Press release
Drones for Energy Industry: Market Will Witness Substantial Growth in the Upcoming years by 2025 | Cyberhawk Innovations (UK), Draganfly Innovations (Canada), ING Robotic Aviation (Canada)
Global market research firm Report Ocean is delighted to announce its new report on the Drones for Energy Industry: Market, forecast for 2025. This report covers all aspects of the market and provides data on current trends.This report provides detailed information about the structure and business outlook of global and regional industries. In addition, the study includes important information on research and development, new product launches, product responses, and regional growth of the leading players in the market on a global and local level. The structured analysis includes a graphical and diagrammatic representation of the global Drones for Energy Industry: Market with specific geographical regions.
Global demand for drones in energy industry will reach a cumulative market value of $4.47 bn for 2017-2025 including sales of UAV hardware, software, and service spending. This represents a strong and continued growth with two-digit CAGRs in terms of sales revenue as well as annual shipment of drones for oil & gas, electric grids, power utilities and other energy infrastructures.
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The global Drones for Energy Industry: Market market research examines the factors responsible for its growth. The report identifies trends, influencing factors, and restraints that affect the market favorably or unfavorably. A section on the market also discusses various segments and applications that could impact the market in the future. It contains detailed information about the latest trends and previous milestones.
The Drones for Energy Industry: Market report provides a comprehensive overview of the worldwide market by presenting future developments, business opportunities, upcoming events, and future plans. In addition, the report includes information on the top companies, their marketing strategies, company profiles, the most recent developments, distribution channels, product portfolios, and marketing strategies. Moreover, the report provides an in-depth analysis of different parameters, including direct and indirect competition, strength and weaknesses of major competitors, value, business distribution, income, and obstacles, in order for the customer to better evaluate their competitors.
Impact Analysis of COVID-19:
• Global Drones for Energy Industry: Market, the experts, have examined the effects of COVID-19 and its aftermath.
• The WHO declared an emergency after discovering new strains of Covid-19 in different countries. A Coronavirus outbreak is already negatively impacting the global Drones for Energy Industry: Market, and it will have a heavy impact in the future.
• Following the outbreak, the country encountered a number of changes, including travel bans, quarantines, flight cancellations, restrictions on indoor events, restaurant closures, business closures, a decrease in business confidence, fluctuating stock prices, and an increase in panic among residents.
• A comparative analysis of the global financial and economic crisis outlines both its advantages and its disadvantages.
• The market has managed to maintain a positive outlook despite the severe recession that hit it. An array of funding options are emerging as the global market tries to sustain itself with regional platforms.
Regional Insights:
The report analyzes the global Drones for Energy Industry: Market geographically. Also included is an evaluation of the top vendors in the Drones for Energy Industry: Market. On a regional and global basis, the report analyses the competitive landscape of the top players in the industry. The report discusses key developments in the Drones for Energy Industry: Market, fundamental growth trends for each segment, and strategic planning for companies preparing for international competition.
Leading Competitors:
The leading prominent companies profiled in the global Drones for Energy Industry: Market are:
Aerovel Corporation (USA)
AeroVironment, Inc. (US)
Altavian (USA)
Ascending Technologies GmbH (Germany)
BAE Systems (UK)
Cyberhawk Innovations (UK)
Draganfly Innovations (Canada)
ING Robotic Aviation (Canada)
Insitu (USA)
Lockheed Martin (US)
Leonardo-Finmeccanica (Italy)
Northrop Grumman Corporation (US)
PrecisionHawk (US)
Proxy Technologies (US)
Sky-Futures (UK)
Textron (US)
VDOS (USA)
Scope of the Report:
The global Drones for Energy Industry: Market segmentation focuses on:
Based on industrial vertical:
Oil & Gas
Power and Utility
Clean Energy and Others
As the major segment in energy industry, oil & gas sector has been using the majority of overall energy-industry UAVs. The oil & gas drones market is studied with sales revenue provided for each sub-segment covering 2014-2025 duration, according to the following classifications:
By end-user:
Rigs
Pipelines
Others
By application:
Inspection
Spill and Leak Response
Security and Surveillance
On basis of UAV frame type:
Fixed Wing Drones
Rotary Blade Drones
Nano Drones
Hybrid Drones
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About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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