The global solarpowered UAV market is expected to grow at a CAGR of around 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for UAVs in commercial applications such as agriculture, mining, and oil & gas exploration. The defense and military application segment is also expected to witness significant growth due to the increasing use of UAVs in surveillance missions and combat operations. The global solarpowered UAV market by type is segmented into fixed wing UAVs and multirotor UAVs. Fixed wing drones are more expensive than multirotor drones but they offer better flight performance with longer range capabilities. Multirotor drones are cheaper than fixed wing drones but they have shorter flight time due to their smaller battery capacity. The global solarpowered UAV market by application is segmented into commercial, defense and military, and others (agriculture). Commercial applications accounted for the largest share of the overall solarpowered drone market in 2018 owing to its wide-ranging usage across various industries such as agriculture, mining, oil & gas exploration etc, while defense & military applications accounted for a significant share owing to its increased use in surveillance missions and combat operations.
- The cost of solar panels has decreased significantly in recent years, making them more affordable for consumers.
- Solar-powered UAVs are a sustainable alternative to fossil fuels and other power sources that emit greenhouse gases into the atmosphere.
- Solar-powered UAVs can be used in remote areas where there is no access to electricity or fuel sources, such as disaster zones or rural communities without power grids.
- The use of solar-powered UAVs can help reduce the need for fossil fuels and other power sources that emit greenhouse gases into the atmosphere, which will help slow climate change and its effects on our environment and society as a whole.
- Solar-powered UAVs are an environmentally friendly way to fly drones without using any fuel at all, which means they have zero emissions when they're in flight.
Industry Growth Insights published a new data on “Solar-powered UAV Market”. The research report is titled “Solar-powered UAV Market research by Types (Fixed-wing UAV, Multiple-rotor UAV, Other), By Applications (Commercial, Defense and Military, Other), By Players/Companies Boeing, DJI, Lockheed Martin, Thales Group, Airbus, AeroVironment, Barnard Microsystems, Silent Falcon UAS, Sunlight Photonics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar-powered UAV Market Research Report
By Type
Fixed-wing UAV, Multiple-rotor UAV, Other
By Application
Commercial, Defense and Military, Other
By Companies
Boeing, DJI, Lockheed Martin, Thales Group, Airbus, AeroVironment, Barnard Microsystems, Silent Falcon UAS, Sunlight Photonics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Solar-powered UAV Market Report Segments:
The global Solar-powered UAV market is segmented on the basis of:
Types
Fixed-wing UAV, Multiple-rotor UAV, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Defense and Military, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boeing
- DJI
- Lockheed Martin
- Thales Group
- Airbus
- AeroVironment
- Barnard Microsystems
- Silent Falcon UAS
- Sunlight Photonics
Highlights of The Solar-powered UAV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed-wing UAV
- Multiple-rotor UAV
- Other
- By Application:
- Commercial
- Defense and Military
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar-powered UAV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A solar-powered UAV is an unmanned aerial vehicle that relies on solar energy to power its flight. Solar panels mounted on the aircraft convert sunlight into electrical energy that powers the aircraft's motors. This allows solar-powered UAVs to fly without any external fuel sources, making them a more environmentally friendly option than traditional manned aircraft
Some of the major players in the solar-powered uav market are Boeing, DJI, Lockheed Martin, Thales Group, Airbus, AeroVironment, Barnard Microsystems, Silent Falcon UAS, Sunlight Photonics.
The solar-powered uav market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar-powered UAV Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar-powered UAV Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar-powered UAV Market - Supply Chain
4.5. Global Solar-powered UAV Market Forecast
4.5.1. Solar-powered UAV Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar-powered UAV Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar-powered UAV Market Absolute $ Opportunity
5. Global Solar-powered UAV Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solar-powered UAV Market Size and Volume Forecast by Type
5.3.1. Fixed-wing UAV
5.3.2. Multiple-rotor UAV
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar-powered UAV Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solar-powered UAV Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Defense and Military
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar-powered UAV Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solar-powered UAV Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solar-powered UAV Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solar-powered UAV Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solar-powered UAV Demand Share Forecast, 2019-2026
9. North America Solar-powered UAV Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solar-powered UAV Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solar-powered UAV Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Defense and Military
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar-powered UAV Market Size and Volume Forecast by Type
9.7.1. Fixed-wing UAV
9.7.2. Multiple-rotor UAV
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solar-powered UAV Demand Share Forecast, 2019-2026
10. Latin America Solar-powered UAV Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solar-powered UAV Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solar-powered UAV Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Defense and Military
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar-powered UAV Market Size and Volume Forecast by Type
10.7.1. Fixed-wing UAV
10.7.2. Multiple-rotor UAV
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solar-powered UAV Demand Share Forecast, 2019-2026
11. Europe Solar-powered UAV Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solar-powered UAV Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solar-powered UAV Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Defense and Military
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar-powered UAV Market Size and Volume Forecast by Type
11.7.1. Fixed-wing UAV
11.7.2. Multiple-rotor UAV
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solar-powered UAV Demand Share, 2019-2026
12. Asia Pacific Solar-powered UAV Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solar-powered UAV Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solar-powered UAV Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Defense and Military
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar-powered UAV Market Size and Volume Forecast by Type
12.7.1. Fixed-wing UAV
12.7.2. Multiple-rotor UAV
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solar-powered UAV Demand Share, 2019-2026
13. Middle East & Africa Solar-powered UAV Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solar-powered UAV Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solar-powered UAV Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Defense and Military
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar-powered UAV Market Size and Volume Forecast by Type
13.7.1. Fixed-wing UAV
13.7.2. Multiple-rotor UAV
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solar-powered UAV Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar-powered UAV Market: Market Share Analysis
14.2. Solar-powered UAV Distributors and Customers
14.3. Solar-powered UAV Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boeing
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DJI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lockheed Martin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thales Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Airbus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AeroVironment
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Barnard Microsystems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Silent Falcon UAS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sunlight Photonics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook