Lewes, DE -- (SBWire) -- 01/20/2017 --Report forecast the global commercial aircraft battery market to grow at a CAGR of 7.23% during the period 2016-2020.
Aircraft batteries are used to start engines while initiating taxiing or the APU. The batteries are also used to power the airplane interiors and services (such as broadband and air conditioning). The major battery chemistries that are generally used as modern aircraft batteries are lithium-based (Li-ion and lithium iron phosphate), nickel-based (Ni-Cd or nickel metal hydride), and lead-acid. Lead-acid batteries are usually employed in light and general aviation aircraft. The nickel-based batteries dominate larger aircraft and helicopter applications, which are being replaced by the lithium-based batteries since the past decade.
The report covers the present scenario and the growth prospects of the global commercial aircraft battery market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of commercial aircraft batteries.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, in modern commercial aircraft, such as the Boeing 787 Dreamliner, Li-ion batteries have been used as a major power source located in the forward electrical equipment bay and APU. These batteries support the refueling operations and enable to power braking systems when the aircraft is towed. They also support the functioning of critical electrical power equipment in case of a power failure. In addition, the APU and the generator start functioning once the main battery is switched on. The APU battery provides the power to start the APU, which in turn, starts the generators. The APU provides power for the onboard activities and backup power support (such as backup power for flight control electronics).
Further, the report states that the recurring incidence of fire breakouts that have been traced back to Li-ion batteries driving specific operations in aircraft, has been a cause of concern in the market. Batteries that are manufactured defectively undergo thermal runaway when the safety vents do not function. The fire incident in a Boeing 787 Dreamliner could be cited as an example. The APU of the aircraft, operated by Japan Airlines, caught fire due to thermal runaway when it was grounded, which originated due to overheating of a single cell, thereby forcing other cells to malfunction.
Global Commercial Aircraft Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global commercial aircraft battery market: Concorde Battery, Cella Energy, Saft, Sion Power, and Tadiran Batteries
Other Prominent Vendors in the market are: Aerolithium Batteries, EaglePitcher, Gill Battery, GS Yuasa, HBL Power Systems, and True Blue Power
Market driver
- Growing usage of Li-ion batteries
- For a full, detailed list, view our report
Market challenge
- Thermal runaway challenges associated with Li-on batteries
- For a full, detailed list, view our report
Market trend
- Alternative lithium battery technologies
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 58 pages and 38 Exhibits "Global Commercial Aircraft Battery Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by battery chemistry, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-commercial-aircraft-battery-market-2016-2020
Related Reports;
Global Military Aircraft Avionics Market 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/global-military-aircraft-avionics-market-2017-2021
Global Light Electric Aircraft Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-light-electric-aircraft-market-2016-2020
Global Military Aircraft Modernization and Upgrade and Retrofit Market 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/global-military-aircraft-modernization-and-upgrade-and-retrofit-market-2017-2021
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
