Drone Battery Industry Analysis in East Asia
Study on Drone Batteries in East Asia by Mini Quad, Micro Quad, and Commercial/Industrial from 2024 to 2034
Analysis of Drone Battery Covering Countries Including Analysis of China, Japan, and South Korea
Drone Battery Sales Outlook for East Asia (2024 to 2034)
As per a newly published research report by Fact.MR, sales of drone batteries in East Asia are estimated at US$ 1.29 billion in 2024. The market is projected to expand rapidly at a CAGR of 7.9% and reach a value of US$ 2.76 billion by the end of 2034.
Growing use of drones in several industries, including construction entertainment, surveillance, and agriculture, is predicted to stimulate the demand for high-performance and more efficient batteries. Ongoing technological advancements in battery technology, including longer flight times, energy density, lightweight, and faster charging are forecasted to increase their demand.
Government regulations and policies are set to encourage the adoption of drones for commercial purposes, which are supporting their demand, subsequently fueling the sales of drone batteries as well. Increased investments in R&D activities by public as well as private sectors to address safety concerns and improve drone battery capabilities are positively impacting market growth.
In recent years, a noteworthy increase in the demand for unmanned aerial vehicles (UAVs), such as drones for several applications, including parcel delivery, surveillance, photography, etc., has been positively impacting the sales of drone batteries in the region.
| Report Attributes | Details |
|---|---|
| Drone Battery Sales in East Asia (2024E) | US$ 1.29 Billion |
| Projected Sales (2034F) | US$ 2.76 Billion |
| Demand Growth (2024 to 2034) | 7.9% CAGR |
| Sales in Japan (2024E) | US$ 310.9 Million |
| Demand Growth in China (2024 to 2034) | 8% CAGR |
| Demand Growth in South Korea (2024 to 2034) | 7.1% CAGR |
| Market Share of Below 3,000 mAh Drone Batteries (2024E) | >53% |
| Key Companies Profiled |
|
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What Will Drive Demand for Drone Batteries in East Asia?
“Growing Demand for UAVs Positively Influencing Sales of Drone Batteries”
Drones equipped with cameras of high resolutions are used extensively in the film industry, tourism, real estate, and advertising for capturing stunning videos and serial imagery. These applications increase demand for batteries with higher capabilities, longer flight times, and reliable power sources.
Private security firms, law enforcement agencies, and governments use drones for monitoring borders, surveillance purposes, critical infrastructure, disaster areas, and public events. Enhanced battery performance is projected to allow drones to operate for longer periods, contributing to increased sales of more effective drone batteries.
Several companies are adopting drones for last-mile delivery of packages and goods. Effective drone batteries are pivotal for maintaining flight stability and payload capacity. Further, drones equipped with specialized cameras and sensors aid in crop monitoring, precision agriculture, and environmental assessment. Long-lasting batteries are vital for these drones to cover remote areas or extensive farmlands, thus collecting data efficiently.
Extensive application of drones in several industries along with an increased demand for UAVs with high-capacity, long-lasting, and efficient features is forecasted to stimulate the demand for batteries going forward. This is projected to positively influence innovation and development in the market, compelling manufacturers to enhance battery technology to match the evolving requirements of the UAV industry.
Country-wise Insights
Why is Demand for Drone Batteries High in China?
“Rapid Advancements in Drone Technology”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 834.4 Million |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 1.8 Billion |
Manufacturers and engineers are constantly working to optimize drone designs while making them more lightweight and aerodynamic. In addition, advancements taking place in propulsion systems, including the production of more efficient propellers and motors, are predicted to contribute to the longer flight time of drones. Further, drones equipped with these advancements are predicted to stay airborne for longer periods, generating demand for batteries with improved energy density to sustain these long flights.
With these advancements, drones can carry heavier sensors, equipment, etc. For longer flight duration. Therefore, growing payload capacity stimulates demand for powerful batteries in China to offer sufficient power for additional payload and drone propulsion.
What’s Allowing Suppliers of Drone Batteries to Thrive in Japan?
“Increasing Inclination to Recreational Use of Drones”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 310.9 Million |
| Growth Rate (2024 to 2034) | 7.7% CAGR |
| Projected Value (2034F) | US$ 655 Million |
Drones, which are equipped with high-resolution cameras, are becoming popular among videographers and photography enthusiasts in Japan. More consumers are adopting drones to capture stunning aerial shots, whether for social media content creation, personal use, or professional photography services. Thus, this rising demand for capturing some unique perspectives is forecasted to generate demand for longer-lasting and reliable drone batteries to sustain longer filming and photography sessions.
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Category-wise Insights
Why are LiPo Batteries Adopted More than Other Available Options?
“Growing Adoption of LiPo (Lithium Polymer) Batteries Due to High Performance and Reliability”
| Attribute | LiPo Batteries |
|---|---|
| Segment Value (2024E) | US$ 971.2 Million |
| Growth Rate (2024 to 2034) | 8.7% CAGR |
| Projected Value (2034F) | US$ 2.23 Billion |
A noteworthy growth in the drone market in East Asia is predicted to lead to the rising adoption of drone batteries. Drones are used extensively in several industrial and commercial applications. Rising use of drones in surveillance, aerial photography, agriculture, and others is forecasted to propel the demand for high-performance and reliable batteries, especially LiPo batteries.
Why is There High Demand for Commercial Drone Batteries?
“Extensive Adoption of Commercial Drones in Several Applications”
| Attribute | Commercial Drone Batteries |
|---|---|
| Segment Value (2024E) | US$ 947.7 Million |
| Growth Rate (2024 to 2034) | 8.6% CAGR |
| Projected Value (2034F) | US$ 2.16 Billion |
Fact.MR, a market research and competitive intelligence provider, in its newly published study, states that drones are used extensively in several industries, including construction, agriculture, surveillance, cinematography, logistics, and more. With this increasing application of drones, a parallel increase in the demand for effective batteries is also experienced. In addition, advancements in drone technology are forecasted to result in the development of more efficient drone batteries with longer flight duration.
Competition Landscape
Prominent manufacturers of drone batteries in East Asia are spending at a significant rate for efficient management of supply chain systems, new product development, quality control, etc. Key companies operating in the market in East Asia are DJI, Grepow Battery, Tattu, Turnigy, Acecore Technologies, and Thunder Power RC.
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Segmentation of Drone Battery Study in East Asia
-
By Drone Type :
- Mini Quad
- Micro Quad
- Commercial/Industrial
-
By Battery Chemistry :
- NiCad
- NiMH
- LiPo
-
By Battery Capacity :
- Below 3,000 mAh
- 3,000 to 5,000 mAh
- 5,001 mAh to 10,000 mAh
- Above 10,000 mAh
-
By Country :
- China
- Japan
- South Korea
Table of Content
1. East Asia Industry - Executive Summary 1.1. East Asia Industry Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. East Asia Industry Overview 2.1. Industry Coverage / Taxonomy 2.2. Industry Introduction and Definition 3. Industry Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.2.1. Change in Demand 3.1.2.2. Before and After COVID-19 Crisis (Projected) 3.1.2.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.2.4. Change in Demand Post-Recovery Period (After Each Crisis) 3.1.3. Impact on Industry and Value (US$ Mn) 3.1.3.1. Likely Loss of Value in 2023 3.1.3.2. Mid-term and Long-term Forecasts 3.1.3.3. Quarter by Quarter Demand and Recovery Assessment 3.1.4. Anticipated Demand and Value Recovery Curve 3.1.4.1. Likelihood of U-Shape Recovery 3.1.4.2. Likelihood of L-Shape Recovery 3.1.5. Recovery Period Assessment by Key Countries 3.1.6. Recovery Assessment by Key Industry Segments 3.1.7. Action Points and Recommendations for Suppliers 3.1.8. Impact on Trade Balance 3.2. Key Trends Impacting the Industry 3.3. Formulation and Source Development Trends 4. Industry Background and Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Drone Battery 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Industry Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. East Asia Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034 5.1. Historical Industry Value (US$ Mn) Analysis, 2018 to 2023 5.2. Current and Future Industry Value (US$ Mn) Projections, 2024 to 2034 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Drone Type 6.1. Introduction / Key Findings 6.2. Historical Industry Value (US$ Mn) Analysis By Drone Type, 2018 to 2023 6.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Drone Type, 2024 to 2034 6.3.1. Mini Quad 6.3.2. Micro Quad 6.3.3. Commercial/Industrial 6.3.4. Others 6.4. Industry Attractiveness Analysis By Drone Type 7. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Battery Chemistry 7.1. Introduction / Key Findings 7.2. Historical Industry Value (US$ Mn) Analysis By Battery Chemistry, 2018 to 2023 7.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Battery Chemistry, 2024 to 2034 7.3.1. NiCad 7.3.2. NiMH 7.3.3. LiPo 7.3.4. Others 7.4. Industry Attractiveness Analysis By Battery Chemistry 8. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Battery Capacity 8.1. Introduction / Key Findings 8.2. Historical Industry Value (US$ Mn) Analysis By Battery Capacity, 2018 to 2023 8.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Battery Capacity, 2024 to 2034 8.3.1. Below 3,000 mAh 8.3.2. 3,000 to 5,000 mAh 8.3.3. 5,001 mAh to 10,000 mAh 8.3.4. Above 10,000 mAh 8.4. Industry Attractiveness Analysis By Battery Capacity 9. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country 9.1. Introduction / Key Findings 9.2. Historical Industry Value (US$ Mn) Analysis By Country, 2018 to 2023 9.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Country, 2024 to 2034 9.3.1. China 9.3.2. Japan 9.3.3. South Korea 9.4. Industry Attractiveness Analysis By Country 10. China Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Industry Value (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 10.3. Industry Value (US$ Mn) Forecast By Industry Taxonomy, 2024 to 2034 10.3.1. By Drone Type 10.3.2. By Battery Chemistry 10.3.3. By Battery Capacity 10.4. Industry Attractiveness Analysis 10.4.1. By Drone Type 10.4.2. By Battery Chemistry 10.4.3. By Battery Capacity 11. Japan Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 11.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 11.3.1. By Drone Type 11.3.2. By Battery Chemistry 11.3.3. By Battery Capacity 11.4. Industry Attractiveness Analysis 11.4.1. By Drone Type 11.4.2. By Battery Chemistry 11.4.3. By Battery Capacity 12. South Korea Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 12.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 12.3.1. By Drone Type 12.3.2. By Battery Chemistry 12.3.3. By Battery Capacity 12.4. Industry Attractiveness Analysis 12.4.1. By Drone Type 12.4.2. By Battery Chemistry 12.4.3. By Battery Capacity 13. Industry Structure Analysis 13.1. Industry Analysis by Tier of Companies 13.2. Industry Concentration 13.3. Industry Share Analysis of Top Players 13.4. Industry Presence Analysis 14. Competition Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Competition Deep Dive 14.4. DJI 14.4.1. Company Overview 14.4.2. Source overview 14.4.3. SWOT Analysis 14.4.4. Key Developments 14.5. Grepow Battery 14.5.1. Company Overview 14.5.2. Source overview 14.5.3. SWOT Analysis 14.5.4. Key Developments 14.6. Tattu 14.6.1. Company Overview 14.6.2. Source overview 14.6.3. SWOT Analysis 14.6.4. Key Developments 14.7. Turnigy 14.7.1. Company Overview 14.7.2. Source overview 14.7.3. SWOT Analysis 14.7.4. Key Developments 14.8. Acecore Technologies 14.8.1. Company Overview 14.8.2. Source overview 14.8.3. SWOT Analysis 14.8.4. Key Developments 14.9. Thunder Power RC 14.9.1. Company Overview 14.9.2. Source overview 14.9.3. SWOT Analysis 14.9.4. Key Developments 15. Assumptions and Acronyms Used 16. Research Methodology
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List Of Table
Table 1: East Asia Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 2: East Asia Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 3: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 4: East Asia Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 5: East Asia Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 6: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 7: East Asia Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 8: East Asia Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 9: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 10: East Asia Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 11: East Asia Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: China Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 14: China Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 15: China Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 16: China Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 17: China Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 18: China Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 19: China Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 20: China Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 21: China Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 22: Japan Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 23: Japan Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 24: Japan Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 25: Japan Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 26: Japan Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 27: Japan Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 28: Japan Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 29: Japan Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 30: Japan Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 31: South Korea Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 32: South Korea Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 33: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 34: South Korea Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 35: South Korea Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 36: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 37: South Korea Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 38: South Korea Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 39: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
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List Of Figures
Figure 1: East Asia Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 2: East Asia Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: East Asia Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 4: East Asia Industry Incremental $ Opportunity, 2024 to 2034
Figure 5: East Asia Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 6: East Asia Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 7: East Asia Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 8: East Asia Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 9: East Asia Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 10: East Asia Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 11: East Asia Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 12: East Asia Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 13: East Asia Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 14: East Asia Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 15: East Asia Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 16: East Asia Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 17: China Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: China Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: China Industry Value Y-o-Y Growth and Forecast, 2034
Figure 20: China Industry Incremental $ Opportunity, 2024 to 2034
Figure 21: China Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 22: China Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 23: China Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 24: China Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 25: China Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 26: China Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 27: China Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 28: China Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 29: China Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 30: Japan Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 31: Japan Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 32: Japan Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 33: Japan Industry Incremental $ Opportunity, 2024 to 2034
Figure 34: Japan Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 35: Japan Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 36: Japan Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 37: Japan Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 38: Japan Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 39: Japan Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 40: Japan Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 41: Japan Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 42: Japan Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 43: South Korea Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 44: South Korea Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 45: South Korea Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 46: South Korea Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 47: South Korea Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 48: South Korea Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 49: South Korea Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 50: South Korea Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 51: South Korea Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 52: South Korea Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 53: South Korea Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 54: South Korea Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the predicted demand for drone batteries in East Asia in 2024?
Demand for drone batteries in East Asia is set to reach a market value of US$ 1.29 billion in 2024.
What size is the market in East Asia projected to reach by 2034?
The market in East Asia is forecasted to reach US$ 2.76 billion by the end of 2034.
At what rate is the demand for drone batteries projected to increase?
Sales of drone batteries in East Asia are forecasted to rise at a CAGR of 7.9% from 2024 to 2034.
How much share of the market is accounted for by 3,000 mAh drone batteries?
Below 3,000 mAh drone batteries are predicted to account for more than 53% market share in 2024.
What are the projected sales of drone batteries in Japan?
The market in Japan is projected to reach US$ 655 million by the end of 2034.
At what rate is the demand for drone batteries projected to rise in China?
Sales of drone batteries in China are forecasted to rise at a CAGR of 8% from 2024 to 2034.
What is the predicted demand growth rate for drone batteries in South Korea?
Demand for drone batteries in South Korea is forecasted to increase at a CAGR of 7.1% through 2034.
Drone Battery Industry Analysis in East Asia