2019-23 global aviation battery market will grow by nearly $150 million
Currently, aircraft manufacturers, including Boeing and Airbus, are working to develop battery powered electric aircraft with low noise and emissions. However, traditional batteries do not have the energy density needed to fly an aircraft. This encourages companies to develop battery technologies that can deploy electric aircraft. Because electric aircraft need more batteries than traditional aircraft, the successful deployment of electric aircraft will lead to an increase in the demand for aviation batteries. The emergence of electric aircraft will also promote the demand for aviation batteries, thus promoting the growth of the market in the next five years.
Key words: Golden Century Shijiazhuang cable