Surveillance Drone Market is Expected to Progress at a CAGR of 14.4% by 2033

The global surveillance drone industry has reached a valuation of US$ 5,512.1 million in 2023 and is expected to progress at a CAGR of 14.4% to reach US$ 21,163.2 million by the end of 2033.

In 2023, the global drone market is estimated to be valued around US$ 33.9 billion, while the drone market is projected to grow at 17.6% CAGR. Surveillance drone is gaining higher traction from commercial and military end use for revenue generation, wherein sales of surveillance drone accounted for nearly 16% share of the global drone market at the end of 2022.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=7915?PJ

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Prominent surveillance drone manufacturers are Aerodyne Group, Aesthetix Global, Airobotics Ltd., Azure Drone SAS, BAE Systems Inc., Cyberhawk Innovations Ltd., Martek Aviation, Mistras Group, Percepto, Avitas Systems Inc., Sky-Futures Ltd., Sphere Drone, Tera Drone Corp., Viper Drones.
As there are so many major players in the energy and power drone surveillance market, which operate globally as well as in regional markets, while highly lucrative market opportunities is leading to new entrant in the industry. Owing to which the competitive scenario for surveillance drones is highly fragmented.

These players are committed to offering a wide range of affordable services and solutions to oil and gas companies. Key market players are also able to maintain a sizeable market share due to elements like strategic acquisitions, a focus on boosting simulation and training services, and increased investment in R&D activities.

Fact.MR has provided detailed information about the price points of key manufacturers of surveillance drone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

"𝐑𝐢𝐬𝐢𝐧𝐠 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐄𝐥𝐞𝐯𝐚𝐭𝐞 𝐭𝐡𝐞 𝐒𝐮𝐫𝐯𝐞𝐢𝐥𝐥𝐚𝐧𝐜𝐞 𝐃𝐫𝐨𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡"

Drone used for asset management and infrastructure inspections has recently increased due to factors such as how affordable drone services are, how simple they are to operate in remote areas, how accurately thermal imaging cameras can capture images, and how machine learning (ML) techniques can be used to analyze data and make predictions.

Drone-collected market information can be used to spot and anticipate flaws like structural corrosion, coating failures, and other structural damage. Since oil rigs need to be regularly checked in order to increase performance and safety, the oil and gas industry primarily concentrates on inspection and monitoring of oil platforms.

The numerous benefits that drone inspection has over conventional helicopter inspection techniques are also encouraging adoption in a variety of applications. As a result, the surveillance drone market is expected to grow 3.8x in 2023.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• Aerodyne Group
• Aesthetix Global
• Airobotics Ltd.
• Azure Drone SAS
• BAE Systems Inc.
• Cyberhawk Innovations Ltd.
• Martek Aviation
• Mistras Group
• Percepto
• Avitas Systems Inc.
• Sky-Futures Ltd.
• Sphere Drone

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐮𝐫𝐯𝐞𝐢𝐥𝐥𝐚𝐧𝐜𝐞 𝐃𝐫𝐨𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Type :
• Fixed Wing Drone
• Multi-Rotor Drone
• Hybrid Drone

• By Range :
• Visual Line of Sight (VLOS)
• Extended Visual Line of Sight (EVLOS)
• Beyond Line of Sight (BLOS)

• By Mode of Operation :
• Remotely Piloted
• Optionally Piloted
• Fully autonomous

• By Application :
• Pipeline Monitoring and Inspection
• Offshore Platform Inspection
• Wind Turbine Inspection
• Solar Panel Inspection
• Power Plant Inspection
• Others

• Surveillance drone Market by Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East and Africa (MEA)

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=7915?PJ

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This release was published on openPR.