Global UAV Battery Market, By UAV Type (MALE, HALE, Tactical, Small), By Battery Type (Fuel Cell, Li

Published Date: | Report Code : EQ1958487

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Increasing demand for long-lasting and efficient battery is expected to drive the growth of UAV battery market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

UAVs (Unmanned Aerial Vehicle) is used mainly for cross-border surveillance to enhance military communication, intelligence, and border security.

The most integral part of a UAV is its battery. It has stored energy which provides power during the flight.

Several parameters are used to measure the performance of the battery, such as charge rate, specific energy, cost per kilowatt-hour and cycle life. Lots of developments have been made for batteries to have higher specific energy.

Segment Analysis:

Based on the UAV type, it is segmented as MALE (Medium-Altitude Long Endurance), HALE (High-Altitude Long Endurance), tactical, and small. The MALE UAV is the most widely used type, due to its long duration flights.

On the basis of the battery type, it is divided as fuel cell, lithium-ion, lithium polymer, and nickel-cadmium. The fuel cell battery type is expected to be the highest growth among this segment due to its many advantages such as low maintenance, no lubricants, and higher flight duration.

Key Factors Impacting Market Growth:

Growing demand for unmanned aerial vehicles

Increasing demand for long-lasting and efficient battery

Regional Analysis:

Major regions for UAV battery market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for UAV battery owing to strong presence of industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be Automotive & Automobile. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing transition in terms of product development and production methods. These factors are expected to drive the demand for UAV battery market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others.

Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, Automotive & Automobile are estimated to register high demand for UAV battery market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of UAV battery market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for UAV battery market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Ballard Power Systems, Cella Energy Limited, Denchi Power Limited, Tadiran Batteries, H3 Dynamics, Ultracharge, and Hylium Industries INC...

Market Segmentation:

By UAV Type:

  • MALE

  • HALE

  • Tactical

  • Small

By Battery Type:

  • Fuel Cell

  • Lithium Ion

  • Lithium Polymer

  • Nickel Cadmium

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By UAV Type

    • By Battery Type

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By UAV Type

    • By Battery Type

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By UAV Type

    • By Battery Type

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By UAV Type

    • By Battery Type

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By UAV Type

    • By Battery Type

  • Rest of the World

    • By Region (South America, Africa)

    • By UAV Type

    • By Battery Type

Reasons to Buy This Report:

  • Market size estimation of the global UAV battery market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

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