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Global Solar Powered UAV Market Opportunities and Forecast 2020-2027

  • DLR1894
  • 03 December, 2021
  • Aerospace & Defense
  • Pages: 120
  • Global
Global Solar-powered UAV Market, By Application (Civil and Commercial, Defense and Military), and opportunities and forecast 2020-2027

Solar-powered UAV Market Overview

Remotely piloted aircraft or drones are referred to as unmanned aerial vehicles (UAVs). In the case of electrical systems, like propulsion systems, a solar-powered unmanned aerial vehicle uses an infinite power source. Photovoltaic cells convert solar radiation to electric power, which is subsequently transformed into kinetic energy by an electric motor. The global Solar-powered UAV market is projected to rise at a considerable rate in the forthcoming years.
 
Improved flight range and endurance are two significant reasons driving the growth of the global solar-powered unmanned aerial vehicles (UAVs) market. The acceptance of solar-powered drones for civil and commercial use has increased the utilization of current technologies. In the case of commercial drones, the limited endurance capacity of conventional drones remains a major challenge. To overcome this constraint, government organizations cooperated with defense firms to develop solar-powered unmanned aerial vehicles (UAVs) that can fly over the jet stream. As a result, solar-powered UAVs are critical in dangerous missions with manned aircraft. The increased security and surveillance operations are another driving factor in this market.
 
However, several restraints are impeding the market for solar-powered unmanned aerial vehicles (UAVs). Dissimilar rules and laws, technical impediments, and deferred or withdrawn funding are among the problems. Solar-powered drones' utility is largely determined by the limits and legislation of the country in which they are used

Report Metric Details
Market size available for years 2019–2027
Base year considered 2019
Forecast period 2020–2027
Forecast unit Value (USD Million)
Segments covered Application, and Region.
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Airbus, AeroVironment, Alphabet, Lockheed Martin, Facebook, Thales, AC Propulsion, Silent Falcon UAS, Boeing, DJI, Sunlight Photonics, Barnard Microsystems.

Covid-19 Impact on Solar-powered UAV Market
 
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.

Solar-powered UAV Market Segment Overview



Based on Application, the Defense and Military segment holds the largest share of the global Solar-powered UAV market.  This is because of the use of solar-powered UAVs in search and rescue operations, pollution monitoring, security, disaster management, attack missions, and communications applications. Furthermore, Civil and Commercial is another major segment in the market.  This is due to the use in professional aerial photography and surveillance, agriculture, data collection, hobby, motion pictures filmmaking, journalism, law enforcement, scientific research, anti-poaching activity, mineral, oil and gas production and exploration, disaster relief, passenger transport, and cargo transport.
 
Solar-powered UAV Market, By Application
 
·       Civil and Commercial
·       Defense and Military
 
Solar-powered UAV Market Regional Overview

Region-Wise, North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. Solar-powered UAVs are mostly utilized for defense and military purposes in the United States. Furthermore, major North American and Latin American countries such as Canada, Mexico, and Brazil have been increasing their solar-powered UAV capabilities. Because of large investments from NASA and the Department of Defense for several initiatives, the United States has dominated this sector.
 
Solar-powered UAV Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Solar-powered UAV Market, Key Players

·       Airbus
·       AeroVironment
·       Alphabet
·       Lockheed Martin
·       Facebook
·       Thales
·       AC Propulsion
·       Silent Falcon UAS
·       Boeing
·       DJI
·       Sunlight Photonics
·       Barnard Microsystems

Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the Solar-powered UAV market?

A. Improved flight range and endurance are two significant reasons driving the growth of the global solar-powered unmanned aerial vehicles (UAVs) market

Q2. Which are the parts of the Application segment in the Solar-powered UAV market?

A. Civil and Commercial, Defense and Military are parts of the Application segment in the Solar-powered UAV market

Q3. Which segment is projected to hold the largest share in the Solar-powered UAV Market?

A. Defense and Military segment is projected to hold the largest share in the Solar-powered UAV Market.

Q4. Which region holds the largest share in the Solar-powered UAV market?

A. North America held the largest share in the global Solar-powered UAV market.

Q5. Which are the prominent players in the Solar-powered UAV Market?

A. Airbus, AeroVironment, Alphabet, Lockheed Martin, Facebook, Thales, AC Propulsion, Silent Falcon UAS, Boeing, DJI, Sunlight Photonics, Barnard Microsystems. are some key players in the Solar-powered UAV Market.
Solar-powered UAV Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Solar-powered UAV Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Application
        • 5.2.1. Civil and Commercial
        • 5.2.2. Defense and Military
      • 5.3. Market Analysis, Insights and Forecast – By Region
        • 5.3.1. North America
        • 5.3.2. Europe
        • 5.3.3. Asia Pacific
        • 5.3.4. Latin America, Middle East and Africa

      6. North America Solar-powered UAV Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Application
        • 6.2.1. Civil and Commercial
        • 6.2.2. Defense and Military
      • 6.3. Market Analysis, Insights and Forecast – By Country
        • 6.3.1. U.S.
        • 6.3.2. Canada

      7. Europe Solar-powered UAV Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Application
        • 7.2.1. Civil and Commercial
        • 7.2.2. Defense and Military
      • 7.3. Market Analysis, Insights and Forecast – By Country
        • 7.3.1. UK
        • 7.3.2. Germany
        • 7.3.3. France
        • 7.3.4. Italy
        • 7.3.5. Spain
        • 7.3.6. Russia
        • 7.3.7. Rest of Europe

      8. Asia Pacific Solar-powered UAV Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Application
        • 8.2.1. Civil and Commercial
        • 8.2.2. Defense and Military
      • 8.3. Market Analysis, Insights and Forecast – By Country
        • 8.3.1. China
        • 8.3.2. India
        • 8.3.3. Japan
        • 8.3.4. Australia
        • 8.3.5. South East Asia
        • 8.3.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Solar-powered UAV Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Application
        • 9.2.1. Civil and Commercial
        • 9.2.2. Defense and Military
      • 9.3. Market Analysis, Insights and Forecast – By Country
        • 9.3.1. Brazil
        • 9.3.2. Saudi Arabia
        • 9.3.3. UAE
        • 9.3.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Airbus
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. AeroVironment
      • 10.6. Alphabet
      • 10.7. Lockheed Martin
      • 10.8. Facebook
      • 10.9. Thales
      • 10.10. AC Propulsion
      • 10.11. Silent Falcon UAS
      • 10.12. Boeing
      • 10.13. DJI
      • 10.14. Sunlight Photonics
      List of Figures

      Figure 1: Global Solar Powered UAV Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Solar Powered UAV Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Solar Powered UAV Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Solar Powered UAV Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Solar Powered UAV Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Solar Powered UAV Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Solar Powered UAV Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Solar Powered UAV Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Solar Powered UAV Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Solar Powered UAV Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Solar Powered UAV Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Solar Powered UAV Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Solar Powered UAV Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Solar Powered UAV Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Solar Powered UAV Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Solar Powered UAV Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Solar Powered UAV Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Solar Powered UAV Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Solar Powered UAV Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Solar Powered UAV Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Solar Powered UAV Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Solar Powered UAV Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Solar Powered UAV Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Solar Powered UAV Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Solar Powered UAV Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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