Global drone inspection and monitoring market size reached USD 9.80 Billion in 2021 and is expected to register a revenue CAGR of 15.8% during the forecast period, according to latest analysis by Emergen Research. Drone inspection methods are becoming increasingly popular over traditional approaches, which is one of the key factors driving market revenue growth. Current detection methods such as helicopter monitoring, scaffolding, and rope accessibility are time-consuming. However, drone inspection is both time and cost-effective. Consequently, drone inspection technology has received acceptance in a wide range of industries, including oil and gas, energy and utilities, and naval defense. Drone inspection technology has decreased the need for human operators and the risk connected with their lives. These benefits of drone inspection technologies have increased its popularity as compared to traditional approaches.
The latest research report by Emergen Research, named ‘Global Drone Inspection and Monitoring Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Drone Inspection and Monitoring Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Drone Inspection and Monitoring Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Drone Inspection and Monitoring Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Drone Inspection and Monitoring market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
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, and Israel Aerospace Industries
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Emergen Research has segmented the global Drone Inspection and Monitoring market on the basis of type, application, end-use, and region:
Solution Outlook (Revenue, USD Billion; 2019–2030)
Software
Services
Platform
Infrastructure
Technology Outlook (Revenue, USD Billion; 2019–2030)
Remotely Piloted
Optionally Piloted
Fully Autonomous
Type Outlook (Revenue, USD Billion; 2019–2030)
Fixed Wing
Multirotor
Hybrid
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Drone Inspection and Monitoring Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Drone Inspection and Monitoring Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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