Global Solar Powered UAV Market Analysis and Forecast 2020 to 2025

eSherpa Market Reports added a new market research report on 'Global Solar Powered UAV Market, 2020-2025' to its database of market research collaterals consisting of complete market scenario with prevailing and future growth prospects, among other growth strategies used by important players to stay ahead of the game. Additionally, recent trends, mergers, and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated in the report. Furthermore, to provide a better knowledge of internal and external marketing factors, the multi-dimensional techniques such as SWOT and PESTEL analysis have been implemented in the global Server Less Computing Market report.

Solar Powered UAV Market Summary:
Introduction:
Solar-powered unmanned aerial vehicles, also termed as solar powered UAVs or solar-powered drones, are airborne vehicles that utilize solar energy for propulsion. These vehicles are piloted by operators using a remote control or autonomously by onboard computers. Companies developing solar-powered UAVs mainly target the connectivity, agriculture, infrastructure & landscape monitoring, and utility sectors. Currently, only a handful of countries are developing solar-powered UAVs and a limited number of end-users are procuring it. However, aspects such as beneficial features of these UAVs coupled with its capability to cater to a wide range of applications are expected to generate tremendous demand during the forecast period. Factors such as advancement in battery and solar cell technology, economies of scale, improved endurance with enhanced flight range, falling costs, and focus on environmental conservation have made solar UAVs suitable for commercial applications. Meanwhile, weather dependency of solar-powered UAVs, rising UAV incidents, and the absence of tighter regulations related to drone operations are hindering the market growth.

However, the growing recognition of the significance of solar-powered UAVs usage in the renewable energy sector and focus on enhancing connectivity solutions offers a huge opportunity for the market., , Regional Analysis, The global solar-powered UAV market is estimated to witness 14.38% CAGR during the forecast period, 2017-2023. In 2016, the market was led by North America with a 34.90% share, followed by Europe and the Asia Pacific with shares of 29.24% and 25.59%, respectively. The Asia Pacific region is becoming a lucrative region for the firms that provide solar-powered UAVs, due to the significant demand from both defense and commercial sectors in countries such as China and South Korea.

Meanwhile, North America dominated the solar-powered UAV market in 2016, due to the increasing applications of UAVs in the military, homeland security, as well as commercial areas. The region also leads the global market in terms of expenditure and technological advancements and has a large number of deployments of UAVs in vulnerable regions. The U.S. generates a very high demand for UAVs used for surveillance purposes. Though Canada made some considerable investments in the development of UAVs, the market is primarily dominated by the U.S. is also the largest manufacturer of unmanned systems globally.

The necessity for continual and superior ISR capability by the armed forces has stimulated the U.S. to invest substantially in the UAVs and related technologies. Moreover, companies in this region are focusing on developing High Altitude Pseudo-Satellite (HAPS) for enhancing connectivity. Therefore, it is expected that the market in North America would witness a CAGR of 14.80%, during the forecast period.

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Global Solar Powered UAV Market Segment by Manufacturers, this report covers:
AeroVironment, Inc., Airbus SE, Silent Falcon UAS Technologies, Sunbirds, Sunlight Photonics Inc., and Thales Group are the major companies that focus on the development and provision of solar-powered UAVs services to both, commercial and defense applications. Airbus and Facebook accounted for more than 45% market share of the global market in 2016.

Table of Content:
1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.3.2 Stringent government regulations
4.4 Opportunities
4.4.1 Increasing usage of Solar Powered UAV
4.5 Trends

5 Patent Trends

6 Market Factor Analysis
6.1 Supply Chain
6.2 Porter's Five Forces Model
6.2.1 Threat of New Entrants
6.2.2 Bargaining Power of Suppliers
6.2.3 Bargaining Power of Buyers
6.2.4 Threat of Substitutes
.... And More

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Key Highlights of Solar Powered UAV Market Report:
The report covers Solar Powered UAV applications, market dynamics, and the study of emerging and existing market segments. It portrays market overview, product classification, applications, and market volume forecast from 2020-2025.

It provides analysis on the industry chain scenario, key market players, market volume, upstream raw material details, production cost, and marketing channels.

The growth opportunities, limitations to the market growth are identified using the SWOT analysis
It conducts the feasibility study, explores the industry barriers, data sources and provides key research findings

The report delivers analysis on consumption volume, region-wise import/export analysis and forecast market from 2020-2025.
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Reasons To Buy:
Analyzing the outlook of the market with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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https://www.marketwatch.com/press-release/global-aircraft-turbofan-engine-market-2020-share-trends-opportunities-projection-revenue-analysis-forecast-to-2020-2020-01-21

https://www.marketwatch.com/press-release/global-ultrasonic-ndt-equipment-market-2020-top-players-include--ge-inspection-technologies-us-olympus-corporation-more-2020-01-21

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