<p class="ql-align-justify"><a href="https://www.emergenresearch.com/industry-report/drone-inspection-and-monitoring-market">https://www.emergenresearch.com/industry-report/drone-inspection-and-monitoring-market</a></p><p class="ql-align-justify">Drone inspection methods are becoming increasingly popular over traditional approaches, which is one of the key factors driving market revenue growth.</p>

Drone Inspection and Monitoring Market: A Study of the Industry's Evolving Landscape

<div>Market Synopsis</div><p>The drone inspection and monitoring market size reached USD 9.80 Billion in 2021 and is expected to register a revenue CAGR of 15.8% during the forecast period. Increased focus on cost-cutting and human protection, rapid technological advancements in drones, increasing number of wind turbines, and drone inspection methods are becoming increasingly popular over traditional approaches, which are some major factors expected to continue to drive market revenue growth.</p><p>Wind turbine and blade inspection is complex because the interior structure of the blade may develop structural problems that are not evident from the outside. To address such difficulties, companies provide drone-powered solutions. The drones are outfitted with cutting-edge sensors such as thermal and infrared sensors that are specifically created and calibrated for wind turbine and blade inspection. These sensors capture information (data) quickly and can see up to 15cm deep inside wind turbines. Companies &nbsp;use machine learning and advanced processing tools to detect internal or exterior structural concerns (as little as 5mm) and assist wind farms in ensuring structural integrity, extending turbine lifespan and taking necessary action at the appropriate moment. Thus, increasing number of wind turbines around the world is expected to increase adoption of drone-based solutions and related services for wind turbine and blade inspections. This is expected to boost revenue growth of the market going ahead.</p><p dir="ltr">Drone use enhances employee safety and allows access to resource information in various industries. Drones reduce inspection hazards, reduce downtime, and provide reliable data on an investor's life history. Companies may reduce their health <a href="https://www.emergenresearch.com/industry-report/insurance-market" dir="ltr">insurance</a> costs by adopting drones to significantly reduce the work duration of those who are placed in risky situations. Therefore, usage of drones has increased focus on human protection by replacing human work by drones.</p><p>Miniature pilotless aircraft, Unmanned Aerial Vehicles (UAVs), and flying mini robots are gaining popularity. Drones, whether operated by a remote or accessible via a smartphone app, have the capacity to reach the most remote locations with little to no people and with the least amount of effort, time, and energy. Drones are being widely used by various industries as drone providers are increasingly focusing on technological advancements of drones for better operations. This is expected to support revenue growth of the market in the near future.</p><p>Drones have seen an increase in their potential for use in various domains of employment. Drones provide a quick way to give comprehensive and valuable findings because of their speed and agility. Drones outfitted with sensors and cameras are now proving their utility in obtaining real-time footage that can be saved for later analysis. Compared to traditional techniques, unmanned aerial systems can detect deteriorating structures and equipment in less time and at a lower cost. Civil engineers spend on infrastructure to improve the government's support networks of that country.&nbsp;Innovative technologies such as machine learning and laser are increasing the spectrum of these inspection drones, which are being outfitted with the necessary technology to execute specific jobs throughout the inspection.&nbsp;The new capability provides growth opportunities for the market for drone manufacturers.</p><p>However, stringent government rules for drones - means that flight duration and cargo capacity, both are restricted, scarcity of professionals for remote drones are some key factors that will hamper global market growth to a certain extent over the forecast period. Drones can now only fly across 20 to 30 minutes before being required to be switched out or recharged. Though drones can carry payloads weighing over twenty pounds, those weighing five pounds or less are more popular. To make matters even more complicated, there is an inverse connection between payload weight and flight endurance, and increasing payload leads to shorter flying duration. This suggests that regular intervals occur even in pressing activities, such as inspecting bridges and gas flares. As a result, drones cannot be used for larger projects. Currently, research is being conducted worldwide to improve the durability of drones. A specifically built drone gets automatically charged when it taps down on a similarly designed landing pad.&nbsp; This technology can reduce disruptions with a small fleet of drones. Drones are a practical and appealing choice when work must be completed in a dangerous environment. It would be advantageous if companies could not only do inspections but also aid with installations and repairs. Drone manufacturers in the US, such as Olaeris and Top Flight Technologies, have created larger drones that can do more complex tasks by utilizing hybrid power systems (batteries with combustion engines).</p><img width="720" height="405" src="https://www.emergenresearch.com/images/reportImages/drone-inspection-and-monitoring-market.webp" alt="Drone Inspection and Monitoring Market"><div>Solution Insights:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </div><div>Service segment accounted for largest revenue share in the market in 2021</div><p>Based on solution, the drone inspection and monitoring market is segmented into software, services, platform, and infrastructure. Service segment is expected to lead in terms of revenue contribution to the global market during the forecast period. The rapid, cost-effective, and precise data processing capabilities of drones, as compared to traditional techniques, have contributed to growth of the segment. In addition, manufacturers are constantly developing innovative products with a steady flow of funding to provide drone inspection, aerial survey, autonomous flight paths, remote sensing, search and rescue, and many other highly charged areas that were once difficult or risky to approach using traditional methods.</p><div>Technology Insights:</div><div>Optionally piloted segment is expected to expand at a rapid CAGR in the market during the forecast period&nbsp; </div><p>Based on technology, the drone inspection and monitoring market is segmented into remotely piloted, optionally piloted, and fully autonomous. Optionally piloted segment is expected to register a significantly rapid revenue growth rate over the forecast period because of its increasing use in precision agriculture, disaster relief, traffic monitoring, and building inspection. &nbsp;</p><p>Fully autonomous segment is expected to register a steady revenue growth rate over the forecast period. It comprises a command delivery system and a flight planning system, which calculates the flight route and range before the operation. The ground operator has no involvement and the drones control everything. These are high-payload mission-based unmanned aerial vehicles drones manufactured in several countries for particular missions.</p><div>Type Insights:</div><div>Hybrid segment revenue is expected to expand at a rapid CAGR during the forecast period</div><p dir="ltr">Based on type, the drone inspection and monitoring market is segmented into fixed wing, multirotor, and hybrid. Hybrid segment is expected to register a considerably rapid revenue growth rate over the forecast period owing to the increased investment in the development of hybrid Vertical Take-Off and Landing (VOTL) fixed wing unmanned aircraft systems. The significant usage of hybrid drones in various applications such as pipeline monitoring and inspection, offshore platform inspection, wind turbine inspection, <a href="https://www.emergenresearch.com/industry-report/virtual-power-plant-market" dir="ltr">power plant</a> inspection, solar panel inspection, and others are expected to drive growth of the segment during the forecast period. Hybrid drones can help make drone package delivery a reality and improve crop imaging, military surveillance, emergency response, and remote infrastructure inspection capabilities, among other things. The technique might open the road for human flying as the firm develops hybrid drone power sources.</p><img width="720" height="585" src="https://www.emergenresearch.com/images/reportImages/drone-inspection-and-monitoring-market-share.webp" alt="Drone Inspection and Monitoring Market share"><div>Application Insights:</div><div>Construction and infrastructure segment is expected to expand at a rapid CAGR in the market during the forecast period&nbsp; </div><p>Based on application, the drone inspection and monitoring market is segmented into agriculture, construction and infrastructure, oil and gas, mining, utilities, and others. Construction and infrastructure segment is expected to register a significantly rapid revenue growth rate over the forecast period owing to increasing use of drone-based inspection and monitoring for buildings owing to drone technology's high-quality, accurate, and cost-effective data processing. Creating building site maps became complicated and time-consuming. A drone can easily visit any section of the site while gathering all information and footage and transferring it in real-time to computer mapping software. Drones can perform real-time inspections of high-risk regions, eliminating the need to send people there. This improves site health and safety, a top focus for construction companies.</p><div>End-Use Insights:</div><div>Pipeline monitoring and inspection segment accounted for largest revenue share in the market in 2021</div><p>Based on end-use, the drone inspection and monitoring market is segmented into pipeline monitoring and inspection, offshore platform inspection, wind turbine inspection, power plant inspection, solar panel inspection, and others. Pipeline monitoring and inspection segment is expected to lead in terms of revenue contribution to the global market during the forecast period. Rising adoption of drones for new oil rigs and exploration operations in countries in Asia Pacific and Europe is expected to drive growth of the segment.</p><div>Regional Insights: </div><div>North America accounted for relatively larger revenue share than other regional markets in global market in 2021 </div><p>North America drone inspection and monitoring market is expected to account for larger revenue share than other regional markets during the forecast period owing to robust presence of major companies such as Lockheed Martin Corporation, AeroVironment, Inc. Qualcomm Technologies, Inc., among others in countries in the region. Increased demand for drone inspection and monitoring in the oil and gas, agricultural and forestry, and energy and utility industries is expected to boost revenue growth of the market. Moreover, in order to better fulfill the expectations of these and other industries, market players are incorporating advanced technologies into the solutions, such as Machine Learning (ML), Internet Of Things (IoT), and computer vision. This is expected to drive growth of the market in the near future.</p><p>Asia Pacific is expected to register a significantly robust revenue growth rate during the forecast period owing to an increase in unmanned aircraft systems and unmanned aerial vehicle service providers in developing countries such as China and India. &nbsp;Increasing demand for drones in emerging countries, where drones are frequently used for inspection and monitoring activities in the agriculture and utility sectors, is also expected to drive market revenue growth during the forecast period.</p><p>Europe is expected to expand at a steady CAGR during the forecast period owing to increased wind turbine installation across the region.</p><img width="720" height="585" src="https://www.emergenresearch.com/images/reportImages/drone-inspection-and-monitoring-market-size.webp" alt="Drone Inspection and Monitoring Market size"><div>Major Companies and Competitive Landscape </div><p>The drone inspection and monitoring market is fairly fragmented, with number of large and medium-sized market companies accounting for majority revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective drone inspection and monitoring solutions in the market. Some major companies included in the market report are:</p><UL><LI>Aerodyne Group</LI><LI>SZ DJI Technology Co. Ltd.</LI><LI>AeroVironment, Inc.</LI><LI>Sky Futures Partner Ltd.</LI><LI>Lockheed Martin Corporation</LI><LI>BAE Systems PLC</LI><LI>Qualcomm Technologies Inc.</LI><LI>AgEagle Aerial Systems Inc.</LI><LI>Teledyne FLIR LLC</LI><LI>Israel Aerospace Industries</LI></UL><div>Strategic development</div><UL><LI>In October 2021, Teledyne FLIR LLC launched 10N M640x Next Gen Tactical Quadcopter. The ION M640x has a 640x512 infrared sensor with double the resolution of comparable Unmanned Aircraft System (UAS) and a Near-Infrared (NIR) laser illuminator. The NIR illuminator allows operators to identify items of interest for better coordination and visibility among mission participants. The ION M640x also has all-new smart object tracking, allowing operators to specify an item for the aircraft to identify and track as it moves. Other new features include an SD card for storing images and videos taken during flight and tri-band radio capability.</LI><LI>In October 2021, AgEagle Aerial Systems Inc., MicaSense RedEdge-P Drone Sensor Unveiled by AgEagle. The all-new RedEdge-P extends on the tradition of the reliable, high-quality multispectral sensor that the market is dependent&nbsp;on by adding the power of a higher resolution, panchromatic band to twice the output data resolution. It has three times the capture speed and twice the spatial resolution of the RedEdge-MXTM. A single camera system works with a wide range of drone aircraft, from huge fixed wings to small multirotor. The RedEdge-P takes calibrated high-resolution multispectral and Red Green Blue (RGB) imagery with an optimized field of view and capture rate for efficient flights. This technology seamlessly blends a high resolution, all-color imager with synchronized multispectral imagers to allow pixel-aligned outputs at previously unachievable resolutions while retaining the efficiency and dependability of its RedEdgeTM legacy.&nbsp;Data outputs will be processed using industry-standard software platforms, such as AgEagle's Measure Ground Control.</LI></UL><div>Scope of Research</div><table border="1" dir="ltr">
<tbody dir="ltr">
<tr dir="ltr">
<td dir="ltr">PARAMETERS</td>
<td dir="ltr">DETAILS</td>
</tr>
<tr dir="ltr">
<td dir="ltr">The market size value in 2021</td>
<td dir="ltr">USD 9.80 Billion</td>
</tr>
<tr dir="ltr">
<td dir="ltr">CAGR (2022–2030)</td>
<td dir="ltr">15.8%</td>
</tr>
<tr dir="ltr">
<td dir="ltr">The Revenue forecast in 2030</td>
<td dir="ltr">USD 36.16 Billion</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Base year for estimation</td>
<td dir="ltr">2021</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Historical data</td>
<td dir="ltr">2019–2020</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Forecast period</td>
<td dir="ltr">2022–2030</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Quantitative units</td>
<td dir="ltr">Revenue in USD Billion and CAGR in % from 2022 to 2030</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Report coverage</td>
<td dir="ltr">
<p dir="ltr">Revenue forecast, company ranking, competitive landscape, growth factors, and trends</p>
</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Segments covered</td>
<td dir="ltr">
<p dir="ltr">Solution, technology, type, application, end-use, Region</p>
</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Regional scope</td>
<td dir="ltr">
<p dir="ltr">North America; Europe; Asia-Pacific; Latin America; Middle East &amp; Africa</p>
</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Country scope</td>
<td dir="ltr">
<p dir="ltr">U.S., Canada, Mexico, Germany, U.K., France, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, Rest of MEA</p>
</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Key companies profiled</td>
<td dir="ltr">
<p dir="ltr">Aerodyne Group, SZ DJI Technology Co. Ltd, AeroVironment, Inc., Sky Futures Partner Ltd., Lockheed Martin Corporation, BAE Systems PLC, Qualcomm Technologies Inc., AgEagle Aerial Systems Inc., Teledyne FLIR LLC, and Israel Aerospace Industries</p>
</td>
</tr>
<tr dir="ltr">
<td dir="ltr">Customization scope</td>
<td dir="ltr">
<p dir="ltr">10 hrs of free customization and expert consultation</p>
</td>
</tr>
</tbody>
</table><div>Segments Covered in Report</div><p>For the purpose of this report, Emergen Research has segmented drone inspection and monitoring market on the basis of solution, technology, type, application, end-use, and region:</p><UL><LI><div>Solution Outlook (Revenue, USD Billion; 2019–2030)</div><UL><LI>Software</LI><LI>Services</LI><LI>Platform</LI><LI>Infrastructure</LI></UL></LI></UL><UL><LI><div>Technology Outlook (Revenue, USD Billion; 2019–2030)</div><UL><LI>Remotely Piloted</LI><LI>Optionally Piloted</LI><LI>Fully Autonomous</LI></UL></LI></UL><UL><LI><div>Type Outlook (Revenue, USD Billion; 2019–2030)</div><UL><LI>Fixed Wing</LI><LI>Multirotor</LI><LI>Hybrid</LI></UL></LI></UL><UL><LI><div>Application Outlook (Revenue, USD Billion; 2019–2030)</div><UL><LI>Agriculture</LI><LI>Construction and Infrastructure</LI><LI>Oil and Gas</LI><LI>Mining</LI><LI>Utilities</LI><LI>Others</LI></UL></LI></UL><UL><LI><div>End-Use Outlook (Revenue, USD Billion; 2019–2030)</div><UL><LI>Pipeline Monitoring and Inspection</LI><LI>Offshore Platform Inspection</LI><LI>Wind Turbine Inspection</LI><LI>Power Plant Inspection</LI><LI>Solar Panel Inspection</LI><LI>Others</LI></UL></LI></UL><UL><LI><div>Regional Outlook (Revenue, USD Billion, 2019–2030)</div><UL><LI>North America
</LI></UL></LI></UL>

Drone inspection methods are becoming increasingly popular over traditional approaches, which is one of the key factors for driving market revenue growth

The global Drone Inspection and Monitoring market size was USD 9.80 Billion in 2021 and is expected to reach USD 36.16 Billion in 2030 and register a CAGR of 15.8%. Drone Inspection and Monitoring industry report classifies global market by share, trend, and based on solution, technology, type, application, end-use, and region | Unmanned Aerial Vehicle Inspection and Monitoring | UAV Inspection and Monitoring

<p>The drone inspection and monitoring market size reached USD 9.80 Billion in 2021 and is expected to register a revenue CAGR of 15.8% during the forecast period. Increased focus on cost-cutting and human protection, rapid technological advancements in drones, increasing number of wind turbines, and drone inspection methods are becoming increasingly popular over traditional approaches, which are some major factors expected to continue to drive market revenue growth. </p>

<p>Wind turbine and blade inspection is complex because the interior structure of the blade may develop structural problems that are not evident from the outside. To address such difficulties, companies provide drone-powered solutions. The drones are outfitted with cutting-edge sensors such as thermal and infrared sensors that are specifically created and calibrated for wind turbine and blade inspection. These sensors capture information (data) quickly and can see up to 15cm deep inside wind turbines. Companies  use machine learning and advanced processing tools to detect internal or exterior structural concerns (as little as 5mm) and assist wind farms in ensuring structural integrity, extending turbine lifespan and taking necessary action at the appropriate moment. Thus, increasing number of wind turbines around the world is expected to increase adoption of drone-based solutions and related services for wind turbine and blade inspections. This is expected to boost revenue growth of the market going ahead. </p>

<p>Drone use enhances employee safety and allows access to resource information in various industries. Drones reduce inspection hazards, reduce downtime, and provide reliable data on an investor's life history. Companies may reduce their health <a href="https://www.emergenresearch.com/industry-report/insurance-market">insurance </a>costs by adopting drones to significantly reduce the work duration of those who are placed in risky situations. Therefore, usage of drones has increased focus on human protection by replacing human work by drones. </p>

<p>Miniature pilotless aircraft, Unmanned Aerial Vehicles (UAVs), and flying mini robots are gaining popularity. Drones, whether operated by a remote or accessible via a smartphone app, have the capacity to reach the most remote locations with little to no people and with the least amount of effort, time, and energy. Drones are being widely used by various industries as drone providers are increasingly focusing on technological advancements of drones for better operations. This is expected to support revenue growth of the market in the near future. </p>

<p>Drones have seen an increase in their potential for use in various domains of employment. Drones provide a quick way to give comprehensive and valuable findings because of their speed and agility. Drones outfitted with sensors and cameras are now proving their utility in obtaining real-time footage that can be saved for later analysis. Compared to traditional techniques, unmanned aerial systems can detect deteriorating structures and equipment in less time and at a lower cost. Civil engineers spend on infrastructure to improve the government's support networks of that country. Innovative technologies such as machine learning and laser are increasing the spectrum of these inspection drones, which are being outfitted with the necessary technology to execute specific jobs throughout the inspection. The new capability provides growth opportunities for the market for drone manufacturers. </p>

<p>However, stringent government rules for drones - means that flight duration and cargo capacity, both are restricted, scarcity of professionals for remote drones are some key factors that will hamper global market growth to a certain extent over the forecast period. Drones can now only fly across 20 to 30 minutes before being required to be switched out or recharged. Though drones can carry payloads weighing over twenty pounds, those weighing five pounds or less are more popular. To make matters even more complicated, there is an inverse connection between payload weight and flight endurance, and increasing payload leads to shorter flying duration. This suggests that regular intervals occur even in pressing activities, such as inspecting bridges and gas flares. As a result, drones cannot be used for larger projects. Currently, research is being conducted worldwide to improve the durability of drones. A specifically built drone gets automatically charged when it taps down on a similarly designed landing pad.  This technology can reduce disruptions with a small fleet of drones. Drones are a practical and appealing choice when work must be completed in a dangerous environment. It would be advantageous if companies could not only do inspections but also aid with installations and repairs. Drone manufacturers in the US, such as Olaeris and Top Flight Technologies, have created larger drones that can do more complex tasks by utilizing hybrid power systems (batteries with combustion engines). </p>

<p>Based on solution, the drone inspection and monitoring market is segmented into software, services, platform, and infrastructure. Service segment is expected to lead in terms of revenue contribution to the global market during the forecast period. The rapid, cost-effective, and precise data processing capabilities of drones, as compared to traditional techniques, have contributed to growth of the segment. In addition, manufacturers are constantly developing innovative products with a steady flow of funding to provide drone inspection, aerial survey, autonomous flight paths, remote sensing, search and rescue, and many other highly charged areas that were once difficult or risky to approach using traditional methods. </p>

<p>Based on technology, the drone inspection and monitoring market is segmented into remotely piloted, optionally piloted, and fully autonomous. Optionally piloted segment is expected to register a significantly rapid revenue growth rate over the forecast period because of its increasing use in precision agriculture, disaster relief, traffic monitoring, and building inspection.   </p>

<p>Fully autonomous segment is expected to register a steady revenue growth rate over the forecast period. It comprises a command delivery system and a flight planning system, which calculates the flight route and range before the operation. The ground operator has no involvement and the drones control everything. These are high-payload mission-based unmanned aerial vehicles drones manufactured in several countries for particular missions. </p>

<p>Based on type, the drone inspection and monitoring market is segmented into fixed wing, multirotor, and hybrid. Hybrid segment is expected to register a considerably rapid revenue growth rate over the forecast period owing to the increased investment in the development of hybrid Vertical Take-Off and Landing (VOTL) fixed wing unmanned aircraft systems. The significant usage of hybrid drones in various applications such as pipeline monitoring and inspection, offshore platform inspection, wind turbine inspection, <a href="https://www.emergenresearch.com/industry-report/virtual-power-plant-market">power plant </a>inspection, solar panel inspection, and others are expected to drive growth of the segment during the forecast period. Hybrid drones can help make drone package delivery a reality and improve crop imaging, military surveillance, emergency response, and remote infrastructure inspection capabilities, among other things. The technique might open the road for human flying as the firm develops hybrid drone power sources. </p>

<p>Based on application, the drone inspection and monitoring market is segmented into agriculture, construction and infrastructure, oil and gas, mining, utilities, and others. Construction and infrastructure segment is expected to register a significantly rapid revenue growth rate over the forecast period owing to increasing use of drone-based inspection and monitoring for buildings owing to drone technology's high-quality, accurate, and cost-effective data processing. Creating building site maps became complicated and time-consuming. A drone can easily visit any section of the site while gathering all information and footage and transferring it in real-time to computer mapping software. Drones can perform real-time inspections of high-risk regions, eliminating the need to send people there. This improves site health and safety, a top focus for construction companies. </p>

<p>Based on end-use, the drone inspection and monitoring market is segmented into pipeline monitoring and inspection, offshore platform inspection, wind turbine inspection, power plant inspection, solar panel inspection, and others. Pipeline monitoring and inspection segment is expected to lead in terms of revenue contribution to the global market during the forecast period. Rising adoption of drones for new oil rigs and exploration operations in countries in Asia Pacific and Europe is expected to drive growth of the segment. </p>

<p>North America drone inspection and monitoring market is expected to account for larger revenue share than other regional markets during the forecast period owing to robust presence of major companies such as Lockheed Martin Corporation, AeroVironment, Inc. Qualcomm Technologies, Inc., among others in countries in the region. Increased demand for drone inspection and monitoring in the oil and gas, agricultural and forestry, and energy and utility industries is expected to boost revenue growth of the market. Moreover, in order to better fulfill the expectations of these and other industries, market players are incorporating advanced technologies into the solutions, such as Machine Learning (ML), Internet Of Things (IoT), and computer vision. This is expected to drive growth of the market in the near future. </p>

<p>Asia Pacific is expected to register a significantly robust revenue growth rate during the forecast period owing to an increase in unmanned aircraft systems and unmanned aerial vehicle service providers in developing countries such as China and India.  Increasing demand for drones in emerging countries, where drones are frequently used for inspection and monitoring activities in the agriculture and utility sectors, is also expected to drive market revenue growth during the forecast period. </p>

<p>Europe is expected to expand at a steady CAGR during the forecast period owing to increased wind turbine installation across the region. </p>

<p>The drone inspection and monitoring market is fairly fragmented, with number of large and medium-sized market companies accounting for majority revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective drone inspection and monitoring solutions in the market. Some major companies included in the market report are: </p>

<ul><li>Aerodyne Group </li><li>SZ DJI Technology Co. Ltd. </li><li>AeroVironment, Inc. </li><li>Sky Futures Partner Ltd. </li><li>Lockheed Martin Corporation </li><li>BAE Systems PLC </li><li>Qualcomm Technologies Inc. </li><li>AgEagle Aerial Systems Inc. </li><li>Teledyne FLIR LLC </li><li>Israel Aerospace Industries </li> </ul>

<ul><li>In October 2021, Teledyne FLIR LLC launched 10N M640x Next Gen Tactical Quadcopter. The ION M640x has a 640x512 infrared sensor with double the resolution of comparable Unmanned Aircraft System (UAS) and a Near-Infrared (NIR) laser illuminator. The NIR illuminator allows operators to identify items of interest for better coordination and visibility among mission participants. The ION M640x also has all-new smart object tracking, allowing operators to specify an item for the aircraft to identify and track as it moves. Other new features include an SD card for storing images and videos taken during flight and tri-band radio capability. </li><li>In October 2021, AgEagle Aerial Systems Inc., MicaSense RedEdge-P Drone Sensor Unveiled by AgEagle. The all-new RedEdge-P extends on the tradition of the reliable, high-quality multispectral sensor that the market is dependent on by adding the power of a higher resolution, panchromatic band to twice the output data resolution. It has three times the capture speed and twice the spatial resolution of the RedEdge-MXTM. A single camera system works with a wide range of drone aircraft, from huge fixed wings to small multirotor. The RedEdge-P takes calibrated high-resolution multispectral and Red Green Blue (RGB) imagery with an optimized field of view and capture rate for efficient flights. This technology seamlessly blends a high resolution, all-color imager with synchronized multispectral imagers to allow pixel-aligned outputs at previously unachievable resolutions while retaining the efficiency and dependability of its RedEdgeTM legacy. Data outputs will be processed using industry-standard software platforms, such as AgEagle's Measure Ground Control. </li> </ul>

<p>Revenue forecast, company ranking, competitive landscape, growth factors, and trends </p>

<p>Solution, technology, type, application, end-use, Region </p>

<p>North America; Europe; Asia-Pacific; Latin America; Middle East & Africa </p>

<p>U.S., Canada, Mexico, Germany, U.K., France, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, Rest of MEA </p>

<p>Aerodyne Group, SZ DJI Technology Co. Ltd, AeroVironment, Inc., Sky Futures Partner Ltd., Lockheed Martin Corporation, BAE Systems PLC, Qualcomm Technologies Inc., AgEagle Aerial Systems Inc., Teledyne FLIR LLC, and Israel Aerospace Industries </p>

<p>10 hrs of free customization and expert consultation </p>

<p>For the purpose of this report, Emergen Research has segmented drone inspection and monitoring market on the basis of solution, technology, type, application, end-use, and region: </p>

<ul><li><div>Solution Outlook (Revenue, USD Billion; 2019–2030) </div><ul><li>Software </li><li>Services </li><li>Platform </li><li>Infrastructure </li> </ul> </li> </ul>

<ul><li><div>Technology Outlook (Revenue, USD Billion; 2019–2030) </div><ul><li>Remotely Piloted </li><li>Optionally Piloted </li><li>Fully Autonomous </li> </ul> </li> </ul>

<ul><li><div>Type Outlook (Revenue, USD Billion; 2019–2030) </div><ul><li>Fixed Wing </li><li>Multirotor </li><li>Hybrid </li> </ul> </li> </ul>

<ul><li><div>Application Outlook (Revenue, USD Billion; 2019–2030) </div><ul><li>Agriculture </li><li>Construction and Infrastructure </li><li>Oil and Gas </li><li>Mining </li><li>Utilities </li><li>Others </li> </ul> </li> </ul>

<ul><li><div>End-Use Outlook (Revenue, USD Billion; 2019–2030) </div><ul><li>Pipeline Monitoring and Inspection </li><li>Offshore Platform Inspection </li><li>Wind Turbine Inspection </li><li>Power Plant Inspection </li><li>Solar Panel Inspection </li><li>Others </li> </ul> </li> </ul>

<ul><li><div>Regional Outlook (Revenue, USD Billion, 2019–2030) </div><ul><li>North America </li> </ul> </li> </ul>

Drone Inspection and Monitoring Industry Trend | Drone Inspection and Monitoring Market Report 2021-2030

Drone Inspection and Monitoring Market: A Study of the Industry's Evolving Landscape

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