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Drone Inspection And Monitoring Market Research, Size, Share, Analysis, Recent Trends and Growth Forecast 2032
The Business Research Company's Drone Inspection And Monitoring Global Market Report 2023 identifies the increase in number of installations of new wind turbines is expected to propel the growth of the drone inspection and monitoring market going forward. A wind turbine is a device that produces electricity by using the kinetic energy of the wind. Drones are used to inspect wind turbine blades and help to extend the life of wind turbine installations by reducing safety hazards, hired manpower, and costs.The global drone inspection and monitoring market size grew from $10.21 billion in 2022 to $11.89 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone inspection and monitoring market size is expected to grow to $22.53 billion in 2027 at a CAGR of 17.3%.
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Major players in the drone inspection and monitoring market are Lockheed Martin Group, Aerovironment Inc., Sky Futures Partners, Teledyne Flir LLc, Israel Aerospace Industries, BAE Systems PLC, Parrot SA, Northrop Grumman Corporation, 3D Robotics, Aerialtronics DV, EHang, IdeaForge, Insitu Inc., Sensefly Ltd., Skydio, and Yuneec.
Technological advancements are a key trend gaining popularity in the Drone Inspection And Monitoring market. Major companies operating in the market are developing advanced technologies and software to sustain their position in the market. For instance, in February 2022, Radisys Corporation, a US-based company that provides open telecom solutions, launched the Connect RAN Drone Inspection And Monitoring software stack, which provides an exhaustive list of 5G RAN technology. Connect radio access network (RAN) software for Drone Inspection And Monitoring includes unique features such as technologies for a wide range of IoT use cases, metering and asset tracking, ultra-low latency, time-sensitive industrial deployments, video surveillance, and wearable deployments. With less initial CAPEX investment, Radisys' Connect RAN Drone Inspection And Monitoring software provides a quick time-to-market for new use cases.
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https://www.thebusinessresearchcompany.com/report/5g-iot-global-market-report
The Drone Inspection And Monitoring market is segmented -
1) By Component: Solution, Hardware, Software and Platform, Services
2) By Network Type: 5G Standalone (SA), 5G Non-Standalone (NSA)
3) By Enterprise Size: Large Enterprises, Small and Medium Enterprises
4) By End User: Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Supply Chain and Logistics, Government and Public Safety, Agriculture, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drone Inspection And Monitoring market.
The Business Research Company's "Global Drone Inspection And Monitoring Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Drone Inspection And Monitoring Market Include:
1. Executive Summary
2. Drone Inspection And Monitoring Market Characteristics
3. Drone Inspection And Monitoring Market Trends And Strategies
4. Drone Inspection And Monitoring Market - Macro Economic Scenario
5. Drone Inspection And Monitoring Market Size And Growth
.....
26. Africa Drone Inspection And Monitoring Market
27. Drone Inspection And Monitoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drone Inspection And Monitoring Market
29. Drone Inspection And Monitoring Market Future Outlook and Potential Analysis
30. Appendix
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