Renewable Drones Market
Renewable Drones Market Size, Share & Trends Analysis Report, By Drone Type (Multirotor Drone and Fixed Wing Drone), By Solution (End-to-End Solution Renewable Drone and Point Solution Renewable Drone), By End-User (Solar and Wind), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
renewable drones market is expected to grow at a significant CAGR of 26.1% during the forecast period. The growing adoption of renewable drones in the renewable energy sector for different applications including detection of ships and submarines, an inspection of wind turbines, and inspection of offshore platforms and solar farms is a key factor driving the growth of the global renewable drones market. Additionally, the rising establishment of renewable energy plants, mainly solar and wind farms along with the rising focus on renewable energy generation are anticipated to offer lucrative opportunities to the growth of the global renewable drones market.
For instance, in June 2022, UK-based Hive Energy, Ethical Power, and Solar South West formed a new joint venture namely, HES Aotearoa. It aims at developing solar assets across New Zealand. The company is expected to develop a pipeline of nearly 350 megawatts (MW) of utility-scale PV solar assets across the country, supporting the government's commitment to achieving 100% renewable energy generation in the country by 2030. Liability to legal requirements may restrain the growth of the global renewable drone market.
Segmental Outlook
The global renewable drone market is segmented by drone type, solution, and end-user. The market segmentation based on the drone type includes multirotor drones and fixed-wing drones. Among drone type, multirotor drone holds a significant share in the market. The higher adoption of multirotor drones owing to their ability to perform vertical takeoffs and landings is a key factor contributing to the potential market share. Moreover, these drones require less space to take flight, can hover mid-flight, and manoeuvre around objects for easy inspection, mapping, and modelling. Based on the solution, the market is segmented into end-to-end solution renewable drones and point solution renewable drones. Based on end-user, the market is segmented into the wind and solar.
Solar is Expected to Witness Significant CAGR in the Global Renewable Drones Market
Based on end-user, the market is segmented into the wind and solar. To combat climate change, solar farms are cropping up everywhere to offer a renewable energy option to a plethora of residential communities. A solar farm requires around 2,500 acres to supply energy to 100,000 households. The thousands of panels needed to run a solar farm can be extremely costly and maintaining them, not replacing them, is a necessity to continue providing those households with energy. Drones have not only cut down on the time to inspect the solar sites by over 70.0%, however, limited the number of time workers spends outside in these highly irradiated areas in the process. Therefore, the growing adoption of renewable drones in solar farms is anticipated to drive this market segment.
Regional Outlook
The global renewable drones market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America renewable drones market is driven by the growing investment in renewable energy projects. Asia-Pacific is expected to grow with a significant CAGR during the forecast period. Rapid urbanization and industrialization have created a huge demand for power across the region. The high investments in renewable power generation facilities such as wind and solar farms across the region that are the key application areas of the renewable drones is a key contributor to the potential share of the regional market.
Global Renewable Drones Market Growth, by Region 2022-2028
Market Players Outlook
The major companies operating in the global renewable drone market include DJI Enterprise, Terra Drone Corp., Aerodyne Measure, and DroneDeploy. The companies are focusing on technology advancements, expansions, mergers and acquisitions, and finding a new market or innovation in their core competency to expand individual market share. For instance, in May 2019, senseFly, a provider of fixed-wing drone solutions, introduced a new senseFly Solar 360. Created in collaboration with software company Raptor Maps, the new offering is a thermal drone solution that enables the automatic assessment of solar plant performance at a sub-module level. The aircraft combines senseFly’s eBee X fixed-wing drone and Duet T thermal mapping camera with Raptor Maps’ software. This efficiency, combined with the eBee X’s large coverage and reliability, ensures that farm owners and operators or the drone service providers they employ can inspect utility-scale solar farms more quickly, easily and accurately than ever before.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global renewable drones 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
• Recovery Scenario of Global Renewable Drones Market
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
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Renewable Drones Market, By Drone Type
4.1.1. Multirotor Drone
4.1.2. Fixed Wing Drone
4.2. Global Renewable Drones Market, By Solution
4.2.1. End-to-End Solution Renewable Drones
4.2.2. Point Solution Renewable Drones
4.3. Global Renewable Drones Market, By End-User
4.3.1. Solar
4.3.2. Wind
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. ABJ Drones
6.2. Aerodyne Measure Inc.
6.3. AirProbe
6.4. Cognite AS
6.5. DJI Enterprise
6.6. DRONE VOLT Group
6.7. DroneDeploy Inc.
6.8. Flyability
6.9. FORCE Technology
6.10. NanoNet Technologies Inc.
6.11. Parrot Group
6.12. PrecisionXYZ
6.13. Raptor Maps
6.14. Siemens AG
6.15. Sitemark
6.16. Skylark Drones
6.17. SkySpecs
6.18. SPH Engineering
6.19. Sulzer Schmid Laboratories
6.20. Terra Drone
1. GLOBAL RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY DRONE TYPE, 2021-2028 ($ MILLION)
2. GLOBAL MULTIROTOR DRONES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FIXED WING DRONES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
5. GLOBAL END-TO-END SOLUTION RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL POINT SOLUTION RENEWABLE DRONES MARKET RESEARCH, AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
8. GLOBAL RENEWABLE DRONES FOR SOLAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL RENEWABLE DRONES FOR WIND MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. NORTH AMERICAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY DRONE TYPE, 2021-2028 ($ MILLION)
13. NORTH AMERICAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
15. EUROPEAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY DRONE TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
18. EUROPEAN RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY DRONE TYPE, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. REST OF THE WORLD RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. REST OF THE WORLD RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY DRONE TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
26. REST OF THE WORLD RENEWABLE DRONES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL RENEWABLE DRONES MARKET SHARE BY DRONE TYPE, 2021 VS 2028(%)
2. GLOBAL RENEWABLE DRONES MARKET SHARE BY SOLUTION, 2021 VS 2028(%)
3. GLOBAL RENEWABLE DRONES MARKET SHARE BY END-USER, 2021 VS 2028(%)
4. GLOBAL RENEWABLE DRONES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
5. GLOBAL MULTIROTOR DRONES MARKET SHARE BY REGION, 2021 VS 2028(%)
6. GLOBAL FIXED WING DRONES MARKET SHARE BY REGION, 2021 VS 2028(%)
7. GLOBAL END-TO-END SOLUTION RENEWABLE DRONES MARKET SHARE BY REGION, 2021 VS 2028(%)
8. GLOBAL POINT SOLUTION RENEWABLE DRONES MARKET SHARE BY REGION, 2021 VS 2028(%)
9. GLOBAL RENEWABLE DRONES FOR SOLAR MARKET SHARE BY REGION, 2021 VS 2028(%)
10. GLOBAL RENEWABLE DRONES FOR WIND MARKET SHARE BY REGION, 2021 VS 2028(%)
11. US RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
12. CANADA RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
13. UK RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
14. FRANCE RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
15. GERMANY RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
16. ITALY RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
17. SPAIN RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
18. REST OF EUROPE RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
19. INDIA RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
20. CHINA RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
21. JAPAN RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
22. SOUTH KOREA RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF ASIA-PACIFIC RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD RENEWABLE DRONES MARKET SIZE, 2021-2028 ($ MILLION)
