Global Electric Unmanned Aerial Vehicle Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Battery, Solar and Fuel-Cell

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn107365962 Published Date: May, 2025 Updated Date: June, 2025

Electric Unmanned Aerial Vehicle Market Overview

Electric Unmanned Aerial Vehicle Market (USD Million)

Electric Unmanned Aerial Vehicle Market was valued at USD 10,394.25 million in the year 2024. The size of this market is expected to increase to USD 28,674.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.6%.


Global Electric Unmanned Aerial Vehicle Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 15.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)15.6 %
Market Size (2024)USD 10,394.25 Million
Market Size (2031)USD 28,674.63 Million
Market ConcentrationLow
Report Pages333
10,394.25
2024
28,674.63
2031

Major Players

  • Aeronautics Ltd.
  • Airbus SE
  • AeroVironment Inc.
  • Bye Aerospace
  • Draganfly Inc.
  • Elbit Systems Ltd.
  • Impossible Aerospace Corp.
  • Intel Corporation
  • Lockheed Martin Corporation
  • Parrot Drones SAS
  • Raytheon Technologies Corporation
  • Sunlight Aerospace
  • Thales Group
  • Xiaomi Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Electric Unmanned Aerial Vehicle Market

Fragmented - Highly competitive market without dominant players


The Electric Unmanned Aerial Vehicle (UAV) Market is demonstrating remarkable momentum, with adoption rates surging by over 38% across various industries. Enhanced focus on eco-friendly technologies and energy conservation is driving the transition towards electric UAVs. The rising need for high-precision tasks has further bolstered this upward trend.

Technological Advancements
The market is experiencing a 42% improvement in UAV flight endurance, supported by cutting-edge battery solutions and lightweight materials. Integration of AI-driven navigation and real-time data analytics has amplified operational capabilities. This shift from manual to automated UAV systems is shaping the future of unmanned aerial technology.

Environmental Impact Considerations
With emissions reductions of up to 50%, electric UAVs are at the forefront of sustainability efforts. Companies are adopting these solutions to align with global environmental compliance standards, supporting the move towards greener technologies. The shift towards electric UAVs underscores the industry’s commitment to carbon neutrality.

Future Outlook
Market forecasts indicate a 57% rise in electric UAV adoption by 2030. Continued advancements in power systems and miniaturization of components are expected to sustain growth. With strong investments in research and innovation, the market is set to deliver enhanced, versatile, and efficient UAV solutions in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Region
  4. Electric Unmanned Aerial Vehicle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost Efficiency
        2. Technological Innovation
        3. Environmental Sustainability
        4. Advancements in Battery Technology
        5. Diverse Applications
      2. Restraints
        1. Limited Range and Endurance
        2. Weather Dependence
        3. Initial Investment Costs
        4. Charging Infrastructure
      3. Opportunities
        1. Infrastructure Inspection and Maintenance
        2. Logistics and Delivery Services
        3. Environmental Monitoring and Conservation
        4. Telecommunications and Connectivity
        5. Precision Agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Electric Unmanned Aerial Vehicle Market, By Technology, 2021 - 2031 (USD Million)
      1. Battery
      2. Solar
      3. Fuel-Cell
    2. Electric Unmanned Aerial Vehicle Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East and Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aeronautics Ltd.
      2. Airbus SE
      3. AeroVironment Inc.
      4. Bye Aerospace
      5. Draganfly Inc.
      6. Elbit Systems Ltd.
      7. Impossible Aerospace Corp.
      8. Intel Corporation
      9. Lockheed Martin Corporation
      10. Parrot Drones SAS
      11. Raytheon Technologies Corporation
      12. Sunlight Aerospace
      13. Thales Group
      14. Xiaomi Corporation
  7. Analyst Views
  8. Future Outlook of the Market