Global Fuel Cells for Military Unmanned Aerial Vehicle (UAV) Market 2024-2028

The fuel cells for military unmanned aerial vehicle (UAV) market are forecasted to grow by USD 232.91 mn during 2023-2028, accelerating at a CAGR of 9.82% during the forecast period. The report on the fuel cells for the military unmanned aerial vehicle (UAV) market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising need for extended flight time, rising development of hydrogen infrastructure, and the adoption of fuel cells to decrease dependency on imported oil.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.6%
CAGR	9.82%
Incremental Value	$232.91mn

Technavio's fuel cells for military unmanned aerial vehicle (UAV) market are segmented as below:

By Product

Hydrogen fuel cell
Proton exchange membrane fuel cell
Solid oxide fuel cell

By Type

Tactical UAV
Mini UAV
Micro UAV
Medium altitude long endurance (MALE) UAV
High altitude long endurance (HALE) UAV

By Geographical Landscape

North America
APAC
Europe
Middle East and Africa
South America

This study identifies the emergence of formira hydrogen-on-demand technology as one of the prime reasons driving the fuel cells for military unmanned aerial vehicle (UAV) market growth during the next few years. Also, standardization of potential alternatives for lithium-ion batteries and gasoline-based fuel and flexibility in fuel type used in fuel cells will lead to sizable demand in the market.

The report on the fuel cells for the military unmanned aerial vehicle (UAV) market covers the following areas:

Fuel cells for military unmanned aerial vehicle (UAV) market sizing
Fuel cells for military unmanned aerial vehicle (UAV) market forecast
Fuel cells for military unmanned aerial vehicle (UAV) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fuel cells for military unmanned aerial vehicle (UAV) market vendors that include AeroVironment Inc., Aviation Turkey, Ballard Power Systems Inc., Barnard Microsystems Ltd., Cobham Ltd., Doosan Corp., Elbit Systems Ltd., General Dynamics Corp., H3 Dynamics Holdings Pte. Ltd., Honeywell International Inc., Intelligent Energy Ltd., Israel Aerospace Industries Ltd., ISS Aerospace, MMC, Northrop Grumman Corp., Plug Power Inc., Textron Inc., The Boeing Co., TW Horizon Fuel Cell Technologies, and ZeroAvia Inc.. Also, the fuel cells for military unmanned aerial vehicle (UAV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70254

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global fuel cells for military unmanned aerial vehicle (UAV) market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global fuel cells for military unmanned aerial vehicle (uav) market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Hydrogen fuel cell - Market size and forecast 2023-2028
Exhibit 34: Chart on Hydrogen fuel cell - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Hydrogen fuel cell - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Hydrogen fuel cell - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Hydrogen fuel cell - Year-over-year growth 2023-2028 (%)
6.4 Proton exchange membrane (PEM) fuel cell - Market size and forecast 2023-2028
Exhibit 38: Chart on Proton exchange membrane (PEM) fuel cell - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Proton exchange membrane (PEM) fuel cell - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Proton exchange membrane (PEM) fuel cell - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Proton exchange membrane (PEM) fuel cell - Year-over-year growth 2023-2028 (%)
6.5 Solid oxide fuel cell (SOFC) - Market size and forecast 2023-2028
Exhibit 42: Chart on Solid oxide fuel cell (SOFC) - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Solid oxide fuel cell (SOFC) - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Solid oxide fuel cell (SOFC) - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Solid oxide fuel cell (SOFC) - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)
Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Tactical UAV - Market size and forecast 2023-2028
Exhibit 52: Chart on Tactical UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Tactical UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Tactical UAV - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Tactical UAV - Year-over-year growth 2023-2028 (%)
7.4 Mini UAV - Market size and forecast 2023-2028
Exhibit 56: Chart on Mini UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Mini UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Mini UAV - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Mini UAV - Year-over-year growth 2023-2028 (%)
7.5 Micro UAV - Market size and forecast 2023-2028
Exhibit 60: Chart on Micro UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Micro UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Micro UAV - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Micro UAV - Year-over-year growth 2023-2028 (%)
7.6 Medium altitude long endurance (MALE) UAV - Market size and forecast 2023-2028
Exhibit 64: Chart on Medium altitude long endurance (MALE) UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Medium altitude long endurance (MALE) UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Medium altitude long endurance (MALE) UAV - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Medium altitude long endurance (MALE) UAV - Year-over-year growth 2023-2028 (%)
7.7 High altitude long endurance (HALE) UAV - Market size and forecast 2023-2028
Exhibit 68: Chart on High altitude long endurance (HALE) UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Data Table on High altitude long endurance (HALE) UAV - Market size and forecast 2023-2028 ($ million)
Exhibit 70: Chart on High altitude long endurance (HALE) UAV - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on High altitude long endurance (HALE) UAV - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Type
Exhibit 72: Market opportunity by Type ($ million)
Exhibit 73: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ million)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 AeroVironment Inc.
Exhibit 127: AeroVironment Inc. - Overview
Exhibit 128: AeroVironment Inc. - Business segments
Exhibit 129: AeroVironment Inc. - Key offerings
Exhibit 130: AeroVironment Inc. - Segment focus
12.4 Ballard Power Systems Inc.
Exhibit 131: Ballard Power Systems Inc. - Overview
Exhibit 132: Ballard Power Systems Inc. - Product / Service
Exhibit 133: Ballard Power Systems Inc. - Key news
Exhibit 134: Ballard Power Systems Inc. - Key offerings
12.5 Barnard Microsystems Ltd.
Exhibit 135: Barnard Microsystems Ltd. - Overview
Exhibit 136: Barnard Microsystems Ltd. - Product / Service
Exhibit 137: Barnard Microsystems Ltd. - Key offerings
12.6 Cobham Ltd.
Exhibit 138: Cobham Ltd. - Overview
Exhibit 139: Cobham Ltd. - Product / Service
Exhibit 140: Cobham Ltd. - Key news
Exhibit 141: Cobham Ltd. - Key offerings
12.7 Elbit Systems Ltd.
Exhibit 142: Elbit Systems Ltd. - Overview
Exhibit 143: Elbit Systems Ltd. - Product / Service
Exhibit 144: Elbit Systems Ltd. - Key offerings
12.8 General Dynamics Corp.
Exhibit 145: General Dynamics Corp. - Overview
Exhibit 146: General Dynamics Corp. - Business segments
Exhibit 147: General Dynamics Corp. - Key news
Exhibit 148: General Dynamics Corp. - Key offerings
Exhibit 149: General Dynamics Corp. - Segment focus
12.9 H3 Dynamics Holdings Pte. Ltd.
Exhibit 150: H3 Dynamics Holdings Pte. Ltd. - Overview
Exhibit 151: H3 Dynamics Holdings Pte. Ltd. - Product / Service
Exhibit 152: H3 Dynamics Holdings Pte. Ltd. - Key offerings
12.10 Honeywell International Inc.
Exhibit 153: Honeywell International Inc. - Overview
Exhibit 154: Honeywell International Inc. - Business segments
Exhibit 155: Honeywell International Inc. - Key news
Exhibit 156: Honeywell International Inc. - Key offerings
Exhibit 157: Honeywell International Inc. - Segment focus
12.11 Israel Aerospace Industries Ltd.
Exhibit 158: Israel Aerospace Industries Ltd. - Overview
Exhibit 159: Israel Aerospace Industries Ltd. - Product / Service
Exhibit 160: Israel Aerospace Industries Ltd. - Key news
Exhibit 161: Israel Aerospace Industries Ltd. - Key offerings
12.12 ISS Aerospace
Exhibit 162: ISS Aerospace - Overview
Exhibit 163: ISS Aerospace - Product / Service
Exhibit 164: ISS Aerospace - Key offerings
12.13 MMC
Exhibit 165: MMC - Overview
Exhibit 166: MMC - Product / Service
Exhibit 167: MMC - Key offerings
12.14 Northrop Grumman Corp.
Exhibit 168: Northrop Grumman Corp. - Overview
Exhibit 169: Northrop Grumman Corp. - Business segments
Exhibit 170: Northrop Grumman Corp. - Key news
Exhibit 171: Northrop Grumman Corp. - Key offerings
Exhibit 172: Northrop Grumman Corp. - Segment focus
12.15 Plug Power Inc.
Exhibit 173: Plug Power Inc. - Overview
Exhibit 174: Plug Power Inc. - Product / Service
Exhibit 175: Plug Power Inc. - Key offerings
12.16 Textron Inc.
Exhibit 176: Textron Inc. - Overview
Exhibit 177: Textron Inc. - Business segments
Exhibit 178: Textron Inc. - Key news
Exhibit 179: Textron Inc. - Key offerings
Exhibit 180: Textron Inc. - Segment focus
12.17 TW Horizon Fuel Cell Technologies
Exhibit 181: TW Horizon Fuel Cell Technologies - Overview
Exhibit 182: TW Horizon Fuel Cell Technologies - Product / Service
Exhibit 183: TW Horizon Fuel Cell Technologies - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 184: Inclusions checklist
Exhibit 185: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 186: Currency conversion rates for US$
13.4 Research methodology
Exhibit 187: Research methodology
Exhibit 188: Validation techniques employed for market sizing
Exhibit 189: Information sources
13.5 List of abbreviations
Exhibit 190: List of abbreviations