Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 13.7 Billion

CAGR (2024-2029)

39.5%

Fastest Growing Segment

Multi-Rotor

Largest Market

North America

 

Market Overview

Global Drones in Oil and Gas Market was valued at USD 13.7 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 39.5% through 2029. The global drones in the oil and gas market has experienced exponential growth owing to the transformative impact of unmanned aerial vehicles (UAVs) on operations within this sector. Drones have emerged as indispensable tools, revolutionizing traditional methods by offering enhanced safety, efficiency, and cost-effectiveness. These technological marvels are extensively utilized for a spectrum of tasks, including infrastructure inspections, aerial surveys, monitoring, and data collection. Their ability to access remote or hazardous areas, often inaccessible to humans, has significantly reduced operational risks and minimized downtime. Moreover, drones equipped with advanced sensors and imaging capabilities provide real-time data and high-resolution imagery, facilitating swift and informed decision-making processes.

The surge in drone adoption within the oil and gas is fueled by the pursuit of optimizing operational efficiency while ensuring stringent safety standards. Companies leverage drones to conduct thorough inspections of pipelines, rigs, and facilities, identifying potential issues promptly and streamlining maintenance activities. Additionally, the utilization of drones in environmental monitoring and compliance further underscores their pivotal role in promoting sustainability practices within the . As technological advancements continue to enhance the capabilities of drones, their integration into daily operations is poised to accelerate, reshaping the landscape of the oil and gas sector.

Key Market Drivers

Safety Enhancement and Risk Mitigation

Safety stands as a paramount concern within the oil and gas . Drones offer a pivotal solution by mitigating risks associated with hazardous environments and complex infrastructures. These unmanned aerial vehicles provide a safe and efficient alternative to human inspection in potentially dangerous areas such as offshore platforms, pipelines, and refinery structures. By deploying drones for inspections and monitoring, companies can significantly reduce the need for employees to enter high-risk zones, minimizing exposure to potential hazards and improving overall safety protocols. The ability of drones to access remote or inaccessible locations amplifies their contribution to safety measures, ensuring comprehensive surveillance without compromising personnel well-being.

Operational Efficiency and Cost Savings

Drones have redefined operational workflows in the oil and gas sector by streamlining processes and optimizing resource utilization. The speed and agility of drones enable swift and thorough inspections, significantly reducing the time required for manual assessments. Real-time data acquisition and high-resolution imaging capabilities enhance decision-making, enabling prompt responses to identified issues. This efficiency translates into substantial cost savings by minimizing downtime, optimizing maintenance schedules, and preventing potential failures through proactive identification of infrastructure defects. The integration of drones into routine operations reduces labor costs and enhances overall operational efficiency, making it a financially viable investment for oil and gas companies.

Data Analytics and Insights

The data collected by drones equipped with advanced sensors and imaging technologies present a treasure trove of valuable information for the oil and gas . These aerial vehicles capture detailed imagery, thermal data, and sensor readings, providing comprehensive insights into infrastructure health and performance. Leveraging data analytics and machine learning algorithms on this collected information empowers companies to predict maintenance needs, detect anomalies, and optimize asset performance. The actionable insights derived from drone-acquired data enable proactive decision-making, leading to improved operational strategies and asset management practices within the oil and gas domain.

Environmental Monitoring and Regulatory Compliance

Environmental stewardship and regulatory adherence are critical imperatives for the oil and gas . Drones play a pivotal role in environmental monitoring, aiding companies in adhering to stringent regulatory frameworks while minimizing their ecological footprint. Equipped with specialized sensors, drones can detect and assess environmental changes, such as oil spills, gas emissions, or vegetation disruptions caused by activities. By swiftly identifying and responding to environmental concerns, companies can mitigate potential ecological damage and proactively address compliance issues. Drones facilitate precise and consistent monitoring, enabling the to align with environmental standards and demonstrate a commitment to sustainable practices.

Technological Advancements and Innovation

The continuous evolution and innovation in drone technology propel their adoption within the oil and gas sector. Advancements in drone capabilities, including increased payload capacity, longer flight times, improved battery life, and enhanced sensor technologies, are transforming their utility and reliability for -specific applications. Innovations such as AI-powered analytics, edge computing, and autonomous navigation systems further augment the functionalities of drones. Collaborations between technology firms, drone manufacturers, and oil and gas companies drive research and development initiatives, fostering the creation of customized drone solutions tailored to needs. As technological advancements continue to unfold, drones are poised to become more versatile, efficient, and integral to oil and gas operations.


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Key Market Challenges

Regulatory Hurdles and Compliance Issues

The regulatory landscape governing drone operations in the oil and gas sector presents a complex web of challenges. Drones operate within airspace subject to stringent regulations, necessitating compliance with aviation authorities and -specific guidelines. Ensuring adherence to various national and international aviation laws, including obtaining permits, licenses, and approvals, adds layers of complexity to drone deployment. Moreover, the evolving nature of regulations often struggles to keep pace with rapid technological advancements, leading to ambiguities or delays in obtaining necessary permissions for drone operations. This regulatory uncertainty poses challenges for companies seeking to leverage drones effectively while navigating legal frameworks, creating a barrier to streamlined integration into operational workflows.

Data Management and Integration

The vast amounts of data generated by drones during oil and gas operations pose significant challenges in terms of management, analysis, and integration into existing enterprise systems. Drones equipped with high-resolution cameras, sensors, and imaging technologies capture copious amounts of data during inspections, monitoring, and surveys. Processing and analyzing this data effectively to extract actionable insights demand robust data management strategies and specialized analytics tools. Integration of drone-acquired data with existing enterprise systems, such as asset management platforms or geographical information systems (GIS), requires interoperability and compatibility, which may pose technical hurdles. Additionally, ensuring data security, integrity, and compliance with privacy regulations adds complexity to the management and utilization of drone-generated data.

Operational Limitations and Technological Constraints

While drones offer immense potential, they also face operational limitations and technological constraints within the demanding environments of the oil and gas . Adverse weather conditions, including high winds, extreme temperatures, or precipitation, can impede drone operations and compromise data accuracy. The limited flight endurance and payload capacities of drones restrict their ability to cover expansive areas or carry heavier inspection equipment, potentially impacting the efficiency and scope of inspections. Furthermore, technological constraints such as limited battery life, reliance on GPS signals, and communication bandwidth can pose challenges in remote or offshore locations with restricted connectivity, affecting the reliability and effectiveness of drone operations.

Skilled Workforce and Training Needs

The effective utilization of drones within the oil and gas necessitates a skilled workforce capable of operating, maintaining, and analyzing drone-acquired data. However, the rapid evolution of drone technology demands continuous training and upskilling initiatives to ensure workforce competence. Training programs must cover various aspects, including drone operation, data analysis, maintenance, compliance with regulations, and troubleshooting. Acquiring expertise in interpreting data collected by drones and translating it into actionable insights requires specialized skills that are not always readily available. Additionally, the shortage of qualified personnel familiar with both drone technology and the intricacies of oil and gas operations poses a significant challenge for companies aiming to maximize the potential benefits of drone integration.

Key Market Trends

Integration of AI and Machine Learning

The integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies represents a transformative trend reshaping the application of drones in the oil and gas sector. AI algorithms and ML models are being deployed to analyze vast volumes of data collected by drones. These technologies facilitate predictive maintenance by identifying patterns, anomalies, and potential infrastructure issues. They empower drones to not only capture data but also to interpret it in real-time, enabling automated decision-making processes. AI-powered analytics enhance the accuracy and efficiency of inspections and monitoring activities, enabling proactive identification of maintenance needs and optimization of asset performance. This trend signifies a shift towards more intelligent and autonomous drone operations within the , improving productivity and reducing operational costs while ensuring higher precision in identifying critical infrastructure concerns.

Rise of Beyond Visual Line of Sight (BVLOS) Operations

The adoption of Beyond Visual Line of Sight (BVLOS) operations is a significant trend driving the evolution of drone applications in the oil and gas . BVLOS operations allow drones to fly beyond the operator's direct line of sight, expanding their range and capabilities. This trend is particularly crucial for offshore and expansive onshore operations where infrastructure spans vast areas. BVLOS-enabled drones can cover larger territories, conduct more extensive inspections, and reach remote or inaccessible locations, enhancing operational efficiency. Regulatory advancements and technological innovations in sense-and-avoid systems and communication technologies are facilitating the gradual acceptance and implementation of BVLOS operations, unlocking new possibilities for drones in the oil and gas sector.

Emphasis on Environmental Monitoring and Sustainability

A growing emphasis on environmental sustainability is driving the use of drones for enhanced environmental monitoring within the oil and gas . Drones equipped with specialized sensors and imaging technologies are being deployed to monitor and mitigate environmental impacts caused by activities. These aerial vehicles assist in detecting and assessing environmental changes such as oil spills, gas leaks, vegetation health, and wildlife impact. By swiftly identifying and addressing environmental concerns, companies can minimize ecological footprints, adhere to stringent regulations, and demonstrate a commitment to sustainable practices. This trend highlights the proactive approach towards environmental stewardship by leveraging drones for comprehensive and efficient monitoring of ecological impacts.

Advancements in Sensor Technologies

The evolution of sensor technologies is playing a pivotal role in augmenting the capabilities of drones utilized in the oil and gas . Drones are now equipped with advanced sensors such as LiDAR (Light Detection and Ranging), hyperspectral imaging, thermal cameras, and gas detection sensors. These sensors enable drones to capture highly detailed and specialized data, providing comprehensive insights into infrastructure health and environmental factors. LiDAR, for instance, facilitates precise 3D mapping and modeling of facilities, pipelines, and terrain, allowing for accurate volume calculations and structural assessments. Hyperspectral imaging aids in identifying subtle changes in vegetation or material composition, assisting in environmental monitoring. The integration of these cutting-edge sensor technologies enhances the accuracy, efficiency, and scope of drone operations, enabling more sophisticated data collection and analysis.

Expansion of Drone-as-a-Service (DaaS) Models

The proliferation of Drone-as-a-Service (DaaS) models is transforming the accessibility and affordability of drone technology for oil and gas companies. DaaS providers offer comprehensive solutions, including drone hardware, software, pilot services, data processing, and analytics on a subscription or project basis. This trend allows companies to leverage drone technology without substantial upfront investments in equipment and training. DaaS providers often specialize in specific applications, tailoring their services to meet the unique needs of the oil and gas sector. Outsourcing drone operations through DaaS models enables companies to access specialized expertise, cutting-edge technology, and scalable solutions, thereby accelerating the adoption of drones for various operational tasks within the . The convergence of AI-driven analytics, BVLOS capabilities, environmental monitoring, sensor advancements, and DaaS models signifies a dynamic shift in the utilization of drones within the oil and gas . These market trends collectively drive innovation, efficiency, and sustainability, positioning drones as indispensable tools for optimizing operations and decision-making processes within this vital sector. As technological advancements continue to evolve and regulatory frameworks adapt, the trajectory of drone applications within the oil and gas is poised for further expansion and refinement.

Segmental Insights

Type Insights

The multi-rotor drone segment emerged as the dominant type within the Global Drones in Oil and Gas Market and is poised to maintain its supremacy throughout the forecast period. Multi-rotor drones, characterized by their versatility, agility, and ease of maneuverability, captured a significant market share owing to their suitability for a wide array of oil and gas applications. These drones excel in performing close-range inspections, aerial surveys, and monitoring tasks in confined or complex environments such as oil rigs, pipelines, and refinery infrastructure. Their ability to hover, take-off vertically, and navigate through tight spaces makes them invaluable for detailed inspections requiring close proximity to structures. Moreover, advancements in multi-rotor drone technology have led to improved stability, longer flight times, and enhanced payload capacities, further amplifying their utility in addressing specific needs. The flexibility offered by multi-rotor drones, coupled with their ease of operation and maneuverability, positions them as the preferred choice for diverse operational tasks within the oil and gas sector, thereby ensuring their continued dominance in the market landscape. As the continues to rely on efficient and adaptable drone solutions, the multi-rotor segment's dominance is expected to persist, driven by ongoing technological advancements catering specifically to the demands of the oil and gas .

Application Insights

The inspection application segment emerged as the dominant force within the Global Drones in the Oil and Gas Market and is anticipated to maintain its prevailing position throughout the forecast period. Inspection stands out as the primary and most extensively utilized application for drones in the oil and gas sector due to the criticality of infrastructure monitoring and maintenance within the . Drones offer unmatched capabilities for conducting comprehensive and efficient inspections of various assets, including pipelines, rigs, refineries, and storage tanks. Their ability to access hard-to-reach or hazardous areas, coupled with advanced imaging technologies and sensors, enables precise and thorough assessments of infrastructure integrity, identifying defects, corrosion, leaks, or structural issues. The efficiency, accuracy, and cost-effectiveness of drones in conducting routine and specialized inspections have positioned this application segment as the cornerstone of drone utilization within the oil and gas . As the continues to prioritize proactive maintenance and safety protocols, the inspection application is expected to sustain its dominance, fueled by ongoing advancements in drone technology tailored to meet the evolving inspection needs of oil and gas facilities.


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Regional Insights

North America emerged as the dominant region within the Global Drones in the Oil and Gas Market and is anticipated to maintain its leading position throughout the forecast period. The dominance of North America in this market can be attributed to several key factors. Firstly, the region houses a significant concentration of established oil and gas companies that are early adopters of advanced technologies, including drones, to optimize their operations. Additionally, North America boasts a robust regulatory environment that fosters innovation and supports the integration of drones into various applications. The region's emphasis on safety, stringent inspection standards, and a proactive approach to infrastructure maintenance aligns perfectly with the capabilities offered by drones. Moreover, ongoing investments in research and development, coupled with collaborations between technology providers and players, further propel the utilization of drones in the oil and gas sector across North America. As the region continues to witness technological advancements, a favorable regulatory landscape, and a commitment to leveraging cutting-edge solutions for enhancing operational efficiency and safety, North America is poised to sustain its dominance in the Global Drones in Oil and Gas Market in the foreseeable future.

Recent Developments

  • In August 2023, DroneTech Corp unveiled its latest series of AI-powered drones specifically engineered for revolutionizing oil and gas operations. These cutting-edge drones integrate advanced sensors and machine learning algorithms to conduct intricate inspections of critical infrastructure, pipelines, and refineries. Equipped with thermal imaging and gas detection sensors, these drones offer real-time data on infrastructure integrity and environmental factors, enhancing operational safety and efficiency. Seamlessly integrated into existing workflows, these drones provide actionable insights, empowering oil and gas companies to proactively address maintenance needs and optimize asset performance. DroneTech Corp's innovative foray into AI-driven drones signifies a significant advancement in leveraging IoT technologies within the oil and gas sector, catering to the demand for precise, data-driven solutions.
  • In May 2023, SkyVision Solutions, a prominent player in the drone technology market, introduced its latest line of IoT-enabled aerial vehicles tailored for the oil and gas . These drones incorporate state-of-the-art sensors and analytics, enabling comprehensive surveying and mapping of expansive oil fields and remote locations. SkyVision's drones offer high-resolution imaging and LiDAR capabilities, facilitating precise terrain modeling and asset monitoring. Integrated with cloud-based platforms, these drones deliver real-time data insights, supporting efficient decision-making and resource allocation for oil and gas exploration and production activities. SkyVision Solutions' commitment to providing advanced IoT-driven drones underscores the growing reliance on sophisticated technology for optimizing exploration and operational strategies.
  • In July 2023, PetroDrone Technologies unveiled its upgraded series of fixed-wing drones, tailored specifically for the oil and gas sector's aerial surveillance needs. These drones boast extended flight endurance and enhanced payload capacities, enabling prolonged and comprehensive monitoring of expansive oil and gas facilities and offshore installations. Equipped with advanced cameras and specialized sensors, PetroDrone's fixed-wing drones capture detailed imagery and environmental data, supporting precise environmental monitoring and compliance efforts. The seamless integration of these drones into operational workflows ensures efficient surveillance and maintenance planning, aligning with the emphasis on safety and regulatory adherence through IoT-driven solutions.
  • In September 2023, AeroTech Solutions launched its specialized line of multi-rotor drones designed for efficient security and emergency response applications within the oil and gas . These drones feature rapid deployment capabilities and advanced sensor technologies, facilitating swift and accurate incident assessments in emergency situations. Equipped with thermal imaging and gas detection sensors, AeroTech's drones aid in detecting leaks, assessing hazards, and providing real-time situational awareness during security breaches or emergency scenarios. The integration of these drones into emergency response protocols underscores the adoption of IoT-driven solutions for enhancing operational preparedness and risk management in critical situations.

Key Market Players

  • DroneTech Corporation
  • SkyVision Solutions
  • PetroDrone Technologies
  • AeroTech Solutions
  • PrecisionDrone Systems
  • Oilfield UAV Services
  • EnergyEye Drones
  • WellScan Technologies
  • GasGuardian Innovations
  • RIG-FLY Technologies

 By Type

By Application

 By Region

  • Hybrid and Nano
  • Fixed-Wing
  • Multi-Rotor
  • Single Rotor
  • Inspection
  • Security & emergency response
  • Surveying & mapping
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Drones in Oil and Gas Market has been segmented into the following categories, in addition to the trends which have also been detailed below:

  • Drones in Oil and Gas Market, By Type:

o   Hybrid and Nano

o   Fixed-Wing

o   Multi-Rotor

o   Single Rotor

  • Drones in Oil and Gas Market, By Application:

o   Inspection

o   Security & emergency response

o   Surveying & mapping  

  • Drones in Oil and Gas Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

§  Vietnam

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

§  Peru

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Drones in Oil and Gas Market.

Available Customizations:

Global Drones in Oil and Gas market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Drones in Oil and Gas Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Impact of COVID-19 on Global Drones in Oil and Gas Market

5.    Voice of Customer

6.    Global Drones in Oil and Gas Market Overview

7.    Global Drones in Oil and Gas Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type (Hybrid and Nano, Fixed-Wing, Multi-Rotor, Single Rotor)

7.2.2.    By Application (Inspection, Security & emergency response, Surveying & mapping)

7.2.3.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.  By Company (2023)

7.4.  Market Map

8.    North America Drones in Oil and Gas Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Drones in Oil and Gas Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Application

8.3.2.    Canada Drones in Oil and Gas Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Application

8.3.3.    Mexico Drones in Oil and Gas Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Application

9.    Europe Drones in Oil and Gas Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Application

9.2.3.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Drones in Oil and Gas Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Application

9.3.2.    France Drones in Oil and Gas Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Application

9.3.3.    United Kingdom Drones in Oil and Gas Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Application

9.3.4.    Italy Drones in Oil and Gas Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type

9.3.4.2.2.           By Application

9.3.5.    Spain Drones in Oil and Gas Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Type

9.3.5.2.2.           By Application

9.3.6.    Belgium Drones in Oil and Gas Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Type

9.3.6.2.2.           By Application

10. South America Drones in Oil and Gas Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Drones in Oil and Gas Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Application

10.3.2. Colombia Drones in Oil and Gas Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Application

10.3.3. Argentina Drones in Oil and Gas Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Application

10.3.4. Chile Drones in Oil and Gas Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By Application

10.3.5. Peru Drones in Oil and Gas Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type

10.3.5.2.2.         By Application

11. Middle East & Africa Drones in Oil and Gas Market Outlook

11.1.            Market Size & Forecast

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Country

11.3.            Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Drones in Oil and Gas Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type

11.3.1.2.2.         By Application

11.3.2. UAE Drones in Oil and Gas Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type

11.3.2.2.2.         By Application

11.3.3. South Africa Drones in Oil and Gas Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type

11.3.3.2.2.         By Application

11.3.4. Turkey Drones in Oil and Gas Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Type

11.3.4.2.2.         By Application

11.3.5. Israel Drones in Oil and Gas Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Type

11.3.5.2.2.         By Application

12. Asia Pacific Drones in Oil and Gas Market Outlook

12.1.            Market Size & Forecast

12.1.1. By Value

12.2.            Market Share & Forecast

12.2.1. By Type

12.2.2. By Application

12.2.3. By Country

12.3.            Asia-Pacific: Country Analysis

12.3.1. China Drones in Oil and Gas Market Outlook

12.3.1.1.     Market Size & Forecast

12.3.1.1.1.         By Value

12.3.1.2.     Market Share & Forecast

12.3.1.2.1.         By Type

12.3.1.2.2.         By Application

12.3.2. India Drones in Oil and Gas Market Outlook

12.3.2.1.     Market Size & Forecast

12.3.2.1.1.         By Value

12.3.2.2.     Market Share & Forecast

12.3.2.2.1.         By Type

12.3.2.2.2.         By Application

12.3.3. Japan Drones in Oil and Gas Market Outlook

12.3.3.1.     Market Size & Forecast

12.3.3.1.1.         By Value

12.3.3.2.     Market Share & Forecast

12.3.3.2.1.         By Type

12.3.3.2.2.         By Application

12.3.4. South Korea Drones in Oil and Gas Market Outlook

12.3.4.1.     Market Size & Forecast

12.3.4.1.1.         By Value

12.3.4.2.     Market Share & Forecast

12.3.4.2.1.         By Type

12.3.4.2.2.         By Application

12.3.5. Australia Drones in Oil and Gas Market Outlook

12.3.5.1.     Market Size & Forecast

12.3.5.1.1.         By Value

12.3.5.2.     Market Share & Forecast

12.3.5.2.1.         By Type

12.3.5.2.2.         By Application

12.3.6. Indonesia Drones in Oil and Gas Market Outlook

12.3.6.1.     Market Size & Forecast

12.3.6.1.1.         By Value

12.3.6.2.     Market Share & Forecast

12.3.6.2.1.         By Type

12.3.6.2.2.         By Application

12.3.7. Vietnam Drones in Oil and Gas Market Outlook

12.3.7.1.     Market Size & Forecast

12.3.7.1.1.         By Value

12.3.7.2.     Market Share & Forecast

12.3.7.2.1.         By Type

12.3.7.2.2.         By Application

13. Market Dynamics

13.1.            Drivers

13.2.            Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.            DroneTech Corporation

15.1.1. Business Overview

15.1.2. Key Revenue and Financials  

15.1.3. Recent Developments

15.1.4. Key Personnel/Key Contact Person

15.1.5. Key Product/Services Offered

15.2.            SkyVision Solutions

15.2.1. Business Overview

15.2.2. Key Revenue and Financials  

15.2.3. Recent Developments

15.2.4. Key Personnel/Key Contact Person

15.2.5. Key Product/Services Offered

15.2.6. Business Overview

15.2.7. Key Revenue and Financials  

15.2.8. Recent Developments

15.2.9. Key Personnel/Key Contact Person

15.2.10.              Key Product/Services Offered

15.3.            PetroDrone Technologies

15.3.1. Business Overview

15.3.2. Key Revenue and Financials  

15.3.3. Recent Developments

15.3.4. Key Personnel/Key Contact Person

15.3.5. Key Product/Services Offered

15.4.            AeroTech Solutions

15.4.1. Business Overview

15.4.2. Key Revenue and Financials  

15.4.3. Recent Developments

15.4.4. Key Personnel/Key Contact Person

15.4.5. Key Product/Services Offered

15.5.            PrecisionDrone Systems

15.5.1. Business Overview

15.5.2. Key Revenue and Financials  

15.5.3. Recent Developments

15.5.4. Key Personnel/Key Contact Person

15.5.5. Key Product/Services Offered

15.6.            Oilfield UAV Services

15.6.1. Business Overview

15.6.2. Key Revenue and Financials  

15.6.3. Recent Developments

15.6.4. Key Personnel/Key Contact Person

15.6.5. Key Product/Services Offered

15.7.            EnergyEye Drones

15.7.1. Business Overview

15.7.2. Key Revenue and Financials  

15.7.3. Recent Developments

15.7.4. Key Personnel/Key Contact Person

15.7.5. Key Product/Services Offered

15.8.            WellScan Technologies

15.8.1. Business Overview

15.8.2. Key Revenue and Financials  

15.8.3. Recent Developments

15.8.4. Key Personnel/Key Contact Person

15.8.5. Key Product/Services Offered

15.9.            GasGuardian Innovations

15.9.1. Business Overview

15.9.2. Key Revenue and Financials  

15.9.3. Recent Developments

15.9.4. Key Personnel/Key Contact Person

15.9.5. Key Product/Services Offered

15.10.         RIG-FLY Technologies

15.10.1.              Business Overview

15.10.2.              Key Revenue and Financials  

15.10.3.              Recent Developments

15.10.4.              Key Personnel/Key Contact Person

15.10.5.              Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Drones in Oil and Gas Market was USD 13.7 Billion in 2023

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The dominant segment by Application in the Global Drones in Oil and Gas Market in 2023 was Surveying & mapping.

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North America stands as the dominant region in the Global Drones in Oil and Gas Market.

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The major drivers for the Global Drones in Oil and Gas Market include enhanced safety measures, cost-effective operations, efficient inspections, data analytics capabilities, and access to remote or hazardous areas

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Srishti Verma

Business Consultant
Press Release

Drones in Oil and Gas Market is expected to register a CAGR of 39.5% during the forecast period

Feb, 2024

The rising use of drones in the oil and gas is driven by their ability to enhance safety, efficiency, and cost-effectiveness in various operations such as monitoring, inspections, and data collection