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Global Drone Propulsion System Market (2018-2022) to Register a CAGR of Approx 20% - ResearchAndMarkets.com

January 4, 2019

DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Global Drone Propulsion System Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The drone propulsion system market will register a CAGR of almost 20% by 2023.

The use of artificial intelligence (AI) for autonomous UAVs is likely to drive market growth

The next generation drones are envisioned to be powered by artificial intelligence. Aerial AI is capturing significant amounts of data on a real time basis, opening a new world for looking over complex physical structures and analyzing the captured data for defects.

Development of newer generation engines

Hydrogen fuel cells offer compelling value for UAVs due to improved reliability of small internal combustion engines that enhances safety and lowers maintenance operations. Thus, integration of new engines has propelled the demand for drone propulsion system market.

SWaP constraints

Small UAVs are required to be outfitted with greater mission autonomy to enable higher situational awareness. Thus, it is challenging for developers to integrate more sensor modules aboard a UAV system and still adhere to SWaP footprint of current propulsion systems.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including DJI and Hirth Motors. Factors such as the development of newer generation engines and the use of artificial intelligence (AI) for autonomous UAVs, will provide considerable growth opportunities to drone propulsion system manufactures.

Key Players

Ballard Power Systems DJI Hirth Motors Orbital PBS Aerospace Rolls-Royce

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

Segmentation by end-user Comparison by end-user Military - Market size and forecast 2017-2022 Commercial and civil - Market size and forecast 2017-2022 Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Ballard Power Systems DJI Hirth Motors Orbital PBS Aerospace Rolls-Royce

For more information about this report visit https://www.researchandmarkets.com/research/87wglx/global_drone?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005347/en/

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Related Topics:Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE OTHER MANUFACTURING DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/04/2019 10:28 AM/DISC: 01/04/2019 10:28 AM

http://www.businesswire.com/news/home/20190104005347/en

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