Drone Batteries Market Expand At A CAGR Of 8.3% By 2032

Global drone batteries market is estimated at US$ 6.3 billion in 2022 and is expected to expand at an impressive CAGR of 8.3% during the forecast years of 2022-2032. The market is poised to grow due to remarkable use case and safety provided by drone battery.

Drones nowadays have occupied an important place in disaster management. During natural calamities, the manoeuvrability of drones is most suitable to look for people stuck in unreachable areas. Drones can also carry out the aerial supply of goods, food items, and other resources to calamity zones easily without physical intervention.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=1887?PS

Consistent food supplies to places where humans cannot reach has become simple with drones. Drones also help find rescue routes and gather 3D images of the calamity site for analysis.

Drones for future structures are becoming increasingly popular in the construction sector. Building managers will be able to meet project objectives more efficiently and quickly if sophisticated photography is used to scan construction sites and drones are used to follow activities throughout the construction lifecycle.

The high utility of drones in disaster management, construction and other surveillance activity is likely to be a key driver for the drone batteries market over the forecast period.

Key Takeaways from Market Study

• The global drone batteries market is projected to expand at an impressive CAGR of 8.3% and be valued at US$ 14.1 billion by 2032.
• The market witnessed 5.4 % CAGR for the period of 2017-2021.
• Under LiPo and NiMH type of battery chemistry dominates the market and are valued at US$ 4.7 billion and US$ 1.0 billion in 2022.
• North America dominated the market with 35.1% market share in 2021.
• Together, the Commercial and Industrial are likely to represent 50.4% market share in 2022.
• Based on region, demand for drone battery is expected to increase at CAGRs of 6.9% and 5.5%, respectively, in North America and Europe.

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐝𝐫𝐨𝐧𝐞 𝐛𝐚𝐭𝐭𝐞𝐫𝐢𝐞𝐬 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐚𝐫𝐞

• Amicell-Amit Industries Limited
• Autel Robotics
• Genspow GmbH
• Parrot
• Skydio
• SZ DJI Technology Co., Ltd.
• Uvify Inc.
• Venom Power
• Yuneec

The world's leading manufacturers of drone batteries products are employing sustainable technologies and optimization systems for diverse end users. Key manufacturers are focusing on developing new product designs to address problems in terms of product placement in harsh operating environments. Moreover, expertise and professionalism in planning, designing, and providing optimal pressure control solutions are at the backbone of their marketing strategies.

In Apr. 2022, KVS Terratec, a global leader in geodata acquisition and analytics, has just announced the acquisition of Sevendof, a long-range drone infrastructure company, in a deal that will significantly increase the company's competitiveness within a fast-growing market where unmanned aircraft (UA) are used for mapping and inspection purposes.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

State-of-the-art technology and planning in design of batteries for drones is set to launch the drone batteries market at new heights by providing higher growth rate to the market over the long-run forecast period. Custom built drone batteries are anticipated to rise the consumption of drone batteries favouring the consumer needs and requirements. This is set to increase the demand by 20% from educational and institutional applications.

Also, spread of commercial sector wings over drone and inclusion of the same onto the field applications to push the market and provide long run headwinds to drone batteries market. The rise in demand from unconventional uses are expected to turn the tables nearing the brighter side and drive the long run demand of the drone batteries.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐃𝐫𝐨𝐧𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐢𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Drone Type :

Mini Quad
Micro Quad
Commercial/Industrial
Others

By Battery Chemistry :

NiCad
NiMH
LiPo

By Battery Capacity :

Below 3000 mAh
3000-5000 mAh
5000-10000 mAh
Above 10000 mAh

By Region :

North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: https://www.factmr.com/connectus/sample?flag=RC&rep_id=1887?PS

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐎𝐟𝐟𝐞𝐫

Fact.MR, in its new offering, presents an unbiased analysis of the global drone batteries market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of drone type (mini quad, micro quad, commercial/industrial, others), battery chemistry (NiCad, NiMH, LiPo), battery capacity (below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, above 10,000 mAh) and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania and MEA).

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This release was published on openPR.