Comprehensive Research Report on Global Drone Inspection and Monitoring Market Analysis, Growth Forecast 2023-2028
MarkNtel Advisors, one of the leading market research firms, has come up with its latest report, titled Global Drone Inspection and Monitoring Market . The analysts meticulously assessed the collected material, employing a blend of primary and secondary research activities to extract valuable 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.
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Market Driver:
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.
Market Segmentation
The report’s key sections have undergone thorough scrutiny by industry experts, who explored the aforementioned categories and sub-segments. Profitability and growth potential of the Drone Inspection and Monitoring industry were investigated in detail. This research section also provides sales and revenue projections for 2023-2028 based on factors such as price, sales, and revenue.
The Global Drone Inspection and Monitoring Market is segmented as follows:
By Type
-Fixed Wing- Market Size & Forecast 2018-2028, (USD Million)
-Multirotor- Market Size & Forecast 2018-2028, (USD Million)
-Hybrid- Market Size & Forecast 2018-2028, (USD Million)
By Solution
-Software- Market Size & Forecast 2018-2028, (USD Million)
-Services- Market Size & Forecast 2018-2028, (USD Million)
-Platform- Market Size & Forecast 2018-2028, (USD Million)
-Infrastructure- Market Size & Forecast 2018-2028, (USD Million)
By Technology
-Remotely Piloted- Market Size & Forecast 2018-2028, (USD Million)
-Optionally Piloted – Market Size & Forecast 2018-2028, (USD Million)
-Fully Autonomous- Market Size & Forecast 2018-2028, (USD Million)
By End User
-Agriculture- Market Size & Forecast 2018-2028, (USD Million)
-Construction & Infrastructure- Market Size & Forecast 2018-2028, (USD Million)
-Oil & Gas- Market Size & Forecast 2018-2028, (USD Million)
-Mining- Market Size & Forecast 2018-2028, (USD Million)
-Utilities- Market Size & Forecast 2018-2028, (USD Million)
-Others – Market Size & Forecast 2018-2028, (USD Million)
Geographically, the Global Drone Inspection and Monitoring Market extends across the following regions:
By Region
-North America
-South America
-Europe
-Asia-Pacific
-The Middle East & Africa
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Analysis of Growth Drivers & Restraints:
The Global Drone Inspection and Monitoring Research delves into the factors propelling and impeding market growth, presenting an overview of emerging trends in corporate strategies, procedures, and the adoption of financially prudent, long-term approaches. The market study encompasses crucial details such as industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, technology sources, key players, segmentation, applications, and regional analysis.
- Aerodyne Group
- SZ DJI Technology Co. Ltd
- AeroVironment
- 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
- Others
Key Questions Addressed in this Report:
- Who are the primary stakeholders in the supply chain, and what are the interconnections among them?
- What plans and initiatives are in place among existing market participants to establish a presence in the Drone Inspection and Monitoring market?
- Which segment currently leads in the Drone Inspection and Monitoring market, and which category is poised to take the lead in the future?
- What factors are anticipated to drive demand for Drone Inspection and Monitoring during the forecast period?
- Which country is expected to dominate the market during the forecast period?
- What are the main obstacles to the expansion of the Drone Inspection and Monitoring market?
- What are the primary opportunities that leading companies identify in the business?
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