Inspection Drones Segmentation
Type (Multirotor Drone, Fixed Wing Drone, Hybrid Drone)
The multirotor drone segment is estimated to hold 38% share of the global inspection drones market by 2037. The growth of the segment can be attributed to the flexibility of multirotor drones. Various market players are launching ultra-modern multirotor drones for various purposes. For instance, in December 2024, CHCNav launched X500, which is a professional multirotor drone with a 5 kg payload capacity and renders a flight endurance of 58 minutes. The multirotor design of the drone allows maneuverability and stability. Also, they are ideal for new user due to their assisted flight technology.
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%. Inspection drones are used for finding out 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. According to the report published by the Council of Petroleum Accountants Societies in July 2021, the utilization of UAVs or drones increases the efficiency by 33% and reduces inspection cost by 50%. Due to these features, there has been an increased usage of drones in the oil and gas exploration industry.
Our in-depth analysis of the global inspection drones market includes the following segments:
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