Oct 16, 2018   SOURCE: BusinessWire

Global Unmanned Aerial Vehicles (UAV) Market Outlook to 2023 - ResearchAndMarkets.com

The "Global Unmanned Aerial Vehicles Market - Growth, Global Trends And Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global fuel cell UAV market is anticipated to register a CAGR of over 6% during the forecast period.

With technological advancements, the UAV market has been witnessing the popularity of eco-friendly propulsion systems, such as, fuel cells and solar cells.

Designing lightweight UAV is one of the challenges being faced by the market, as it has been observed that an average UAV has a power source and fuel that typically account for about 35-65% of the vehicle's weight, whereas, for small UAVs, it is around 38-40%.

UAV manufacturers have been consistently striving to decrease the weight of vehicles, while simultaneously achieving fuel efficiency and abiding by each of the participant country's UAV regulations.

Market Developments

  • Ballard Power Systems has developed a next-generation, high-performance fuel cell propulsion system to power unmanned aerial vehicles (UAVs).
  • Intelligent Energy has made a deal with PINC to supply its air-cooled fuel cell systems for unmanned aerial vehicles, marking Intelligent Energy's first sale of fuel cell systems for UAVs as the company grow fast with the commercialization of its technology.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. UAV Market, Segmented by UAV Type

6. UAV Market, Segmented by Application

7. UAV Market, Segmented by Geography

8. Competitive Landscape

9. Company Profiles

  • Da-Jiang Innovation Science & Technology Co. Ltd.
  • Aerovironment
  • BAE Systems PLC
  • Cybaero AB
  • Elbit Systems
  • General Atomics
  • Parrot
  • Israel Aerospace Industries (IAI)
  • Thales SA
  • Airbus
  • Microdrones
  • Boeing

For more information about this report visit https://www.researchandmarkets.com/research/kv6gqq/global_unmanned?w=4