Aerospace and Defense Battery Market Size is valued at USD 9.72 Bn in 2024 and is predicted to reach USD 21.17 Bn by the year 2034 at a 8.2% CAGR during the forecast period of 2025-2034.
Batteries are a source of power for a wide array of applications in the aerospace and defence industries. Some examples of these applications include aeroplanes, spacecraft, missiles, unmanned aerial vehicles (UAVs), military vehicles, communication systems, and a wide variety of electronic gadgets. Given the demanding and frequently mission-critical nature of aerospace and defence applications, these batteries must meet strict standards for energy density, dependability, safety, and performance. The rise of the aircraft battery market can be attributed to different causes, including the need to implement more electrical solutions to ensure the long-term performance of aviation systems and aircraft safety. The demand for helicopters and business jets to deliver medical supplies, freight, VIPs, and charter flights has significantly increased.
However, the COVID-19 epidemic has significantly impacted the aerospace and defence sectors of the economy, as well as the market for batteries utilized in these sectors. The pandemic brought forth a number of difficulties and disruptions that had an impact on demand, supply chains, manufacturing, and research and development initiatives.
The Aerospace and Defense Battery Market is segmented on the basis of application, battery type, and sales. Based on application, the market consists of space (Satellite, Launch Vehicle, Deep Space), aircraft (Military, Civil & Commercial), UAV (Military, Civil & Commercial), and defence (Ground Based, Marine Based. The battery type segment includes Lithium-Based Battery (Lithium Polymer Battery, Lithium-Ion Battery), Nickel-Based Battery (Nickel-Cadmium (NiCd) Battery, Nickel-Metal Hydride Battery), Thermal Battery, and others. By sales, the market is segmented into OEM Aftermarket.
The UAV category is expected to hold a major share of the global Aerospace and Defense Battery Market in 2024. Unmanned aerial vehicles (UAVs) have become essential components of modern military operations, surveillance, and civilian applications. The increasing need for longer endurance and higher cargo capacity is one of the most significant developments affecting this industry. This involves the development of new battery technologies capable of supporting complex payloads such as high-resolution cameras and sensors and offering prolonged flight durations.
The Lithium-Ion Battery category is projected to grow at a rapid rate in the global Aerospace and Defense Battery Market. Lithium-ion (or Li-ion) batteries are smaller, require less maintenance, and are safer for the environment than nickel-cadmium (also known as NiCad, NiCd, or Ni-Cd) batteries. As a result, the use of lithium-ion batteries is expected to grow at the fastest rate when compared to other types during the projected period.
The North America Aerospace and Defense Battery Market is expected to record the maximum market revenue share in the near future. The existence of a greater number of established defence and aerospace firms, as well as high-capacity battery producers, is propelling the regional market. A convergence of variables influences the regional market, including defence investments, electrification efforts, sustainability concerns, and collaborative research activities. These trends are projected to continue altering the market landscape, making it an important region for industry players and investors. Moreover, Asia Pacific is expected to increase at a significant rate over the forecast period. Many Asian Pacific countries have increased their defence budgets, modernising military equipment such as advanced aircraft, naval vessels, and ground-based systems. As a result, high-performance batteries are in high demand.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 9.72 Bn |
| Revenue Forecast In 2034 | USD 21.17 Bn |
| Growth Rate CAGR | CAGR of 8.2% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Bn, Volume (Unit), and CAGR from 2024 to 2031 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Application, Battery Type, Sales |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; South Korea; South East Asia |
| Competitive Landscape | Bren-Tronics, Inc., Concorde, ECOBAT, GS Yuasa International Ltd., Lincad, Navitas System, SAFT, Sion Power Corporation, WAE Technologies Limited, Shift, DENCHI POWER, Kokam, Enersys, EXIDE Technologies, Mathew Associates, Navitas Systems, Teledyne Technologies, Cell-Con, Leclanche Sa, Sterling Planb Energy Solutions, Lifeline Batteries, BST Systems, Inc., Eaglepicher Technologies, Arotech Corporation, Ultralife Corporation, Korea Special Battery Co., Ltd., Others |
| Customization Scope | Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Aerospace and Defense Battery Market By Application-
Aerospace and Defense Battery Market By Battery Type-
Aerospace and Defense Battery Market By Sales-
Aerospace and Defense Battery Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.