UAV Battery Market Report, By UAV Type (Medium Altitude Long Endurance (MALE), High Altitude Long Endurance (HALE), Tactical UAVs and Small UAVs (Micro & Mini)), By Battery Type (Fuel Cell, Lithium-Ion, Lithium-Polymer and Nickel Cadmium) and by Region (N

UAV Battery Market Report, By UAV Type (Medium Altitude Long Endurance (MALE), High Altitude Long Endurance (HALE), Tactical UAVs and Small UAVs (Micro & Mini)), By Battery Type (Fuel Cell, Lithium-Ion, Lithium-Polymer and Nickel Cadmium) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The rising demand for UAVs/drones in the healthcare sector is expected to drive the growth of the market in the near future. For instance, in April 2019, the U.S.-based UAV manufacturer and logistics services provider, Zipline, collaborated with Ghana's Ministry of Health to launch a deliver drone service for medical suppliers in Ghana. Furthermore, in March 2019, Matternet, Inc. entered into a partnership with United Parcel Service of America, Inc. (UPS) to deliver medical samples through drone in all the hospital across Raleigh, U.S. In October 2017, Flirtey, a drone delivery service company, collaborated with REMSA Health, an ambulance service provider, to introduce automated external defibrillator (AED) delivery drone service in the U.S. These factors are expected to facilitate growth of the market.
Market Dynamics
The increasing use of solar panels in order to enhance flight time of UAVs is one of the key trends, which is expected to drive growth of the market over the forecast period. Majority of UAV OEMs such as SolAero Technologies, Sion Power Corporation, and AeroVironment are focused on implementing solar powered panels in their UAV models in order to offer extra flight time and make battery of UAV as a secondary power backup for UAVs. For instance, in May 2018, BAE Systems and Prismatic signed an agreement for the development of a solar powered high altitude long endurance UAV termed as PHASA-35. Moreover, in 2020, Sion Power Corporation designed the Licerion High Energy (HE) lithium-metal rechargeable batteries for UAV platforms which uses photovoltaic cells mounted on the surface of the aircraft to recharge batteries.
Lithium-ion and lithium polymer batteries are cost effective and offer high power density compared to nickel-cadmium batteries. However, lithium batteries also suffer from heating and fire issues when in direct contact with air or due to leakage in their covering. This can cause severe damage to UAVs or impact their efficiency. Furthermore, low battery life of delivery drones is another factor that could adversely affect the growth of the market. The battery life is still restricted to around 20-30 minutes in one charge while carrying a lightweight payload. These factors are expected to hinder growth of the market over the forecast period.
Key features of the study:
This report provides in-depth analysis of global UAV Battery market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global UAV Battery market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Ballard Power Systems., Denchi Group Ltd, EaglePicher Technologies, H3 Dynamics Holdings Pte. Ltd., Kokam, OXIS Energy Ltd., Sion Power Corporation, Tadiran Batteries, AMIT industries L.T.D, and Amprius Technologies
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global UAV Battery market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global UAV Battery market
Detailed Segmentation
Global UAV Battery Market, By UAV Type:
Medium Altitude Long Endurance (MALE)
High Altitude Long Endurance (HALE)
Tactical UAVs
Small UAVs (Micro & Mini)
Global UAV Battery Market, By Battery Type:
Fuel Cell
Lithium-Ion
Lithium-Polymer
Nickel Cadmium
Global UAV Battery Market, By Region:
North America
By UAV Type:
Medium Altitude Long Endurance (MALE)
High Altitude Long Endurance (HALE)
Tactical UAVs
Small UAVs (Micro & Mini)
By Battery Type:
Fuel Cell
Lithium-Ion
Lithium-Polymer
Nickel Cadmium
By Country:
U.S.
Canada
Asia Pacific
By UAV Type:
Medium Altitude Long Endurance (MALE)
High Altitude Long Endurance (HALE)
Tactical UAVs
Small UAVs (Micro & Mini)
By Battery Type:
Fuel Cell
Lithium-Ion
Lithium-Polymer
Nickel Cadmium
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Europe
By UAV Type:
Medium Altitude Long Endurance (MALE)
High Altitude Long Endurance (HALE)
Tactical UAVs
Small UAVs (Micro & Mini)
By Battery Type:
Fuel Cell
Lithium-Ion
Lithium-Polymer
Nickel Cadmium
By Country:
Germany
Italy
U.K.
France
Russia
Rest of Europe
Latin America/ Middle East and Africa
By UAV Type:
Medium Altitude Long Endurance (MALE)
High Altitude Long Endurance (HALE)
Tactical UAVs
Small UAVs (Micro & Mini)
By Battery Type:
Fuel Cell
Lithium-Ion
Lithium-Polymer
Nickel Cadmium
By Region:
Latin America
Middle East
Africa
Company Profiles
Ballard Power Systems.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Denchi Group Ltd
EaglePicher Technologies
H3 Dynamics Holdings Pte. Ltd.
Kokam
OXIS Energy Ltd.
Sion Power Corporation
Tadiran Batteries
AMIT industries L.T.D
Amprius Technologies
“*” marked represents similar segmentation in other categories in the respective section.