Drones for Energy Industry Receives Rapid Boost in Economy due to High Emerging Demands: 25.53% CAGR Through 2023

Share this news:

Global Drones for Energy Industry Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Drones for energy are defined as a range of services that are provided by an unmanned aerial vehicle, for line-of-sight applications, to inspect offshore platforms & refineries, and to observe ocean-going ships. They are also used for inspecting or monitoring power lines, solar panel, and wind turbine. Market Research Future (MRFR) has published a research report about the global aerospace drones for energy industry market that anticipates advancement for this market at 25.53% CAGR between 2017 and 2023. By value, the market has been figured to be worth the USD 8,3950 Mn by the end of the forecast period.

The noted market driving factor for the global drones for energy industry market is complexity in inspection & monitoring of remote and discrete systems. However, some factors that are regulating the market growth include lack of technological advancements for processing the raw data and federal regulations limiting the usage of drones.

Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/3847

Key Players

The key players in the global drones for energy industry market include AeroVironment Inc. (USA), Aeryon Labs Plc. (UK), Ascending Technologies Inc. (Canada), Aibotix GmbH Limited (UK), DJI (China), Draganfly Innovations Inc. (USA), Drone America (USA), ING Robotic Aviation (Canada), Microdrones (Germany), and UAVision (Canada).

Latest Industry News

EOG Resources Inc. and Shell Oil Company have joined the Board of AviSight, a US-based unmanned industrial inspection and data solutions provider. 6 MAY 2019
A drone solutions company, Percepto, has secured US $15 million in series A financing in which NHN, Emerge, Spider Capital, R&R Venture Partners, and strategic investor Hyundai had participated. The cash infusion, which comes after seed rounds totaling the US $12.5 mn, has brought Percepto’s total raise to the US $27.5 million. 22 MAY 2019
API has published its Guide for Developing a UAS Program in the Oil & Natural Gas Industry. This guide can help to ensure worker and operational safety as drones are set to be introduced in the industry operations. 3 JUNE 2019
Segmentation Analysis

The global drones for energy industry market segmentation has segmented the market into application, drone type, industry type, and region. The application-based segmentation segments this market into inspection, leak & spillage response, and security & surveillance. Based on drone type, the market has been segmented into the fixed-wing drone, hydro drone, and rotary blade drone. Regarding industry type, the market can be segmented into oil & gas, power, and renewable sources of energy.

Regional Analysis

The regional segmentation of the global aerospace drones for energy industry market segments the market into the regional markets that are known as Asia Pacific, Europe, North America, and the rest of the world (RoW). Asia Pacific region is the largest regional market in the whole world for renewable energy generation across the globe. In this region, the country-specific markets that can witness the highest growth are China, Japan, and India, followed by the remaining countries of the Asia Pacific region.

In North America, the market can grow due to technological advancement, leak & spillage detection, increase in adoption of drones for inspection, and surveillance activities. All these factors have been described majorly in the context of oil & gas and power sectors. Many significant market players are based in the United States of America (USA) and Canada. Other factors that enhance the market growth in this region are an increase in inspection, maintenance & surveillance operations of oil & gas platforms, power plants, solar plants, pipelines, and wind turbines.

Technological advancement and the presence of key market players are two factors that make Europe, another important regional market. In this region, the critical country-specific markets are France, Germany, Spain, and the United Kingdom (UK), followed by the remaining countries of Europe.

Scope of Report

The report for Global Drones for Energy Industry Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Get More Information on Drones for Energy Industry Market Research Report-Forecast to 2023 @ https://www.marketresearchfuture.com/reports/drones-energy-industry-market-3847

List of Tables

Table 1 Global Drones for Energy Industry Market, by Industry Type
Table 2 Global Drones for Energy Industry Market, by Application
Table 3 Global Drones for Energy Industry Market, by Drone Type
Table 4 Global Drones for Energy Industry Market, by Regions
Table 5 North America Drones for Energy Industry Market, by Industry Type
Table 6 North America Drones for Energy Industry Market, by Application
Table 7 North America Drones for Energy Industry Market, by Drone Type
Table 8 U.s. Drones for Energy Industry Market, by Industry Type
Table 9 U.s. Drones for Energy Industry Market, by Application
Table 10 U.s. Drones for Energy Industry Market, by Drone Type

Continued...........

List of Figures

Figure 1 Research Application
Figure 2 Global Drones for Energy Industry Market: by Industry Type (%)
Figure 3 Global Drones for Energy Industry Market: by Application (%)
Figure 4 Global Drones for Energy Industry Market: by Drone Type (%)
Figure 5 Global Drones for Energy Industry Market: by Region
Figure 6 North America Drones for Energy Industry Market, by Industry Type (%)
Figure 7 North America Drones for Energy Industry Market, by Application (%)
Figure 8 North America Drones for Energy Industry Market, by Drone Type (%)
Figure 9 North America Drones for Energy Industry Market, by Countries (%)
Figure 10 Europe Drones for Energy Industry Market, by Industry Type (%)

Continued.......

Ask for your specific company profile and country level customization on reports.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/drones-energy-industry-market-3847

Release ID: 88903254

CONTACT ISSUER
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
SUBSCRIBE FOR MORE