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Solar Powered Drones Market By Type (Fixed-Wing Drones, Rotary-Wing Drones, Hybrid Drones), By End-Use Industry (Military & Defense, Agriculture, Telecommunications, Logistics & Transportation, Environmental Monitoring, Energy & Utilities), By Application (Surveillance & Reconnaissance, Monitoring & Inspection, Communication, Surveying & Mapping, Environmental Research, Search & Rescue), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: AD4997  
|   Aerospace & Defense

As per Intent Market Research, the Solar Powered Drones Market was valued at USD 408.2 million in 2023 and will surpass USD 763.1 million by 2030; growing at a CAGR of 9.3% during 2024 - 2030.

The solar-powered drone market is emerging as a dynamic sector within the global UAV (Unmanned Aerial Vehicle) industry. These drones, powered by renewable solar energy, offer extended flight times and operational efficiencies that can significantly reduce the need for frequent recharging. As industries seek more sustainable and cost-effective solutions for long-duration missions, solar-powered drones are gaining prominence across several sectors. These drones are capable of addressing challenges such as prolonged operational needs, limited battery life, and environmental concerns related to energy consumption.

Fixed-Wing Drones are Largest Owing to Longer Flight Durations

Fixed-wing solar-powered drones are the largest segment in the market, primarily due to their ability to cover larger areas and remain airborne for extended periods. These drones, resembling traditional airplanes, benefit from the continuous energy generated by solar cells, making them ideal for missions that require endurance, such as surveillance, monitoring, and environmental data collection. Fixed-wing drones can achieve higher altitudes and greater range compared to their rotary-wing counterparts, allowing for broader operational coverage, especially in military reconnaissance, agriculture, and environmental monitoring.

Their aerodynamic design allows them to conserve energy during flight, further enhancing their efficiency. In military and defense applications, these drones provide a strategic advantage by enabling persistent surveillance and reconnaissance missions over large areas. Additionally, the longer flight duration provided by solar energy allows for cost reductions, especially in remote locations where recharging infrastructure is limited or unavailable.

Solar Powered Drones Market Size 2030

Military & Defense Sector is Largest End-Use Industry

The military and defense sector is the largest end-use industry for solar-powered drones, driven by the need for extended surveillance, reconnaissance, and communication capabilities. Solar-powered UAVs offer the military significant operational advantages, such as prolonged flight times, reducing the need for frequent battery replacements or recharges. This makes them highly suited for intelligence, surveillance, and reconnaissance (ISR) missions, which often demand continuous operation in remote or hostile environments.

Furthermore, solar drones can be deployed in areas with limited infrastructure, reducing the logistical burden of fuel or battery supply chains. These capabilities are particularly valuable in military operations, where real-time data collection and persistence are critical. The use of solar-powered drones in defense is expected to expand as they enhance strategic advantages in areas such as border surveillance, battlefield monitoring, and communication relay.

Surveillance & Reconnaissance Applications are Fastest Growing

Among the various applications, surveillance and reconnaissance are the fastest-growing segments in the solar-powered drone market. These drones offer the advantage of long-duration flight, making them ideal for continuous monitoring of vast and hard-to-reach areas. Solar-powered UAVs are increasingly being used for border patrols, environmental surveillance, and military intelligence gathering due to their ability to fly for extended hours without requiring frequent recharging.

The rising demand for persistent surveillance, particularly in defense, environmental monitoring, and border security, is accelerating the adoption of these drones. As the technology advances, solar-powered drones are becoming more reliable and capable of collecting real-time data for applications such as wildlife monitoring, disaster management, and urban surveillance. Their ability to operate in remote and unconnected areas makes them indispensable for monitoring large-scale projects, from critical infrastructure to national borders.

Asia-Pacific is the Fastest Growing Region

Asia-Pacific is the fastest-growing region in the solar-powered drone market, driven by the rapid expansion of the UAV industry, particularly in countries like China, Japan, and India. The region is witnessing a significant rise in drone adoption across sectors such as agriculture, defense, telecommunications, and environmental monitoring. The increasing demand for efficient and sustainable energy solutions, along with government initiatives promoting renewable energy adoption, is further fueling the growth of solar-powered drones in the region.

In Asia-Pacific, countries with vast agricultural landscapes and strategic defense needs are increasingly turning to solar-powered drones for surveillance and monitoring. The region's rapid technological advancements in solar panel integration and drone capabilities are expected to propel the market, making it a key player in the global solar-powered drone industry.

Solar Powered Drones Market Share by region 2030

Leading Companies and Competitive Landscape

The solar-powered drone market is witnessing strong competition from several key players in the UAV industry, including companies like AeroVironment Inc., Boeing, Lockheed Martin, and Northrop Grumman. These companies are leveraging their expertise in UAV design, renewable energy integration, and advanced flight technologies to dominate the market. Additionally, companies such as SolAero Technologies, XSun, and Quantum Systems are emerging as strong competitors, developing innovative solar-powered drone solutions for various commercial and defense applications.

The competitive landscape is marked by continuous research and development efforts to improve the efficiency of solar panels, enhance flight durations, and reduce the weight of drones. Strategic partnerships, mergers, and acquisitions are also common in this market, as companies aim to expand their technological capabilities and market reach. As the market matures, collaboration between drone manufacturers, energy solution providers, and defense contractors will be key to driving the next phase of growth in the solar-powered drone industry.

List of Leading Companies:

  • AeroVironment Inc.
  • Boeing
  • Lockheed Martin
  • Sunlight Aerospace
  • SolAero Technologies
  • XSun
  • Schiebel Corporation
  • Quantum Systems
  • Parrot Drones
  • Elbit Systems
  • Northrop Grumman
  • Skydio
  • General Atomics
  • Delair
  • DJI Innovations

Recent Developments:

  • AeroVironment Inc. recently announced a collaboration with the U.S. military for the development of solar-powered UAVs for continuous surveillance missions, significantly extending mission durations.
  • Lockheed Martin unveiled a new solar-powered drone prototype designed for long-duration missions in military reconnaissance applications. The drone's capabilities include enhanced energy storage systems and solar cells.
  • General Atomics has launched a new hybrid drone with solar power integration, expanding its use in both military and commercial sectors. This development focuses on reducing the logistical challenges of drone recharging.
  • Boeing secured a contract to deliver solar-powered drones for environmental monitoring in remote areas, with a particular focus on the energy sector and long-term remote data collection.
  • XSun recently raised significant funding for its next-generation solar-powered drone, intended for large-scale agricultural applications, particularly for remote crop monitoring and land surveying.

Report Scope:

Report Features

Description

Market Size (2023)

USD 408.2 Million

Forecasted Value (2030)

USD 763.1 Million

CAGR (2024 – 2030)

9.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Solar Powered Drones Market By Type (Fixed-Wing Drones, Rotary-Wing Drones, Hybrid Drones), By End-Use Industry (Military & Defense, Agriculture, Telecommunications, Logistics & Transportation, Environmental Monitoring, Energy & Utilities), By Application (Surveillance & Reconnaissance, Monitoring & Inspection, Communication, Surveying & Mapping, Environmental Research, Search & Rescue)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

AeroVironment Inc., Boeing, Lockheed Martin, Sunlight Aerospace, SolAero Technologies, XSun, Schiebel Corporation, Quantum Systems, Parrot Drones, Elbit Systems, Northrop Grumman, Skydio, General Atomics, Delair, DJI Innovations

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Solar Powered Drones Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Fixed-Wing Drones

   4.2. Rotary-Wing Drones

   4.3. Hybrid Drones

5. Solar Powered Drones Market, by End-Use Industry (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Military & Defense

   5.2. Agriculture

   5.3. Telecommunications

   5.4. Logistics & Transportation

   5.5. Environmental Monitoring

   5.6. Energy & Utilities

   5.7. Others

6. Solar Powered Drones Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Surveillance & Reconnaissance

   6.2. Monitoring & Inspection

   6.3. Communication

   6.4. Surveying & Mapping

   6.5. Environmental Research

   6.6. Search & Rescue

   6.7. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Solar Powered Drones Market, by Type

      7.2.7. North America Solar Powered Drones Market, by End-Use Industry

      7.2.8. North America Solar Powered Drones Market, by Application

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Solar Powered Drones Market, by Type

               7.2.9.1.2. US Solar Powered Drones Market, by End-Use Industry

               7.2.9.1.3. US Solar Powered Drones Market, by Application

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. AeroVironment Inc.

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Boeing

   9.3. Lockheed Martin

   9.4. Sunlight Aerospace

   9.5. SolAero Technologies

   9.6. XSun

   9.7. Schiebel Corporation

   9.8. Quantum Systems

   9.9. Parrot Drones

   9.10. Elbit Systems

   9.11. Northrop Grumman

   9.12. Skydio

   9.13. General Atomics

   9.14. Delair

   9.15. DJI Innovations

10. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Solar Powered Drones Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Solar Powered Drones Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Solar Powered Drones Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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