Inspection Drone Market to Generate $8.6 Billion by 2031: Allied Market Research

Significant surge in the demand for improved surveillance, emergence of various start-ups across the globe, and persistent technological advancements are expected to drive the growth of the global inspection drone market. Closed manufacturing facilities, reduced workforce, shortage of raw materials, and other supply chain disruptions during the COVID-19 pandemic had a negative impact on the market.


Portland, OR , Sept. 07, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global inspection drone market generated $1.9 billion in 2021, and is projected to reach $8.6 billion by 2031, growing at a CAGR of 16.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

Download Report (246 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9985

Inspection Drone Industry Report Coverage & Details:

Report CoverageDetails
Forecast Period2022­–2031
Base Year2021
Market Size in 2021$1.9 billion
Market Size in 2031$8.6 billion
CAGR16.4%
No. of Pages in Report246
Segments CoveredDrone type, Operation Mode, End-Use Industry, And Region.
DriversIncrease in the standard of living
Significant surge in the demand for improved surveillance
OpportunitiesEmergence of various start-ups across the globe
Persistent technological advancements
RestrainsExtortionate cost of luxury jewelry
Limited to specific consumers

COVID-19 Scenario:

  • The outbreak of COVID-19 has had a negative impact on the growth of the global inspection drone market, owing to the occurrence of lockdowns in various countries across the globe.
  • Lockdowns resulted in the closure of various manufacturing facilities, including those of inspection drones, which adversely impacted their demand during the pandemic.
  • In addition, there was a shortage of materials, components, and finished goods, which further aggravated the impact on the market.
  • This is majorly due to the stringent social distancing restrictions imposed by the government to curb the spread of the virus during the pandemic. However, increase in the use of inspection drones in case of various man-made and natural disasters or to supervise lockdown restrictions offer remunerative opportunities for the growth of the market.

Interested to Procure the Data with Actionable Strategy & Insights? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9985

The report offers detailed segmentation of the global inspection drone market based on drone type, operation mode, end-use industry, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

Based on drone type, the multirotor drone segment held the dominating market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The hybrid drone segment, on the other hand, is expected to cite the fastest CAGR of 18.7% during the forecast period.

Based on operation mode, the semi-autonomous segment held the largest market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The fully autonomous segment, on the other hand, is expected to cite the fastest CAGR of 17.9% during the forecast period.

Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/9985

Based on end-use industry, the construction and infrastructure segment held the dominating market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The agriculture segment, on the other hand, is expected to cite the fastest CAGR of 17.8% during the forecast period.

Based on region, the market across the North America region held the largest market share in 2021, holding two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 18.1% during the forecast period.

The key players analyzed in the global inspection drone market report include American Robotics, Inc., Aerovironment Inc, Ageagle Aerial Systems Inc, DJI, Israel Aerospace Industries, Microdrones, Parrot SA, PrecisionHawk, Trimble Inc., and Yamaha Motor Corp.

The report analyzes these key players in the global inspection drone market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players in the market.

Schedule a FREE Consultation Call with Our Analysts to Find Solutions for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9985

Similar Reports We Have on Drone Industry:

Inspection Drones in Confined Space Market by Drone Type (Quadrotor and Multirotor Drone), Application (Oil & Gas, Power Generation, Mining, Chemicals, and Marine), and Technology (UAV laser, GPS, and Cameras): Global Opportunity Analysis and Industry Forecast, 2021-2030.

Rotary Blade UAV Drones Market by Application (Law Enforcement, Delivery, Disaster Management, Agriculture Monitoring and Others), Product (12-Rotor (Helicopter), 8-Rotor (Octocopter),6-Rotor (Hexacopter) and 4-Rotor (Quadcopter)) and End Use (Defense, Commercial and Military): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Drone Surveillance Market by Type (Multirotor, Fixed Wing and Hybrid), Application (Pipeline Monitoring and Inspection, Offshore Platform Inspection, Wind Turbine Inspection, Power Plant Inspection, Solar Panel Inspection and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

Drone Training and Education Services Market by Duration of Service (Short Duration Services, and Long Duration Services), by Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, and Others), by Industry (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil and Gas, Utility and Power, Security, Search & Rescue, Mining, Scientific Research, Insurance, and Others), by Solution (Enterprise, and Point): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Multirotor Drone Market by Type (Tricopters, Quadcopters, Hexacopters, Octocopters), by Payload (Camera and Imaging Systems, Control Systems, Tracking Systems, Others), by Application (Mapping and Surveying, Surveillance, Inspection, and Monitoring, Aerial Photography, Others), by End-Use (Commercial, Military and Government, Consumer): Global Opportunity Analysis and Industry Forecast, 2021-2031

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com