Drone Tower Inspection Market
Drone Tower Inspection Market Analysis By Drone Type (Fixed Wing, Rotary, Hybrid Wing), By Operation (Remotely Piloted, Optionally Piloted, Fully Autonomous), By End Use Industry (Telecommunication, Energy and Power, Construction and Mining, Others), and Region - Global Market Insights 2023 to 2033
Analysis of Drone Tower Inspection Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Drone Tower Inspection Market Outlook (2023 to 2033)
The drone tower inspection market is estimated to reach valuation of US$ 298.3 million in 2023 and will top US$ 1,397.6 million by 2033, growing with a CAGR of around 16.7% from 2023 to 2033.
In 2023, the global drone services market is estimated to be valued around US$ 6.6 billion, while the drone inspection service market is to be valued at US$ 2.0 billion. Drone tower inspection is one of the prominent segment in revenue generation from drone inspection service market, wherein services for tower inspection accounted for nearly 15% share of the global drone inspection service market at the end of 2022.
Report Attributes | Details |
---|---|
Market Size (2022A) | US$ 248.5 million |
Estimated Market Value (2023E) | US$ 298.3 million |
Forecast Market Value (2033F) | US$ 1,397.6 million |
Global Market Growth Rate (2023 to 2033) | 16.7% CAGR |
North America Market Share (2023) | 29.2% |
North America Market Value (2023) | US$ 87.2 million |
Europe Market Share (2023) | 32.1% |
Europe Market Value (2023) | US$ 95.9 million |
China Market Share (2023) | 13.0% |
China Market Value (2023) | US$ 38.9 million |
Market Share of Top 3 Countries | 41.1% |
Key Companies Profiled | ABJ RENEWABLES; Aerial and Drone Services; Connor; Dronegenuity; Gale-Force Drone; Intertek Group plc; Mile High Drones LLC; My Drone Services; NADAR Drone Company; Shulins'Solutions LLC; Thermal Horizons; US Infrared Inspections; Valmont Industries, Inc. |
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Deployment Analysis of Drone Tower Inspection (2018 to 2022) Vs. Forecast Market Outlook (2023 to 2033)
With growing advancements and sophistication in technology, drones are being used more and more for important duties. The use of drones to conduct normal or urgent inspections of transmission, communication, and cell towers is a prime illustration of the widespread use of drone technology.
The efficiency of your maintenance operations can be considerably improved by automating and repeating the drone inspection procedures. The advantage of using drones for risk assessment is that they do not expose people to unnecessary risk and work more efficiently in several cases.
Communication or broadcast towers are considered critical infrastructure. Businesses depend on them for normal operations, and even our day-to-day operations are completely dependent on the proper functioning of the towers. Regular inspection is in itself an important part of tower maintenance.
Owing to the rising importance of towers in various end use industries and its consequent expansion, the demand for the drone tower inspection services will also increase.
- Short Term (2023 Q1 to 2026): Increasing integration of IoT across varied domains of life expected to create huge demand for drone tower inspection in the immediate future.
- Medium Term (2026 to 2029): Many developed and developing countries are anticipated to witness comparatively high demand for such tower inspection services due to the growing importance of tower maintenance.
- Long Term (2029 to 2033): Offering of additional services, along with the tower inspection service by the utilization of drone technology will provide long term opportunities to the service providers.
From 2018 to 2022, the global market for drone tower inspection registered a CAGR of 11.4%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 16.7% CAGR between 2023 and 2033.
Market share analysis of drone tower inspection based on end use industry and region is provided in the above image. Under the end use industry segment, telecommunication sub-segment dominates with 53.6% market share in 2023.
What’s Driving High Demand for Drone Tower Inspection across the Globe?
“The Importance of Communication Tower Maintenance to Drive Market Growth”
Regular maintenance is essential to keep everything running as efficiently as it is possible. Otherwise, tower inspections are also necessary to identify minor maintenance points so that they don't escalate into costly problems later. These checks must be well planned and pre-scheduled so that the towers work with a pre-defined efficiency.
Conventional tower inspections should be carried out on a regular basis, but the operation is risky and cost intensive, especially given the height of the towers and challenges associated with its accessibility.
Use of drone technology instead can help coordinate and schedule tower inspections with minimal or low risks and high efficiency at an affordable budget. Under the shade of these benefits, the use of drones is rapidly increasing for the inspection purposes. The ease of drone operation and increase in efficiency of the inspection will be the key drivers for the increasing use of drones in tower inspection services.
“Cost-Effective Drone Tower Inspection Solutions to Provide Boost to the Market”
Since a dedicated drone is used safely, an accurate tower inspection through a drone is possible. Drones provide a unique aerial view with the help of their cameras that can spot much-needed maintenance repairs and issues. Issues that may not have been detected with older tower inspection techniques can be resolved now using drone technology.
Drone tower inspection has many advantages. It is clear that drones will provide accurate data and media to help evaluate tower repairs without compromising the safety of humans. With a drone tower inspection service from a professional tower inspection company, the end user can get the perfect views, photos, angles, videos, and perspectives.
Hiring professional drone inspection services can aid the customer with snaps and videos of exact trouble points that come to knowledge only with the experience. For instance, 360 thermal horizons offer a better solution for sending tower inspections in Ontario. Additionally, 360 thermal horizons experts make it easy to schedule regular inspections to determine if preventive maintenance is required.
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What Do Drone Tower Inspection Service Providers Need to Watch Out for?
“Restrictions on Usage of Frequency Spectrums May Limit the Market Growth”
In order to fly the drone, most drones require a wireless connection with a pilot on the ground. Also, most payloads require wireless communication, such as a camera or some type of sensor. A frequency spectrum is required to enable this wireless communication.
Spectrum requirements vary by drone type, flight characteristics, and payload. Since the radio spectrum is not bound by national borders and manufacturers need a (semi-) global market, international agreements on the use of the radio spectrum are needed. Several frequency bands have been allocated for these air services.
Traditionally, these bands were reserved for manned flights. Such legal issues related to the frequency spectrum and electronic payloads could refrain application expansion of drone tower inspection services.
Country Wise Analysis
Why United States Market for Drone Tower Inspection Will Grow?
The communication sector is an important part of the U.S economy. It is the base of many businesses, government, and other public safety operations. Communication or cell towers are a vital component of the entire telecommunication network.
The telecom department is very important as it enables the function for all critical infrastructure departments. Over the past few years, the sector has evolved from being primarily a voice service provider to a competitive, diverse, and interconnected industry utilizing satellite, terrestrial, and wireless transmission systems.
The transmission of these services is networked. Satellite, cellular, and wireline providers rely on each other to transmit and terminate traffic, and companies regularly share equipment and technology to ensure interoperability.
Out of the owned and operated towers by the American tower corporation, in 2021 the U.S has 15,356 and 27,276 operated and owned towers respectively. Owing to the high penetration of towers in the U.S, drone-mediated tower inspection services will get rapid momentum in the near future and depict a CAGR of 13.7% during the forecast period.
How India Telecommunication Industry to Provide More Opportunities for Drone Tower Inspections?
Over the past seven years, the Indian telecommunications tower industry has grown by a staggering 65% growth rate. The number of towers has increased from 400,000 in 2014 to 660,000 in 2021.
With this remarkable growth, India is set to become the world's second-largest smartphone market with nearly 1 billion installed devices by 2025, with 920 million smartphones, including 88 million with 5G connections.
Considering the exponentially rising telecom industry in the country, establishment and maintenance of millions of towers will be required in near future. Under the influence of India’s opportunistic growth, South Asia and Oceania market is estimated to capture a value worth US$ 8.6 million in 2023 and expand rapidly over the forecast years.
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Category wise Insights
How Construction and Mining Industry Will Lead to Market Growth?
Drone inspection services are on the rise in the mining industry, and drones are having a positive impact on the mapping and surveying aspects. During mining, different groups are responsible for milling and crushing minerals. Being a critical factor in generating revenue, it requires regular inspection and maintenance to ensure continued operation. Drones are capable of capturing high-definition images and videos that are necessary for the inspection processes.
The technological advancements in the construction industry have also paved a way for the utilization of drones in this industry. It provides an effective evaluation of the construction sites and also helps in data collection. Expanding applications of drone inspection in the industry will ascribe it 12.4% of the overall revenue share of drone tower inspection services market.
Growth of the Market for Remotely Piloted Drones?
Remotely piloted drones consist of many components such as aircraft, control stations, control and command links, and others. These drones are widely used for commercial, recreational, and research purposes. It is a burgeoning type of drone as it has a significant impact on various industries such as logistics, security, telecommunication, and others.
Since the inspection services of towers are safe if operated remotely, this segment of drone is expected to ascribe more than 64.4% of market share in 2023.
Competitive Landscape
Prominent companies in drone tower inspection market are ABJ Renewables, Aerial and Drone Services, CONNOR, Dronegenuity, Gale-Force Drone, Intertek Group plc, Mile High Drones LLC, My Drone Services, NADAR Drone Company, Shulins'Solutions LLC, Thermal Horizons, US Infrared Inspections, Valmont Industries, Inc.
Drone surveys and inspections of complex areas such as towers are more cost-effective, efficient, and safer to help reduce risk and shortens the time of traditional activities providing a comprehensive inspection process.
Integration of new technologies into these drones has been a widely adopted strategy among the manufacturers to leave their imprint in the market. Drone tower inspection market is highly competitive with product innovation as the key to dominance in the market.
Fact.MR has provided detailed information about the service cost of service providers of drone tower inspection positioned across regions, adoption of services, and speculative technological expansion, in the recently published report.
Segmentation of Drone Tower Inspection Industry Research
-
By Drone Type :
- Fixed Wing
- Hybrid
- Rotary
-
By Operation :
- Remotely Piloted
- Optionally Piloted
- Fully Autonomous
-
By End Use Industry :
- Telecommunication
- Energy and Power
- Construction and Mining
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia and Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Value (US$ million) Analysis and Forecast
- 5. Global Market Analysis and Forecast, By Drone Type
- 5.1. Fixed Wing
- 5.2. Hybrid
- 5.3. Rotary
- 6. Global Market Analysis and Forecast, By Operation
- 6.1. Remotely Piloted
- 6.2. Optionally Piloted
- 6.3. Fully Autonomous
- 7. Global Market Analysis and Forecast, By End Use Industry
- 7.1. Telecommunication
- 7.2. Energy and Power
- 7.3. Construction and Mining
- 7.4. Others
- 8. Global Market Analysis and Forecast, By Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. East Asia
- 8.5. South Asia & Oceania
- 8.6. Middle East & Africa
- 9. North America Market Analysis and Forecast
- 10. Latin America Market Analysis and Forecast
- 11. Europe Market Analysis and Forecast
- 12. East Asia Market Analysis and Forecast
- 13. South Asia & Oceania Market Analysis and Forecast
- 14. Middle East & Africa Market Analysis and Forecast
- 15. Country-level Market Analysis and Forecast
- 16. Market Structure Analysis
- 17. Product Launch Software Competition Analysis
- 17.1. ABJ RENEWABLES
- 17.2. Aerial and Drone Services
- 17.3. CONNOR
- 17.4. Dronegenuity
- 17.5. Gale-Force Drone
- 17.6. Intertek Group plc
- 17.7. Mile High Drones LLC
- 17.8. My Drone Services
- 17.9. NADAR Drone Company
- 17.10. Shulins'Solutions LLC
- 17.11. Thermal Horizons
- 17.12. US Infrared Inspections
- 17.13. Valmont Industries, Inc
- 18. Assumptions & Acronyms Used
- 19. 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 Operation, 2018 to 2022
Table 8: Global Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 9: Global Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 16: North America Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 17: North America Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 24: Latin America Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 25: Latin America Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 32: Europe Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 33: Europe Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 34: Europe Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 40: East Asia Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 41: East Asia Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 42: East Asia Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 48: South Asia & Oceania Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 49: South Asia & Oceania Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 50: South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2018 to 2022
Table 58: MEA Market Value (US$ million) and Forecast By Operation, 2023 to 2033
Table 59: MEA Market Value (US$ million) and Historic By End Use Industry, 2018 to 2022
Table 60: MEA Market Value (US$ million) and Forecast By End Use Industry, 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 Operation, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 9: Global Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 19: North America Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis By End Use Industry, 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 Operation, 2023 & 2033
Figure 32: Latin America Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 33: Latin America Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 34: Latin America Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 38: Latin America Market Attractiveness Analysis By End Use Industry, 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 Operation, 2023 & 2033
Figure 46: Europe Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 47: Europe Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 48: Europe Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis By End Use Industry, 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 Operation, 2023 & 2033
Figure 60: East Asia Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 61: East Asia Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 62: East Asia Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 66: East Asia Market Attractiveness Analysis By End Use Industry, 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 Operation, 2023 & 2033
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 75: South Asia & Oceania Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 80: South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 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 Operation, 2023 & 2033
Figure 88: MEA Market Y-o-Y Growth Rate By Operation, 2023 to 2033
Figure 89: MEA Market Value (US$ million) and By End Use Industry, 2023 & 2033
Figure 90: MEA Market Y-o-Y Growth Rate By End Use Industry, 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 Operation, 2023 to 2033
Figure 94: MEA Market Attractiveness Analysis By End Use Industry, 2023 to 2033
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- FAQs -
What will be the valuation of rotary drone sub-segment of drone type in 2023?
The rotary wing drone sub-segment is likely to reach a valuation of around US$ 160.2 million in 2023.
Which end use sector have the second highest market share in 2023?
Energy and Power sub-segment as application sector have the second highest market share of 19.8% in 2023.
What will be the valuation of drone tower inspection market in 2033?
The market is likely to reach a valuation of US$ 1,397.6 million by the end of forecast period.
Which region holds dominates the value generation in overall market?
Europe region holds the leading market share of around 32.1% in 2023 and presumed to increase in same growth curve by the end of 2033.
What is the CAGR of China for drone tower inspection during the forecast period?
China is expected to have CAGR of 15.9% during the forecast period.