Drone Battery Market Size

Drone Battery Market size was valued at USD 11.39 billion in 2024 and is expected to reach USD 115.43 billion by 2037, expanding at around 19.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of topological quantum computing is evaluated at USD 13.17 billion. The primary growth factor of the drone battery market is increasing demand from commercial consumers and increased application in security, filmmaking, and agricultural mapping, among others. Additionally, a growing number of startups are specializing in supplying drones with batteries for improved flight time and greater aerial accuracy. For instance, in 2022, the drone segment was projected to drop to approximately USD 3.5 billion.

Global drone battery market trends such as the rising utilization of drones for traffic monitoring, search and rescue, videography, and surveillance are projected to influence the growth of the market positively over the forecast period. It is observed that about 1.5 million people lose their lives on account of road traffic crash every year. Moreover, the higher utilization of lithium-based batteries is further expected to hike the growth of the market over the forecast period. For instance, in 2018, the total production of lithium-ion batteries reached around 300 gigawatt-hours. Lithium-based batteries are the most common type of batteries to be installed in drones since they provide high energy density compared to their size. Hence, such factors are estimated to propel the growth of the market during the forecast period.