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Category: Business and Industry
Date Submitted: 12/12/2014 04:25 AM
Bharat Book Bureau presents the new report, on “Global Commercial Aircraft Batteries and Accessories Market - Analysis and Forecast (2013-2019)” It provides comprehensive information on battery chemistries offered by the top players in the aircraft batteries and accessories market.
The global commercial aircraft batteries and accessories market is estimated to grow at a CAGR of 7.3% from 2014 to 2019. Although the developing markets (such as the China, India, and Japan) hold larger shares in the global commercial aircraft batteries and accessories market, the Middle East region is expected to grow at the fastest CAGR of 8.4% during the forecast period, 2014 to 2019. The growth of the commercial aircraft batteries and accessories market is driven by factors such as rapid growth in the aircraft manufacturing, technological advancements, and growth in the electric aircraft industry. However, factors such as high maintenance and risk of fire are restraining factors to the batteries market.
In this report, the global commercial aircraft batteries and accessories market has been classified in terms of aircraft type, battery chemistry, and geography. The aircraft type segment is further categorized into Very Large Aircraft (VLA), Wide Body Aircraft (WB), Narrow Body Aircraft (NB), and Regional Jets (RJ). The battery chemistry segment is classified into nickel cadmium and lithium, among others. Narrow body aircrafts are expected to lead the aircraft type segment, whereas the battery chemistry segment is expected to be dominated by the nickel cadmium batteries market in 2014.
Geographically, Asia-Pacific (comprising the China, Japan, and Rest of Asia-Pacific) is estimated to command the largest share of 38.7% of the global commercial aircraft batteries and accessories market in 2014, followed by North America. The commercial aircraft batteries and accessories market in the Asia-Pacific region is primarily driven by factors including rising disposable incomes,...