Drone Inspection & Monitoring Market worth $51.91 billion by 2030, growing at a CAGR of 18.15% - Exclusive Report by 360iResearch

The "Drone Inspection & Monitoring Market by Solution (Hardware, Services, Software), Drone Type (Fixed Wing, Hybrid, Multirotor), Inspection Type, Mode of Operation, Verticals - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Drone Inspection & Monitoring Market to grow from USD 16.15 billion in 2023 to USD 51.91 billion by 2030, at a CAGR of 18.15%.

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Drone inspection and monitoring are becoming valuable for gathering precise data swiftly and safely, leading to significant cost savings, more in-depth insights, and better decision-making. Numerous businesses use drone technology for visual inspection because it is reliable for inspecting at heights and inaccessible locations. Rising favorable government initiatives for drone inspection and increased use of drones as remote visual inspection (RVI) tools for critical infrastructure applications have fueled global demand. However, budgetary constraints for drone and the security risks of being hacked impedes their adoption among some users. Market players are making technological advancements in drones and drone systems for improved inspection & monitoring capabilities while maintaining their security to improve their utilization. The emergence of drone inspections in solar PV system commissioning and constant R&D activities concerning new application areas of drone inspection is expected to raise the adoption rate of drone inspection & monitoring systems.

The Americas region observes an advanced stage of the drone inspection & monitoring market, driven by well-established companies conducting R&D in exploring new technologies to improve inspection capabilities. AI, IoT, robotics, big data, and other technologies are integrated with inspection drones across various industries by emerging startups to obtain recognition in the market. The Asia-Pacific market is increasingly adopting drone inspections for monitoring their ever-growing manufacturing facilities. Governments in China, Japan, India, Indonesia, and South Korea have introduced initiatives to expand drone manufacturing, which creates a potential for new inspection service providers in the region. Europe has a wide range of drone production in Germany, Italy, and the UK and is expected to witness steady growth across all industries, owing to the region's shift to smart city development. The Middle East and Africa region has a high potential to deploy drone inspections in the oil & gas and mining sector.

Market Segmentation & Coverage:

This research report categorizes the Drone Inspection & Monitoring Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Solution, market is studied across Hardware, Services, and Software. The Hardware is projected to witness significant market share during forecast period.

Based on Drone Type, market is studied across Fixed Wing, Hybrid, and Multirotor. The Multirotor is projected to witness significant market share during forecast period.

Based on Inspection Type, market is studied across HazMat Drone Surveys, LiDAR Drone Inspections, Photogrammetry and Drone Mapping, Thermal Drone Inspections, Visual Drone Inspections, and Zoom Camera Drone Surveys. The Photogrammetry and Drone Mapping is projected to witness significant market share during forecast period.

Based on Mode of Operation, market is studied across Fully Autonomous, Optionally Piloted, and Remotely Piloted. The Fully Autonomous is projected to witness significant market share during forecast period.

Based on Verticals, market is studied across Agriculture, Construction & Infrastructure, Energy & Utilities, and Public Safety. The Construction & Infrastructure is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Drone Inspection & Monitoring Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Drone Inspection & Monitoring Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Drone Inspection & Monitoring Market, highlighting leading vendors and their innovative profiles. These include Aerialtronics DV B.V., Aerodyne Group, Aeromat creative labs Pvt. Ltd., AeroVironment, Inc., AgEagle Aerial Systems Inc., Airpix, Applus+, Azur Drones SAS, Censys Technologies Corporation, DJM Aerial Solutions Limited, Drone Services Canada Inc., DroneDeploy, Inc., Droneflight Ltd., Dronegenuity, Inc., ECA Group, Equinox's Drones Pvt Ltd., FEDS Drone-powered Solutions, Flyability SA, FlytBase, Inc., Force Technology, GarudaUAV Soft Solutions Pvt. Ltd. by Dorf Ketal Chemicals Pvt. Ltd., Guangzhou EHang Intelligent Technology Co. Ltd., HEMAV Technology, S.L., ideaForge Technology Pvt. Ltd., Intertek Group PLC, Israel Aerospace Industries, Kespry by Firmatek, LLC, Lockheed Martin Corporation, Maverick Inspection Ltd., mdGroup, MISTRAS Group, Northrop Grumman Corporation, Parrot Drones SAS, PrecisionHawk, Inc., Raptor Maps, Inc., Reliability Maintenance Solutions Ltd., Rencon Forestry Pty Ltd, RIEGL Laser Measurement Systems GmbH, Sky-Futures by ICR Integrity, Skydio, Inc., SZ DJI Technology Co., Ltd., Teledyne Technologies Incorporated, Terra Drone Corporation, The Boeing Company, thyssenkrupp AG, Uaviation by Harbinger Group, Viper Drones, Volatus Aerospace Corp., Wipro Limited, and Yuneec International Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Drone Inspection & Monitoring Market, by Solution
7. Drone Inspection & Monitoring Market, by Drone Type
8. Drone Inspection & Monitoring Market, by Inspection Type
9. Drone Inspection & Monitoring Market, by Mode of Operation
10. Drone Inspection & Monitoring Market, by Verticals
11. Americas Drone Inspection & Monitoring Market
12. Asia-Pacific Drone Inspection & Monitoring Market
13. Europe, Middle East & Africa Drone Inspection & Monitoring Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Drone Inspection & Monitoring Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Drone Inspection & Monitoring Market?
3. What is the competitive strategic window for opportunities in the Drone Inspection & Monitoring Market?
4. What are the technology trends and regulatory frameworks in the Drone Inspection & Monitoring Market?
5. What is the market share of the leading vendors in the Drone Inspection & Monitoring Market?
6. What modes and strategic moves are considered suitable for entering the Drone Inspection & Monitoring Market?

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