Learn about the global drone battery market through The Business Research Company, which provides information on drone battery market size, drone battery market drivers and restraints, drone battery market players, the COVID-19 impact on the drone battery market, and more.

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%.

The increasing adoption of drones for commercial and defense applications is expected to propel the growth of the drone batteries market going forward.

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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.

Global Drone Battery Market Segments Include:
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: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the drone battery market in 2021.

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 Drone Battery Market Report Covers:

Major Market Players: 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.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Drone Battery Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides drone battery market overviews, analyzes and forecasts market size, share, drone battery market players, drone battery market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s drone battery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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