Drones are being adopted for inspection and monitoring in almost all industries that require a visual inspection of assets as part of their maintenance practices. Visual inspection is essential to ensure the appropriate maintenance of a company's resources. Drone cameras usually perform the tasks of a human eye during inspection and monitoring applications. With drone-based inspection and monitoring, inspectors can skip visiting dangerous places like scaffoldings or tall, lean towers.
MARKET SCOPE
The "Global Drone Inspection and Monitoring Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the drone inspection and monitoring market with detailed market segmentation by solution, type, application, mode of operation and geography. The report provides key statistics on the market status of the leading drone inspection and monitoring market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on solution, the global drone inspection and monitoring market is segmented into software, services, platform, infrastructure
- On the basis of type, the market is segmented fixed wing, multirotor, hybrid
- On the basis of application, the market is segmented construction and infrastructure, agriculture, utilities, oil and gas, mining, others
- On the basis of mode of operation, the market is segmented remotely piloted, optionally piloted, fully autonomous
MARKET DYNAMICS
Drivers:
- Increasing demand for safe & accurate inspection & monitoring.
- Increased cost-saving & human safety
- Rising usage of drones as Remote Visual Inspection (RVI) tool for critical infrastructure applications
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The drone inspection and monitoring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the drone inspection and monitoring market in these regions.
IMPACT OF COVID-19 ON DRONE INSPECTION AND MONITORING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the drone inspection and monitoring market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from drone inspection and monitoring market are anticipated to lucrative growth opportunities in the future with the rising demand for drone inspection and monitoring in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the drone inspection and monitoring market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Intertek Group plc
- MISTRAS Group
- Wipro Limited
- Intel Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- SZ DJI Technology Co., Ltd.
- Parrot SA
- Maverick Inspection Ltd.
- GarudaUAV
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.