Asia Pacific Drone Lithium Battery Market Forecast to 2030 - Regional Analysis - by Battery Type (Li-ion, Li-Po, and Li-S), Battery Capacity (Below 3,000 mAh; 3,000-5,000 mAh; and Above 5,000 mAh), Drone MTOW (Below 100 Kgs, 100-200 Kgs, and Above 200 Kgs), Wing Type (Fixed Wing and Rotary Wing), and End Use (Military and Commercial)
The Asia Pacific drone lithium battery market was valued at US$ 921.65 million in 2022 and is expected to reach US$ 3,035.78 million by 2030; it is estimated to record a CAGR of 16.1% from 2022 to 2030.
Growing Number of Drone Start-ups Boosts Asia Pacific Drone Lithium Battery Market
When drones were first introduced, they were strictly used for military purposes, such as training, target practices, air strikes, bomb detection, surveillance, and more. With technology advancements, drones are being adopted in several industries. Drones have now gained attention in construction, agriculture, mining, entertainment, photography, and other sectors, which have gained the attention of entrepreneurs to bring drone solutions into the market. Therefore, there is a rise in drone start-ups across various regions to meet the demand for drones. For instance, there was an increase of ~34% in the number of drone start-ups in India, with 220 drone start-ups between August 2021 and February 2022.
The rising use of drones across various industries and the growing number of competitors will encourage start-ups to come up with cost-efficient and better solutions. They 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 start-ups will create a lucrative opportunity for the drone lithium battery market.
Asia Pacific Drone Lithium Battery Market Overview
The Asia Pacific drone lithium battery market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The market in this region is growing at a high pace, which can be attributed to a large number of drone battery manufacturers operating in China and India. A few of the Chinese and Indian companies offering lithium polymer batteries are URGENEX RC Hobby, CTECHi Technology Co Ltd, and Shenzhen Grepow Battery Co Ltd. URGENEX RC Hobby offers LiPo drone batteries with capacities ranging from 380 mAh to 3000 mAh. Government authorities in several countries are adopting drone technologies across diverse sectors for mapping and surveillance applications. In June 2022, the Department of Steel & Mines (DoSM) of Odisha, planned to utilize drones in mining operations to reinforce surveying, detect stockpiles, and read maps more effectively to maintain a safe and secure environment within mines. The DoSM seeks for using drones in mining operations. It invites interested agencies to submit their solutions for developing and implementing intelligent software platforms. Further, in September 2023, Panasonic Holdings (Japan) announced their plans to commence the sales of all-solid-state batteries for small drones and factory robots by 2029. Such initiatives by governments and market players support the growth of the Asia Pacific drone lithium battery market.
Asia Pacific Drone Lithium Battery Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Drone Lithium Battery Market Segmentation
The Asia Pacific drone lithium battery market is categorized into battery type, battery capacity, drone MTOW, wing type, end use, and country.
Based on battery type, the Asia Pacific drone lithium battery market is categorized into Li-ion, Li-Po, and Li-S. The Li-Po segment held the largest market share in 2022.
In terms of battery capacity, the Asia Pacific drone lithium battery market is categorized into below 3,000 mAh, 3,000-5,000 mAh, and 3,000-5,000 mAh. The below 3,000 mAh segment held the largest market share in 2022.
By drone MTOW, the Asia Pacific drone lithium battery market is segmented into below 100 Kgs, 100 - 200 Kgs, and above 200 Kgs. The below 100 Kgs segment held the largest market share in 2022.
In terms of wing type, the Asia Pacific drone lithium battery market is bifurcated into fixed wing and rotary wing. The rotary wing segment held a larger market share in 2022.
Based on end use, the Asia Pacific drone lithium battery market is bifurcated into commercial and military. The military segment held a larger market share in 2022. Further, the military segment is sub segmented into ISR, warfare, and others.
By country, the Asia Pacific drone lithium battery market is segmented into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific drone lithium battery market share in 2022.
LG Chem Ltd, DNK Power Co Ltd, CTECHi Technology Co Ltd, RRC Power Solutions GmbH, and Shenzhen Grepow Battery Co Ltd are some of the leading companies operating in the Asia Pacific drone lithium battery market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Drone Lithium Battery Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
4.3 Premium Insights
4.3.1 List of Lithium Battery Customers
4.3.2 List of Military Drone Manufacturers
4.3.3 Impact of Russia-Ukraine War on Drone Lithium Battery Demand
4.3.4 Drone Pricing Analysis:
4.3.4.1 South Korea Military Drone Market (US$ Million), by Country, 2020-2030
5. Asia Pacific Drone Lithium Battery Market - Key Market Dynamics
5.1 Drone Lithium Battery Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Technological Advancements in Lithium Batteries for Drones
5.2.2 Increase in Applications of Drones Across Different Industries
5.2.3 Significant Benefits Offered by Lithium Battery to Drone
5.3 Market Restraints
5.3.1 Restriction on Transport of Lithium Batteries
5.3.2 Availability of Substitute Products
5.4 Market Opportunities
5.4.1 Growing Number of Drone Start-ups
5.4.2 Development of Cutting-Edge Technologies Associated with Drone Lithium Batteries
5.5 Future Trends
5.5.1 Increasing Focus on Research and Development of High-performance Drones
5.6 Impact of Drivers and Restraints:
6. Drone Lithium Battery Market - Asia Pacific Market Analysis
6.1 Drone Lithium Battery Market Revenue (US$ Million), 2022-2030
6.2 Drone Lithium Battery Market Forecast Analysis
7. Asia Pacific Drone Lithium Battery Market Analysis - by Battery Type
7.1 Li-ion
7.1.1 Overview
7.1.2 Li-ion: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Li-Po
7.2.1 Overview
7.2.2 Li-Po: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Li-S
7.3.1 Overview
7.3.2 Li-S: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Drone Lithium Battery Market Analysis - by Battery Capacity
8.1 Below 3000 mAh
8.1.1 Overview
8.1.2 Below 3000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
8.20 - 5000 mAh
8.2.1 Overview
8.2.2 3000 - 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Above 5000 mAh
8.3.1 Overview
8.3.2 Above 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Drone Lithium Battery Market Analysis - by Drone MTOW
9.1 Below 100 KGs
9.1.1 Overview
9.1.2 Below 100 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
9.2 100 - 200 KGs
9.2.1 Overview
9.2.2 100 - 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Above 200 KGs
9.3.1 Overview
9.3.2 Above 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Drone Lithium Battery Market Analysis - by Wing Type
10.1 Fixed Wing
10.1.1 Overview
10.1.2 Fixed Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
10.2 Rotary Wing
10.2.1 Overview
10.2.2 Rotary Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
11. Asia Pacific Drone Lithium Battery Market Analysis - by End Use
11.1 Military
11.1.1 Overview
11.1.2 Military: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
11.2 Commercial
11.2.1 Overview
11.2.2 Commercial: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12. Asia Pacific Drone Lithium Battery Market - Country Analysis
12.1 Asia Pacific
12.1.1 Asia Pacific Drone Lithium Battery Market Overview
12.1.2 Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast Analysis - by Country
12.1.2.1 Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast Analysis - by Country
12.1.2.2 Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.2.1 Australia: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.2.2 Australia: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.2.3 Australia: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.2.4 Australia: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.2.5 Australia: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.2.5.1 Australia: Drone Lithium Battery Market Breakdown, by Military
12.1.2.3 China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.3.1 China: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.3.2 China: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.3.3 China: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.3.4 China: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.3.5 China: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.3.5.1 China: Drone Lithium Battery Market Breakdown, by Military
12.1.2.4 India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.4.1 India: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.4.2 India: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.4.3 India: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.4.4 India: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.4.5 India: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.4.5.1 India: Drone Lithium Battery Market Breakdown, by Military
12.1.2.5 Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.5.1 Japan: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.5.2 Japan: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.5.3 Japan: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.5.4 Japan: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.5.5 Japan: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.5.5.1 Japan: Drone Lithium Battery Market Breakdown, by Military
12.1.2.6 South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.6.1 South Korea: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.6.2 South Korea: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.6.3 South Korea: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.6.4 South Korea: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.6.5 South Korea: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.6.5.1 South Korea: Drone Lithium Battery Market Breakdown, by Military
12.1.2.7 Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.7.1 Rest of Asia Pacific: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.7.2 Rest of Asia Pacific: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.7.3 Rest of Asia Pacific: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.7.4 est of Asia Pacific: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.7.5 Rest of Asia Pacific: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.7.5.1 Rest of Asia Pacific: Drone Lithium Battery Market Breakdown, by Military
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
14. Company Profiles
14.1 LG Chem Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 DNK Power Co Ltd
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 CTECHi Technology Co Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 RRC Power Solutions GmbH
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Shenzhen Grepow Battery Co Ltd
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Drone Lithium Battery Market Segmentation
Table 2. List of Vendors
Table 3. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Table 4. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 5. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 6. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 7. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 8. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 9. Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 10. Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 11. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 12. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 13. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 14. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 15. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 16. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 17. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 18. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 19. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 20. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 21. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 22. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 23. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 24. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 25. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 26. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 27. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 28. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 29. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 30. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 31. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 32. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 33. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 34. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 35. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 36. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 37. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 38. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 39. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 40. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 41. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 42. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 43. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 44. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 45. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 46. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 47. List of Abbreviation
List of Figures
Figure 1. Drone Lithium Battery Market Segmentation, by Country
Figure 2. Ecosystem: Drone Lithium Battery Market
Figure 3. South Korea Military Drone Market Revenue (US$ Million), 2022 - 2030
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Drone Lithium Battery Market Revenue (US$ Million), 2022-2030
Figure 6. Drone Lithium Battery Market Share (%) - by Battery Type (2022 and 2030)
Figure 7. Li-ion: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Li-Po: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Li-S: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Drone Lithium Battery Market Share (%) - by Battery Capacity (2022 and 2030)
Figure 11. Below 3000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. 3000 - 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Above 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Drone Lithium Battery Market Share (%) - by Drone MTOW (2022 and 2030)
Figure 15. Below 100 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. 100 - 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Above 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Drone Lithium Battery Market Share (%) - by Wing Type (2022 and 2030)
Figure 19. Fixed Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Rotary Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Drone Lithium Battery Market Share (%) - by End Use (2022 and 2030)
Figure 22. Military: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Commercial: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Asia Pacific: Drone Lithium Battery Market, by Country - Revenue (2022) (US$ Million)
Figure 25. Asia Pacific: Drone Lithium Battery Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 26. Australia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. China: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. India: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Japan: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. South Korea: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Rest of Asia Pacific: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
1. LG Chem Ltd
2. DNK Power Co Ltd
3. CTECHi Technology Co Ltd
4. RRC Power Solutions GmbH
5. Shenzhen Grepow Battery Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific drone lithium battery market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific drone lithium battery market, as well as those hindering it.
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