Global Solar-powered UAV Market 2020-2024

Global Solar-powered UAV Market 2020-2024

Technavio has been monitoring the solar-powered UAV market and it is poised to grow by $ 485.46 mn during 2020-2024 progressing at a CAGR of 10% during the forecast period. Our reports on solar-powered UAV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the focus on greater use of renewable energy sources and demand for long-endurance air vehicles. In addition, focus on greater use of renewable energy sources is anticipated to boost the growth of the market as well.

The solar-powered UAV market analysis include end-user segment and geographic landscapes

Technavio's solar-powered UAV market is segmented as below:

By End-user

  • Defense
  • Commercial
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies the increasing use of drones in commercial and civil applications as one of the prime reasons driving the solar-powered UAV market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our solar-powered UAV market covers the following areas:
  • Solar-powered UAV market sizing
  • Solar-powered UAV market forecast
  • Solar-powered UAV market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar-powered UAV market vendors that include AeroVironment Inc., Airbus SE, BAE Systems Plc, Barnard Microsystems Ltd., Bye Aerospace Inc., Ocean Aero, Sunbirds SAS, Sunlight Aerospace, Thales Group, and The Boeing Co.. Also, the solar-powered UAV market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Aerospace and defense
      • Inputs
      • Inbound logistics:
      • Operations:
      • Marketing and sales
      • Aftermarket and service
      • Industry innovation
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Technical comparison between Solar Impulse 2 and traditional aircraft
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End user - Market share 2019-2024 (%)
    • Comparison by End user
      • Table Comparison by End user
    • Defense - Market size and forecast 2019-2024
      • Table Defense - Market size and forecast 2019-2024 ($ million)
      • Table Defense - Market size and forecast 2019-2024 ($ million) exclusive of COVID- 19 Impact
      • Table Defense - Year-over-year growth 2019-2024 (%)
    • Commercial - Market size and forecast 2019-2024
      • Table Commercial - Market size and forecast 2019-2024 ($ million)
      • Table Commercial - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Commercial - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End user
      • Table Market opportunity by End user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Focus on greater use of renewable energy sources
      • Increasing use of drones in commercial and civil applications
      • Demand for long-endurance air vehicles
    • Market challenges
      • Regulatory challenges with drone operations
      • Operational difficulties
      • Termination of projects
        • Table Impact of drivers and challenges
    • Market trends
      • Advancements in solar power technologies
      • Emergence of hybrid drones
      • Increasing deployment of UAVs in emerging nations
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AeroVironment Inc.
      • Table AeroVironment Inc. - Overview
      • Table AeroVironment Inc. - Business segments
      • Table AeroVironment Inc. – Key news
      • Table AeroVironment Inc. - Key offerings
      • Table AeroVironment Inc. - Segment focus
    • Airbus SE
      • Table Airbus SE - Overview
      • Table Airbus SE - Business segments
      • Table Airbus SE – Key news
      • Table Airbus SE - Key offerings
      • Table Airbus SE - Segment focus
    • BAE Systems Plc
      • Table BAE Systems Plc - Overview
      • Table BAE Systems Plc - Business segments
      • Table BAE Systems Plc – Key news
      • Table BAE Systems Plc - Key offerings
      • Table BAE Systems Plc - Segment focus
    • Barnard Microsystems Ltd.
      • Table Barnard Microsystems Ltd. - Overview
      • Table Barnard Microsystems Ltd. - Product and service
      • Table Barnard Microsystems Ltd. – Key news
      • Table Barnard Microsystems Ltd. - Key offerings
    • Bye Aerospace Inc.
      • Table Bye Aerospace Inc. - Overview
      • Table Bye Aerospace Inc. - Product and service
      • Table Bye Aerospace Inc. – Key news
      • Table Bye Aerospace Inc. - Key offerings
    • Ocean Aero
      • Table Ocean Aero - Overview
      • Table Ocean Aero - Product and service
      • Table Ocean Aero - Key offerings
    • Sunbirds SAS
      • Table Sunbirds SAS - Overview
      • Table Sunbirds SAS - Product and service
      • Table Sunbirds SAS - Key offerings
    • Sunlight Aerospace
      • Table Sunlight Aerospace - Overview
      • Table Sunlight Aerospace - Product and service
      • Table Sunlight Aerospace - Key offerings
    • Thales Group
      • Table Thales Group - Overview
      • Table Thales Group - Business segments
      • Table Thales Group – Key news
      • Table Thales Group - Key offerings
      • Table Thales Group - Segment focus
    • The Boeing Co.
      • Table The Boeing Co. - Overview
      • Table The Boeing Co. - Business segments
      • Table The Boeing Co. – Key news
      • Table The Boeing Co. - Key offerings
      • Table The Boeing Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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