Press release
Utility Drone Market Research Methodologies Offers High Business Outlook growth 2021-2025
The Utility Drone Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Utility Drone market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Utility Drone market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Utility Drone market.
The utility drone market is expected to rise at a CAGR of over 18 % during the forecast period of 2020-2025.
Get a Free Sample Copy of This Report:
https://www.marketinsightsreports.com/reports/07202153906/utility-drone-market-growth-trends-and-forecasts-2020-2025/inquiry?Source=openpr&Mode=namita
Top Leading Companies of Utility Drone Market are - SZ DJI Technology Co Ltd, Terra Drone Corp., PrecisionHawk Inc., Delair SAS, Aerodyne Group. and others.
Industry News and Updates:
- In 2019, Mitsubishi Hitachi Power Systems, Ltd., a Japanese company announced that it would be using drone technology for the easy and efficient inspection of the interiors of the power plant boilers and other large indoor structures.
- In 2019, Terra Drone Corporation successfully completed its non-destructive testing (NDT) by inspecting a 160 meters chimney at a thermal power plant in Japan. A major job of the chimney inspection was to measure the thickness of the steel plate in a chimney windshield or flue. The chimney inspection was done using ultrasonic testing (UT) drone.
Key Market Trends:
Multi-Rotor Segment Expected to Grow at a Significant Rate
- Multi rotor drones, as the name suggests, are the drone that uses multiple blades or rotors to fly. These drones are easy to control and can operate in a confined area. These drones are majorly used for aerial photography and monitoring the equipment.
- Multi rotor drone due to its low purchasing cost and high efficiency in the work it does, has attracted more attention to the world investment. These drones have the ability to hover at a particular position, thus providing a better visual of the default or problem without risking any human life.
- In 2018, the global electricity generation was about 26614 Terawatt-Hour (TWh), which was higher than what the world produced in 2017, 25676 TWh. The increase in electricity generation depicts the worldwide increase in the number of power plants, which are expected to drive the utility drone market.
- These types of drones are being used by Florida Power and Lighting Technology to inspect the transmission towers and lines. In 2019, the company, through drones, inspected about 4000 miles of transmission lines, and overall, the company has inspected about more than 12000 miles of transmission lines. For inspection, they use the DJI Phantom 4 Pro model of drone using multi-rotor technology.
Asia-Pacific Expected to Grow at a Significant Rate
- Asia-Pacific region, due to the constant increase in the energy demand in the region, is likely to be the fastest-growing market for the utility drone market. Many big companies in the energy and power business in the region see utility drone usage as a new and safe way for their asset management.
- Countries such as China, Japan, and South Korea have shown their keen interest in the utility drone market. The motives behind these interests are to save the non-productive time of the plants, which may occur due to any default by being proactive for any such situations and not risking human life.
- These drone services are extremely useful in places such as nuclear power plants or gas power plants, where without proper visual investigation, it becomes difficult to measure the seriousness of the problem.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Utility Drone Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Utility Drone Market (%),2016 - 2026
- Utility Drone Market Share, By Brand
- Utility Drone Market Share, By Company
- Utility Drone Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Utility Drone Market Value Analysis & Forecast
- Promising Utility Drone Development by Major Companies
- Detailed Utility Drone Portfolio of the Major Companies
- Major Deals in the Utility Drone Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/07202153906/utility-drone-market-growth-trends-and-forecasts-2020-2025?Source=openpr&Mode=namita
We Offer Customization On Report Based On Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
The utility drone market is expected to rise at a CAGR of over 18 % during the forecast period of 2020-2025.
Get a Free Sample Copy of This Report:
https://www.marketinsightsreports.com/reports/07202153906/utility-drone-market-growth-trends-and-forecasts-2020-2025/inquiry?Source=openpr&Mode=namita
Top Leading Companies of Utility Drone Market are - SZ DJI Technology Co Ltd, Terra Drone Corp., PrecisionHawk Inc., Delair SAS, Aerodyne Group. and others.
Industry News and Updates:
- In 2019, Mitsubishi Hitachi Power Systems, Ltd., a Japanese company announced that it would be using drone technology for the easy and efficient inspection of the interiors of the power plant boilers and other large indoor structures.
- In 2019, Terra Drone Corporation successfully completed its non-destructive testing (NDT) by inspecting a 160 meters chimney at a thermal power plant in Japan. A major job of the chimney inspection was to measure the thickness of the steel plate in a chimney windshield or flue. The chimney inspection was done using ultrasonic testing (UT) drone.
Key Market Trends:
Multi-Rotor Segment Expected to Grow at a Significant Rate
- Multi rotor drones, as the name suggests, are the drone that uses multiple blades or rotors to fly. These drones are easy to control and can operate in a confined area. These drones are majorly used for aerial photography and monitoring the equipment.
- Multi rotor drone due to its low purchasing cost and high efficiency in the work it does, has attracted more attention to the world investment. These drones have the ability to hover at a particular position, thus providing a better visual of the default or problem without risking any human life.
- In 2018, the global electricity generation was about 26614 Terawatt-Hour (TWh), which was higher than what the world produced in 2017, 25676 TWh. The increase in electricity generation depicts the worldwide increase in the number of power plants, which are expected to drive the utility drone market.
- These types of drones are being used by Florida Power and Lighting Technology to inspect the transmission towers and lines. In 2019, the company, through drones, inspected about 4000 miles of transmission lines, and overall, the company has inspected about more than 12000 miles of transmission lines. For inspection, they use the DJI Phantom 4 Pro model of drone using multi-rotor technology.
Asia-Pacific Expected to Grow at a Significant Rate
- Asia-Pacific region, due to the constant increase in the energy demand in the region, is likely to be the fastest-growing market for the utility drone market. Many big companies in the energy and power business in the region see utility drone usage as a new and safe way for their asset management.
- Countries such as China, Japan, and South Korea have shown their keen interest in the utility drone market. The motives behind these interests are to save the non-productive time of the plants, which may occur due to any default by being proactive for any such situations and not risking human life.
- These drone services are extremely useful in places such as nuclear power plants or gas power plants, where without proper visual investigation, it becomes difficult to measure the seriousness of the problem.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Utility Drone Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Utility Drone Market (%),2016 - 2026
- Utility Drone Market Share, By Brand
- Utility Drone Market Share, By Company
- Utility Drone Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Utility Drone Market Value Analysis & Forecast
- Promising Utility Drone Development by Major Companies
- Detailed Utility Drone Portfolio of the Major Companies
- Major Deals in the Utility Drone Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/07202153906/utility-drone-market-growth-trends-and-forecasts-2020-2025?Source=openpr&Mode=namita
We Offer Customization On Report Based On Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
