Drone Inspection and Monitoring Market Size & Insights
The Global Drone Inspection and Monitoring Market size was valued at around USD 10.5 billion in 2022 & is estimated to grow at a CAGR of about 11.32% during the forecast period, i.e., 2023-28. The industry is poised to upscale, owing to the heighten deployment of drones by several of the enterprises & sectors for inspecting, monitoring, assessing, analyzing the data or structure & prepare reports sitting at one place without any movement as well as plan & perform any operation by taking all the required information via drones. It is very important for the companies to have the update of all their resources, hence the surging adoption of drones for the remote inspection of areas, structures, etc., & to collect time to time information & data is increasing the demand for drone Inspection and Monitoring across the globe.
What are the Key Driver in the Drone Inspection and Monitoring Market??
Soaring Adoption of RVI (Remote Visual Inspection) Drones for Infrastructure to Fuel the Market Growth – The increasing proliferation of Remote Visual Inspection (RVI) drones for infrastructure-related applications is driving the Global Drone Inspection and Monitoring Market. RVI drones, which are outfitted with high-resolution cameras & advanced sensors, provide efficient & cost-effective solutions for assessing infrastructures, such as bridges, buildings, pipelines, and electricity lines. They offer a distinct edge in examining infrastructure assets by providing a thorough & explicit visual examination from aerial views.
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What are the Key Segments in the Drone Inspection and Monitoring Market?
The Drone Inspection and Monitoring is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
- Fixed Wing
- Multirotor
- Hybrid
Multirotor segment is the most potential type in the Global Drone Inspection and Monitoring Market & is estimated to be one of the dominating type during the forecast period as well.
By Solution
- Software
- Services
- Platform
- Infrastructure
Software solutions is presumed to grab a strong foothold in the Global Drone Inspection and Monitoring Market as it helps in enhancing the user’s flight experience & photo editing or taking experience.
By Technology
- Remotely Piloted
- Optionally Piloted
- Fully Autonomous
By End User
- Agriculture
- Construction & Infrastructure
- Oil & Gas
- Mining
- Utilities
- Others
How does geographical analysis highlight in the Drone Inspection and Monitoring market?
By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East & Africa.
Asia-Pacific is presumed to account for the highest share of the Global Drone Inspection and Monitoring Market during the forthcoming period.
Who are the Key Players in Drone Inspection and Monitoring Market?
- Aerodyne Group
- SZ DJI Technology Co. Ltd
- AeroVironment, Inc
- Sky Futures Partner Ltd
- Lockheed Martin Corporation
- BAE Systems PLC
- Qualcomm Technologies Inc
- AgEagle Aerial Systems Inc
- Teledyne FLIR LLC
- Israel Aerospace Industries
- Parrot Drone SAS
- Skydio
- Precision Hawk
- ECA Group
- Airealtronics
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