Utility Drones Market
PUBLISHED: 2019 ID: SMRC18268
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Utility Drones Market

Utility Drones - Global Market Outlook (2017-2026)

4.2 (18 reviews)
4.2 (18 reviews)
Published: 2019 ID: SMRC18268

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Utility Drones Market is accounted for $96.8 million in 2017 and is expected to reach $1334.17 million by 2026 growing at a CAGR of 33.8% during the forecast period. Some of the key factors influencing the market growth include increasing demand for minimizing outages related to transmission infrastructure, technological advancements in enhanced camera quality and drone manufacturing, time and cost efficiency and reachability in hazardous locations. However, legal regulations are hampering the market growth.

Utility drones are unmanned aircrafts used in utility industries. These drones provide services such as surveying, inspection, maintenance of power generation, transmission and distribution systems across the world. Utility drones are equipped with infra-red cameras of very high resolution that can capture minute details in power infrastructure.

Based on end user, the power segment has substantial growth during the forecast period, owing to an increase in population and rising demand for electricity. The benefits of utility drones in the power industry include cutting down of operation and maintenance costs, rising worker safety considering their ability to operate drones in potentially dangerous areas, use of little or no fuel, and a negligible environmental impact.

By Geography, North America is expected to have a significant market share during the forecast period, due to rising investments in power infrastructure, increasing power consumption, and subsequently increasing focus on renewable power generation.

Some of the key players in global utility drones market are Lockheed Martin Corporation, Yuneec International Co. Ltd., SZ DJI Technology Co., Ltd., Sky Scape, Asset Drone, Delair, Precisionhawk, Aerodyne, Measure, Sky-Futures, ABJ Drones, Sharper Shape, Cyberhawk, Terra Drone, Hemav and ULC Robotics.

Services Covered:
• Point Solution
• End-To-End Solution

Types Covered:
• Fixed Wing
• Multi-Rotor

End Users Covered:
• Renewable
• Power
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope        
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 End User Analysis       
 3.7 Emerging Markets       
 3.8 Futuristic Market Scenario      
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Utility Drones Market, By Service      
 5.1 Introduction       
 5.2 Point Solution       
 5.3 End-To-End Solution       
          
6 Global Utility Drones Market, By Type      
 6.1 Introduction        
 6.2 Fixed Wing       
 6.3 Multi-Rotor       
          
7 Global Utility Drones Market, By End User     
 7.1 Introduction       
 7.2 Renewable       
  7.2.1 Wind       
  7.2.2 Solar       
 7.3 Power        
  7.3.1 Transmission & Distribution     
  7.3.2 Generation      
 7.4 Other End Users       
          
8 Global Utility Drones Market, By Geography     
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 Lockheed Martin Corporation      
 10.2 Yuneec International Co. Ltd.       
 10.3 SZ DJI Technology Co., Ltd.      
 10.4 Sky Scape        
 10.5 Asset Drone        
 10.6 Delair         
 10.7 Precisionhawk        
 10.8 Aerodyne        
 10.9 Measure         
 10.10 Sky-Futures        
 10.11 ABJ Drones       
 10.12 Sharper Shape        
 10.13 Cyberhawk        
 10.14 Terra Drone        
 10.15 Hemav         
 10.16 ULC Robotics       


List of Tables         
1 Global Utility Drones Market Outlook, By Region (2016-2026) ($MN)   
2 Global Utility Drones Market Outlook, By Service (2016-2026) ($MN)   
3 Global Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN)  
4 Global Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN)  
5 Global Utility Drones Market Outlook, By Type (2016-2026) ($MN)   
6 Global Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN)   
7 Global Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN)   
8 Global Utility Drones Market Outlook, By End User (2016-2026) ($MN)    
9 Global Utility Drones Market Outlook, By Renewable (2016-2026) ($MN)   
10 Global Utility Drones Market Outlook, By Wind (2016-2026) ($MN)   
11 Global Utility Drones Market Outlook, By Solar (2016-2026) ($MN)   
12 Global Utility Drones Market Outlook, By Power (2016-2026) ($MN)   
13 Global Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN) 
14 Global Utility Drones Market Outlook, By Generation (2016-2026) ($MN)   
15 Global Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN)  
16 North America Utility Drones Market Outlook, By Country (2016-2026) ($MN)  
17 North America Utility Drones Market Outlook, By Service (2016-2026) ($MN)  
18 North America Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN)  
19 North America Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN) 
20 North America Utility Drones Market Outlook, By Type (2016-2026) ($MN)  
21 North America Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN)  
22 North America Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN)  
23 North America Utility Drones Market Outlook, By End User (2016-2026) ($MN)  
24 North America Utility Drones Market Outlook, By Renewable (2016-2026) ($MN)  
25 North America Utility Drones Market Outlook, By Wind (2016-2026) ($MN)  
26 North America Utility Drones Market Outlook, By Solar (2016-2026) ($MN)  
27 North America Utility Drones Market Outlook, By Power (2016-2026) ($MN)  
28 North America Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN)
29 North America Utility Drones Market Outlook, By Generation (2016-2026) ($MN)  
30 North America Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN) 
31 Europe Utility Drones Market Outlook, By Country (2016-2026) ($MN)   
32 Europe Utility Drones Market Outlook, By Service (2016-2026) ($MN)   
33 Europe Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN)  
34 Europe Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN)  
35 Europe Utility Drones Market Outlook, By Type (2016-2026) ($MN)   
36 Europe Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN)   
37 Europe Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN)  
38 Europe Utility Drones Market Outlook, By End User (2016-2026) ($MN)   
39 Europe Utility Drones Market Outlook, By Renewable (2016-2026) ($MN)   
40 Europe Utility Drones Market Outlook, By Wind (2016-2026) ($MN)   
41 Europe Utility Drones Market Outlook, By Solar (2016-2026) ($MN)   
42 Europe Utility Drones Market Outlook, By Power (2016-2026) ($MN)   
43 Europe Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN) 
44 Europe Utility Drones Market Outlook, By Generation (2016-2026) ($MN)   
45 Europe Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN)  
46 Asia Pacific Utility Drones Market Outlook, By Country (2016-2026) ($MN)  
47 Asia Pacific Utility Drones Market Outlook, By Service (2016-2026) ($MN)   
48 Asia Pacific Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN)  
49 Asia Pacific Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN) 
50 Asia Pacific Utility Drones Market Outlook, By Type (2016-2026) ($MN)   
51 Asia Pacific Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN)  
52 Asia Pacific Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN)  
53 Asia Pacific Utility Drones Market Outlook, By End User (2016-2026) ($MN)  
54 Asia Pacific Utility Drones Market Outlook, By Renewable (2016-2026) ($MN)  
55 Asia Pacific Utility Drones Market Outlook, By Wind (2016-2026) ($MN)   
56 Asia Pacific Utility Drones Market Outlook, By Solar (2016-2026) ($MN)   
57 Asia Pacific Utility Drones Market Outlook, By Power (2016-2026) ($MN)   
58 Asia Pacific Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN) 
59 Asia Pacific Utility Drones Market Outlook, By Generation (2016-2026) ($MN)  
60 Asia Pacific Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN)  
61 South America Utility Drones Market Outlook, By Country (2016-2026) ($MN)  
62 South America Utility Drones Market Outlook, By Service (2016-2026) ($MN)  
63 South America Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN)  
64 South America Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN) 
65 South America Utility Drones Market Outlook, By Type (2016-2026) ($MN)  
66 South America Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN)  
67 South America Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN)  
68 South America Utility Drones Market Outlook, By End User (2016-2026) ($MN)  
69 South America Utility Drones Market Outlook, By Renewable (2016-2026) ($MN)  
70 South America Utility Drones Market Outlook, By Wind (2016-2026) ($MN)  
71 South America Utility Drones Market Outlook, By Solar (2016-2026) ($MN)  
72 South America Utility Drones Market Outlook, By Power (2016-2026) ($MN)  
73 South America Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN)
74 South America Utility Drones Market Outlook, By Generation (2016-2026) ($MN)  
75 South America Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN) 
76 Middle East & Africa Utility Drones Market Outlook, By Country (2016-2026) ($MN)  
77 Middle East & Africa Utility Drones Market Outlook, By Service (2016-2026) ($MN)  
78 Middle East & Africa Utility Drones Market Outlook, By Point Solution (2016-2026) ($MN) 
79 Middle East & Africa Utility Drones Market Outlook, By End-To-End Solution (2016-2026) ($MN)
80 Middle East & Africa Utility Drones Market Outlook, By Type (2016-2026) ($MN)  
81 Middle East & Africa Utility Drones Market Outlook, By Fixed Wing (2016-2026) ($MN) 
82 Middle East & Africa Utility Drones Market Outlook, By Multi-Rotor (2016-2026) ($MN) 
83 Middle East & Africa Utility Drones Market Outlook, By End User (2016-2026) ($MN)  
84 Middle East & Africa Utility Drones Market Outlook, By Renewable (2016-2026) ($MN) 
85 Middle East & Africa Utility Drones Market Outlook, By Wind (2016-2026) ($MN)  
86 Middle East & Africa Utility Drones Market Outlook, By Solar (2016-2026) ($MN)  
87 Middle East & Africa Utility Drones Market Outlook, By Power (2016-2026) ($MN)  
88 Middle East & Africa Utility Drones Market Outlook, By Transmission & Distribution (2016-2026) ($MN)
89 Middle East & Africa Utility Drones Market Outlook, By Generation (2016-2026) ($MN) 
90 Middle East & Africa Utility Drones Market Outlook, By Other End Users (2016-2026) ($MN) 

 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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