North American Commercial Aircraft Battery and Accessories Market is Expected to Grow at A CAGR of 7.1%

Date: 2015-07-16

The North American commercial aircraft battery and accessories market is expected to grow at a CAGR of 7.1% from 2014 to 2019. The growth in the North American aircraft industry, technological advancements, rapid growth in aircraft manufacturing, and the increase in the number of aircraft manufacturing hubs in North America are among the major factors driving the growth of the market.  However, the need for high maintenance and the high incidence of environmental and technical hazards are the key challenges faced by the major players in this market.

In this report, the commercial aircraft batteries and accessories market in North America is segmented in terms of aircraft type into narrow body aircraft, wide body aircraft, and very large body aircraft. On the basis of battery chemistry, the market has been segmented into nickel cadmium, lithium, and others. This North American market report covers major countries of the region, such as the U.S. and Canada for a comprehensive analysis of the concerned market.

The North American commercial aircraft batteries and accessories market is a competitive market with a number of market players with niche technologies. The commercial aircraft batteries and accessories market is dominated by Enersys (U.S.), Saft Groupe SA (France), Eagle Picher Corporation (U.S.), and GS Yuasa Corporation (Japan), among others. New product launches, partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by the market players to achieve growth in the commercial aircraft batteries and accessories market.

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