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Drone Battery Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

11-15-2023 07:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Drone Battery Market Worldwide Industry Analysis, Future

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. 

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. 

To Request a Sample of our Report on Drone Battery Market:  https://www.omrglobal.com/request-sample/drone-battery-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

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

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

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

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.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/drone-battery-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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