Monday, November 26, 2018

Solar Powered Drones Market by Key Vendors: Airbus (QinetiQ), Boeing Phantom Works, Google (Titan Aerospace ...

Solar Powered Drones Market size is expected to grow at over 15% CAGR over the forecast timeframe till 2024

This press release was orginally distributed by SBWire

Sellbyville, DE -- (SBWIRE) -- 11/26/2018 -- North America solar powered drone market share was the largest in 2015 owing to high adoption rates due to the extensive applications of military drones. Combat and surveillance operations in the critical war zones are projected to enhance growth prospects in the region. Initiatives undertaken by aviation regulatory authorities and government, such as EASA in Europe and FAA in the U.S., will drive the growth till 2024. Asia Pacific region is expected to be the major regional segment due to high investments by countries such as Japan, India, and China for military and commercial purposes.

Solar Powered Drones Market size is expected to grow at over 15% CAGR over the forecast timeframe till 2024. The rising adoption of UAVs by numerous end user industries and the development of efficient solar powered propulsion system are expected to drive the solar powered drones market.

Request for an in-depth table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/758

Technological advancements surfacing in hydrogen fuel cell, photovoltaic cell, and hybrid propulsion system used to generate energy may help in improving the endurance and flight range. This will assist in their penetration in the global market owing to their increased demands in civil and commercial application utilities to function on an autonomous power source.

Reliable and good quality internet connectivity has become a necessity around the globe, which is restricted only to the urban areas. Initiatives taken by network providers to connect with remote rural regions with best quality internet services and increase in the consumer base are expected to drive market growth. Such unmanned aerial vehicles also find major applications in mapping, disaster management, and surveillance.

Extensive applications for law enforcement activities to assist crime investigation are gaining prominence. It is used for accumulating evidence by capturing quality videos and images from over the crime scene without tampering the existing evidence. Also, it can be used for traffic management, accident inspection, and congestion analysis.

Severe government regulations prohibiting the adoption of these aerial vehicles are anticipated to restrain solar powered drones market size. Severe threats to public security and privacy norms are challenging the growth prospects. As these technologies have only recently established a foothold in the industry, lack of trained professionals and pilots to manage the functions is expected to pose major challenges to the growth.

UAV technologies were restricted for application only in the defense industry until 2013; however, trends in the last two years have witnessed participation of large aviation & tech-companies accompanied with small private industries in the solar powered drones market. Key participants are targeting advanced application enhancements in the machinery, such as HD imaging, communication networks, thermal imaging and exigency service support, for increasing the solar powered drone market share. Upcoming aerial vehicles have encapsulated photovoltaic cells on the wings to reduce the weight while maintaining the aerodynamic features to extend the flight range of UAVs.

On the basis of applications, the global solar powered drones market can be segmented into agriculture, energy, government & defense, telecommunication, and media & entertainment. The government and defense segment contributed a major share till 2015 owing to the major applications for surveying and mapping of regions. Regulatory amendments over the forecast timeframe are anticipated to propel the growth in the commercial sectors as well. Telecommunication, media, and commercial segments are expected to witness significant growth rates over the forecast timeline.

Make an inquiry for buying this report @
https://www.gminsights.com/inquiry-before-buying/758

Key participants holding major solar powered drone market share include Airbus (QinetiQ), Boeing Phantom Works, Google (Titan Aerospace), and Facebook (Ascenta). Other participants include AeroVironment/NASA, Lockheed Martin (Hale-D), Bye Engineering, and Atlantik Solar. Solar powered aviation has witnessed a steep rise in R&D expenditure in the last two years prior to 2015.

Collaborations, mergers, and acquisitions are expected to remain the primary focus for the key players to claim significant market presence over the forecast timeframe. For instance, Airbus and its subsidiary acquired Zephyr assets from QinetiQ, a British defense technology company in 2013. This strategy was significant for its futuristic scope as Zephyr had a track record of overcoming three world records in 2010.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

For more information on this press release visit: http://www.sbwire.com/press-releases/solar-powered-drones-market-by-key-vendors-airbus-qinetiq-boeing-phantom-works-google-titan-aerospace-facebook-and-other-companies-profiled-1091580.htm

Source: http://www.digitaljournal.com/pr/4041880

Inc. Magazine Taps Clean Energy Solutions as One of America"s Fastest Growing Companies

LOS ANGELES, Nov. 26, 2018 /PRNewswire/ -- California-based solar energy provider, Clean Energy Solutions, recently secured the #70 slot in Inc. Magazine"s 2018 list of the 500 fastest growing private companies in the US. As with most of the potential candidates in this year"s rankings, Clean Energy Solutions is quite young, having first launched in 2013. In the past 3 years, however, the company has maintained a growth rate of 4,331%.

At first glance, this type of growth makes perfect sense. The US solar industry has boomed over the past decade, with an estimated 2.5GW of new capacity brought online in just Q1 2018 alone. However, this rapid growth has also attracted an unprecedented amount of competition. This is especially true in California, which currently accounts for more than 33% of the country"s total installed solar capacity. As such, the state is one of the most saturated markets for solar installers – with an estimated 2,653 firms employing over 46,500 installers throughout the California.

When asked to explain his company"s success in recent years, CEO and founder, David Gomez, stated that:

"Our primary focus was always on quality – never speed. But we streamlined our operations using systems that let us onboard new customers faster and for a fraction of the cost."

Many of those systems were in place as early as 2015 – one year before solar component manufacturer, Sunnova, recognized Clean Energy Solutions as its fastest growing partner. At that time, the young company reported nearly 750% growth with Sunnova in a single year.

As part of Inc. Magazine"s 2018 rankings, Clean Energy Solutions also took away 3 additional honors, including the #3, #6, and #15 slots for fastest growing companies in Energy, Los Angeles, and California respectively.

"I don"t know how long we"ll be able to maintain this level of growth in the coming years," commented Gomez. "But if solar prices keep dropping and utility rates keep rising, we hope to make next year"s list of fastest growing companies too."

To learn more about Clean Energy Solutions" award-winning solar installation services for residential and commercial customers, visit: https://www.cleanenergysolar.org/.

About Clean Energy Solutions
Clean Energy Solutions is the #1 growing solar energy provider. We make clean energy available to homeowners, businesses, schools, non-profits and government organizations at a lower cost than what they pay for utility energy generated from the burning of fossil fuels like coal, oil, and natural gas.We"ve revolutionized the way energy is delivered by giving customers a cleaner and more affordable alternative.David Gomez can be reached at linkedin.com/in/david-gomez1/ or instagram.com/david.gomez_entrepreneur/

SOURCE Clean Energy Solutions

Source: https://markets.businessinsider.com/news/stocks/inc-magazine-taps-clean-energy-solutions-as-one-of-america-s-fastest-growing-companies-1027753376

New radome, solar panels spotted on Chinese-occupied reef

BEIJING — This is a look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple disputes over islands, coral reefs and lagoons in waters crucial for global commerce and rich in fish and potential oil and gas reserves.

PHOTOS POINT TO NEW CONSTRUCTION ON REEF HELD BY CHINA

The Washington-based Center for Strategic and International Studies, or CSIS, reported that China had installed a new platform on Bombay Reef, a remote undeveloped feature in the Chinese-controlled Paracel Islands in the South China Sea. Vietnam and Taiwan also claim the reef.

The platform appears to be topped with a radome and solar panels, and its strategic location makes it likely it is intended to extend China’s radar or signals intelligence collection in the area, the report said. Bombay Reef already has a lighthouse to serve as an aid to navigation.

Unlike China"s large man-made islands created by piling sand on top of coral reefs, installing the modestly sized Bombay Reef platform did not require inflicting major environmental damage, CSIS said. However, that illustrates how easily China could expand its footprint to other features such as Scarborough Shoal, which it seized from the Philippines in 2012, it added.

Compared to dredging and reclamation, the installation of a modest platform would be "harder to prevent at the time and more difficult to rally international condemnation against after the fact," the report said.

Chinese Foreign Ministry spokesman Geng Shuang said he had no information about the details of the report, while reasserting China’s right to carry out development on islands it claims.

CHINA’S XI GIVES 3-YEAR FRAMEWORK FOR TALKS ON ‘CODE OF CONDUCT’

Chinese President Xi Jinping said negotiations between Beijing and Southeast Asian nations on a nonaggression pact to prevent clashes in the South China Sea could be concluded in three years and promised that any differences will be dealt with peacefully.

Xi made the assurances after holding talks with President Rodrigo Duterte and other officials on a visit to the Philippines aimed at deepening relations with the American treaty ally.

Xi"s overnight visit to the Philippine capital, Manila, was his last stop on a three-nation swing through Asia, where he has offered infrastructure loans and aid and championed free trade amid a rivalry for regional influence with the United States.

"We will continue to manage contentious issues and promote maritime cooperation through friendly consultation," Xi said. He said China aims to conclude the talks on the "code of conduct" in the disputed waters with the Association of Southeast Asian Nations within three years.

Chinese President Xi Jinping, right, and Philippine President Rodrigo Duterte wave to the media following a welcome ceremony at Malacanang Palace in Manila, Philippines. During Xi’s visit the Philippines, the sides signed a Chinese President Xi Jinping, right, and Philippine President Rodrigo Duterte wave to the media following a welcome ceremony at Malacanang Palace in Manila, Philippines. During Xi’s visit the Philippines, the sides signed a
Chinese President Xi Jinping, right, and Philippine President Rodrigo Duterte wave to the media following a welcome ceremony at Malacanang Palace in Manila, Philippines. During Xi’s visit the Philippines, the sides signed a "memorandum of understanding on cooperation on oil and gas development," but officials provided few details. Ahead of Xi"s visit, China and the Philippines tried to negotiate an agreement allowing joint oil and gas exploration in the disputed waters. No consensus appeared to have been reached. (Bullit Marquez/AP)

CHINA, PHILIPPINES SIGN PACT ON GAS DEVELOPMENT

During Xi"s visit to the Philippines, the sides signed a "memorandum of understanding on cooperation on oil and gas development," but officials provided few details.

Ahead of Xi"s visit, China and the Philippines tried to negotiate an agreement allowing joint oil and gas exploration in the disputed waters. No consensus appeared to have been reached.

"It"s a cooperation to find ways to find a solution," Philippine Energy Secretary Alfonso Cusi said of the agreement signed during Xi"s visit.

Filipino nationalists have warned that any agreement that can undermine the Philippines" internationally recognized exclusive rights to fish and exploit resources within 200 nautical miles of the country"s coast would violate the Philippine constitution.

Beijing’s relations with Manila deteriorated over the territorial rifts until Duterte won the presidency in mid-2016 and sought to rebuild ties with China while criticizing U.S. security policies in a dramatic pivot. The administration of Duterte’s predecessor, Benigno Aquino III, had brought the territorial disputes with China to international arbitration and won, but China has ignored the outcome.

US CARRIER IN HONG KONG AFTER BOMBERS FLY OVER S. CHINA SEA

A U.S. aircraft carrier docked in Hong Kong last week, days after a pair of American B-52 bombers flew over the South China Sea.

The arrival of the Navy’s Ronald Reagan and its battle group in the Asian financial hub was seen as a friendly gesture ahead of a planned meeting later this month between President Donald Trump and Chinese leader Xi Jinping. That will mark the first time they’ve sat down together since the start of a bitter trade war and amid tensions over the South China Sea.

In late September, a Chinese destroyer came close to the guided-missile destroyer Decatur in the South China Sea in what the U.S. Navy called an “unsafe and unprofessional maneuver.”

Asked to comment on the incident, Rear Adm. Karl O. Thomas, commander of Carrier Strike Group 5, said the "vast majority of our interactions out there at sea are very professional."

"That was a rare, unusual occurrence," Thomas told reporters at a ship-board news conference. "It was unfortunate and I"d like to see that not happen again."

U.S. Pacific Air Forces said two B-52 bombers flew over the South China Sea earlier in the week, calling it a "routine training mission."

Associated Press writer Jim Gomez in Manila, Philippines, contributed to this report.


Source: https://www.navytimes.com/news/your-navy/2018/11/26/new-radome-solar-panels-spotted-on-chinese-occupied-reef/

Solar Hybrid Inverter Market Demand, Major Companies, Industry Chain, Size by Type, Forecast 2023



Solar Hybrid Inverter


Global Solar Hybrid Inverter Market covers definition, classification, industry value, price, cost and gross profit. It also covers types, enterprises and applications. To start with, analytical view to complete information of Solar Hybrid Inverter . It offers market view by regions with countries, development in Solar Hybrid Inverter industries, opportunity with challenges, sales strategies, growth strategies and revenue analysis to include price.


Overview of the Solar Hybrid Inverter Market


Solar hybrid inverters apart from converting direct current to alternate current can also store excess power while working in tandem with batteries. This type of inverters solves the issues related to renewable energy variability and unreliable grid structures., ,


Global Solar Hybrid Inverter Market Key Players:



  • Flin Energy, Luminous India, Microtek Inverters, Schneider Electric, Su-Kam Power Systems, Delta Energy Systems, EAST Group, KACO new energy, Pure Volt, Tabuchi Electric, Shanghai Sunvis New Energy, Voltronic Power Technology, SolaX Power, SolarEdge Technologies, Redback Technologies, Growatt New Energy Technology, GoodWe (Jiangsu) Power Supply Technology, Lavancha Renewable Energy, ,.


market for Solar Hybrid Inverter is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.


Get a Sample PDF Report @ http://www.360marketupdates.com/enquiry/request-sample/12788000


Major classifications are as follows:



  • Single-Phase Hybrid
  • Three-Phase Hybrid

Major applications are as follows:



  • Commercial
  • Residential

Scope of the Solar Hybrid Inverter Market Report: This report focuses on the Solar Hybrid Inverter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application., The commercial segment accounted for the major shares of the solar hybrid inverter market during 2017. Factors such as stringent government regulations that promote the use of energy management systems (EMS) and inverters with solar PV panels will promote the growth of this market segment. Moreover, additional financial aids provided by the government for the deployment of alternative sources of energy such as solar panels will also boost the growth of the solar hybrid inverter market., APAC held the major share of the solar hybrid inverter market during 2017. Factors such as the increase in the environmental concerns, the rising demand for energy, the growing population, and the improving standard of living, will augment the markets growth prospects in this region., The worldwide market for Solar Hybrid Inverter is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.


Region Segmentation:



  • North America (USA, Canada and Mexico)

  • Europe (Germany, France, UK, Russia and Italy)

  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

  • South America (Brazil, Argentina, Columbia etc.)

  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)


Report Coverage:



  • Solar Hybrid Inverter market report provides comprehensive analysis of the market with the help of up-to-date market opportunities, overview, outlook, challenges, trends, market dynamics, size and growth, competitive analysis, major competitors analysis.

  • Report recognizes the key drivers of growth and challenges of the key industry players. Also, evaluates the future impact of the propellants and limits on the market.

  • Uncovers potential demands in the market.

  • Solar Hybrid Inverter market report provides in-depth analysis for changing competitive dynamics

  • Provides information on the historical and current market size and the future potential of the market.


Have any special requirement on above Solar Hybrid Inverter market report? Ask to our Industry Expert @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12788000


Key questions answered in the report:



  • What will the market growth rate of Solar Hybrid Inverter market in 2023?

  • What are the key factors driving the global Solar Hybrid Inverter market?

  • Who are the key manufacturers in Solar Hybrid Inverter market space?

  • What are the market opportunities, market risk and market overview of the Solar Hybrid Inverter market?

  • What are sales, revenue, and price analysis by types and applications of Solar Hybrid Inverter market?

  • What are sales, revenue, and price analysis by regions of Solar Hybrid Inverter industry?


The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Solar Hybrid Inverter market in 2022 is also explained. Additionally, type wise and application wise consumption tables and figures of Solar Hybrid Inverter market are also given.


Source: https://leadingjournal.com/59791/solar-hybrid-inverter-market-demand-major-companies-industry-chain-size-by-type-forecast-2023/

Camper van from ModVans can sleep a family - Curbed

For many people aspiring to own a camper van, one of the greatest challenges is how the van can function as both a daily driver and a weekend getaway. It can be financially impractical to own a second or third vehicle, and the brilliance of a Class B van is that there’s the possibility that it can perform double duty. Love campers and trailers? Come join our new community group.


In reality, however, it’s hard to find a modular van that can sleep a family on vacation and still safely haul everyone to soccer practice during the week. California-based ModVans offers an innovative solution to this problem. We covered ModVans in the past when its signature camper van was in the design stage, and now the company has debuted a production model—called the CV1—that looks to capitalize on its initial success.

The big difference between ModVans and its competitors is that in order to fund its expansion, ModVans is selling stock via a regulation crowdfunding campaign. It’s a bit like a Kickstarter campaign, but instead of buying a product, investors purchase stock—or equity—in the company during an online public offering.


The minimum investment is $101.15, and your money goes toward helping ModVans expand production. Currently, the company has accrued approximately $2.4 million in sales and is producing two to four units per month. If the crowdfunding campaign is successful, ModVans hopes that by September 2019 they will be at approximately 10 units per month.


It’s an innovative way to raise money in a booming industry, and the first camper-focused regulation crowdfunding campaign we’ve heard of. Even if an investor doesn’t own a ModVans camper van, they become a stakeholder in the company’s future success.

Set up in “camp mode,” the second row of seats functions as a extra seating.
Courtesy of ModVans

What makes the ModVans camper unique? The CV1 functions as a camper van, passenger vehicle, and work truck in one. Removable, modular components let you change the layout with ease, and the CV1 uses the low-roof, medium-length Ford Transit chassis as its base.


When commuting, the CV1 includes a second row of seats—two captain’s chairs and a middle seat—to travel five with seat belts. In camp mode the seats are installed against the driver’s wall to maximize space; in transport mode they face forward for increased comfort.

Using automotive seats for safety does mean that the rear row can’t fold out into a bed. The CV1 still sleeps a family, however, thanks to a removable downstairs bed installed over the storage cabinets and an upper bed located in the pop-up top.


A compact kitchen area is stored in lightweight, removable cabinets that are bolted to the chassis with removable fasteners. Components include a two-burner propane stove, a deep undermount sink, and a high-efficiency refrigerator. If you’re camping for extended periods, the kitchen cabinet can be detached and used as an outdoor kitchen.


The van is powered by a battery system that features a 2,000-watt inverter and optional solar panels. Other amenities include a touchscreen stereo, GPS, rooftop air conditioning, propane heating system, and LED lighting. Beyond the standard features, ModVans also works with clients on upgrades like four-wheel drive, a 4G LTE cell booster, an outdoor shower, and a third row of seats.


Finally, for everyone wondering about toilet options—we know how camper enthusiasts feel about bathrooms—you’re in luck. A rear toilet closet includes a portable toilet and a privacy curtain that can be removed by sliding the toilet off of its mountain plate.


Between its innovative designs and bold crowdfunding campaign, ModVans is a company to watch. The CV1 has an MSRP of $85,000, and for a limited time ModVans is offering an introductory price of $75,000.


Overall, the ModVans CV1 is like a Swiss Army knife of camper vans, working overtime to fulfill the needs of a camping-focused family on the go. Head here for more info on investing or this way for a full list of features.

A compact kitchen area features all the basics. The cabinet can be removed with ease.
Courtesy of ModVans
Two sleeping areas—one up top and one down below—make it possible for a family to camp together.
Courtesy of ModVans
The upper pop-top bed area includes lots of windows for an airy feel.
Courtesy of ModVans
A rear view of the CV1 in camper mode.
Courtesy of ModVans
The privacy toilet closet is practical and compact.
Courtesy of ModVans
Unlike some pop-top campers, the CV1 can hold roof racks.
Courtesy of ModVans
The CV1 airing out on a sunny day.
Courtesy of ModVans
Source: https://www.curbed.com/2018/11/21/18056854/rv-for-sale-camper-van-conversion-vanlife-modvans

Linked group takes out top award

Linked Group Services announced today that they have been named Energy Efficient Project of the Year for The Linked Powerhouse complex in the 2018 Annual Master Electricians Australia National Awards for Excellence.

Linked Energy innovated and designed its own sustainable off-grid commercial complex – the Linked Powerhouse. The powerhouse consists of solar systems mounted on various buildings throughout the complex, including the new Linked solar carport, the Eco-port which features an EV charging station. The solar energy was fed to multiple inverters, producing AC power to feed the various site loads, back to a central location where it charges the Tesla Powerpack. This was one of the first implementations of a Tesla PowerPack in Australia, in an off-grid situation.

Master Electricians Australia chief executive officer Malcolm Richards said the awards recognised members of the electrical industry who most strongly reflected the organisation’s values of quality, safety, energy efficiency, innovation and the highest standard of service.

“We had 42 outstanding businesses on show in the national finals, and hundreds across the country who entered the state-level awards. These businesses are bringing out the best in the staff and providing the best possible service to their clients.” Malcolm Richards, CEO Master Electricians Australia

“We are very proud to receive a national award that recognises all of the hard work that our team have done in bringing the Linked Powerhouse solution to fruition. This gives us the opportunity to promote the reality that renewables are not only affordable but they can provide “fair dinkum power” throughout Australia.” Jason Sharam, MD Linked Group Services

The success of this award is a reflection of the company’s unwavering commitment to innovation and sustainable energy. It also demonstrates to the broader community that renewables can be more accessible to everyone.

Source: https://www.pv-magazine-australia.com/press-releases/linked-group-takes-out-top-award/

Solar Powered Drones Market by Key Vendors: Airbus (QinetiQ), Boeing Phantom Works, Google (Titan Aerospace ...

Solar Powered Drones Market size is expected to grow at over 15% CAGR over the forecast timeframe till 2024

This press release was orginally distributed by SBWire

Sellbyville, DE -- (SBWIRE) -- 11/26/2018 -- North America solar powered drone market share was the largest in 2015 owing to high adoption rates due to the extensive applications of military drones. Combat and surveillance operations in the critical war zones are projected to enhance growth prospects in the region. Initiatives undertaken by aviation regulatory authorities and government, such as EASA in Europe and FAA in the U.S., will drive the growth till 2024. Asia Pacific region is expected to be the major regional segment due to high investments by countries such as Japan, India, and China for military and commercial purposes.

Solar Powered Drones Market size is expected to grow at over 15% CAGR over the forecast timeframe till 2024. The rising adoption of UAVs by numerous end user industries and the development of efficient solar powered propulsion system are expected to drive the solar powered drones market.

Request for an in-depth table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/758

Technological advancements surfacing in hydrogen fuel cell, photovoltaic cell, and hybrid propulsion system used to generate energy may help in improving the endurance and flight range. This will assist in their penetration in the global market owing to their increased demands in civil and commercial application utilities to function on an autonomous power source.

Reliable and good quality internet connectivity has become a necessity around the globe, which is restricted only to the urban areas. Initiatives taken by network providers to connect with remote rural regions with best quality internet services and increase in the consumer base are expected to drive market growth. Such unmanned aerial vehicles also find major applications in mapping, disaster management, and surveillance.

Extensive applications for law enforcement activities to assist crime investigation are gaining prominence. It is used for accumulating evidence by capturing quality videos and images from over the crime scene without tampering the existing evidence. Also, it can be used for traffic management, accident inspection, and congestion analysis.

Severe government regulations prohibiting the adoption of these aerial vehicles are anticipated to restrain solar powered drones market size. Severe threats to public security and privacy norms are challenging the growth prospects. As these technologies have only recently established a foothold in the industry, lack of trained professionals and pilots to manage the functions is expected to pose major challenges to the growth.

UAV technologies were restricted for application only in the defense industry until 2013; however, trends in the last two years have witnessed participation of large aviation & tech-companies accompanied with small private industries in the solar powered drones market. Key participants are targeting advanced application enhancements in the machinery, such as HD imaging, communication networks, thermal imaging and exigency service support, for increasing the solar powered drone market share. Upcoming aerial vehicles have encapsulated photovoltaic cells on the wings to reduce the weight while maintaining the aerodynamic features to extend the flight range of UAVs.

On the basis of applications, the global solar powered drones market can be segmented into agriculture, energy, government & defense, telecommunication, and media & entertainment. The government and defense segment contributed a major share till 2015 owing to the major applications for surveying and mapping of regions. Regulatory amendments over the forecast timeframe are anticipated to propel the growth in the commercial sectors as well. Telecommunication, media, and commercial segments are expected to witness significant growth rates over the forecast timeline.

Make an inquiry for buying this report @
https://www.gminsights.com/inquiry-before-buying/758

Key participants holding major solar powered drone market share include Airbus (QinetiQ), Boeing Phantom Works, Google (Titan Aerospace), and Facebook (Ascenta). Other participants include AeroVironment/NASA, Lockheed Martin (Hale-D), Bye Engineering, and Atlantik Solar. Solar powered aviation has witnessed a steep rise in R&D expenditure in the last two years prior to 2015.

Collaborations, mergers, and acquisitions are expected to remain the primary focus for the key players to claim significant market presence over the forecast timeframe. For instance, Airbus and its subsidiary acquired Zephyr assets from QinetiQ, a British defense technology company in 2013. This strategy was significant for its futuristic scope as Zephyr had a track record of overcoming three world records in 2010.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

For more information on this press release visit: http://www.sbwire.com/press-releases/solar-powered-drones-market-by-key-vendors-airbus-qinetiq-boeing-phantom-works-google-titan-aerospace-facebook-and-other-companies-profiled-1091580.htm

Source: http://www.digitaljournal.com/pr/4041880