Drones in Oil and Gas Market – Global Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Fixed-Wing, Multi-Rotor, Single Rotor), By Application (Inspection, Security & emergency response, Surveying & mapping), By Region & Competition, 2019-2029F

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Summary

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 Size (2029)

USD 99.25 Billion





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 is experiencing significant growth, driven by the increasing adoption of advanced technologies for efficient and safe operations. Companies in the oil and gas sector are leveraging drones for a range of applications including pipeline inspection, infrastructure monitoring, and emergency response. These unmanned aerial vehicles (UAVs) offer a cost-effective solution for monitoring and inspecting vast and often hazardous areas, reducing the need for human intervention in dangerous environments. The ability to capture high-resolution images and real-time data enhances the accuracy and speed of inspections, leading to improved maintenance and operational efficiency.

Several key trends are shaping the market, notably the integration of artificial intelligence (AI) and machine learning (ML) with drone technology. This synergy enables predictive maintenance and advanced data analytics, offering deeper insights into the operational status of equipment and infrastructure. The advancement of long-endurance and high-payload drones is broadening the range of applications, allowing for more complex and extended missions. Additionally, the rising use of drones for methane emission detection and environmental monitoring supports the industry's shift towards sustainability and regulatory compliance. Collaboration between drone manufacturers and oil and gas companies is driving innovation, resulting in custom solutions tailored to specific industry requirements. For example, Delta Airlines (DAL) is set to deploy the first biometric terminal at Atlanta International Airport using AI, while Swiss International Air saved USD 5.4 million in 2022 by applying AI to boost operational efficiency. Moreover, Lufthansa is employing AI models to better understand complex wind flow patterns in Switzerland, which frequently lead to flight delays or cancellations in Central Europe, showing a 40% improvement in forecasting accuracy. These developments are fueling increased market demand.

Challenges in the market include regulatory hurdles and safety concerns. The regulatory landscape for drone operations is complex and varies significantly across different countries, posing a barrier to the widespread adoption of drone technology. Ensuring the safety and reliability of drone operations in harsh and hazardous environments is critical, as any malfunction could lead to significant operational disruptions and safety risks. Cybersecurity is another major concern, with the increasing connectivity and data exchange associated with drone operations making them potential targets for cyber-attacks. Addressing these challenges requires continuous advancements in drone technology, robust regulatory frameworks, and the development of comprehensive safety and cybersecurity protocols. The market presents substantial opportunities for growth, driven by technological advancements and the increasing need for efficient and safe operational solutions in 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 growth of Drone-as-a-Service (DaaS) models is revolutionizing the accessibility and affordability of drone technology for oil and gas companies. DaaS providers deliver comprehensive solutions, encompassing drone hardware, software, pilot services, data processing, and analytics on a subscription or project basis. This approach enables companies to utilize drone technology without significant upfront investments in equipment and training. DaaS providers often specialize in specific applications, customizing their services to address the unique requirements of the oil and gas sector. For instance, in Jan 2023, Terra Drone has secured USD14 million in funding from Aramco's Wa’ed Ventures. This investment aims to support Terra Drone's expansion and technological advancements in the drone industry, enhancing its capabilities in inspection, surveying, and aerial data collection. These factors are expected to drive market growth over the forecast period.

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 is experiencing rapid growth in the global oil and gas market. These drones are highly favored due to their versatility, maneuverability, and ease of use. Equipped with multiple rotors, they offer stability and precision, making them ideal for detailed inspections and monitoring tasks. In the oil and gas industry, multi-rotor drones are employed for pipeline inspections, site surveillance, and environmental monitoring. Their ability to hover and capture high-resolution images and videos allows for thorough examination of infrastructure, detecting leaks, and assessing potential hazards efficiently.

Advancements in drone technology have led to improved payload capacities, longer flight times, and enhanced data collection capabilities, further driving their adoption. The integration of advanced sensors, such as thermal and LiDAR, enables multi-rotor drones to perform complex tasks, including detecting gas emissions and mapping terrain.

Cost-effectiveness and safety are additional factors contributing to the popularity of multi-rotor drones. They reduce the need for manual inspections, which can be hazardous and time-consuming, thereby minimizing risks to personnel and operational downtime. As the oil and gas industry continues to prioritize safety, efficiency, and cost reduction, the demand for multi-rotor drones is expected to remain strong, solidifying their position as the fastest-growing segment in this market.



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Regional Insights

North America leads the global drone market in the oil and gas sector, driven by technological advancements and strong industry adoption. The region benefits from a well-established infrastructure, extensive oil and gas reserves, and regulatory support that facilitates the integration of drones into operations. Companies in the United States and Canada are at the forefront, utilizing drones for various applications such as pipeline inspections, rig monitoring, and environmental assessments.

The adoption of drones in North America is propelled by the need for enhanced safety and efficiency. Drones reduce the necessity for manual inspections in hazardous environments, thereby minimizing risks to personnel and operational downtime. They offer high-resolution imaging and advanced sensor capabilities, allowing for precise monitoring and maintenance of infrastructure.

North America's investment in research and development has resulted in cutting-edge drone technologies. The integration of AI, machine learning, and advanced analytics with drones has revolutionized data collection and interpretation, providing actionable insights that improve decision-making processes.

Regulatory frameworks in the U.S. and Canada also support the commercial use of drones, offering clear guidelines that encourage innovation while ensuring safety and compliance. As the oil and gas industry increasingly prioritizes efficiency and safety, North America's leadership in drone technology is expected to continue, reinforcing its dominant position in the market.

Recent Developments

  • In Aug 2023, Terra Drone has acquired a majority share in Unifly, a leading provider of Unmanned Aircraft System Traffic Management (UTM) technology. This strategic move aims to enhance global drone and urban air mobility operations, solidifying Terra Drone's position in the industry.
  • AeroVironment, Inc. has completed its acquisition of Tomahawk Robotics. This strategic move aims to enhance AeroVironment's portfolio with advanced robotics and AI capabilities, strengthening its position in the unmanned systems market and expanding its technological offerings.
  • In Sep 2023, Terra Drone has expanded into the agriculture sector by acquiring business assets from Avirtech. This strategic acquisition aims to enhance Terra Drone's capabilities in agricultural technology, offering advanced drone solutions for crop monitoring, pest control, and precision farming.

Key Market Players

  • DroneTechUAV Corporation
  • SZ DJI Technology Co., Ltd.
  • Cyberhawk Innovations Limited
  • Terra Drone Corp.
  • Airobotics Ltd.
  • Flyability SA
  • DRONE VOLT
  • Elistair SAS
  • Sharper Shape Inc.
  • AeroVironment, Inc.

 By Type

By Application

 By Region
  • 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   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).

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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

2.6.  Approach for the Market Study

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

2.8.  Forecasting Methodology

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 Market Share Analysis (Fixed-Wing, Multi-Rotor, Single Rotor)

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

7.2.3.    By Region Market Share Analysis

7.2.4.   By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

7.3.  Global Drones in Oil and Gas Market Mapping & Opportunity Assessment

  7.3.1.     By Type Market Mapping & Opportunity Assessment

  7.3.2.     By Application Market Mapping & Opportunity Assessment

  7.3.3.     By Region Market Mapping & Opportunity Assessment

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 Market Share Analysis

8.2.2.    By Application Market Share Analysis

8.2.3.    By Country Market Share Analysis

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 Market Share Analysis

8.3.1.2.2.           By Application Market Share Analysis

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 Market Share Analysis

8.3.2.2.2.           By Application Market Share Analysis

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 Market Share Analysis

8.3.3.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.2.2.    By Application Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.3.  Europe & CIS: 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 Market Share Analysis

9.3.1.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.3.2.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.3.3.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.3.4.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.3.5.2.2.           By Application Market Share Analysis

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 Market Share Analysis

9.3.6.2.2.           By Application Market Share Analysis

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 Market Share Analysis

10.2.2. By Application Market Share Analysis

10.2.3. By Country Market Share Analysis

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 Market Share Analysis

10.3.1.2.2.         By Application Market Share Analysis

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 Market Share Analysis

10.3.2.2.2.         By Application Market Share Analysis

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 Market Share Analysis

10.3.3.2.2.         By Application Market Share Analysis

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 Market Share Analysis

10.3.4.2.2.         By Application Market Share Analysis

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 Market Share Analysis

10.3.5.2.2.         By Application Market Share Analysis

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 Market Share Analysis

11.2.2. By Application Market Share Analysis

11.2.3. By Country Market Share Analysis

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 Market Share Analysis

11.3.1.2.2.         By Application Market Share Analysis

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 Market Share Analysis

11.3.2.2.2.         By Application Market Share Analysis

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 Market Share Analysis

11.3.3.2.2.         By Application Market Share Analysis

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 Market Share Analysis

11.3.4.2.2.         By Application Market Share Analysis

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 Market Share Analysis

11.3.5.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.2.2. By Application Market Share Analysis

12.2.3. By Country Market Share Analysis

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 Market Share Analysis

12.3.1.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.2.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.3.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.4.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.5.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.6.2.2.         By Application Market Share Analysis

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 Market Share Analysis

12.3.7.2.2.         By Application Market Share Analysis

13. Market Dynamics

13.1.            Drivers

13.2.            Challenges

14. Market Trends and Developments

15. Company Profiles

15.1. DroneTechUAV 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. SZ DJI Technology Co., Ltd.

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.Cyberhawk Innovations Limited

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.Terra Drone Corp.

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. Airobotics Ltd.

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. Flyability SA

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. DRONE VOLT

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. Elistair SAS

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. Sharper Shape Inc.

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. AeroVironment, Inc.

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 fastest growing segment by type in the Global Drones in Oil and Gas Market in 2023 was Multi-Rotor.

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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

Related Reports

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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% through 2029

Jul, 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

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