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Solar-Powered UAV Market Share

Report ID: GMI12272
Published Date: Nov 2024
Report Format: PDF

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Solar-Powered UAV Market Share

Elektra develops innovative solar-powered UAVs focused on lightweight, high-endurance designs for commercial and industrial uses like agriculture, surveillance, and environmental monitoring. Eos Technologie specializes in long-endurance stratospheric solar UAVs for telecommunications, remote sensing, and military applications, with a focus on hybrid propulsion and operational efficiency. BAE Systems works on solar UAVs for defense, emphasizing high-altitude, long-duration flights to provide surveillance, reconnaissance, and communication capabilities in remote or hostile environments. Each company is contributing to advancing sustainable UAV solutions across various sectors.

Solar-Powered UAV Market Companies

Major players operating in the solar-powered UAV industry are:

AeroVironment Inc.
Airbus SE
Atlantik Solar
Aurora Flight Sciences
Avy
BAE Systems
Chinese Academy of Aerospace Aerodynamics
DJI
Elektra
Eos Technologie
Kea Aerospace
Korea Aerospace Research Institute
QinetiQ
Silent Falcon UAS Technologies
Skydweller Aero
Sunbirds SAS
Uav-instruments
Xsun

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for solar-powered UAV was valued at USD 356.3 million in 2024 and is projected to reach USD 845.1 million by 2034, driven by a CAGR of 9.2% from 2025 to 2034.

The segment with a range of more than 300 KM is expected to be the fastest-growing, with a CAGR of 11.3% during the forecast period from 2025 to 2034.

North America market held the largest share of 32.5% in 2024 and is projected to exceed USD 250 million, driven by strong demand in sectors like defense, agriculture, and telecommunications.

Major players in the industry include AeroVironment Inc., Airbus SE, Atlantik Solar, Aurora Flight Sciences, Avy, BAE Systems, Chinese Academy of Aerospace Aerodynamics, DJI, and Elektra.