According to Fact.MR, a market research and competitive intelligence provider, the global drone batteries market is estimated at US$ 6.3 billion in 2022 and is expected to expand at an impressive CAGR of 8.3% during the forecast years of 2022-2032. The market is poised to grow due to remarkable use case and safety provided by drone battery.
Drones nowadays have occupied an important place in disaster management. During natural calamities, the manoeuvrability of drones is most suitable to look for people stuck in unreachable areas. Drones can also carry out the aerial supply of goods, food items, and other resources to calamity zones easily without physical intervention.
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Consistent food supplies to places where humans cannot reach has become simple with drones. Drones also help find rescue routes and gather 3D images of the calamity site for analysis.
Drones for future structures are becoming increasingly popular in the construction sector. Building managers will be able to meet project objectives more efficiently and quickly if sophisticated photography is used to scan construction sites and drones are used to follow activities throughout the construction lifecycle.
The high utility of drones in disaster management, construction and other surveillance activity is likely to be a key driver for the drone batteries market over the forecast period.
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Prominent drone batteries manufacturers are
The world’s leading manufacturers of drone batteries products are employing sustainable technologies and optimization systems for diverse end users. Key manufacturers are focusing on developing new product designs to address problems in terms of product placement in harsh operating environments. Moreover, expertise and professionalism in planning, designing, and providing optimal pressure control solutions are at the backbone of their marketing strategies.
State-of-the-art technology and planning in design of batteries for drones is set to launch the drone batteries market at new heights by providing higher growth rate to the market over the long-run forecast period. Custom built drone batteries are anticipated to rise the consumption of drone batteries favouring the consumer needs and requirements. This is set to increase the demand by 20% from educational and institutional applications.
Also, spread of commercial sector wings over drone and inclusion of the same onto the field applications to push the market and provide long run headwinds to drone batteries market. The rise in demand from unconventional uses are expected to turn the tables nearing the brighter side and drive the long run demand of the drone batteries.
Segmentation of Drone Batteries Industry Research
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Fact.MR, in its new offering, presents an unbiased analysis of the global drone batteries market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of drone type (mini quad, micro quad, commercial/industrial, others), battery chemistry (NiCad, NiMH, LiPo), battery capacity (below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, above 10,000 mAh) and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania and MEA).
Key Questions Covered in the Drone Batteries Market Report
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