Drone Land Surveying Market

Drone Land Surveying Market Outlook (2023 to 2033)

The global drone land surveying market is estimated to achieve a valuation of US$ 761.1 million in 2023. The market is expected to further grow at a CAGR of 24.1% over the next 10 years and is set to enjoy a market value of US$ 6593.8 million by the end of 2033.

The market accounts for 53% of the total drone surveying market, and 11.3% of the total drone service market.

Report Attributes	Details
Market Size (2022A)	US$ 613.3 Million
Estimated Market Value (2023E)	US$ 761.1 Million
Forecasted Market Value (2033F)	US$ 6593.8 Million
Global Market Growth Rate (2023 to 2033)	24.1% CAGR
North America Market Share (2022)	~35%
East Asia Market Growth Rate (2023 to 2033)	~25.1% CAGR
United States Market Growth Rate (2023 to 2033)	~21.7% CAGR
Key Companies Profiled	3DroneMapping; Aerial Robotix; Aerial Vision Ltd; AerialWorks Inc.; AERIUM Analytics; Aerodrome; Aeroview Services; Aeroworks Productions; Afridrones; Artrabia; Astral Aerial Solutions; AUAV; AviSight; Celestis; DATA PKT Aviation; DeltaDrone; DJM Aerial Solutions; Drone Dispatch; Drone Evolution; Dronegy; Drontek Aerial Solution; Firmatek

Drone Land Surveying Market to Grow Amid Growing Infrastructural Spending

The global drone market is poised to become one of the most important and fastest-growing markets across other major industries. Drone surveying is an important segment/service provided by drone services companies. Among other drone surveying services, drone land surveying services command the largest demand.

The demand for drone land surveying services is increasing and the market players have been receiving demand across different sectors such as energy, construction, mining, agriculture, and transportation among others. The market players are betting huge, specifically on the agriculture and energy market to contribute most to their overall demand in the coming future.

• Short Term (2023 Q1-2026): The market is taking a clue from the overall drone services market and is expected to expand its service offering in land surveying services. The industry will also witness the entry of many new start-ups in the drone land surveying market.
• Medium Term (2026 to 2029): With rules and regulations becoming more clear about the uses of drones for surveying purposes, the market is expected to witness manifold growth in their demand. East and South Asian countries witness the highest demand growth.
• Long Term (2029 to 2033): Continuous technological advancement to shape the future of the global market. It is expected that the scope of the end-use industry will expand and more sectors will be entertained by the drone land surveying companies.

According to Fact.MR, a market research and competitive intelligence provider, the global market is expected to grow at a CAGR of 22.1% during the forecast period of 2023 to 2033.

The above image depicts the market analysis of the drone land surveying industry based on the end-use industry and region. Under the end-use industry, the construction industry accounts for 33% of the total market shares.

Factors Enabling the Demand for Drone Land Surveying Services

“Increased Governments Spending on Infrastructural Development”

Governments across the globe are spending huge amounts of money on infrastructural development and drone surveying companies are playing an important role by providing easy, precise, and quick services.

Before starting any kind of infrastructural development, a company/government has to decide the area/land where the construction will be done. Once the land/area is decided, a survey will be taken out by the drone land surveying companies to identify the total area of the land, then the drone will take multiple photos and videos from different angles, and ultimately convert those captured images/videos into meaningful insights. The drone land surveying companies cover projects like roads, railways, bridges, and dams among others.

“Precise and Quick Deliverables Are Creating Huge Demand”

In comparison to the traditional way of surveying, drone surveying takes less amount of time and money, and also deliver transparent and precise deliverable in a quick time. As a result, drone land surveying companies are witnessing increased demand for their services.

Given their size and speed, drones can carry out a survey in 1/4th of the time taken by the traditional methods of land survey. The findings and the data collected through the drone surveys can be immediately produced and complete transparency and accuracy. The drone land survey can be performed in remote areas also where a survey can be taken out by traditional methods.

Factors Affecting the growth of the Drone Land Surveying Market

“Lack of Trained Professional”

The overall drone market has been there for the last ~10 years. However, there are certain segments of the drone service market, which are relatively new, and there is a lack of trained professionals to perform such tasks. Though the majority of the work is being performed by autonomous drones, however, there are certain areas where the industry needs trained professionals to carry out the services.

The drone land surveying market is in its early state, and it will take a good amount of time and effort to become more organized in comparison to what it is today. The services providers are facing an acute amount of shortage of skilled and professional workforce to carry out drone land surveying services. It is expected that the industry will be able to mitigate the current shortage of skilled workforce in the forthcoming period.

Country-wise Insights

The US Drone Land Surveying Market to Remain, Undisputed Industry Leader

The US drone industry is one of the most mature in terms of demand and supply. There is an abundance of opportunities for drone service providers to cater in the US. The US drone land surveying market is expected to reach a market valuation of US$ 239.7 million by the end of 2023.

The demand for drone land surveying has been on the rising spree from commercial, residential, and government end. Commercial spaces like energy, mining, and agricultural companies are demanding huge of services from drone surveying companies to carry out land surveys. Surveys carried out by drones are relatively cost-effective and also quick in comparison to the traditional methods of surveys. The US drone land surveying market is expected to continue to grow amid rising spending from the governments on infrastructural development.

India to Provide the Biggest Market Opportunity

India as an economy is still in its progressive phase despite being the 5th largest economy in the world. World Bank in its earlier release of data for GDP growth rate, placed India as one of the fastest-growing economies in the world. The Indian government has also put the necessary measures in place to support the economy and drone market.

Apart from being a most promising market for drone manufacturing and services market, the drone market is getting all the required help from the government. Industries such as energy, mining, real estate, transportation, and, agriculture are among the few of the major end-use industries for the drone land surveying market. The Indian drone land surveying market is expected to grow at a CAGR of 27.3% over the next 10 years. India also accounts for a few of the notable drone service companies, which have made a market at the global level. Industries are trying to adopt drones into their operation at a large scale. Especially, infrastructure development and energy & mining companies are spending a good amount of money on deploying drones for land surveying services.

Category-wise Insights

Site Survey to Command Largest Market Share

Under land survey services, drones can perform multiple different kinds of specific surveys like boundary surveys, topographic surveys, construction surveys, site surveys, and location surveys among others. Site surveys are one of the most in-demand surveys across the different end-use industries.

Currently, site surveys contribute 20% of the total revenue generated by drone land surveying companies. Site surveys help the client in obtaining the required information before commencing the planning and development of the particular project. With the help of drone land surveys, companies are able to have a look at the current proposed site, and can also have an idea about the dimension and layout of the site this information, results in well-informed and accurate decisions.

Agriculture Industry to Witness Fastest Growth Rate

The agriculture industry is one of the important sectors in the world. In the past, the agriculture industry has witnessed tremendous technological advancement which has helped the industry in improving the yield and reducing human effort.

The agriculture industry commands 18% of the total demand for drone land surveying services, and it is expected to grow at a higher double-digit rate during the forecast period. With the help of drone land surveying services, farmers/companies get high-resolution images and videos of the farmland, which ultimately help them make informed decisions. Land surveys performed by drones have been proven to be cost-effective and quick in turnaround time, which obviously helps the end-users.

Competitive Landscape

The key players associated with the drone land surveying market are 3DroneMapping, Aerial Robotix, Aerial Vision Ltd, AerialWorks Inc., AERIUM Analytics, Aerodrome, Aeroview Services, Aeroworks Productions, Afridrones, Artrabia, Astral Aerial Solutions, AUAV, AviSight, Celestis, DATA PKT Aviation, DeltaDrone, DJM Aerial Solutions, Drone Dispatch, Drone Evolution, Dronegy, Drontek Aerial Solution, Firmatek.

The global drone land surveying market is largely unorganized owing to the presence of many small and medium-scale enterprises serving the client. Currently, the market is not dominated by any single entity or group of players. However, the industry has been receiving quite a funding from private equity and venture capitalists. The industry also saw a few mergers and acquisitions in the recent past.

• In November 2022, Garuda, an Indian-based drone startup received US$ 5 million of funding from a group of investors to make advanced drone solutions for the Indian Armed Forces.
• In April 2022, TSAW, a drone logistic platform raised US$ 325K from a group of investors.
• In November 2021, Flytrex received US$ 40 million of funding from a group of investors. The fund will be used to improve drone delivery services.

Fact.MR has provided detailed information about the providers of drone land surveying services positioned across regions, revenue growth, and service offering expansion, in the recently published report.

Segmentation of the Drone Land Surveying Industry

• By Type :

  • Boundary Survey
  • ALTA Survey
  • Topographic Survey
  • Construction Survey
  • Contour Survey
  • Layout & Demarcation Survey
  • Site Survey
  • Location Survey
  • Subdivision Survey
  • Mining Surveys

• By End-Use Industry :

  • Energy
  • Construction
  • Transportation & Warehouse
  • Agriculture
  • Mining, Oil & Gas Extraction
  • Public Administration
  • Real Estate & Industrial Plant

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa