In 2013, the North American battery market was dominated by Enersys, Saft Groupe SA, Eagle Picher Corporation, and Gill Electric Company. EnerSys is the market leader in the North American commercial aircraft battery market, having accounted for a market share of 52% of the North American market in 2013. It has been manufacturing aircraft batteries for over 100 years, catering to the varied energy requirements to different aircraft systems. The company has strong presence in the aerospace, rail, defence, industrial vehicles, standby power, forklifts, and material handling equipment sectors. The company provides brands of batteries, such as ABSL, CYCLON, DataSafe EAS, Genesis, Hawker, NextSys, ODYSSEY, and PowerBloc.
Besides Enersys, Eagle Picher Corporation is another major player in the industry. It is mainly into manufacturing of cells, batteries, and complete power solutions. It is a privately-held company, and provides customised power solutions. The company is into the manufacturing of battery chargers, analysers, and energetic devices, which are applicable in various defence programs. SAFT Groupe SA, who is yet another major player in the North American market, is a France-based company, and operates through two main divisions, namely Industrial Battery Group and Speciality Battery Group. The company operates through various subsidiaries present in Europe, North America, Asia, the Middle East, Africa, and South America.
The key challenges faced by the market are high maintenance, environmental hazards, and fire breakout. All the major key players are engaged in technological innovation, introduction of new and advance products, heavy investment in the research & development, and these constitute the major strategies prevalent in the North American commercial aircraft batteries market. Innovation and technological advancements aid companies in entering into new segments as well as untapped geographies.
Source: ASDReports - Market Research
Date: May 20, 2015