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North American Commercial Batteries and Accessories Market is Expected to Reach $39.1 Million by 2019 http://www.prweb.com/releases/aircraft-batteries/market/prweb12529347.htm MicroMarket Monitor Forecasts
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The North American commercial batteries and accessories market is estimated to reach a value of $39.1 million by 2019, at a CAGR of 7.3% from 2014 to 2019. Increasing costs of aviation fuel is expected to drive the growth of the North America Commercial Batteries and Accessories market.
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The aircraft batteries are essential components, majorly used in engines and auxiliary power units (APUs) for a variety of functions, such as acting as a buffer in regulating DC network voltage, and ensuring the right power flow for the equipment connected to it for smooth functionality.
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Browse through the TOC of North American commercial batteries and accessories market for an analysis of industry trends, segments & forecasts. http://www.micromarketmonitor.com/market/north-america- commercial-aircraft-batteries-and-accessories-4792188744.html
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The aircraft batteries and accessories are majorly used to start engines and auxiliary power units (APUs) for a variety of functions, such as acting as a buffer in regulating DC network voltage, and ensuring acceptable power quality for the equipment connected to it. In case of in-flight general electrical failure, the aircraft depends on batteries to power the essential loads until landing and evacuation. The commercial aircraft batteries and accessories market is expected to grow at a CAGR of more than 6% from 2014 to 2019.
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The global aircraft batteries and accessories market will be driven mainly due to the increasing cost of aviation fuel, which is forcing manufacturers to opt for more fuel efficient aircraft. Along with fuel efficient aircraft, manufacturers are also looking at More Electric Aircraft (MEA) concepts. With most of the primary functions of the aircraft being powered by the electrical system, manufacturers want to invest in new technologies that are highly reliable, less hazardous, and offer reduced maintenance India. http://www.micromarketmonitor.com/market-report/commercial- aircraft-batteries-and-accessories-reports-7905816973.html
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The commercial aviation aircraft lighting market is one of the major markets generating a lot of revenue for manufacturers. Currently, the Asia-Pacific market is valued at $351.82 million, and is expected to grow to $508.92 million by 2019, at a CAGR of 7.66% from 2014 to 2019.
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The report is segmented on the basis of aircraft type and product class. The aircraft type market segmentation includes narrow body aircraft, wide body aircraft, very large aircraft, and regional transportation aircraft; whereas the product class covers reading lights, ceiling lights, signage lights, exterior lights, floor lights, and lavatory lights. http://www.micromarketmonitor.com/market/apac-commercial- aviation-aircraft-lighting-3889193760.html
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About MicroMarket Monitor http://www.prweb.com/releases/aircraft-batteries/market/prweb12529347.htm
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Contact Us http://www.prweb.com/releases/aircraft-batteries/market/prweb12529347.htm
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