Commercial Aircraft Battery Management System Market Growth in Aerospace & Defense Industry | Emerging Trends, Company Risk, and Key Executives | Technavio
NEW YORK, July 22, 2021 /PRNewswire/ -- The commercial aircraft battery management system market is expected to grow by USD 99.69 million, progressing at a CAGR of over 7% during the forecast period.
The inclination toward the development of MEA and hybrid aircraft is one of the major factors propelling the market growth. However, the lack of proper BMS standards will hamper market growth.
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Commercial Aircraft Battery Management System Market: Type Landscape
Based on the type, the market witnessed maximum growth in the nickel-cadmium battery segment. The segment is driven by the increased use of nickel-cadmium batteries in aircraft applications such as APUs, generators, and other electrical components. The market growth in the segment will be significant during the forecast period.
Commercial Aircraft Battery Management System Market: Geographic Landscape
By geography, North America is going to have lucrative growth during the forecast period. About 36% of the market's overall growth is expected to originate from North America. The presence of a robust aviation base in the US and Canada will be crucial in driving the growth of the commercial aircraft battery management system market in North America during the forecast period.
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Companies Covered:
- Acme Aerospace Inc and Avionic Instruments LLC
- Axter Aerospace
- Creare LLC
- EaglePicher Technologies LLC
- Elithion Inc.
- Kanto Aircraft Instrument Co. Ltd.
- LION Smart GmbH
- MarathonNorco Aerospace Inc.
- MGM COMPRO
- Mid-Continent Instrument Co. Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2020, 2021, until 2025
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Battery type
- Market segments
- Comparison by Battery type
- Nickel-cadmium - Market size and forecast 2020-2025
- Lithium-ion - Market size and forecast 2020-2025
- Lead-acid - Market size and forecast 2020-2025
- Market opportunity by Battery type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Acme Aerospace Inc and Avionic Instruments LLC
- Axter Aerospace
- Creare LLC
- EaglePicher Technologies LLC
- Elithion Inc.
- Kanto Aircraft Instrument Co. Ltd.
- LION Smart GmbH
- MarathonNorco Aerospace Inc.
- MGM COMPRO
- Mid-Continent Instrument Co. Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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