openPR Logo
Press release

Inspection Drone Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Lockheed Martin Corporation, Yamaha Motor Corp, Drone Volt SA, Wipro Limited

05-22-2024 02:11 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Inspection Drone Global Market Report 2024

Inspection Drone Global Market Report 2024

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Inspection Drone Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $18.94 billion In 2028 At A CAGR Of 17.5% :

The inspection drone market size has grown rapidly in recent years. It will grow from $8.44 billion in 2023 to $9.94 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to the increasing complexity of infrastructure, advancements in battery technology, demand for safer inspection methods, regulatory framework development, the rise of Industry 4.0.

The inspection drone market size is expected to see rapid growth in the next few years. It will grow to $18.94 billion in 2028 at a compound annual growth rate (CAGR) of 17.5%. The growth in the forecast period can be attributed to advancements in AI and machine learning, rapid development of edge computing, customized solutions for vertical industries, collaboration with robotics and automation, security and counter-drone technologies. Major trends in the forecast period include increased automation, regulatory developments, improved sensors, enhanced data analytics, technological advancement.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=14123&type=smp

Inspection Drone Market Major Segments
The inspection drone market covered in this report is segmented -

1) By Type: Fixed Wing, Rotary Wing, Hybrid
2) By Component: Mainframe, Brushless Motors and ESC, Transmitter and Receiver, Flight Controller, Other Components
3) By Sales Channel: Online, Offline
4) By Application: Oil And Gas Pipeline Inspection, Solar Panel, Power Line and Windmill, Critical Infrastructure Inspections, Commercial Farms, Built Railway, Roadways and Bridge Inspection, Border Security, Other Applications
5) By End-Use Industry: Construction And Infrastructure, Oil And Gas, Agriculture, Utilities, Other End-Users

Key Driver - Oil And Gas Boom Fuels High-Flying Growth In Inspection Drone Market

The rising oil and gas sector is expected to propel the growth of the inspection drone market going forward. The oil and gas sector refers to a sector that involves the extraction, exploration, refining, and distribution of fossil fuels, fueling a variety of industries and fulfilling the world's energy demands. It encompasses companies engaged in activities related to crude oil, natural gas, and their derived products. Inspection drones are employed in the oil and gas industry to conduct efficient and safe inspections of infrastructure, pipelines, and facilities, providing real-time data on equipment integrity and operational conditions, reducing downtime, and enhancing overall safety. For instance, in September 2023, according to gov.uk, a UK-based public sector information website, total government revenues from UK oil and gas production were $1.79 billion (£1.4 billion) in the tax year 2021-2022, compared to $0.38 billion (£0.3 billion) in the previous year, an increase of more than $1.3 billion. Therefore, the rising oil and gas sector will contribute to the growth of the inspection drone market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=14123&type=smp

Prominent Trend - Innovative Solutions Propel Growth In Inspection Drone Market With Emphasis On Asset Inspection Technology

Major companies operating in the inspection drone market are developing advanced solutions, such as asset inspection technology, to gain a competitive edge in the market. Asset inspection technology involves the use of advanced tools such as drones, sensors, and data analytics to assess and monitor the condition, performance, and integrity of physical assets, optimizing maintenance and reducing downtime. For instance, in October 2023, Dexon Technology plc, a Thailand-based oil and gas technology company, launched the GEN 2.0 Ultrasonic Thickness Measurement (UTM) Drone System, a groundbreaking inspection drone system specifically designed to provide enhanced inspection capabilities. It incorporates non-destructive testing using ultrasonic thickness measuring in a variety of sectors. This innovative drone system features a 180-degree adjustable ultrasonic sensor arm, allowing for dynamic inspections. With the ability to inspect surfaces at various orientations and angles, the GEN 2.0 UTM drone ensures comprehensive and accurate data collection across a wide range of assets.

Inspection Drone Market Players
Major companies operating in the inspection drone market are Lockheed Martin Corporation, Yamaha Motor Corp, Drone Volt SA, Wipro Limited, Northrop Grumman Corporation, Trimble Inc., EPAZZ Inc., Teledyne Flir LLC, Intertek Group plc, Insitu Inc., AeroVironment Inc., Yuneec International Co. Ltd, Israel Aerospace Industries Ltd., 3D Robotics Inc., ECA Group, Airobotics Ltd., MIR Innovation, Parrot SA, SZ DJI Technology Co. Ltd (Dà-Jiāng Innovations), MISTRAS Group Inc., PrecisionHawk Inc., AgEagle Aerial Systems Inc., Flyability SA, Delair Aerial Intelligence SAS, Aerialtronics B.V., MicroMultiCopter Aero Technology Co. Ltd, Draganfly Innovations Inc., Digital Aerolus Inc., American Robotics Inc., SkySpecs Inc., Acecore Technologies B.V.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/inspection-drone-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the inspection drone market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inspection drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Inspection Drone Market Report Structure
3. Inspection Drone Market Trends And Strategies
4. Inspection Drone Market - Macro Economic Scenario
5. Inspection Drone Market Size And Growth
…..
27. Inspection Drone Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Inspection Drone Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Lockheed Martin Corporation, Yamaha Motor Corp, Drone Volt SA, Wipro Limited here

News-ID: 3508260 • Views:

More Releases from The Business Research Company

Server Operating System Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Key Players
Server Operating System Market Report 2024-2033: Size, Share, Growth, Trends, An …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Server Operating System Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $110.27 billion In
Safety Light Curtain Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Outlook, Competitive Landscape
Safety Light Curtain Market Report 2024-2033: Size, Share, Growth, Trends, Analy …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Safety Light Curtain Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $2.41 billion In
Regenerated Cellulose Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Key Players
Regenerated Cellulose Market Report 2024-2033: Size, Share, Growth, Trends, Anal …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Regenerated Cellulose Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $23.15 billion In 2028
Propanol Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Outlook, Competitive Landscape
Propanol Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Outlook …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Propanol Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $47.08 billion In 2028 At A

All 5 Releases


More Releases for Inspection

Inspection and Maintenance Robot Market Competitors Analysis Cognex Group, GE in …
Robot inspection and maintenance refers to intervening on robots in challenging areas or sites to reduce the risk associated with the life of human resources and optimize work. In addition, inspection and maintenance involve monotonous work and have repetitive operations. Therefore, robots are used to reduce costs, fatigue and improve work efficiency. With the rapid advancement in technology development, risk of personnel associated with hazardous areas, environmental and economic safety,
beXel launched different inspection modules to improve inspection quality
beXel launched a Variety of modules to facilitate the inspection process and provide smart solutions for the customers such as (Drops Inspection, Job order management, Lifting Inspection, NDT inspection, Tubular Inspection, Desktop Offline App). A quality inspection involves measuring, examining, testing, or gauging various characteristics of a product and comparing those results with specified requirements to determine whether there is conformity. Quality Control (QC) is critical to build and deliver products that meet
Carlsbad, CA Mold Inspection and Asbestos Testing Services Offered by Murrieta M …
Carlsbad, CA, December 16, 2019 – EZ Mold Inspections continues expanding its service area in San Diego County and now provides asbestos testing and mold inspections in Carlsbad, California. The inspection company is based in the Murrieta-Temecula area. The company now serves nine areas in Riverside County and two cities in San Diego County including Oceanside, CA and Carlsbad, CA. With more than two decades of experience in real estate and
Inspection Robotics Market include AETOs, GE Inspection Robotics, Honeybee Robot …
Robots have found extensive applications for automating several repetitive industrial tasks. In conjunction with the development in the robotic vision systems and sensing, requirements for better production quality in the industrial manufacturing procedures and focus towards eliminating human errors in these operations have in turn led to significant growth of the inspection robotics market. Download PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/604 Superior quality output and high ROI fueling growth of the
Pre-Shipment Inspection Market Analysis 2019: Eurofins, TÜV NORD GROUP, Interte …
This research report categorizes the global pre-shipment inspection market by top players/brands, region, type and end user. This report also studies the global pre-shipment inspection market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. In 2017, SOUTH SUDAN started a pre-shipment verification programme in which the inspection company was Baltic Control (not SGS or such). UN/NGO cargo would be exempted
Pre-Shipment Inspection Market 2018 Global Industry Key Companies Eurofins, TÜV …
This report contains all the company profiles of the key players and brands that making moves such as developments, product launches, joint ventures, merges and accusations which affect the pre-shipment inspection market, along with the company profiles the report also contains the market restrains and drivers which are derived through SWOT analysis of the pre-shipment inspection market. The report also gives an in-depth idea about what the market definition, classifications, applications