Global Military Aircraft Battery Market Expected To Reach At A CAGR Of More Than 4% During The Period 2017 - 2021

Researchmoz added Most up-to-date research on "Global Military Aircraft Battery Market Expected To Reach At A CAGR Of More Than 4% During The Period 2017 - 2021" to its huge collection of research reports.

This industry research report identifies Concorde Battery, Cella Energy, Saft, Sion Power, and Tadiran Batteries as the key vendors in the global military aircraft battery market. This industry research report also presents a competitive analysis of the market by battery chemistry (lithium based, nickel based, and lead acid) and by geography (the Americas, APAC, and EMEA).

Overview of the global military aircraft battery market
Market research analysts at Technavio predict that the global military aircraft battery market will grow steadily at a CAGR of more than 4% by 2021. Li-ion batteries are highly-efficient rechargeable batteries that provide efficient usage in portable devices that have less memory effect and high energy density. These batteries are the major source for backup power in the forward electrical equipment bay and the auxiliary power units (APU). In addition to supporting refueling operations and enabling power braking systems, these batteries also support critical electrical power equipment. As a result, the coming years will witness a significant increase in the usage of Li-ion batteries, which will be one of the primary factors that will have a positive impact on the growth of the military aircraft battery market.

This market research report identifies the growing demand for more electric aircraft (MEA) as one of the key trends behind the growth of the military aircraft battery market. The demand for MEA is increasing due to the changes in industry dynamics in favor of fuel-efficient aircraft. The designs for MEA will be impacted by innovations in battery designs and further innovations in electric motors. Reducing the weight and size of electromagnetic interference filters will proportionately influence the success of MEA by implementing the wideband gap devices that feature high operating temperature, low losses, and high switching efficiency. Innovations towards improving the efficiency and performance of MEA will trigger the growth of the military aircraft battery market.

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Competitive landscape and key vendors
The military aircraft battery market is highly-competitive and fragmented due to the presence of numerous global, regional, and local vendors who constantly compete to gain maximum market shares. The growth of the vendors in the market is impacted by various factors including intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations. To acquire a competitive advantage, the vendors should increase their R&D investments and should also focus on providing cost-effective and high-quality aircraft batteries and enhancing their product offerings.

The leading vendors in the market are -
Concorde Battery
Cella Energy
Saft
Sion Power
Tadiran Batteries

The other prominent vendors in the market are EaglePicher, Teledyne Technologies, and GS Yuasa International.

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Segmentation by battery chemistry and analysis of the military aircraft battery market
Lithium-based batteries
Nickel-based batteries
Lead Acid batteries

During 2016, the lithium-based battery segment accounted for the major shares of the military aircraft battery market. Factors such as the longer self-discharge time that results in increased efficiency and low maintenance contributes to the growth of this market segment. Additionally, advantages such as the light-weight, lower fuel consumption, and reduced carbon emissions that will enhance the performance of the aircraft, will also fuel the growth of the market in this segment.

Geographical segmentation and analysis of the military aircraft battery market
Americas
APAC
EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the military aircraft battery market by 2021. North America will be the major contributor in this region where increased expenditure and technological advancements drive the demand for military aircraft batteries. Additionally, the high investment towards procurement, sustainment, and modernization and the advanced R&D programs will also drive the demand for military aircraft batteries in the Americas.

Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global military aircraft battery market?
What are the key market trends impacting the growth of the global military aircraft battery market?
What are the challenges to market growth?
Who are the key vendors in the global military aircraft battery market?
What are the market opportunities and threats faced by the vendors in the global military aircraft battery market?

Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global military aircraft battery market?
Technavio also offers customization on reports based on specific client requirement.

This upcoming industry research report on the global military aircraft battery market offers insights into the market size and key drivers influencing the growth of the aerospace and defense industry. Our market research reports for the aerospace and defense industry also follow a trustworthy data collection methodology and offer an analysis of fast growing market segments like defense sector.

By considering the market segment and size, rising demand for the various defense sector, the market research professionals at Technavio offer an all-inclusive picture of the global military aircraft battery market for the estimated period of 2017 to 2021. Additionally, our research practices help clients develop effective growth strategies and keep pace with the continually changing market landscape. This market research study also offers an all-inclusive analysis of various defense industry products and services based on the interpretation of the information assembled from specific resources such as channel partners and market stakeholders. This upcoming market research report on the flip chip substrate market also covers vendors like Concorde Battery, Cella Energy, Saft, Sion Power, and Tadiran Batteries.

This upcoming industry report on the global military aircraft battery market also considers the growth of the related defense sector markets such as the military gas mask, which is expected to grow at a CAGR of over 4% by 2021. As per our market research experts, the growing development and procurement of military aircraft may influence the demand for military aircraft batteries.

The upcoming industry research report for global military aircraft battery market also categorizes the key drivers, major trends, as well as the challenges that the aerospace and defense sector currently experiences. This market research report on the global military aircraft battery market also presents insights into the rapidly changing competitive scenario to give clients a genuine picture of the forthcoming events within the aerospace and defense industry. Technavio also provides in-depth market valuations into the sectors such as aerospace and defense technology.

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