Technology

Hybrid UAV Market worth $1,705.0 million by 2030 – Exclusive Report by MarketsandMarkets™

Published

2 months ago

November 15, 2024

DELRAY BEACH, Fla., Nov. 15, 2024 /PRNewswire/ — The Hybrid UAV Market is estimated to be USD 760.7 million in 2024 and is projected to reach USD 1705.0 million by 2030, at a CAGR of 14.4% between 2024 and 2030 according to a new report by MarketsandMarkets™. The hybrid UAV market is rapidly evolving, characterized by the integration of advanced technologies and increasing demand across various sectors. Defined by the development and deployment of unmanned aerial vehicles that utilize multiple propulsion systems, hybrid UAVs combine conventional fuel-powered components with electric power sources. This innovative approach addresses the limitations of traditional UAVs, enabling enhanced payload capacities, extended flight times, and improved operational versatility. As industries seek more efficient and adaptable aerial solutions for applications such as surveillance, agriculture, and logistics, the hybrid UAV market has gained significant traction. The market was valued at approximately USD 760.8 million in 2024 and is poised for substantial growth, driven by continuous technological advancements, including sophisticated avionics and intelligent energy management systems. With a focus on sustainability and efficiency, hybrid UAVs are redefining aerial capabilities and setting new standards for performance in the unmanned aerial vehicle landscape.

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Browse in-depth TOC on “Hybrid UAV Market”
258 – Tables
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253 – Pages

Hybrid UAV Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 760.7 million

Estimated Value by 2030

$ 1705.0 million

Growth Rate

Poised to grow at a CAGR of 14.4%

Market Size Available for

2020–2030

Forecast Period

2024–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Industry, Propulsion, Endurance, Power and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Rapid advancements in battery technology and all-electric UAV systems

Key Market Opportunities

Innovations in energy storage technologies

Key Market Drivers

Intelligent energy management in hybrid UAVs

By Type, the Lift + Cruise segment is projected grow the fastest during the forecast period.

The increasing demand for efficient urban air mobility solutions is propelling interest in Lift + Cruise designs, which offer the versatility of vertical takeoff and landing (VTOL) combined with the efficiency of fixed-wing flight. This capability is particularly appealing for applications such as cargo delivery, emergency services, and passenger transport in congested urban environments. Advancements in hybrid propulsion technologies are enhancing the performance and reliability of Lift + Cruise UAVs, allowing them to achieve longer ranges and higher payload capacities while minimizing environmental impact. The integration of artificial intelligence (AI) further enhances these systems by optimizing flight paths and energy management, thereby improving operational efficiency. Furthermore, regulatory developments aimed at facilitating urban air mobility are creating a more favorable environment for the deployment of Lift + Cruise hybrid UAVs.

By Industry, the commercial segment is expected to grow the most during the forecast period.

Increasing demand for versatile aerial solutions across various industries, including agriculture, construction, and logistics, is propelling the adoption of hybrid UAVs. These drones offer the unique advantage of combining electric and combustion propulsion systems, enabling longer flight times and enhanced payload capacities, which are essential for tasks such as aerial surveying, crop monitoring, and infrastructure inspection. The integration of advanced technologies, such as high-resolution cameras and LiDAR sensors, further enhances the capabilities of hybrid UAVs, making them indispensable tools for data collection and analysis. The growing emphasis on sustainability and reducing carbon footprints is encouraging businesses to adopt hybrid UAVs as a more environmentally friendly alternative to traditional aerial solutions.

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North America holds the highest growth rate in the region for the Hybrid UAV Industry.

The region’s strong aerospace and defense infrastructure supports significant investments in hybrid UAV technology, with companies like AeroVironment and Northrop Grumman leading the charge in innovation. The increasing demand for versatile aerial solutions across various sectors—including agriculture, logistics, and surveillance—further propels the adoption of hybrid UAVs, which combine the benefits of electric and combustion propulsion systems to enhance operational efficiency and extend flight capabilities. The growing emphasis on sustainability and reducing carbon emissions is also a critical driver, as hybrid UAVs offer a more environmentally friendly alternative to traditional aircraft.

Key players in the hybrid UAV companies include Northrop Grumman (US), Thale (France), L3Harris Technologies, Inc., (US), JOUAV (China), Elroy Air (US), Draganfly (Canda), Pipistrel (Italy), Harris Aerial (US), Natilus (US), Doosan Mobility Innovation (South Korea) Moya aero (Brazil), Waveaerospace (US), Aeronautics (Israel), Skyfront (US), Xer Technologies. Avartek (UK), ElevonX (US), ALTI Unmanned (South Africa) and Elbit Systems Ltd. (Israel) among others.

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UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region – Global Forecast to 2029

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Technology

HevenDrones Partners with SMARTSHOOTER for Drone Defense

Published

4 minutes ago

January 15, 2025

New partnership addresses mission-critical demand for counter-drone technology amid escalating global conflicts

MIAMI, Jan. 15, 2025 /PRNewswire/ — HevenDrones (Heven), the market leader in hydrogen-powered drones, announced today a partnership with SMARTSHOOTER, a global innovator in fire control systems that significantly increase hit probability against static and moving ground and aerial targets.

The collaboration integrates SMARTSHOOTER’s SMASH Dragon platform with Heven’s H100 and Urban drone platforms, enabling precision targeting and engagement of both ground and aerial threats.

“As drone conflicts escalate, we know that counter-drone technology will prove critical to the evolving needs of the armed forces,” said Bentzion Levinson, CEO of Heven. “By integrating our drones with SMARTSHOOTER’s fire control systems, we aim to address customer demand for the future needs of remotely-controlled warfare.”

SMASH Dragon is an advanced robotic weapon payload that can be mounted on various drones and unmanned aerial platforms. Leveraging SMARTSHOOTER’s SMASH proprietary fire control and target acquisition algorithms, along with ballistic-calculated shot release, the system directs the weapon and accurately times the shot to achieve a precise hit. The system is uniquely designed to lock, track, and engage unknown targets in unpredictable environments, whether static or dynamic, day or night, unaffected by target movements or human errors such as fatigue and stress.

Staying at the forefront of military technology innovation, SMASH’s proven track record includes recent successful deployments and significant contracts to supply the SMASH 3000 system to NATO Countries for counter-drone operations and equipping the British Army with SMASH systems for counter-unmanned aerial system (C-UAS) capabilities.

About HevenDrones

HevenDrones was founded in 2019 with a clear vision: To unlock the immense potential of the drone economy. Heven’s hydrogen-powered, runway-independent drones are designed with endurance and adaptability in mind. Built for the most complex missions, Heven’s drones operate anywhere—efficiently, quietly, and reliably— providing the warfighter with the technology to get the job done.

About SMARTSHOOTER

Founded in 2011, SMARTSHOOTER is an Israeli-based company that has developed world-leading fire control systems to enhance the accuracy and effectiveness of small arms. Their SMASH product line, which includes the SMASH Dragon, utilizes artificial intelligence, computer vision, and advanced algorithms to enable precise targeting of both ground and aerial threats, including drones. Headquartered in Yagur, Israel, SMARTSHOOTER also operates subsidiaries in the U.S. (Maryland), Europe (Germany), and Australia, serving a diverse array of global clients such as the Israel Defense Forces, U.S. Army, British Army, and other NATO member forces.

View original content:https://www.prnewswire.com/news-releases/hevendrones-partners-with-smartshooter-for-drone-defense-302352140.html

SOURCE Heven Drones

Technology

HevenDrones Partners with SMARTSHOOTER for Drone Defense

Published

4 minutes ago

January 15, 2025

New partnership addresses mission-critical demand for counter-drone technology amid escalating global conflicts

The collaboration integrates SMARTSHOOTER’s SMASH Dragon platform with Heven’s H100 and Urban drone platforms, enabling precision targeting and engagement of both ground and aerial threats.

About HevenDrones

About SMARTSHOOTER

View original content:https://www.prnewswire.com/news-releases/hevendrones-partners-with-smartshooter-for-drone-defense-302352140.html

SOURCE Heven Drones

Technology

Extinguishing Wildfires with Light at Meta Photonix

Published

4 minutes ago

January 15, 2025

SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — MetaPhotonix Inc. (MPI), a Silicon Valley startup, is developing a revolutionary method to extinguish large-scale wildfires using nothing but light – eliminating water! The innovative technology also aims to significantly reduce the need for aircraft, and firefighters, enabling fires to be extinguished by AI remotely at the speed of light.

In 2024, MPI achieved a small yet groundbreaking milestone, by remotely extinguishing a tiny flame, equivalent to the size of a candle, using only light. While small in scale compared to actual wildfires, this experiment serves as a vital proof-of-concept, paving the way for a future where wildfires can be managed quickly and cost-effectively.

“It’s like the first transistor—early stage, but with transformative potential,” said CEO, Dr. Leo DiDomenico, a former NASA Jet Propulsion Laboratory scientist.

MPI’s technology, known as photopyrokinesis, leverages “structured light” from lasers and millimeter-wave sources. These initially low-intensity beams traverse the atmosphere where they would get focused to high-intensity at the disaster area to suppress wildfires without water, chemicals, or close-range human intervention.

This innovation could save the U.S. up to $1 trillion annually in wildfire-related costs, an amount rivaling the nation’s military budget, while addressing up to 20% of global CO₂ emissions.

Using precise light beams, MPI’s technology can potentially even target fires near buildings, offering a critical tool for protecting lives and property. Therefore, this approach is a potential game-changer for the insurance industry, allowing them to keep insuring homes, by reducing claims from wildfires. Each community might someday have its own quick-acting AI fire sentry protecting lives and homes – making fire insurance viable again.

Photopyrokinesis works by directing beams of structured light to fire zones to manipulate the electronic structure of the atmosphere and create localized shockwaves that deny oxygen to the fire. This process provides millions of tiny, controlled explosions each second, extinguishing flames rapidly and efficiently. It is like using dynamite to put out an oil well fire, but much more controlled and targeted.

The structured light’s unique properties allow it to even propagate on curved trajectories, like water from a hose, enabling precise targeting of the fire even in extreme wind conditions like Santa Ana winds.

Founded in 2022 by Dr. DiDomenico, MetaPhotonix Inc. is advancing in the XPRIZE Wildfire competition, but needs visionary investors to help scale this technology and protect lives, ecosystems, and economies from the devastating effects of wildfires.

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SOURCE MetaPhotonix Inc