Scope of the Study
Unmanned Aerial Vehicle uses lithium Metal oxide batteries to reduce the size as well as the weight. This enables the vehicle to land safely due to system failure. The battery stores the power and then utilized during the flight of the UAV. The performance of a battery is measured with different parameters such as specific energy, charge rate, cycle life, and cost per kilowatt hour. Moreover, these batteries are made with carbon based anode, multi metal oxide cathode, organic electrolyte and shut down separator.
The market study is being classified by Type (Fuel cell, Lithium-ion, Nickel cadmium and Lithium polymer), by Application (Postal & Package Delivery, Health Care & Pharmacy, Retail & Food, Defence & Security and Agriculture) and major geographies with country level break-up.
Ballard Power Systems (Canada), Cella Energy Limited (United Kingdom), Denchi Power Limited (United Kingdom), Sion Power Corporation (United States), Tadiran Batteries (United States), OXIS Energy (United Kingdom), H3 Dynamics (Singapore), Ultracharge (Australia), MicroMultiCopter Aero Technology Co. Ltd. (China) and Hylium Industries INC (South Korea) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Aero technologies (Canada), ATL (United States), Intelligent Energy (United States) and Maxell (Japan).
The global UAV battery witnessing a rise in competitiveness among the companies. In terms of market share, these major players currently dominate the market. However, with increasing innovations in technology, many of the companies are increasing their market presence by securing new contracts and by tapping new markets. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global UAV Battery market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global UAV Battery market by Type, Application and Region.
On the basis of geography, the market of UAV Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising need of improved endurance and longer flight duration
- Lockdown imposed by government due to corona virus is leading to usage of UAV in various industries such as pharmacy, food and beverage and others
- Introduction of Fuel cell for UAV applications
- Usage of solar cells to power UAVs
- High discharge rate of battery may hamper the market
- High costs associated with battery as well as low payload capacity
- Increasing adoption of drones in military applications
- Growing defence expenditure by governments
- Upsurge in demand of drones in industries and applications
- Availability of alternative options
Market Leaders and their expansionary development strategies
On 31st May 2018, Ultracharge has completed the acquisition of evolutionary new cathode technology of ETV energy limited. The immediate markets of lithium ion battery includes aviation defense and power bikes
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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