Drones Market for Energy Industry is predicted to reach USD 69.4 Billion at a CAGR of 14.30% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Drones Energy Industry Market” that contains information from 2018 to 2030. The Drones Market for Energy Industry is estimated to register a CAGR of 14.30% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Drones Energy Industry market—Airbus Group, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, Jet Maintenance Solutions, ST Aerospace, GE Aviation, Rolls-Royce, Pratt & Whitney, Lufthansa Technik, and Safran Aircraft Engines.
Drones for Energy Industry Market Highlights
The global Drones Market for Energy Industry is accounted to register a CAGR of 14.30% during the forecast period and is estimated to reach USD 69.4 Billion by 2030.
The drones market for the energy industry refers to the use of unmanned aerial vehicles (UAVs) to enhance operations in the energy sector. These drones are employed for tasks such as infrastructure inspection, monitoring, and data collection in oil and gas, renewable energy, and utility sectors to improve efficiency and safety.
Segment Analysis
The global Drones Market for Energy Industry has been segmented based on Drone Type, Industry Type and Application.
On the basis of Drone Type, the market is segmented into Rotary Blade Drone, Hybrid Drone, and Fixed Wing Drone. The Rotary Blade Drone and Fixed Wing Drone are expected to account for a sizeable portion of the Drones Market for Energy Industry Market Share during the assessment period due to their increased demand on the global market.
Based on Industry Type, the global Drones Market for Energy Industry has been segmented into inspection, security and surveillance, and leak and spillage response. These numerous heavy drone applications may create more potential prospects in the following years, according to this market forecast analysis.
Based on Application, the global Drones Market for Energy Industry has been segmented into power, oil & gas, and renewable. Drones can identify corrosion, leaks, and other problems with oil and gas pipelines and drilling rigs. This is the driving force for the expansion of the drones market for the energy business, specifically in the oil and gas sector.
Regional Analysis
The global Drones Energy Industry market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Drones Market for Energy Industry comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Drones Market for Energy Industry in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Drones Market for Energy Industry comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Drones Market for Energy Industry dominated this market in 2022 The Asia Pacific marketing region is regarded as the world's greatest power producer and market for the production of renewable energy. In addition, nations like India, China, and Japan are working on producing drones for the energy sector. As a result, it is predicted that for the review period, this area will account for a larger share of the drones market for the energy industry. Additionally, the market for leak and spillage detection, inspection, and surveillance operations, particularly in the industrial sectors of power and oil & gas, is expected to grow more rapidly in the North American area during this Market Forecast period.
Additionally, The regional analysis of the drone energy industry market highlights varying adoption rates across different geographical areas. Developed regions such as North America and Europe lead in integrating drone technology for energy infrastructure inspection, while emerging economies in Asia and Latin America show increasing interest due to the potential for cost savings and improved monitoring capabilities in their growing energy sectors.
Key Findings of the Study
- The global Drones Market for Energy Industry is expected to reach USD 69.4 Billion by 2030, at a CAGR of 14.30% during the forecast period.
- The Asia-Pacific Drones Market for Energy Industry dominated this market in 2022 The Asia Pacific marketing region is regarded as the world's greatest power producer and market for the production of renewable energy.
- Based on Drone Type, The Rotary Blade Drone and Fixed Wing Drone are expected to account for a sizeable portion of the Drones Market for Energy Industry Market.
- Airbus Group, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, Jet Maintenance Solutions, ST Aerospace, GE Aviation, Rolls-Royce, Pratt & Whitney, Lufthansa Technik, and Safran Aircraft Engines
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Companies Covered | 15 |
Pages | 103 |
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