Dublin, June 16, 2022 (GLOBE NEWSWIRE) – The “Batteries for Space and Aerospace – Market and Technology Forecast to 2030” report has been added to by ResearchAndMarkets.com offer.
The global space and aerospace battery markets will reach $ 10.11 billion by 2030 from $ 4.09 billion in 2022. And energy needs for space and aerospace applications will increase to 28.09 million kWh in 2030 from 9.09 million kWh in 2022.
Space and aerospace batteries are becoming an important part of space missions, aerial 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 forecasts on the market size. In addition, it covers the major technology and market trends in the industry and analyzes the factors affecting the demand for space and aerospace battery systems.
The availability of different battery chemicals across all energy density ranges has created ample possibilities and opportunities for space and aerospace batteries around the world. By 2030, the space and aerospace battery business around the world will thrive in nearly all types of end applications.
Various lithium-ion chemicals and upcoming combinations of lithium with sulfur and silicon are calling the markets more space for high-energy-density batteries. Solid state batteries have also made progress and will soon become part of traditional markets.
Many developers and manufacturers of space and aerospace battery systems struggle with the scalability of the commercial and marketing network. Acquisition of production sites, development of a qualified technical supply chain has been increasing in recent years.
Today, most battery manufacturers are focusing on the development of electric vehicle batteries. This will help space and aerospace batteries in terms of safe, high energy density and longer life cycle batteries.
Going further in the next ten years there are many satellite launches planned around the world, many new aircraft especially UAVs will generate demand. HAPS (High-Altitude Pseudo-Satellite) and Airtaxis will become a mainstream business. We may see more of these trends in the markets.
The business will be huge and will expand to many countries and applications. The fear is that the offering may face challenges due primarily to a lack of capital or a lack of ability to scale the business.
Scope
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The space and aerospace market is expected to record a CAGR of 12.0% over the period 2022-2030 in terms of value and around 15.1% in terms of energy needs.
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In terms of applications, space batteries are expected to account for the largest share of revenue globally
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Aircraft batteries and UAV batteries are expected to represent the second and third largest segments in terms of revenue over the forecast period.
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The remaining market share is held by HAPS.
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The growing need for high energy density and security will increase the demand for space and aerospace battery systems
Market overview
Overview of batteries used for space and aerospace applications
Notable events
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NASA develops solid-state batteries for added safety and rechargeable
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Shipment of the first high-density lithium-ion batteries for high altitude pseudosatellites (HAPS)
Competitive scenario
Offer analysis
Technologies and developments
Battery Type
Format of a battery
Key performance criteria for space and aerospace batteries
History of the chemistry development of rechargeable batteries
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Nickel-cadmium batteries
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Sodium-sulfur battery technology
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Lithium Nickel Cobalt Aluminum Oxides (NCA)
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Lithium Nickel Manganese Cobalt (NMC) batteries.
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Lithium iron phosphate (LiFePO4) batteries.
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Lithium Manganate Oxide (LMO) battery.
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Lithium titanate or lithium titanium oxide (LTO) battery.
VES16 lithium-ion cell for space applications
Future battery technologies to keep an eye on
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Lithium-sulfur battery technology
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Lithium-air battery technology
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Solid state lithium metal battery technology
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Silicon nanowire battery technology
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Zinc-air battery technology
Licensing technology
Bipolar stacking
Companies mentioned
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AAC CLYDE SPACE
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Amprio
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AMTE power
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APB Corporation
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Concorde Battery Corporation
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CUSTOMCELLS
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Denchi
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EaglePicher Technologies
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Electricity systems
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EnerSys
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Epsilor
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Space Gom
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GS Yuasa International Ltd.
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Ibeos (formerly Cubic Aerospace)
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Kokam
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Saft SAS Group
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Sion Power
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Vector space
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Steatite Ltd
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Teledyne Battery Products (GILL)
Segmentations
Region
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North America
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Europe
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APAC
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Middle East and Africa
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Latin America
Value type
Type of sale
Market type
End user type
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Military
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Civil and commercial
Application
Spatial application
Type of satellite
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Large
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medium
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Small
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Cube Sat
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Other
Type of satellite orbit
Type of aviation market
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Military
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Civil and commercial
Type of military aircraft
Type of civil and commercial aircraft
Market type UAV
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Military
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Civil and commercial
Military UAV type
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Large
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medium
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Small
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Mini / micro / nano
Civil and Commercial UAV type
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medium
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Small
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Mini / micro / nano
For more information on this report, please visit https://www.researchandmarkets.com/r/2bf2nj
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