Inspection Drones Market Size

Inspection Drones Market size was valued at USD 4.95 Billion in 2023 and is expected to exceed USD 79.43 Billion by 2036, expanding at over 23.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of inspection drones is assessed at USD 5.9 Billion. The growth of the market can be attributed to the growing focus on human safety.  On a global scale developing and transition nations spend 1.5 percent of their GDP on social safety net programmes. Drones offer a more secure alternative to standard manual inspection methods, lowering the dangers associated with putting human workers into potentially dangerous environments.

In addition to these, factor that is believed to fuel the market growth of inspection drones is the rising use of drones for media and entertainment for site inspection. Drones have changed the media and entertainment industry, nowadays production houses are hiring drone crews for USD 5000 per day to instill the use of drones. The growing demand for competence in aerial cinematography technology can be applied to inspection drones, which require trustworthy flying and high-quality pictures as well.