UAE & Saudi Arabia Renewable Drone

UAE & Saudi Arabia Renewable Drone

Renewable drones are unmanned aerial vehicles (UAVs) that are designed to monitor and inspect renewable energy infrastructure, such as solar and wind farms. These drones are equipped with sensors and cameras that can collect data on the performance of renewable energy systems, identify potential issues, and help operators optimize their operations. Renewable drones are becoming increasingly popular in the Middle East, particularly in Saudi Arabia and the United Arab Emirates (UAE), due to the net zero emissions goals. UAE targets 44% renewable energy by 2050, while Saudi Arabia is aiming for 50% by 2030.

The UAE & Saudi Arabia Renewable Drone Market is expected to grow at a strong CAGR of 28.6% during the forecast period (2023-2030). The increasing awareness about global warming and more solar and wind farms increasing the need of drones for maintenance. Furthermore, the growing adoption of drones can also be attributed to the reduction in inspection expenses. For instance, costs for the inspection of an onshore wind turbine can be reduced by 50% per turbine and the chimney flue inspections can also be performed with savings of up to 90%.

• Based on drone type, the renewable drone's market is segmented into multirotor and fixed wing. Fixed wing is expected to grow with a significant CAGR during the forecast period (2023-2030). The Fixed-wing segments drive growth in the renewable drone industry through their capabilities for comprehensive data collection and extended flight times. In August 2020, there has been a large increase in the use of uncrewed attack aircraft, or attack drones, in the Yemen conflict. In this conflict, the flight performance analysis of the samad attack drones operated by Houthi Armed Forces.
• Based on solutions, the market is segmented into the end-to-end solution and point solution. End-to-end solution held a significant share of the market in 2022. The end-to-end solutions are instrumental in propelling the growth of the renewable drone industry. By offering a seamless and all-encompassing approach to drone deployment, end-to-end solutions simplify the adoption of this technology for renewable energy applications. Furthermore, end-to-end solutions enhance safety by providing real-time monitoring capabilities, allowing operators to identify and address issues promptly.
• Based on end-user, the market is segmented into the solar and wind. Solar held a significant share of the market in 2022. The use of photovoltaic (PV) technology has made solar power a viable alternative for powering drones and other unmanned aircraft. The solar segment is driving the growth of the renewable drone market due to the increasing awareness about global warming and more solar and wind farms increasing the need of drones for maintenance. The records for solar efficiency currently stand at 29.1% for a single junction solar cell and 31.6% for a multi-junction solar cell.
• For a better understanding of the market adoption of the Renewable drone industry, the UAE & Saudi Arabia market is analyzed based on its worldwide presence in countries such as UAE, Saudi Arabia. The Saudi Arabia is expected to grow with a significant CAGR during the forecast period. Saudi Arabia has been actively investing in renewable energy initiatives, including the adoption of innovative technologies like drones. By 2030 Saudi Arabia plans to generate 50 percent of its electricity from renewables and the other half from gas, as per the International Trade Administration (.gov). The country's renewable drone industry has witnessed significant growth in recent years. This growth is Saudi Arabia's commitment to reducing its carbon footprint and diversifying its energy sources. The country has set ambitious targets to increase the share of renewables in its energy mix, and drones play a crucial role in achieving these goals. In addition, Saudi Arabia's strategic location, abundant sunlight, and strong winds make it an ideal place for harnessing renewable energy, and drones have become an integral part of maximizing the potential of these resources.
• Some of the major players operating in the market include Terra Drone, Strata Manufacturing PJSC, EDGE PJSC Group, Atlas Group, FEDS, SAMI Advanced Electronics, FalconViz, DRONE SOLUTIONS, Zain Drones, Skyspecs.