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The global UAV Battery market was valued at US$ 1,165.8 Mn in 2020 and is expected to reach US$ 3,490.7 Mn by 2028 at a CAGR of 14.8 % between 2021 and 2028.

Decrease in cost of batteries is expected to aid in growth of the UAV battery market . Over the last few years the prices of drone batteries have dropped dramatically. There used to be a time when only the military was buying them and they were very expensive. Now that all branches of the military, law enforcement agencies, media outlets, and even homeowners own UAVs (unmanned aerial vehicles) they are available at very reasonable rates. In January 2021, DJI announced to begin deployment of its Mavic 2 for commercial use in the first quarter of 2021. The Mavic 2 Enterprise Advanced is an upgraded version of DJI’s Mavic UAV.

Online distribution channel are witnessing significant growth in the UAV battery market. Purchasing UAV battery units online is becoming more popular simply because it is so convenient. You can shop from the comfort of your home or office and not have to leave your home or office to make the purchase.

𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲:  Ballard Power Systems, Cella Energy Limited, Denchi Power Ltd., EaglePicher Technologies, H3 Dynamics, Kokam, OXIS Energy Ltd., Sion Power Corporation, and Tadiran Batteries

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝘁𝗼 𝗼𝗯𝘁𝗮𝗶𝗻 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝘁 –  https://www.coherentmarketinsights.com/insight/request-sample/2820

Development and launch of drone platforms is also expected to aid in growth of the UAV battery market. In January 2021, Skyfish, the U.S.-based drone company, launched their advanced autonomous work drone platform that includes work drones, Skyfish M4 and Skyfish M6, a long-lasting battery system, and a unique ruggedized remote controller. However, longer charging time and low flight time is expected to hinder growth of the market. It can take between 60 to 90 minutes to charge a commercial drone, with full charge giving a flight time of just over 30 minutes.

The UAV battery market is witnessing R&D of new drone batteries. In August 2019, researchers at UC Berkeley’s HiPeRLab reported development of swappable flying batteries for drones. The prototype created at UC Berkeley’s lab is powered by a 2.2 Ah lithium-polymer battery that can keep it aloft for about 12 minutes.

Launch of inspection drones s also expected to aid in growth of the UAV battery market. In January 2021, RIMS-BV, an approved supplier of UAV inspections in the maritime industry, announced Global Drone Inspection to focus on the drone and ROV element of the business. Players in market are focused on offering advanced batteries to enhance their market share. StoreDot, an Israeli drone start-up, offers ultra-fast charging (UFC) technology that can charge drone batteries in 5 minutes.

➤ North America: United States, Mexico and Canada

➤ South & Central America: Argentina, Chile, Brazil and Others

➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘄𝗶𝘁𝗵 𝗳𝗶𝗴𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗱𝗮𝘁𝗮 𝘁𝗮𝗯𝗹𝗲𝘀, 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 –  https://www.coherentmarketinsights.com/insight/request-pdf/2820

In order to respond to diverse requests from clients and readers, the study contains a succinct summary of the important industry participants and contributions. Customers will also find in this report significant variables that have a large impact on the UAV Battery Market’s growth, such as the supplier environment and recent competition intensity.

By conducting an exhaustive examination of manufacturers, producers, distributors, and dealers, the research aims to assist key players in a variety of strategic decisions and vital investment goals. Secondary and validated primary sources are used to evaluate key enterprises and their production data, percentage splits, market shares, product industry breakdowns, and growth rates.

• Market size and growth rate during the study period

• Important factors that help and hinder market growth.

• The market’s top suppliers and providers.

• Each organization goes through a full SWOT analysis.

• PEST study segmented by region

• Opportunities and challenges in the UAV Battery Market business for existing vendors.

• Strategic initiatives have been implemented by key players.

➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?

➤ What will the market size be in the anticipated time frame?

➤ What are the primary aspects that will determine the UAV Battery Market ‘s fate over the forecast period?

➤ What are the major market players’ winning strategies for building a strong presence in the UAV Battery Market industry?

➤ What are the primary market trends influencing the UAV Battery Market’s growth in various regions?

➤ What are the biggest dangers and difficulties that are likely to stymie the UAV Battery Market’s growth?

➤ What are the most critical opportunities for market leaders to succeed and profit?

3. Market Dynamics, Regulations, and Trends Analysis

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