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Aircraft Battery Market Size

  • Report ID: GMI12398
  • Published Date: Nov 2024
  • Report Format: PDF

Aircraft Battery Market Size

The global aircraft battery market size was valued at USD 477.8 million in 2024 and is estimated to grow at a CAGR of 13.1% from 2025 to 2034. The industry is growing rapidly as airlines and manufacturers seek lighter, more efficient energy storage solutions. This development is driven by the need to cut fuel use and reduce CO2 emissions.

 

The industry is moving away from traditional lead-acid batteries towards advanced lithium-ion and other high-performance options. These new batteries are lighter and store more energy, which helps improve aircraft performance and reduce reliance on fossil fuels. The push for greener aviation and the development of electric and hybrid aircraft are also boosting demand for reliable, high-capacity batteries.

 

For instance, in October 2024, Saft, a battery manufacturer, introduced a new 28V lithium-ion battery for aviation use. This innovative battery packs more than double the energy for the same weight and 1.5 times the energy for the same volume compared to traditional lead-acid batteries. By adopting these lithium-ion batteries, aircraft can shed 20-30 kg of weight, resulting in less fuel use and lower CO2 emissions. Saft created this maintenance-free battery with its unique cell chemistry. Already, over 20,000 of these batteries are in use, proving their reliability even in tough conditions.

 

The aircraft battery market is shifting towards advanced, high-energy-density technologies such as lithium-ion and solid-state batteries. These innovations are set to improve aviation by enabling more sustainable and efficient flight operations. As the industry focuses on fuel efficiency and reducing carbon emissions, the demand for electric and hybrid aircraft is growing. This trend drives the need for lighter batteries with longer life cycles and faster charging capabilities.

 

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global aircraft battery industry was valued at USD 477.8 million in 2024 and is estimated to grow at a 13.1% CAGR from 2025 to 2034, driven by the need for lighter and more efficient energy storage solutions.

The product segment is expected to grow at a CAGR of over 13% by 2034 due to ongoing improvements in battery technology and increasing demand for sustainable aviation solutions.

North America dominated the aircraft battery market and is expected to reach a value of over USD 715 million by 2034, fueled by a strong push for sustainable aviation and advances in electric aircraft technology.

Key players in the industry include Aerovoltz, Amprius Technologies, Changhong Battery, Concorde Battery, EaglePicher Technologies, EnerSys, GS Yuasa, HBL Power Systems, Mid-Continent Instrument, and Molicel.

Aircraft Battery Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 348
  • Countries covered: 18
  • Pages: 210
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