Inspection Drone Market to Generate $8.6 Billion by 2031:

2022-09-23 20:49:58 By : Mr. WARREN NG

September 07, 2022 09:42 ET | Source: Allied Market Research Allied Market Research

Portland, OR , Sept. 07, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global inspection drone market generated $1.9 billion in 2021, and is projected to reach $8.6 billion by 2031, growing at a CAGR of 16.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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Inspection Drone Industry Report Coverage & Details:

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The report offers detailed segmentation of the global inspection drone market based on drone type, operation mode, end-use industry, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

Based on drone type, the multirotor drone segment held the dominating market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The hybrid drone segment, on the other hand, is expected to cite the fastest CAGR of 18.7% during the forecast period.

Based on operation mode, the semi-autonomous segment held the largest market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The fully autonomous segment, on the other hand, is expected to cite the fastest CAGR of 17.9% during the forecast period.

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Based on end-use industry, the construction and infrastructure segment held the dominating market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The agriculture segment, on the other hand, is expected to cite the fastest CAGR of 17.8% during the forecast period.

Based on region, the market across the North America region held the largest market share in 2021, holding two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 18.1% during the forecast period.

The key players analyzed in the global inspection drone market report include American Robotics, Inc., Aerovironment Inc, Ageagle Aerial Systems Inc, DJI, Israel Aerospace Industries, Microdrones, Parrot SA, PrecisionHawk, Trimble Inc., and Yamaha Motor Corp.

The report analyzes these key players in the global inspection drone market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players in the market.

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