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Drone Battery Market Share

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Report ID: 3027
Published Date: Jul 23, 2024
Report Format: PDF, PPT

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Drone Battery Market Share

North America Market Forecast

The North America drone battery market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market is primarily attributed to the rising awareness of drones and the significant development of defense technologies in the region. As of 2022, the drone segment in the USA was projected to generate revenue of approximately USD 1 billion. Moreover, the higher utilization of drones in the agricultural sector of the region is further anticipated to hike the growth of the drone battery market during the forecast period.

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Browse Key Market Insights with Data Illustration:

Drone Battery Market Size & Share, Growth Trends 2036

Author Credits: Abhishek Verma

Report ID: 3027
Published Date: Jul 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of drone battery is assessed at USD 11.28 Billion.

The drone battery market size was valued at USD 9.58 Billion in 2023 and is likely to reach USD 99.18 Billion by the end of 2036, registering around 19.7% CAGR during the forecast period i.e., between 2024-2036. Growing demand for drones in the defense sector and the rising prevalence of UAVs across the globe are estimated to majorly boost the market growth.

North America industry is expected to hold largest revenue share by 2036, impelled by rising awareness of drones and the significant development of defense technologies in the region.

Oxis Energy Ltd, Amperex Technology Limited, Ballard Power Systems Inc., Yuneec Holding Ltd., Parrot Drone SAS., H3 Dynamics LLC, Skydio. Inc., Genspow GmbH, Autel Robotics Co., Ltd., Plug Power Inc

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