Drone Battery Industry Analysis in South Asia & Oceania
Study on Drone Batteries in South Asia & Oceania by Mini Quad, Micro Quad, and Commercial/Industrial Drones from 2024 to 2034
Analysis of Drone Battery Industry Analysis in Europe Covering Countries Includes Analysis of India, Indonesia, Malaysia, Thailand, Australia, New Zealand and Rest of South Asia and Oceania
Drone Battery Sales Outlook for South Asia & Oceania (2024 to 2034)
Sales of drone batteries in South Asia & Oceania are estimated at US$ 610.7 million in 2024 and are forecasted to increase at a noteworthy 8% CAGR over the next ten years (2024 to 2034). The market in South Asia & Oceania is this expected to reach a revenue of US$ 1.32 billion by the end of 2034.
Increasing use of drones in different industry verticals in South Asia & Oceania is projected to primarily augment sales of drone batteries and drone accessories over the coming years. Advancements in battery technology and growing demand for efficient drone batteries are also estimated to create new opportunities for drone battery suppliers in South Asia & Oceania going forward.
Growing disposable income and rising availability of affordable user-centric drones in this region are also projected to indirectly benefit drone battery demand outlook across the study period. Surging popularity of drones for delivery services and increasing availability of advanced drones in South Asia & Oceania are also estimated to create bankable opportunities for drone battery suppliers in the long run.
- Sales of drone batteries for use in commercial/industrial drones are forecasted to account for 67% of market revenue share in 2024 in South Asia & Oceania.
Report Attributes | Details |
---|---|
Drone Battery Sales in South Asia & Oceania (2024E) | US$ 610.7 Million |
Projected Sales (2034F) | US$ 1.32 Billion |
Demand Growth (2024 to 2034) | 8% CAGR |
Sales in New Zealand (2024E) | US$ 94.3 Million |
Demand Growth in Thailand (2024 to 2034) | 8.1% CAGR |
NiMH Drone Battery Sales (2024E) | US$ 109.1 Million |
Market Share of Below 3,000 mAh Drone Batteries (2024E) | 62.8% |
Key Companies Profiled |
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For What Purpose Will Need for Drone Batteries Be High in Europe?
“Military and Defense Sector to Offer Profitable Growth Potential”
Spending on military and defense is increasing at a notable pace in South Asia & Oceania owing to mounting political tensions between countries. Drones have a critical role in modern warfare and just like the rest of the world, countries in South Asia & Oceania are also adding them to their arsenal, which, in turn, is projected to favor demand for drone batteries as well.
Military drones require robust batteries that can handle tough environments and provide maximum functionality, which is why drone battery manufacturers will have the opportunity to create new batteries that are heavy-duty and live up to the standards of the military.
Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study on drone batteries in SAO by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
India, Australia, New Zealand, and Malaysia are projected to emerge as the leading markets in South Asia & Oceania for drone battery distributors owing to the rising use of drones in various applications.
How Lucrative is the Market in Australia for Drone Battery Suppliers?
“Widespread Adoption of Drones in Different Industry Verticals”
Attribute | Australia |
---|---|
Market Value (2024E) | US$ 143.7 Million |
Growth Rate (2024 to 2034) | 7.8% CAGR |
Projected Value (2034F) | US$ 305 Million |
Use of drones in Australia has increased rapidly in recent years owing to several factors such as the availability of diverse landscapes and increasing penetration of drone tech in different industry verticals. The Australian government has imposed strict regulations to govern the safe use of drones and these limitations on flight range and time increase the emphasis on a drone having a good battery.
Drone battery companies should focus on providing batteries that allow Australian drone users to comply with the regulations and still enjoy their droning experience to the fullest.
Why is India a Key Market for Drone Battery Manufacturers?
“Supportive Government Initiatives and Availability of Cheap Labor”
Attribute | India |
---|---|
Market Value (2024E) | US$ 120.8 Million |
Growth Rate (2024 to 2034) | 8.7% CAGR |
Projected Value (2034F) | US$ 280 Million |
The Indian government has been making efforts to boost its domestic manufacturing activity and for this, it has launched several initiatives such as ‘Make in India’. Drone battery manufacturers in South Asia can take advantage of these initiatives and set up their manufacturing facilities in India as the country also offers cheap labor to improve the profitability of manufacturers. Growing use of drones in different industry verticals is also estimated to bolster sales of drone batteries in India over the next ten years.
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Category-wise Insights
Drone battery manufacturers in South Asia & Oceania are making most of their money by selling LiPo drone batteries for commercial and industrial drones.
Why are LiPo Drone Batteries So Popular?
“High Specific Energy and Low Weight of LiPo Batteries”
Attribute | LiPo |
---|---|
Segment Value (2024E) | US$ 405.4 Million |
Growth Rate (2024 to 2034) | 9% CAGR |
Projected Value (2034F) | US$ 965 Million |
Lithium polymer (LiPo) batteries are used in most types of drones for their high specific energy and low weight properties. LiPo drone batteries are also less prone to explode, which makes them safe for use in drones that need to comply with strict safety mandates. Higher lifespan and better power holding capacity of LiPo battery are also factors that contribute to its preferred use
Which Type of Drone Batteries Account for Most Revenue?
“Commercial/Industrial Drone Batteries Account for High Sales”
Attribute | Commercial/Industrial |
---|---|
Segment Value (2024E) | US$ 409.4 Million |
Growth Rate (2024 to 2034) | 8.9% CAGR |
Projected Value (2034F) | US$ 961 Million |
Increasing use of drones in different industrial and commercial settings has resulted in high demand for drone batteries for industrial/commercial drones. Drone battery manufacturers are projected to focus on the development and launch of new batteries that are specifically designed for different types of commercial and industrial drones that are being utilized in the South Asia & Oceania region.
Analysts’ Opinion
Drone battery manufacturers have immense growth scope in South Asia & Oceania to set up their new manufacturing facilities as countries in this region are offering incentives and focusing on attracting foreign investments to boost economic growth. Drone battery companies should keep an eye out for industrial and commercial drone launches as they are the ones that can bring them the most revenue. Incorporation of advanced battery technology should also be a key strategy that drone battery suppliers need to focus on going forward.
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Competitive landscape highlights only certain players
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Segmentation of Drone Battery Study in South Asia & Oceania
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By Drone Type:
- Mini Quad
- Micro Quad
- Commercial/Industrial
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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:
- India
- Indonesia
- Malaysia
- Thailand
- Australia
- New Zealand
- Rest of South Asia & Oceania
- FAQs -
How much are drone battery sales in South Asia & Oceania?
Drone battery sales in South Asia & Oceania are estimated at US$ 610.7 million in 2024.
What is the forecasted SAO market size for 2034?
The market in SAO is predicted to reach US$ 1.32 billion by the end of 2034.
At what pace will the demand for drone batteries rise?
Sales of drone batteries in South Asia & Oceania are projected to increase at 8% CAGR from 2024 to 2034.
In which country will drone battery sales be high?
Drone battery demand in India is forecasted to rise at 8.7% CAGR over the next ten years.
Which type of drone battery is most widely used?
LiPo drone batteries are projected to hold sway in South Asia & Oceania through 2034.
Who are the top drone battery suppliers?
DJI, Autel Robotics, Yuneec, Tattu, HES Energy Systems, and Turnigy are key drone battery manufacturers in South Asia & Oceania.