Energy Storage For Unmanned Aerial Vehicles Market Size, Share & Trends Analysis Report By Product (Battery, Fuel Cell), By Application (MALE, Tactical UAVs), By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global energy storage for unmanned aerial vehicles market size was estimated at USD 413.25 million in 2023 and is expected to grow at a CAGR of 27.8% from 2024 to 2030. The market is experiencing significant growth driven by several key factors. First, the increasing demand for drones across various sectors-including logistics, agriculture, surveillance, and defense-has heightened the need for efficient energy storage solutions. As UAV applications expand, particularly in commercial and urban air mobility, the limitations of current battery technologies, such as their charge capacity and weight, have become more pronounced.
Moreover, advancements in smart battery technologies and hybrid power systems fosters market growth. Manufacturers are investing heavily in research and development to enhance the performance of lithium-ion batteries and explore alternatives like hydrogen fuel cells and supercapacitors. These innovations aim to improve energy efficiency, reduce size, and increase the payload capacity of drones, making them more viable for long-endurance missions.
Global Energy Storage For Unmanned Aerial Vehicles Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global energy storage for unmanned aerial vehicles market report based on the product, application, and region:
Product Outlook (Revenue, USD Million, 2018 - 2030)
Battery
Fuel cell
Application Outlook (Revenue, USD Million, 2018 - 2030)
MALE (medium altitude long endurance) UAVs
HALE (high altitude long endurance) UAVs
Tactical UAVs
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
Russia
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
UAE
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