Asia Pacific Drone Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Drone Type (Mini Quad and Micro Quad), Battery Type (NiCad, NiMH, and LiPo), Battery Capacity (Below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, and Above 10,000 mAh), and Industry (Agriculture & Forestry, Infrastructure Inspection, Utilities, Construction, Mining, and Others)
The Asia Pacific drone battery market was valued at US$ 392.43 million in 2022 and is projected to reach US$ 1,013.31 million by 2028; it is expected to grow at a CAGR of 17.1% from 2022 to 2028.
Surge in Number of Drone Start-Ups is Driving the Asia Pacific Drone Battery Market
Earlier, drones had very limited applications. When drones were first introduced, they were strictly used for military purposes for training, target practices, air strikes, bomb detection, surveillance, and more. But with the adoption of technologies, the drones are used in several other industries that boosted its market. Drones are now used in construction, agriculture, mining, entertainment, photography, and other several sectors, which have gained the attention of entrepreneurs to bring drone solutions into the market and grow their businesses with the rising demand for drones. Therefore, there is a rise in drone start-ups across various regions. For instance, in June 2022, Money Control stated that there was an increase of ~34% in the number of drone start-ups in India, with 220 drone startups between August 2021 and February 2022. Rising use of drones across various industries and growing number of competitors will encourage startups to provide cost-efficient and better solutions to customers as a competitive advantage over each other. They will try to reach more industries and customers by increasing their production of drones that can be used across several industries. The production of drones is directly proportional to the production of drone batteries. Thus, the growing number of drone startups will create a lucrative opportunity for the drone battery market growth.
Asia Pacific Drone Battery Market Overview
Based on country, the Asia Pacific drone battery market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Asia Pacific is one of the fastest-growing regions due to the presence of many drone battery manufacturers in China and India. Some Chinese and Indian companies providing lithium polymer batteries are URGENEX RC Hobby and Orange, among others. URGENEX RC Hobby provides LiPo drone batteries ranging from 380 mAh to 3000 mAh. The governments of various countries are adopting drone technology across various sectors for surveillance and mapping. For instance, in June 2022, the Department of Steel and Mines (DoSM) of Odisha, India, decided to use drones in mining operations to detect stockpiles, surveying, and maps better to maintain a safe and secure environment in the mining field.
The growing initiatives by governments and industry giants to boost drone technology in the region, coupled with the presence of several market players, supports the growth of the Asia Pacific drone battery market.
Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Drone Battery Market Segmentation
The Asia Pacific drone battery market is segmented into drone type, battery type, battery capacity, industry, and country.
Based on drone type, Asia Pacific drone battery market is segmented into mini quad and micro quad. The mini quad segment held the largest market share in 2022.
Based on battery type, Asia Pacific drone battery market is segmented into below NiCad, NiMH, and LiPo. The LiPo segment held the largest market share in 2022.
Based on battery capacity, Asia Pacific drone battery market is segmented into below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, above 10,000 mAh. The below 3000 mAh segment held the largest market share in 2022.
Based on Industry, Asia Pacific drone battery market is segmented into agriculture and forestry, infrastructure inspection, utilities, construction, mining, others. The agriculture and forestry segment held the largest market share in 2022.
Based on country, the Asia Pacific drone battery market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market in 2022.
SZ DJI Technology Co; Drone SAS; Shenzhen Grepow Battery Co Ltd; Amperex Technology Ltd; Autel Robotics Co Ltd; and MicroMultiCopter Aero Technology Co Ltd are the leading companies operating in the Asia Pacific drone battery market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Drone Battery Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific Drone Battery –Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Applications of Drones Across Different Industries
5.1.2 Limited Charging Capacity of Drone Batteries
5.2 Market Restraints
5.2.1 Introduction of Fuel Cell Technologies for Small Drone Applications
5.3 Market Opportunities
5.3.1 Growing Number of Drone Start-Ups
5.4 Future Trends
5.4.1 Introduction of Smart Batteries
5.5 Impact Analysis of Drivers and Restraints
6. Drone Battery Market – Asia Pacific Analysis
6.1 Asia Pacific Drone Battery Market Overview
6.2 Asia Pacific: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Drone Battery Market Analysis – by Drone Type
7.1 Overview
7.2 Asia Pacific Drone Battery Market, by Drone Type (2021 and 2028)
7.3 Mini Quad
7.3.1 Overview
7.3.2 Mini Quad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
7.4 Micro Quad
7.4.1 Overview
7.4.2 Micro Quad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific drone battery Market Analysis – by Battery Type
8.1 Overview
8.2 Asia Pacific Drone Battery Market, by Battery Type (2021 and 2028)
8.3 NiCad
8.3.1 Overview
8.3.2 NiCad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.4 NiMH
8.4.1 Overview
8.4.2 NiMH: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.5 LiPo
8.5.1 Overview
8.5.2 LiPo: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific drone battery Market Analysis – by Battery Capacity
9.1 Overview
9.2 Asia Pacific Drone Battery Market, by Battery Capacity (2021 and 2028)
9.3 Below 3,000 mAh
9.3.1 Overview
9.3.2 Below 3,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.4 3,000-5,000 mAh
9.4.1 Overview
9.4.2 3,000-5,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.5 5,000-10,000 mAh
9.5.1 Overview
9.5.2 5,000-10,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.6 Above 10,000 mAh
9.6.1 Overview
9.6.2 Above 10,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific drone battery Market Analysis – by Industry
10.1 Overview
10.2 Asia Pacific Drone Battery Market, by Industry (2021 and 2028)
10.3 Agriculture and Forestry
10.3.1 Overview
10.3.2 Agriculture and Forestry: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.4 Infrastructure Inspection
10.4.1 Overview
10.4.2 Infrastructure Inspection: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.5 Utilities
10.5.1 Overview
10.5.2 Utilities: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.6 Construction
10.6.1 Overview
10.6.2 Construction: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.7 Mining
10.7.1 Overview
10.7.2 Mining: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
11. Asia Pacific Drone Battery Market – Country Analysis
11.1 Overview
11.1.1 Asia Pacific: Drone Battery Market, by Key Country
11.1.1.1 Australia: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Australia: Drone Battery Market, By Drone Type
11.1.1.1.2 Australia: Drone Battery Market, by Battery Type
11.1.1.1.3 Australia: Drone Battery Market, by Battery Capacity
11.1.1.1.4 Australia: Drone Battery Market, by Industry
11.1.1.2 China: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 China: Drone Battery Market, By Drone Type
11.1.1.2.2 China: Drone Battery Market, by Battery Type
11.1.1.2.3 China: Drone Battery Market, by Battery Capacity
11.1.1.2.4 China: Drone Battery Market, by Industry
11.1.1.3 India: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 India: Drone Battery Market, By Drone Type
11.1.1.3.2 India: Drone Battery Market, by Battery Type
11.1.1.3.3 India: Drone Battery Market, by Battery Capacity
11.1.1.3.4 India: Drone Battery Market, by Industry
11.1.1.4 Japan: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Japan: Drone Battery Market, By Drone Type
11.1.1.4.2 Japan: Drone Battery Market, by Battery Type
11.1.1.4.3 Japan: Drone Battery Market, by Battery Capacity
11.1.1.4.4 Japan: Drone Battery Market, by Industry
11.1.1.5 South Korea: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 South Korea: Drone Battery Market, By Drone Type
11.1.1.5.2 South Korea: Drone Battery Market, by Battery Type
11.1.1.5.3 South Korea: Drone Battery Market, by Battery Capacity
11.1.1.5.4 South Korea: Drone Battery Market, by Industry
11.1.1.6 Rest of Asia Pacific: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Asia Pacific: Drone Battery Market, By Drone Type
11.1.1.6.2 Rest of Asia Pacific: Drone Battery Market, by Battery Type
11.1.1.6.3 Rest of Asia Pacific: Drone Battery Market, by Battery Capacity
11.1.1.6.4 Rest of Asia Pacific: Drone Battery Market, by Industry
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Amperex Technology Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Autel Robotics Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 MicroMultiCopter Aero Technology Co Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Shenzhen Grepow Battery Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 SZ DJI Technology Co Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Japan: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 17. Japan: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 21. South Korea: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Asia Pacific: Drone Battery Market, By Drone Type– Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Asia Pacific: Drone Battery Market, by Battery Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Asia Pacific: Drone Battery Market, by Battery Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Asia Pacific: Drone Battery Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Drone Battery Market Segmentation
Figure 2. Asia Pacific Drone Battery Market Segmentation – By Country
Figure 3. Asia Pacific Drone Battery Market Overview
Figure 4. Mini Quad Contributed the Largest Market Share in 2021
Figure 5. China to Show Great Traction During Forecast Period of 2022 to 2028
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Asia Pacific Drone Battery Market– Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Drone Battery Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Asia Pacific Drone Battery Market, by Drone Type (2021 and 2028)
Figure 12. Mini Quad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Micro Quad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asia Pacific Drone Battery Market, by Battery Type (2021 and 2028)
Figure 15. NiCad: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. NiMH: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. LiPo: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Asia Pacific Drone Battery Market, by Battery Capacity (2021 and 2028)
Figure 19. Below 3,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. 3,000-5,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. 5,000-10,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Above 10,000 mAh: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Asia Pacific Drone Battery Market, by Industry (2021 and 2028)
Figure 24. Agriculture and Forestry: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Infrastructure Inspection: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Utilities: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Construction: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mining: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: Asia Pacific Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Asia Pacific: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Asia Pacific: Drone Battery Market Revenue Share, by Key Country (2021 & 2028)
Figure 32. Australia: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. China: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. India: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Japan: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. South Korea: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Asia Pacific: Drone Battery Market – Revenue and Forecast to 2028 (US$ Million)
- SZ DJI Technology Co
- Drone SAS
- Shenzhen Grepow Battery Co Ltd
- Amperex Technology Ltd
- Autel Robotics Co Ltd
- MicroMultiCopter Aero Technology Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific drone battery market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific drone battery market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the drone battery market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution