Press release
Solar Powered Drones Technology Sector - Opportunities, News, Market Size, Advancement in Region of Operations Like Telecommunication, Agriculture, Government & Defense, Energy, and Media, Company Profiles & Strategies Forecasted to 2016 - 2025
Solar Powered Drones Technology
With increase in environmental and energy concerns, it has become evident to make optimum use of renewable sources of energy. Autonomous power sources are used to supply energy in civil and commercial applications of drones to save energy generated from nonrenewable sources. Major applications of drones include disaster management, mapping, and surveillance.
The Global Solar Powered Drones Market is segmented on the basis of Application And Geography.
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Increase in adoption of UAVs in various end user industries and development of solar-powered propulsion systems are factors responsible for the growth of the Global Solar-Powered Drones market.
Geographically, the market is analyzed across
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa
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In addition, initiatives taken by network providers to increase connectivity in rural areas for use of drones supplement the market growth. However, stringent government regulations and lack of skilled professionals restrain the growth of the industry. Technological advancements and need for energy conservation provide new opportunities in the industry.
Applications covered in the study include
• Telecommunication
• Agriculture
• Government & Defense
• Energy
• Media & Entertainment
Key Players that operate in the industry are
• Airbus (QinetiQ)
• Google (Titan Aerospace)
• Boeing Phantom Works
• Bye Engineering
• AeroVironment/NASA
• Facebook (Ascenta)
• Lockheed Martin (Hale-D)
• Atlantik Solar
These players have implemented Strategies such as new Product Launches, Collaborations, Merger & Acquisition, Expansion, Joint Ventures, Partnerships, and others to gain competitive edge and sustain their position in the industry.
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