Inspection Drones Market Share

North American Market Forecast

The inspection drones market in North America is projected to be the largest with a share of about 41% by the end of 2035. The growth of the market can be attributed majorly to the rising manufacturing of drones in the region. The manufacturing of commercial drones and services related to it is expected to increase from around USD 8 billion to USD 20 Billion by 2026 in the United States. This will increase the manufacturing of drones for inspection purposes and will also increase the accessibility to the public.

APAC Market Statistics

The Asia Pacific inspection drones market is estimated to be the second largest, registering a share of about 22% by the end of 2035. The growth of the market can be attributed majorly to rising research on the use of drones in the agriculture sector. For instance, The Indian Council of Agricultural Research (ICAR) launched an initiative program in September 2021 to conduct research on the implementation of drones and artificial intelligence (AI) for rapid tracking of crop development, health, and management with improved input use efficiency.

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 Share