What Happened
Growth Driven By Electric Aviation And Aftermarket Replacement
The global aircraft battery market is expected to experience steady growth over the next decade, driven by increasing demand for electric and hybrid-electric aircraft, as well as aftermarket replacement. According to a report by IndexBox, the market will grow at a CAGR of 3.6% from 2026 to 2035, with the market index reaching 142 by 2035. The report highlights the growing importance of lithium-based batteries in new aircraft programs and retrofit applications, as well as the need for advanced battery technologies to support the development of electric and hybrid-electric aircraft. This was reported by IndexBox.