The global solar-powered UAV market revenue was around US$ 0.8 billion in 2022 and is estimated to reach US$ 2.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 11.8% during the forecast period from 2023 to 2031.
Solar-powered unmanned aerial vehicle (UAVs) is referred to as drones that utilize solar cells powered directly from the sun to power their functions. The solar cells are installed on the UAVs in solar-powered unmanned aerial vehicles (UAVs). These solar cells catch solar energy during daylight. The captured energy generates the power that is utilized to utilize the drone and other onboard electronics.
Market Driving Factors
The surge in demand for drone services is estimated to drive the market growth. The global increase in economic intensification has led to a surge in demand for advanced and the development of high-efficiency solutions across the international industries. Additionally, this surge in demand propels the requirement for reasonable, easy-to-implement, and high-value on-demand customized systems for the specific needs of different industries. As a result, drone manufacturers surge the development of customized drones for warehouse management, viewing, capturing, and analyzing aerial imagery for mining, agriculture, power, utility, media, logistics, telecommunication, oil & gas, and construction industries, and others.
Solar-powered UAVs can play a critical role in precision agriculture by offering real-time data on crop health, pest infestations, and irrigation management. Furthermore, they enable farmers to create data-driven decisions and optimize resource allocation to enhance yield and decrease environmental impact. Therefore, this factor is predicted to drive market growth.
Technological advances in drones are predicted to boost market growth. Drones have evolved substantially in the past few years and provide a smart mobility option for businesses and customers worldwide. The evolution of technologies such as 3D imaging, artificial intelligence, big data analytics, and others has boosted the growth in the adoption of these cutting-edge technologies in drones to fulfill time-sensitive missions. For instance, the artificial intelligence incorporation in drones enables autonomous or aided flight by collecting and executing visual and environmental data collected from the sensors connected to the drone.
The high cost of technology integration, limited operational efficiency, and cybersecurity risks related to drones are predicted to inhibit market growth.
Regional Analysis
North America dominated the market in terms of the rate and is estimated to continue its dominance. This can be attributed to the various factors such as investments in research and development, connected with profitable government initiatives. Furthermore, strict environmental rules and raised applications in precision agriculture and environmental monitoring have also benefited the market.
Asia Pacific is estimated to dominate the market in terms of the largest shares. This is primarily owing to the immediate expansion of the commercial UAV industry and the surging demand for aerial solutions in infrastructure, agriculture, and defense sectors.
Segmentation Insights
Type Insight
The fixed-wing drone segment is estimated to dominate the market in terms of revenue. This is mainly due to the that these drones are largely used in military functions. Its flow allows the drone to depict distant zones and urban zones.
The multirotor drone segment is predicted to dominate the market in terms of the rate. This is owing to that they provide vertical take-off and landing capabilities, making them appropriate for applications that need maneuverability, hovering, and close-range operations. In addition, they are commonly utilized in industries such as infrastructure inspection, agriculture, and aerial photography.
Prominent Companies
Segmentation Outline
The global solar-powered UAV market segmentation focuses on Application, Mode of Operation, Type, Range, and Region.
By Application
By Mode of Operation
By Type
By Range
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL SOLAR-POWERED UAV MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: SOLAR-POWERED UAV MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL SOLAR-POWERED UAV MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL SOLAR-POWERED UAV MARKET, BY APPLICATION
5.1 OVERVIEW
5.2 GOVERNMENT
5.3 CONSTRUCTION
5.4 AGRICULTURE AND ENVIRONMENT
5.5 MEDIA AND ENTERTAINMENT
5.6 ENERGY
5.7 OTHERS
6 GLOBAL SOLAR-POWERED UAV MARKET, BY MODE OF OPERATION
6.1 OVERVIEW
6.2 SEMI-AUTONOMOUS
6.3 AUTONOMOUS
7 GLOBAL SOLAR-POWERED UAV MARKET, BY TYPE
7.1 OVERVIEW
7.2 FIXED WING DRONES
7.3 MULTIROTOR DRONES
7.4 QUADCOPTER DRONES
8 GLOBAL SOLAR-POWERED UAV MARKET, BY RANGE
8.1 OVERVIEW
8.2 LESS THAN 300 KM
8.3 MORE THAN 300 KM
9 GLOBAL SOLAR-POWERED UAV MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3.1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL SOLAR-POWERED UAV MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
10.4 COMPETITIVE DASHBOARD
10.5 PRODUCT MAPPING
10.6 TOP PLAYER POSITIONING, 2022
10.7 COMPETITIVE HEATMAP
10.8 TOP WINNING STRATEGIES
11 COMPANY PROFILES
11.1 NEWSPACE
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.2 AURORA FLIGHT SCIENCES
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.3 KOREA AEROSPACE RESEARCH INSTITUTE
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.4 AVY
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.5 SUNBIRDS SAS
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.6 KEA AEROSPACE
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.7 ELEKTRA
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.8 CHINESE ACADEMY OF AEROSPACE AERODYNAMICS
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.9 EOS TECHNOLOGIE
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.10 SKYDWELLER AERO
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
11.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.11 QINETIQ
11.11.1 OVERVIEW
11.11.2 FINANCIAL PERFORMANCE
11.11.3 PRODUCT OUTLOOK
11.11.4 KEY DEVELOPMENTS
11.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.12 XSUN
11.12.1 OVERVIEW
11.12.2 FINANCIAL PERFORMANCE
11.12.3 PRODUCT OUTLOOK
11.12.4 KEY DEVELOPMENTS
11.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.13 UAV INSTRUMENTS
11.13.1 OVERVIEW
11.13.2 FINANCIAL PERFORMANCE
11.13.3 PRODUCT OUTLOOK
11.13.4 KEY DEVELOPMENTS
11.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.14 AEROVIRONMENT INC
11.14.1 OVERVIEW
11.14.2 FINANCIAL PERFORMANCE
11.14.3 PRODUCT OUTLOOK
11.14.4 KEY DEVELOPMENTS
11.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.15 BAE SYSTEMS
11.15.1 OVERVIEW
11.15.2 FINANCIAL PERFORMANCE
11.15.3 PRODUCT OUTLOOK
11.15.4 KEY DEVELOPMENTS
11.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.16 SILENT FALCON UAS TECHNOLOGIES
11.16.1 OVERVIEW
11.16.2 FINANCIAL PERFORMANCE
11.16.3 PRODUCT OUTLOOK
11.16.4 KEY DEVELOPMENTS
11.16.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.17 ATLANTIK SOLAR
11.17.1 OVERVIEW
11.17.2 FINANCIAL PERFORMANCE
11.17.3 PRODUCT OUTLOOK
11.17.4 KEY DEVELOPMENTS
11.17.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
著作権 ©2022 無断複写・転載を禁じます
