Drone Surveillance Market for Energy Industry Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2024

The report includes detailed value chain analysis, which provides a comprehensive view of the global drone surveillance market for the energy industry. Porter’s Five Forces model for the drone surveillance market for the energy industry has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein types and applications are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global drone surveillance market for the energy industry by segmenting it in terms of type, application, and region. In terms of type, the drone surveillance market for the energy industry has been classified into multirotor, fixed wing, and hybrid. Based on application, the market has been divided into pipeline monitoring & inspection, offshore platform inspection, power plant inspection, inspection of power distribution lines, wind turbine inspection, solar panel inspection, and others. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for drone surveillance for the energy industry in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of drone surveillance for energy industry for 2017 and estimated market size for 2018 with forecast for the next eight years. Market numbers have been estimated based on type and application of drone surveillance for the energy industry. Market size has been provided in terms of global, regional, and country level markets.

The report comprises profiles of major companies operating in the global drone surveillance market for the energy industry. Key players operating in the drone surveillance market for the energy industry are Aerodyne Group, Azure Drones SAS, Cyberhawk Innovations Limited, and Martek Aviation. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The global drone surveillance market for the energy industry has been segmented as follows:

Drone Surveillance Market for Energy Industry, by Type

Multirotor
Fixed Wing
Hybrid

Drone Surveillance Market for Energy Industry, by Application

Pipeline Monitoring & Inspection
Offshore Platform Inspection
Power Plant Inspection
Inspection of Power Distribution Lines
Wind Turbine Inspection
Solar Panel Inspection
Others (Slope Stability, Emission Tracing, Monitoring Sea Ice, etc.)

Drone Surveillance Market for Energy Industry, by Region

North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
Key Takeaways

In terms of type, the multirotor segment holds major share vis-à-vis other segments. The use of multirotor drones is driven by the several advantages these provide over fixed wing and hybrid drones.
In terms of application, the inspection of power distribution lines segment accounts for higher share than other segments. However, it has marginal edge over the pipeline monitoring & inspection segment. Offshore platform inspection is another common application of drone surveillance.
In terms of region, Europe constitutes prominent of the market. It is among the early adopters of the technology.
The fees charged to the client are currently under pressure due to intense competition between drone surveillance providers and individual drone pilots
The global drone surveillance market for the energy industry is likely to expand at a significant pace, largely because it is at the nascent stage

Leaders in analytics, research and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a prominent provider of a cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who had a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.