North America Drone Lithium Battery Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

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)

No. of Pages: 78    |    Report Code: BMIRE00030489    |    Category: Electronics and Semiconductor

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The North America drone lithium battery market was valued at US$ 1,472.85 million in 2022 and is expected to reach US$ 4,485.37 million by 2030; it is estimated to record a CAGR of 14.9% from 2022 to 2030.

Technological advancements in lithium batteries for drones Fuel North America Drone Lithium Battery Market



Lithium batteries have arisen as the frontrunners in the ever-evolving landscape of energy storage technology, providing compact and efficient power solutions for an extensive range of applications. Among these, lithium-polymer (LiPo) and lithium-ion (Li-ion) batteries have established themselves as protuberant choices for power delivery and energy storage for numerous industries. Since the Second World War, UAVs or drones were principally associated with defense and the military. They were used for aerial surveillance, anti-aircraft target practice, intelligence gathering, weaponry, and artillery spotting. Primarily developed for military and law enforcement purposes, drones rapidly found their way into the commercial and civilian sectors, owing to technological advancements that made them more reasonably priced, accessible, and capable.

Commercial users are already showing interest in an extensive spectrum of probable assignments. For instance, in October 2023, Amazon Pharmacy announced the launch of its first drone delivery in College Station, Texas. With this, Amazon packages will be dropped by drones within 60 minutes of being ordered via Amazon Pharmacy

North America Drone Lithium Battery Market Overview



The US, Canada, and Mexico are among the major countries in North America. These countries have robust economies, and they are hubs of technological developments, which makes them potential markets for drone lithium battery implementations. The use of drones in the agriculture and mining industries has become common in North American countries. Thus, various companies are developing drones for surveillance activities. Many of them are also investing in the expansion and sophistication of drone technologies.

North America has a well-developed aerospace & defense sector. In September 2023, Amprius and Tenergy launched a revolutionary high-performance drop-in drone battery pack that is 31% lighter than competing products in the market; moreover, the pack has a 6% greater energy capacity than other products.

  • In October 2021, DroneBase, a company providing drones for aerial imaging, raised US$ 20 million for the global expansion of its business in the renewable energy industry and other industries. Through its products, the company helps reduce risks by enabling the continuous monitoring of various fields.

  • In June 2021, Skyfish, a drone manufacturer, received US$ 20 million from venture-backed Series Seed funding. The company specializes in providing drone solutions for precise data collection and analysis for critical situations. The funding helped it expand its portfolio of solutions to various sectors.

  • In May 2023, Walmart planned to expand drone deliveries to 4 million potential households. For this, the retail chain plans to expand its drone delivery network to 34 sites in Arkansas, Arizona, Florida, Texas, Virginia, and Utah, allowing it to deliver a vast number of orders (more than a million) to customers' homes each year.

    These investments and funding are expected to help drone providers expand their businesses and provide solutions to end users from various sectors. The growing demand for drones propels the need for batteries in North America, which is likely to benefit the drone lithium battery market in the region.

North America Drone Lithium Battery Market Revenue and Forecast to 2030 (US$ Million)



North America Drone Lithium Battery Market Revenue and Forecast to 2030 (US$ Million)
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North America Drone Lithium Battery Strategic Insights

Strategic insights for the North America Drone Lithium 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.

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North America Drone Lithium Battery Report Scope

Report Attribute Details
Market size in 2022 US$ 1,472.85 Million
Market Size by 2030 US$ 4,485.37 Million
Global CAGR (2022 - 2030) 14.9%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Battery Type
  • Li-ion
  • Li-Po
  • Li-S
By Battery Capacity
  • Below 3
  • 000 mAh
  • 3
  • 000-5
  • 000 mAh
  • Above 5
  • 000 mAh
By Wing Type
  • Fixed Wing and Rotary Wing
By End Use
  • Military and Commercial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • LG Chem Ltd
  • Max Amps Inc
  • Eaglepicher technologies LLC
  • RRC Power Solutions GmbH
  • Shenzhen Grepow Battery Co Ltd
    		•
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    North America Drone Lithium Battery Regional Insights

    The geographic scope of the North America Drone Lithium 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.

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    North America Drone Lithium Battery Market Segmentation



    The North America drone lithium battery market is categorized into battery type, battery capacity, drone MTOW, wing type, end use, and country.

    Based on battery type, the North America 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 North America 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 North America 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 North America 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 North America 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 North America drone lithium battery market is segmented into the US, Canada, and Mexico. The US dominated the North America drone lithium battery market share in 2022.

    LG Chem Ltd, Max Amps Inc, Eaglepicher Technologies LLC, RRC Power Solutions GmbH, and Shenzhen Grepow Battery Co Ltd are among the leading companies operating in the North America drone lithium battery market.

    Identical Market Reports with other Region/Countries

    The List of Companies - North America Drone Lithium Battery Market

    1. LG Chem Ltd 
    2. Max Amps Inc 
    3. Eaglepicher technologies LLC 
    4. RRC Power Solutions GmbH 
    5. Shenzhen Grepow Battery Co Ltd 

    Frequently Asked Questions
    How big is the North America Drone Lithium Battery Market?

    The North America Drone Lithium Battery Market is valued at US$ 1,472.85 Million in 2022, it is projected to reach US$ 4,485.37 Million by 2030.

    What is the CAGR for North America Drone Lithium Battery Market by (2022 - 2030)?

    As per our report North America Drone Lithium Battery Market, the market size is valued at US$ 1,472.85 Million in 2022, projecting it to reach US$ 4,485.37 Million by 2030. This translates to a CAGR of approximately 14.9% during the forecast period.

    What segments are covered in this report?

    The North America Drone Lithium Battery Market report typically cover these key segments-

    • Battery Type (Li-ion, Li-Po, Li-S)
    • Battery Capacity (Below 3, 000 mAh, 3, 000-5, 000 mAh, Above 5, 000 mAh)
    • Wing Type (Fixed Wing and Rotary Wing)
    • End Use (Military and Commercial)

    What is the historic period, base year, and forecast period taken for North America Drone Lithium Battery Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Drone Lithium Battery Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
    • Who are the major players in North America Drone Lithium Battery Market?

    The North America Drone Lithium Battery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • LG Chem Ltd
  • Max Amps Inc
  • Eaglepicher technologies LLC
  • RRC Power Solutions GmbH
  • Shenzhen Grepow Battery Co Ltd
    • Who should buy this report?

    The North America Drone Lithium Battery Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Drone Lithium Battery Market value chain can benefit from the information contained in a comprehensive market report.

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