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Drones for Oil and Gas Market Share

  • Report ID: 2993
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Drones for Oil and Gas Market Share

North America Market Statistics

Geographically, the drones for oil and gas market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. North America industry is poised to dominate majority revenue share by 2036, as the region's oil-well drilling rate is increasing. Along with this, the US accounts for the largest share due to global drone companies' presence in the region coupled with the rising adoption of drones across all three sectors of the oil and gas industry.

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Author Credits:  Dhruv Bhatia


  • Report ID: 2993
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising investments in smart grid technologies and smart cities coupled with increasing urban population are the key factors driving market growth.

The market is anticipated to attain a high CAGR over the forecast period, i.e., 2021-2029.

Costly drone technology and lack of drone manufacturer in lower economic regions are estimated to hamper market growth.

The market in North America region will provide ample growth opportunities owing to the increasing demand of drones across all three sectors of oil and gas industry.

The major players dominating the drone-based inspections market for oil and gas are PrecisionHawk, Terra Drone Corp., Equinox's Drones, and Viper Drones among others.
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