Press release
Drone Battery Market Is Anticipated To Hit More Than $10 Billion And Exhibit a CAGR of 20.1% Over The Forecast Period 2023-2032: Skydio, Yuneec International, SolidEnergy Systems, Genspow GmbH
Drone Battery Market
As per the drone battery market report by The Business Research Company, the increase in the adoption of drones for commercial and defense applications is expected to propel the growth of the drone batteries market going forward. The adoption of drones for commercial and defense applications is required to detect threats, identify risk-prone areas of remote locations, conduct reconnaissance missions, track illegal activities, and to control crime. For instance, according to Goldman Sachs, a US-based Investment banking company, the drone sector is expected to reach $100 billion by 2022. Therefore, the increasing adoption of drones for commercial and defense applications drives the growth of the drone batteries market.
The global drone battery market size grew from $4.01 billion in 2022 to $4.94 billion in 2023 at a compound annual growth rate (CAGR) of 23.2%. The drone battery market size is expected to grow to $10.29 billion in 2027 at a CAGR of 20.1%.
Read More On The Drone Battery Market Report Here:
https://www.thebusinessresearchcompany.com/report/drone-battery-global-market-report
Major competitors in the drone battery market include Skydio, Yuneec International, SolidEnergy Systems, Genspow GmbH, H3 Dynamics, Plug Power, Epsilor, Shenzhen Grepow Battery Co. Ltd., Eagle Picher, RRC Power Solutions GmbH.
The drone battery market is segmented -
• By Component: Cell, BMS, Enclosure, Connector
• By Battery: Fuel Cell, Lithium-Ion, Lithium-Polymer, Nickel Cadmium
• By Drone Type: Medium Altitude Long Endurance (MALE), High Altitude Long Endurance (HALE), Tactical, Small
• By Function: Special Purpose Drones, Passenger Drones, Inspection And Monitoring Drones, Surveying And Mapping Drones, Agriculture Drones, Cargo Air Vehicles, Other Functions
• By End-User: Commercial, Military, Government and Law Enforcement, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the drone battery market.
Request A Free Sample Of The Drone Battery Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6114&type=smp
The drone battery market consists of sales of rechargeable batteries for drones. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Drone Battery Market Include:
1. Executive Summary
2. Drone Battery Market Characteristics
3. Drone Battery Market Trends And Strategies
4. Drone Battery Market - Macro Economic Scenario
5. Drone Battery Market Size And Growth
6. Drone Battery Market Segmentation
..............
27. Drone Battery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drone Battery Market
29. Drone Battery Market Future Outlook And Potential Analysis
30. Appendix
The "Global Drone Battery Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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