Drone Surveillance Market for Energy Industry: Drone Surveillance Mitigates Risks Prevalent in the Industry

At the time when industries are looking to embrace Artificial Intelligence, Internet of Things and machine learning, the uptake of drone surveillance in energy industry has been significant. Drones are used to assess the situation of assets such as power plants, rigs, wind turbines, pipelines and solar panels. These insights are according to the report titled “Drone Surveillance Market for Energy Industry Global Industry Analysis Size Share Growth Trends and Forecast 2018 2026,”which has been recently added to the repository of Market Research Hub. The drone surveillance market is estimated to grow at the CAGR of 20.8% during the forecast period.

The energy sector is in the midst of transition and the prominent players in the energy sector have realized the prominence of drone surveillance. Some of the predominant players are Azure Drones SAS, Aerodyne Group, Market Aviation and Cyber hawk Innovations limited, to name a few. The increase in the use of drones in security, offshore oil, aerial photography, and logistics coupled with the augmentation of miniaturization and carbon fiber has propelled the demand of drone surveillance in the industry. However, rigid regulations along with soaring cost associated with the installation are holding back the surveillance drone market.

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Drone Surveillance Market for Energy Industry: Report Synopsis

The study of this report gives a coherent analysis on the drone surveillance market for energy industry. Furthermore, the report gives an in-depth analysis with regards to market size— production, value, consumption and exports. Essentially, the report peruses major drivers, restraints, trends, predominant players in the market and product categories along with market estimation. The study gives an overview of the global surveillance market for the energy industry through segmentation on the basis of application, types and region. On the basis of application, the market is fragmented into offshore platform inspection, pipeline monitoring and inspection, power plant inspection, solar panel inspection, wind turbine inspection and inspection of power distribution lines, to name a few. With regards to types, market is segmented into multirotor, fixed wing and hybrid. With respect to region, segmentation of drone surveillance for the energy industry embodies current and projected demand in North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Besides, the report incorporates the value chain analysis along with the inclusion of Porter’s Five Forces model providing readers with a thorough view of the global drone surveillance market.

The report starts with the executive summary which highlights market size in terms of revenue, market value and production. In addition, an exhaustive analysis of the competitive landscape highlights profiles of eminent players in the global market space. Moreover, the report also assesses the strategic moves, areas of interest, and developments undertaken by major players in the market.

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Drone Surveillance Market for Energy Industry: Research Methodology

A robust research methodology has been adapted for this report through the secondary and primary research. Secondary research has been validated and backed up by primary interviews. In order to provide readers with unbiased and authentic report, the data collected has to pass the authentication and validation from a panel of expert.

Market numbers have been projected based on application and type of drone surveillance for the energy industry. 

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