Europe 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 Europe drone lithium battery market was valued at US$ 1,148.81 million in 2022 and is expected to reach US$ 3,630.29 million by 2030; it is estimated to record a CAGR of 15.5% from 2022 to 2030.
Increase in Applications of Drones Across Different Industries Drives Europe Drone Lithium Battery Market
The drone industry is currently considered one of the fastest-growing industries. Drones have gained immense traction as they can facilitate data collection, mapping, and surveying in extreme environmental conditions where manual surveying techniques are risky and impossible. Using mini and micro quad drones for scanning and surveying solutions is considered extremely beneficial in places where humans cannot perform tasks promptly and efficiently.
Drones help study aerial data in construction, photography, agriculture, and other industries to capture accurate data in a short time, which would otherwise become quite tedious when performed manually. Surveillance by these drones helps better analyze situations to make certain decisions beneficial to increase productivity. For example, surveillance of drones in agricultural fields helps detect insect and pest situations that can be treated and prevented with early drone analysis. Thus, using drones as a cost-effective solution to increase productivity fuels the demand for drones, further propelling the drone battery market.
Europe Drone Lithium Battery Market Overview
The drone lithium battery market in Europe is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. With advancements in drone technologies, drone manufacturers in Europe are providing a wide range of models with various specifications, such as sizes and weights, for different applications. Along with the growth in the drone industry, micro quad and mini quad drones are transforming the traditional approach of drone surveillance of fields and land.
Major companies in the market in this region include Enix Power Solutions, Parrot Drone SAS, and RRC Power Solutions GmbH. They provide lithium batteries for drones used in commercial mining, agriculture, and photography applications. Further, drone lithium battery market players are taking various initiatives to strengthen their market positions. For instance, in March 2023, Montavista Energy Technologies Corporation (Montavista), an innovative lithium metal battery (LMB) technology company, launched a new LMB product line featuring high power and specific energy. In recent flight tests conducted by several drone developers, the commercial drones equipped with this new METARY P series product of Montavista have demonstrated ~60-80% longer flight time compared to other commercial lithium-ion batteries (LIB). Such product development initiatives are projected to propel the utilization of these batteries in drones, thereby bolstering the drone lithium battery market in Europe in the coming years.
In November 2022, the European Commission adopted the European Drone Strategy 2.0. The strategy aims to prompt the development of drones along with a safety framework for their operations to boost large-scale commercial drone production. Such initiatives by European governments to boost the drone industry are further expected to fuel the use of drone lithium batteries in the region in the coming years.
Europe Drone Lithium Battery Market Revenue and Forecast to 2030 (US$ Million)
Europe Drone Lithium Battery Market Segmentation
The Europe drone lithium battery market is categorized into battery type, battery capacity, drone MTOW, wing type, end use, and country.
Based on battery type, the Europe 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 Europe 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 Europe 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 Europe 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 Europe drone lithium battery market is bifurcated into commercial and military. The commercial segment held a larger market share in 2022. Further, the military segment is sub segmented into ISR, warfare, and others.
By country, the Europe drone lithium battery market is segmented into the Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe drone lithium battery market share in 2022.
LG Chem Ltd, Parrot drone SAS, Upergy Ltd, RRC Power Solutions GmbH, and Shenzhen Grepow Battery Co Ltd are some of the leading companies operating in the Europe 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. Europe 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:
5. Europe Drone Lithium Battery Market - Key Market Dynamics
5.1 Europe 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 - Europe Market Analysis
6.1 Drone Lithium Battery Market Revenue (US$ Million), 2022-2030
6.2 Drone Lithium Battery Market Forecast Analysis
7. Europe 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. Europe 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)
8.2 3000 - 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. Europe 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. Europe 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. Europe 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. Europe Drone Lithium Battery Market - Country Analysis
12.1 Europe
12.1.1 Europe Drone Lithium Battery Market Overview
12.1.2 Europe: Drone Lithium Battery Market - Revenue and Forecast Analysis - by Country
12.1.2.1 Europe: Drone Lithium Battery Market - Revenue and Forecast Analysis - by Country
12.1.2.2 Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.2.1 Germany: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.2.2 Germany: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.2.3 Germany: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.2.4 Germany: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.2.5 Germany: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.2.5.1 Germany: Drone Lithium Battery Market Breakdown, by Military
12.1.2.3 United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.3.1 United Kingdom: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.3.2 United Kingdom: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.3.3 United Kingdom: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.3.4 United Kingdom: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.3.5 United Kingdom: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.3.5.1 United Kingdom: Drone Lithium Battery Market Breakdown, by Military
12.1.2.4 France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.4.1 France: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.4.2 France: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.4.3 France: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.4.4 France: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.4.5 France: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.4.5.1 France: Drone Lithium Battery Market Breakdown, by Military
12.1.2.5 Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.5.1 Italy: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.5.2 Italy: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.5.3 Italy: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.5.4 Italy: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.5.5 Italy: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.5.5.1 Italy: Drone Lithium Battery Market Breakdown, by Military
12.1.2.6 Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.6.1 Russia: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.6.2 Russia: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.6.3 Russia: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.6.4 Russia: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.6.5 Russia: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.6.5.1 Russia: Drone Lithium Battery Market Breakdown, by Military
12.1.2.7 Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
12.1.2.7.1 Rest of Europe: Drone Lithium Battery Market Breakdown, by Battery Type
12.1.2.7.2 Rest of Europe: Drone Lithium Battery Market Breakdown, by Battery Capacity
12.1.2.7.3 Rest of Europe: Drone Lithium Battery Market Breakdown, by Drone MTOW
12.1.2.7.4 Rest of Europe: Drone Lithium Battery Market Breakdown, by Wing Type
12.1.2.7.5 Rest of Europe: Drone Lithium Battery Market Breakdown, by End Use
12.1.2.7.5.1 Rest of Europe: 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 Parrot Drone SAS
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 UPERGY 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
14.6 Steatite Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 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. Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 11. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 12. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 13. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 14. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 15. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 16. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 17. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 18. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 19. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 20. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 21. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 22. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 23. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 24. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 25. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 26. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 27. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 28. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 29. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 30. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 31. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 32. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 33. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 34. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 35. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 36. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 37. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 38. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 39. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 40. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Military
Table 41. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Type
Table 42. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Battery Capacity
Table 43. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Drone MTOW
Table 44. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by Wing Type
Table 45. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million) - by End Use
Table 46. Rest of Europe: 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. Impact Analysis of Drivers and Restraints
Figure 4. Drone Lithium Battery Market Revenue (US$ Million), 2022-2030
Figure 5. Drone Lithium Battery Market Share (%) - by Battery Type (2022 and 2030)
Figure 6. Li-ion: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Li-Po: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Li-S: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Drone Lithium Battery Market Share (%) - by Battery Capacity (2022 and 2030)
Figure 10. Below 3000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. 3000 - 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Above 5000 mAh: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Drone Lithium Battery Market Share (%) - by Drone MTOW (2022 and 2030)
Figure 14. Below 100 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. 100 - 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Above 200 KGs: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Drone Lithium Battery Market Share (%) - by Wing Type (2022 and 2030)
Figure 18. Fixed Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Rotary Wing: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Drone Lithium Battery Market Share (%) - by End Use (2022 and 2030)
Figure 21. Military: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Commercial: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Europe: Drone Lithium Battery Market, by Country - Revenue (2022) (US$ Million)
Figure 24. Europe: Drone Lithium Battery Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 25. Germany: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. United Kingdom: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. France: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. Italy: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Russia: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. Rest of Europe: Drone Lithium Battery Market - Revenue and Forecast to 2030 (US$ Million)
1. LG Chem Ltd
2. Parrot drone SAS
3. Upergy Ltd
4. RRC Power Solutions GmbH
5. Shenzhen Grepow Battery Co Ltd
6. Steatite Ltd
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