Industrial drones for maintenance and inspection market are likely to reach a global market value of USD 12.4 billion in 2023, with a compound annual growth rate (CAGR) of 14.6% anticipated over the course of the forecast period. The primary driver of the market's expansion is the rising need for pipelines and infrastructure upkeep. In inspection and surveillance applications, drone cameras often carry out the function of a human eye.

Due to the growing need for safe, effective, and affordable solutions across a range of industries, the market for industrial drone maintenance and inspection is expanding quickly. The market is expanding due to rapidly rising demand from the energy utility and utility industries, infrastructure, manufacturing, mining, telecommunications, construction, and agriculture.

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Growth Drivers

Drones used for industrial maintenance and inspection lessen the amount of time people spend in dangerous situations. Real-time insights are provided via LiDAR, advanced imagery, and analytics driven by AI. Inspections are finished more quickly by drones than by conventional means. Drones assist mining firms in increasing safety, cutting expenses, and improving operational efficiency. Larger areas and difficult-to-reach locations are efficiently inspected by them. Operations are not stopped in order to conduct inspections.

After a hurricane or wildfire, prompt damage assessment aids in service restoration. Drones are an effective way to inspect oil rigs, electricity cables, and wind turbines. The inspection of highways, bridges, and tall structures benefits the construction and infrastructure sectors. Fuel-powered inspection vehicles are no longer necessary thanks to drones. These work well for tracking air pollution, forestry, and water reservoirs.

Segmentation

By Solution

·         Platform

o   Airframe

o   Avionics

o   Propulsion

o   Software

o   Payload

·         Software

o   Route Planning and Optimization

o   Inventory Management

o   Live Tracking

o   Fleet Management

o   Computer Vision & Object Detection

·         Infrastructure

o   Ground Control Stations

o   Charging Stations

o   Launch & Recovery Systems

·         Service

o   Flights (Piloting & Operations)

o   Data analysis

o   Data processing (Deliverables)

By Type

·         Fixed Rotor

·         Multi Wing

·         Hybrid

By Application

·         Construction and Infrastructure

o   Bridges

o   Property and Real Estate

o   Railways

·         Agriculture

o   Soil & Crop

o   Health Assessment

·         Oil & Gas

o   Upstream

o   Midstream

·         Utilities

o   Tower Inspection

o   Power Transmission

o   Wind Turbine

·         Mining

o   Stockpile

o   Tailing Dams & Quarry Inspection

·         Others

By Region

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         DJI Innovations

·         Aerovironment

·         MISTRAS Group, Inc.

·         Wipro 

·         Intel Corporation

·         Intertek Group Plc

·         Baykar

·         Asteria aerospace

·         Lockheed Martin Corporation

·         Northrop Grumman Corporation

·         SZ DJI Technology Co., Ltd.

·         Parrot SA 

·         Other Players

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