Market Revenue Solar Powered Drone Industry Value Chain Analysis | Page 2

Further, energy generation and storage consists of cylindrical wing spars fitted with high energy density Lithium-
Ion batteries to enhance the distribution of mass in a span loader. Avionics is mainly operated around a pixhawk
PX4 autopilot which is an open source and open hardware with a Cortex M4 microprocessor running at 168 MHz
and 192Kb RAM.
On a commercial scale, innovative technologies coupled with favorable funding for R&D in solar powered drones
is a significant dynamic to the solar powered drones market growth. Commercial domains such as energy,
entertainment, telecommunications, journalism and governments are now emphasizing on viability of solar-
powered drones. Therefore, market dynamics coupled with market driving factors enable fertile opportunities
for market growth and sustenance during the forecast period. To monitor the road mishaps and report for timely
delivery marks the significance of solar powered drones.
The device is also known to deliver stats on number of vehicles passing per day on a particular highway which
is again important to understand traffic scenario in a particular area. However, power consumption and limited
mode of operation is likely to hamper the market growth during the forecast period.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/solar-powered-drones-market
On the basis of application, the global solar powered drones market is segmented into energy, agriculture,
government & defense, telecommunication, media & entertainment. On the basis of geographic segmentation,
the global solar powered drones market spans North America, Latin America, Middle-East, Asia-Pacific and
Africa. North America dominates the global market during the forecast period owing to defense and military
operations. Latin America is anticipated to grow during the forecast period owing to expansion of solar-powered
drone capacities.
APAC market such as India, China, Japan, Australia, Singapore are now turning towards adoption of this
technology resulting out of social and security needs. Middle-East and African regions are anticipated to grow
at a slower rate during the forecast period owing to slow growth in technological advancements. The key players
in the global solar powered drones market include Boeing Phantom Works, Google (Titan Aerospace), and Airbus
(QinetiQ), Facebook (Ascenta), AeroVironment/NASA, Lockheed Martin (Hale-D), Bye Engineering, and Atlantik
Solar.
See More Reports of this Category by Million Insights @
https://www.millioninsights.com/industry/technology