SPACE BATTERY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Space Battery Market, By Type (Rechargeable and Non-rechargeable), By Application (Propulsion Systems, Communication & Navigation Systems, Fire Control Systems, Electro Optics & Thermal Imaging Systems, and Others), By Platform (Aviation, Land, Marine, Space, and Munitions), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In: 29 Sep, 2025
Code: CMI8680
Pages: 140
Formats: Excel and PDF
Industry: Aerospace and Defense
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

The global space battery market is estimated to be valued at USD 4.35 Bn in 2025 and is expected to reach USD 7.12 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032. The global space battery market represents a critical component of the rapidly expanding space industry, encompassing power storage solutions designed to operate in the harsh environment of space. These specialized batteries serve as the primary energy source for satellites, spacecraft, space stations, and various space exploration missions, providing reliable power during eclipse periods and operational phases when solar panels cannot generate electricity.

Market Dynamics

The global space battery market is propelled by several key drivers, with the exponential growth of satellite constellations and commercial space ventures serving as primary catalysts. The increasing deployment of small satellites for earth observation, telecommunications, and scientific research has created substantial demand for compact, high-performance battery systems. Government investments in space exploration programs, including lunar missions, Mars exploration, and deep space probes, continue to drive technological advancement and market expansion. The emergence of space tourism and commercial space stations further amplifies the need for reliable power storage solutions.

Key Features of the Study

This report provides in-depth analysis of the global space battery market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global space battery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Arotech Corporation, EaglePicher Technologies, Bren-Tronics Inc., Saft Groupe, Automotive Energy Supply Corporation (AESC), BYD Company Ltd., CBAK Energy Technology Inc., Thales Group, L3Harris Technologies, Renesas Electronics Corporation, Sierra Nevada Corporation, SpaceX, and Maxar Technologies
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global space battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global space battery market

Market Segmentation

Type Insights (Revenue, USD Bn, 2020 - 2032)
- Rechargeable
- Non-rechargeable
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Propulsion Systems
- Communication & Navigation Systems
- Fire Control Systems
- Electro Optics & Thermal Imaging Systems
- Others
Platform Insights (Revenue, USD Bn, 2020 - 2032)
- Aviation
- Land
- Marine
- Space
- Munitions
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Arotech Corporation
- EaglePicher Technologies
- Bren-Tronics Inc.
- Saft Groupe
- Automotive Energy Supply Corporation (AESC)
- BYD Company Ltd.
- CBAK Energy Technology Inc.
- Thales Group
- L3Harris Technologies
- Renesas Electronics Corporation
- Sierra Nevada Corporation
- SpaceX
- Maxar Technologies

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Space Battery Market, By Type
  - Global Space Battery Market, By Application
  - Global Space Battery Market, By Platform
  - Global Space Battery Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
Global Space Battery Market, By Type, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Rechargeable
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Non-rechargeable
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Space Battery Market, By Application, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Propulsion Systems
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Communication & Navigation Systems
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Fire Control Systems
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Electro Optics & Thermal Imaging Systems
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Space Battery Market, By Platform, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Aviation
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Land
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Marine
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Space
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Munitions
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Space Battery Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
  - Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
  - Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Platform, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Arotech Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- EaglePicher Technologies
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Bren-Tronics Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Saft Groupe
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Automotive Energy Supply Corporation (AESC)
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- BYD Company Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- CBAK Energy Technology Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Thales Group
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- L3Harris Technologies
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Renesas Electronics Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Sierra Nevada Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- SpaceX
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Maxar Technologies
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About Us

*Browse 32 market data tables and 28 figures on ‘Space Battery Market' - Global forecast to 2032

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