Unmanned Aerial Vehicles (UAV) are aircrafts or drones that are remotely piloted from over a certain distance. Solar-powered UAV makes use of solar energy that is transformed into electrical energy with the help of photovoltaic cells. The electrical energy is then converted into kinetic energy which facilitates the movement of UAV. Solar-powered UAV are used in civil as well as military applications. Civil applications of solar-powered UAV are professional aerial photography and surveillance, agriculture, data collection, motion picture filmmaking, scientific research, and so on. Some of the military applications of solar-powered UAV include, search and rescue operations, pollution monitoring, disaster management, attack missions and communication purpose. This report studies the current and future aspects of solar-powered UAV market.
The report on the global Solar-powered UAV market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
KEY BENEFITS OF THE REPORT
KEY PREMIUM INDUSTRY INSIGHTS
The solar-powered UAV market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor for the solar-powered UAV market especially in the defense and military applications. Moreover, countries in this region are taking efforts to improve the capabilities of solar-powered UAV. NASA and Department of Defense in the U.S. have invested heavily to conduct research and development activities on various ongoing and futuristic projects.
The research methodology for Scalar Market Research’s solar-powered UAV market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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This report analyzes the solar-powered UAV market by the following segments:
KEY MARKET PLAYERS
Key players in the solar-powered UAV market include:
GEOGRAPHIC COVERAGE AND ANALYSIS
This granular market research report covers the following geographic regions in great detail:
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