Solar Powered Drones Market

The global solar powered uav market is expected to witness significant growth during the forecast period.

Solar powered drones market.

Solar powered uav market 2020 2024. Based on the type the global market has been divided into defense. Solar powered drones like the caihong t4 nasa helios prototype and zephyr s that can stay airborne for months or potentially years have significant geo political implications. Solar powered drones also termed as solar powered unmanned aerial vehicles uavs are airborne vehicles that utilize solar energy for propulsion.

Solar powered drones are ideally suited for carrying out extensive surveillance and military reconnaissance operations. The marketwatch news department was not involved in the creation of this content. 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. 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.

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. These vehicles are piloted by operators by using remote control or autonomously by onboard computers. 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. Technavio presents a detailed picture of the market by the way of study synthesis and summation of data from multiple sources.

Many uavs are powered by either internal combustion engines or electrical motors but recent developments made uavs powered by photovoltaic cells hydrogen fuel. Global solar powered uav market size and forecast to 2027 global solar powered uav market analysis according to verified market research the global solar.