Drone Analytics Market
Drone Analytics Market Size, Share & Trends Analysis Report by Application (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground exploration, Volumetric Calculation and 3D modeling) and by End-User Industry (Construction, Agriculture, Energy, Law Enforcement, Other Industries) Forecast Period (2024-2031)
Drone analytics market is anticipated to grow at a CAGR of 28.7% during the forecast period (2024-2031).Drone analytics is used by a number of end users to handle and examine the information gathered from the drone sensors. It is used in logistics, asset monitoring, surveillance, safety inspections, security monitoring, and general environmental research by scanning far-off regions. Businesses are heavily investing in drone analytics solutions due to the increasing number of drones being used for a variety of purposes.
Market Dynamics
Rise in demand for safe and accurate monitoring
Drones are becoming common in a variety of industries such as mining, oil and gas, real estate, logistics and agriculture. This is due to time and safety constraints delay caused due to the traditional data collecting method, which frequently results in a lack of comprehensive data for monitoring and assessment. Drones provide data and carry out synchronous monitoring for a variety of applications, making them a reliable data collecting tool. Its use is also increasing due to features such as affordability, precision, and time efficiency.
Drone Analytics technology advancements
Drones equipped with sensors and cameras are currently proving their value in capturing footage in real time which can also be saved for review later. Compared to conventional approaches, unmanned aerial systems have the ability to identify malfunctioning structures and equipment at a lower cost and in a shorter amount of time. The range of applications for these inspection drones is expanding thanks to cutting-edge technology like machine learning and lasers is needed to complete particular jobs while conducting the inspection. Manufacturers of drones have opportunities for market expansion to this new capacity.
Market Segmentation
Our in-depth analysis of the global Drone Analytics market includes the following segments by application and end-user industry:
- Based on application, the market is sub-segmented into thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculation, 3D modeling.
- Based on the end-user industry, the market is divided into construction, agriculture, energy, law enforcement and other.
Demand from the construction industry is anticipated to rise in the upcoming years
Drones have been fast taking the place of conventional land-surveillance methods because they minimize the possibility of human error while offering a significant labor and time reduction in capturing the essential data. They are being used more to visually check high-risk regions of a building site. Drone data collection in real-time enhances the effectiveness of on-site administration and communication. In order to streamline operations at a construction site, engineers and surveyors can also use drones to assess high-rise structures, visualize project progress through aerial photos, and provide an overview of prospective problems. Construction companies have improved their infrastructure and optimized day-to-day operations with the use of sophisticated data analytics and drone-captured photos.
Regional Outlook
The global Drone Analytics market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific is anticipated to Exhibit Considerable CAGR
The Asia-Pacific market is increased as a result of recent modifications to drone laws in a number of the region's nations. China is the world's center for drone production. The Chinese government is providing subsidies and other domestic policies to promote the adoption of drones in various industrial sectors. Australia is also emerging as a major industrial hub in Asia-Pacific, which is witnessing the rising importance of BVLOS testing.
Global Drone Analytics Market Growth by Region 2024-2031
Europe to Make Considerable Contribution to the Global Market
The European Aviation Safety Agency (EASA) has modified its drone laws to facilitate the use of drones in a variety of industries, including infrastructure, agriculture, transportation, entertainment, and security. Drone manufacturers offers a wide range of drone models in different sizes, weights, and payload carrying capacities to support the vast range of commercial applications thanks to developments in drone technologies.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global Drone Analytics market include AeroVironment Inc., Kespry Inc., DroneDeploy Inc., PrecisionHawk Inc. and Pix4D SA among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in November 2023, Percepto announced that the Federal Aviation Administration (FAA) granted the company a national waiver to operate a full fleet of Percepto drones remotely by one operator. The new approval allows for commercial operation of up to 30 drones, simultaneously with one pilot, redefining drone automation and remote operations.
Further, in August 2021, Tamil Nadu government deployed drones to survey and monitor illegal mining. Drones to helped government to control illegal mining of minerals through survey and monitoring of around 1,700 quarries.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global drone analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. AeroVironment Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Kespry Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. DroneDeploy Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Drone Analytics Market by End-User Industry
4.1.1. Construction
4.1.2. Agriculture
4.1.3. Energy
4.1.4. Law Enforcement
4.1.5. Other Industries(Telecommunication, Urban Planning)
4.2. Global Drone Analytics Market by Application
4.2.1. Thermal Detection
4.2.2. Geolocation Tagging
4.2.3. Aerial Monitoring
4.2.4. Ground Exploration
4.2.5. Volumetric Calculation
4.2.6. 3D modeling
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AgEagle Aerial Systems Inc.
6.2. Delair SAS
6.3. Delta Drone (Tonner Drones)
6.4. DroneSense Inc.
6.5. Esri Global Inc.
6.6. Heavy Construction Systems Specialists Inc. ?
6.7. Optelos
6.8. Pix4D SA
6.9. PrecisionHawk Inc.
6.10. Sentera Inc.
6.11. Skycatch Inc.
1. GLOBAL DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
2. GLOBAL THERMAL DETECTION IN DRONE ANALYTICSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL GEOLOCATION TAGGING IN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL AERIAL MONITORING IN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL GROUND EXPLORATIN IN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL VOLUMETRIC CALCULATION IN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL 3D MODELING IN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY RND-USER INDUSTRY, 2023-2031 ($ MILLION)
9. GLOBAL DRONE ANALYTICS IN CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL DRONE ANALYTICS IN AGRICULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL DRONE ANALYTICS INENERGY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL DRONE ANALYTICSIN LAW ENFORECEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL DRONE ANALYTICS IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. NORTH AMERICAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
15. NORTH AMERICAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2023-2031 ($ MILLION)
16. NORTH AMERICAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
17. EUROPEAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
18. EUROPEAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2023-2031 ($ MILLION)
19. EUROPEAN DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
20. ASIA-PACIFIC DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
21. ASIA-PACIFICDRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2023-2031 ($ MILLION)
22. ASIA-PACIFICDRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
23. REST OF THE WORLD DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
24. REST OF THE WORLD DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2023-2031 ($ MILLION)
25. REST OF THE WORLD DRONE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
1. GLOBAL DRONE ANALYTICS MARKET SHAREBY APPLICATION, 2023 VS 2031 (%)
2. GLOBAL THERMAL DETECTION INDRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL GEOLOCATION TAGGING IN DRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL AERIAL MONITORINGIN DRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL GROUND EXPLORATION INDRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL VOLUMETRIC CALCULATION IN DRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL 3D MODELINGIN DRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL DRONE ANALYTICS MARKET SHAREBY END-USER INDUSTRY, 2023 VS 2031 (%)
9. GLOBAL DRONE ANALYTICS IN CONSTRUCTION MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL DRONE ANALYTICS IN AGRICULTURE MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL DRONE ANALYTICSIN ENERGY MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL DRONE ANALYTICS IN LAW ENFORCEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL DRONE ANALYTICS IN OTHER MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL DRONE ANALYTICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. US DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
16. CANADA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
17. UK DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
18. FRANCE DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
19. GERMANY DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
20. ITALY DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
21. SPAIN DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
22. REST OF EUROPE DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
23. INDIA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
24. CHINA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
25. JAPAN DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
26. SOUTH KOREA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
27. REST OF ASIA-PACIFIC DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
28. LATIN AMERICA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
29. MIDDLE EAST AND AFRICA DRONE ANALYTICS MARKET SIZE, 2023-2031 ($ MILLION)
