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Asia Pacific Fuel Cell UAV Market Size, Share & Trends Analysis Report By Weight, By Product Type, By Application, By Type (Rotary Wing, Fixed Wing, and Hybrid), By End-Use (Cargo UAV, and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 139 Pages
  • March 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953777
The Asia Pacific Fuel Cell UAV Market would witness market growth of 14.4% CAGR during the forecast period (2023-2030).

The China market dominated the Asia Pacific Fuel Cell UAV Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $205.8 million by 2030. The Japan market is registering a CAGR of 13.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 15.2% during (2023 - 2030).



In the logistics and transportation sector, fuel cell-powered UAVs have the potential to revolutionize last-mile delivery services, enabling faster, more efficient, and environmentally friendly delivery of goods and parcels. As per the data released in 2023 by the International Trade Administration, in line with the Kingdom’s long-term strategic Vision 2030 program, Saudi Arabia has launched the National Transport and Logistics Strategy to develop and expand transportation in the sea-to-air and rail-to-road connectivity.

Saudi Arabia’s freight and logistics sector is valued at $20.47 billion and is expected to reach $32.12 billion by 2026. Likewise, as per the Government of India, with a 2021 valuation of USD 215 billion, the logistics sector anticipates a promising growth of 10.7% between 2021 and 2026. The Government's bestowed 'infrastructure status' further solidifies its significance.

In addition, the Australian government has been investing heavily in defense modernization programs, aiming to strengthen the country's defense capabilities and enhance its national security posture. As part of this initiative, there has been a growing emphasis on leveraging cutting-edge technologies like fuel cell propulsion systems for UAVs. According to the International Trade Administration data, Australia is spending $200+ Billion on defense acquisition through 2030. Thus, with Asia Pacific's growing construction and defense sectors, the regional market will expand rapidly in the coming years.

Based on Weight, the market is segmented into Less Than 50 Kg, and More Than 50 Kg. Based on Product Type, the market is segmented into Hydrogen Fuel Cell, Proton Exchange Membrane Fuel Cell, and Solid Oxide Fuel Cell. Based on Application, the market is segmented into Civil & Commercial, Military & Defence, Logistics & Transportation, Construction & Mining, and Others. Based on Type, the market is segmented into Rotary Wing, Fixed Wing, and Hybrid. Based on End-Use, the market is segmented into Cargo UAV, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Doosan Corporation
  • Elbit Systems Ltd.
  • The Boeing Company
  • Northrop Grumman Corporation
  • Textron, Inc.
  • AeroVironment, Inc.
  • Barnard Microsystems Ltd.
  • Horizon Fuel Cell Technologies
  • ISS Aerospace
  • Plug Power, Inc. (EnergyOR)

Market Report Segmentation

By Weight
  • Less Than 50 Kg
  • More Than 50 Kg
By Product Type
  • Hydrogen Fuel Cell
  • Proton Exchange Membrane Fuel Cell
  • Solid Oxide Fuel Cell
By Application
  • Civil & Commercial
  • Military & Defence
  • Logistics & Transportation
  • Construction & Mining
  • Others
By Type
  • Rotary Wing
  • Fixed Wing
  • Hybrid
By End-Use
  • Cargo UAV
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Fuel Cell UAV Market, by Weight
1.4.2 Asia Pacific Fuel Cell UAV Market, by Product Type
1.4.3 Asia Pacific Fuel Cell UAV Market, by Application
1.4.4 Asia Pacific Fuel Cell UAV Market, by Type
1.4.5 Asia Pacific Fuel Cell UAV Market, by End-Use
1.4.6 Asia Pacific Fuel Cell UAV Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Fuel Cell UAV Market
Chapter 5. Asia Pacific Fuel Cell UAV Market by Weight
5.1 Asia Pacific Less Than 50 Kg Market by Country
5.2 Asia Pacific More Than 50 Kg Market by Country
Chapter 6. Asia Pacific Fuel Cell UAV Market by Product Type
6.1 Asia Pacific Hydrogen Fuel Cell Market by Country
6.2 Asia Pacific Proton Exchange Membrane Fuel Cell Market by Country
6.3 Asia Pacific Solid Oxide Fuel Cell Market by Country
Chapter 7. Asia Pacific Fuel Cell UAV Market by Application
7.1 Asia Pacific Civil & Commercial Market by Country
7.2 Asia Pacific Military & Defence Market by Country
7.3 Asia Pacific Logistics & Transportation Market by Country
7.4 Asia Pacific Construction & Mining Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Fuel Cell UAV Market by Type
8.1 Asia Pacific Rotary Wing Market by Country
8.2 Asia Pacific Fixed Wing Market by Country
8.3 Asia Pacific Hybrid Market by Country
Chapter 9. Asia Pacific Fuel Cell UAV Market by End-Use
9.1 Asia Pacific Cargo UAV Market by Country
9.2 Asia Pacific Others Market by Country
Chapter 10. Asia Pacific Fuel Cell UAV Market by Country
10.1 China Fuel Cell UAV Market
10.1.1 China Fuel Cell UAV Market by Weight
10.1.2 China Fuel Cell UAV Market by Product Type
10.1.3 China Fuel Cell UAV Market by Application
10.1.4 China Fuel Cell UAV Market by Type
10.1.5 China Fuel Cell UAV Market by End-Use
10.2 Japan Fuel Cell UAV Market
10.2.1 Japan Fuel Cell UAV Market by Weight
10.2.2 Japan Fuel Cell UAV Market by Product Type
10.2.3 Japan Fuel Cell UAV Market by Application
10.2.4 Japan Fuel Cell UAV Market by Type
10.2.5 Japan Fuel Cell UAV Market by End-Use
10.3 India Fuel Cell UAV Market
10.3.1 India Fuel Cell UAV Market by Weight
10.3.2 India Fuel Cell UAV Market by Product Type
10.3.3 India Fuel Cell UAV Market by Application
10.3.4 India Fuel Cell UAV Market by Type
10.3.5 India Fuel Cell UAV Market by End-Use
10.4 South Korea Fuel Cell UAV Market
10.4.1 South Korea Fuel Cell UAV Market by Weight
10.4.2 South Korea Fuel Cell UAV Market by Product Type
10.4.3 South Korea Fuel Cell UAV Market by Application
10.4.4 South Korea Fuel Cell UAV Market by Type
10.4.5 South Korea Fuel Cell UAV Market by End-Use
10.5 Singapore Fuel Cell UAV Market
10.5.1 Singapore Fuel Cell UAV Market by Weight
10.5.2 Singapore Fuel Cell UAV Market by Product Type
10.5.3 Singapore Fuel Cell UAV Market by Application
10.5.4 Singapore Fuel Cell UAV Market by Type
10.5.5 Singapore Fuel Cell UAV Market by End-Use
10.6 Australia Fuel Cell UAV Market
10.6.1 Australia Fuel Cell UAV Market by Weight
10.6.2 Australia Fuel Cell UAV Market by Product Type
10.6.3 Australia Fuel Cell UAV Market by Application
10.6.4 Australia Fuel Cell UAV Market by Type
10.6.5 Australia Fuel Cell UAV Market by End-Use
10.7 Rest of Asia Pacific Fuel Cell UAV Market
10.7.1 Rest of Asia Pacific Fuel Cell UAV Market by Weight
10.7.2 Rest of Asia Pacific Fuel Cell UAV Market by Product Type
10.7.3 Rest of Asia Pacific Fuel Cell UAV Market by Application
10.7.4 Rest of Asia Pacific Fuel Cell UAV Market by Type
10.7.5 Rest of Asia Pacific Fuel Cell UAV Market by End-Use
Chapter 11. Company Profiles
11.1 Doosan Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 SWOT Analysis
11.2 Elbit Systems Ltd.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Product Launches and Product Expansions:
11.2.6 SWOT Analysis
11.3 The Boeing Company
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 SWOT Analysis
11.4 Northrop Grumman Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 SWOT Analysis
11.5 Textron, Inc.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expenses
11.5.5 SWOT Analysis
11.6 AeroVironment, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Acquisition and Mergers:
11.6.6 SWOT Analysis
11.7 Barnard Microsystems Ltd.
11.7.1 Company Overview
11.7.2 SWOT Analysis
11.8 Horizon Fuel Cell Technologies
11.8.1 Company Overview
11.8.2 SWOT Analysis
11.9 ISS Aerospace
11.9.1 Company Overview
11.9.2 Recent strategies and developments:
11.9.2.1 Product Launches and Product Expansions:
11.10. Plug Power, Inc. (EnergyOR)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.5.2 Product Launches and Product Expansions:
11.10.5.3 Acquisition and Mergers:
11.10.6 SWOT Analysis

Companies Mentioned

  • Doosan Corporation
  • Elbit Systems Ltd.
  • The Boeing Company
  • Northrop Grumman Corporation
  • Textron, Inc.
  • AeroVironment, Inc.
  • Barnard Microsystems Ltd.
  • Horizon Fuel Cell Technologies
  • ISS Aerospace
  • Plug Power, Inc. (EnergyOR)

Methodology

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