openPR Logo
Press release

Hybrid UAV Market worth $1,705.0 Million by 2030, at a CAGR of 14.4%

12-03-2024 08:36 PM CET | Associations & Organizations

Press release from: ABNewswire

Hybrid UAV Market

Hybrid UAV Market

The global Hybrid UAV Market in terms of revenue is estimated to be worth $760.7 million in 2024 and is poised to reach $1705.0 million by 2030, growing at a CAGR of 14.4% during the forecast period.
According to a research report "Hybrid UAV Market [https://www.marketsandmarkets.com/Market-Reports/hybrid-uav-market-136542756.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=hybriduavmarket] by Type (STOL UAV, Multirotor UAV, Lift + Cruise UAV), Industry (Commercial, Defense & Government), Propulsion (Hybrid Electric, Fuel cell), Endurance (Short, Medium, Long), Power and Region - Global Forecast to 2030" published by MarketsandMarkets, the Hybrid UAV Market is estimated to be USD 760.7 million in 2024 and is projected to reach USD 1705.0 million by 2030, at a CAGR of 14.4% between 2024 and 2030.

Download PDF Brochure @ [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136542756&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=hybriduavmarket]

Browse 258 market data Tables and 64 Figures spread through 253 Pages and in-depth TOC on "Hybrid UAV Market by Type (STOL UAV, Multirotor UAV, Lift + Cruise UAV), Industry (Commercial, Defense & Government), Propulsion (Hybrid Electric, Fuel cell), Endurance (Short, Medium, Long), Power and Region - Global Forecast to 2030"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/hybrid-uav-market-136542756.html [https://www.marketsandmarkets.com/Market-Reports/hybrid-uav-market-136542756.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=hybriduavmarket]

[https://www.marketsandmarkets.com/Market-Reports/hybrid-uav-market-136542756.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=hybriduavmarket]

The hybrid UAV market is rapidly evolving, characterized by the integration of advanced technologies and increasing demand across various sectors. Defined by the development and deployment of unmanned aerial vehicles that utilize multiple propulsion systems, hybrid UAVs combine conventional fuel-powered components with electric power sources. This innovative approach addresses the limitations of traditional UAVs, enabling enhanced payload capacities, extended flight times, and improved operational versatility. As industries seek more efficient and adaptable aerial solutions for applications such as surveillance, agriculture, and logistics, the hybrid UAV market has gained significant traction. The market was valued at approximately USD 760.8 million in 2024 and is poised for substantial growth, driven by continuous technological advancements, including sophisticated avionics and intelligent energy management systems. With a focus on sustainability and efficiency, hybrid UAVs are redefining aerial capabilities and setting new standards for performance in the unmanned aerial vehicle landscape.

By Type, the Lift + Cruise segment is projected grow the fastest during the forecast period.

The increasing demand for efficient urban air mobility solutions is propelling interest in Lift + Cruise designs, which offer the versatility of vertical take-off and landing (VTOL) combined with the efficiency of fixed-wing flight. This capability is particularly appealing for applications such as cargo delivery, emergency services, and passenger transport in congested urban environments. Advancements in hybrid propulsion technologies are enhancing the performance and reliability of Lift + Cruise UAVs, allowing them to achieve longer ranges and higher payload capacities while minimizing environmental impact. The integration of artificial intelligence (AI) further enhances these systems by optimizing flight paths and energy management, thereby improving operational efficiency. Furthermore, regulatory developments aimed at facilitating urban air mobility are creating a more favorable environment for the deployment of Lift + Cruise hybrid UAVs.

By Industry, the commercial segment is expected to grow the most during the forecast period.

Increasing demand for versatile aerial solutions across various industries, including agriculture, construction, and logistics, is propelling the adoption of hybrid UAVs. These drones offer the unique advantage of combining electric and combustion propulsion systems, enabling longer flight times and enhanced payload capacities, which are essential for tasks such as aerial surveying, crop monitoring, and infrastructure inspection. The integration of advanced technologies, such as high-resolution cameras and LiDAR sensors, further enhances the capabilities of hybrid UAVs, making them indispensable tools for data collection and analysis. The growing emphasis on sustainability and reducing carbon footprints is encouraging businesses to adopt hybrid UAVs as a more environmentally friendly alternative to traditional aerial solutions.

North America holds the highest growth rate in the region for the Hybrid UAV Market.

The region's strong aerospace and defense infrastructure supports significant investments in hybrid UAV technology, with companies like AeroVironment and Northrop Grumman leading the charge in innovation. The increasing demand for versatile aerial solutions across various sectors-including agriculture, logistics, and surveillance-further propels the adoption of hybrid UAVs, which combine the benefits of electric and combustion propulsion systems to enhance operational efficiency and extend flight capabilities. The growing emphasis on sustainability and reducing carbon emissions is also a critical driver, as hybrid UAVs offer a more environmentally friendly alternative to traditional aircraft.

Key players in this market include Northrop Grumman (US), Thale (France), L3Harris Technologies, Inc., (US) ), JOUAV (China), Elroy Air (US), Draganfly (Canda), Pipistrel (Italy), Harris Aerial (US), Natilus (US), Doosan Mobility Innovation (South Korea) Moya aero (Brazil), Waveaerospace (US), Aeronautics (Israel), Skyfront (US), Xer Technologies. Avartek (UK), ElevonX (US), ALTI Unmanned (South Africa) and Elbit Systems Ltd. (Israel) among others.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hybrid-uav-market-worth-17050-million-by-2030-at-a-cagr-of-144]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/hybrid-uav-market-136542756.html



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hybrid UAV Market worth $1,705.0 Million by 2030, at a CAGR of 14.4% here

News-ID: 3769654 • Views:

More Releases from ABNewswire

Bus Seat Market Forecast to Reach USD 19.71 Billion by 2030, Driven by Comfort Demand and Electrification - Mordor Intelligence
Bus Seat Market Forecast to Reach USD 19.71 Billion by 2030, Driven by Comfort D …
Mordor Intelligence has published a new report on bus seat market offering a comprehensive analysis of trends, growth drivers, and future projections. Introduction The bus seat market [https://www.mordorintelligence.com/industry-reports/bus-seat-market?utm_source=abnewswire] is on a robust growth trajectory, with the bus seat market size projected to expand from USD 14.93 billion in 2025 to an estimated USD 19.71 billion by 2030, according to a new report by Mordor Intelligence. This impressive rise reflects a compound annual
Decision Intelligence Market Size & Share, Future Scope, Growth Opportunity 2025-2030
Decision Intelligence Market Size & Share, Future Scope, Growth Opportunity 2025 …
Decision Intelligence Market by Type (Decision Automation, Decision Augmentation, Decision Support System), Business Function (Marketing & Sales, Finance & Accounting (Financial Planning, Cost Optimization), Operations, R&D) - Global Forecast to 2030. The decision intelligence market [https://www.marketsandmarkets.com/Market-Reports/decision-intelligence-market-11498239.html?utm_campaign=decisionintelligencemarket&utm_source=abnewswire.com&utm_medium=referral] is anticipated to expand at a compound annual growth rate (CAGR) of 24.7% from USD 13.3 billion in 2024 to USD 50.1 billion in 2030. The rapid expansion of digital data from diverse sources and
Exposure Management Market Set to Surpass USD 7.6 Billion by 2029, at a CAGR of 28.3%
Exposure Management Market Set to Surpass USD 7.6 Billion by 2029, at a CAGR of …
Exposure Management Market by Component (Solutions and Services), Deployment Mode (Cloud and On-premises), Application (Vulnerability Management, Threat Intelligence, Attack Surface Management), End-user Industry and Region - Global Forecast to 2029. The size of the global Exposure Management Market [https://www.marketsandmarkets.com/Market-Reports/exposure-management-market-193629602.html?utm_campaign=exposuremanagementmarket&utm_source=abnewswire.com&utm_medium=referral] is expected to increase at a compound annual growth rate (CAGR) of 28.3% from USD 2.2 billion in 2024 to USD 7.6 billion by 2029. The market for exposure management is fueled
Food Emulsifiers Market Size, Growth Drivers, Latest Trends, Opportunities, Top Companies, and Forecast
Food Emulsifiers Market Size, Growth Drivers, Latest Trends, Opportunities, Top …
Food Emulsifiers Market by Type (Mono and di-glycerides and their derivatives, Lecithin, Sorbitan esters, Polyglycerol esters, and Stearoyl lactylates), Source, Function, Application and Region - Global Forecast to 2028 The global food emulsifiers market [https://www.marketsandmarkets.com/Market-Reports/food-emulsifiers-market-972.html] was valued at USD 3.6 billion in 2023 and is projected to reach USD 4.6 billion by 2028, growing at a CAGR of 4.9% during the forecast period. The market continues to gain momentum as food

All 5 Releases


More Releases for UAV

Uav Autopilot Market
According to Market Research Intellect, the global Uav Autopilot market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The UAV autopilot market is experiencing robust growth, driven by increasing demand for autonomous drones across commercial, defense, and
Tactile UAV Market
How Big Is the Tactile UAV Market? The global tactical UAV market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028. What is Tactile UAV? Tactile unmanned aerial vehicles (UAVs) represent heavier protective devices that are used to detect tanks and armored personnel carriers and mitigate risks. Short, close, long, medium-range, endurance,
UAV Propulsion System Market Survey Report 2023 Along with Statistics, Forecasts …
The report is designed to provide a holistic view of the UAV Propulsion System Market market 2023 to 2030. Several vital aspects are discussed in this UAV Propulsion System Market report in terms of growing business and resulting market revenues. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Business players can easily make a gainful decision by understanding the data provided in
Modular Type Electric Helicopter UAV and Hexacopter UAV | PRENEU
PRENEU Co., Ltd. is a leading drone manufacturer in Korea that provides innovative drone systems and services through the convergence of H/W manufacturing technology and S/W development technology for drones and aviation with key IT technology. PRENEW's Modular Type Electric Helicopter UAV/RUEPEL PRENEW's UAV Helicopter with the name of RUEPEL provides special mission services such as search and rescue using UAV functions in areas with harsh environmental conditions, such
Counter-UAV (C-UAV) Systems Market 2021 | Detailed Report
The Counter-UAV (C-UAV) Systems research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Counter-UAV
New Visiongain Report: Counter-UAV (C-UAV) Market Report 2019-2029
• Do you need definitive counter UAV market data? • Succinct counter UAV market analysis? • Technological insight? • Clear competitor analysis? • Actionable business recommendations? Read on to discover how this definitive report can transform your own research and save you time. Purchase full report or download free sample pages: https://www.visiongain.com/report/counter-uav-c-uav-market-report-2019-2029/ The recent developments in counter UAV systems by type, platform and technology has led Visiongain to publish this timely report. The $ 1.3 billion counter