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It will grow from $1.82 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%.
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Solar Powered Drones Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Solar Powered Drones Market Segments The Business Research Company segments the solar powered drones market report as: Vertical Take-off And Landing (VTOL); Fixed Wing; Rotary Wing; Hybrid By Source By Type By Form By Component Payload; Motors; Energy Systems; Frames; Controller And Navigation Data Analysis; Data Collection; Drone Leasing By Application By Services Agriculture; Energy; Military; Telecommunication; Research And Exploration; Surveillance; Disaster Management By Application . . . . © The Business Research Company. All Rights Reserved.
Market Statistics The solar powered drones market size has grown rapidly in recent years. It will grow from $1.82 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 19.5%. The solar powered drones market size is expected to see rapid growth in the next few years. It will grow to $4.41 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. $4.41 B $2.17 B $1.82 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The rising military and defense investment is expected to propel the growth of the solar-powered drones market going forward. Trends Major companies operating in the solar-powered drones market are increasing their focus on developing advanced solutions, such as solar-powered stratospheric aircraft, to gain a competitive edge in the market. Region North America was the largest region in the solar powered drones market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar powered drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. © The Business Research Company. All Rights Reserved.
Top Players In The Market Major companies operating in the solar powered drones market are Google LLC (Titan Aerospace LLC), Meta Platforms Inc. (Ascenta), DHL International GmbH (Deutsche Post DHL Group), FedEx Corporation, The Boeing Company, Lockheed Martin Corporation, Intel Corporation, Airbus SE, International Business Machines Corporation (IBM), Thales Group, Bechtel Group Inc. (Bechtel Corporation), Balfour Beatty plc, easyJet plc, QinetiQ Group plc (The Carlyle Group), SunPower Corporation, AeroVironment Inc., SZ DJI Technology Co. Ltd., SunCulture Solar Inc., Alta Devices Inc., Bye Aerospace Inc., Sunlight Photonics Inc., Silent Falcon UAS Technologies, Sunbirds SAS, Xsun, UAV Instruments, Barnard Microsystems Limited, Elektra Solar GmbH Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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