Global UAV Propulsion System Market Insights, Size and Growth Forecast To 2027
Global UAV propulsion system market anticipated fuelling due to the surge in demand for UAV in high-tech regional wars, and the complex counterinsurgency, intelligence, surveillance, and counter-terrorism operations. Global UAV propulsion system market anticipated growing with a CAGR of over 13.7% during 2020–2027. The primary factors are the rise in demand for lightweight; more fuel-efficient engines permit usage of expensive payload for a given mission without significantly affecting the size and cost of the UAV. Additionally, the shift towards the development of fuel cell and solar power, which are a viable alternative to small internal combustion engines, given their low heat and noise profile will propel the growth of the UAV propulsion system market in the future periods. Further, the growing usage of fuel-cell based for its improved reliability over small internal combustion engines and enhancing safe and low maintenance operation is strengthening the market g...