Europe Uav Battery Market Forecast 2022-2030
Description
Europe Uav Battery Market Forecast 2022-2030
KEY FINDINGS
The Europe UAV battery market is estimated to project a 15.51% CAGR during the forecast period, 2022 to 2030. The rising demand for long-range and long-endurance battery systems and significant investments in fuel cell and solar power R&D propel the market growth.
MARKET INSIGHTS
The Europe UAV battery market growth estimations entail the analysis of Italy, Germany, Spain, France, Nordic Countries, Poland, United Kingdom, and Rest of Europe. Several UAV companies in France are working toward developing cutting-edge UAV technologies and investing heavily in the UAV battery sector to overcome range and endurance challenges. Applications such as mapping, precision agriculture, aerial surveillance, etc., produce lucrative opportunities in the France market. These applications also demand battery options to achieve operational efficacy.
Furthermore, agriculture, energy, e-commerce, mobility, entertainment, and security are a few of the diverse uses of UAVs in Spain, including homeland security for aerial and underwater surveillance. In January 2022, Spain formally approved a $3.5 billion budget for its role in developing, manufacturing, and supporting a European medium-altitude, long-endurance drone. Therefore, government investments in the Spain UAV market are anticipated to further accelerate the market growth of UAV batteries.
On the other hand, Italy announced its plans in September 2021 to arm its reaper drones. Rome’s detailed plan of spending $69 million over the next seven years on the project added to the total outlay, raising it to €168 million. Moreover, local police in Italy have permitted drones to monitor citizens’ movements during the coronavirus pandemic. These developments, sponsored by the Italian government, are expected to boost the growth of the Italy UAV battery market.
COMPETITIVE INSIGHTS
Some key market players include BAE Systems, Thales Group, Intelligent Energy, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
KEY FINDINGS
The Europe UAV battery market is estimated to project a 15.51% CAGR during the forecast period, 2022 to 2030. The rising demand for long-range and long-endurance battery systems and significant investments in fuel cell and solar power R&D propel the market growth.
MARKET INSIGHTS
The Europe UAV battery market growth estimations entail the analysis of Italy, Germany, Spain, France, Nordic Countries, Poland, United Kingdom, and Rest of Europe. Several UAV companies in France are working toward developing cutting-edge UAV technologies and investing heavily in the UAV battery sector to overcome range and endurance challenges. Applications such as mapping, precision agriculture, aerial surveillance, etc., produce lucrative opportunities in the France market. These applications also demand battery options to achieve operational efficacy.
Furthermore, agriculture, energy, e-commerce, mobility, entertainment, and security are a few of the diverse uses of UAVs in Spain, including homeland security for aerial and underwater surveillance. In January 2022, Spain formally approved a $3.5 billion budget for its role in developing, manufacturing, and supporting a European medium-altitude, long-endurance drone. Therefore, government investments in the Spain UAV market are anticipated to further accelerate the market growth of UAV batteries.
On the other hand, Italy announced its plans in September 2021 to arm its reaper drones. Rome’s detailed plan of spending $69 million over the next seven years on the project added to the total outlay, raising it to €168 million. Moreover, local police in Italy have permitted drones to monitor citizens’ movements during the coronavirus pandemic. These developments, sponsored by the Italian government, are expected to boost the growth of the Italy UAV battery market.
COMPETITIVE INSIGHTS
Some key market players include BAE Systems, Thales Group, Intelligent Energy, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
140 Pages
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increased Demand For Uavs Across Various Applications
- 3.1.2. Innovations In Battery Technology
- 3.1.3. Need For Increased Flight Time & Payload
- 3.1.4. Increasing R&D Investments In Drones & Adjacent Industry
- 3.2. Key Restraints
- 3.2.1. Transport Regulations On Uav Battery
- 3.2.2. Heat & Fire Issues (Thermal Runaway)
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Uav Battery Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 4.7. Regulatory Framework
- 5. Market By Battery Type
- 5.1. Lithium-based Uav Battery
- 5.2. Nickel-based Uav Battery
- 5.3. Fuel Cell
- 6. Market By Uav Type
- 6.1. Fixed-wing Uav
- 6.2. Multi-rotor Uav
- 6.3. Fixed-wing Vtol (Hybrid) Uav
- 7. Market By End-user
- 7.1. Consumer
- 7.2. Commercial
- 7.3. Defense, Government, And Law Enforcement
- 8. Geographical Analysis
- 8.1. Europe
- 8.1.1. Market Size & Estimates
- 8.1.2. Key Growth Enablers
- 8.1.3. Key Challenges
- 8.1.4. Key Players
- 8.1.5. Country Analysis
- 8.1.5.1. United Kingdom
- 8.1.5.2. Germany
- 8.1.5.3. France
- 8.1.5.4. Spain
- 8.1.5.5. Italy
- 8.1.5.6. Nordic Countries
- 8.1.5.7. Poland
- 8.1.5.8. Rest Of Europe
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Business Expansions & Divestitures
- 9.2. Company Profiles
- 9.2.1. Doosan
- 9.2.2. Eagle-picher Technologies
- 9.2.3. Epsilor
- 9.2.4. Hes Energy Systems
- 9.2.5. Intelligent Energy
- 9.2.6. Inventus Power
- 9.2.7. Plug Power
- 9.2.8. Rrc Power Solutions
- 9.2.9. Shenzhen Grepow Battery
- 9.2.10. Sion Power
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