Drone Inspection and Monitoring Market Growth, Size, Trends, Demand, Share and Future Outlook

Drone Inspection and Monitoring Market Size- By Solution, By Type, By Operation Mode, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Drone Inspection and Monitoring Market Size- By Solution, By Type, By Operation Mode, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Feb 2024 Report ID: IACT2429 Pages: 1 - 244 Formats*:     
Category : Information & Communications Technology
Drone Inspection and Monitoring Market Introduction and Overview 

According to SPER Market Research, the Global Drone Inspection and Monitoring Market is estimated to reach USD 55.36 billion by 2033 with a CAGR of 16.39%.

The report includes an in-depth analysis of the Global Drone Inspection and Monitoring Market, including market size and trends, product mix, applications, and supplier analysis. A drone-based method for mapping, monitoring, and inspection tasks is Global Drone Inspection and Monitoring. Businesses can use this platform to plan and carry out their operations, keep an eye on the drones in real time, and generate reports and analyses from the comfort of their own offices. The process of using drones to gather visual data of a situation for examination and monitoring is known as "drone examination and monitoring." This eliminates the need for workers to go to sensitive or hazardous locations, such as hazardous mining sites or chemical falls.

  • Intertek Group plc introduced Intertek Group plc Green R&D, a cutting-edge integrated solution, in December 2022. The new approach might guarantee the sustainability, quality, and safety features that are maximized throughout the product lifecycle.
  • DJI created the DJI Mini 3, a tiny, incredibly light camera drone that weighs less than 249 grams, in December 2022. It is made so that anyone, anywhere, can use it.
Drone Inspection and Monitoring Market
Market Opportunities and Challenges

Opportunities: LIDAR technology advancements for commercial drones. In the commercial drone sector, light detection and ranging, or LiDAR, is an essential tool. Drones equipped with the incredibly accurate and precise LiDAR sensors pulse lasers to gather measurements that are then used to create precise maps and three-dimensional models of the surrounding area and objects. The surface elevation value hidden by trees or other forest cover may be overlooked by standard photogrammetry or other survey technologies. But LIDAR can see right through an object to find its surface value. Thus, it finds many uses in inspection and monitoring, such as environmental assessment, planning and management of forests, flood modeling, and precision agriculture.

A number of challenges prevent the global Global Drone Inspection and Monitoring market from expanding and becoming widely used. The management of airspace and the regulatory framework present a significant challenge. Regulations become more complicated and frequently inconsistent as drone technology develops because regulatory bodies find it difficult to keep up with the changing capabilities. The absence of uniform regulations impedes the smooth implementation of drone-based inspection and monitoring services worldwide. Significant obstacles also arise from privacy and data security concerns. Concerns about the gathering, storing, and sharing of private information are brought up by the use of drones for surveillance; therefore, strong security protocols and open regulations are needed to allay public fears.

Drone Inspection and Monitoring Market


Market Competitive Landscape
The report includes competitive analysis and profiles of the major Global Drone Inspection and Monitoring market players, including American Robotics, Aerovironment Inc., Ageagle Aerial Systems Inc., DJI, Israel Aerospace Industries, Microdrones, Parrot Drones, PrecisionHawk, Trimble Inc., and Yamaha Motor Corp. These key players have increased their market penetration through strategies such as product portfolio expansion, mergers and acquisitions, agreements, regional expansion, and collaboration.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Solution, By Type, By Operation Mode, By Application
 Regions coveredNorth America, Asia-Pacific, Latin America, Middle East & Africa and Europe
 Companies Covered
Aerovironment Inc., Yamaha Motor Corp., DJI, PrecisionHawk, Trimble Inc., Israel Aerospace Industries, Parrot Drones, Microdrones, American Robotics, Ageagle Aerial Systems Inc. 
COVID-19 Impact on Global Drone Inspection and Monitoring Market
There have been both positive and negative effects on the global  Drone Inspection and Monitoring market from the COVID-19 pandemic. Positively, especially in industries like infrastructure, agriculture, and healthcare, the crisis has sped up the use of drone technology for inspection and monitoring. Drones have been used to perform tasks such as inspecting vital infrastructure without requiring human intervention, monitoring social distancing measures, and performing thermal imaging for fever detection. But the pandemic has also brought with it difficulties for the market. Drone component production and availability have been impacted by supply chain disruptions, resulting in higher costs and production delays. International market expansion has also been impacted by travel restrictions and lockdowns, which have made it more difficult to use drones for cross-border operations.

Key Target Audience:
  • Infrastructure and Construction Companies
  • Energy Sector
  • Agriculture
  • Technology Providers
  • Telecommunication Companies
Our in-depth analysis of the Drone Inspection and Monitoring Market includes the following segments:
By Solution:
  • Platform
  • Software
  • Infrastructure
  • Services
  • By Type:
  • Fixed Wing
  • Multirotor
  • Hybrid
  • By Operation Mode:
  • Remotely Piloted
  • Optionally Piloted
  • Fully Autonomous
  • By Application:
  • Construction & Infrastructure
  • Oil & Gas
  • Mining
  • Agriculture
  • Utilities
  • Key Topics Covered in the Report:
    • Global Drone Inspection and Monitoring Market Size (FY’2023-FY’2033)
    • Overview of Global Drone Inspection and Monitoring Market
    • Segmentation of Global Drone Inspection and Monitoring Market By Solution (Platform, Software, Infrastructure, Services)
    • Segmentation of Global Drone Inspection and Monitoring Market By Type (Fixed Wing, Multirotor, Hybrid)
    • Segmentation of Global Drone Inspection and Monitoring Market By Operation Mode (Remotely Piloted, Optionally Piloted, Fully Autonomous)
    • Segmentation of Global Drone Inspection and Monitoring Market By Application (Construction & Infrastructure, Oil & Gas, Mining, Agriculture, Utilities, Others)
    • Statistical Snap of Global Drone Inspection and Monitoring Market 
    • Expansion Analysis of Global Drone Inspection and Monitoring Market 
    • Problems and Obstacles in Global Drone Inspection and Monitoring Market
    • Competitive Landscape in the Global Drone Inspection and Monitoring Market
    • Impact of COVID-19 on Global Drone Inspection and Monitoring Market 
    • Details on Current Investment in Global Drone Inspection and Monitoring Market
    • Competitive Analysis of Global Drone Inspection and Monitoring Market 
    • Prominent Players in the Global Drone Inspection and Monitoring Market 
    • SWOT Analysis of Global Drone Inspection and Monitoring Market 
    • Global Drone Inspection and Monitoring Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Drone Inspection and Monitoring Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Drone Inspection and Monitoring Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Drone Inspection and Monitoring Market 

    7. Drone Inspection and Monitoring Market, By Solution (USD Million)
    7.1. Drone Inspection and Monitoring Market Value Share and Forecast, By Solution, 2023-2033
    7.2. Platform
    7.2.1. Airframe
    7.2.2. Avionics
    7.2.3. Propulsion
    7.2.4. Payload
    7.3. Software
    7.4. Infrastructure
    7.5. Services

    8. Drone Inspection and Monitoring Market, By Type (USD Million)
    8.1. Drone Inspection and Monitoring Market Value Share and Forecast, By Type, 2023-2033
    8.2. Fixed Wing
    8.3. Multirotor
    8.4. Hybrid

    9. Drone Inspection and Monitoring Market, By Operation Mode (USD Million)
    9.1. Drone Inspection and Monitoring Market Value Share and Forecast, By Operation Mode, 2023-2033
    9.2.  Remotely Piloted
    9.3. Optionally Piloted
    9.4. Fully Autonomous

    10. Drone Inspection and Monitoring Market, By Application (USD Million)
    10.1. Drone Inspection and Monitoring Market Value Share and Forecast, By Application, 2023-2033
    10.2. Construction & Infrastructure
    10.3. Oil & Gas
    10.4. Mining
    10.5. Agriculture
    10.6. Utilities
    10.7. Others

    11. Drone Inspection and Monitoring Market Forecast, 2019-2033 (USD Million)
    11.1. Drone Inspection and Monitoring Market Size and Market Share

    12. Drone Inspection and Monitoring Market, By Solution 2019-2033 (USD Million)
    12.1. Drone Inspection and Monitoring Market Size and Market Share By Solution (2019-2026)
    12.2. Drone Inspection and Monitoring Market Size and Market Share By Solution (2027-2033)

    13. Global Drone Inspection and Monitoring Market, By Type, 2019-2033 (USD Million)
    13.1. Drone Inspection and Monitoring Market Size and Market Share By Type (2019-2026)
    13.2. Drone Inspection and Monitoring Market Size and Market Share By Type (2027-2033)

    14. Global Drone Inspection and Monitoring Market, By Operation Mode, 2019-2033 (USD Million)
    14.1. Drone Inspection and Monitoring Market Size and Market Share By Operation Mode (2019-2026)
    14.2. Drone Inspection and Monitoring Market Size and Market Share By Operation Mode (2027-2033)

    15. Global Drone Inspection and Monitoring Market, By Application, 2019-2033 (USD Million)
    15.1. Drone Inspection and Monitoring Market Size and Market Share By Application (2019-2026)
    15.2. Drone Inspection and Monitoring Market Size and Market Share By Application (2027-2033)

    16. Global Drone Inspection and Monitoring Market, By Region, 2019-2033 (USD Million)
    16.1. Drone Inspection and Monitoring Market Size and Market Share By Region (2019-2026)
    16.2. Drone Inspection and Monitoring Market Size and Market Share By Region (2027-2033) 
    16.3. Asia-Pacific
    16.3.1. Australia
    16.3.2. China
    16.3.3. India
    16.3.4. Japan
    16.3.5. South Korea
    16.3.6. Rest of Asia-Pacific
    16.4. Europe
    16.4.1. France
    16.4.2. Germany
    16.4.3. Italy
    16.4.4. Spain
    16.4.5. United Kingdom
    16.4.6. Rest of Europe
    16.5. Middle East and Africa
    16.5.1. Kingdom of Saudi Arabia 
    16.5.2. United Arab Emirates
    16.5.3. Rest of Middle East & Africa
    16.6. North America
    16.6.1. Canada
    16.6.2. Mexico
    16.6.3. United States
    16.7. Latin America
    16.7.1. Argentina
    16.7.2. Brazil
    16.7.3. Rest of Latin America 

    17. Company Profile
    17.1. Ageagle Aerial Systems Inc.
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. Aerovironment Inc.
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. American Robotics
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. DJI
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. Israel Aerospace Industries
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. Microdrones
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. Parrot Drones
    17.7.1. Company details
    17.7.2. Financial outlook
    17.7.3. Product summary 
    17.7.4. Recent developments
    17.8. PrecisionHawk
    17.8.1. Company details
    17.8.2. Financial outlook
    17.8.3. Product summary 
    17.8.4. Recent developments
    17.9. Trimble Inc.
    17.9.1. Company details
    17.9.2. Financial outlook
    17.9.3. Product summary 
    17.9.4. Recent developments
    17.10. Yamaha Motor Corp.
    17.10.1. Company details
    17.10.2. Financial outlook
    17.10.3. Product summary 
    17.10.4. Recent developments
    17.11. Others 
     
    18. List of Abbreviations

    19. Reference Links

    20. Conclusion

    21. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    The key players in the market include Companies Covered Aerovironment Inc., Yamaha Motor Corp., DJI, PrecisionHawk, Trimble Inc., Israel Aerospace Industries, Parrot Drones, Microdrones, American Robotics, Ageagle Aerial Systems Inc.
    Drone Inspection and Monitoring Market, including market size and trends, product mix, applications, and supplier analysis. A drone-based method for mapping, monitoring, and inspection tasks is Global Drone Inspection and Monitoring.
    Drone Inspection and Monitoring Market is projected to reach USD 55.36 billion by 2033, growing at a CAGR of 16.39% during the forecast period.
    Drone Inspection and Monitoring Market grew in market size from 2023. The Market is expected to reach USD 55.36 billion by 2033, at a CAGR of 16.39% during the forecast period.
    Drone Inspection and Monitoring Market CAGR of 16.39% during the forecast period.
    Drone Inspection and Monitoring Market size is USD 55.36 billion from 2023 to 2033.
    Drone Inspection and Monitoring Market Segment is Covered By Solution, By Type, By Operation Mode, By Application
    The North America region is anticipated to have the highest market share in Drone Inspection and Monitoring Market.
    Not able to find what you are looking for? Need customization in the existing report?
    Click Here
    PLACE AN ORDER
    • 15% off
       
      $ 4250
    • 20% off
               
      $ 5650
    • 25% off
           
      $ 7450
    Pre-Purchase Inquiry
    SEND AN INQUIRY
    NEED CUSTOMIZATION?
    Request Customization
    CALL OR EMAIL US
    US:
    India:
    Email:
    100% Secure Payment

    SPER American Express
    SPER VISA
    SPER Master Card
    SPER Mestro
    SPER Paypal
    SPER CCAvenues

    Join Our SPER Panel

    Our Global Clients

    Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
    SPER-Astellas Pharma
    SPER-Citi Bank
    SPER-Microsoft
    SPER-EY
    SPER-McKinsey
    SPER-Bain
    SPER-Max-Healthcare
    SPER-DHL
    SPER-SIEMENS
    SPER-IQVIA
    SPER-Pfizer
    SPER-LOREAL
    SPER-Kankar IMRB
    SPER-ITA
    SPER-PWC
    SPER-Sanofi
    SPER-p&g
    SPER-Johnson & Johnson
    SPER-IPSOS
    SPER-Heineken

    SPER

    Market Research

    We are the leading, full-service global market research and consulting company.

    Certificates
    iso-1 iso-1 iso-1 ESOMAR
    Secure Payments
    SPER Payment Options
    Contact HR

     [email protected]

     +91-742-898-5650