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2021
Inspection Drones Market

Inspection Drones Market by Component (Mainframe, Brushless Motors & ESC, Transmitters & Receivers, and Flight Controllers), by Application (Oil and gas pipeline Inspection, Solar panel, Power Line & Windmill Inspection, Critical Infrastructure Inspection, Railways, Roadways, &Bridge Inspection, and Border Security), by End-user (Oil, gas, & petroleum, Energy & Utilities, Military & Defense, Mining & construction, and Transportation), and by Distribution Channel )): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Dec 2021 | 1366 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Inspection Drones Market Outlook - 2027

The drone is an unmanned aerial vehicle with sensors, GPS, and an embedded system, which is used for aerial surveillance and inspection by providing a bird-eye view. In the military, oil and gas business, insuring business, agriculture, and development field Drone-based surveillance is strongly preferred.Government agencies began using disaster relief inspection drones, wildfire combat, and border surveillance, whereas farmers began to use drones to inspect pipelines and spray pesticides on agriculture farms. Drone inspection is currently the favorite method in a large number of industries for visual inspections. They are considered much safer and accurate, unlike the regular visual surveys.

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD)

Segments covered

Component, application, end-user and distribution channel

Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and The Middle East and Africa

Companies covered

3D Robotics, Acecore Technologies, AeroVironment, Airobotics Ltd., Aeryon Skyranger, Intel Corporation, Lockheed Martin, SZ DJI Technology Co., Yuneec International, Delair Aerial Intelligence, and AltiGator.

 

COVID-19 Scenario Analysis:

  • Drones are now important instruments for countering Covid-19 in countries where it is used to track public activities, maintain social distancing, spray disinfectants over villages, control of freight, and more.
  • Therefore, the various drone applications along with data collected need to be analyzed to serve the intended application and are thereby going to play an important role in the analytics market development.
  • Tech firms are stepping up their emphasis on high-demand innovations and finding new ways to support their consumers, even as the COVID-19 crisis poses problems across sectors and leads to a decline in high technology investment.
  • Defense has a comprehensive UAV-based surveillance network in tandem with highly trained pilots and these facilities can be placed at the disposal of local authorities to track the situation of law and order up to the district level, to tackle situations related to national security during such pandemics when the nation is under lockdown.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Drones are used in mapping, imaging, farm surveillance, tracking, search and rescue, shipping and distribution, engineering, and many more. The military and defense environment have used drones for border protection purposes for many years. Besides, for economic and human welfare, many commercial areas are now using inspection drones, such as construction and transportation industries. Critical infrastructure such as city bridges will require periodic inspections, which have to be protected from cracks, rust, or other damage in most countries. Besides, drones are versatile, cost-effective, and can perform tasks that have proved to be unsafe for humans to perform. However, drone-based inspection, which is still a new and evolving idea, will take some time before it is widely adopted. Furthermore, drone and drone analytics need robust infrastructure, and numerous countries are not prepared to make this progress particularly in emerging economies.

The global inspection drones market trends are as follows:

New product launches to flourish the market

Dedrone confirmed the acquisition of DroneDefender from Battelle, in October 2019. This acquisition launches Dedrone Defense, a new company specializing in services and technologies for the U.S. government agencies like the Defense Department. Dedrone 's anti-sUAS platform is a complete system solution for collecting and aggregating information on drone activity through sensors. The data is analyzed automatically by DroneTracker software, which recognizes and categorizes radio frequencies, WiFi and non-WiFi sUAS, and transmits data to control centers. This can also be used to automatically trigger alerts and countermeasures.

Also, Skyqraft, a startup that uses AI and electricity line inspection drones, raised $505 K in an early backing in 2020. Skyqraft was founded in March 2019 and launched in September. Combined with AI, it provides inspections using unmanned aircraft to collect images and automatically detect risk.

Extensive R&D and partnerships for expansion along with increasing adoption in thermal imaging

Computer programming, AI, remote control, and semiconductors and electronics are some fields of science and technology which are commonly used in inspection drone manufacturing and operations. The high degree of manufacturing and operational complexities involved in the market for inspection drones reinforces technological collaborations between market players. There is also a vast scope for collaboration between inspection drones market players for the exchange of scientific and technological knowledge. As such, extensive R&D is likely to become an unavoidable business strategy for stakeholders to maintain their lead in the market for inspection drones. Furthermore, in cases requiring thermal images, an inspection drone may be used for surveillance. With a drone with a thermal camera, the firefighter will take pictures of the situation and find people needing a restoration. This can improve operational efficiency and mitigate risks. Major drone producers are currently implementing pilot projects on drones.

Segments

Sub-segments

Component

  • Mainframe
  • Brushless Motors and ESC
  • Transmitters and receivers
  • Flight controllers

Application

  • Oil and gas pipeline inspection
  • Solar panel
  • Power line and windmill inspection
  • Critical infrastructure inspection
  • Railways, roadways, and bridge inspection
  • Border security

End user

  • Oil, gas, and petroleum
  • Energy and utilities
  • Military and defense
  • Mining and construction
  • Transportation

Distributionchannel

  • Online
  • Offline

 

Key benefits of the report:

  • This study presents the analytical depiction of the global inspection drones industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global inspection drones market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the inspection drones market research report:

  • What are the leading market players active in the inspection drones market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the inspection drones market?
  • What are the projections for the future that would help in taking further strategic steps?

 

 

 
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