Unmanned Aerial Vehicle Battery Market will grow at a CAGR of +10% during the forecast period 2018-2023

Pune, India -- (SBWire) -- 02/07/2018 --At present, most UAVs rely on lithium polymer (Li-Po) or lithium-ion (Li-ion) batteries because of their high energy density and high charge and discharge rate capacity. However, the growing need for improved endurance in UAVs with enhanced flight range has propelled several UAV manufacturers to opt for solar technology as the primary source of power in UAVs. The UAV manufacturers are increasingly shifting towards the development of solar-powered UAV drone, which will positively aid in this market's growth during the forecast period. Such drones offer a sustainable way to provide goods and services to remote areas quickly and effectively, which is similar to satellites. Also, these solar-powered UAVs are being increasingly used in the agricultural sector for monitoring climate change and environmental effects and in delivery services.

Top Key Players:
Ballard Power Systems, Cella Energy, Denchi Power, Sion Power, Tadiran Batteries

Unmanned Aerial Vehicle Battery Market will grow at a CAGR of +10% during the forecast period 2018-2023

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It explains a detailed outline of the Unmanned Aerial Vehicle Battery Market depending on the important parameters. End users, products, regions, and many other segments are studied and explained. A brief idea of the driving forces which help make the market more flourishing is discussed in order to help the client understand the future market position. Estimated revenue growth in terms of volume with respect to the market for the upcoming years has been mentioned in depth.

The established vendors have a competitive edge in the market in terms of in-house manufacturing capabilities, product offerings, global footprint network, R&D investments, newer technologies, and the presence of a strong client base. Several factors such as global economic recovery, the growth in the aerospace and defense sector, and R&D investments have opened huge growth opportunities for the UAV manufacturers and their subsystems vendors to compete and grow in the market.

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On the basis of geographical regions, the Global Unmanned Aerial Vehicle Battery Market is segmented broadly into Latin America, Global, the Middle East and Africa, and Asia Pacific. The Global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Global are estimated to hold more than half of the market shares, collectively in coming years.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Unmanned Aerial Vehicle Battery Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.

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Table of Content:
Global Unmanned Aerial Vehicle Battery Market Research Report 2018-2023
Chapter 1 Unmanned Aerial Vehicle Battery Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region (2018-2023)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2023)