A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Drone Inspection and Monitoring Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Global Drone Inspection and Monitoring Market Definition:

The use of unmanned aerial vehicles, also called drones, equipped with sensors, cameras, and other advanced technologies to inspect & monitor numerous assets, areas, and structures is referred to as drone Inspection and Monitoring. For this, a drone is used to collect visual data, gather information, perform inspection, etc., that might be challenging & time-consuming to access via traditional methods.

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Global Drone Inspection and Monitoring Market Insights:

The Global Drone Inspection and Monitoring Market size was valued at around USD 10.5 billion in 2022 & is estimated to grow at a CAGR of about 11.32% during the forecast period, i.e., 2023-28.

Global Drone Inspection and Monitoring Market Driver:

Soaring Adoption of RVI (Remote Visual Inspection) Drones for Infrastructure to Fuel the Market Growth -  The increasing proliferation of Remote Visual Inspection (RVI) drones for infrastructure-related applications is driving the Global Drone Inspection and Monitoring Market. RVI drones, which are outfitted with high-resolution cameras & advanced sensors, provide efficient & cost-effective solutions for assessing infrastructures, such as bridges, buildings, pipelines, and electricity lines. They offer a distinct edge in examining infrastructure assets by providing a thorough & explicit visual examination from aerial views.

Furthermore, they capture real-time data that can be quickly analyzed & processed, enabling prompt decision-making regarding the appropriate infrastructure. As a result, the use of RVI drones for infrastructure inspection is expected to soar, the market growth. Furthermore, market players are anticipated to develop specialized drones, software solutions, and services customized to the specific needs of infrastructure evaluations, which would also support enhancing the market expansion in the following years.

Global Drone Inspection and Monitoring Market Leading Key Players:

Aerodyne Group, SZ DJI Technology Co. Ltd, AeroVironment, Inc, Sky Futures Partner Ltd, Lockheed Martin Corporation, BAE Systems PLC, Qualcomm Technologies Inc, AgEagle Aerial Systems Inc, Teledyne FLIR LLC, Israel Aerospace Industries, Parrot Drone SAS, Skydio, Precision Hawk, ECA Group, Airealtronics, Others

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Global Drone Inspection and Monitoring Market Segmentation:

Based on Type

- Fixed Wing- Market Size & Forecast 2018-2028, (USD Million)

- Multirotor- Market Size & Forecast 2018-2028, (USD Million)

- Hybrid- Market Size & Forecast 2018-2028, (USD Million)

Based on Solution

- Software- Market Size & Forecast 2018-2028, (USD Million)

- Services- Market Size & Forecast 2018-2028, (USD Million)

- Platform- Market Size & Forecast 2018-2028, (USD Million)

- Infrastructure- Market Size & Forecast 2018-2028, (USD Million)

Based on Technology

- Remotely Piloted- Market Size & Forecast 2018-2028, (USD Million)

- Optionally Piloted - Market Size & Forecast 2018-2028, (USD Million)

- Fully Autonomous- Market Size & Forecast 2018-2028, (USD Million)

Based on End-User

- Agriculture- Market Size & Forecast 2018-2028, (USD Million)

- Construction & Infrastructure- Market Size & Forecast 2018-2028, (USD Million)

- Oil & Gas- Market Size & Forecast 2018-2028, (USD Million)

- Mining- Market Size & Forecast 2018-2028, (USD Million)

- Utilities- Market Size & Forecast 2018-2028, (USD Million)

- Others - Market Size & Forecast 2018-2028, (USD Million)

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Global Drone Inspection and Monitoring Market Geographical Analysis

By Region

- North America

- South America

- Europe

- Asia-Pacific

- The Middle East & Africa

Recent Development of Global Drone Inspection and Monitoring Market:

July 2022: SZ DJI Technology Co. Ltd introduced the DJI RS 3 and DJI RS 3 Pro, which included a number of additional features. It has a revised axis-locking system, making the operation automated. The automated axis cinches release & unfolds the gimbal as the driver turns on the gimbal, allowing the driver to get started in seconds.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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