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Solar Powered UAV Market Key Drivers & On-Going Trends 2022 To 2030
Solar Powered UAV Market
UAV's are an automated aerial vehicle that can fly autonomously or remotely with the help of a remote controller. It is also known as drone, an aircraft without any human pilot, crew or passenger on board. The UAV's are controlled by ground-based remote or a digital system of communication.
Solar UAV's are powered via energy captured via solar power reaching the aircraft surface during sunlight. The solar cells installed inside the aircraft absorb the cosmic energy and restore to propel the engine in the darkness. However, limited endurance of such engines is restraining factor.
Thus, considering this fact, solar powered UAV's have been developed. The solar powered UAV's use photovoltaic panels to absorb energy from sun and convert it into electrical energy.
Such aerial vehicles are extensively used in military sectors by para military forces and other national security agencies. These engines function for various military activities such as surveillance, search and rescue operations, security, disaster management, attack missions, intelligence gathering. This device is also used for environmental observation such as pollution monitoring.
Presently, many companies use this automated aerial vehicle for delivering goods to consumers which has good traction.
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Market Description & Overview:
Due to the latest pandemic of Covid-19, the research and development of this market was hampered very badly. Rise in commercial use of solar powered vehicles along with civil applications is driving the market. Currently various vendors are actively using the solar powered automated drones for providing door-to-door delivery service. This unique process of delivery is proving lucrative for the market. High usage of drones in military field is also a factor is driving the market.
Apart from their use in military and defence sector the UAV's have also proved to be effective for monitoring and mapping thousands of hectares of farmlands. With such versatile usage the market is expected to thrive during the forecasted period.
Market Segmentation:
Type:
• Fixed- Wing UAV
• Multi Rotor UAV
• Others
Application:
• Commercial
• Defence and Military
• Other
Component:
• Propulsion system
• Airframe
• Guidance navigation and control system
• Payload
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Geographical Analysis:
On the basis of regions, the market covers major five countries such as North America, Europe, Asia-pacific, Middle East and Africa. Among these, North American market is marked as dominant region with rising use of powered UAV's in this region.
Market Key players:
Key players are considered to be the pillars of market. The key players comprise of investors and intermediaries. The global solar powered UAV market is highly competitive and has witnessed growing competition between vendors. The primary market players focus on the development of global solar powered UAV market, while a few other recognized vendors are approaching integration with value-added products for electronic industry.
Some of the leading market player includes AeroVironment Inc., Airbus S.A.S, Sunbirds SAS, Sunlight Aerospace, Thales Group, Silent Falcon., Barnard Microsystems Ltd., Lockheed Martin Corporation., DJI, and Boeing.
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Frequently Asked Questions:
• What is the projected market size & growth rate of the Solar Powered UAV Market?
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