Global Fuel Cells for Military Unmanned Aerial Vehicle (UAV) Market 2017-2021
About Fuel Cells for Military Unmanned Aerial Vehicle (UAV)
Military UAV fuel cells are of different kinds, and they are deployed for various operations. The most prominent types of fuel cells used in military UAVs are proton exchange membrane fuel cells (PEMFCs), solid oxide fuel cells (SOFC), and alkaline fuel cells. Also, intense research is ongoing on leveraging these technologies on different UAV platforms, such as micro and mini UAVs. PEMFCs are used in medium-altitude long endurance (MALE) and high-altitude long endurance (HALE) UAVs as their operating temperature lies between 30°C and 100°C.
Technavio’s analysts forecast the global fuel cells for military unmanned aerial vehicle (UAV) market to grow at a CAGR of 14.32% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cells for military unmanned aerial vehicle (UAV) market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fuel Cells for Military Unmanned Aerial Vehicle (UAV) Market 2017-2021
Technavio recognizes the following companies as the key players in the global fuel cells for military unmanned aerial vehicle (UAV) market: EnergyOR Technologies, Horizon Fuel Cell Technologies, MicroMultiCopter Aero Technology, Protonex, and Ultra Electronics.
Other Prominent Vendors in the market are: Jadoo Power System.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of Formira Hydrogen-on-Demand technology. The Formira Hydrogen-On-Demand technology synthesizes hydrogen from liquid formic acid, which is a safe source for the process. In this process, formic acid is transferred from the tank to a reformer, where hydrogen is generated. The hydrogen produced is instantly consumed by the stack.”
According to the report, one driver in the market is high investment in military unmanned aircraft domain. Various public bodies around the world are investing heavily in the defense sector to ensure that it has adequate technological capabilities and advanced vehicles to combat any foreign threats. This has attracted many countries to sign agreements that involve procurement of sophisticated vehicles and ammunitions. The continuous improvement in technology and involvement from various industry leaders have made the development of fuel cells for UAV successful.
Further, the report states that one challenge in the market is decline in prices of non-renewable resources. Majority of the vehicles use petroleum-based products as a fuel. UAVs usually use kerosene jet fuel for their propulsion. Petrol and petroleum-based products are non-renewable and are limited in nature. These are usually imported from areas where there is a surplus of oil reserves. In comparison to other petroleum products, access to kerosene is comparatively easier. It is available in many fueling stations around the world as all aircraft use the same type of fuel for its operations.
EnergyOR Technologies, Horizon Fuel Cell Technologies, MicroMultiCopter Aero Technology, Protonex, Ultra Electronics, Jadoo Power System.
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