Renewable Drones Market Developments by 2031
Renewable Drones in the energy sector are composed to grow at a substantial rate as the industry is devoting in the services offered by a UAVs, for line-of-sight applications, to detect ocean-going ships, to inspect or wind turbine, to inspect offshore platforms and refineries, monitor power lines, and solar panel.
MARKET DYNAMICS
The rising adoption of drones to reduce the cost of inspection operation is one of the major factors driving the growth of the renewable drones' market. The growing construction of solar and wind farms is anticipated to boost the growth of the renewable drones' market.
MARKET SCOPE
The "Global Renewable Drones Market Analysis to 2031" is a specialized and in-depth study of the renewable drones' market with a special focus on the global market trend analysis. The report aims to provide an overview of renewable drones' market with detailed market segmentation by type, solution, end user. The global renewable drones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading renewable drones market players and offers key trends and opportunities in the renewable drones market.
MARKET SEGMENTATION
The global renewable drone market is segmented on the basis of type, solution, end user. On the basis of type, the market is segmented as multi-rotor, fixed wing. On the basis of solution, the market is segmented as end-to-end solution, point solution. On the basis of end user, the market is segmented as solar, wind.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global renewable drone market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The renewable drone market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting renewable drone market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the renewable drones market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global renewable drone market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The renewable drone market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting renewable drone market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the renewable drones market in these regions.
MARKET PLAYERS
The reports cover key developments in the renewable drone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from renewable drone market are anticipated to lucrative growth opportunities in the future with the rising demand for renewable drone market. Below mentioned is the list of few companies engaged in the market.
The report also includes the profiles of key renewable drone market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABJ Drones
- DRONE VOLT Group
- DJI Enterprise
- DroneDeploy
- Flyability
- Parrot Group
- Skylark Drones
- Raptor Maps, Inc.
- Terra Drone Corp
- PrecisionXYZ
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Renewable Drones Market - By Type
1.3.2Renewable Drones Market - By Solution
1.3.3Renewable Drones Market - By End User
1.3.4Renewable Drones Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.RENEWABLE DRONES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTEr's FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.RENEWABLE DRONES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.RENEWABLE DRONES MARKET - GLOBAL MARKET ANALYSIS
6.1.RENEWABLE DRONES - GLOBAL MARKET OVERVIEW
6.2.RENEWABLE DRONES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.RENEWABLE DRONES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.MULTI-ROTOR
7.3.1.Overview
7.3.2.Multi-Rotor Market Forecast and Analysis
7.4.FIXED WING
7.4.1.Overview
7.4.2.Fixed wing Market Forecast and Analysis
8.RENEWABLE DRONES MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
8.1.OVERVIEW
8.2.SOLUTION MARKET FORECASTS AND ANALYSIS
8.3.END-TO-END SOLUTION
8.3.1.Overview
8.3.2.End-to-end solution Market Forecast and Analysis
8.4.POINT SOLUTION
8.4.1.Overview
8.4.2.Point solution Market Forecast and Analysis
9.RENEWABLE DRONES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.SOLAR
9.3.1.Overview
9.3.2.Solar Market Forecast and Analysis
9.3.3.Solar PV Market
9.3.3.1.Overview
9.3.3.2.Solar PV Market Forecast and Analysis
9.3.4.Solar CSP Market
9.3.4.1.Overview
9.3.4.2.Solar CSP Market Forecast and Analysis
9.4.WIND
9.4.1.Overview
9.4.2.Wind Market Forecast and Analysis
10.RENEWABLE DRONES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Renewable Drones Market Overview
10.1.2North America Renewable Drones Market Forecasts and Analysis
10.1.3North America Renewable Drones Market Forecasts and Analysis - By Type
10.1.4North America Renewable Drones Market Forecasts and Analysis - By Solution
10.1.5North America Renewable Drones Market Forecasts and Analysis - By End User
10.1.6North America Renewable Drones Market Forecasts and Analysis - By Countries
10.1.6.1United States Renewable Drones Market
10.1.6.1.1United States Renewable Drones Market by Type
10.1.6.1.2United States Renewable Drones Market by Solution
10.1.6.1.3United States Renewable Drones Market by End User
10.1.6.2Canada Renewable Drones Market
10.1.6.2.1Canada Renewable Drones Market by Type
10.1.6.2.2Canada Renewable Drones Market by Solution
10.1.6.2.3Canada Renewable Drones Market by End User
10.1.6.3Mexico Renewable Drones Market
10.1.6.3.1Mexico Renewable Drones Market by Type
10.1.6.3.2Mexico Renewable Drones Market by Solution
10.1.6.3.3Mexico Renewable Drones Market by End User
10.2.EUROPE
10.2.1Europe Renewable Drones Market Overview
10.2.2Europe Renewable Drones Market Forecasts and Analysis
10.2.3Europe Renewable Drones Market Forecasts and Analysis - By Type
10.2.4Europe Renewable Drones Market Forecasts and Analysis - By Solution
10.2.5Europe Renewable Drones Market Forecasts and Analysis - By End User
10.2.6Europe Renewable Drones Market Forecasts and Analysis - By Countries
10.2.6.1Germany Renewable Drones Market
10.2.6.1.1Germany Renewable Drones Market by Type
10.2.6.1.2Germany Renewable Drones Market by Solution
10.2.6.1.3Germany Renewable Drones Market by End User
10.2.6.2France Renewable Drones Market
10.2.6.2.1France Renewable Drones Market by Type
10.2.6.2.2France Renewable Drones Market by Solution
10.2.6.2.3France Renewable Drones Market by End User
10.2.6.3Italy Renewable Drones Market
10.2.6.3.1Italy Renewable Drones Market by Type
10.2.6.3.2Italy Renewable Drones Market by Solution
10.2.6.3.3Italy Renewable Drones Market by End User
10.2.6.4United Kingdom Renewable Drones Market
10.2.6.4.1United Kingdom Renewable Drones Market by Type
10.2.6.4.2United Kingdom Renewable Drones Market by Solution
10.2.6.4.3United Kingdom Renewable Drones Market by End User
10.2.6.5Russia Renewable Drones Market
10.2.6.5.1Russia Renewable Drones Market by Type
10.2.6.5.2Russia Renewable Drones Market by Solution
10.2.6.5.3Russia Renewable Drones Market by End User
10.2.6.6Rest of Europe Renewable Drones Market
10.2.6.6.1Rest of Europe Renewable Drones Market by Type
10.2.6.6.2Rest of Europe Renewable Drones Market by Solution
10.2.6.6.3Rest of Europe Renewable Drones Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Renewable Drones Market Overview
10.3.2Asia-Pacific Renewable Drones Market Forecasts and Analysis
10.3.3Asia-Pacific Renewable Drones Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Renewable Drones Market Forecasts and Analysis - By Solution
10.3.5Asia-Pacific Renewable Drones Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Renewable Drones Market Forecasts and Analysis - By Countries
10.3.6.1Australia Renewable Drones Market
10.3.6.1.1Australia Renewable Drones Market by Type
10.3.6.1.2Australia Renewable Drones Market by Solution
10.3.6.1.3Australia Renewable Drones Market by End User
10.3.6.2China Renewable Drones Market
10.3.6.2.1China Renewable Drones Market by Type
10.3.6.2.2China Renewable Drones Market by Solution
10.3.6.2.3China Renewable Drones Market by End User
10.3.6.3India Renewable Drones Market
10.3.6.3.1India Renewable Drones Market by Type
10.3.6.3.2India Renewable Drones Market by Solution
10.3.6.3.3India Renewable Drones Market by End User
10.3.6.4Japan Renewable Drones Market
10.3.6.4.1Japan Renewable Drones Market by Type
10.3.6.4.2Japan Renewable Drones Market by Solution
10.3.6.4.3Japan Renewable Drones Market by End User
10.3.6.5South Korea Renewable Drones Market
10.3.6.5.1South Korea Renewable Drones Market by Type
10.3.6.5.2South Korea Renewable Drones Market by Solution
10.3.6.5.3South Korea Renewable Drones Market by End User
10.3.6.6Rest of Asia-Pacific Renewable Drones Market
10.3.6.6.1Rest of Asia-Pacific Renewable Drones Market by Type
10.3.6.6.2Rest of Asia-Pacific Renewable Drones Market by Solution
10.3.6.6.3Rest of Asia-Pacific Renewable Drones Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Renewable Drones Market Overview
10.4.2Middle East and Africa Renewable Drones Market Forecasts and Analysis
10.4.3Middle East and Africa Renewable Drones Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Renewable Drones Market Forecasts and Analysis - By Solution
10.4.5Middle East and Africa Renewable Drones Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Renewable Drones Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Renewable Drones Market
10.4.6.1.1South Africa Renewable Drones Market by Type
10.4.6.1.2South Africa Renewable Drones Market by Solution
10.4.6.1.3South Africa Renewable Drones Market by End User
10.4.6.2Saudi Arabia Renewable Drones Market
10.4.6.2.1Saudi Arabia Renewable Drones Market by Type
10.4.6.2.2Saudi Arabia Renewable Drones Market by Solution
10.4.6.2.3Saudi Arabia Renewable Drones Market by End User
10.4.6.3U.A.E Renewable Drones Market
10.4.6.3.1U.A.E Renewable Drones Market by Type
10.4.6.3.2U.A.E Renewable Drones Market by Solution
10.4.6.3.3U.A.E Renewable Drones Market by End User
10.4.6.4Rest of Middle East and Africa Renewable Drones Market
10.4.6.4.1Rest of Middle East and Africa Renewable Drones Market by Type
10.4.6.4.2Rest of Middle East and Africa Renewable Drones Market by Solution
10.4.6.4.3Rest of Middle East and Africa Renewable Drones Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Renewable Drones Market Overview
10.5.2South and Central America Renewable Drones Market Forecasts and Analysis
10.5.3South and Central America Renewable Drones Market Forecasts and Analysis - By Type
10.5.4South and Central America Renewable Drones Market Forecasts and Analysis - By Solution
10.5.5South and Central America Renewable Drones Market Forecasts and Analysis - By End User
10.5.6South and Central America Renewable Drones Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Renewable Drones Market
10.5.6.1.1Brazil Renewable Drones Market by Type
10.5.6.1.2Brazil Renewable Drones Market by Solution
10.5.6.1.3Brazil Renewable Drones Market by End User
10.5.6.2Argentina Renewable Drones Market
10.5.6.2.1Argentina Renewable Drones Market by Type
10.5.6.2.2Argentina Renewable Drones Market by Solution
10.5.6.2.3Argentina Renewable Drones Market by End User
10.5.6.3Rest of South and Central America Renewable Drones Market
10.5.6.3.1Rest of South and Central America Renewable Drones Market by Type
10.5.6.3.2Rest of South and Central America Renewable Drones Market by Solution
10.5.6.3.3Rest of South and Central America Renewable Drones Market by End User
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.RENEWABLE DRONES MARKET, KEY COMPANY PROFILES
12.1.ABJ DRONES
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.DRONE VOLT GROUP
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.DJI ENTERPRISE
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.DRONEDEPLOY
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.FLYABILITY
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.PARROT GROUP
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.SKYLARK DRONES
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.RAPTOR MAPS, INC.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.TERRA DRONE CORP
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.PRECISIONXYZ
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. ABJ Drones
2. DRONE VOLT Group
3. DJI Enterprise
4. DroneDeploy
5. Flyability
6. Parrot Group
7. Skylark Drones
8. Raptor Maps, Inc.
9. Terra Drone Corp
10. PrecisionXYZ
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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