Aircraft Battery Market Size Worth USD 2.86 Billion by 2034 | CAGR: 7.1%

The aircraft battery market size is expected to reach USD  2.86 Billion by 2034, according to a new study by Polaris Market Research. The report “Aircraft Battery Market Share, Size, Trends, Industry Analysis Report: By Type, By Technology, By Application, By Aircraft Type, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Aircraft batteries provide onboard power for engine start, emergency systems, and auxiliary power units in commercial, defense, and unmanned aircraft. These include lead acid, lithium-ion, and nickel-cadmium batteries, supporting manufacturers and maintenance providers efficiently.

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Market growth is driven by rising air travel, fleet expansion, and adoption of electric and hybrid aircraft. Moreover, advances in lithium-ion and solid-state batteries improve energy density and reliability. In addition, government incentives and sustainability programs support market expansion.

Aircraft Battery Market Report Highlights

• Based on type, lead acid batteries dominated in 2024 due to reliability and widespread use in commercial and military aircraft.
• In terms of technology, traditional aircraft dominated in 2024 owing to established propulsion systems and large fleet adoption.
• Based on application, propulsion dominated in 2024 driven by rising onboard power requirements.
• In terms of aircraft type, commercial aviation dominated in 2024 due to large fleet sizes and high operational demand.
• North America led in 2024, supported by advanced manufacturing, OEMs, and government backing.
• Asia Pacific projected fastest CAGR, fueled by fleet growth, air travel, and electric aircraft programs.
• Key players in the global market include Saft Groupe SAS, EaglePicher Technologies, EnerSys, Lithium Werks, GS Yuasa Corporation, Panasonic Energy, NorthStar Battery Company, A123 Systems, Exide Technologies, Toshiba Energy Systems & Solutions, Hitachi Chemical, and Johnson Controls.

Polaris Market Research has segmented the market report based on type, technology, application, aircraft type, and region:

By Type Outlook (Revenue, USD Billion, 2020–2034)

• Lead Acid Battery
• Lithium-Ion Battery
• Nickel-Cadmium Battery
• Other Types

By Technology Outlook (Revenue, USD Billion, 2020–2034)

• Traditional Aircraft
• More Electric Aircraft
• Hybrid Aircraft
• Electric Aircraft

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Propulsion
• Emergency
• Auxiliary Power Unit
• Other Applications

By Aircraft type Outlook (Revenue, USD Billion, 2020–2034)

• Commercial Aviation
• Military Aviation
• Unmanned Aerial Vehicles (UAVs)

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America