Drone Battery Industry Analysis in East Asia
Study on Drone Batteries in East Asia by Mini Quad, Micro Quad, and Commercial/Industrial from 2024 to 2034
Analysis of Drone Battery Covering Countries Including Analysis of China, Japan, and South Korea
Drone Battery Sales Outlook for East Asia (2024 to 2034)
As per a newly published research report by Fact.MR, sales of drone batteries in East Asia are estimated at US$ 1.29 billion in 2024. The market is projected to expand rapidly at a CAGR of 7.9% and reach a value of US$ 2.76 billion by the end of 2034.
Growing use of drones in several industries, including construction entertainment, surveillance, and agriculture, is predicted to stimulate the demand for high-performance and more efficient batteries. Ongoing technological advancements in battery technology, including longer flight times, energy density, lightweight, and faster charging are forecasted to increase their demand.
Government regulations and policies are set to encourage the adoption of drones for commercial purposes, which are supporting their demand, subsequently fueling the sales of drone batteries as well. Increased investments in R&D activities by public as well as private sectors to address safety concerns and improve drone battery capabilities are positively impacting market growth.
In recent years, a noteworthy increase in the demand for unmanned aerial vehicles (UAVs), such as drones for several applications, including parcel delivery, surveillance, photography, etc., has been positively impacting the sales of drone batteries in the region.
| Report Attributes | Details |
|---|---|
| Drone Battery Sales in East Asia (2024E) | US$ 1.29 Billion |
| Projected Sales (2034F) | US$ 2.76 Billion |
| Demand Growth (2024 to 2034) | 7.9% CAGR |
| Sales in Japan (2024E) | US$ 310.9 Million |
| Demand Growth in China (2024 to 2034) | 8% CAGR |
| Demand Growth in South Korea (2024 to 2034) | 7.1% CAGR |
| Market Share of Below 3,000 mAh Drone Batteries (2024E) | >53% |
| Key Companies Profiled |
|
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What Will Drive Demand for Drone Batteries in East Asia?
“Growing Demand for UAVs Positively Influencing Sales of Drone Batteries”
Drones equipped with cameras of high resolutions are used extensively in the film industry, tourism, real estate, and advertising for capturing stunning videos and serial imagery. These applications increase demand for batteries with higher capabilities, longer flight times, and reliable power sources.
Private security firms, law enforcement agencies, and governments use drones for monitoring borders, surveillance purposes, critical infrastructure, disaster areas, and public events. Enhanced battery performance is projected to allow drones to operate for longer periods, contributing to increased sales of more effective drone batteries.
Several companies are adopting drones for last-mile delivery of packages and goods. Effective drone batteries are pivotal for maintaining flight stability and payload capacity. Further, drones equipped with specialized cameras and sensors aid in crop monitoring, precision agriculture, and environmental assessment. Long-lasting batteries are vital for these drones to cover remote areas or extensive farmlands, thus collecting data efficiently.
Extensive application of drones in several industries along with an increased demand for UAVs with high-capacity, long-lasting, and efficient features is forecasted to stimulate the demand for batteries going forward. This is projected to positively influence innovation and development in the market, compelling manufacturers to enhance battery technology to match the evolving requirements of the UAV industry.
Country-wise Insights
Why is Demand for Drone Batteries High in China?
“Rapid Advancements in Drone Technology”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 834.4 Million |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 1.8 Billion |
Manufacturers and engineers are constantly working to optimize drone designs while making them more lightweight and aerodynamic. In addition, advancements taking place in propulsion systems, including the production of more efficient propellers and motors, are predicted to contribute to the longer flight time of drones. Further, drones equipped with these advancements are predicted to stay airborne for longer periods, generating demand for batteries with improved energy density to sustain these long flights.
With these advancements, drones can carry heavier sensors, equipment, etc. For longer flight duration. Therefore, growing payload capacity stimulates demand for powerful batteries in China to offer sufficient power for additional payload and drone propulsion.
What’s Allowing Suppliers of Drone Batteries to Thrive in Japan?
“Increasing Inclination to Recreational Use of Drones”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 310.9 Million |
| Growth Rate (2024 to 2034) | 7.7% CAGR |
| Projected Value (2034F) | US$ 655 Million |
Drones, which are equipped with high-resolution cameras, are becoming popular among videographers and photography enthusiasts in Japan. More consumers are adopting drones to capture stunning aerial shots, whether for social media content creation, personal use, or professional photography services. Thus, this rising demand for capturing some unique perspectives is forecasted to generate demand for longer-lasting and reliable drone batteries to sustain longer filming and photography sessions.
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Category-wise Insights
Why are LiPo Batteries Adopted More than Other Available Options?
“Growing Adoption of LiPo (Lithium Polymer) Batteries Due to High Performance and Reliability”
| Attribute | LiPo Batteries |
|---|---|
| Segment Value (2024E) | US$ 971.2 Million |
| Growth Rate (2024 to 2034) | 8.7% CAGR |
| Projected Value (2034F) | US$ 2.23 Billion |
A noteworthy growth in the drone market in East Asia is predicted to lead to the rising adoption of drone batteries. Drones are used extensively in several industrial and commercial applications. Rising use of drones in surveillance, aerial photography, agriculture, and others is forecasted to propel the demand for high-performance and reliable batteries, especially LiPo batteries.
Why is There High Demand for Commercial Drone Batteries?
“Extensive Adoption of Commercial Drones in Several Applications”
| Attribute | Commercial Drone Batteries |
|---|---|
| Segment Value (2024E) | US$ 947.7 Million |
| Growth Rate (2024 to 2034) | 8.6% CAGR |
| Projected Value (2034F) | US$ 2.16 Billion |
Fact.MR, a market research and competitive intelligence provider, in its newly published study, states that drones are used extensively in several industries, including construction, agriculture, surveillance, cinematography, logistics, and more. With this increasing application of drones, a parallel increase in the demand for effective batteries is also experienced. In addition, advancements in drone technology are forecasted to result in the development of more efficient drone batteries with longer flight duration.
Competition Landscape
Prominent manufacturers of drone batteries in East Asia are spending at a significant rate for efficient management of supply chain systems, new product development, quality control, etc. Key companies operating in the market in East Asia are DJI, Grepow Battery, Tattu, Turnigy, Acecore Technologies, and Thunder Power RC.
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Segmentation of Drone Battery Study in East Asia
-
By Drone Type :
- Mini Quad
- Micro Quad
- Commercial/Industrial
-
By Battery Chemistry :
- NiCad
- NiMH
- LiPo
-
By Battery Capacity :
- Below 3,000 mAh
- 3,000 to 5,000 mAh
- 5,001 mAh to 10,000 mAh
- Above 10,000 mAh
-
By Country :
- China
- Japan
- South Korea
- FAQs -
What is the predicted demand for drone batteries in East Asia in 2024?
Demand for drone batteries in East Asia is set to reach a market value of US$ 1.29 billion in 2024.
What size is the market in East Asia projected to reach by 2034?
The market in East Asia is forecasted to reach US$ 2.76 billion by the end of 2034.
At what rate is the demand for drone batteries projected to increase?
Sales of drone batteries in East Asia are forecasted to rise at a CAGR of 7.9% from 2024 to 2034.
How much share of the market is accounted for by 3,000 mAh drone batteries?
Below 3,000 mAh drone batteries are predicted to account for more than 53% market share in 2024.
What are the projected sales of drone batteries in Japan?
The market in Japan is projected to reach US$ 655 million by the end of 2034.
At what rate is the demand for drone batteries projected to rise in China?
Sales of drone batteries in China are forecasted to rise at a CAGR of 8% from 2024 to 2034.
What is the predicted demand growth rate for drone batteries in South Korea?
Demand for drone batteries in South Korea is forecasted to increase at a CAGR of 7.1% through 2034.
Drone Battery Industry Analysis in East Asia