Global Electric Unmanned Aerial Vehicle (E-UAV) Market 2022-2026
Technavio has been monitoring the electric unmanned aerial vehicle (e-UAV) market and it is poised to grow by $ 5.42 billion during 2022-2026, progressing at a CAGR of 14.36% during the forecast period. Our report on the electric unmanned aerial vehicle (e-UAV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the development of powerful electric engines, preferred integration of alternative power systems for UAVs, and an increased application portfolio of UAVs.
The electric unmanned aerial vehicle (e-UAV) market analysis includes technology segment and geographic landscape.
Technavio's electric unmanned aerial vehicle (e-UAV) market is segmented as below:
By Technology
By Geographic
- North America
- APAC
- Europe
- The Middle East and Africa
- South America
This study identifies the rapid adoption of sensor fusion technology as one of the prime reasons driving the electric unmanned aerial vehicle (e-UAV) market growth during the next few years. Also, the increased pace of research over laser-powered UCAV and the emergence of formira hydrogen-on-demand technology will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric unmanned aerial vehicle (e-UAV) market covers the following areas:
- Electric unmanned aerial vehicle (e-UAV) market sizing
- Electric unmanned aerial vehicle (e-UAV) market forecast
- Electric unmanned aerial vehicle (e-UAV) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric unmanned aerial vehicle (e-UAV) market vendors that include AeroVironment Inc., Airbus SE, Auterion Ltd., Bye Aerospace Inc., Draganfly Inc., Elbit Systems Ltd., ELcomponics Sales Pvt. Ltd., Equinox's Drones Pvt. Ltd., Eviation Aircraft, Guangzhou XAG Co. Ltd., Intel Corp., Lockheed Martin Corp., Parrot Drone SAS, Raytheon Technologies Corp., Sunlight Aerospace, SZ DJI Technology Co. Ltd., Teledyne FLIR LLC, Xiaomi Global Community, Yuneec International Co. Ltd., and Thales Group. Also, the electric unmanned aerial vehicle (e-UAV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAeroVironment Inc., Airbus SE, Auterion Ltd., Bye AerospaceInc., Draganfly Inc., Elbit Systems Ltd., ELcomponics Sales Pvt. Ltd., Equinox's Drones Pvt. Ltd., Eviation Aircraft, Guangzhou XAG Co. Ltd., Intel Corp., Lockheed Martin Corp., Parrot Drone SAS, Raytheon Technologies Corp., Sunlight Aerospace, SZ DJI Technology Co. Ltd., Teledyne FLIR LLC, Xiaomi Global Community, Yuneec International Co. Ltd., Thales Group