Aerospace Industry Today

Solar-powered UAV Market to Set Phenomenal Growth by key players Sunbirds, Sunlight Photonics Inc., Thales Group, Alphabet Inc.

Keep yourself up-to-date with latest market trends and maintain a competitive edge by sizing up with available business opportunity in Solar-powered UAV Market various segments and emerging territory.
Published 04 December 2023

Latest business intelligence report released on Global Solar-powered UAV Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Solar-powered UAV market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:

AeroVironment, Inc. (United States), Airbus SE (France), Facebook, Inc. (United States), Silent Falcon UAS Technologies (United States), Sunbirds (France), Sunlight Photonics Inc. (United States), Thales Group (France), Alphabet Inc. (United States), Lockheed Martin Corporation (United States), AC Propulsion (United States),

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Brief Overview on Solar-powered UAV:

Solar powered unmanned aerial vehicles are defined as the airborne vehicles which mainly utilize solar energy for propulsion. It is also known as solar-powered drones or solar powered UAVs. These types of vehicles are piloted by operators and it is controlled by remote or autonomously by onboard computers. Increasing usage of solar powered unnamed aerial vehicles in various applications such as defense, commercial, military, civil, among others is propelling the growth of the market.

Key Market Trends:

Technological Advancements Surfacing in Hydrogen Fuel Cell, Photovoltaic Cell, Hybrid Propulsion System, among others

Rising Demand for Targeting advanced application Enhancements in the Machinery, Such As HD Imaging, Communication Networks, Thermal Imaging, among others

Opportunities:

Rising Demand from Emerging Economics Such as China and India

Market Growth Drivers:

Increasing Usage of Renewable Energy Sources Worldwide

Rising Demand for Improved Flight Range alongside Enhanced Endurance

Challenges:

Lack of Trained Professionals and Pilots to Manage the Functions

Segmentation of the Global Solar-powered UAV Market:

by Type (Fixed-wing UAV, Multiple-rotor UAV, Other), Application (Defense, Commercial, Military, Civil), Component (Propulsion System, Airframe, Guidance Navigation & Control System, Payload)

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Geographically, the following regions together with the listed national/local markets are fully investigated:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

North America (U.S., Canada, and Mexico)

South America (Brazil, Chile, Argentina, Rest of South America)

MEA (Saudi Arabia, UAE, South Africa)

Summarized Extracts from TOC of Global Solar-powered UAV Market Study

Chapter 1: Exclusive Summary of the Solar-powered UAV market

Chapter 2: Objective of Study and Research Scope the Solar-powered UAV market

Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis

Chapter 4: Market Segmentation by Type, End User and Region/Country 2023-2028

Chapter 5: Decision Framework

Chapter 6: Market Dynamics- Drivers, Trends and Challenges

Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 8: Appendix, Methodology and Data Source

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