Electric Unmanned Aerial Vehicle (E-UAV) Market 2024-2028
The electric unmanned aerial vehicle (E-UAV) market is forecasted to grow by USD 6544.6 mn during 2023-2028, accelerating at a CAGR of 16.6% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development of powerful electric engines, preferred integration of alternative power systems for uavs, and increased application portfolio of uavs.
Technavio's electric unmanned aerial vehicle (E-UAV) market is segmented as below:
- By Application
- Battery
- Solar
- Fuel cell
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
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, increased pace of research over laser-powered ucav and emergence of formira hydrogen-on-demand technology will lead to sizable demand in the market.
The 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
The 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, Draganfly Inc., Elbit Systems Ltd., ELcomponics Sales Pvt. Ltd., Equinoxs Drones, Eviation Aircraft, Guangzhou XAG Co. Ltd., Intel Corp., Lockheed Martin Corp., Parrot Drones SAS, RTX Corp., Sunlight Aerospace, SZ DJI Technology Co. Ltd., Teledyne FLIR LLC, Thales Group, Xiaomi Global Community, and Yuneec International Co. Ltd.. 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.