Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 579.28 Million

CAGR (2024-2029)

5.57%

Fastest Growing Segment

Rotorcraft

Largest Market

North America

Market Size (2029)

USD 801.05 Million





Market Overview

Global Solar Powered UAV Market was valued at USD 579.28 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.57% through 2029. The global solar-powered UAV (Unmanned Aerial Vehicle) market is witnessing significant growth, driven by the increasing demand for sustainable and energy-efficient aerial systems. These UAVs harness solar energy through photovoltaic cells embedded in their wings or bodies, allowing for extended flight durations and reduced reliance on conventional fuel sources. This capability makes them particularly appealing for applications that require long endurance, such as environmental monitoring, surveillance, and communication relay. The integration of advanced solar technologies and lightweight materials has further enhanced the performance and efficiency of these UAVs, making them a viable option for both military and commercial purposes.

Technological advancements are playing a crucial role in the evolution of solar-powered UAVs. Innovations in battery storage, photovoltaic efficiency, and aerodynamics have collectively contributed to the enhanced operational capabilities of these drones. Enhanced battery storage systems allow solar-powered UAVs to store excess energy during the day for use during nighttime operations, thereby ensuring continuous flight. Additionally, improvements in photovoltaic cell efficiency enable these UAVs to capture and utilize more solar energy, increasing their operational range and endurance. The focus on lightweight materials, such as advanced composites, reduces the overall weight of the UAVs, allowing for better flight performance and higher payload capacities.

The growing awareness of environmental sustainability and the need for green technologies have propelled the adoption of solar-powered UAVs across various industries. Governments and organizations are increasingly investing in these UAVs for applications ranging from disaster management and agricultural monitoring to border security and scientific research. The ability to operate autonomously for extended periods without the need for frequent refueling or recharging aligns with the global push towards reducing carbon footprints and promoting renewable energy sources. As a result, the solar-powered UAV market is poised for robust growth, with ongoing research and development efforts expected to further expand their capabilities and applications in the coming years.

Market Drivers

Environmental Concerns and Renewable Energy Adoption

The increasing global concerns over environmental sustainability, climate change, and the depletion of non-renewable energy resources are significant drivers of the Solar Powered UAV market. Solar-powered UAVs represent a sustainable and environmentally friendly alternative to traditional fossil fuel-powered drones and aircraft. These UAVs utilize solar panels to harness energy from the sun, which is then converted into electrical power to operate the aircraft. This renewable energy source reduces carbon emissions, contributing to a greener and more sustainable aviation industry. As governments and organizations around the world commit to reducing their carbon footprint, the adoption of solar-powered UAVs aligns with these environmental goals. Many nations have set ambitious targets to reduce greenhouse gas emissions, and the aerospace industry is under increasing pressure to innovate and transition to cleaner energy sources. Solar-powered UAVs offer a compelling solution, as they can operate for extended durations without the need for refueling, making them ideal for applications such as environmental monitoring, wildlife conservation, and surveillance without contributing to pollution. The adoption of solar-powered UAVs is not limited to governmental entities but also extends to commercial enterprises looking to improve their environmental credentials and adhere to stricter environmental regulations. The growing emphasis on sustainability and the shift towards renewable energy sources provide a strong market driver for solar-powered UAVs.

Advancements in Solar Technology

The second major driver of the global Solar Powered UAV market is the continuous advancement of solar technology. Solar panels have seen remarkable improvements in efficiency, durability, and cost-effectiveness. These advancements have a direct impact on the feasibility and performance of solar-powered UAVs. Key developments in solar technology that drive the market include Ongoing research and development efforts have led to the creation of high-efficiency solar cells that can convert a larger portion of sunlight into electricity. This means that smaller and lighter solar panels can generate the same or even more power, enhancing the endurance and payload capacity of solar-powered UAVs. Solar panels are becoming lighter, more flexible, and easier to integrate into the UAV's design. These advancements result in reduced weight and improved aerodynamics, contributing to longer flight durations and better overall performance. Advanced energy storage systems, including high-capacity batteries and supercapacitors, complement solar panels by storing excess energy for use during night flights or cloudy conditions. This combination of solar panels and energy storage ensures uninterrupted mission capabilities. Solar panels are being engineered to withstand harsh environmental conditions, such as extreme temperatures, high altitudes, and rough landings. This durability enhances the reliability of solar-powered UAVs, making them suitable for a wider range of applications. As solar technology continues to evolve, solar-powered UAVs become more efficient and practical, expanding their applications beyond surveillance and environmental monitoring to long-endurance missions, such as stratospheric flights, telecommunications, and disaster response. In April 2023, for instance, Kea Aerospace successfully launched its solar-powered stratospheric UAV from an electric vehicle. The event took place recently, demonstrating innovative integration of renewable energy technologies. Engineers meticulously planned and executed the launch to ensure seamless coordination between the UAV and the electric vehicle platform. This milestone highlights Kea Aerospace's commitment to sustainable aviation solutions. The achievement attracted attention from the aerospace community, emphasizing the feasibility of using electric vehicles as mobile launch platforms for high-altitude missions.

Growing Demand for Persistent Surveillance

Persistent surveillance is a critical requirement for defense, security, and monitoring operations. Solar Powered UAVs are uniquely positioned to meet this demand due to their ability to stay aloft for extended periods. This capability is particularly advantageous in military and defense applications, where continuous aerial monitoring is essential for situational awareness and threat detection. In the defense sector, solar-powered UAVs are being used for intelligence, surveillance, and reconnaissance (ISR) missions. They offer the advantage of long endurance without the need for frequent refueling or landing. These UAVs can perform various tasks, including border surveillance, tracking of hostile forces, and monitoring large areas for extended durations. Furthermore, solar-powered UAVs are gaining popularity in disaster response and humanitarian missions. They can provide real-time information on disaster-stricken areas, assist in search and rescue operations, and deliver communication services to affected regions. The ability to stay in the air for days or even weeks makes them invaluable for disaster management, as they can relay vital data to emergency responders. Beyond defense and disaster relief, persistent surveillance is relevant in applications like agricultural monitoring, wildlife conservation, and infrastructure inspection. The demand for uninterrupted, long-term monitoring drives the adoption of solar-powered UAVs across various sectors, contributing to the growth of the global market.

Expanding Commercial Applications

The fourth driver of the global Solar Powered UAV market is the rapidly expanding range of commercial applications. Solar-powered UAVs have found utility in numerous sectors, creating new business opportunities and revenue streams. Some notable commercial applications include Solar-powered UAVs that are used for precision agriculture, enabling farmers to monitor crop health, assess irrigation needs, and optimize farming operations. The extended flight durations allow for large-scale, automated surveys of farmland, reducing the need for ground-based inspections. Solar-powered UAVs are employed to enhance and extend mobile network coverage in remote or disaster-stricken areas. These UAVs serve as aerial cell towers, providing emergency communication capabilities and supporting connectivity in underserved regions. Solar-powered UAVs are instrumental in environmental research and conservation efforts. They are used to track wildlife, study ecosystems, monitor deforestation, and assess the impact of climate change. Their long endurance makes them ideal for collecting continuous data over vast areas. Solar-powered UAVs are increasingly used to inspect critical infrastructure, such as power lines, pipelines, and bridges. They can cover extensive networks efficiently and identify potential issues before they escalate, reducing maintenance costs and improving safety. In remote or underserved areas, solar-powered UAVs can serve as platforms for delivering internet connectivity. This application is especially relevant in regions with limited access to traditional internet infrastructure. The expansion of commercial applications broadens the customer base for solar-powered UAVs, attracting investment and fostering innovation in the industry. As businesses discover new ways to leverage the capabilities of these aircraft, the market continues to grow.

Government and Defense Investments

Government and defense investments are significant drivers of the global Solar Powered UAV market. Many governments recognize the strategic advantages of solar-powered UAVs and are allocating substantial budgets to research, development, and procurement. These investments are motivated by several key factors: Governments are investing in solar-powered UAVs for national security purposes, including border surveillance, reconnaissance, and intelligence gathering. These UAVs offer the ability to maintain a continuous presence in sensitive areas, enhancing security and situational awareness. Solar-powered UAVs represent cutting-edge technology with military applications. Governments aim to stay at the forefront of technological advancements, and the development of solar-powered UAVs is seen as a strategic investment in innovation and defense capabilities. Solar-powered UAVs play a crucial role in disaster response and humanitarian missions. Governments allocate resources to acquire and operate these UAVs for efficient disaster management and aid delivery.


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Key Market Challenges

Limited Energy Storage and Energy Density

One of the most significant challenges facing solar-powered UAVs is the limited energy storage capacity of batteries and the relatively low energy density of photovoltaic (solar) cells. These limitations affect the UAVs' endurance, payload capacity, and operational range. Energy Storage: Batteries, such as lithium-polymer or lithium-ion, are the primary means of storing energy generated by the solar cells on these UAVs. While battery technology has improved over the years, it still lags behind the energy density of conventional aviation fuels. This results in relatively short flight durations and reduced payload capacity, particularly when compared to traditional, fuel-powered UAVs. Photovoltaic cells, which capture solar energy to power the UAV, have a limited energy density. Solar cells are generally less efficient in converting sunlight into electricity compared to the energy potential of fossil fuels. This means that solar-powered UAVs need large surface areas covered with solar cells to generate sufficient power. These limitations can be addressed by ongoing research and development efforts aimed at improving battery technology and solar cell efficiency. New battery chemistries, such as solid-state batteries, and advancements in photovoltaic technology may lead to substantial improvements in energy storage and density, ultimately increasing the endurance and payload capacity of solar-powered UAVs.

Weather Dependency

Solar-powered UAVs are heavily reliant on sunlight to generate the electricity needed for flight. As such, they are particularly vulnerable to adverse weather conditions that reduce or block access to sunlight. Cloudy days, rain, snow, or nighttime can significantly impact the UAV's ability to generate power. In regions with frequent cloudy weather or during the night, the UAV's endurance is dramatically reduced. This limitation can be particularly challenging for missions that require continuous, long-duration flight, such as surveillance, environmental monitoring, or disaster response. The weather dependency of solar-powered UAVs limits their operational flexibility. They may not be suitable for certain applications in regions with unpredictable weather patterns or where extended periods of darkness occur.

High Initial Costs

Solar-powered UAVs often come with higher initial acquisition costs compared to traditional, fuel-powered UAVs. The cost of advanced photovoltaic cells, lightweight materials, and specialized technology contributes to this price difference. While the operating costs of solar-powered UAVs are generally lower due to their reliance on solar energy, the high upfront investment can be a barrier to entry for potential users. Potential users, especially in industries like agriculture, telecommunications, and environmental monitoring, need to perform a cost-benefit analysis to justify the investment in solar-powered UAVs. They must evaluate the long-term savings and benefits in terms of reduced fuel consumption and environmental impact. For some users, the return on investment may take several years to materialize, and this extended payback period can be a deterrent, particularly for organizations with limited budgets or short-term perspectives. As the solar-powered UAV market matures and production scales up, economies of scale are likely to reduce acquisition costs. Additionally, government incentives, subsidies, or research grants can help lower initial costs for organizations looking to adopt solar-powered UAV technology.

Payload Limitations

Solar-powered UAVs face restrictions on the size and weight of payloads they can carry. These limitations are primarily due to the need to keep the UAVs lightweight to maximize their solar energy efficiency and endurance. The need for lightweight materials and energy-efficient designs results in reduced payload capacity. This can be a limiting factor for certain applications that require larger or heavier payloads, such as high-end cameras, heavy sensors, or equipment for specific missions. Users may need to make trade-offs between payload capacity and endurance. Increasing payload weight typically reduces the UAV's flight duration. One potential solution is to optimize the design of payloads for solar-powered UAVs, making them smaller and lighter without compromising their functionality. Advanced materials and miniaturized sensors can help reduce the payload's weight while maintaining its performance. Additionally, advancements in energy storage and solar cell efficiency can enable solar-powered UAVs to carry larger payloads without sacrificing endurance.

Regulatory Challenges

Solar-powered UAVs must adhere to a complex web of regulations and restrictions set by aviation authorities. These regulations cover various aspects, including flight altitude, airspace access, safety standards, and pilot certification. Adhering to these rules is essential for ensuring the safe and legal operation of solar-powered UAVs. Integrating solar-powered UAVs into shared airspace with manned aircraft and other UAVs requires thorough coordination with aviation authorities and air traffic management systems. Ensuring safe coexistence and avoiding conflicts is a significant challenge. Meeting safety standards is paramount. Regulatory bodies often have stringent requirements for the design, maintenance, and operation of UAVs. Solar-powered UAV manufacturers and operators must ensure that their systems comply with these standards to receive necessary certifications. Some regions may impose operational restrictions on solar-powered UAVs, such as limitations on altitude, flight duration, or mission types. These restrictions can affect the feasibility of certain applications.

Key Market Trends

Rapid Technological Advancements

Solar-powered UAVs have seen remarkable technological advancements in recent years. These innovations include more efficient photovoltaic cells, lightweight materials, and improved energy storage systems. The integration of advanced sensors, communication equipment, and autonomous navigation capabilities has significantly enhanced the performance and versatility of solar-powered UAVs. These advancements are driving the development of UAVs with longer endurance and extended operational ranges. As a result, solar-powered UAVs are becoming more competitive with traditional, fossil-fuel-powered drones in terms of flight duration. The ability to harness solar energy efficiently allows these UAVs to stay airborne for extended periods, making them ideal for applications such as surveillance, monitoring, and environmental research.

Additionally, ongoing research in artificial intelligence (AI) and machine learning is enabling solar-powered UAVs to autonomously adapt to changing environmental conditions, optimize flight paths, and improve data collection capabilities. As technology continues to evolve, solar-powered UAVs are poised to become even more effective across a broader spectrum of applications. In 2023, China developed high-energy laser beams compatible with UAVs, designed not to shoot drones but to power them for indefinite flight. The breakthrough, announced recently, focused on sustainable flight capabilities using laser energy. Engineers perfected the technology to optimize UAV endurance without traditional fuel constraints. This innovation represents a significant leap in unmanned aerial vehicle technology, emphasizing China's commitment to advancing aerospace sustainability. The development garnered interest globally for its potential applications in prolonged aerial missions and remote surveillance.

Environmental Sustainability and Energy Efficiency

The growing focus on environmental sustainability and the need to reduce carbon footprints is a major driver in the adoption of solar-powered UAVs. As concerns over climate change and pollution mount, industries and government agencies are increasingly seeking eco-friendly alternatives to traditional UAVs that rely on fossil fuels. Solar-powered UAVs offer a clean, renewable energy source, harnessing the power of the sun to generate electricity. This renewable energy reduces greenhouse gas emissions, making solar-powered UAVs a more sustainable option. It aligns with global efforts to combat climate change and meet ambitious sustainability goals.

The energy efficiency of solar-powered UAVs is particularly valuable in remote or off-grid areas where access to traditional energy sources may be limited. These UAVs can operate for extended periods without the need for frequent refueling, significantly reducing logistical and operational costs. As a result, they are increasingly deployed in applications like agricultural monitoring, disaster relief, and environmental research. In 2023, for instance, A Californian solar-powered UAV achieved a new endurance record during a flight in Oregon. The UAV, designed for long-duration missions, surpassed previous flight times by several hours. Engineers optimized its solar panels to maximize energy efficiency, enabling extended flight capabilities. This accomplishment represents a significant advancement in unmanned aerial vehicle technology. The record-setting flight garnered attention from aerospace experts and enthusiasts alike, showcasing the potential for prolonged aerial operations using renewable energy sources.

Expanding Range of Applications

The versatility of solar-powered UAVs is opening up a wide range of applications across different sectors. Initially used for surveillance and research, their capabilities have expanded to include applications in agriculture, environmental monitoring, telecommunications, and more. Solar-powered UAVs are employed for precision agriculture, enabling farmers to monitor crop health, assess soil quality, and optimize irrigation. These UAVs can cover vast agricultural areas and provide real-time data, improving crop yield and resource efficiency. Solar-powered UAVs are valuable tools for environmental monitoring, such as tracking wildlife migration patterns, studying ecosystems, and assessing air and water quality. They can access remote and inaccessible locations, making them indispensable for scientific research and conservation efforts. Solar-powered UAVs equipped with communication payloads are used to extend network coverage in remote areas or during disaster recovery. They act as flying communication relays, providing connectivity where terrestrial infrastructure is unavailable. Solar-powered UAVs are used for long-duration surveillance and security missions, providing persistent aerial coverage for law enforcement, border control, and critical infrastructure protection. In disaster-stricken areas, solar-powered UAVs can be deployed for search and rescue operations. Their extended flight duration and versatility in various weather conditions make them valuable assets in these critical situations.

Regulatory and Safety Considerations

As the adoption of solar-powered UAVs continues to rise, regulatory and safety considerations are becoming more prominent. Governments and aviation authorities worldwide are working to establish guidelines and regulations for the operation of UAVs, including solar-powered ones. Safety and reliability standards are crucial, particularly in industries where solar-powered UAVs are used for critical missions, such as surveillance, search and rescue, or infrastructure inspection. Ensuring that these UAVs are equipped with the necessary fail-safes and redundancies is a priority.

Moreover, privacy concerns related to surveillance applications and data collection by solar-powered UAVs are prompting the development of guidelines for responsible and ethical usage. Striking the right balance between innovation and safeguarding individual rights is an ongoing challenge. Interoperability and integration with existing air traffic management systems are also vital for the safe operation of solar-powered UAVs in shared airspace. Ensuring that these UAVs can operate seamlessly alongside manned aircraft and other UAVs is an important aspect of regulatory considerations.

While navigating this evolving regulatory landscape can be complex, it is essential for the long-term viability and acceptance of solar-powered UAVs across various industries.

Market Growth and Investment Opportunities

The market for solar-powered UAVs is experiencing steady growth, driven by increasing demand and investments from both the public and private sectors. Solar-powered UAVs have demonstrated their potential to provide cost-effective, sustainable solutions in various applications, attracting interest from industries such as agriculture, telecommunications, defense, and environmental monitoring.

Government agencies and military forces are investing in solar-powered UAVs for surveillance, reconnaissance, and communication purposes. In agriculture, precision farming and crop monitoring are driving adoption. Telecommunications companies see potential in using solar-powered UAVs to extend their network coverage.

Furthermore, the emergence of start-ups and technology companies specializing in solar-powered UAVs is contributing to market growth. These companies are leveraging technological advancements and innovative designs to offer competitive solutions. Investment opportunities in the solar-powered UAV market include funding for research and development, manufacturing, and infrastructure development. These investments support the ongoing evolution of solar-powered UAV technology and its expansion into new applications and markets.

Segmental Insights

Type Analysis

Rotorcraft is the fastest-growing segment in the global solar-powered UAV market due to several compelling factors. First, the inherent design of rotorcraft UAVs, which allows for vertical takeoff and landing (VTOL), makes them exceptionally versatile and capable of operating in diverse and challenging environments. This capability is crucial for applications such as infrastructure inspection, search and rescue missions, and urban surveillance, where space constraints and accessibility issues are significant concerns. The ability to hover and maneuver in tight spaces enhances their utility in these scenarios, driving demand and growth in this segment.

Secondly, advancements in solar technology and energy storage have significantly improved the performance and efficiency of rotorcraft UAVs. Modern solar panels have become more efficient at converting sunlight into electrical energy, and innovations in lightweight materials have reduced the overall weight of these UAVs, allowing for longer flight times and higher payload capacities. Enhanced battery storage systems also enable these UAVs to store excess solar energy for use during periods of low sunlight, such as cloudy days or nighttime operations. These technological improvements have expanded the range of applications for rotorcraft solar-powered UAVs, making them more attractive for various commercial, industrial, and governmental uses.

Lastly, the growing emphasis on environmental sustainability and the push towards renewable energy solutions have accelerated the adoption of solar-powered rotorcraft UAVs. As organizations and governments worldwide seek to reduce their carbon footprints, the demand for eco-friendly and energy-efficient technologies has increased. Solar-powered rotorcraft UAVs align with these goals by offering a sustainable alternative to conventional fuel-powered drones, thereby contributing to the reduction of greenhouse gas emissions. This alignment with global sustainability objectives has further spurred investment and interest in the rotorcraft segment, cementing its rapid growth in the market.


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Regional Insights

North America is dominating the global solar-powered UAV market due to several key factors. Firstly, the region has a robust technological and industrial base, which has facilitated significant advancements in UAV technology. Leading research institutions, universities, and companies in North America are at the forefront of developing innovative solar-powered UAVs, leveraging cutting-edge technology and extensive R&D investments. This strong foundation enables the region to produce highly advanced and efficient UAVs, driving market dominance. North America’s well-established regulatory framework supports the development and deployment of UAVs. The Federal Aviation Administration (FAA) in the United States, for example, has implemented regulations and policies that promote the safe and efficient use of UAVs for both commercial and governmental purposes. These regulations provide a clear pathway for the integration of UAVs into various sectors, including agriculture, defense, and environmental monitoring, thereby encouraging widespread adoption and growth of the market.

North America’s defense sector significantly contributes to its dominance in the solar-powered UAV market. The United States, in particular, allocates substantial budgets for defense-related UAV projects, recognizing the strategic advantages of solar-powered UAVs in surveillance, intelligence, and reconnaissance missions. The military’s demand for long-endurance and energy-efficient UAVs drives innovation and production, further strengthening North America’s leading position in the market.

The region’s emphasis on environmental sustainability and renewable energy solutions aligns with the benefits of solar-powered UAVs. Governments and private enterprises in North America are increasingly investing in green technologies to reduce carbon footprints and promote sustainable practices. Solar-powered UAVs, which offer a renewable energy source and extended operational capabilities, fit well within these environmental goals, bolstering their adoption across various industries and solidifying North America’s dominance in the global market.

Recent Developments

  • In February 2024, The National Aerospace Laboratories (NAL) has successfully tested a groundbreaking solar-powered UAV, dubbed the 'pseudo satellite.' This innovative drone can float in the air for days, harnessing solar energy for extended flight durations. The successful test marks a significant milestone in UAV technology, promising enhanced capabilities for surveillance, communication, and environmental monitoring.
  • In Febuary 2024, During the World Defense Show (WDS) 2024 in Saudi Arabia, the PHASA-35 drew significant attention as an innovative high-altitude pseudo-satellite (HAPS) technology. Developed by Prismatic Ltd., a subsidiary of BAE Systems, this solar-powered unmanned aerial system (UAS) is known for its lightweight design and ability to sustain long-duration flights for surveillance and communication purposes. Its introduction marked a notable milestone in unmanned aerial systems, attracting interest from global defense and aerospace industries.
  • In October 2023, Rwanda and SoftBank collaborated to successfully test 5G connectivity in the stratosphere using a solar-powered UAV. The test, completed recently, demonstrated the UAV's capability to provide high-speed internet from the upper atmosphere. Engineers from both teams optimized the UAV's solar panels for maximum efficiency. This achievement marks a significant milestone in telecommunications technology, showing potential for expanding internet access in remote regions. The successful test garnered attention from global tech and telecom sectors, highlighting advancements in aerial connectivity solutions.

Key Market Players

  • AeroVironment, Inc.
  • Airbus SE
  • The Boeing Company
  • BAE systems plc
  • Barnard Microsystems Ltd
  • C-Astral d.o.o.
  • Lockheed Martin Corporation
  • Textron Inc.
  • SZ DJI Technology Co., Ltd.
  • Sunlight Aerospace

By Type                                               

By Component Type                                                          

By Application Type                           

By Region                                   

  • Fixed Wing
  • Rotorcraft
  • Umbrella
  • Propulsion System
  • Airframe
  • Guidance Navigation and Control System
  • Payload
  • Defense
  • Commercial
  • North America
  • Europe & CIS
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Solar Powered UAV Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Solar Powered UAV Market, By Type:

o   Fixed Wing

o   Rotorcraft

o   Umbrella

  • Solar Powered UAV Market, By Component Type:

o   Propulsion System

o   Airframe

o   Guidance Navigation and Control System

o   Payload

  • Solar Powered UAV Market, By Application Type:

o   Defense

o   Commercial

  • Solar Powered UAV Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Solar Powered UAV Market.

Available Customizations:

Global Solar Powered UAV market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Solar Powered UAV Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Solar Powered UAV Market

5.    Global Solar Powered UAV Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Fixed Wing, Rotorcraft, Umbrella)

5.2.2.    By Component Type Market Share Analysis (Propulsion System, Airframe, Guidance Navigation and Control System, Payload)

5.2.3.    By Application Type Market Share Analysis (Defense, Commercial)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        Asia-Pacific Market Share Analysis

5.2.4.2.        Europe & CIS Market Share Analysis

5.2.4.3.        North America Market Share Analysis

5.2.4.4.        South America Market Share Analysis

5.2.4.5.        Middle East & Africa Market Share Analysis

5.2.5.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Solar Powered UAV Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Component Type Market Mapping & Opportunity Assessment

5.3.3.    By Application Type Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Solar Powered UAV Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value  

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Component Type Market Share Analysis

6.2.3.    By Application Type Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        China Market Share Analysis

6.2.4.2.        India Market Share Analysis

6.2.4.3.        Japan Market Share Analysis

6.2.4.4.        Indonesia Market Share Analysis

6.2.4.5.        Thailand Market Share Analysis

6.2.4.6.        South Korea Market Share Analysis

6.2.4.7.        Australia Market Share Analysis

6.2.4.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Solar Powered UAV Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value  

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Component Type Market Share Analysis

6.3.1.2.3.           By Application Type Market Share Analysis

6.3.2.    India Solar Powered UAV Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Component Type Market Share Analysis

6.3.2.2.3.           By Application Type Market Share Analysis

6.3.3.    Japan Solar Powered UAV Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Component Type Market Share Analysis

6.3.3.2.3.           By Application Type Market Share Analysis

6.3.4.    Indonesia Solar Powered UAV Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type Market Share Analysis

6.3.4.2.2.           By Component Type Market Share Analysis

6.3.4.2.3.           By Application Type Market Share Analysis

6.3.5.    Thailand Solar Powered UAV Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value  

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type Market Share Analysis

6.3.5.2.2.           By Component Type Market Share Analysis

6.3.5.2.3.           By Application Type Market Share Analysis

6.3.6.    South Korea Solar Powered UAV Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value  

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Type Market Share Analysis

6.3.6.2.2.           By Component Type Market Share Analysis

6.3.6.2.3.           By Application Type Market Share Analysis

6.3.7.    Australia Solar Powered UAV Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value  

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Type Market Share Analysis

6.3.7.2.2.           By Component Type Market Share Analysis

6.3.7.2.3.           By Application Type Market Share Analysis

7.    Europe & CIS Solar Powered UAV Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value  

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Component Type Market Share Analysis

7.2.3.    By Application Type Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Market Share Analysis

7.2.4.2.        Spain Market Share Analysis

7.2.4.3.        France Market Share Analysis

7.2.4.4.        Russia Market Share Analysis

7.2.4.5.        Italy Market Share Analysis

7.2.4.6.        United Kingdom Market Share Analysis

7.2.4.7.        Belgium Market Share Analysis

7.2.4.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Solar Powered UAV Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Component Type Market Share Analysis

7.3.1.2.3.           By Application Type Market Share Analysis

7.3.2.    Spain Solar Powered UAV Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value  

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Component Type Market Share Analysis

7.3.2.2.3.           By Application Type Market Share Analysis

7.3.3.    France Solar Powered UAV Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value  

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Component Type Market Share Analysis

7.3.3.2.3.           By Application Type Market Share Analysis

7.3.4.    Russia Solar Powered UAV Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value  

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Component Type Market Share Analysis

7.3.4.2.3.           By Application Type Market Share Analysis

7.3.5.    Italy Solar Powered UAV Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value  

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Component Type Market Share Analysis

7.3.5.2.3.           By Application Type Market Share Analysis

7.3.6.    United Kingdom Solar Powered UAV Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value  

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Type Market Share Analysis

7.3.6.2.2.           By Component Type Market Share Analysis

7.3.6.2.3.           By Application Type Market Share Analysis

7.3.7.    Belgium Solar Powered UAV Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value  

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Type Market Share Analysis

7.3.7.2.2.           By Component Type Market Share Analysis

7.3.7.2.3.           By Application Type Market Share Analysis

8.    North America Solar Powered UAV Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value  

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Component Type Market Share Analysis

8.2.3.    By Application Type Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        United States Market Share Analysis

8.2.4.2.        Mexico Market Share Analysis

8.2.4.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Solar Powered UAV Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value  

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Component Type Market Share Analysis

8.3.1.2.3.           By Application Type Market Share Analysis

8.3.2.    Mexico Solar Powered UAV Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value  

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Component Type Market Share Analysis

8.3.2.2.3.           By Application Type Market Share Analysis

8.3.3.    Canada Solar Powered UAV Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value  

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Component Type Market Share Analysis

8.3.3.2.3.           By Application Type Market Share Analysis

9.    South America Solar Powered UAV Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value  

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Component Type Market Share Analysis

9.2.3.    By Application Type Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Brazil Market Share Analysis

9.2.4.2.        Argentina Market Share Analysis

9.2.4.3.        Colombia Market Share Analysis

9.2.4.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Solar Powered UAV Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Component Type Market Share Analysis

9.3.1.2.3.           By Application Type Market Share Analysis

9.3.2.    Colombia Solar Powered UAV Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value  

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Component Type Market Share Analysis

9.3.2.2.3.           By Application Type Market Share Analysis

9.3.3.    Argentina Solar Powered UAV Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Component Type Market Share Analysis

9.3.3.2.3.           By Application Type Market Share Analysis

10. Middle East & Africa Solar Powered UAV Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value   

10.2.            Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Component Type Market Share Analysis

10.2.3. By Application Type Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     South Africa Market Share Analysis

10.2.4.2.     Turkey Market Share Analysis

10.2.4.3.     Saudi Arabia Market Share Analysis

10.2.4.4.     UAE Market Share Analysis

10.2.4.5.     Rest of Middle East & Africa Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Solar Powered UAV Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Component Type Market Share Analysis

10.3.1.2.3.         By Application Type Market Share Analysis

10.3.2. Turkey Solar Powered UAV Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Component Type Market Share Analysis

10.3.2.2.3.         By Application Type Market Share Analysis

10.3.3. Saudi Arabia Solar Powered UAV Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value  

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Component Type Market Share Analysis

10.3.3.2.3.         By Application Type Market Share Analysis

10.3.4. UAE Solar Powered UAV Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value  

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Component Type Market Share Analysis

10.3.4.2.3.         By Application Type Market Share Analysis

11. SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12. Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. AeroVironment, Inc.

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Airbus SE

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. The Boeing Company

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. BAE systems plc

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Barnard Microsystems Ltd

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. C-Astral d.0.0.

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Lockheed Martin Corporation

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Textron Inc.

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. SZ DJI Technology Co., Ltd.

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10. Sunlight Aerospace 

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Type

15.1.3. Target Application Type  

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Solar Powered UAV Market was estimated to be USD 579.28 million in 2023.

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In 2023, rotorcraft emerged as the fastest-growing segment by type in the global solar-powered UAV market. This growth was driven by advancements in hybrid designs combining solar power with rotor-based propulsion systems, enhancing efficiency and versatility for various applications such as surveillance, reconnaissance, and environmental monitoring.

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North America maintains a commanding position in the global solar-powered UAV market, driven by robust R&D, substantial aerospace investments, and the presence of key industry leaders. The region's leadership underscores its commitment to technological innovation and strategic collaborations, driving advancements in solar-powered unmanned aerial systems.

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The major drivers for the global solar-powered UAV market include increasing demand for long-endurance aerial missions, advancements in solar technology enhancing UAV efficiency, and growing applications in surveillance, agriculture, and environmental monitoring sectors.

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Srishti Verma

Business Consultant
Press Release

Solar Powered UAV Market to Grow with a CAGR of 5.46% Globally through to 2028

Dec, 2023

Environmental Concerns and Renewable Energy Adoption, Advancements in Solar Technology, and Growing Demand for Persistent Surveillance are factors driving the Global Solar Powered UAV market in the f