A drone battery is the primary and most important component of a quadcopter and is selected ideally to gain a perfect balance between its performance and flight time. Lithium batteries are the most common batteries used to power quadcopters due to their higher energy densities and discharge capabilities. The lithium battery packs used to power quadcopters are of two types: Lithium Polymer (LiPO) and lithium polymer high voltage (LiHV). The primary difference between the two is that a LiPO cell has a fully charged voltage of 4.2V compared to a LiHV cell which has a voltage of 4.35V at full charge. A LiPO has a resting or nominal voltage of 3.7V versus a LiHV which has a storage voltage of 3.8V.?The battery pack voltage is important as it impacts the maximum motor speed of a quadcopter.?
Global Drone Battery Market is valued at USD 3.60 Billion in 2021 and is expected to reach USD 12.52 Billion by 2028 with a CAGR of 19.5% over the forecast period.
Covid-19 has made a strong impact on the growth of the global drone battery market. Due to lockdowns, some of its end-users like consumer-driven electronics, and commercial and construction sites were terribly affected by the pandemic. They had to slow down production due to a shortage of manpower and disruption in the transportation of goods and raw materials. On the other hand, end-users like medical equipment, sample transport, and IoT-based manufacturers had to speed up their production capacity in response to the growth in demand and increased consumption. As per a secondary source, drones were used for the transport of samples, blood, vaccines, medicines, organs and other life-saving medical equipment. These were also used for Covid-19 situational monitoring and mass gatherings during the pandemic. However, the overall impact on the drone battery market due to the pandemic depends on various other factors such as the duration and spread of the disease worldwide, regulations imposed by various governments in view of it, the pace of the research work with respect to Covid-19, and others.
The growth in demand of drones for commercial and medical use and increasing investment for development in drone technology by both public and private sectors are some of the major factors driving the growth of the Global Drone Battery Market.
Shenzhen Grepow Battery Co. is a Chinese high-tech Firm. established In 1998 and Its headquartered at Chuang Yi Rd, Longhua Village, Bao An District, Shenzhen, Guangdong, China. Specialties in development. manufacture and sales of rechargeable batteries. Company had nearly 3,990 Employees and had revenue of $787 Million.
EaglePicher Technologies is a US Battery manufacturing company. established In 1842 and Its headquartered at 120 S Central Ave, Ste 200, St. Louis, Missouri, 63105, United States. Specialties in its battery technology, energetic devices, and battery management systems. Company had nearly 900 Employees and had revenue of $244 Million.
Intelligent Energy Company is a UK Based fuel cell engineering company. established In 2000 and Its headquartered at Holywell Park Ashby Rd, Loughborough, Leicestershire, LE11 3GB, United Kingdom. Specialties in the development and commercialization of its proton-exchange membrane fuel cell technologies for a range of markets including automotive, stationary power, and UAVs. Intelligent Energy Company had nearly 81 Employees and had revenue of $117 Million.
RRC Power Solutions is a US Based manufacturer of standard energy storage solutions. established In 1989 and Its headquartered at 18340 Yorba Linda Blvd., Suite 107-437, Yorba Linda, California, 92886, United States. The company is Also Known for the highest reliability and innovative technologies in the field of mobile power supply. Company had nearly 75 Employees and had revenue of $144 Million.
Solid Energy Systems is a US Based Battery Company. established In 2012 and Its headquartered at 35 Cabot Rd, Woburn, Massachusetts, 01801, United States. Specialties in the development and production of high-performance Li-Metal rechargeable batteries for electric vehicles (EVs) and other applications. SES Company had nearly 126 Employees and had revenue of $38 Million.