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Malaysian Reserve
27-06-2025
- Business
- Malaysian Reserve
Drone Battery Market worth $2.41 billion by 2030
DELRAY BEACH, Fla., June 27, 2025 /PRNewswire/ — The drone battery market is expected to reach USD 2.41 billion by 2030, from USD 1.59 billion in 2025, at a CAGR of 8.7% according to a new report by MarketsandMarkets™. The drone battery market is rapidly expanding due to the increasing use of drones across agriculture, delivery services, defense, and rescue operations. These applications require robust batteries that provide long-lasting power and perform effectively under challenging conditions. As more companies transition from small hobby drones to larger commercial drones, there is a growing demand for improved battery technology. Emerging battery types, such as lithium-silicon and hydrogen fuel cells, are enabling drones to fly longer distances and charge more quickly. Additionally, advanced drone systems, like Beyond Visual Line of Sight (BVLOS) operations and drone swarms, necessitate sophisticated battery management systems. With a heightened focus on clean energy solutions, the demand for high-performance drone batteries is on the rise, contributing to the swift growth of the market. Download PDF Brochure: Browse in-depth TOC on 'Drone Battery Market' 350 – Tables80 – Figures360 – Pages Drone Battery Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 1.59 billion Estimated Value by 2030 $ 2.41 billion Growth Rate Poised to grow at a CAGR of 8.7% Market Size Available for 2020–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Platform, Technology, Component, Point Of Sale, and Capacity and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Lack of fast-charging infrastructure for large and industrial drones Key Market Opportunities Substantial public and private sector investments Key Market Drivers Elevated demand for drones across various applications Aftermarket is expected to be the fastest-growing segment by point of sale during the forecast period. Aftermarket is the fastest growing segment in the drone battery market, as more companies require support after purchasing batteries. Drones are utilized in various fields such as delivery, agriculture, and defense, which creates a need for services like spare part replacement, upgrades, and assistance with system integration. For instance, in the defense sector, specialized batteries may be necessary for different missions. Additionally, businesses seek prompt repairs and maintenance to ensure that drones continue operating without delays. To minimize downtime, companies are providing quicker services such as product integration and smart maintenance. As the use of drones continues to expand, the demand for after-sales services is also increasing, leading to rapid growth in the aftermarket segment. Military is expected to be the largest segment by platform during the forecast period. Military represents the largest and most critical segment of the drone battery market. Military drones require strong and reliable batteries to perform demanding missions. These drones are designed to fly for extended periods and carry heavy tools such as cameras and weapons, which require significant power. Additionally, they must operate in various challenging environments, necessitating specialized battery systems. Military drones incorporate advanced technologies, including artificial intelligence, and can function without direct human control. This capability enhances their performance and increases the need for dependable and efficient battery systems to safely manage power. As these drones become more sophisticated, the demand for high-performance batteries continues to rise. Inquiry Before Buying: North America is expected to be the most dominant regional market during the forecast period. North America is the leading region in the drone battery industry, home to many top drone and battery companies. Businesses in this area are adopting new technologies to create batteries that last longer and operate more safely. Drones are widely utilized for delivery, agriculture, inspections, and security in this region. Companies are developing new types of batteries, such as lithium-silicon and hydrogen fuel cells, to provide drones with extended flight times. Due to strong manufacturing capabilities, the use of advanced technology, and the high demand for drones, North America continues to excel in the drone battery market. EaglePicher Technologies (US), RRC Power Solutions GmbH (Germany), Shenzhen Grepow Battery Co., Ltd. (China), Epsilor-Electric Fuel Ltd. (Israel), Tadiran Batteries (US), Plug Power Inc. (US), SES AI Corporation (US), Sion Power Corporation (US), Intelligent Energy Limited (UK), H3 Dynamics (Singapore), Honeywell International Inc. (US), Inventus Power (US), MMC (China), and Doosan Mobility Innovation (South Korea) are the major players in the drone battery companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World. Get 10% Free Customization on this Report: Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting See More Latest Aerospace and Defence Reports: Satellite Internet Market by Customer (Household & Community Wi-Fi, Mobility Internet, Business Connectivity, Telecom Backhaul, Emergency Response, Military Communications), Frequency (UHF, SHF, EHF), Speed, Orbit and Region – Global Forecast to 2030 Europe High-torque Synchronous Motor Market for Marine by Application (Propulsion, Auxiliary Systems, Deck Machinery), Vessel Type (Yachts, Ferries, Containers, Bulk Carriers, Tankers, Corvettes, Submarines), Torque and Power – Regional Forecast to 2030 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content:
Associated Press
30-01-2025
- Business
- Associated Press
Volatus Aerospace Surpasses 75,000 Flight Hours in Pipeline Integrity Monitoring, Reinforcing Leadership in Aerial Inspection Services
Advancing Aerial Intelligence with proprietary software - AIRS (Aerial Intelligence Reporting System) TORONTO, ON / ACCESS Newswire / January 30, 2025 / Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A2JEQU) ('Volatus' or 'the Company') is pleased to announce that it has surpassed 75,000 flight hours conducting pipeline integrity monitoring. This milestone reinforces the company's leadership in aerial inspection services and underscores its commitment to supporting critical energy infrastructure with advanced monitoring solutions. This milestone reflects the power of AIRS (Aerial Intelligence Reporting System), Volatus' proprietary technology that provides actionable data for regulatory compliance. With vast experience in low-altitude aerial inspections, Volatus provides real-time monitoring to detect and prevent potential leaks, environmental hazards, and structural concerns in pipelines across North America. The company's extensive flight hours reflect its operational excellence, safety record, and trusted partnerships with energy sector clients. 'Achieving 75,000 flight hours is a testament to the expertise of our pilots, the reliability of our fleet, and the confidence our clients place in our services,' said Glen Lynch, CEO of Volatus Aerospace. 'Pipeline operators rely on us for timely and accurate inspections, and with AIRS, we've streamlined the inspection process, leveraging advanced imaging, artificial intelligence, and automation to deliver even greater insights and operational efficiency. Volatus is actively expanding its capabilities to incorporate drone-based Beyond Visual Line of Sight (BVLOS) operations to applications like these, leveraging its state-of-the-art remote Operations Control Centre. These advancements align with Volatus' commitment to next-generation aerial solutions that prioritize automation, sustainability, and real-time intelligence for industries such as energy, infrastructure, and logistics. About Volatus Aerospace Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions. Forward-Looking Information This news release contains statements that constitute 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section 'Risk Factors'. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. TSXV: FLT Media Contact
