Fuel Cell UAV Market By Product Type (Hydrogen Fuel Cell, Solid Oxide Fuel Cell, Proton Exchange Membrane Fuel Cell), By End-Use (Passenger UAV, Cargo UAV, Others), By Type (Fixed Wing, Rotary Wing, Hybrid), By Weight (Less Than 50 Kg, More Than 50 Kg), By Application (Military & Defence, Civil & Commercial, Logistics & Transportation, Construction & Mining, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
An unmanned aerial vehicle is one of the advanced systems in the aviation industry, which has gradually gained significant popularity in the military, commercial, and civil applications. Fuel cell unmanned aerial vehicles are the UAVs backed by fuel cell power modules. Moreover, these fuel cell unmanned vehicles possess a higher energy-to-mass ratio than the traditional battery systems. These power modules can provide over three times more flight endurance to the commercial unmanned aerial vehicles. This further allows the maximization of productivity, while minimizing downtime and achieve more in a single drone flight. Recently, hydrogen fuel-cells have emerged as a viable alternative fuel to replace Li-ion batteries in mid to large size drones, and their efficiency in terms of weight/power ratios are increasing rapidly. They offer compelling value for UAVs due to improved reliability over small internal combustion engines, enhancing safe and low maintenance operation.
Government regulations and rules has been imposed by several regulators to control the operations of the unmanned aerial vehicle (UAV) across the globe. Agreements and contracts with law enforcement and military agencies, partnership, product development and product launch activities are the key strategies adopted by the market players. For instance, in December 2021, H3 Dynamics launched its hydrogen drone equipped with H3 Dynamics’ AEROSTAK hydrogen fuel cell system, developed by Drone Works and with integration support by Nexty Electronics Co. Ltd., in Japan. The new generation hydrogen drone is equipped with a small composite container for high-pressure hydrogen developed by JFE Container Co. Ltd. & H3 Dynamics.
The factors such as upsurge in military spending, growth in the demand for improved surveillance, and supportive growth through regulatory compliance are expected to drive the growth of the fuel cell unmanned aerial vehicle (UAV) market. However, increase in security issues & cyber threat and high cost of fuel cells for UAV solutions restrain the growth of the fuel cell UAV market. On the contrary, technological advancements in military applications and increasing public-private partnerships are projected to offer lucrative growth opportunities for the market players
For the purpose of analysis, the global fuel cell UAV market is segmented on the basis of product type, end-use, type, weight, and application. Based on the product type, the market is segregated into hydrogen fuel cell, solid oxide fuel cell, and proton exchange membrane fuel cell. Based on the end-use, the market is categorized into passenger UAV, cargo UAV, and others. Based on type, the market is divided into fixed wing, rotary wing, and hybrid. Based on the weight, the market is further classified into less than 50kg and more than 50kg. Based on the application, the market is fragmented into military & defense, civil & commercial, logistics & transportation, construction & mining, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
The leading players operating in the AeroVironment Inc., Ballard Power Systems, Boeing, Elbit Systems Ltd., EnergyOR, General Atomics, H3 Dynamics, Horizon Fuel Cell Technologies, Intelligent Energy Limited, Israel Aerospace Industries (IAI), ISS Aerospace, Jadoo Power Systems, Inc., MMC-UAV, Northrop Grumman Corporation, Textron Inc., Ultra, and ZeroAvia, Inc.
Key Benefits For Stakeholders
This study presents analytical depiction of the global fuel cell UAV market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall fuel cell UAV market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global fuel cell UAV market with a detailed impact analysis.
The current fuel cell UAV market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Product Type
Hydrogen Fuel Cell
Solid Oxide Fuel Cell
Proton Exchange Membrane Fuel Cell
By End-Use
Passenger UAV
Cargo UAV
Others
By Type
Hybrid
Fixed Wing
Rotary Wing
By Weight
Less Than 50 Kg
More Than 50 Kg
By Application
Military Defence
Civil Commercial
Logistics Transportation
Construction Mining
Others
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Northrop Grumman
Plug Power Inc.
Protonex
Textron Inc.
ZeroAvia (Key Innovator)
H3 dynamics (Key Innovator)
AeroVironment Inc.
Barnard Microsystems Ltd.
Boeing
Elbit Systems Ltd.
EnergyOR Technologies
General Atomics
Horizon Fuel Cell Technologies
Israel Aerospace Industries Ltd.
ISS Aerospace
Jadoo Power System
MicroMultiCopter Aero Technology
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