Dublin, May 17, 2024 (GLOBE NEWSWIRE) -- The "Commercial Aircraft Battery Management Systems Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global commercial aircraft battery management systems market is expected to reach an estimated $456.7 million by 2030 with a CAGR of 5.7% from 2024 to 2030.
The future of the market looks promising with opportunities in the centralized, modular, and primary & distributed markets. The major drivers for this market are increasing demand for electric aircraft, growing focus on fuel efficiency and lightweight battery solutions, and stringent regulations promoting safety and reliability in aviation battery systems.
The study includes a forecast for the global commercial aircraft battery management systems by type, material type, and region.
Commercial Aircraft Battery Management System Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Centralized
- Modular
- Primary & Distributed
Commercial Aircraft Battery Management System Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
- Lithium-Ion
- Nickel-Cadmium
- Lead-Acid
Commercial Aircraft Battery Management System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Commercial Aircraft Battery Management System Market Insights
- By material type, lithium-ion is expected to witness the highest growth over the forecast period due to it's high energy density, lightweight nature, and reliability.
- By type, centralized will remain the largest segment due to significant use of commercial aircraft battery management system in this product owing to its scalability, flexibility, and ease of maintenance.
- By region, North America is expected to witness highest growth over the forecast period due to existence of robust aviation base and growing demand for new aircraft procurement in the region.
List of Commercial Aircraft Battery Management System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial aircraft battery management system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial aircraft battery management system companies profiled in this report include:
- AXTER AEROSPACE
- Concorde Battery
- Creare
- EaglePicher Technologies
- Elithion
- EnerSys
- Kanto Aircraft Instrument
- MarathonNorco Aerospace
- MGM COMPRO International
- Mid Continent Instrument
Features of the Global Commercial Aircraft Battery Management System Market
- Market Size Estimates: Commercial aircraft battery management system market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Commercial aircraft battery management system market size by type, material type, and region in terms of value ($M).
- Regional Analysis: Commercial aircraft battery management system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, material types, and regions for the commercial aircraft battery management system market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial aircraft battery management system market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/s71b18
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