North America Drone Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Drone Type (Mini Quad and Micro Quad), Battery Type (NiCad, NiMH, and LiPo), Battery Capacity (Below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, and Above 10,000 mAh), and Industry (Agriculture & Forestry, Infrastructure Inspection, Utilities, Construction, Mining, and Others)
The North America drone battery market was valued at US$ 291.47 million in 2022 and is projected to reach US$ 737.62 million by 2028; it is expected to grow at a CAGR of 16.7% from 2022 to 2028.
Rise in Applications of Drones Across Different Industries is Driving the North America Drone Battery Market
Today, the drone industry is considered one of the fastest-growing industries. Drones are used due to the growing need for safe, cost-effective solutions for data collection, mapping & surveying, inspection, logistics, etc. They can perform increasingly complex tasks such as data collection, mapping, and surveying in an extreme environment where manual surveying techniques are risky and impossible. Particularly, using mini and micro quad drones for scanning and surveying solutions is considered extremely beneficial in places where humans cannot perform tasks in a timely and efficient manner.
Various industry players are adopting drone technologies in construction, photography, agriculture, and other industries. Drones helps study aerial data in these industries that helps to provide accurate data in short, the time compared to manual surveying. It can simultaneously collect and provide critical information for a variety of fields, including agricultural fields, construction sites, building inspections, and mining inspections. 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 which can be treated and prevented with early analysis by drone. Thus, using drones as a cost-effective solution to increase productivity is fueling the demand for drones, further propelling the drone battery market.
North America Drone Battery Market Overview
North America is a hub of technological developments and has economically robust countries. The adoption of technologically advanced solutions in North America strengthens the region’s economy. Hence, being strong in technology, North America is a potential market for drone battery implementations. Owing to the wide application of drones in the industry such as agriculture and mining, various companies are developing drones for surveillance activities, which is driving the demand for drone batteries in the region. Further, several companies in the region are engaged in investing in expansions and strengthening drone technologies. These investments and funding are expected to help drone providers expand their business and provide solutions to various end users. The growing demand for drones is boosting the need for batteries to improve the performance of drones. Thus, rising investments in drones is expected to further contribute to the growing demand for drone batteries in North America.
North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
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North America Drone Battery Market Segmentation
The North America drone battery market is segmented into drone type, battery type, battery capacity, industry, and country.
Based on drone type, North America 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, North America 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, North America 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, North America 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 North America drone battery market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.
AMIT industries L.T.D; SES AI Corporation; RRC Power Solutions; Austin Else LLC; and SZ DJI Technology Co Ltd are the leading companies operating in the North America drone battery market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Drone Battery Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Drone Battery –Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Applications of Drones Across Different Industries
5.1.2 Limited Charging Capacity of Drone Batteries
5.2 Market Restraints
5.2.1 Introduction of Fuel Cell Technologies for Small Drone Applications
5.3 Market Opportunities
5.3.1 Growing Number of Drone Start-Ups
5.4 Future Trends
5.4.1 Introduction of Smart Batteries
5.5 Impact Analysis of Drivers and Restraints
6. Drone Battery Market – North America Analysis
6.1 North America Drone Battery Market Overview
6.2 North America: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Drone Battery Market Analysis – by Drone Type
7.1 Overview
7.2 North America Drone Battery Market, by Drone Type (2021 and 2028)
7.3 Mini Quad
7.3.1 Overview
7.3.2 Mini Quad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
7.4 Micro Quad
7.4.1 Overview
7.4.2 Micro Quad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8. North America drone battery Market Analysis – by Battery Type
8.1 Overview
8.2 North America Drone Battery Market, by Battery Type (2021 and 2028)
8.3 NiCad
8.3.1 Overview
8.3.2 NiCad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.4 NiMH
8.4.1 Overview
8.4.2 NiMH: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.5 LiPo
8.5.1 Overview
8.5.2 LiPo: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9. North America drone battery Market Analysis – by Battery Capacity
9.1 Overview
9.2 North America Drone Battery Market, by Battery Capacity (2021 and 2028)
9.3 Below 3,000 mAh
9.3.1 Overview
9.3.2 Below 3,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.4 3,000-5,000 mAh
9.4.1 Overview
9.4.2 3,000-5,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.5 5,000-10,000 mAh
9.5.1 Overview
9.5.2 5,000-10,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.6 Above 10,000 mAh
9.6.1 Overview
9.6.2 Above 10,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10. North America drone battery Market Analysis – by Industry
10.1 Overview
10.2 North America Drone Battery Market, by Industry (2021 and 2028)
10.3 Agriculture and Forestry
10.3.1 Overview
10.3.2 Agriculture and Forestry: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.4 Infrastructure Inspection
10.4.1 Overview
10.4.2 Infrastructure Inspection: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.5 Utilities
10.5.1 Overview
10.5.2 Utilities: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.6 Construction
10.6.1 Overview
10.6.2 Construction: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.7 Mining
10.7.1 Overview
10.7.2 Mining: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
11. North America Drone Battery Market – Country Analysis
11.1 Overview
11.1.1 North America: Drone Battery Market, by Key Country
11.1.1.1 US: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Drone Battery Market, By Drone Type
11.1.1.1.2 US: Drone Battery Market, by Battery Type
11.1.1.1.3 US: Drone Battery Market, by Battery Capacity
11.1.1.1.4 US: Drone Battery Market, by Industry
11.1.1.2 Canada: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Drone Battery Market, By Drone Type
11.1.1.2.2 Canada: Drone Battery Market, by Battery Type
11.1.1.2.3 Canada: Drone Battery Market, by Battery Capacity
11.1.1.2.4 Canada: Drone Battery Market, by Industry
11.1.1.3 Mexico: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Drone Battery Market, By Drone Type
11.1.1.3.2 Mexico: Drone Battery Market, by Battery Type
11.1.1.3.3 Mexico: Drone Battery Market, by Battery Capacity
11.1.1.3.4 Mexico: Drone Battery Market, by Industry
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 AMIT industries Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 SES AI Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 SWOT Analysis
13.2.5 Key Developments
13.3 Austin Else LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Shenzhen Grepow Battery Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 SZ DJI Technology Co Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 RRC Power Solutions Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Drone Battery Market Segmentation
Figure 2. North America Drone Battery Market Segmentation – By Country
Figure 3. North America Drone Battery Market Overview
Figure 4. Mini Quad Contributed the Largest Market Share in 2021
Figure 5. US to Show Great Traction During Forecast Period of 2022 to 2028
Figure 6. North America: PEST Analysis
Figure 7. North America Drone Battery Market– Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Drone Battery Market Impact Analysis of Drivers and Restraints
Figure 10. North America: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Drone Battery Market, by Drone Type (2021 and 2028)
Figure 12. Mini Quad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Micro Quad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Drone Battery Market, by Battery Type (2021 and 2028)
Figure 15. NiCad: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. NiMH: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. LiPo: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Drone Battery Market, by Battery Capacity (2021 and 2028)
Figure 19. Below 3,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. 3,000-5,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. 5,000-10,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Above 10,000 mAh: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Drone Battery Market, by Industry (2021 and 2028)
Figure 24. Agriculture and Forestry: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Infrastructure Inspection: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Utilities: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Construction: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mining: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: North America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America: Drone Battery Market, by Key Country – Revenue (2021) (US$ Million)
Figure 31. North America: Drone Battery Market Revenue Share, by Key Country (2021 & 2028)
Figure 32. US: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Canada: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Mexico: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
- AMIT industries L.T.D
- SES AI Corporation
- RRC Power Solutions
- Austin Else LLC
- SZ DJI Technology Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America drone battery market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America drone battery market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the drone battery market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution