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The commercial aircraft battery management system market size is estimated to grow by USD 137.4 million at a CAGR of 7.98% between 2023 and 2028. Market growth for Commercial Aircraft Emergency Generators (CAEGs) is driven by several key factors. Regulatory compliance necessitates regular monitoring and replacement of batteries, ensuring a consistent demand for these essential systems. Moreover, the electrification trend in aviation is gaining momentum, with CAEGs playing a crucial role in powering various aircraft systems during emergencies or on the ground. Additionally, the increasing number of aircraft deliveries, particularly from leading manufacturers like Boeing and Airbus, is expected to boost market growth. CAEGs are indispensable for maintaining safety and operational efficiency in commercial aviation, making them a vital investment for aircraft operators.
Market Forecast 2024-2028
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The market is evolving rapidly, driven by advancements in lithium-ion battery, nickel-cadmium battery, and lead-acid battery technologies. Aircraft manufacturers and OEM providers are increasingly adopting high energy density batteries for improved performance. The centralized type segment and modular BMS with computer-controlled system and electronic system are becoming standard, enhancing power distribution and avionics systems management. Innovations in Internet of Things and data analytics technologies are optimizing fuel management and ensuring a reliable electric power supply. Both aftermarket solutions and aircraft power distribution systems are incorporating functional modules for efficient operations in commercial flights and airplanes. Our researchers studied the data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.
Several electric and hybrid-electric aircraft rely on advanced battery technology, typically lithium-ion or other high-energy-density batteries. In addition, these batteries require sophisticated battery management systems to ensure safe and efficient operation. Furthermore, electric and hybrid-electric aircraft have more complex battery systems due to higher power demands.
The complexity of managing multiple battery modules in commercial aircraft, coupled with the objective of enhancing energy efficiency in aviation, has led to the necessity of advanced Battery Management Systems (BMS). These solutions not only optimize energy usage but also monitor performance to ensure the longevity of batteries. The electrification of aviation aims to reduce fuel consumption and emissions, making BMS solutions indispensable. Commercial Aircraft Auxiliary Power Units (APUs) also benefit from these advanced systems, as they require efficient energy management to operate effectively. Consequently, the market for Commercial Aircraft BMS is anticipated to experience significant growth during the forecast period due to these factors.
A fuel cell can be referred to as an electrochemical device that uses hydrogen and oxygen from the air to produce electricity, releasing water and heat as its by-products. In addition, hydrogen is generally sourced from fossil fuels, such as natural gas, propane, or renewable fuels. Furthermore, it can also be produced by the electrolysis of water, which can be done by using electricity generated from renewables like solar or wind power or from nuclear energy and the grid.
Moreover, the chemical reaction in fuel cells generates electricity, which is stored within the Li-ion battery pack within the aircraft. In addition, the use of both batteries and fuel cells in combination can deliver sustainable electrical power. Furthermore, when the stored reactants in a battery are used up, a fuel cell continues to work as long as its external fuel supply lasts. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.
One of the most appropriate technological solutions for electric aircraft is Li-ion batteries. In addition, they offer advantages, such as power density and improved charging cycle life. However, these batteries require proper monitoring and protection to operate within optimum working conditions. Furthermore, the challenge for BMS manufacturers is that there is no standard for BMS, and hence, it is difficult to maximize economies of scale.
Moreover, there is no clear and precise definition of what constitutes a BMS for Li-ion batteries, which is universally accepted by all stakeholders, including developers, manufacturers, integrators, and users. As a result, it has led to consequences, such as multiple and inconsistent BMS interpretations, ineffective battery, BMS, and system designs that may be overly complex or too simple, a rise in cost with an increase in levels and phases of development, and an increase in development time. Hence, such factors hinder the market growth during the forecast period.
The centralized segment is estimated to witness significant growth during the forecast period. This segment continuously monitors the health of individual batteries and modules within the aircraft's battery systems. In addition, it tracks parameters such as voltage, current, temperature, and state of charge to assess the condition of each battery. Furthermore, the BMS optimizes the use of these to ensure that they are used efficiently, extending their lifespan and maintaining their capacity.
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The centralized segment was the largest segment and was valued at USD 98.23 million in 2018. Moreover, it manages charge and discharge rates to prevent overuse or overcharging. In addition, the centralized BMS monitors and controls the temperature of the battery system, preventing overheating or extreme cold conditions, which can affect performance and safety. Furthermore, this segment records real-time data related to battery performance, which is valuable for monitoring, analysis, and maintenance. Hence, these data can be used to predict when maintenance is required and assess performance over time. Therefore, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Based on type, the segment is classified into lithium-ion, nickel-cadmium, and lead-acid. The Li-ion batteries segment is preferred in electric aircraft because of their increased power density, which enables them to hold a larger amount of power compared to lead-acid and Ni-Cd batteries. In addition, this segment demands considerably less maintenance than Ni-Cd and lead-acid batteries. Moreover, the lifecycle of Li-ion batteries is highly dependent on the charging and discharging range. Therefore it is essential to have the the system ensure optimal charge limits always. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
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North America is estimated to contribute 36% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The main factor that is fuelling the growth of the commercial aircraft battery management system (BMS) market in North America is the robust aviation base in countries including the US, Canada, and Mexico. In addition, the increase in the global demand for new aircraft procurement has also created a parallel requirement for investing in aerospace component and equipment manufacturing. Moreover, this has channelized substantial funds into the commercial aircraft battery management system market in the region. Furthermore, aircraft battery management system manufacturers have been investing in enhancing their production technologies to help aircraft original equipment manufacturers (OEMs) address the growing concerns due to battery failures. Therefore, such factors are driving the market growth in North America during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Acme Aerospace Inc and Avionic Instruments LLC: The company offers commercial aircraft battery management systems with DSP converters, DSP inverters, and 270 VDC TRUs.
We also have detailed analyses of the market’s competitive landscape and offer information on 16 market companies, including:
AXTER AEROSPACE S.L., Concorde Battery Corp., Creare LLC, EaglePicher Technologies LLC, Elithion Inc., EnerSys, Kanto Aircraft Instrument Co. Ltd., MarathonNorco Aerospace Inc., MGM COMPRO International s. r. o., Mid Continent Instrument Co. Inc., PIPISTREL doo, Silicon Engineering Pty Ltd., Thales Group, and TotalEnergies SE.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2023 for the following segments
Aviation Battery Market: Aviation Battery Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Israel, China, Japan, Russia - Size and Forecast
Electric and Hybrid Aircraft Propulsion System Market: Electric and Hybrid Aircraft Propulsion System Market Analysis Europe, North America, APAC, Middle East and Africa, South America - US, China, France, Germany, Slovenia - Size and Forecast
Lithium-Ion Battery Management Systems (BMS) for Vehicles Market: Lithium-Ion Battery Management Systems (BMS) for Vehicles Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, US, Norway, Germany, Japan - Size and Forecast
In the dynamic landscape of the aviation industry, advancements in electric and hybrid vehicles are reshaping the future of air travel. Condition-based monitoring and distributed battery management systems ensure the safety and efficiency of modern propulsion systems in diverse aircraft models ranging from fixed-wing to rotary-wing, and from narrow-body to wide-body configurations. These innovations are showcased at international trade shows and exhibitions, highlighting breakthroughs in fast-charging batteries and rechargeable battery technologies. Advertising campaigns emphasize the benefits of electric propulsion in achieving international decarbonization goals, promoting safe operating areas for sustainable air travel. The integration of aircraft power distribution systems and modular segments supports scalable solutions for aviation electrification, catering to both civilian and military applications. This transformative shift underscores a commitment to reducing environmental impact while enhancing operational efficiency, paving the way for a greener future in global aviation.
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Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.98% |
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Market Growth 2024-2028 |
USD 137.4 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.46 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 36% |
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Key countries |
US, Canada, China, France, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Acme Aerospace Inc and Avionic Instruments LLC, AXTER AEROSPACE S.L., Concorde Battery Corp., Creare LLC, EaglePicher Technologies LLC, Elithion Inc., EnerSys, Kanto Aircraft Instrument Co. Ltd., MarathonNorco Aerospace Inc., MGM COMPRO International s. r. o., Mid Continent Instrument Co. Inc., PIPISTREL doo, Silicon Engineering Pty Ltd., Thales Group, and TotalEnergies SE |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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