Drone Construction Monitoring Market
Drone Construction Monitoring Market Analysis, By Drone Type (Fixed Wing Drone, Rotary Wing Drone), By End Use (Industrial, Commercial, Military), By Application (Surveying Land, Infrastructure Inspection, Security & Surveillance, Others), and Region - Global Market Insights 2023 to 2033
Analysis of Drone Construction Monitoring Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Drone Construction Monitoring Market Outlook (2023 to 2033)
The global drone construction monitoring market is expected to reach valuation of US$ 318.2 million in 2023 and further progress at a CAGR of 13.6% to reach US$ 1,149.0 million by the end of 2033.
In 2023, the global drone services market is estimated to be valued around US$ 6.6 billion. While the drone inspection service market will be valued at US$ 2.0 billion. In terms of value the adoption of drone construction monitoring will account for nearly 16% share of the global drone inspection service market at the end of 2023.
Report Attributes | Details |
---|---|
Drone construction monitoring Market Size (2022A) | US$ 275.0 million |
Estimated Market Value (2023E) | US$ 318.2 million |
Forecasted Market Value (2033F) | US$ 1,149.0 million |
Global Market Growth Rate (2023 to 2033) | 13.6% CAGR |
North America Market Share (2022) | ~30.1% |
North America Market Value (US$ Mn), 2023 | US$ 95.8 million |
Europe Market Share (%), 2023 | ~25.3% |
Europe Market Value (US$ Mn), 2023 | US$ 80.4 million |
China Market Share (%), 2023 | ~ 12.3% |
China Market Value (US$ Mn) | US $ 39.1 million |
Market Share of Top 3 Countries | ~41% |
Key Companies Profiled | 3d Robotics Inc.; Aerialtronics; AeroVironment Inc.; Delair; DJI; Dronedeploy Inc.; Kespry Inc.; Parrot Drone SAS; Precisionhawk Inc.; Skydio Inc.; SZ DJI Technology Co. Ltd. (iFlight Technology Company Limited); Teledyne Flir LLC (Teledyne Technologies); Trimble Inc.; Yuneec International Co. Ltd. |
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Adoption Analysis of Drone Construction Monitoring (2018 to 2022) Vs. Market Outlook (2023 to 2033)
The growth of the global drone construction monitoring market is expected to be driven by factors such as increasing demand for safe and accurate inspection and surveillance equipment as well as rising advancements in drone technology. Additionally, increasing use of drones as a remote visual inspection system for critical infrastructure applications is also fueling the growth of the overall market.
Construction drones are increasingly being used for activities such as surveying, geographic mapping, and infrastructure inspections due to several benefits, including: real-time data collection, precise image capture, and access to hazardous areas. In addition, the remote control and battery allow remote or on-site operation. Based on above factors, drone construction monitoring revenue is projected to reach US$ 318.2 million by 2023, pacing at a CAGR of 13.6% till 2033.
- Short Term (2023 Q1 to 2026): Increasing rapid urbanization will positively impact drone construction monitoring market growth.
- Medium Term (2026 to 2029): North America and Europe are anticipated to witness comparatively high drone construction monitoring demand due to increasing residential and non-residential activities.
- Long Term (2029 to 2033): Adopting latest advanced technology can open new opportunities like 3D models for drone construction monitoring market.
From 2018 to 2022, the global market for drone construction monitoring registered a CAGR of 8.2%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 13.6% CAGR between 2023 and 2033.
Market share analysis of drone construction monitoring based on end use industry and region is provided in the above image. Under the end use segment, commercial sub-segment dominates with 54.2% market share in 2023.
What’s Driving High Demand for Drone Construction Monitoring Across World?
“Increasing Construction Projects to Elevate the Drone Construction Monitoring Market Growth”
Construction drone monitoring enables site surveillance, measuring road and structure dimensions, and improved communication through image and map interpretation. It is also used for infrared imagery, thermal censored imagery, night vision imagery, and capturing geological locations. Thus, the diverse advantages of drones on construction sites are fueling the market growth.
Drone monitoring system is useful in construction projects from the point of site survey to the completion of projects such as surveys, inspections and surveillance. The increasing demand for construction monitoring drones is due to the rapid development of the construction industry worldwide as these tasks can be completed efficiently and quickly by construction drones compared to humans. Therefore, the drone construction monitoring valuation is projected to increase to US$ 318.2 million by 2023.
“Increasing End-Use Applications to Enhance the Demand of Drone Construction Monitoring”
Construction drones are used for security and surveillance of materials, people and machines on construction sites to ensure workplace safety. Construction drones can be operated manually or automatically. Exponential population growth and rapid urbanization have increased residential and non-residential construction activity globally, increasing the need for land surveying and infrastructure inspection.
This can be done economically and efficiently with construction drones. For example, Austria-based construction company STRABAG used a DJI Phantom 4 RTK drone to survey roads and pipelines. Therefore, all these factors are expected to drive the growth of the global construction drone market during the forecast period. Thus, the market growth for global drone construction monitoring is expected to increase to a valuation of US$ 1,149.0 million by 2033.
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What Do Drone Construction Monitoring Service Providers Need to Watch Out for?
Lack of Skilled Manpower Can Hamper the Market Growth”
Design, development, and operation of drone monitoring system require specialized skills; hence, lack of skilled manpower is expected to hinder the growth of construction drone monitoring market during the forecast period. In addition, drone construction is a complicated assembly of camera, battery, remote control, propeller, and GPS antenna.
These components are expensive, and the prices fluctuate frequently, thereby negatively impacting the profit margin of service providers. This is expected to hamper the growth of construction drone market during the forecast period. As a result, this may
Country-wise Insights
Why the U.S. is Expected to Drive Drone Construction Monitoring Demand?
In North America, the market for construction monitoring system is becoming increasingly alluring. The North American region will hold a sizable market share due to its strong presence throughout the forecast period. One of the key markets in North America is the U.S.
The government's role in promoting the use of technology for high-quality construction projects has fueled the market growth in the country. The high rate of software adoption in the region and the abundance of construction management firms are also credited with the growth.
Market players in the country are focused on incorporating advanced technologies such as machine learning (ML), Internet of Things (IoT), and computer vision into their solutions to secure their position in the market. Therefore, the U.S. drone construction monitoring market is expected to reach US$ 83.6 million by 2033.
Why is Chinese Drone Construction Monitoring Market Expected to Be Highly Lucrative?
China is expected to witness significantly robust revenue growth during the forecast period owing to an increase in drone construction monitoring system providers. China stands as one of the fastest growing economy, developing across all industry verticals including construction industry.
The need for monitoring and regulating these ongoing developments has been creating ample demand for the drone construction monitoring surpassing a valuation of US$ 39 million in 2023.
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Category-wise Insights
Why is Infrastructure Inspection a Popular Segment in Drone Construction Monitoring Market?
One of the main drivers fueling the growth of the infrastructure inspection market is inspection due to the time efficiency the system offers. Systems for inspecting infrastructure can increase security and output.
The increased demand for extensive inspections along with the increasing application of UAV technology across numerous sectors spurs market expansion. The market is being driven further by the use of infrastructure inspection technology to improve efficiency and safety, reduce overall costs, and improve quicker reaction times.
The technology is seen as being of great value because it provides the infrastructure manager with crucial data needed to understand the status of the infrastructure. These tools help with efficient infrastructure management. Owing to the above facts, infrastructure inspection in application segment of the drone construction monitoring market is anticipated to generate a valuation of US$ 62.9 million in 2023.
Why There Is Big Opportunity for Military in End Use Drone Construction Monitoring Market?
The military is spending a significant amount of money bolstering its military capabilities and surveillance efforts due to the fact that the worldwide political landscape has grown extremely dangerous, with even the conflict between Ukraine and Russia playing a role. With a significant 18.2% market share, the military drone category helps drive the industry.
Due to the government's increasing defense spending, the segment is expected to grow at a valuation of US$ 58.0 million in 2023. While, commercial drones are expected to grow at a 54.2% market share over the next decade.
Competitive Landscape
Prominent drone construction monitoring service providers are 3d Robotics Inc., Aerialtronics, Delair, Dronedeploy Inc., Kespry Inc., Parrot Drone SAS, Precisionhawk Inc., Skydio Inc., SZ DJI Technology Co. Ltd. (iFlight Technology Company Limited), Teledyne Flir LLC (Teledyne Technologies), Yuneec International Co. Ltd., Trimble Inc., AeroVironment Inc., DJI
Many companies focus on acquisitions, partnerships and collaborations that are examples of non-organic growth strategies observed in the market. These actions have helped market participants to expand their customer base and business. Incorporation of artificial intelligence and machine learning like advanced technologies can help make drones smart and more efficient with potential risk determination at construction sites saving thousands of lives. Such advance products have high success potential in the market in the upcoming future.
Some of the key developments are
- In June 2021, Kitty Hawk acquired 3D Robotics, aircraft maker Kitty Hawk builds electric aircraft, and is ultimately backed by the co-founders of Google.
Fact.MR has provided detailed information about the price points of key service providers of drone construction monitoring positioned across regions, adoption of services, monitoring system, and speculative technological expansion, in the recently published report.
Segmentation of Drone Construction Monitoring Industry Research
-
By Drone Type :
- Fixed Wing Drone
- Rotary Wing Drone
-
By End Use :
- Industrial
- Commercial
- Military
-
By Application :
- Surveying Land
- Infrastructure Inspection
- Security & Surveillance
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East and Africa (MEA)
Table of Content
- 1. Global Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market - Pricing Analysis
- 5. Global Market Value (US$ million) Analysis and Forecast
- 6. Global Market Analysis and Forecast, By Drone Type
- 6.1. Fixed Wing
- 6.2. Rotary Wing
- 7. Global Market Analysis and Forecast, By End Use
- 7.1. Industrial
- 7.2. Commercial
- 7.3. Military
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Surveying Land
- 8.2. Infrastructure Inspection
- 8.3. Security & Surveillance
- 8.4. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Product Launch Software Competition Analysis
- 18.1. 3d Robotics Inc.
- 18.2. Aerialtronics
- 18.3. Delair
- 18.4. Dronedeploy Inc.
- 18.5. Kespry Inc.
- 18.6. Parrot Drone SAS
- 18.7. Precisionhawk Inc.
- 18.8. Skydio Inc.
- 18.9. SZ DJI Technology Co. Ltd. (iFlight Technology Company Limited)
- 18.10. Teledyne Flir LLC (Teledyne Technologies)
- 18.11. Yuneec International Co. Ltd.
- 18.12. Trimble Inc.
- 18.13. AeroVironment Inc.
- 18.14. DJI
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) and Historic by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market and Historic by Region, 2018 to 2022
Table 4: Global Market and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 7: Global Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 8: Global Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 9: Global Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 11: North America Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 12: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 13: North America Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 15: North America Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 16: North America Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 17: North America Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 19: Latin America Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 20: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 21: Latin America Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 22: Latin America Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 23: Latin America Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 24: Latin America Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 25: Latin America Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 27: Europe Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 28: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 29: Europe Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 30: Europe Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 31: Europe Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 32: Europe Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 33: Europe Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 34: Europe Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 35: East Asia Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 36: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 37: East Asia Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 38: East Asia Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 39: East Asia Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 40: East Asia Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 41: East Asia Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 42: East Asia Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 43: South Asia & Oceania Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 44: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 45: South Asia & Oceania Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 46: South Asia & Oceania Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 47: South Asia & Oceania Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 48: South Asia & Oceania Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 49: South Asia & Oceania Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 50: South Asia & Oceania Market Value (US$ million) and Forecast by Application, 2023 to 2033
Table 51: South Asia & Oceania Market Value (US$ million) and Historic by End-Use, 2018 to 2022
Table 52: South Asia & Oceania Market Value (US$ million) and Forecast by End-Use, 2023 to 2033
Table 53: MEA Market Value (US$ million) and Historic by Country, 2018 to 2022
Table 54: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 55: MEA Market Value (US$ million) and Historic by Drone Type, 2018 to 2022
Table 56: MEA Market Value (US$ million) and Forecast by Drone Type, 2023 to 2033
Table 57: MEA Market Value (US$ million) and Historic by End Use, 2018 to 2022
Table 58: MEA Market Value (US$ million) and Forecast by End Use, 2023 to 2033
Table 59: MEA Market Value (US$ million) and Historic by Application, 2018 to 2022
Table 60: MEA Market Value (US$ million) and Forecast by Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) and by End Use, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 9: Global Market Value (US$ million) and by Application, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 11: North America Market Value (US$ million) and Forecast, 2023 to 2033
Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 13: North America Market Value (US$ million) and by Country, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 15: North America Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 17: North America Market Value (US$ million) and by End Use, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 19: North America Market Value (US$ million) and by Application, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 21: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 25: Latin America Market Value (US$ million) and Forecast, 2023 to 2033
Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 27: Latin America Market Value (US$ million) and by Country, 2023 & 2033
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 29: Latin America Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 30: Latin America Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 31: Latin America Market Value (US$ million) and by End Use, 2023 & 2033
Figure 32: Latin America Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 33: Latin America Market Value (US$ million) and by Application, 2023 & 2033
Figure 34: Latin America Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 35: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 37: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 38: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 39: Europe Market Value (US$ million) and Forecast, 2023 to 2033
Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 41: Europe Market Value (US$ million) and by Country, 2023 & 2033
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 43: Europe Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 44: Europe Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 45: Europe Market Value (US$ million) and by End Use, 2023 & 2033
Figure 46: Europe Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 47: Europe Market Value (US$ million) and by Application, 2023 & 2033
Figure 48: Europe Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 49: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 50: Europe Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 51: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 53: East Asia Market Value (US$ million) and Forecast, 2023 to 2033
Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: East Asia Market Value (US$ million) and by Country, 2023 & 2033
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 57: East Asia Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 58: East Asia Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 59: East Asia Market Value (US$ million) and by End Use, 2023 & 2033
Figure 60: East Asia Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 61: East Asia Market Value (US$ million) and by Application, 2023 & 2033
Figure 62: East Asia Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 63: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 64: East Asia Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 65: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 66: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 67: South Asia & Oceania Market Value (US$ million) and Forecast, 2023 to 2033
Figure 68: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 69: South Asia & Oceania Market Value (US$ million) and by Country, 2023 & 2033
Figure 70: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 71: South Asia & Oceania Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 72: South Asia & Oceania Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 73: South Asia & Oceania Market Value (US$ million) and by End Use, 2023 & 2033
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 75: South Asia & Oceania Market Value (US$ million) and by Application, 2023 & 2033
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 77: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 78: South Asia & Oceania Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 79: South Asia & Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 80: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 81: MEA Market Value (US$ million) and Forecast, 2023 to 2033
Figure 82: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 83: MEA Market Value (US$ million) and by Country, 2023 & 2033
Figure 84: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 85: MEA Market Value (US$ million) and by Drone Type, 2023 & 2033
Figure 86: MEA Market Y-o-Y Growth Rate by Drone Type, 2023 to 2033
Figure 87: MEA Market Value (US$ million) and by End Use, 2023 & 2033
Figure 88: MEA Market Y-o-Y Growth Rate by End Use, 2023 to 2033
Figure 89: MEA Market Value (US$ million) and by Application, 2023 & 2033
Figure 90: MEA Market Y-o-Y Growth Rate by Application, 2023 to 2033
Figure 91: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 92: MEA Market Attractiveness Analysis by Drone Type, 2023 to 2033
Figure 93: MEA Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 94: MEA Market Attractiveness Analysis by Application, 2023 to 2033
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Competitive landscape highlights only certain players
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- FAQs -
What is the global drone construction monitoring market size?
The global drone construction monitoring market is expected to be at US$ 318.2 million in 2023.
Which drone construction monitoring drone type holds the highest market share?
Rotary wing drone will account for 79.1% share of the global market in 2023.
Which regional market accounts for a leading market share?
North America leads the global drone construction monitoring market accounting for 30.1% market share in 2023.
How is the market for drone construction monitoring expected to fare in the future?
Worldwide demand for drone construction monitoring is anticipated to reach US$ 1,149.0 million by 2033-end.
How did the market perform over the past few years?
During 2018 to 2022, adoption of drone construction monitoring increased at 8.2% CAGR.