UAV Battery Market, By Type (Medium Altitude Long Endurance, High Altitude Long Endurance, Tactical UAVs, and Small UAVs), By Battery Type (Fuel Cell, Lithium-Ion, Lithium Polymer, and Nickel Cadmium), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029.

Report Code: PMI434420 | Publish Date: July 2023 | No. of Pages: 168

Global UAV Battery Market Overview

Unmanned Aerial Vehicle (UAV) batteries are manufactured to support and power the UAV structure for a particular period of time which can be prolonged with the help of various batteries in UAVs. Growth in production of UAVs for deployment in the military across various regions is boosting the UAV battery market growth.

Global UAV Battery Market Dynamics

Rising production of UAVS for deployment in the militaries across the globe

Growing UAV production across the world is forecasting to demand high for different types of batteries. In the UAV market, the U.S. estimated for the highest share of 41.9% by value, and 37.8% by volume in 2017. Additionally, Asia Pacific estimated for the second highest market for UAV batteries and second biggest share in the UAV market in 2017, followed by Europe and the rest of the world. Hence, growing production of UAVs across various regions is projected boost the growth of the global UAV battery market.

Growth in defense expenditure by governments

Rising military expenditure by governments worldwide is gaining a lucrative opportunities for market players in the global UAV battery market. Growing adoption of UAVs for supporting military and defense capabilities, is a major factor that is projected to boost the growth of the market. North America and Asia Pacific has high adoption rate of UAVs owing to high military expenditure in these regions. Further, the defense budget declared by the government of India in 2017 was US$ 52.5 billion, which greater from US$ 51.1 billion in 2016. Rising budget for military and defense purposes has directed to a high expenditure on UAVs and other related technologies, which is anticipated to propel growth of the market.

Global UAV Battery Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global UAV battery market is segmented based on type, battery type, and region.

On the basis of type, the global UAV battery market is segmented into medium altitude long endurance, high altitude long endurance, tactical UAVs, and small UAVs. On the basis of battery type, the target market is classified into fuel cell, lithium-ion, lithium polymer, and nickel cadmium.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global UAV battery market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the most leading region in the global UAV battery market and it is projected to register high growth in the near future. This is attributed due to expanding use of UAVs/drones for military and commercial applications. Additionally, growing production and deployment of UAVs for different military applications such as surveillance, intelligence, and reconnaissance (ISR), weather analysis, and tactical warfare in the region is also boosting growth for the target market. Furthermore, China is one of the dominating countries in terms of market share in the Asia Pacific UAV battery market, and estimated for 60% of the market share in the Asia Pacific UAV battery market. Russia is anticipated to be the fastest growing market for UAV batteries in Europe due to growing adoption and development of advanced UAV technologies such as shotgun firing drones, which is rising the demand for UAV batteries in the region.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Type - Medium Altitude Long Endurance, High Altitude Long Endurance, Tactical UAVs, and Small UAVs

By Battery Type- Fuel Cell, Lithium-Ion, Lithium Polymer, and Nickel Cadmium

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global UAV battery market report based on type, battery type, and region.

Global UAV Battery Market, By Type:

  • Medium Altitude Long Endurance
  • High Altitude Long Endurance
  • Tactical UAVs
  • Small UAVs

 Global UAV Battery Market, By Battery Type:

  • Fuel Cell
  • Lithium-Ion
  • Lithium Polymer
  • Nickel Cadmium

 Global UAV Battery Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global UAV Battery Market Key Players

The key players operating the global UAV battery market includes Ballard Power Systems, Cella Energy Limited, EaglePicher Technologies, Denchi Power Ltd., H3 Dynamics, Sion Power Corporation, OXIS Energy Ltd., Kokam, and Tadiran Batteries GmbH. Prominent companies are involved in merges and acquisitions in order to expand its market presence. For instance, in July 2018, Ballard Power Systems declared its acquisition of some strategic assets of Automotive Fuel Cell Cooperation Corporation (AFSS), a private company owned by Ford Motor Company and Daimler AG.

Global UAV Battery Market Company Profile

  • Ballard Power Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • Cella Energy Limited
  • EaglePicher Technologies
  • Denchi Power Ltd.
  • H3 Dynamics
  • Sion Power Corporation
  • OXIS Energy Ltd.
  • Kokam
  • Tadiran Batteries GmbH

 “*” marked represents similar segmentation in other categories in the respective section

Global UAV Battery Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for UAV Battery Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Battery Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global UAV Battery Market, By Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Medium Altitude Long Endurance
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • High Altitude Long Endurance
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Tactical UAVs
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Small UAVs
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global UAV Battery Market, By Battery Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Fuel Cell
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Lithium-Ion
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Lithium Polymer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Nickel Cadmium
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global UAV Battery Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Battery Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Battery Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Battery Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Battery Type, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Battery Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Ballard Power Systems
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Cella Energy Limited
      • EaglePicher Technologies
      • Denchi Power Ltd.
      • H3 Dynamics
      • Sion Power Corporation
      • OXIS Energy Ltd.
      • Kokam
      • Tadiran Batteries GmbH
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The UAV Battery Market is segmented into type, battery type, and region.

Market growth is propelled by the increasing use of unmanned aerial vehicles (UAVs) in various applications, advancements in battery technology, and the rising demand for longer flight durations and enhanced performance in UAV operations.

Challenges include potential issues related to limited energy density, safety concerns associated with lithium-ion batteries, and regulatory constraints on UAV operations, influencing the global UAV Battery Market.

On region the global UAV battery market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the most leading region in the global UAV battery market and it is projected to register high growth in the near future.

The key players operating the target market includes, Ballard Power Systems, Cella Energy Limited, EaglePicher Technologies, Denchi Power Ltd., H3 Dynamics, Sion Power Corporation, OXIS Energy Ltd., Kokam, and Tadiran Batteries GmbH.