Global Drone Battery Market Growth Analysis And Indications – Includes Drone Battery Market Share
The Business Research Company’s report goes into great detail on the drone battery market size and growth, drone battery market regional analysis, drone battery market competitive landscape, and other critical information needed to excel in the drone battery industry.
Major players in the drone battery market include Amperex Technology Limited, Skydio, Yuneec International, SolidEnergy Systems, Genspow GmbH, H3 Dynamics, Plug Power, Epsilor, Shenzhen Grepow Battery Co. Ltd., Eagle Picher, RRC power solutions GmbH, Proflight Zambia, Amicell-Amit Industries Limited, Uvify Inc., and GensAce.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global drone battery market size is expected to grow from $3.19 billion in 2021 to $3.95 billion in 2022 at a compound annual growth rate (CAGR) of 23.9%. The global drone batteries market size is expected to grow to $8.15 billion in 2026 at a CAGR of 19.9%.
North America was the largest region in the drone battery market in 2021.
The drone battery market consists of sales of drone batteries by entities (organizations, sole traders, and partnerships) that are used to power the drone’s onboard systems. The drone battery is referred to as the life force of a drone and allows the drone to fly high. The batteries used in drones are composed of hydrogen fuel cells, lithium-ion, lithium polymer, and nickel-metal hydride.
The increasing adoption of drones for commercial and defense applications is expected to propel the growth of the drone batteries market going forward.
Strategic partnerships have emerged as the key trend gaining popularity in the drone batteries market. Major companies operating in the drone batteries sector are focused on partnerships to meet consumer demand and strengthen their position.
TBRC’s Global Drone Battery Market Report Is Segmented:
By Component: Cell, BMS, Enclosure, Connector
By Battery: Fuel Cell, Lithium-Ion, Lithium-Polymer, Nickel Cadmium
By Drone Type: Medium Altitude Long Endurance (MALE), High Altitude Long Endurance (HALE), Tactical, Small
By Function: Special Purpose Drones, Passenger Drones, Inspection and Monitoring Drones, Surveying and Mapping Drones, Agriculture Drones, Cargo Air Vehicles, Others
By End-User: Commercial, Military, Government and Law Enforcement, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Drone Battery Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the drone battery market globally and regionally, analyzes and forecasts market size, share, drone battery market players, drone battery market segments, leading competitor revenues, profiles and market shares.
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