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Global Solar-Powered UAVs Market Forecast to Reach $2.2 Billion by 2032 | Airbus, AeroVironment, BAE Systems, Lockheed Martin and Skydweller Dominate

Market forecast to $2.2 billion by 2032 with named dominant players Airbus, AeroVironment, BAE Systems, Lockheed Martin,

Context

What happened: ResearchAndMarkets.com added a report on solar-powered UAVs projecting the global market to grow from an estimated US$1.2 billion in 2025 to US$2.2 billion by 2032. Key numbers: 2025 value US$1.2 billion; 2032 forecast US$2.2 billion; CAGR 9.6%; filming and photography segment US$669.8 million by 2032 at 10.5% CAGR; Why it matters: The report cites defense and security surveillance, precision agriculture, and sustainability objectives as drivers, with investment in photovoltaic efficiency and energy storage expected to improve endurance and cost efficiency through 2032. Market: -0.6% today ($192.10), -4.0% YTD, 0.2x vol — as of 15:18 UTC

What changed

ResearchAndMarkets.com added a report on solar-powered UAVs projecting the global market to grow from an estimated US$1.2 billion in 2025 to US$2.2 billion by 2032.

Why it matters

The report cites defense and security surveillance, precision agriculture, and sustainability objectives as drivers, with investment in photovoltaic efficiency and energy storage expected to improve endurance and cost efficiency through 2032. Market: -0.6% today ($192.10), -4.0% YTD, 0.2x vol — as of 15:18 UTC

Sources

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