UAV Battery Market size is expected to reach nearly US$ 5.26 Bn. by 2029 with the CAGR of 14.7% during the forecast period.UAV Battery Market Introduction:
UAVs are frequently employed to increase cross-border surveillance, military intelligence, and border security. Over the projection period, demand for batteries for UAVs is expected to grow steadily. With a clear framework on security concerns, the Indian government allowed the manufacture of drones within the country. With nations like India leading the way in allowing drone manufacturing and increasing demand for drones across a wide range of sectors and applications, the UAV battery market is likely to rise significantly.To know about the Research Methodology :- Request Free Sample Report
UAV Battery Market Dynamics:
The global market for UAV batteries is expected to grow as the number of UAVs produced across various countries rises. The market for unmanned aerial vehicles has grown in recent years in countries such as the United States, China, India, and others. For instance, in 2022, the Federal Aviation Administration (FAA) reported that there were 1.3 million registered drones and thousands of unregistered drones in the United States. By 2022, the FAA estimates that 2.4 million drones will have been registered. Due to an increase in enemy trespassing and border security, several governments and companies are focusing on purchasing UAVs. Because of its high energy density and charge and discharge rate capacity, lithium polymer (Li-Po) or lithium-ion (Li-ion) batteries are currently used in most UAVs. However, the growing demand for increased endurance and flight range in UAVs has prompted numerous UAV manufacturers to choose solar technology as their primary power source. Manufacturers of UAVs are increasingly focusing on the development of solar-powered UAV drones, which would help the market growth over the forecast period. Similar to satellites, such drones provide a sustainable way to deliver goods and services to remote locations rapidly and effectively. Fuel cell technology could be a superior choice for improving UAV performance. In general, lengthy trips with low average power demands prefer fuel cells over traditional batteries. Ballard Power Systems, meantime, has secured a deal with Insitu, a Boeing subsidiary, to create a next-generation high-performance fuel cell propulsion system for unmanned aerial vehicles. Furthermore, government authorities such as the Federal Aviation Administration (FAA) and the Federal Air Transport Agency (FATA) are developing policies to increase battery performance efficacy. Tesla is also focusing on improving battery technologies to boost flight lifespan and efficiency. The drone flight time used to be less than 30 minutes, however constant advancements in drone architecture have increased flight length to one hour. The practical application of unmanned aerial vehicles is becoming more diverse as disruptive technology advances. The rising demand for drones with improved endurance and longer flight duration is expected to provide new growth prospects for market players.UAV Battery Market Segment Analysis:
During the forecast period, the Medium Altitude Long Endurance (MALE) segment is likely to boost the market growth. MALE stands for medium altitude long endurance unmanned aerial vehicles, which have a range of 25,000-50,000 feet and can fly for up to 24 hours. Due to the extensive use of drones in the military sector for intelligence, surveillance, and reconnaissance (ISR) objectives, this segment had the biggest market share among all other UAV categories in 2022. Several countries, including the United States, China, India, and others, have boosted their desire for unmanned aerial vehicles in recent decades. In 2022, the Federal Aviation Administration (FAA) reported that there were 1.3 million registered drones and thousands of unregistered drones in the United States. By 2022, the FAA estimates that 2.4 million drones will have been registered. Due to an increase in enemy trespassing and border security, some governments and companies are focusing on purchasing UAVs. PT Dirgantara Indonesia, for example, launched Pesawat Udara Nir Awak jenis Medium Altitude Long Endurance UAV (PUNA MALE) in January 2022, which was specifically built to satisfy the needs of the Indonesian Air Force. The UAV has a 420-litre fuel tank and a maximum takeoff weight of 1300 kg, with a payload of 300 kg. In China, unmanned aerial vehicles (UAVs) can carry 16 litres of disinfection and cover 100,000 square meters in an hour. These UAVs are simple to operate, inexpensive, and limit the chance of COVID-19 spreading among medical personnel. As a result, many countries are using disinfecting UAVs to stop COVID-19 from spreading.
UAV Battery Market Regional Insights:
In 2022, the United States held 95.6 % of the North American UAV battery market, and this dominance is expected to continue throughout the forecast period. This is due to the region's growing production and deployment of unmanned aerial vehicles (UAVs) for various military uses like as ISR, tactical warfare, and weather analysis. For example, the Defense Innovation Unit of the United States Department of Defense tested and authorized nearly five drones for military and government purposes in August 2022. The United States is a leading maker of military drones and supplies them to a number of countries across the world. During the forecast period, APAC is expected to be the fastest-growing region in the UAV battery market, increasing at a CAGR of over 16 per cent by 2022. Because the majority of APAC nations do not have a high level of limitation for unmanned flying over civil airspace, the increased demand from APAC has resulted in remarkable growth and development of commercial UAVs. During the forecast period, factors such as the widespread usage of civilian UAVs and higher defense spending are expected to propel the market forward. Japan, South Korea, Malaysia, Singapore, Taiwan, Thailand, India, Pakistan, and Indonesia are some of the important revenue-generating markets in this area.UAV Battery Market Report Scope: Inquire before buying
UAV Battery Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 2.01 Bn. Forecast Period 2023 to 2029 CAGR: 14.7% Market Size in 2029: US $ 5.26 Bn. Segments Covered: by UAV Type • MALE UAV • HALE UAV • Tactical UAV • Mini-UAV • Micro-UAV by Battery Type • Fuel Cell • Lithium-ion • Nickel Cadmium • Lithium Polymer UAV Battery Market, by Region:
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)UAV Battery Market Key Players are:
• Ballard Power Systems. • Denchi Group Ltd • EaglePicher Technologies • H3 Dynamics Holdings Pte. Ltd • Kokam • OXIS Energy Ltd. • Sion Power Corporation • Tadiran Batteries • AMIT industries L.T.D • Amprius Technologies • Cella Energy • Ultracharge • MicroMultiCopter Aero Technology Co. Ltd • Hylium Industries INC Frequently Asked Questions: 1. Which region has the largest share in Global UAV Battery Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global UAV Battery Market? Ans: The Global UAV Battery Market is growing at a CAGR of 14.7% during forecasting period 2023-2029. 3. What is scope of the Global UAV Battery Market report? Ans: Global UAV Battery Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global UAV Battery Market? Ans: The important key players in the Global UAV Battery Market are – Ballard Power Systems., Denchi Group Ltd, EaglePicher Technologies, H3 Dynamics Holdings Pte. Ltd, Kokam, OXIS Energy Ltd., Sion Power Corporation, Tadiran Batteries, AMIT industries L.T.D, Amprius Technologies, Cella Energy, Ultracharge, MicroMultiCopter Aero Technology Co. Ltd, Hylium Industries INC. 5. What is the study period of this Market? Ans: The Global UAV Battery Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global UAV Battery Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the UAV Battery Market 3.4. Geographical Snapshot of the UAV Battery Market, By Manufacturer share 4. Global UAV Battery Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global UAV Battery Market 5. Supply Side and Demand Side Indicators 6. Global UAV Battery Market Analysis and Forecast, 2022-2029 6.1. Global UAV Battery Market Size & Y-o-Y Growth Analysis. 7. Global UAV Battery Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 7.1.1. MALE UAV 7.1.2. HALE UAV 7.1.3. Tactical UAV 7.1.4. Mini-UAV 7.1.5. Micro-UAV 7.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 7.2.1. Fuel Cell 7.2.2. Lithium-ion 7.2.3. Nickel Cadmium 7.2.4. Lithium Polymer 8. Global UAV Battery Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America UAV Battery Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 9.1.1. MALE UAV 9.1.2. HALE UAV 9.1.3. Tactical UAV 9.1.4. Mini-UAV 9.1.5. Micro-UAV 9.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 9.2.1. Fuel Cell 9.2.2. Lithium-ion 9.2.3. Nickel Cadmium 9.2.4. Lithium Polymer 10. North America UAV Battery Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. UAV Battery Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 12. Canada UAV Battery Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 13. Mexico UAV Battery Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 14. Europe UAV Battery Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 15. Europe UAV Battery Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. UAV Battery Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 17. France UAV Battery Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 18. Germany UAV Battery Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 19. Italy UAV Battery Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 20. Spain UAV Battery Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 21. Sweden UAV Battery Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 22. CIS Countries UAV Battery Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 23. Rest of Europe UAV Battery Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 24. Asia Pacific UAV Battery Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 25. Asia Pacific UAV Battery Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China UAV Battery Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 27. India UAV Battery Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 28. Japan UAV Battery Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 29. South Korea UAV Battery Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 30. Australia UAV Battery Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 31. ASEAN UAV Battery Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 32. Rest of Asia Pacific UAV Battery Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 33. Middle East Africa UAV Battery Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 34. Middle East Africa UAV Battery Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa UAV Battery Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 36. GCC Countries UAV Battery Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 37. Egypt UAV Battery Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 38. Nigeria UAV Battery Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 39. Rest of ME&A UAV Battery Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 40. South America UAV Battery Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 41. South America UAV Battery Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil UAV Battery Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 43. Argentina UAV Battery Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 44. Rest of South America UAV Battery Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By UAV Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Battery Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global UAV Battery Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Ballard Power Systems 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Denchi Group Ltd 45.3.3. EaglePicher Technologies 45.3.4. H3 Dynamics Holdings Pte. Ltd 45.3.5. Kokam 45.3.6. OXIS Energy Ltd. 45.3.7. Sion Power Corporation 45.3.8. Tadiran Batteries 45.3.9. AMIT industries L.T.D 45.3.10. Amprius Technologies 45.3.11. Cella Energy 45.3.12. Ultracharge 45.3.13. MicroMultiCopter Aero Technology Co. Ltd 45.3.14. Hylium Industries INC 45.3.15. Other Key Players