UAV Propulsion System Market

As per Market Research Future Analysis, the UAV Propulsion System Market is projected to reach USD 36.368 billion by 2030, expanding at a CAGR of 12% between 2024 and 2032. The market is significantly influenced by the defense sector's demand for reliable propulsion systems capable of handling heavy loads. The COVID-19 pandemic temporarily disrupted market growth, but recovery is anticipated by the end of Q3 2024. Key drivers include the need for enhanced security and border monitoring, while challenges such as the risk of failure in thermal systems and low endurance in electric systems persist. The market is segmented by propulsion type, range, end-users, and region, with North America holding the largest market share due to the presence of major players and increased investments.

United Technologies Corporation, UAV Turbines, Inc., UAV Propulsion Tech, UAV Engine Ltd., Sky Power GmbH, Safran SA, Rotron Power Ltd., Orbital Corporation, LaunchPoint Technologies Inc., Hirth Engines GmbH, GE Aviation, Ballard Power Systems Inc., Austro Engine GmbH, 3W International GmbH.

• Q4 2024: ePropelled Launches Falcon Propulsion Systems for Made-in-America Drones ePropelled Inc. introduced its new Falcon Propulsion Systems, featuring five electric propulsion motors and five advanced motor controllers with efficiency rates up to 98%, targeting the growing demand for advanced UAV propulsion in the U.S. drone market.[3]
• Q2 2024: ISRO Announces Demonstration of Indigenously Developed Electric Propulsion System on TDS-01 Satellite ISRO revealed plans to demonstrate its new electric propulsion system, featuring a 300 mN thruster, on the Technology Demonstration Satellite (TDS-01) scheduled for launch in the latter half of 2024, aiming to enhance efficiency and reduce satellite mass and fuel requirements.[2]

Recent Developments

• In March 2017, the simulation test of flight endurance has been completed by Rotron Power Ltd. for 1000 hours. It will help in setting reliability, performance, and weight benchmark for the UAV propulsion systems.
• In June 2018, a huge order for a total of 13 fuel cell propulsion systems has been received by Ballard’s subsidiary Protonex from the US for unmanned aerial vehicles. The main focus of the company is to provide reliable, long-range, and low-maintenance propulsion systems.
• In January 2019, a two-stroke engine called SP-210 FI TS has been launched by Sky Power GmbH for unmanned aerial vehicles (UAVs). It is expected to rotate at a high speed of 5000 rpm.
• LaunchPoint Technologies Inc. (US) is spending a huge sum of money on research and development to get an upper edge over its competitors. This will help the company in increasing its sales volume.