Global UAV Battery Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
A battery is an integral part of Unmanned Aerial Vehicles (UAV) that consists of stored energy used to provide power during flight. The evolution of battery bus architecture in UAVs has simultaneously evolved their propulsion system. The increased need for improved endurance and longer flight duration have led to increasing demand for the development of UAV battery. The emergence of fuel cell powered drones will boost the market. The increased focus on battery with high specific energy will enable the manufacturers to offer new growth opportunities for the market players. However, there are some shortcomings such as high discharge rate, high cost, low endurance which will restrain the growth of this market.
The market for UAV Battery market is estimated to witness a CAGR of 16% during the forecast period.
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On the basis of region, the global market is segmented into North America, Asia Pacific, Europe, the Middle East, and South America. In the North American region, many companies have started investing in drones to utilize them in various applications, such as agriculture and military. Asia Pacific is witnessing high demand for UAV battery. Extensive use of civilian UAVs and increased defense spending by various countries in the region, such as Japan, South Korea, Malaysia, Singapore, and Indonesia have bolstered the demand for UAV battery. Furthermore, in year 2017, Ballard Power Systems signed a contract with Insitu, a Boeing subsidiary, to develop a next-generation high-performance fuel cell propulsion system to power unmanned aerial vehicles. In the year 2015, Cella Energy signed a contract with Israel Aerospace Industries (IAI) to develop and evaluate a fuel cell power system for IAI’s BirdEye Mini UAV.
The scope of the Report
This study provides an overview of the Global UAV Battery Market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global UAV battery market by its UAV type, battery type, and region.
By UAV Type
- MALE
- HALE
- Tactical
- Small
By Battery Type
- Fuel Cell
- Lithium-ion
- Nickel Cadmium
- Lithium Polymer
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Key Players
The key players in global UAV battery market are Ballard Power Systems (Canada), Cella Energy Limited (U.K), Denchi Power Limited (U.K), Sion Power Corporation (U.S.), Tadiran Batteries (U.S.), OXIS Energy (U.K), H3 Dynamics (Singapore), Ultracharge (Australia), MicroMultiCopter Aero Technology Co. Ltd. (China), Hylium Industries INC (South Korea).
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List of Tables
Table 1 Global Uav Battery Market: by Region, 2018-2023
Table 2 North America Uav Battery Market: by Country, 2018-2023
Table 3 Europe Uav Battery Market: by Country, 2018-2023
Table 4 Asia Pacific Uav Battery Market: by Country, 2018-2023
Table 5 Middle East & Africa Uav Battery Market: by Country, 2018-2023
Table 6 South America Uav Battery Market: by Country, 2018-2023
Table 7 Global Uav Battery Market, by Uav Type, 2018-2023
Table 8 North America Uav Battery Market, by Uav Type, 2018-2023
Table 9 Europe Uav Battery Market, by Uav Type, 2018-2023
Table 10 Asia Pacific Uav Battery Market by Uav Type, 2018-2023
Continued……….
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 6 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Uav Battery Market Share, by Uav Type, 2018 (%)
Figure 9 Global Uav Battery Market, by Uav Type, 2018-2023 (Usd Million)
Figure 10 Global Uav Battery Market Share, by Battery Type, 2018 (%)
Continued……..
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