Report Description

Global Utility Drones Market, By Type (Multi-Rotor and Fixed Wing), By Services (End-To-End Solution and Point Solution), By End User (Power and Renewable), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Power

Global Utility Drones Market is projected to reach USD 539.12 million by 2023, at a CAGR of over 38% during 2019-2023. Rising demand for minimize service time and cost efficiency, and reachability in dangerous locations are the major drivers of the utility drones market. Based on services, the market has been segmented into End-To-End Solution and Point Solution. In 2017, the End-To-End Solution services segment dominated the market. The End-To-End solutions includes the delivery of the drone, drone pilots, engineers, software, data management, consulting, among several other services. Based on type, the market has been categorised into Multi-Rotor and Fixed Wing. In 2017, the multi-rotor segment dominated the market and is anticipated to maintain its dominance over the next five years as well since these are cheap and readily available in the market and are increasingly utilized for aerial inspection and photography. Based on region, North America region is anticipated to lead the Global Utility Drones market owing to increasing investments in energy projects like renewable energies and oil & gas. Key players operating in the Utility Drones Market are Aerovel, Altavian, Precision Hawk, Sky-Future, Skylark Drones Pvt Ltd among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Utility Drones Market, in terms of value.
  • To classify and forecast Global Utility Drones Market based on type, services, end-user and regional distribution.
  • To identify drivers and challenges for Global Utility Drones Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Utility Drones Market.
  • To conduct the pricing analysis for Utility Drones Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Utility Drones Market.

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Some of the leading players in the Global Utility Drones Market are Asset Drone, Aerodyne, Sharper Shape, Sky-Futures, ULC Robotics, Measure, Cyberhawk, Terra Drone, Sky Scape, ABJ Drones etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Utility Drones Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Manufacturers of utility drones
  • Service providers of Energy
  • End consumers
  • Energy & environment associations
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • Market, By Type:
    • Multi-Rotor
    • Fixed Wing
  • Market, By Services:
    • End-To-End Solution
    • Point Solution
  • Market, By End User:
    • Power

§  Generation

§  Transmission & distribution

    • Renewable

§  Solar

§  Wind

  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Utility Drones Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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