Construction Drone Market By Type (Rotary-Wing Drones, Fixed-Wing Drones), By Application (Land Surveying, Infrastructure Inspection, Security and surveillance, Others), By End-user (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032
Construction drone is a tool, which comes under the category of unmanned aerial vehicle (UAVs). Construction drones are increasingly being adopted in construction activities such as surveying, geographical mapping, and inspection of infrastructure, as they offer multiple benefits such as real-time data acquisition, accurate image capturing, and accessibility to hazardous areas. Moreover, they can be operated remotely or at the site of construction through remote and battery. Construction drones are used for security & surveillance of materials, people, and machinery at construction sites to ensure workplace safety and security. Operation of construction drone can be done manually or by using automation.
Rise in residential and nonresidential construction activities around the globe due exponential population growth and rapid urbanization has resulted in rise in need for land survey and infrastructure inspection. For instance, STRABAG, a construction company based in Austria, deployed DJI Phantom 4 RTK drone for survey of roads and pipelines. Thus, all these factors collectively are expected to drive the growth of the construction drone market during the forecast period.
In addition, real estate companies are using construction drones for filming and photography of construction sites, resorts, and vacant lands for the purpose of creating aerial maps & 3D models and marketing. This is expected to drive the growth of the construction drone market during the forecast period.
Many countries have made rules and regulations with respect to operations of drones for ensuring safety and privacy of people. For instance, the European Union Aviation Safety Agency (EASA) published the European regulations on drones to ensure their safe and secure operations in commercial and noncommercial applications. Thus, all these factors are anticipated to encourage the use of construction drones, thereby accelerating the growth of the market during the forecast period.
Design, development, and operation of construction drone require specialized skills; hence, lack of skilled manpower is expected to hider the growth of the construction drone market during the forecast period. In addition, construction drone is a complicated assembly of camera, battery, remote control, propeller, and GPS antenna. These components are expensive, and the prices fluctuate frequently, thereby negatively impacting the profit margin of manufacturers. This is expected to hamper the growth of the construction drone market during the forecast period.
Advanced technologies such as global navigation satellite systems (GNSS), global positioning system (GPS), geographical information system (GIS), Internet of Things (IoT), thermal imaging, and artificial intelligence (AI) are increasingly being integrated in drones. This is expected to boost the growth of the construction drone market during the forecast period.
Key players in the construction drone market are continuously making efforts to improve their product offerings to cater to dynamic requirements of the industry.The construction drone market is segmented into type, application, end user, and region. Depending on type, the market is fragmented into fixed wing drone and rotary wing drone. On the basis of application, it is differentiated into surveying lands, infrastructure inspection, security & surveillance, and others. By end user, it is divided into residential, commercial, and industrial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition AnalysisThe major market participants profiled in this report include 3D Robotics, Inc., AeroVironment, Inc., DJI, FLIR Systems, Inc., Insitu, Inc., Leptron Unmanned Aircraft Systems, Inc., Parrot Drones, PrecisionHawk, Trimble Inc., and Yuneec International Co. Ltd. Acquisition, partnership, and product launch are the key strategies being adopted by the major players to remain competitive in the market.
Key Benefits for StakeholdersThe report provides an extensive analysis of the current and emerging construction drone market trends and dynamics.
In-depth construction drone market analysis is conducted by constructing market estimations for the key market segments between 2023 and 2032.
Extensive analysis of the construction drone market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global construction drone market forecast analysis from 2024 to 2032 is included in the report.
The key players within the construction drone market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the construction drone industry.
Key Market SegmentsBy TypeRotary-Wing Drones
Fixed-Wing Drones
By ApplicationLand Surveying
Infrastructure Inspection
Security and surveillance
Others
By End-userResidential
Commercial
Industrial
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players3D Robotics, Inc.
DJI
FLIR Systems, Inc.
PARROT DRONES
PRECISIONHAWK, INC
Trimble, Inc.
Wingtra AG
YUNEEC INTERNATIONAL CO., LTD.