Construction Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Construction Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global construction drone market size reached US$ 5,335 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 11,959 Million by 2028, exhibiting a growth rate (CAGR) of 15.5% during 2023-2028.

A construction drone is a remotely controlled aircraft equipped with a global positioning system (GPS) and downward-facing sensors, such as red, green, and blue (RGB), multispectral, thermal, and light detection and ranging (LiDAR). It helps gather accurate survey maps and aerial images of construction sites, materials, machinery, and people for detecting potential issues, which are not evident at ground level inspections. As it allows location referencing in real-time, the construction drone is increasingly being utilized by contractors, building planners, designers, academicians, engineers, and architects to improve construction activities for greater efficiency.

Construction Drone Market Trends:
The rising focus on infrastructure development represents one of the key factors propelling the growth of the market. Construction drones are employed in the construction sector for inspecting and maintaining pavements, highways, bridges, and buildings, monitoring damages and cracking, maintaining facades, and mapping historical monuments. They also find extensive applications in 3D modelling for building reconstruction and photogrammetric uses, such as volume measurement. Besides this, construction drones assist in making several improvements, such as increasing accuracy in reporting, improving safety conditions, reducing costs, and streamlining workflow. Apart from this, as they are operated remotely, construction drones can perform surveys in high-risk zones where casualties may occur. This, coupled with the increasing construction of high-rise and tall buildings on account of rapid urbanization, is driving the market. Moreover, conventional terrain surveys require the manual acquisition of multiple GPS points, which is time-consuming. However, construction drones aid in accelerating this process by capturing data in less time than conventional methods. This, along with rising technological advancements, is projected to create a positive outlook for the market in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global construction drone market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end user.

Breakup by Type:

Fixed Wing Drone
Rotary Wing Drone

Breakup by Application:

Surveying Land
Infrastructure Inspection
Security and Surveillance
Others

Breakup by End User:

Residential
Commercial
Industrial

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3d Robotics Inc., Aerialtronics, Delair, Dronedeploy Inc., Kespry Inc., Parrot Drone SAS, Precisionhawk Inc., Skydio Inc., SZ DJI Technology Co. Ltd. (iFlight Technology Company Limited), Teledyne Flir LLC (Teledyne Technologies) and Yuneec International Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global construction drone market in 2022?
2. What is the expected growth rate of the global construction drone market during 2023-2028?
3. What has been the impact of COVID-19 on the global construction drone market?
4. What are the key factors driving the global construction drone market?
5. What is the breakup of the global construction drone market based on the type?
6. What is the breakup of the global construction drone market based on the application?
7. What are the key regions in the global construction drone market?
8. Who are the key players/companies in the global construction drone market?