Drone Battery Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

Drone battery market is anticipated to grow at a CAGR of 20.1% during the forecast period. The growing establishment of start-ups across the globe is the major factor driving the growth of the market. Start-up companies are involving in development and launch of new product which will drive the drone battery market. For instance, in July 2020, StoreDot, an Israeli start-up battery and materials company launched an ultra-fast charging (UFC) solution, a FlashBattery technology which reduces the drone charging time. Generally, the charging time of a drone is 60 to 90 minutes which is too far longer time to charge a drone, so to reduce its company offers an ultra-fast charging solution which can charge a commercial drone in five minutes. Adding on the company developed metalloid nanotechnology alloys, which have similar properties to silicone, known for high diffusion and low resistance.

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The global drone battery market is segmented based on the technology, drone type and component. Based on the technology, the market is sub-segmented into lithium-based, nickel-based, and fuel cells. Based on the drone type, the market is sub-segmented into fixed-wing, fixed-wing Vtol, and rotary-wing. Based on components, the market is further sub-segmented into a cell, BMS, enclosure, and connector.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global 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

Global Drone Battery Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global drone battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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