Inspection Drones Market Analysis

Type (Multirotor Drone, Fixed Wing Drone, Hybrid Drone)

The multirotor drone segment is estimated to hold 38% share of the global inspection drones market in the year 2035. The growth of the segment can be attributed to the flexibility of multirotor drones. These drones often come with two, three, four, six, or even more, rotors they are known as bicopters, tricopters, quadcopters, hexacopters, and others. The rotors can be used as per the demand of the industry. The drones with higher rotors can be used for lifting heavy weights in the air. Moreover, there have been many new innovations in multirotor drones which are also expected to expand the segment’s growth.

End User (Oil & Gas, Agriculture, Construction, Utilities, Solar Panel & Windmill, Defense & Security)

The oil & gas segment in the inspection drones market is expected to garner a significant share of around 30% in the year 2035. Inspection drones are used for inspection of oil and gas wells, pipelines, and transmission infrastructure. The use of these drones can help in identifying potential issues, such as leaks, structural damage, corrosion, and others. The growing demand for oil and gas in the world, will increase the exploration of these wells and thus increase the demand for inspection drones. The IEA predicts that the world's oil needs are projected to be 8% higher in 2030 than in 2021, with the world expecting 10% growth throughout that time.

Our in-depth analysis of the global market includes the following segments:

Type	Multirotor Drone Fixed Wing Drone Hybrid Drone
Operation Mode	Remote Semi-Autonomous Fully Autonomous
End User	Oil & Gas Agriculture Construction Utilities Solar Panel & Windmill Defense & Security

Frequently Asked Questions (FAQ)

Increasing advancement in drone technology and the growing use of drones in the media industry are the major factors driving the market growth.

The market size of inspection drones is anticipated to attain a CAGR of ~24% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are EPAZZ, Inc., Aerialtronics, DJI, 3D Robotics, ECA Group, Teledyne Flir LLC, Northrop Grumman Corporation, Parrot SAS, Sensefly Ltd., and Lockheed Martin

The multi-rotor drone segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Inspection Drones Market Analysis