a means of power storage. In space, batteries withstand hot and cold conditions. Most batteries used in space can be recharged by solar cells which converts the sun's energy to electricity. Primary batteries contain all their usable energy when assembled and they can only be discharged. Secondary batteries can be re-charged from some other energy source, such as solar panels. They can also deliver power during periods when the space vehicle is out of direct sunlight.

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Moreover, batteries generate electrical current from a chemical reaction. Batteries for vehicles orbiting the earth must resist the high ionizing radiation level above the shield of the earth's atmosphere.

Regions covered
North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa

Companies covered
EnerSys , Arotech Corporation , EaglePicher Technologies , Bren-Tronics Inc. , Saft Groupe, A123 Systems Inc., Automotive Energy Supply Corporation (AESC), Aviation Industry Corporation of China (AVIC), BYD Company Ltd., CBAK Energy Technology Inc., Hitachi Chemical Co

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Space exploration program are increasingly becoming backbone for most of the services used by human beings like tele-communication, education, healthcare and many more. Space launch program require energy to accomplish objective in fruitful manner, which is not possible without the use of space batteries. This is the biggest factor for Space battery market.

Moreover, Batteries in space are used in various applications from earth orbiting spacecraft, launch vehicles, space shuttles, crew return vehicles, astronaut equipment, landers, rovers, and planetary spacecraft. Batteries are mainly used as electrical energy storage or as a source of power.

In addition, Batteries are used for storing excess energy in the event of power system failure because they are a reliable source of backup. Batteries required for space applications withstand shock, vibration, and acceleration and is capable of operating in a hard vacuum.

Furthermore, Batteries also provide maximum electrical energy in minimum volume and weight. Long active shelf life up to 10 years and 30,000 life cycles are the driver for Space battery market. Some planetary missions require as low as 80 °C radiation and resistance temperature.

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However, Different battery systems are used and custom-designed to meet the requirements of a particular space mission as no single battery system can meet these requirements. This is the restraint factor for Space battery market.

Uses of nickel–cadmium battery
Most batteries currently used in space flight are nickel-cadmium. They are also called NI-Cad. These batteries are charged by solar cells that convert the Sun's energy to electricity. But Ni-Cad batteries eventually wear out and aren't rechargeable.

Space Technology 5's small-sat will use Lithium-ion, or Li-ion, batteries, which use chemicals to store energy. And each cell of a Li-ion battery is equipped with a control circuit to limit the voltage peaks during charge and to prevent the voltage from dropping too low on discharge. This control circuit also limits the maximum charge and discharge current.

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Key benefits of the report:

1 This study presents the analytical depiction of the space battery market along with the current trends and future estimations to determine the imminent investment pockets.
2 The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the space battery market share.
3 The current market is quantitatively analyzed from 2020 to 2027 to highlight space battery market.
4 Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
5 The report provides a detailed space battery market analysis depending on competitive intensity and how the competition will take shape in coming years.

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