Solar Powered Drones Market
Solar Powered Drones Market Size, Share Analysis, By Product Type (Fixed, Rotary & Hybrid Wing), By Application (Filming & Photography, Inspection & Maintenance, Others), By End Use (Agriculture & Forestry, Delivery & Logistics, Others), & Region - Global Market Insights 2023 to 2033
Analysis of Solar Powered Drones Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Solar Powered Drones Market Outlook (2023 to 2033)
The global solar powered drone market will reach a valuation of US$ 1,017 million in 2023 and expected to progress at a CAGR of 14.1% to reach US$ 3,803.4 million by the end of 2033.
In 2023, the global drone market is estimated to be valued around US$ 33.9 billion, while the drone market is projected to grow at 17.6% CAGR. Global sales of solar powered drone will be around 228,000 units having a growth rate of 12.4% CAGR. Revenue generation from solar power drones accounted for nearly 3% of global drone market in 2022.
| Report Attributes | Details |
|---|---|
| Market Size (2022A) | US$ 873.6 Million |
| Estimated Market Value (2023E) | US$ 1,017 Million |
| Forecasted Market Value (2033F) | US$ 3,803.4 Million |
| Global Market Growth Rate (2023 to 2033) | 14.1% CAGR |
| North America Market Share (2023) | 32.1% |
| North America Market Value (2023) | US$ 326.6 Million |
| Europe Market Share (2023) | 36.1% |
| Europe Market Value (2023) | US$ 367.3 million |
| China Market Share (2023) | 11.6% |
| China Market Value (2023) | US$ 118.2 Million |
| Market Share of Top 3 Countries | 43% |
| Key Companies Profiled | Aerovironment; Atlantiksolar; Aurora Flight Sciences; Xsun; UAV Instruments; Silent Falcon UAS Technologies; Kea Aeeospace |
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Sales Analysis of Solar Powered Drone (2018 to 2022) Vs. Market Outlook (2023 to 2033)
The solar powered drone operate on solar energy that powered directly through sunlight. The development of solar-powered unmanned aerial vehicles (UAVs) as a less expensive alternative to satellite technology will also fuel industry demand in the years to come. Using solar cells and panels that are built into the aircraft, solar powered UAVs collect solar energy that hits the craft during the day and use it to power the craft or recharge its battery.
The rapid use of drones driven by solar panels for a variety of tasks, such as delivering Internet services or transmitting real-time images, will support market trends for solar-powered drone. Regarding application, the global market for solar-powered drone in agriculture will develop at a significant rate. Farmers' increasing embrace of drone technology to automate crop spraying and lower infestation rates is what driving the market of solar powered drone.
Moreover, the COVID-19 pandemic have also accelerated the usage of machine base technology rather rely on humans. Furthermore, the market for solar-powered drone will have development opportunities due to technical advancements like machine learning and artificial intelligence.
- Short Term (2023 to 2026): The market for solar powered drone will expand as commercial use increases. Drones are able to transport heavy payloads due to their capabilities.
- Medium Term (2026 to 2029): Due to the rapid improvement of drone technology, it is projected that the United States and China would see relatively significant demand for solar powered drone.
- Long Term (2029 to 2033): The demand for solar powered drone will expand as infrastructure development continues and the government initiative for green energy sources.
From 2018 to 2022, the global market for solar powered drone registered a CAGR of 8.3% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 14.1% CAGR between 2023 and 2033.
Market share analysis of solar powered drone based on application and region is provided in the above image. Under the application segment, the media & entertainment sub-segment dominates with 24.4% market share in 2023.
What’s Driving High Demand for Solar Powered Drone across Regions?
“Increase Government Initiative for Sustainable Energy Sources”
The rising awareness of green energy among emerging economy have risen the demand for the use of solar powered drone. Moreover, the increasing government initiative for the sustainable energy have accelerated the demand for solar powered drone. The global energy investment reached at US$ 1.9 trillion in 2021 which rise at 10% compare to 2020. In 2021, the global power sector increase by US$ 820 billion.
In 2021, it was anticipated that USD 530 billion spent on all new generation capacity, with 70% of that amount going toward renewable energy, which currently dominates investment in new power generation. In markets with well-established supply chains, where lower costs are accompanied by regulatory frameworks that provide cash flow visibility and where lenders and financiers who have a thorough understanding of these sectors are looking for sustainable projects to support, renewable investment has thrived. A part has also been played by the corporate sector's demand for clean electricity to achieve sustainability goals.
Therefore, increased awareness for the sustainable energy will increase the demand for solar powered drone.
“Rising Military & Defense Investment to Elevate the Solar Powered Drone Market Growth”
It is anticipated that the military industry will continue to dominate the market for the duration of the forecast. The military use solar UAV drones for a number of missions, including air combat and ISR applications. Governments, businesses, and other organizations are currently attempting to merge drone technology with cutting-edge breakthroughs like artificial intelligence. In addition to the market-available autonomous drone models, both businesses are investing in the development of new drone types.
In addition, the extensive commercial use of mapping, observation, surveying, and inspection studies is predicted to present a sizeable opportunity for market expansion in the construction sector. In the coming years, the market is expected to expand due to the increasing use of solar powered drone market.
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What Do Solar Powered Drone Manufacturer Need to Watch Out?
“Dependency on Climatic Conditions and Season is Hamper the Solar Powered Drone Market Growth”
Season, weather, and location all play a significant role in determining the length and strength of the sun's rays. As a result, manufacturers' ability to operate globally is limited. The producers ought to strive to come up with some creative ways to use the solar drones when there isn't any sunlight.
The market for solar powered drone may also be constrained by high installation costs and the requirement for hiring personnel with specialized training. The aforementioned factors might endanger the producers of solar powered drone’ ability to expand, but these businesses are working hard to find ways to overcome these challenges and take advantage of the current opportunity.
Country-wise Insights
How Solar Powered Drone Service Market Is Skyrocketing in United States?
The solar-powered drone in United States is predicted to reach market share of 90% by the end of 2023. United States is highly developed infrastructure followed by support from the government has led to significant growth in the drone industry.
This predicted growth significantly due to the presence of several major manufacturers that are investing heavily in research activities along with increasing pipelines that are creating a plethora of attractive opportunities for solar-powered drone in the country. Thus, United States solar powered drone market is expected to reach US$ 294.5 million by 2023 and expected to reach CAGR 11.5% in the forecast years.
Why is the China Solar Power Drone Market Expected to Be Highly Lucrative?
China has always been considered as one of the most technically sound countries in the world. It is now emerging as one of the countries with the highest market share in the solar-powered drone market in the East Asia.
China has constantly been deploying advanced manufacturing technologies so as to optimize its manufacturing process potential. Increased investment in R&D activities and advanced developments in solar cell technology that will enable increased efficiency of solar cell and battery technologies will positively impact the solar-powered drone market in the country.
With a growing population and infrastructure and constantly changing economic regulations in terms of emission controls, China is predicted to become a lucrative market for the solar powered drone market in successive years. Therefore, the Chinese solar powered drone market is expected to reach a valuation of US$ 118.2 million in 2023.
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Category-wise Insights
Why is the Demand for Solar Powered Drone is Expected to Surge in Media & Entertainment Industry?
The market for solar powered drone will be primarily driven by the media and entertainment sector. Out of the US$ 2 trillion worldwide market, the media and entertainment (M&E) industry in the US is the largest market at US$ 660 billion. The expansion of the market will also be fueled by the digitization of content and ongoing technological advancement.
However, the market has suffered since the pandemic. Due to social constraints, live entertainment had to end; nonetheless, this increased demand for over-the-top video and data usage, which caused an increase in internet video and television throughout the epidemic. The media and entertainment industry is expected to continue expanding rapidly in the next years.
Therefore, the solar powered drone in media & entertainment industry will have market share of 25% and value of US$ 254.3 million by the end of 2023.
Why is Market Growth Being Led by the Surveillance & Monitoring?
Natural gas, petroleum, oil and gas, energy, and other industries all have high demands for pipeline safety and monitoring. Regular surveillance and monitoring are needed to prevent pipeline damage or prevent from any uncertain accidents. The environment could suffer significantly and be negatively impacted by a leak or break.
One factor propelling the market expansion for drone for surveillance & monitoring systems is the rising number of leakage problems in the oil and gas industries. Therefore, the increased spending on surveillance & monitoring will increase to enhance the safety measures and reduce uncertain accidents. Therefore, surveillance & monitoring application will lead to market share of 16.3% and reach value at US$ 165.4 million by the end of 2023.
Competitive Landscape
Prominent solar powered drone manufacturers are Aerovironment, Atlantiksolar, Aurora Flight Sciences, Xsun, UAV Instruments, Silent Falcon UAS Technologies, Kea Aeeospace and other leading players.
There are number of new entrants in the solar powered drone market, owing to highly lucrative market opportunity, the existing market players are scaling their operation. High profitable regions are primarily targeted in order to create higher revenue opportunity.
The endurance of the solar powered drone is the important factor and to increase the efficiency of the drone the battery capacity needs to be increased. Photovoltaic technology and solar thermal power basics technology used to power UAVs, however the solar thermal power basic technology is the good source for solar energy as they can store electricity for the future purpose also.
Fact.MR has provided detailed information about the price points of key manufacturers of solar powered drone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Solar Powered Drone Industry Research
-
By Product Type :
- Fixed Wing
- Rotary Wing
- Hybrid Wing
-
By Application :
- Filming & Photography
- Inspection & Maintenance
- Mapping & Surveying
- Precision Agriculture
- Surveillance & Monitoring
- Others
-
By End User :
- Agriculture & Forestry
- Delivery & Logistics
- Media & Entertainment
- Construction & Mining
- Oil & Gas
- Security & Law Enforcement
- Recreational Activity
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Units) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Mn) Analysis and Forecast
- 7. Global Market Analysis and Forecast, by Drone Type
- 7.1. Fixed Wing
- 7.2. Rotary Wing
- 7.3. Hybrid
- 8. Global Market Analysis and Forecast, by Application
- 8.1. Filming & Photography
- 8.2. Inspection & Maintenance
- 8.3. Mapping & Surveying
- 8.4. Precision Agriculture
- 8.5. Surveillance & Monitoring
- 8.6. Others
- 9. Global Market Analysis and Forecast, by End User
- 9.1. Agriculture & Forestry
- 9.2. Delivery & Logistics
- 9.3. Media & Entertainment
- 9.4. Construction & Mining
- 9.5. Oil & Gas
- 9.6. Security & Law Enforcement
- 9.7. Recreational Activity
- 9.8. Others
- 10. Global Market Analysis and Forecast, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Aerovironment
- 19.2. Atlantiksolar
- 19.3. Aurora Flight Sciences
- 19.4. Xsun
- 19.5. UAV Instruments
- 19.6. Silent Falcon UAS Technologies
- 19.7. Kea Aerospace
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ million) and Forecast, By Region, 2018 to 2022
Table 02: Global Market Value (US$ million) and Forecast, By Region, 2023 to 2033
Table 03: Global Market Volume (Units) and Forecast, By Region, 2018 to 2022
Table 04: Global Market Volume (Units) and Forecast, By Region, 2023 to 2033
Table 05: Global Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 06: Global Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 07: Global Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 08: Global Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 09: Global Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 11: Global Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 12: Global Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 13: Global Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 14: Global Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 15: Global Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 16: Global Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 17: North America Market Value (US$ million) and Forecast, By Country, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast, By Country, 2023 to 2033
Table 19: North America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 20: North America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 21: North America Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 23: North America Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 24: North America Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 25: North America Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 26: North America Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 27: North America Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 28: North America Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 29: North America Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 30: North America Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 31: North America Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 32: North America Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 33: Latin America Market Value (US$ million) and Forecast, By Country, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast, By Country, 2023 to 2033
Table 35: Latin America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 36: Latin America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 37: Latin America Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 38: Latin America Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 39: Latin America Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 40: Latin America Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 41: Latin America Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 42: Latin America Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 43: Latin America Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 44: Latin America Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 45: Latin America Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 46: Latin America Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 47: Latin America Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 48: Latin America Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 49: Europe Market Value (US$ million) and Forecast, By Country, 2018 to 2022
Table 50: Europe Market Value (US$ million) and Forecast, By Country, 2023 to 2033
Table 51: Europe Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 52: Europe Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 53: Europe Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 54: Europe Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 55: Europe Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 56: Europe Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 57: Europe Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 58: Europe Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 59: Europe Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 60: Europe Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 61: Europe Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 62: Europe Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 63: Europe Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 64: Europe Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 65: East Asia Market Value (US$ million) and Forecast, By Region, 2018 to 2022
Table 66: East Asia Market Value (US$ million) and Forecast, By Region, 2023 to 2033
Table 67: East Asia Market Volume (Units) and Forecast, By Region, 2018 to 2022
Table 68: East Asia Market Volume (Units) and Forecast, By Region, 2023 to 2033
Table 69: East Asia Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 70: East Asia Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 71: East Asia Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 72: East Asia Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 73: East Asia Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 74: East Asia Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 75: East Asia Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 76: East Asia Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 77: East Asia Market Value (US$ million) and Forecast, By Buyer Category, 2018 to 2022
Table 78: East Asia Market Value (US$ million) and Forecast, By Buyer Category, 2023 to 2033
Table 79: East Asia Market Volume (Units) and Forecast, By Buyer Category, 2018 to 2022
Table 80: East Asia Market Volume (Units) and Forecast, By Buyer Category, 2023 to 2033
Table 81: East Asia Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 82: East Asia Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 83: East Asia Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 84: East Asia Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 85: South Asia & Oceania Market Value (US$ million) and Forecast, By Country, 2018 to 2022
Table 86: South Asia & Oceania Market Value (US$ million) and Forecast, By Country, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 89: South Asia & Oceania Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 90: South Asia & Oceania Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 93: South Asia & Oceania Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 94: South Asia & Oceania Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 97: South Asia & Oceania Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 98: South Asia & Oceania Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 99: South Asia & Oceania Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 100: South Asia & Oceania Market Volume (Units) and Forecast, By End User, 2023 to 2033
Table 101: Middle East & Africa Market Value (US$ million) and Forecast, By Country, 2018 to 2022
Table 102: Middle East & Africa Market Value (US$ million) and Forecast, By Country, 2023 to 2033
Table 103: Middle East & Africa Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 104: Middle East & Africa Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 105: Middle East & Africa Market Value (US$ million) and Forecast, By Drone Type, 2018 to 2022
Table 106: Middle East & Africa Market Value (US$ million) and Forecast, By Drone Type, 2023 to 2033
Table 107: Middle East & Africa Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 108: Middle East & Africa Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 109: Middle East & Africa Market Value (US$ million) and Forecast, By Application, 2018 to 2022
Table 110: Middle East & Africa Market Value (US$ million) and Forecast, By Application, 2023 to 2033
Table 111: Middle East & Africa Market Volume (Units) and Forecast, By Application, 2018 to 2022
Table 112: Middle East & Africa Market Volume (Units) and Forecast, By Application, 2023 to 2033
Table 113: Middle East & Africa Market Value (US$ million) and Forecast, By End User, 2018 to 2022
Table 114: Middle East & Africa Market Value (US$ million) and Forecast, By End User, 2023 to 2033
Table 115: Middle East & Africa Market Volume (Units) and Forecast, By End User, 2018 to 2022
Table 116: Middle East & Africa Market Volume (Units) and Forecast, By End User, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 09. Global Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 10. Global Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 11. Global Market Attractiveness Analysis By Region, 2023 to 2033
Figure 12. Global Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 13. Global Market Attractiveness Analysis By Application, 2023 to 2033
Figure 14. Global Market Attractiveness Analysis By End User, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 16. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 17. North America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 18. North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 19. North America Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 20. North America Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 21. North America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 22. North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 23. North America Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 24. North America Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 25. North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 26. North America Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 27. North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 28. North America Market Attractiveness Analysis By End User, 2023 to 2033
Figure 29. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 30. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 31. Latin America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 32. Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 33. Latin America Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 34. Latin America Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 35. Latin America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 36. Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 37. Latin America Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 38. Latin America Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 39. Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40. Latin America Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 41. Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42. Latin America Market Attractiveness Analysis By End User, 2023 to 2033
Figure 43. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 44. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 45. Europe Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 46. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 47. Europe Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 48. Europe Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 49. Europe Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 50. Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 51. Europe Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 52. Europe Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 53. Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 54. Europe Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 55. Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 56. Europe Market Attractiveness Analysis By End User, 2023 to 2033
Figure 57. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 58. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 59. East Asia Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 60. East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 61. East Asia Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 62. East Asia Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 63. East Asia Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 64. East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 65. East Asia Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 66. East Asia Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 67. East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 68. East Asia Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 69. East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 70. East Asia Market Attractiveness Analysis By End User, 2023 to 2033
Figure 71. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 72. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 73. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 74. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 75. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 76. South Asia & Oceania Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 77. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 78. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 79. South Asia & Oceania Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 80. South Asia & Oceania Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 81. South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 82. South Asia & Oceania Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 83. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 84. South Asia & Oceania Market Attractiveness Analysis By End User, 2023 to 2033
Figure 85. Middle East & Africa Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 86. Middle East & Africa Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 87. Middle East & Africa Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 88. Middle East & Africa Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 89. Middle East & Africa Market Value (US$ million) and Volume (Units) By Drone Type, 2023 & 2033
Figure 90. Middle East & Africa Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 91. Middle East & Africa Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 92. Middle East & Africa Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 93. Middle East & Africa Market Value (US$ million) and Volume (Units) By End User, 2023 & 2033
Figure 94. Middle East & Africa Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 95. Middle East & Africa Market Attractiveness Analysis By Country, 2023 to 2033
Figure 96. Middle East & Africa Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 97. Middle East & Africa Market Attractiveness Analysis By Application, 2023 to 2033
Figure 98. Middle East & Africa Market Attractiveness Analysis By End User, 2023 to 2033
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- FAQs -
What is the global solar powered drone market size?
The global solar powered drone market is currently valued at US$ 1,017 million in 2023.
Which solar powered drone application holds the highest market share?
Filming & Photography solar powered drone accounts for 24.4% share of the global market in 2023.
Which regional market accounts for a leading market share?
Europe leads the global solar powered drone market accounting for 36.1% market share in 2023.
How did the market perform over the past few years?
During 2023-2033, sales of solar powered drone will increase at 14.1% CAGR.
How is the market for solar powered drone expected to fare in the future?
Worldwide demand for solar powered drone is anticipated to reach US$ 3,803.4 million by 2033-end.
Solar Powered Drones Market