Drone Inspection and Monitoring Market Share, Size, Trends, Industry Analysis Report, By Application (Construction & Infrastructure, Agriculture, Utilities, Oil & Gas, Mining, Others); By Solution; By Type; By Mode of Operation; By Region; Segment Forecast, 2022 - 2030
The global drone inspection and monitoring market size is expected t-reach USD 33.14 billion by 2030 according t-a new study by Polaris Market Research. The report “Drone Inspection and Monitoring Market Share, Size, Trends, Industry Analysis Report, By Application (Construction & Infrastructure, Agriculture, Utilities, Oil & Gas, Mining, Others); By Solution; By Type; By Mode of Operation; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.
The key factors responsible for the market growth include new technologies such as sense and avoid systems and cloud computing integrated int-drones. For instance, in September 2021, MMC launched its “FeitianCloud” series of products and services. “Feitian” was created t-serve not only government agencies and businesses but als-individual UAV users. MMC will continue t-provide all customers worldwide with the most up-to-date UAV-based cloud computing, big data, and AI technologies.
Based on the application, the construction & infrastructure segment accounted for the leading share in the market in 2021. The widespread use of the equipment has transformed the construction industry’s operational processes. They are increasingly being utilized t-conduct visual inspections and monitoring of high-density areas on construction projects. Its ability of monitoring and capture real-time data increases on-site communication and management efficiency.
Designers and surveyors can utilize the technology for the inspection of high-rise structures and visualize project progress through aerial photography. They als-give site managers an overview of prospective concerns and make important decision-making easier t-streamline building site operations.These winged gadgets compactly present complete and valuable results because of their speed and agility. The equipment with sensors and cameras are currently demonstrating their value in collecting real-time footage that can be recorded and analyzed afterward.
Compared t-traditional approaches, uncrewed aerial systems can find failing structures and equipment in less time and at a lower cost. Innovative technologies such as machine learning and laser are expanding the spectrum of application of these inspection and monitoring drones, allowing them t-be equipped with the tools they need t-d-certain jobs throughout the inspection and monitoring. This new capacity presents opportunities for manufacturers t-expand their market share.
Market players such as Insitu, Aerialtronics, DJI, 3D Robotics, Dronegenuity, ECA Group, EHang, Ideaforge, Teledyne Flir LLC, Yunnec, Northrop Grumman Corporation, Parrot SAS, Sensefly Ltd., Skydio, Intel Corporation, and Lockheed Martin are some key players operating in the global market. The players in the marketplace are focusing on improved products with innovative features. In November 2021, DJI unveiled the Mavic 3 Cine drones, the most significant featuring improved sensors, a 46-minute battery life, and enhanced Return t-Home (RTH) technology.
Polaris Market Research has segmented the drone inspection and monitoring market report based on solution, application, type, mode of operation, and region:
Drone Inspection and Monitoring, Solution Outlook (Revenue – USD Billion, 2018 – 2030)
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