Drone Battery Industry Analysis in Europe
Study on Drone Batteries in Europe by Mini Quad, Micro Quad, and Commercial/Industrial Drones from 2024 to 2034
Analysis of Drone Battery Industry Analysis in Europe Covering Countries Includes Analysis of Germany, France, Italy, Spain, United Kingdom, BENELUX, Russia, and Rest of Europe
Drone Battery Sales Outlook for Europe (2024 to 2034)
According to the latest study published by Fact.MR, demand for drone batteries in Europe is estimated at a market value of US$ 2.03 billion in 2024. The European market is projected to expand at a CAGR of 7.8% and reach US$ 4.31 Billion by the end of 2034.
Increasing demand for drones in several use cases, including photography, construction, agriculture, delivery, and surveillance, is set to drive the sales of long-lasting and efficient drone batteries as well. Constant technological advancements taking place in battery technology are predicted to positively impact their demand. Improvements in battery durability, charging time, battery energy, and overall performance are projected to enhance the flight durations and capabilities of drones.
A supportive regulatory environment in Europe, especially safety standards and environmental norms, is predicted to positively impact the demand for drone batteries. Implementation of stringent regulatory frameworks promoting environmentally safe battery technologies is predicted to lead to innovation in this sector.
Rising awareness related to the environmental impact of conventional batteries along with the requirements for more sustainable alternatives are key trends driving market expansion. Eco-friendly batteries, including those with lithium-sulfur or similar emerging technologies, are predicted to gain attention among end users owing to their potential to minimize the environmental impact.
| Report Attributes | Details |
|---|---|
| Drone Battery Sales in Europe (2024E) | US$ 2.03 Billion |
| Projected Sales (2034F) | US$ 4.31 Billion |
| Demand Growth (2024 to 2034) | 7.8% CAGR |
| Sales in France (2024E) | US$ 261.9 Million |
| Demand Growth in Germany (2024 to 2034) | 8.1% CAGR |
| Demand Growth in United Kingdom (2024 to 2034) | 7.9% CAGR |
| Market Share of Below 3,000 mAh Drone Batteries (2024E) | >41% |
| Key Companies Profiled |
|
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What’s Prominently Pushing Demand for Drone Batteries in Europe?
“Increasing Awareness about Sustainability Practices Fueling Demand for Eco-friendly Battery Technology”
Growing awareness about sustainability in drone batteries is predicted to stimulate inclination to environment-friendly practices in several industries, including agriculture, etc. Conventional batteries, particularly using lithium-ion technology, contribute to increased concerns owing to their dependency on materials, including lithium and cobalt. In addition, improper disposal of these drone batteries is projected to lead to increased pollution.
Researchers and manufacturers are putting efforts into exploring alternative battery technologies to address these concerns. Lithium-sulfur batteries are researched extensively because of their potential to reduce environmental impacts and offer higher energy density compared to conventional lithium-ion batteries.
Eco-friendly battery technologies aim to minimize dependency on environmentally sensitive and rare materials, therefore reducing the ethical and environmental concerns related to their processing and extraction. Sustainability efforts are taken in battery technology to conduct life cycle analyses for the assessment of the environmental impact of the production and disposal of batteries. This comprehensive approach is predicted to help in the identification of areas for improvements in minimizing the overall environmental footprints of these batteries.
Country-wise Insights
Why are Drone Battery Manufacturers Spending High in Germany?
“Supportive Regulatory Framework Driving Sales of Drones and Drone Batteries”
| Attribute | Germany |
|---|---|
| Market Value (2024E) | US$ 297.3 Million |
| Growth Rate (2024 to 2034) | 8.1% CAGR |
| Projected Value (2034F) | US$ 650 Million |
There is an increased concentration on environment-friendly technologies and sustainability in Germany. This is predicted to extend demand for drone batteries, which are recyclable, long-lasting, and more efficient. Similar to other regional countries, Germany has also implemented regulations for governing drone operations. Compliance with these operational and safety standards requires specific battery features and capabilities. Thus, an increase in the demand for batteries matching regulatory requirements is predicted to be experienced.
How is the United Kingdom Projected to Create Growth Opportunities for Suppliers of Drone Batteries?
“Growing Popularity of Drones and Advancements in Drone Technology”
| Attribute | United Kingdom |
|---|---|
| Market Value (2024E) | US$ 333.5 Million |
| Growth Rate (2024 to 2034) | 7.9% CAGR |
| Projected Value (2034F) | US$ 715 Million |
Drones are becoming popular in several applications, including photography, agriculture, recreational use, videography, delivery services, and infrastructure inspection. Regional demand for drone batteries is increasing as more industries and individuals are inclined to drones for several purposes.
Constant advancements taking place in drone technology are predicted to lead to the development of more advanced drones with higher payloads and longer flight times. These improvements generally need more powerful and efficient batteries for improved performance.
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Category-wise Insights
Why are LiPo Drone Batteries More Popular Than Other Options?
“Growing Popularity of LiPo Batteries among Drone Manufacturers Offering Customized Solutions”
| Attribute | LiPo Batteries |
|---|---|
| Segment Value (2024E) | US$ 1.52 Billion |
| Growth Rate (2024 to 2034) | 8.8% CAGR |
| Projected Value (2034F) | US$ 3.54 Billion |
Fact.MR, a market research and competitive intelligence provider, in its study, reveals that LiPo (lithium polymer) batteries are predicted to attract more drone manufacturers, who offer customized products. The high power-to-weight ratio and high energy density of these batteries ensure the availability of more efficient solutions. These batteries ensure safety from explosions therefore gaining prominence among end users.
With LiPo batteries, manufacturers can offer products in customized sizes and shapes. Technological aspects of drones are improved with the use of LiPo drone batteries. Constant tracking of consumer feedback and responses is predicted to help manufacturers offer customized and more efficient drone batteries.
Why is There High Demand for Effective Batteries in Commercial Drones?
“Surging Recreational Activities Stimulating Development of Technologically Advanced Drone Batteries”
| Attribute | Commercial Drone Batteries |
|---|---|
| Segment Value (2024E) | US$ 1.73 Billion |
| Growth Rate (2024 to 2034) | 8.1% CAGR |
| Projected Value (2034F) | US$ 3.77 Billion |
Commercial drones are gaining ground as a remarkable tag for application in the industrial sector. Experimental runs among regulatory bodies and ongoing innovative advancements are predicted to lead to the development of robust dimensions of drones. The commercial segment is predicted to cushion demand for drones, subsequently contributing to growing sales of drone batteries. Recreational activities are forecasted to lead to an increased demand for drone batteries to encounter greater opulence.
Competition Landscape
Key suppliers of drone batteries are spending at a noteworthy rate to ensure the management of their supply chain, new product development, quality control, etc. Leading players operating in the market in Europe are Thunder Power, CNHL, DJI, SwellPro, Turigy, and Tattu.
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Segmentation of Drone Battery Study in Europe
-
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:
- Germany
- France
- Italy
- Spain
- United Kingdom
- BENELUX
- Russia
- Rest of Europe
- FAQs -
What are the demand projections for drone batteries in Europe?
Sales of drone batteries in Europe are pegged at US$ 2.03 billion in 2024.
What is the forecasted market valuation for Europe by 2034?
The market in Europe is predicted to reach US$ 4.31 billion by the end of 2034.
At what rate is the demand for drone batteries predicted to rise in Europe?
Sales of drone batteries are projected to rise at 7.8% CAGR from 2024 to 2034.
How much market share is accounted for by drone batteries below 3,000 mAh capacity?
Drone batteries below 3,000 mAh capacities are predicted to account for more than 41% market share in 2024.
What is the estimated size of the market in Russia in 2024?
Demand for drone batteries in Russia is estimated at a market value of US$ 401.4 million in 2024.
At what rate are the sales of drone batteries projected to advance in France?
Sales of drone batteries in France are forecasted to rise at 7.9% CAGR from 2024 to 2034.
What is the projected growth rate for drone batteries in Spain?
The market in Spain is projected to expand at a CAGR of 7.6% from 2024 to 2034.
Drone Battery Industry Analysis in Europe