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Solar-Powered UAV Market Trends

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

Solar-Powered UAV Market Trends

The solar-powered UAV industry is growing rapidly due to advancements in lightweight materials and energy-efficient designs. Industries seeking longer endurance are turning to drones with high-performance solar panels. Agriculture, defense, telecommunications, and environmental monitoring sectors are adopting solar UAVs for extended flight times and real-time data collection.
 

For instance, Solar Industries in India secured an order to supply its indigenous UAV, Nagastra, to the Indian Army, outpacing competitors from Israel and Poland. Developed by its subsidiary, Economics Explosives Ltd, in collaboration with Z-Motion, the Nagastra-1 is India’s first indigenous Loiter Munition (LM), supporting the government's push for self-reliance in defense. These drones reduce operational costs and carbon footprints, making them suitable for remote and off-grid areas with limited charging infrastructure. The market is witnessing increased collaborations between technology firms and aerospace companies to enhance innovation.
 

AI and autonomous technologies are becoming integral to the solar-powered UAV market. AI-driven systems optimize flight paths, energy consumption, and mission planning, improving operational efficiency. Solar UAVs with AI capabilities are expected to lead in sectors such as border patrol, disaster management, and infrastructure monitoring, meeting the growing demand for autonomous surveillance and data collection.
 

For instance, In April 2024, Airbus announced plans to spin off its Zephyr drone program, a high-altitude solar-powered UAV known for its long endurance and ability to provide persistent surveillance and communications. The move aims to attract external investors and partners to accelerate the development and commercialization of the technology. The Zephyr drone is used in applications like monitoring remote areas, environmental research, and enhancing communication networks in underserved regions.

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.

Solar-Powered UAV Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 18
  • Tables & Figures: 280
  • Countries covered: 18
  • Pages: 220
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