Global Solar Powered UAV Market. The Solar Powered UAV Market Is Expected To Grow Over The CAGR Of Around 14.80% During The Period 2017 To 2023.

Global Solar Powered UAV Market Highlights

Unmanned Aerial Vehicles (UAVs) or drones are autonomous aircraft that are remotely controlled from the ground or through onboard computers. Standard UAVs are accessible in numerous sizes. Whereas the large-sized ones, which are utilized for tactical missions, are powered by internal combustion engines, smaller ones are chiefly battery-powered by electric motors. However, since the last decade, the arrival of latest technologies has led to the advent of battery-powered UAVs by photovoltaic cells, hydrogen fuel cells, and hybrid-electric propulsion engines. Solar-powered UAV platforms use photovoltaic panels to soak up energy from the sun and convert it into electricity to thrust their engines.

The use of Proton Exchange Membrane (PEM) fuel cell system in the solar-powered UAV enables it with an uninterrupted flight capability, for over six months. The Helios prototype was one amongst the earliest solar-powered UAVs (developed by AeroVironment in 1999) that used PEM-based fuel system, with funding from the NASA. Similarly, in 2015, it was reported that Facebook completed the prototyping of Aquila, a solar-powered UAV, which can fly over 11 miles above ground level and provide internet connectivity to regions that lack satellite-based networks.

Although, there have been demonstration flights using solar energy, the concept of solar-powered UAV would require high R&D investments and a large number of solar panels or cells to fly for longer durations. Therefore, it is expected that the market would attract high investments during the forecast period.

Global Solar Powered UAV Market Key Players

The key players in Solar Powered UAV market are AeroVironment, Inc. (U.S.), Airbus (France), Boeing (U.S.), Facebook (U.S.), Google (U.S.), Eidgenössische Technische Hochschule Zürich (Germany), Bye Aerospace (U.S.), DJI (China), Lockheed Martin (U.S.), and Thales Group (France).

Global Solar Powered UAV Market Scope Of The Report

This study provides an overview of the global solar powered UAV market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Solar Powered UAVs market by its application, type, and region.

By Application

Civil & Commercial

Military & Defense

By Type

Fixed Wing UAV

Multiple Rotor UAV

By Regions

America

Europe

Asia-Pacific

Rest of the World

Global Solar Powered UAV Market Research Report: Information by Application (Defense and Commercial), Type (Fixed-Wing and Other Types), Component (Propulsion System, Airframe, Guidance Navigation & Control System and Payload) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2025@ https://www.marketresearchfuture.com/reports/solar-powered-uav-market-5856