Asia Pacific Drone Battery Market

The Asia Pacific drone battery market was valued at US$ 392.43 million in 2022 and is projected to reach US$ 1,013.31 million by 2028; it is expected to grow at a CAGR of 17.1% from 2022 to 2028.

Surge in Number of Drone Start-Ups is Driving the Asia Pacific Drone Battery Market

Earlier, drones had very limited applications. When drones were first introduced, they were strictly used for military purposes for training, target practices, air strikes, bomb detection, surveillance, and more. But with the adoption of technologies, the drones are used in several other industries that boosted its market. Drones are now used in construction, agriculture, mining, entertainment, photography, and other several sectors, which have gained the attention of entrepreneurs to bring drone solutions into the market and grow their businesses with the rising demand for drones. Therefore, there is a rise in drone start-ups across various regions. For instance, in June 2022, Money Control stated that there was an increase of ~34% in the number of drone start-ups in India, with 220 drone startups between August 2021 and February 2022. Rising use of drones across various industries and growing number of competitors will encourage startups to provide cost-efficient and better solutions to customers as a competitive advantage over each other. They will try to reach more industries and customers by increasing their production of drones that can be used across several industries. The production of drones is directly proportional to the production of drone batteries. Thus, the growing number of drone startups will create a lucrative opportunity for the drone battery market growth.

Asia Pacific Drone Battery Market Overview

Based on country, the Asia Pacific drone battery market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Asia Pacific is one of the fastest-growing regions due to the presence of many drone battery manufacturers in China and India. Some Chinese and Indian companies providing lithium polymer batteries are URGENEX RC Hobby and Orange, among others. URGENEX RC Hobby provides LiPo drone batteries ranging from 380 mAh to 3000 mAh. The governments of various countries are adopting drone technology across various sectors for surveillance and mapping. For instance, in June 2022, the Department of Steel and Mines (DoSM) of Odisha, India, decided to use drones in mining operations to detect stockpiles, surveying, and maps better to maintain a safe and secure environment in the mining field.

The growing initiatives by governments and industry giants to boost drone technology in the region, coupled with the presence of several market players, supports the growth of the Asia Pacific drone battery market.

Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Drone Battery Strategic Insights

Strategic insights for the Asia Pacific Drone Battery provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Drone Battery Report Scope

Asia Pacific Drone Battery Regional Insights

The geographic scope of the Asia Pacific Drone Battery refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Asia Pacific Drone Battery Market Segmentation

The Asia Pacific drone battery market is segmented into drone type, battery type, battery capacity, industry, and country.

Based on drone type, Asia Pacific drone battery market is segmented into mini quad and micro quad. The mini quad segment held the largest market share in 2022.   

Based on battery type, Asia Pacific drone battery market is segmented into below NiCad, NiMH, and LiPo. The LiPo segment held the largest market share in 2022.

Based on battery capacity, Asia Pacific drone battery market is segmented into below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, above 10,000 mAh. The below 3000 mAh segment held the largest market share in 2022.

Based on Industry, Asia Pacific drone battery market is segmented into agriculture and forestry, infrastructure inspection, utilities, construction, mining, others. The agriculture and forestry segment held the largest market share in 2022.

Based on country, the Asia Pacific drone battery market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market in 2022.

SZ DJI Technology Co; Drone SAS; Shenzhen Grepow Battery Co Ltd; Amperex Technology Ltd; Autel Robotics Co Ltd; and MicroMultiCopter Aero Technology Co Ltd are the leading companies operating in the Asia Pacific drone battery market.