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The aviation battery market size is forecast to increase by USD 369.1 million at a CAGR of 7.81% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for air transport and the declining prices of Lithium-ion (Li-ion) batteries. These batteries offer several advantages over traditional lead-acid batteries, including higher energy density, longer cycle life, and lighter weight. However, the market faces challenges from competition with fuel cells, which offer similar benefits but with the added advantage of producing no emissions. The aviation industry's shift towards sustainable and eco-friendly solutions is expected to increase the adoption of Li-ion batteries in the coming years. Additionally, advancements in battery technology, such as solid-state batteries, are expected to further drive market growth. Overall, the market is poised for growth, with increasing demand from the air transport sector and technological advancements in battery technology.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Battery Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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