Commercial Aircraft Battery Management System Market Growth in Aerospace & Defense Industry | Emerging Trends, Company Risk, and Key Executives | Technavio
News provided by
Share this article
Share this article
NEW YORK, July 22, 2021 /PRNewswire/ The commercial aircraft battery management system market is expected to grow by USD 99.69 million, progressing at a CAGR of over 7% during the forecast period.
Attractive Opportunities in the Commercial Aircraft Battery Management System Market - Forecast 2021-2025
The inclination toward the development of MEA and hybrid aircraft is one of the major factors propelling the market growth. However, the lack of proper BMS standards will hamper market growth.