Commercial Aircraft Battery Management System Market to grow by USD 137.4 million between 2024-2028
According to a research report “ Commercial Aircraft Battery Management System Market” by Product (Centralized, Modular, Primary and distributed) Type (Lithium-ion, Nickel-cadmium, Lead-acid) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 137.4 million at a CAGR of over 7.98% during the forecast period. The Commercial Aircraft Battery Management System (BMS) market is witnessing significant growth due to the adoption of advanced Li-ion batteries in new-generation aircraft, such as the Boeing 787 Dreamliner. These batteries, located in the forward electrical equipment bay and APU, support critical operations like refueling, power braking, and powering essential electrical equipment during power failures. Boeing 787 Dreamliner employs two identical Li-ion batteries, which facilitate APU starting and serve as backup for electronic flight systems. BMS plays a crucial role in monitoring and balancing individual battery cells, ensuring optimal performance and safety..
Browse market data tables, figures, and in-depth TOC on “Commercial Aircraft Battery Management System Market” by Product (Centralized, Modular, Primary and distributed) Type (Lithium-ion, Nickel-cadmium, Lead-acid) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.
View detailed Table of Content- Click here
By Product, the Centralized segment is projected to dominate the market size in 2024.
In the commercial aviation sector, Li-ion batteries are favored due to their enhanced power density, enabling greater energy storage capacity compared to lead-acid and Ni-Cd batteries. These batteries exhibit slower self-discharge rates and reduced maintenance needs, making them advantageous for aircraft applications. However, a sophisticated Battery Management System (BMS) is essential for Li-ion batteries, as individual cells must be restricted from overcharging, limiting their charging capacity to 80%. The longevity of Li-ion batteries is significantly influenced by their charging and discharging cycles.
By Type, Lithium-ion segment is expected to hold the largest market size for the year 2024.
In the commercial aviation sector, the Centralized Battery Management System (BMS) plays a pivotal role in optimizing the performance and longevity of aircraft battery systems. By continuously monitoring key parameters such as voltage, current, temperature, and state of charge, the BMS ensures efficient use of battery resources. It manages charge and discharge rates to prevent overuse and overcharging, while maintaining optimal battery temperature to ensure safety and enhance overall system capacity.
North America is forecasted to hold the largest market size by region in 2024.
The North American commercial aircraft battery management system market is experiencing significant growth, driven by the region's robust aviation industry in the US, Canada, and Mexico. The surge in global demand for new aircraft procurement has resulted in increased investments in aerospace component and equipment manufacturing, thereby fueling market expansion. Manufacturers are responding by advancing production technologies to help OEMs mitigate battery failure concerns, ensuring continued market growth throughout the forecast period.
The Commercial Aircraft Battery Management System Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
.
For insights on company offerings- Request a sample report!
Research Analysis Overview
In the dynamic realm of commercial aviation, the efficient management of fuel, avionics systems, and power distribution is paramount. Functional modules, such as Modular Battery Management Systems (BMS), play a crucial role in this endeavor. These electronic systems facilitate the charging and discharging processes in a computer-controlled, centralized type segment. BMS caters to various battery types, including Lead-Acid, Nickel-Cadmium, and Lithium-Ion, ensuring optimal performance. Data analytics technologies and Internet of Things (IoT) integration are revolutionizing BMS in commercial flights. OEMs and aftermarket players are harnessing these advancements to enhance aircraft manufacturers' capabilities. Current, temperature, and voltage are critical parameters monitored by these systems to maintain optimal battery performance during commercial flights. In summary, the Commercial Aircraft Battery Management System Market is a burgeoning sector driven by the need for advanced, computer-controlled systems to manage fuel, avionics, power distribution, and batteries in a safe, efficient, and cost-effective manner.
Market Research Overview
In the dynamic and evolving aviation industry, the Commercial Aircraft Battery Management System (BMS) market plays a crucial role in ensuring the safe and efficient operation of various aircraft types, including wide-body and narrow-body, fixed-wing and rotary-wing. These systems are integral to fuel management and avionics systems management, power distribution, and functional modules. Modular BMS, an essential electronic system, facilitates charging and discharging processes in rechargeable batteries, such as Lead-Acid, Nickel-Cadmium, and Lithium-Ion. The market for Commercial Aircraft BMS is witnessing significant growth due to international decarbonization efforts and the adoption of fast-charging batteries. Data analytics technologies, including the Internet of Things, are revolutionizing condition-based monitoring, enhancing safety and optimizing performance. The market caters to both OEM and aftermarket segments, with aircraft manufacturers integrating these systems into commercial flights and aircraft models. Propulsion systems, such as hybrid-electric and electric aircraft, further expand the market's scope. Centralized and distributed segmentation characterizes the market, with centralized systems offering a safe operating area for battery packs and distributed systems ensuring optimal power distribution.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
