Drone battery endurance is one of the major issues for the drone industry. A drone battery with a good charging capacity can resolve this issue. Charge capacity is the amount of energy used in charging a battery. Mini and micro drones used for surveying and mapping in several applications, such as construction, mining, and agriculture, require battery capacities ranging from 10,000 mAh to 15,000 mAh. These drones use rechargeable batteries. Therefore, companies are engaged in providing good battery charging solutions. For instance, according to GensTattu, in January 2022, Tattu launched NMC 532 fast-charging battery for drones. These batteries are made with a 15% reduction in weight which improves their performance. One of the main features of these batteries is their specialist cathode ratio, which improved the battery efficiency by 60%. Mini and micro drones are used for up to 1 hour which get charged with limited charging capacity. Thus, the limited charging capacity required for drone batteries, coupled with manufacturers launching advanced battery solutions, is driving the drone battery market.
The Europe drone battery market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. The A few of the major players operating in the drone battery market include AMICELL–AMIT INDUSTRIES, Parrot Drone SAS, and RRC power solutions GmbH. These market players provide drone batteries for commercial applications such as mining, agricultural, and photography applications.
Due to various advancements in drone technologies, drone manufacturers are now providing a wide range of drone models in various specifications such as sizes and weights for several applications, which is contributing to the Europe drone industry. With the growth in the drone industry, mini quad and micro quad drones are changing the way of surveying land and fields compared to traditional ones. Thus, its application across several industries is also growing, which contributes to the rise in demand for drone batteries. In addition, market players are engaged in adapting various initiatives to boost the drone battery market. For instance, in September 2022, RRC power solutions GmbH adopted a dual-sourcing strategy to avoid supply shortages. They have developed "identical solutions" to its existing standard battery packs of RRC2054. The company provides batteries with a capacity of 3,400mAh. Thus, such initiatives and strategies are expected to drive the use of these batteries in drones and positively impact the drone battery market in the coming years.
Strategic insights for the Europe 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.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 209.12 Million |
Market Size by 2028 | US$ 487.66 Million |
Global CAGR (2022 - 2028) | 15.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Drone Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe 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.
The Europe drone battery market is segmented into drone type, battery type, battery capacity, industry, and country.
Based on drone type, Europe 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, Europe 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, Europe 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, Europe 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 Europe drone battery market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. France dominated the market in 2022.
Parrot Drone SAS; Shenzhen Grepow Battery Co Ltd; RRC Power Solutions; and SZ DJI Technology Co Ltd are the leading companies operating in the Europe drone battery market.
The Europe Drone Battery Market is valued at US$ 209.12 Million in 2022, it is projected to reach US$ 487.66 Million by 2028.
As per our report Europe Drone Battery Market, the market size is valued at US$ 209.12 Million in 2022, projecting it to reach US$ 487.66 Million by 2028. This translates to a CAGR of approximately 15.2% during the forecast period.
The Europe Drone Battery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Drone Battery Market report:
The Europe Drone Battery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Drone Battery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Drone Battery Market value chain can benefit from the information contained in a comprehensive market report.