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GLOBAL UAV BATTERY MARKET FORECAST 2022-2030

In terms of revenue, the global UAV battery market was valued at $4650.08 million in 2021, and is expected to reach $17700.22 million by 2030, growing at a CAGR of 16.32% during the forecast period.

GLOBAL UAV BATTERY MARKET FORECAST 2022-2030

Global UAV Battery Market by Battery Type (Lithium-based UAV Battery, Nickel-based UAV Battery, Fuel Cell) Market by UAV Type (Fixed-wing UAV, Multi-rotor UAV, Fixed-wing Vtol (Hybrid) UAV) Market by End-user (Consumer, Commercial, Defense, Government, and Law Enforcement) By Geography

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In terms of revenue, the global UAV battery market was valued at $4650.08 million in 2021, and is expected to reach $17700.22 million by 2030, growing at a CAGR of 16.32% during the forecast period.

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An unmanned aerial vehicle (UAV) is a type of aircraft that operates without the presence of a human pilot. When it comes to UAVs, there is no set classification. While civilians have an ever-evolving definition of UAVs based on their expanding usage, defense organizations have specified their own rules for the aircraft. A UAV’s battery pack consists of more than just a group of cells. They are high-quality items with a variety of safety features. The most crucial aspects to consider when choosing a battery are its voltage level, capacity (measured in milliamp hours), discharge rate, or how much current can be drawn from it at once. The other factors that affect a UAV’s battery selection include cost, longevity, activation time, and charging time.

UAV Battery Market

Read our latest blog on the UAV Battery Market

Key growth enablers of the global UAV battery market are:

  • Increasing demand for UAVs across various applications
  • Increasing R&D investments in UAVs & adjacent industries
    • The global increase in military spending by governments presents profitable opportunities for market participants in the UAV sector and its adjacent industry of the UAV battery sector.
    • The expanding use of UAVs for intelligence, reconnaissance, and surveillance in military and defense activities is a significant factor.
    • The Indian government approved UAV production in the country with a specific framework on security issues. With countries like India leading the way in legalizing drone manufacturing and rising demand for drones across various industries and uses, it is anticipated that the global UAV battery market will expand rapidly.
  • Need for increased flight time & payload
  • Innovation in battery technology

Key growth restraining factors are:

  • Heat & fire issues due to thermal runaway
    • Lithium-powered batteries have encountered 50% heat and fire hazards while charging.
    • The batteries could burst during charging, endangering the operators’ safety and resulting in property damage.
    • Due to their high altitude operation and increased exposure to temperature, vibration, and shock extremes, drone batteries are particularly prone to damage.
  • Transportation regulations

Global UAV Battery Market | Top Trends

  • Although there are many different ways that lithium-ion drone batteries might be improved, the general trend is toward greater safety, faster charging, more adaptable shape, and higher performance. A research and development team from Nanyang University of Science and Technology created a novel variety of lithium batteries. It differs from other technologies in that the Users may swiftly charge the battery 70% and more than 10,000 times in just two minutes. Instead of using graphite as an anode material, this approach uses titanium dioxide.
  • Commercial drones are revolutionizing old business and industry systems, paving the path for smart operations to enhance production. Commercial drones are used for far more than just taking pictures or videos. Drone delivery is one of the most liked uses. This idea is anticipated to gain greater traction as technology develops and matures.
  • An important operational challenge in commercial drones is being addressed by WiBotic, a business that specializes in developing battery wireless charging systems for drone batteries. The company reports that its adaptive matching technology offers an innovative method of inductive power transmission and provides the power levels necessary for drones and other flying vehicles.

Market Segmentation – UAV Type, Battery Type, and End-User –

Market by UAV Type:

  • Fixed-Wing
  • Rotary-Wing
  • Hybrid-Wing VTOL (Hybrid Drone)

Market by Battery Type:

  • Lithium-Based
    • Li-Po and Li-Ion batteries are the most frequently used in drones. Li-SOCl2 batteries offer a two-fold higher energy density per kg than the batteries above, and Li-air batteries can have an energy density of up to seven times higher; but, they are regrettably less common and considerably more expensive than Li-Po and Li-ion batteries.
    • In addition to being lighter and more compact than other rechargeable batteries, Li-ion batteries have a high energy and power density per unit of battery mass.
    • Other benefits include a comparable long cycle life, good energy efficiency, and no memory effects. The price difference between these batteries and the others is their main drawback.
  • Nickel-Based
  • Fuel Cell

Market by End-User:

  • Defense, Government, and Law Enforcement
    • Militaries need UAVs worldwide for training in combat situations and ISR (intelligence, surveillance, and reconnaissance).
    • The main market for military UAVs is the United States. One of the biggest exporters of military UAVs is Israel.
    • Top military UAV importers around the globe include Germany, Turkey, France, India, the United Kingdom, and the United States.
    • Other countries are attempting to develop a robust inventory of UAVs, and the United States and China have sizable numbers of military UAVs in their respective inventories.
  • Consumer
  • Commercial

Geographical Study Based on Five Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Spain, Italy, Nordic Countries, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • Growing demand for UAV applications such as delivery, agriculture, healthcare, transportation, and others in and across the Asia-Pacific region is expected to enable the market growth of UAV batteries in Asia-Pacific.
    • Innovations in battery technology by major players in the Asian-Pacific region due to the rising demand for long-range and long-endurance battery systems are expected to drive the market growth in Asia-Pacific.
    • Research and development in battery technology, such as fuel cells and solar power, are expected to enable market growth in Asia-Pacific.
  • Rest of World: Latin America and Middle East & Africa

The major players in the global UAV battery market are:

  • Plug Power
  • Intelligent Energy
  • HES Energy Systems
  • Epsilor
  • Doosan

Key strategies adopted by some of these companies:

In March 2022, Plug Power and their South Korean partner, SK E&S, announced a partnership. The project is anticipated to involve constructing a sizable factory in the western port city of Incheon’s high-tech industrial zone. It is anticipated that it will create water electrolysis equipment and fuel cells for Asian markets. In 2024, production is anticipated to start.

In May 2022, Intelligent Energy received key government officials from the German state of Saxony. The company wanted to explore partnership possibilities while showcasing its fuel cell technology as it tries to grow across Europe.

Report Synopsis:

Report Scope Details
Forecast Years 2022-2030
Base Year 2021
Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed UAV Type, Battery Type, End-User
Geographies Analyzed North America, Europe, Asia-Pacific, Rest of World
Companies Analyzed

Eagle-Picher Technologies, Inventus Power, Shenzhen Grepow Battery, Plug Power, Sion Power, Epsilor, RRC Power Solutions, Doosan, Intelligent Energy, HES Energy Systems

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • KEY DRIVERS
      • INCREASED DEMAND FOR UAVS ACROSS VARIOUS APPLICATIONS
      • INNOVATIONS IN BATTERY TECHNOLOGY
      • NEED FOR INCREASED FLIGHT TIME & PAYLOAD
      • INCREASING R&D INVESTMENTS IN DRONES & ADJACENT INDUSTRY
    • KEY RESTRAINTS
      • TRANSPORT REGULATIONS ON UAV BATTERY
      • HEAT & FIRE ISSUES (THERMAL RUNAWAY)
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON UAV BATTERY MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • REGULATORY FRAMEWORK
  2. MARKET BY BATTERY TYPE
    • LITHIUM-BASED UAV BATTERY
    • NICKEL-BASED UAV BATTERY
    • FUEL CELL
  3. MARKET BY UAV TYPE
    • FIXED-WING UAV
    • MULTI-ROTOR UAV
    • FIXED-WING VTOL (HYBRID) UAV
  4. MARKET BY END-USER
    • CONSUMER
    • COMMERCIAL
    • DEFENSE, GOVERNMENT, AND LAW ENFORCEMENT
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • SPAIN
        • ITALY
        • NORDIC COUNTRIES
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • BUSINESS EXPANSIONS & DIVESTITURES
    • COMPANY PROFILES
      • DOOSAN
      • EAGLE-PICHER TECHNOLOGIES
      • EPSILOR
      • HES ENERGY SYSTEMS
      • INTELLIGENT ENERGY
      • INVENTUS POWER
      • PLUG POWER
      • RRC POWER SOLUTIONS
      • SHENZHEN GREPOW BATTERY
      • SION POWER

LIST OF TABLES  

TABLE 1: MARKET SNAPSHOT – UAV BATTERY

TABLE 2: GLOBAL UAV BATTERY MARKET, BY BATTERY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 3: GLOBAL UAV BATTERY MARKET, BY BATTERY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 4: GLOBAL LITHIUM-BASED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 5: GLOBAL LITHIUM-BASED MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 6: GLOBAL NICKEL-BASED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 7: GLOBAL NICKEL-BASED MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 8: GLOBAL FUEL CELL MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 9: GLOBAL FUEL CELL MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 10: GLOBAL UAV BATTERY MARKET, BY UAV TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 11: GLOBAL UAV BATTERY MARKET, BY UAV TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 12: GLOBAL FIXED-WING MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 13: GLOBAL FIXED-WING MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 14: GLOBAL MULTI-ROTOR MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 15: GLOBAL MULTI-ROTOR MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 16: GLOBAL FIXED-WING VTOL (HYBRID) MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 17: GLOBAL FIXED-WING VTOL (HYBRID) MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 18: GLOBAL UAV BATTERY MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 19: GLOBAL UAV BATTERY MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 20: GLOBAL CONSUMER MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 21: GLOBAL CONSUMER MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 22: GLOBAL COMMERCIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 23: GLOBAL COMMERCIAL MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 24: GLOBAL DEFENCE, GOVERNMENT, AND LAW ENFORCEMENT MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 25: GLOBAL DEFENSE, GOVERNMENT, AND LAW ENFORCEMENT MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 26: GLOBAL UAV BATTERY MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 27: GLOBAL UAV BATTERY MARKET, BY GEOGRAPHY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 28: NORTH AMERICA UAV BATTERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 29: NORTH AMERICA UAV BATTERY MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 30: LEADING PLAYERS OPERATING IN NORTH AMERICA UAV BATTERY MARKET

TABLE 31: EUROPE UAV BATTERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 32: EUROPE UAV BATTERY MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 33: LEADING PLAYERS OPERATING IN EUROPE UAV BATTERY MARKET

TABLE 34: ASIA-PACIFIC UAV BATTERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 35: ASIA-PACIFIC UAV BATTERY MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 36: LEADING PLAYERS OPERATING IN ASIA-PACIFIC UAV BATTERY MARKET

TABLE 37: REST OF WORLD UAV BATTERY MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 38: REST OF WORLD UAV BATTERY MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 39: LEADING PLAYERS OPERATING IN REST OF WORLD UAV BATTERY MARKET

TABLE 40: LIST OF MERGERS & ACQUISITIONS

TABLE 41: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 42: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: GLOBAL UAV BATTERY MARKET, GROWTH POTENTIAL, BY BATTERY TYPE, IN 2021

FIGURE 6: GLOBAL UAV BATTERY MARKET, BY LITHIUM-BASED, 2022-2030 (IN $ MILLION)

FIGURE 7: GLOBAL UAV BATTERY MARKET, BY NICKEL-BASED, 2022-2030 (IN $ MILLION)

FIGURE 8: GLOBAL UAV BATTERY MARKET, BY FUEL CELL, 2022-2030 (IN $ MILLION)

FIGURE 9: GLOBAL UAV BATTERY MARKET, GROWTH POTENTIAL, BY UAV TYPE, IN 2021

FIGURE 10: GLOBAL UAV BATTERY MARKET, BY FIXED-WING UAV, 2022-2030 (IN $ MILLION)

FIGURE 11: GLOBAL UAV BATTERY MARKET, MULTI-ROTOR UAV, 2022-2030 (IN $ MILLION)

FIGURE 12: GLOBAL UAV BATTERY MARKET, BY FIXED-WING VTOL (HYBRID) UAV, 2022-2030 (IN $ MILLION)

FIGURE 13: GLOBAL UAV BATTERY MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

FIGURE 14: GLOBAL UAV BATTERY MARKET, BY CONSUMER, 2022-2030 (IN $ MILLION)

FIGURE 15: GLOBAL UAV BATTERY MARKET, BY COMMERCIAL, 2022-2030 (IN $ MILLION)

FIGURE 16: GLOBAL UAV BATTERY MARKET, BY DEFENSE, GOVERNMENT, AND LAW ENFORCEMENT, 2022-2030 (IN $ MILLION)

FIGURE 17: NORTH AMERICA UAV BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 18: UNITED STATES UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 19: CANADA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 20: EUROPE UAV BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 21: UNITED KINGDOM UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 22: GERMANY UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 23: FRANCE UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 24: SPAIN UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 25: ITALY UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 26: NORDIC COUNTRIES UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 27: POLAND UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 28: REST OF EUROPE UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 29: ASIA-PACIFIC UAV BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 30: CHINA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 31: JAPAN UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 32: INDIA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 33: SOUTH KOREA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 34: INDONESIA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 35: THAILAND UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 36: VIETNAM UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 37: AUSTRALIA & NEW ZEALAND UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 38: REST OF ASIA-PACIFIC UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 39: REST OF WORLD UAV BATTERY MARKET, REGIONAL OUTLOOK, 2021 & 2030 (IN %)

FIGURE 40: LATIN AMERICA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 41: MIDDLE EAST & AFRICA UAV BATTERY MARKET, 2022-2030 (IN $ MILLION)

  1. MARKET BY BATTERY TYPE
    • LITHIUM-BASED UAV BATTERY
    • NICKEL-BASED UAV BATTERY
    • FUEL CELL
  2. MARKET BY UAV TYPE
    • FIXED-WING UAV
    • MULTI-ROTOR UAV
    • FIXED-WING VTOL (HYBRID) UAV
  3. MARKET BY END-USER
    • CONSUMER
    • COMMERCIAL
    • DEFENSE, GOVERNMENT, AND LAW ENFORCEMENT
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • SPAIN
        • ITALY
        • NORDIC COUNTRIES
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

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    Frequently Asked Questions (FAQs):

    What is the worth of the Asia-Pacific UAV battery market?

    The Asia Pacific UAV Battery market was valued at $1564.40 million in 2021.

    Which is the fastest-growing UAV type in the global UAV battery market?

    Rotary-wing is the fastest-growing UAV type in the global UAV battery market.

    Which is the fastest-growing battery type in the global UAV battery market?

    Lithium-based battery is the fastest-growing battery type in the global UAV battery market.

    To request a free sample copy of this report, please complete the form below:

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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