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Global Solar-powered UAV Market 2017-2021

Global Solar-powered UAV Market 2017-2021

About Solar-powered UAV

Unmanned aerial vehicles (UAVs) or drones are autonomous aircraft, which are remotely controlled from the ground or through onboard computers. Conventional UAVs are available in various sizes. While the large-sized ones, which are employed for tactical missions, are powered by internal combustion engines, smaller ones are mainly powered by electric motors. However, since the last decade, the advent of new technologies has led to the development of UAVs powered by photovoltaic cells, hydrogen fuel cells, and hybrid-electric propulsions engines. Solar-powered UAV platforms use photovoltaic panels to absorb energy from the sun and convert it into electrical energy to thrust the engines. The use of proton exchange membrane (PEM) fuel cell system in a solar-powered UAV allows it to achieve an uninterrupted flight for over six months. The Helios Prototype was one of the earliest solar-powered UAVs (developed by AeroVironment in 1999 with funding from the National Aeronautics and Space Administration (NASA)), which used PEM-based fuel system. Solar-powered UAVs find their applications in defense and commercial sectors.

Technavio’s analysts forecast the global solar-powered UAV market to grow at a CAGR of 12.65% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar-powered UAV market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Solar-powered UAV Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AeroVironment
  • Airbus
  • Alphabet
  • Facebook
  • Thales Group
Other prominent vendors
  • AC Propulsion
  • Boeing
  • DJI
  • Lockheed Martin
  • Silent Falcon UAS
  • Sunlight Photonics
Market driver
  • Focus on greater use of renewable energy sources
  • For a full, detailed list, view our report
Market challenge
  • Regulatory challenges with drone operations
  • For a full, detailed list, view our report
Market trend
  • Focus on greater use of renewable energy sources
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Solar-powered UAV Market 2017-2021

Technavio recognizes the following companies as the key players in the global solar-powered UAV market: AeroVironment, Airbus, Alphabet, Facebook, and Thales Group

Other Prominent Vendors in the market are: AC Propulsion, Boeing, DJI, Lockheed Martin, Silent Falcon UAS, and Sunlight Photonics.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of hybrid drones. Formerly, drones were driven using just one kind of propulsion system and fueled either by electricity, battery, or gasoline. Over time, advancements in the field of drones have led to the development of hybrid drones.”

According to the report, one of the major drivers for this market is Focus on greater use of renewable energy sources. For years, fossil fuels have known to be the best source of energy to drive any kind of engine or motor. Over time, their consumption levels have reached extremes, and they are currently experiencing threats of extinction. Therefore, several militaries and commercial agencies are focusing on the use of renewable energy or alternative energy derived from replenishable sources.

Further, the report states that one of the major factors hindering the growth of this market is Regulatory challenges with drone operations. The use of UAVs is primarily challenged by the various standards of governments and certain commercial aviation-governing agencies, which hamper their sales. Such regulations or standards often differ from region to region which, in turn, requires the development of customized products, thereby eliminating the use of standard products.

Companies Mentioned

AeroVironment, Airbus, Alphabet, Facebook, Thales Group, AC Propulsion, Boeing, DJI, Lockheed Martin, Silent Falcon UAS, and Sunlight Photonics.

  • Executive summary
  • Scope of the Report
  • Research methodology
  • Introduction
    • Market outline
  • Market Landscape
    • Market overview
      • Table Global-solar-powered UAV market: Overview
    • Global solar-powered UAV market
      • Table Global solar-powered UAV market 2016-2021 ($ millions)
      • Table Technical comparison between Solar Impulse 2 and traditional aircraft
      • Table Global solar-powered UAV market - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global solar-powered UAV market segmentation by end-user - 2016
      • Table Segmentation of global solar-powered UAV market by end-user 2016 (%)
    • Global solar-powered UAV market segmentation by end-user - 2021
      • Table Segmentation of global solar-powered UAV market by end-user 2021 (%)
    • Global solar-powered UAV market segmentation by end-user 2016-2021
      • Table Segmentation of global solar-powered UAV market by end-user 2016-2021 ($ millions)
    • Global defense solar-powered UAV market
      • Table Global defense solar-powered UAV market 2016-2021 ($ millions)
      • Table Global defense solar-powered UAV market - Year-over-year growth 2017-2021 (%)
    • Global commercial solar-powered UAV market
      • Table Global commercial solar-powered UAV market 2016-2021 ($ millions)
      • Table Global commercial solar-powered UAV market - Year-over-year growth 2017-2021 (%)
  • Regional landscape
    • Global solar-powered UAV market segmentation by region
      • Table Global - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Solar-powered UAV market in Americas
      • Table Solar-powered UAV market in Americas 2016-2021 ($ millions)
      • Table Solar-powered UAV market in Americas - Year-over-year growth 2017-2021 (%)
    • Solar-powered UAV market in EMEA
      • Table Solar-powered UAV market in EMEA 2016-2021 ($ millions)
      • Table Solar-powered UAV market in EMEA - Year-over-year growth 2017-2021 (%)
    • Solar-powered UAV market in APAC
      • Table Solar-powered UAV market in APAC 2016-2021 ($ millions)
      • Table Solar-powered UAV market in APAC - Year-over-year growth 2017-2021 (%)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages of using drones in agriculture
    • Market challenges
  • Market trends
    • Advancements in solar power technologies
    • Emergence of hybrid drones
    • Increasing deployment of UAVs in emerging nations
  • Vendor landscape
    • Competitive landscape
      • Table Major vendors of global solar-powered UAV market 2017
    • AeroVironment
      • Table AeroVironment: Business segmentation by revenue 2017 (%)
      • Table AeroVironment: Key UAV platforms
    • Airbus
      • Table Airbus: Business areas
      • Table Airbus: Geographical segmentation by revenue 2016 (%)
      • Table Airbus: Performance and capabilities of Zephyr
    • Alphabet
      • Table Alphabet: Geographical segmentation by revenue 2016 (%)
    • Facebook
      • Table Facebook: Geographical segmentation by revenue 2016 (%)
    • Thales Group
      • Table Thales Group: Business segmentation by revenue 2016 (%)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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