Aircraft Battery Market Analysis by Top Manufacturers with Recent Trends 2032
According to Emergen Research's most recent estimate, the size of the worldwide aviation battery market is anticipated to reach USD 1065.6 million in 2030, with a consistent revenue CAGR of 13.7%. The consistent market revenue growth of aircraft batteries can be linked to an increase in commercial and military aircraft deliveries globally. For instance, Airbus will maintain its dominance as the largest commercial aircraft manufacturer since 2003 with the delivery of 611 jets in 2021. Their main competitor Boeing expanded the world's fleet of aeroplanes by 340 aircraft in 2021. The two largest makers of aeroplanes worldwide are Boeing and Airbus. Along with commercial aircraft, both companies also produce military aircraft, rockets, satellites, communications equipment, and missiles. Some of the key factors driving the growth of the global Aircraft Battery market include expanding R&D efforts to develop novel Aircraft Battery products for a variety of applications and risi