Drone Battery Market to Witness Astonishing Growth by 2028

The global drone battery market is anticipated to grow at a CAGR of 20.1% during the forecast period. Drones are increasingly being used for many functions including monitoring climate change, delivering goods, photography, supports in search operations, defense, agriculture, and other functions. Demand for drones is increasing among defense forces for intelligence, surveillance, and reconnaissance (ISR) activities. Moreover, government is also taking initiatives to adopt high technology drone in defense force, which in turn propel the drone battery market. For instance, in June 2022, Bharat Drone Mahotsav 2022 was held in New Delhi inaugurated by Prime Minister Narendra Modi. Under the Atmanirbhar Bharat effort of the government, the event showcased a mix of products, sub-systems and technologys for military and commercial purposes. The event also showcased the dual-use technologies for a drone as the drone can pinpoint a target, which is beneficial for defence force. Due to these features, defense forces will increase the use of drones, which in turn will fuel the drone battery market. 

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Furthermore, drones are being used for agricultural applications such as crop spraying, pest control, and crop inspection. Hence, the government is increasingly approaching farmers to adopt drones for spraying Agri inputs such as pesticides, and fertilizers in the agriculture field. For instance, in August 2022, government is offering a slew of incentives for farmers to start using drones. Apart from this, in July 2020, government allowed the usage of drones for spraying pest control on farms after prior permission from the authorities. Furthermore, many drone service provider companies are providing drones are agricultural use. For instance, in July 2022, Syngenta India Pvt. Ltd decided to use 50 drones for spraying over 30,000 acres of land in Punjab, Haryana, Madhya Pradesh, Andhra Pradesh, and Telangana and has obtained permission from the Central Insecticides Board (CIB). Which in turn drives the overall drone battery market. 

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Technology
By Drone Type
By Component
By End-Users

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Doosan Mobility Innovation Co., Ltd., Shenzhen Grepow Battery Co., Ltd., Yuneec International Co., Ltd., Sion Power Corp., and others

A full Report of Drone Battery Market is Available @  https://www.omrglobal.com/industry-reports/drone-battery-market

Drone Battery Market Report Segment

By Technology

Lithium-based
Nickel-based
Fuel Cell

By Drone Type 

Fixed-wing
Fixed-wing VTOL
Rotary-wing

By Drone Type 

Cell
Battery Management Systems (BMS)
Enclosure
Connector

Drone Battery Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Amit Industries Ltd
Autel Robotics Co., Ltd.
Doosan Mobility Innovation Co., Ltd.
Eaglepicher Technologies
Epsilor-Electric Fuel Ltd.
Hes Energy Systems 
Honeywell International Inc.
Intelligent Energy Ltd
Parrot Drones Sas
Plug Power Inc.
Rrc Power Solutions Gmbh
Ses Ai Corp
Shenzhen Grepow Battery Co., Ltd. 
Sion Power Corp
Skydio, Inc.
Sz Dji Technology Co., Ltd.
Uvify Inc.
Venom Power
Yuneec International Co., Ltd.

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