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(Transportation-News.com, January 25, 2019 )
Stratview Research has published a new research report on Aerospace & Defense Battery Market. This extensive 205-page report by Stratview Research analyses the growth of Aerospace & Defense Battery Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
● 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, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/201/aerospace-and-defense-battery-market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/201/aerospace-and-defense-battery-market.html
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.
North America to remain the largest market
North America is expected to remain the largest market for batteries in the aerospace & defense industry during the forecast period. The region is the manufacturing capital of commercial, regional, business jets, and military aircraft. The region also holds one of the largest commercial aircraft fleet size worldwide. Asia-Pacific is projected to grow at the highest rate over the next five years, driven by China, India, and Japan. High demand for commercial aircraft to support rising passenger traffic, increasing defense spending, and upcoming commercial and regional aircraft, such as C919 and MRJ are the major growth drivers of the region.
Top market players
The supply chain of this market comprises raw material suppliers, battery manufacturers, aircraft OEMs, distributors, and airline companies. 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.
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
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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