Aerospace & Defense Battery Market Forecasted to reach US$ 211.8 million in 2023

(I-BusinessNews.Com, March 05, 2019 )
Stratview Research has launched a research report on Aerospace & Defense Battery Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace & Defense Battery Market from 2018 to 2023.

This 205-page report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
● by Battery Type (Nickel-Cadmium Battery, Lead Acid Battery, and Others)
● by Channel Type (Direct Sales and Distributor Sales)
● and by Region
○ North America (Country Analysis: The USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
○ Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
○ Rest of the world (Country Analysis: Latin America, The Middle East, and Others)

Stratview Research, has presented the study of Aerospace & Defense Battery Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The key aerospace OEMs are Boeing, Airbus, Bombardier, Lockheed Martin, Embraer, ATR, and Mitsubishi Heavy Industries and key airline companies are Lufthansa, Delta Air, Air China, and Singapore Airlines. The global battery market in the aerospace & defense industry is a highly consolidated with the presence of less than a dozen player. The key battery manufacturers are Saft Groupe S.A., GS Yuasa Corporation, Concorde Aircraft Batteries, Securplane Technologies Inc., and EnerSys. New product development and long-term contracts with customers are the key strategies adopted by the major players to gain a competitive edge in the market.

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Lithium-Ion batteries used in the aerospace & defense industry

The aerospace & defense battery market is forecasted to reach US$ 211.8 million in 2023. Increasing production rates of major aircraft, such as B737, B787, A320, and A350XWB; an expected entry of upcoming aircraft, such as MRJ and C919; growing aircraft fleet size, and an advancement in technology are the key growth drivers of the aerospace & defense battery market.

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

Stratview Research
Ritesh Gandecha

Source: EmailWire.Com