Market Share of Aircraft Battery Industry
The aircraft battery market is fragmented in nature, with several players holding significant shares in the market. Some of the prominent players in the aircraft battery market are Concorde Battery Corporation, GS Yuasa Group, SolarEdge Technologies Inc., Teledyne Technologies Incorporated, and Saft Groupe SAS.
Concorde Battery Corporation is one of the major companies that provide aircraft batteries for military aircraft programs like Boeing CH-47 Chinook, Northrop Grumman EA-6B Prowler, Sikorsky CH-53K King Stallion, Boeing F/A-18 Super Hornet, and Bell Boeing V-22 Osprey, among others. Saft Groupe SAS supports major commercial aircraft programs of Airbus and Boeing like ATR 42/72, Airbus A320, Airbus A330, Boeing B737, Boeing B777, and Embraer E-Jet 170/190 series aircraft, along with military and general aviation aircraft, like Falcon 2000, Falcon 900LX, Airbus A400M, and Lockheed Martin F-35, among others.
Owing to the growth of commercial aviation, along with an increase in the procurement of military aircraft, the aircraft battery market is expected to grow rapidly. With the ongoing electrification of aircraft, companies are developing new and advanced battery technologies. The replacement of batteries in aircraft has also increased the demand for batteries from companies like True Blue Power and Kokam.
Aircraft Battery Market Leaders
Concorde Battery Corporation
Teledyne Technologies Incorporated
Saft Groupe SAS
GS Yuasa Group
SolarEdge Technologies, Inc.
*Disclaimer: Major Players sorted in no particular order
