Drone Charging Station Market size is set to register remarkable growth rate during the forecast period i.e., between 2024-2036. The growth of the market can be attributed to the increase in implementation of drone-based applications across the globe, and rapid rate of globalization leading to an increase in the number of companies and industries. The total shipments of internet of things (IoT) enterprise drones were more than 350,000 in the year 2019, increasing up to almost 520,000 drones by the end of 2020. By 2023, the number is estimated to reach a value of about 1.2 million. Along with these, growing adoption of the concept of wireless charging in the drone industry for promoting a level of autonomy in the drones is also expected to boost the growth of the market in the near future. Furthermore, companies are launching enhanced products, including the launch of charging stations with automatic, on-demand and programmed missions. This in turn is projected to offer lucrative opportunities for market growth in the near future.
Growth Drivers
Challenges
The market is segmented by charging method into battery, solar powered. and wireless, out of which, the battery segment is anticipated to hold the largest share in the global drone charging station market. This can be accounted to the fact that the most common charging method found in drones is conductive charging technology. The drones are set up with another set of wires wound around the motors that receive electric charge though the wires’ outer frames. Additionally, on the basis of type, the indoor charging pad segment is evaluated to observe the highest growth during the forecast period owing to the ease of accessibility of this type of drone charging station, and their compatibility with a wide range of devices.
Our in-depth analysis of the global market includes the following segments
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By Type |
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By Charging Method |
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By Distribution Channel
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APAC Market Statistics
On the basis of geographical analysis, the global drone charging station market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the increasing safety and security concerns across emerging countries, and high production and consumption of surveillance cameras in the region. For instance, more than 175 million units of surveillance cameras were installed in China in public and private areas 2017, which increased up to about 625 million units by the end of 2020.
North America Market Analysis
In addition, escalating demand for autonomous solutions is also assessed to drive the region’s market growth in the future. Moreover, the drone charging station market in North America is predicted to acquire the largest share during the forecast period, which can be credited to the growing research and development on drone charging stations, and rising number of players in the region who are extending their cross-border services.
September 2021- Matternet’s automated drone docking station made its debut in Switzerland. The facility was built last year but came into usage since September this year.
May 2021- Flytbase announced the launch of IDIPLOYER MP2.1, which is a lightweight, feature-packed and affordable drone charging station.
Author Credits: Abhishek Verma
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