Houston, TX -- (SBWIRE) -- 03/07/2018 -- Market research analysts predict that the global unmanned aerial vehicle (UAV) battery market will grow by more than 10 percent a year by 2020. Currently, most UAVs have high energy density and high charge and discharge rate capacities of lithium polymer (Li-Po) or lithium ion (Li-ion battery). However, as the need for increased durability of expanded flight UAV increases, some UAV manufacturers have opted for solar technology as a major source of UAV manufacturers. UAV manufacturers are increasingly moving toward the development of solar UAV UAVs, which will actively support this market growth during the forecast period. These unmanned aerial vehicles provide a sustainable way to quickly and effectively deliver goods and services to remote areas similar to satellites. These solar UAVs are also increasingly used in agriculture to monitor climate change, environmental impact and delivery services.
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This industry research report shows that spending on battery and power systems is increasing in R & D. As R & D spending has increased recently, fuel cells have appeared on the market. One of the main advantages of fuel cells over conventional battery technology is that it has a much higher energy density and delivers more than 10 times the power of a smaller electrical UAV than conventional batteries. This is expected to extend the UAV's flight durability to perform long-range and extended missions. Recently, Horizon Energy Systems (HES) launched HYCOPTER, the world's first hydrogen fuel-cell-powered, multi-rotor UAV capable of delivering a record flight durability of approximately four hours. In addition, HYCOPTER is suitable for border patrol, infrastructure inspection and survey applications.
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This market is competing to gain maximum market traction as suppliers compete based on cost, product quality, reliability and aftermarket services. Existing vendors are competitive in their markets with their own manufacturing capabilities, product offerings, global footprint networks, R & D investments, the latest technology and strong customer base. A number of factors, such as the global economic recovery, growth in the aerospace and defense industry, and R & D investments have opened great growth opportunities for UAV manufacturers and subsystem suppliers to compete and grow in the market.
Major players in the market: Ballad power system, Sela Energy, Dench Power, Zion power, Tadiran Battery
UAV Classification and UAV Battery Market Analysis: Male UAV, Hale UAV, Tactical UAV, Mini UAV, Micro UAV
Medium-altitude long-haul (UAV) UAVs dominate the market in 2015 and accounted for more than 36% of the total market share by 2020. MALE UAV has a long flight time in the range of 10,000 to 30,000 feet. Pandemic male UAVs include IAI Heron and the General Atomics MQ-1 Predator. In some countries, we are investing heavily in UAV development and will drive overall market growth over the next few years.