Solar powered unmanned aerial vehicles, also termed as solar powered UAVs or solar powered drones, are airborne vehicles that utilize solar energy for propulsion.



Market Analysis and Insights: Global Solar Powered UAV Market

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Due to the COVID-19 pandemic, the global Solar Powered UAV market size is estimated to be worth US$ 250 million in 2023 and is forecast to a readjusted size of US$ 480.4 million by 2030 with a CAGR of 11.5% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Fixed-wing UAV accounting for % of the Solar Powered UAV global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Defense segment is altered to an % CAGR throughout this forecast period.

The North America region also leads the global market in terms of expenditure and technological advancements and has a large number of deployments of UAVs in vulnerable regions.



Global Solar Powered UAV Market: Drivers and Restrains



The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.



Global Solar Powered UAV Market: Segment Analysis



The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.



Segment by Type



Fixed-wing UAV
rotorcraft UAV
Umbrella UAV


Segment by Application



Defense
Commercial


By Company



AeroVironment
Airbus
Silent Falcon UAS Technologies
Sunbirds
Sunlight Photonics
Thales


Production by Region



North America
Europe
China
Japan


Consumption by Region



North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
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