Renewable Drones Market 2030 By Drone Type (Multirotor, Fixed wing), Solution (End-to-end solution, Point solution), End User (Solar (Solar PV, Solar CSP), Wind) and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
Industry : Energy & Power | Pages : 181 Pages | Published On : Aug 2023
Renewable Drones Market size is estimated to grow from USD 56.8 Billion in 2022 to reach USD 475.6 Billion by 2030, growing at a CAGR of 30.6% during the forecast period from 2023 to 2030.
Major players Renewable Drones Market include: Terra Drone (Japan), DJI Enterprise (China), Aerodyne Measure (US), Parrot Group (France), DroneDeploy (US), DRONE VOLT Group (France), ABJ Drones (US), Sitemark (Belgium), Airpix (India), PrecisionXYZ (US), Skylark Drones (India), FORCE Technology (Denmark), Flyability (Switzerland), Above Surveying (US), Droneflight (UK), SPH Engineering (Latvia), Siemens (Germany), SkySpecs (US), Cognite (Norway), Raptor Maps (US), NanoNet Technologies (US), Singulair (France), ARBOREA INTELLBIRD (Spain), GarudaUAV (India), AirProbe (India), Measure Australia (Australia), Sulzer Schmid Laboratories (Switzerland), Helvetis (Switzerland), CSP Services (Germany), Cyberhawk (US), ideaForge (India), ROBUR Industry Service Group (Germany), Balmore Group (Scotland), Aerospec Technologies(US) & others.
The renewable drones market is a segment of the drone market that specifically deals with the use of drones in the renewable energy industry. Drones are being used in a variety of ways in the renewable energy industry, including Inspection, Surveying, Mapping, Delivery, and Monitoring. The renewable drones market is expected to grow significantly in the coming years due to the increasing demand for renewable energy and the growing capabilities of drones. The market is also being driven by the need for more efficient and cost-effective ways to inspect, survey, map, deliver, and monitor renewable energy sites. Also, the increasing use of drones for reducing the cost of inspection operation, and the growing focus on asset optimization at the global level. Also, the continuous growth of the construction of solar and wind farm is further boosting the growth of the market in the future. The solar farms have large installations, which have increased the need for a thermal camera that can scan the whole farm for defects in a faster speed than the hand-held thermal camera on the ground. A drone can inspect 1 wind turbine in about 40 minutes. Therefore, the ability of drones to provide faster, accurate, and economical solutions for solar and wind farm inspections is another major factor that is increasing the demand of the market. Increasing demand for clean energy applications in drone technology across several, changing trends and expansion in agriculture and the logistics industry are some other factors expected to expand the market growth.
The continuous growth in the renewable energy sector is creating new opportunities for the demand of drones. The renewable energy plants are being built at a faster pace by using advanced technologies to meet the strong demand for clean and sustainable energy. This factor is creating many growth opportunities for the market. Moreover, the increasing demand for UAVs, especially for the line-of-sight applications, to watch ocean-going ships, to inspect offshore platforms and refineries, and to monitor power lines and solar panels, is further stimulating the demand for drones around the world. On the other hand, the various legal regulations for performing drone operations is a major factor that is likely to hinder the growth of the market. The insufficient synchronization of these laws with the constant technological advancements in drone technology is likely to hinder the market growth.
The Passenger Cars Segment is the dominant segment in the Renewable Drones Market.
Based on the drone type, the multirotor segment is expected to grow at a higher CAGR in the forecast period. This is mainly because of the many benefits that multi-rotor aircraft have over fixed-wing drones. The multi-rotor drone can take off in a small space, hover in the air, and move around objects for inspection, modeling, and mapping. They are specially designed to fold down and pack up into smaller cases, which makes them easy to transport. The multirotor drones have huge advantages over fixed-wing drones in terms of landing, hovering, and controlling with multiple propellers, which will increase the segment’s growth. Also, multirotor drones offer compact packing and transportation, which will strengthen the segment’s growth.
North America Dominates the Global Renewable Drones Market.
Based on the region, The Asia-pacific region is expected to lead the renewable drone market during the forecast period. The high demand for electricity due to fast urbanization, industrialization, and population growth, is motivating the government to invest in the renewable power generation infrastructure, which will increase the demand for drones in the renewable energy sector. Also, the growing number of subsidies for upgrading the renewable energy sector will further enhance the market growth in the region. More electric appliance users in the developing countries like China and India will create huge opportunities for the market. The region is likely to see an increase in investments due to the quickly falling prices of solar panels. The North American renewable drones market is expected to see a promising growth in the future, because of the strategic norms for solar energy and increasing demand from different industries.
Renewable Drones Market Scope and Market Size
Analysis |
Details |
Report Forecast Period |
2023-2030 |
Base Year |
2022 |
CAGR Values |
30.6% |
Projection Values in 2022 |
USD 56.8 Billion |
Projection Values in 2030 |
USD 475.6 Billion |
Segment covered |
By Drone Type, Solution, End User and Region |
Region |
North America, Latin America, Europe, Asia-Pacific, Rest of the World |
The Renewable Drones Market research report provides an in-depth overview of the industry including market segmentation by drone type, solution, end user and region. Analysis of the global market with a special focus on high-growth applications in each vertical and fast-growing market segment. It includes a detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top player’s rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, and game-changing developments such as new product launches, collaborations, expansions, investment analysis, mergers, and acquisitions.
Renewable Drones Market is segmented by region and further by drone type, solution, and end user. Players, stakeholders, and other participants in the global Renewable Drones Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue forecast for the period 2023-2030.
The report further studies the market strategies of key players, recent development status, future plans, and Renewable Drones Market trends across the world. Also, it splits Renewable Drones Market Segmentation by drone type, solution, end user and region to deep dive research and reveals company profile and prospects.
Major Classifications are as follows:
- Renewable Drones Market, By Drone Type
- Multirotor
- Fixed wing
- Renewable Drones Market, By Solution
- End-to-end solution
- Point solution
- Renewable Drones Market, By End User
- Solar
- Solar PV
- Solar CSP
- Wind
- Solar
- Renewable Drones Market, By Geography
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Middle East
- UAE
- Saudi Arabia
- Israel
- Africa
- South Africa
- Rest of Africa
- Middle East
- North America
Reason to purchase this Renewable Drones Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Renewable Drones Market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and Renewable Drones Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Renewable Drones Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Renewable Drones Market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Renewable Drones Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
TOC
- Executive Summary
- Introduction
- Key Takeaways
- Report Description
- Market Scope & Definition
- Stakeholders
- Research Methodology
- Market size
- Key data points from primary sources
- Key data points from secondary sources
- List of primary sources
- List of secondary sources
- Market Overview
- Introduction
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
- Pricing Analysis
- Pricing Analysis, By Products
- Average Pricing Benchmark Analysis
- Renewable Drones Market, By Drone Type
- Multirotor
- Fixed wing
- Renewable Drones Market, By solution
- End-to-end solution
- Point solution
- Renewable Drones Market, By End User
- Solar
- Solar PV
- Solar CSP
- Wind
- Solar
- Renewable Drones Market, By Geography
- Renewable Drones Market, North America
- U.S.
- Canada
- Renewable Drones Market, Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Renewable Drones Market, Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Renewable Drones Market, Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Renewable Drones Market, Rest of the world
- Middle East
- UAE
- Saudi Arabia
- Israel
- Africa
- South Africa
- Rest of Africa
- Middle East
- Renewable Drones Market, North America
- Competitive Analysis
- Introduction
- Top Companies Ranking
- Competitive Landscape
- Competition Dashboard
- Market Analysis (2022)
- Emerging company case studies
- Company Profiles
- Terra Drone (Japan)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- DJI Enterprise (China)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Aerodyne Measure (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Parrot Group (France)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- DroneDeploy (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- DRONE VOLT Group (France)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- ABJ Drones (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Sitemark (Belgium)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Airpix (India)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- PrecisionXYZ (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Skylark Drones (India)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- FORCE Technology (Denmark)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Flyability (Switzerland)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Above Surveying (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Droneflight (UK)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- SPH Engineering (Latvia)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Siemens (Germany)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- SkySpecs (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Cognite (Norway)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Raptor Maps (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- NanoNet Technologies (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Singulair (France)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- ARBOREA INTELLBIRD (Spain)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- GarudaUAV (India)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- AirProbe (India)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Measure Australia (Australia)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Sulzer Schmid Laboratories (Switzerland)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Helvetis (Switzerland)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- CSP Services (Germany)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Cyberhawk (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- ideaForge (India)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- ROBUR Industry Service Group (Germany)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Balmore Group (Scotland)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Aerospec Technologies (US)
- Business Overview
- Product Portfolio
- Market Segments (Business Segment/Region)
- Sales Footprint
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- Terra Drone (Japan)
Table and Figures
Methodology:
At MarketDigits, we take immense pride in our 360° Research Methodology, which serves as the cornerstone of our research process. It represents a rigorous and comprehensive approach that goes beyond traditional methods to provide a holistic understanding of industry dynamics.
This methodology is built upon the integration of all seven research methodologies developed by MarketDigits, a renowned global research and consulting firm. By leveraging the collective strength of these methodologies, we are able to deliver a 360° view of the challenges, trends, and issues impacting your industry.
The first step of our 360° Research Methodology™ involves conducting extensive primary research, which involves gathering first-hand information through interviews, surveys, and interactions with industry experts, key stakeholders, and market participants. This approach enables us to gather valuable insights and perspectives directly from the source.
Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.
Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.
In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.
To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.
The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.
In summary, our 360° Research Methodology is designed to provide you with a deep understanding of your industry by integrating various research techniques, industry expertise, and data-driven analysis. It ensures that every business decision you make is based on a well-triangulated and comprehensive research experience.
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