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Drone Charging Station Market

Segmentation by Type (Indoor Charging Pad, and Outdoor Charging Pad); by Charging Method (Battery, Solar Powered, and Wireless); and by Distribution Channel (Online, and Offline) – Global Demand Analysis & Opportunity Outlook 2030

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Report ID: 3666 | Published On: Feb 07, 2023
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Global Drone Charging Station Market Regional Synopsis

On the basis of geographical analysis, the global drone charging station market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the increasing safety and security concerns across emerging countries, and high production and consumption of surveillance cameras in the region. For instance, more than 175 million units of surveillance cameras were installed in China in public and private areas 2017, which increased up to about 625 million units by the end of 2020.

In addition, escalating demand for autonomous solutions is also assessed to drive the region’s market growth in the future. Moreover, the market in North America is predicted to acquire the largest share during the forecast period, which can be credited to the growing research and development on drone charging stations, and rising number of players in the region who are extending their cross-border services.

Drone Charging Station Market Share Graph

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The global drone charging station market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook


Drone Charging Station Market Graph
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Major Macro-Economic Indicators Impacting the Market Growth
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Research and Development Expenditure Graph

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.


Market Segmentation

Our in-depth analysis of the global drone charging station market includes the following segments:

By Type

  • Indoor Charging Pad
  • Outdoor Charging Pad

By Charging Method

  • Battery
  • Solar Powered
  • Wireless

By Distribution Channel

  • Online
  • Offline

Growth Drivers

  • Increasing Implementation of Drone-Based Applications Globally
  • Rapid Rate of Globalization Leading to Rising Number of Companies and Industries

Challenges

  • Availability of Low-Quality Products by Local Players


Research and Development Expenditure Graph
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Top Featured Companies Dominating the Market

    • Flytbase, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Matternet, Inc.
    • FLIR Systems, Inc.
    • Elbit Systems Ltd.
    • Israel Aerospace Industries Ltd.
    • Elbit Systems Ltd.
    • SZ DJI Technology Co.
    • Canon Inc.
    • Amazon Wen Services, Inc.
    • Arecont Vision LLC

In The News

  • September 2021- Matternet’s automated drone docking station made its debut in Switzerland. The facility was built last year but came into usage since September this year.

  • May 2021- Flytbase announced the launch of IDIPLOYER MP2.1, which is a lightweight, feature-packed and affordable drone charging station.


Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the drone charging station market?

Ans: The major factors driving market growth are increasing implementation of drone-based applications globally, and rapid rate of globalization leading to rising number of companies and industries.

2) What would be the CAGR of drone charging station market over the forecast period?

Ans: The market is anticipated to attain a robust CAGR over the forecast period, i.e., 2022 – 2030.

3) What are the challenges affecting the drone charging station market growth?

Ans: Availability of low-quality products by local players is estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of drone charging station market in future?

Ans: Asia Pacific will provide more business opportunities for market growth owing to the increasing safety and security concerns across emerging countries, and high production and consumption of surveillance cameras in the region.

5) Who are the major players dominating the drone charging station market?

Ans: The major players in the market are Flytbase, Inc., Matternet Inc., FLIR Systems, Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd., Elbit Systems Ltd., and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the drone charging station market?

Ans: The market is segmented by type, charging method, distribution channel, and by region.

8) Which segment captures the largest market size in the charging method segment in the drone charging station market?

Ans: The battery segment is anticipated to hold largest market size and is estimated to grow at a notable CAGR over the forecast period and display significant growth opportunities.

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