Solar Powered Drones Market

These vehicles are piloted by operators by using remote control or autonomously by onboard computers.

Solar powered drones market.

Based on the type the global market has been divided into defense. Solar powered drones market was valued at us xx bn in 2019 and is expected to reach us xx bn by 2027 at a cagr 14 90 from 2019 2027. Solar powered drones are ideally suited for carrying out extensive surveillance and military reconnaissance operations. Solar powered drones also termed as solar powered unmanned aerial vehicles uavs are airborne vehicles that utilize solar energy for propulsion.

Segmentation of the global solar powered uav market the global solar powered uav market is segmented based on type application component and regions. The marketwatch news department was not involved in the creation of this content. Many uavs are powered by either internal combustion engines or electrical motors but recent developments made uavs powered by photovoltaic cells hydrogen fuel. Technavio has been monitoring the solar powered uav market and it is poised to grow by usd 485 46 million during 2020 2024 progressing at a cagr of almost 10 during the forecast period.

Solar powered uav market 2020 2024. The drone market is one of the fastest growing in the world and the solar powered uav segment in particular is projected to grow at a rate of 12 65 between 2017 and 2021. Technavio presents a detailed picture of the market by the way of study synthesis and summation of data from multiple sources. Global solar powered uav market size and forecast to 2027 global solar powered uav market analysis according to verified market research the global solar.

Solar powered drones market size is expected to grow at over 15 cagr over the forecast timeframe till 2024. The rising adoption of uavs by numerous end user industries and the development of efficient solar powered propulsion system are expected to drive the solar powered drones market.