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
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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MicroMultiCopter Aero Technology Co | View profile | 501-1000 | Shenzhen, Guangdong, China, Asia | http://www.mmcuav.com/ |
| Lumenier | View profile | - | Sarasota, Florida, United States, North America | http://www.lumenier.com/ |
| Grepow Battery | View profile | 1001-5000 | Shenzhen, Guangdong, China, Asia | http://www.grepow.com |
| Kokam | View profile | 251-500 | Suwon, Ch'ungch'ong-namdo, South Korea, Asia | http://www.kokam.com/ |
| Highpower International | View profile | 5001-10000 | Guangdong, Jilin, China, Asia | http://www.highpowertech.com/ |
| Amperex Technology | View profile | 5001-10000 | Ningde, Fujian, China, Asia | http://www.atlbattery.com/ |
| H3 Dynamics | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | https://www.h3dynamics.com |
| Intelligent Energy | View profile | 501-1000 | Loughborough, Leicestershire, United Kingdom, Europe | http://www.intelligent-energy.com |
| DJI | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://www.dji.com/ |
| Ballard Power Systems Inc | View profile | 1173 | 9000 Glenlyon Parkway, Burnaby, BC, Canada, V5J 5J8 | https://www.ballard.com |
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