The Global Solar-powered UAV Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

Unmanned aerial vehicles (UAVs) or drones are autonomous aircraft, which are remotely controlled from the ground or through onboard computers. Solar-powered UAV platforms use photovoltaic panels to absorb energy from the sun and convert it into electrical energy to thrust the engines.
Solar powered UAVs are primarily adopted by militaries, defense agencies, paramilitary forces, and other national security agencies for intelligence, surveillance, and reconnaissance (ISR) missions as they can perform activities beyond the scope of human ability. The increasing investments from government agencies in R&D activities will positively impact the growth of the solar-powered UAV market in the defense segment.
Governments in the Americas are investing in several solar-powered UAV development projects to cater to the need for round-the-clock vigilant surveillance to detect incoming threats. The US army is focusing extensively towards the development and procurement of new-age solar-powered UAVs to fight insurgencies and to provide ISR assistance. In terms of geography, the Americas will be the major contributor to the solar-powered unmanned aerial vehicle market throughout the next few years.
In the global Solar-powered UAV Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Solar-powered UAV volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Solar-powered UAV market size by analysing historical data and future prospect.

In Market segmentation by manufacturers, the report covers the following companies-
Boeing
DJI
Lockheed Martin
Thales Group
Airbus
AeroVironment
Barnard Microsystems
Silent Falcon UAS
Sunlight Photonics
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Fixed-wing UAV
Multiple-rotor UAV
Other
In Market segmentation by applications :
Commercial
Defense and Military
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Solar-powered UAV Market for the forecast period 2023 - 2030?
• What are the driving forces in the Solar-powered UAV Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Solar-powered UAV industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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