DUBLIN–(BUSINESS WIRE)–The “Renewable Drones Market by Drone Type (Multirotor and Fixed Wing), Solution (End-to-End Solution and Point Solution), End user (Solar (Photovoltaics and Concentrated Solar Power) and Wind), and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The Renewable Drones Market is Projected to Reach USD 148 Million by 2025 from an Estimated USD 45 Million in 2020, at a CAGR of 27.1%

Increasing the adoption of drones for reducing cost of inspection operation focus on asset optimization and growing construction of solar and wind farms are expected to be the key factors driving the renewable drones market. However, legal regulations for drone operations and scarcity of skilled personnel is likely to hamper the growth of the renewable drones market.

The solar, by end-user, is expected to be the fastest-growing market from 2020 to 2025.

The solar segment is categorized as solar PV and solar CSP. To meet the growing demand for solar farm inspection and maintenance, asset owners, inspectors, and drone service providers (DSPs) must develop a deep understanding of thermography and flight operations to take full advantage of the benefits of drone-based solar inspection. Such factors drive the growth of the solar segment in the renewable drones market.

The multirotor segment, by drone type, is expected to be the largest market from 2020 to 2025.

The multirotor segment is expected to grow at the fastest rate during the forecast period. Multirotor drones have various advantages over Fixed-wing drones; for instance, multi-rotor aircraft can perform vertical takeoffs and landings. They also require less space to take flight, can hover mid-flight, and maneuver around objects for easy inspection, mapping, and modeling. Further, multirotor drones use multiple propellers to maneuver; hence, they do not require a larger surface area or wingspan as compared to Fixed-wing drones. Moreover, multirotor drones are designed to be folded down and packed up into smaller cases, which makes them easier to transport.

The leading players in the renewable drones market are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

3.1 Scenario Analysis

3.1.1 Optimistic Scenario

3.1.2 Realistic Scenario

3.1.3 Pessimistic Scenario

4 Premium Insights

4.1 Attractive Opportunities in Renewable Drones Market

4.2 Renewable Drones Market, by Drone Type

4.3 Renewable Drones Market, by Solution

4.4 Renewable Drones Market, by End-user

4.5 Renewable Drones Market, by Region

4.6 Asia-Pacific Renewable Drones Market, by End-user & Country

5 Market Overview

5.1 Introduction

5.1.1 Yc Shift

5.2 COVID-19 Health Assessment

5.3 Road to Recovery

5.4 COVID-19 Economic Assessment

5.5 Market Dynamics

5.5.1 Drivers

5.5.1.1 Rising Adoption of Drones to Reduce Cost of Inspection Operation

5.5.1.2 Increasing Focus on Asset Optimization

5.5.2 Restraints

5.5.2.1 Legal Regulations for Performing Drone Operations

5.5.2.2 Safety and Security Concerns

5.5.3 Opportunities

5.5.3.1 Growing Construction of Solar and Wind Farms

5.5.3.2 Technological Advances in Drone Data Analytics

5.5.4 Challenges

5.5.4.1 Scarcity of Skilled Personnel

5.6 Supply Chain Overview

5.6.1 Key Influencers

5.6.1.1 Equipment Manufacturer

5.6.1.2 Service Provider

5.6.1.3 End-users

5.7 Average Price Trend

5.8 Case Study Analysis

5.8.1 Pace Power Systems Pvt. Ltd. Uses Drones for 10-Mw Solar Plant Installation

5.8.2 Large-Scale Utility Uses Drones for 199-Mw Solar Plant Inspection

5.9 Market Map

6 Impact of COVID-19 on Renewable Drones Market, Scenario Analysis, by Region

6.1 Introduction

6.1.1 Impact of COVID-19 on GDP

6.1.2 Scenario Analysis of Renewable Industry

6.1.3 Optimistic Scenario

6.1.4 Realistic Scenario

6.1.5 Pessimistic Scenario

7 Renewable Drones Market, by Drone Type

7.1 Introduction

7.2 Multirotor

7.2.1 Geater Maneuverability and Lower Price of Multirotor Drones Driving Renewable Drones Market

7.3 Fixed Wing

7.3.1 Longer Flight Time and Better Stability Driving Fixed Wing Renewable Drones Market

8 Renewable Drones Market, by Solution

8.1 Introduction

8.2 End-To-End Solution

8.2.1 Increasing Need for Turnkey Solutions Drive Market Growth

8.3 Point Solution

8.3.1 Focus on Specific Offering Drives Market Growth

9 Renewable Drones Market, by End-user

9.1 Introduction

9.2 Solar

9.2.1 Solar Pv

9.2.1.1 Need for Thermographic Drone Inspections Driving Market

9.2.2 Solar CSP

9.2.2.1 Need for Shape Assessment and Thermal Performance Testing Drives Market Growth

9.3 Wind

9.3.1 Increasing Focus on Asset Optimization Drive Market Growth

10 Renewable Drones Market, by Region

11 Competitive Landscape

11.1 Overview

11.2 Industry Concentration, 2019

11.3 Competitive Scenario

11.3.1 Contracts & Agreements

11.3.2 Investments & Expansions

11.3.3 Mergers & Acquisitions

11.4 Winners Vs. Tail Enders

11.4.1 Winners

11.4.2 Tail Enders

11.5 Company Evaluation Matrix Definitions and Methodology

11.5.1 Star

11.5.2 Emerging Leader

11.5.3 Pervasive

11.5.4 Participant

12 Company Profiles

12.1 Sitemark

12.2 Abj Drones

12.3 Parrot Group

12.4 Drone Volt Group

12.5 Siemens

12.6 Measure Australia

12.7 Advanced Vision Analytics

12.8 PrecisionHawk

12.9 Aerodyne Measure

12.10 Skylark Drones

12.11 Garudauav

12.12 Dronedeploy

12.13 Ideaforge

12.14 Precisionxyz

12.15 Raptor Maps

12.16 Droneflight

12.17 Sph Engineering

12.18 Airprobe

12.19 Dji Enterprise

12.20 Aerospec Technologies

12.21 Cognite

12.22 CSP Services

12.23 Force Technology

12.24 Arborea Intellbird

12.25 Balamore Group

12.26 Cyberhawk

12.27 Airpix

12.28 Skyspecs

12.29 Above Surveying

12.30 Sulzer & Schmid Laboratories

12.31 Singulair

12.32 Robur Industry Service Group

12.33 Nanonet Technologies

12.34 Flyability

12.35 Terra Drone

12.36 Helvetis

For more information about this report visit https://www.researchandmarkets.com/r/83t6kt

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

0 comments