Wind Turbine Inspection Drones Market Size

Wind Turbine Inspection Drones Market size was valued at USD 34.62 Billion in 2023 and is set to cross USD 96.45 Billion by 2036, registering more than 8.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of wind turbine inspection drones is evaluated at USD 37.24 Billion. The major element to influence the growth of the sector is the growing demand for renewable energy. Between 2022 and 2027, there is expected to be potential growth in global renewable energy capacity of almost about 2 399 GW (or nearly 74%). Therefore, the need for the inspection of wind turbines growing. It is anticipated that with the regular inspection of wind turbines, the defects would be detected earlier hence further allowing timely repair of the components without affecting the energy production capacity.

Additionally, wind turbine plays a significant role in reducing Co2 emission. Therefore, manufacturers are focusing more on manufacturing wind turbines that are higher the size. Modern wind turbines are capable of generating comparatively more clean energy with larger rotor blades, further reducing CO2 emissions at a higher scale. The cost of renewable energy is also lowered by larger wind turbines. However, these large wind turbines need to be monitored. Hence, drones are expected to be installed in monitoring wind turbines.