Global Energy Storage Market For Unmanned Aerial Vehicles (UAVs) 2024-2028

Global Energy Storage Market For Unmanned Aerial Vehicles (UAVs) 2024-2028

The energy storage market for unmanned aerial vehicles (UAVs) is forecasted to grow by USD 2,638.21 mn during 2023-2028, accelerating at a CAGR of 18.06% during the forecast period. The report on the energy storage market for unmanned aerial vehicles (UAVs) 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 the growing affordability and popularity of UAVs among hobbyists, increasing commercial applications of UAVs, and the development of alternative propulsion technologies for UAVs.

Technavio's energy storage market for unmanned aerial vehicles (UAVs) is segmented as below:

By Application

MALE (medium altitude long endurance) UAVs
HALE (high altitude long endurance) UAVs
Tactical UAVs
Others

By Product

Battery
Fuel cell

By Geography

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the use of artificial intelligence in autonomous UAVs as one of the prime reasons driving the energy storage market for unmanned aerial vehicles (UAVs) growth during the next few years. Also, the development of drone swarm technology and increasing strategic partnerships will lead to sizable demand in the market.

The report on the energy storage market for unmanned aerial vehicles (UAVs) covers the following areas:

Energy storage market for unmanned aerial vehicles (UAVs) sizing
Energy storage market for unmanned aerial vehicles (UAVs) forecast
Energy storage market for unmanned aerial vehicles (UAVs) 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 energy storage market for unmanned aerial vehicles (UAVs) vendors that include Denchi Group Ltd., Doosan Corp., EaglePicher Technologies LLC, Edge Autonomy, H3 Dynamics Holdings Pte. Ltd., Highpower International Inc., Honeywell International Inc., Hylium Industries Inc., Intelligent Energy Ltd., Kokam Co. Ltd., Lumenier, MMC, Plug Power Inc., Shenzhen Grepow Battery Co. Ltd., Sion Power Corp., TDK Corp., The Fuel Cell Store, TotalEnergies SE, Vcanz Co. Ltd., and Veken Technology Co. Ltd.. Also, the energy storage market for unmanned aerial vehicles (UAVs) 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 research - both primary and secondary. 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 the accurate market growth.