Middle East & Africa Energy Storage For Unmanned Aerial Vehicles Market Size & Outlook
The energy storage for unmanned aerial vehicles market in Middle East & Africa is expected to reach a projected revenue of US$ 52.3 million by 2030. A compound annual growth rate of 24.2% is expected of Middle East & Africa energy storage for unmanned aerial vehicles market from 2024 to 2030.
Revenue, 2023 (US$M)
$11.5
Forecast, 2030 (US$M)
$52.3
CAGR, 2024 - 2030
24.2%
Report Coverage
Middle East & Africa
Middle East & Africa energy storage for unmanned aerial vehicles market, 2018-2030 (US$M)
Related Markets
MEA energy storage for unmanned aerial vehicles market highlights
- The MEA energy storage for unmanned aerial vehicles market generated a revenue of USD 11.5 million in 2023.
- The market is expected to grow at a CAGR of 24.2% from 2024 to 2030.
- In terms of segment, battery was the largest revenue generating product in 2023.
- Battery is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 11.5 million |
| Market revenue in 2030 | USD 52.3 million |
| Growth rate | 24.2% (CAGR from 2023 to 2030) |
| Largest segment | Battery |
| Fastest growing segment | Battery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Battery |
| Key market players worldwide | Amperex Technology, Ballard Power Systems Inc, DJI, Highpower International, Kokam, Grepow Battery, H3 Dynamics, Intelligent Energy, Lumenier, MicroMultiCopter Aero Technology Co |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.8% of the global energy storage for unmanned aerial vehicles market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 536.9 million by 2030.
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Energy Storage For Unmanned Aerial Vehicles Market Scope
Energy storage for unmanned aerial vehicles market segmentation & scope
Application
MALE (medium altitude long endurance) UAVs
HALE (high altitude long endurance) UAVs
Tactical UAVs
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
China
India
Japan
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Energy Storage For Unmanned Aerial Vehicles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa energy storage for unmanned aerial vehicles market
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