What is the global market size of Drones in Energy Sector Market?

Drones in Energy Sector Market size was valued at USD 150.9 million in 2021 and is poised to grow from USD 178.36 million in 2022 to USD 699.5 billion by 2030, at a CAGR of 18.68% during the forecast period (2023-2030).

Drones in Energy Sector Market Size, Share, Growth Analysis, By Application(Pipeline Monitoring and Inspection, Offshore Platform Inspection, Wind Turbine Inspection, Power Plant Inspection), By Type(Multirotor, Fixed Wing, and Hybrid), By Region - Industry Forecast 2025-2032

Report ID: SQMIG45I2186 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 66 | Figures: 73

Drones in Energy Sector Market Dynamics

Drones in Energy Sector Market Drivers

Increasing Usage of Wind Turbine to Bolster Market Growth

In this several regions across the globe, the rising number of installation of new wind turbines and other renewable energy sources is expected to propel the market growth of Drone surveillance in energy sector in future.Many country have aimed to reduce their carbon emissions, therefore they are shifting to renewable energy sources which has led to increasing the installation of wind energy as well as solar energy that led to the growing drones in energy sector.Along with aid, the rising use of AI triple drones for renewable energy inspection will further facilitate the growth of market.

Drones in Energy Sector Market Restraints

Lack of Skilled Workers to Hinder Market Growth

The efficient operation of Thrones for the inspection of offshore and onshore structures is vital and can be done with the help of experienced and skilled drone pilots. Due to the lack of search efficient pilots the drone in the energy sector market is likely to get hampered.

Drones in Energy Sector Market Report Snapshots

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Drones in Energy Sector Market size was valued at USD 563.31 Million in 2023 and is poised to grow from USD 691.74 Million in 2024 to USD 3661.02 Million by 2032, growing at a CAGR of 22.8% during the forecast period (2025-2032).

Competition in the global Drones in Energy Sector market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of devices compatible with Drones in the Energy Sector will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Aerodyne Group (Malaysia)', 'Aesthetix Global (UAE)', 'Airobotics Ltd. (Israel)', 'Azure Drone SAS (France)', 'BAE Systems Inc. (U.K.)', 'Cyberhawk Innovations Limited (U.K.)', 'Martek Aviation (U.K.)', 'Mistras Group (U.S.)', 'Percepto (Israel)', 'SEIKEY Srl (Italy)', 'Sky-Futures Ltd (U.K.)', 'Sphere Drones (Australia)', 'Terra Drone Corp. (Japan)', 'Viper Drones (U.S.)', 'Avitas Systems, Inc. (U.S.)', 'Australian UAV Pty Ltd (Australia)', 'Qualcomm Technologies (U.S)', 'Texo DSI (U.K.)'

In this several regions across the globe, the rising number of installation of new wind turbines and other renewable energy sources is expected to propel the market growth of Drone surveillance in energy sector in future.Many country have aimed to reduce their carbon emissions, therefore they are shifting to renewable energy sources which has led to increasing the installation of wind energy as well as solar energy that led to the growing drones in energy sector.Along with aid, the rising use of AI triple drones for renewable energy inspection will further facilitate the growth of market.

Combining the drone with advanced laser and sensor technology based system and components has helped the drone industry to enter in the energy sector.A I powered true sign integration of it with IIT has been the major trend among the drone industry which led to the increase of usage of it in energy sector.Light detection and ranging unmanned aerial systems are highly preferred for oil and gas rig inspection purposes.This technological advancement has helped the drone industry in energy sector to grow.

Globally, North America is estimated to hold the highest global Drones in Energy Sector market share. Main factors during this growth period are the presence of top market players,Increasing demand,Integration with various technologies and others.

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Drones in Energy Sector Market Size, Share, Growth Analysis, By Application(Pipeline Monitoring and Inspection, Offshore Platform Inspection, Wind Turbine Inspection, Power Plant Inspection), By Type(Multirotor, Fixed Wing, and Hybrid), By Region - Industry Forecast 2025-2032

Drones in Energy Sector Market Dynamics

Drones in Energy Sector Market Report Snapshots

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