Electric vertical take-off and landing (E-VTOL) aircraft are under development around the world, primarily aimed at flying taxis to avoid the ever-increasing congestion in major cities. In all-electric aircraft, weight is critical. Today lithium ion (Li-ion) is widely used in applications where lightweight batteries are required, but it is simply not light enough to meet the needs of most electric plane applications including E-VTOL. Thus, a new battery chemistry is needed and this is seen by many to be lithium-sulfur (Li-S).
MARKET DYNAMICS
The increasing need of light-weight aircraft is driving the growth of the E-VTOL battery market. However, the less availability of battery technology may restrain the growth of the E-VTOL battery market. Furthermore, the growing number of E-VTOL aircraft pilots is anticipated to create market opportunities for the E-VTOL battery market during the forecast period.
MARKET SCOPE
The "Global E-VTOL Battery Market Analysis To 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The E-VTOL battery market report aims to provide an overview of the E-VTOL battery market with detailed market segmentation by battery, aircraft type, and geography. The global E-VTOL battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading E-VTOL battery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global E-VTOL battery market is segmented on the basis of battery and aircraft type. Based on battery, the E-VTOL battery market is segmented into: lithium-sulfur (Li-S), lithium-metal, and others. On the basis of aircraft type, the E-VTOL battery market is segmented into: commercial aircraft and military aircraft.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global E-VTOL battery market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The E-VTOL battery market by each region is later sub-segmented by respective countries and segments. The E-VTOL battery market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the E-VTOL battery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the E-VTOL battery market in these regions.
MARKET PLAYERS
The reports cover key developments in the E-VTOL battery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from E-VTOL battery market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the E-VTOL battery market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the E-VTOL battery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Concorde Battery Corporation
- EaglePicher Technologies
- ENERSYS
- Kokam
- Meggitt PLC
- Mid-Continent Instruments and Avionics
- Saft Groupe S.A.
- Sichuan Changhong Battery Co., Ltd.
- Teledyne Technologies Incorporated
- Tesla
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.