Space and Aerospace batteries are becoming an important part of space missions, airborne remote sensing programs, and defense and security applications.

This study offers a detailed analysis of the global Space and Aerospace Battery system market over the next eight years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry and analyses factors influencing demand for Space and Aerospace Battery systems.

Global Space and Aerospace Battery markets will reach US$10.11 billion through 2030 from US$4.09 billion in 2022. And the energy requirement for space and aerospace application will rise to 28.09 million kWh in 2030 from 9.09 million kWh in 2022.

The availability of different battery chemistries in all ranges of energy densities has created ample scope and opportunities for Space and Aerospace batteries worldwide. By 2030, the Space and Aerospace battery business in the world will flourish in almost all types of end-use applications.

Various chemistries in Lithium-ion and upcoming combinations of lithium with sulphur and silicon are inviting more scope for high-energy density batteries to the markets. Solid-state batteries has also made a headway and soon will become part of mainstream markets.

Many Space and Aerospace Battery system developers and manufacturers struggle with the scalability of the business and marketing network. Acquisition of manufacturing sites, development of skilled technical supply chain is increasing in the past few years.

Today, majority of battery manufacturers are focusing on developing batteries for electrical vehicles. Which will help space and aerospace batteries in terms of getting safe, high-energy density and longer life cycle batteries.

Going further in the next ten years there are many satellite launcheds planned worldwide, many new aircraft especially UAVs will generate demand. HAPS (High-Altitude Pseudo-Satellite) and Airtaxis will become a mainstream business. We could see more of such trends in the markets. The business is going to be huge and will expand in many countries and applications.The fear is the supply could face challenges mostly due to lack of capital or lack of ability to scale the business.
 

In particular, it provides an in-depth analysis of the following

  • Overview: Snapshot of the space and aerospace market during 2022 - 2030, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of the spending concerning regions as well as by application, types, and platforms. It sheds light on the emergence of new platforms like snapshot hyperspectral video technology.
  • Market Dynamics: Insights into the technological developments in the battery chemistires, materials, and battery formats and a detailed analysis of the changing preferences of battery applications around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
  • Segment Analysis: Insights into the Space and Aerospace Battery market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
  • Regional Review: Insights into present Space and Aerospace Battery system strength and future demand for top countries within a region.
  • Regional Analysis: Insights into the Space and Aerospace Battery market from a regional perspective and a detailed analysis of factors influencing the market for each region.
  • Trend Analysis - Key Application Market: Analysis of the key applications of space and aerospace batteries in each region in terms of value (US$) and energy requirement (kWh), providing an analysis of the Space and Aerospace Battery system expected to be in demand in each region.
  • Competitive landscape analysis: Analysis of competitive landscape of the global Space and Aerospace Battery industry. It provides an overview of key companies, together with insights such as product range, strategic prtnerships and SWOT
 

Segmentations

Region

  • North America
  • Europe
  • APAC
  • Middle East & Africa
  • Latin America


ValueType

  • USD
  • kWh


Sales Type

  • New
  • Recycled


Market Type

  • OEM
  • Aftermarket


End-User Type

  • Military
  • Civil & Commercial


Application

  • Space
  • Aircraft
  • UAV
  • HAPS


Space Application

  • Satellites
  • Launch Vehicles
  • Space Exploration Mission


Satellite Type

  • Large
  • Medium
  • Small
  • CubeSats
  • Others


Satellite Orbit Type

  • LEO
  • MEO
  • GEO and Others


Aircraft Market Type

  • Military
  • Civil & Commercial


Military Aircraft Type

  • Large Airplanes
  • Medium and Small Airplanes
  • Heavy Helicopters
  • Medium and Small Helicopters


Civil & Commercial Aircraft Type

  • Large
  • Medium and Small Planes
  • Heavy Helicopters
  • Medium and Small Helicopters


UAV Market Type

  • Military
  • Civil & Commercial


Military UAV Type

  • Large
  • Medium
  • Small
  • Mini/micro/Nano


Civil and Commercial UAV Type

  • Medium
  • Small
  • Mini/micro/Nano
 

Scope

  • Space and Aerospace Market is projected to register a CAGR of 12.0% over 2022-2030 in terms of value and about 15.1% in terms energy requirement.
  • In terms of applications, the space batteries is anticipated to account for the largest share of revenue globally
  • Aircraft batteries and UAV batteries are anticipated to account for the second and third largest segments in terms of revenue over the forecast period.
  • The remaining market share is held by HAPS.
  • Rising need for high-energy density and safety will increase demand for Space and Aerospace Battery system
 

Reasons to buy

  • Determine prospective investment areas based on a detailed trend analysis of the Space and Aerospace Battery market over the next eight years
  • Gain an in-depth understanding of the underlying factors driving demand for different Space and Aerospace Batteries in the top spending countries and other potential markets across the world and identify the opportunities offered by each of them
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global space and aerospace battery markets, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the Space and Aerospace Battery systems providers around the world.