NORTH AMERICA UAV BATTERY MARKET 2022-2028

Aerospace & Defense | Defense

NORTH AMERICA UAV BATTERY MARKET 2022-2028

Market by Product Type, UAV Model, Industry Vertical, and Country Outlook | Forecast 2022-2028

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Triton’s research report estimates the UAV battery market in North America to progress with a compound annual growth rate of 17.54% during the forecasted period 2022-2028.




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The countries in the region consist of:

•         The United States

•         Canada

The United States leads in the UAV battery market with the highest revenue share. Several leading UAV manufacturers are operating in the region, leading to high revenue generation. This also creates intense competition, compelling companies to innovate their product offering in the region. Companies like General Atomics Aeronautical have enabled the high demand for UAV batteries across the US and Canada. Hence, these factors are expected to elevate the UAV battery market’s scope over the upcoming years.

The United States leads in the UAV sector along with its adjacent domains. However, the entry of countries like China and India has challenged the country’s dominance to a large extent. Nevertheless, the market players are expanding their operations, generating opportunities for the US UAV battery market.

Furthermore, the development of UAVs with new technologies has led to their high demand in the defense industry. Additionally, numerous companies are the string to enter the commercial UAV sector. For instance, the FAA and congress are under pressure to change drone regulations owing to Amazon’s ongoing testing of UAVs for delivery. In the near future, drones are expected to be advantageous for e-commerce companies, along with agriculture and disaster management firms. Therefore, as stated above, these factors are majorly supporting the development of the UAV battery market across the United States.

Rotary wing UAVs comprise rotor blades that revolve around a fixed mast. Since rotor blades are in motion, a forward motion of the UAV is not required to generate the lift. Moreover, depending on the application or payload, they use more than one rotor. They are widely used for aerial photography offering great control over positioning and framing. The market’s growth is assessed based on the UAV model, industry vertical, and product type. The UAV model segment is divided into rotary-wing, fixed-wing VTOL (hybrid), and fixed-wing.

Sion Power, Inventus Power, Epsilor, Doosan Corporation, and Shenzhen Grepow Battery are among the major companies mentioned in the UAV battery market.

Sion Power is a privately held corporation that emerged as Moltech in 1989. The company provides lithium batteries for various applications, such as energy storage systems, electric mobilities, and aerospace. Among its product line, Licerion Technology is one of the most popularly used rechargeable battery technologies. Sion Power has operations across the globe, with headquarters located in the United States.


Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·      Comprehensive information and estimation of the UAV battery market revenue growth in North America and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

·       A wide-ranging study of factors that will challenge the NA UAV battery market’s growth during the upcoming years

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Table of Content

1. NORTH AMERICA UAV BATTERY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE UAV BATTERY MARKET

2.2. KEY INSIGHTS

2.2.1. ADVANCEMENTS IN FUEL CELL TECHNOLOGY

2.2.2. MILITARY INVESTMENTS AND INITIATIVES IN THE UAV SECTOR

2.2.3. POPULARITY OF DRONES IN THE COMMERCIAL INDUSTRY

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. REGULATORY FRAMEWORK

2.7.1. U.S. REGULATION

2.7.2. OTHER INTERNATIONAL REGULATIONS:

2.8. KEY MARKET STRATEGIES

2.8.1. ACQUISITIONS

2.8.2. PRODUCT LAUNCHES

2.8.3. INVESTMENTS & EXPANSIONS

2.9. MARKET DRIVERS

2.9.1. DEVELOPMENTS IN SMART BATTERY TECHNOLOGY

2.9.2. ONGOING RESEARCH AND DEVELOPMENTS IN UAV AND ADJACENT INDUSTRIES

2.9.3. GROWING NEED FOR LONG-RANGE UAVS WITH HIGH PAYLOAD CAPACITY

2.10. MARKET CHALLENGES

2.10.1. ISSUES DUE TO THERMAL RUNAWAY

2.10.2. REGULATIONS AGAINST TRANSPORT OF UAV BATTERIES

2.11. MARKET OPPORTUNITIES

2.11.1. ADOPTION OF UAVS ACROSS VARIOUS SECTORS

2.11.2. INNOVATIONS IN WIRELESS CHARGING TECHNOLOGY

3. NORTH AMERICA UAV BATTERY MARKET OUTLOOK - BY PRODUCT TYPE

3.1. LITHIUM-BASED

3.2. NICKEL-BASED

3.3. FUEL CELL

4. NORTH AMERICA UAV BATTERY MARKET OUTLOOK - BY UAV MODEL

4.1. FIXED-WING

4.2. ROTARY-WING

4.3. FIXED-WING VTOL (HYBRID)

5. NORTH AMERICA UAV BATTERY MARKET OUTLOOK - BY INDUSTRY VERTICAL

5.1. CONSUMER

5.2. COMMERCIAL

5.3. DEFENSE, GOVERNMENT, & LAW ENFORCEMENT

6. NORTH AMERICA UAV BATTERY MARKET - COUNTRY OUTLOOK

6.1. UNITED STATES

6.2. CANADA

7. COMPETITIVE LANDSCAPE

7.1. PLUG POWER

7.2. INTELLIGENT ENERGY

7.3. HES ENERGY SYSTEMS

7.4. RRC POWER SOLUTIONS

7.5. SION POWER

7.6. EAGLE PICHER TECHNOLOGIES

7.7. INVENTUS POWER

7.8. SHENZHEN GREPOW BATTERY

7.9. EPSILOR

7.10. DOOSAN CORPORATION

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: NORTH AMERICA UAV BATTERY MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF ACQUISITIONS

TABLE 4: LIST OF PRODUCT LAUNCHES

TABLE 5: LIST OF INVESTMENTS & EXPANSIONS

TABLE 6: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY UAV MODEL, 2022-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA UAV BATTERY MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 3: NORTH AMERICA UAV BATTERY MARKET, BY LITHIUM-BASED, 2022-2028 (IN $ MILLION)

FIGURE 4: NORTH AMERICA UAV BATTERY MARKET, BY NICKEL-BASED, 2022-2028 (IN $ MILLION)

FIGURE 5: NORTH AMERICA UAV BATTERY MARKET, BY FUEL CELL, 2022-2028 (IN $ MILLION)

FIGURE 6: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY UAV MODEL, 2021 & 2028 (IN %)

FIGURE 7: NORTH AMERICA UAV BATTERY MARKET, BY FIXED-WING, 2022-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA UAV BATTERY MARKET, BY ROTARY-WING, 2022-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA UAV BATTERY MARKET, BY FIXED-WING VTOL (HYBRID), 2022-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA UAV BATTERY MARKET, OUTLOOK BY INDUSTRY VERTICAL, 2021 & 2028 (IN %)

FIGURE 11: NORTH AMERICA UAV BATTERY MARKET, BY CONSUMER, 2022-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA UAV BATTERY MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA UAV BATTERY MARKET, BY DEFENSE, GOVERNMENT, & LAW ENFORCEMENT, 2022-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA UAV BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 15: UNITED STATES UAV BATTERY MARKET 2022-2028 (IN $ MILLION)

FIGURE 16: CANADA UAV BATTERY MARKET 2022-2028 (IN $ MILLION)

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