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Utility Drones – Global Market Outlook 2017-2026 | Lockheed Martin, Yuneec, SZ DJI Technology, Sky Scape, Asset Drone

According to Publisher, 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.

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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.
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.

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

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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

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Utility Drones Market 2020 Key Factors, Growth Scenario and Emerging Opportunities with Current Trends Analysis 2027

Utility drones are integrated with infra-red cameras of very high resolution used to capture every minute details of power infrastructure. These drones provide various services to utility sectors such as surveying, inspection, as well as maintenance of power transmission, generation, and distribution systems globally. It is used for the efficient assessment of damaged power lines during the storm and creates 2D / 3D models of power infrastructure which allow the operators to locate defects in power infrastructure.

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The Major Market Player Included in This Report are:

– AERODYNE GROUP
– ABJ Drones
– Asset Drone
– CYBERHAWK INNOVATIONS LIMITED
– Delair
– HEMAV S.L.
– PrecisionHawk
– SHARPER SHAPE INC.
– Sky Futures
– Terra Drone Corporation

The rising demand for using commercial drones in the power and utility sector, especially across North American regions is the major drivers for the growth of the utility drones market. The advancements in drone technology and amendments in drone regulations are creating opportunities for the utility drones market in the coming years.

The “Global Utility Drones Market Analysis to 2027” is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of utility drones market with detailed market segmentation by type, services, end users, and geography. The global utility drones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading utility drones market players and offers key trends and opportunities in the market.

The global utility drones market is segmented on the type, services, and end users. Based on type, the market is segmented into multi-rotor, and fixed wing. On the basis of services the market is fragmented into end-to-end solution, and point solution. Similarly, based on end users the market is segmented into renewable, and power. The renewable end user is sub segmented into solar and wind. The power segment is further fragmented into transmission & distribution, and generation.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global utility drones market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The utility drones market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting utility drones market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.

The reports cover key developments in the utility drones market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from utility drones market are anticipated to lucrative growth opportunities in the future with the rising demand for utility drones in the global market. Below mentioned is the list of few companies engaged in the utility drones market.

The report also includes the profiles of key utility drones companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Utility Drones Market – By Type
1.3.2 Utility Drones Market – By Services
1.3.3 Utility Drones Market – By End-User
1.3.4 Utility Drones Market – By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. UTILITY DRONES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America – Pest Analysis
4.2.2 Europe – Pest Analysis
4.2.3 Asia-Pacific – Pest Analysis
4.2.4 Middle East and Africa – Pest Analysis
4.2.5 South and Central America – Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. UTILITY DRONES MARKET – KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

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Utility Drones Market Growth Rate, Production Volume and Future Opportunities From 2019-2026

The global Utility Drones Market is projected to grow with a striking growth rate of 37.34 % over the forecast period 2019–2026 divulges the latest research report presented by Big Market Research.

The report represents a basic overview of the market status, competitor segment with a basic introduction of key vendors, top regions, product types, and end industries. This report gives a historical overview of the market trends, growth, revenue, capacity, cost structure, and key driver’s analysis.

The report is an exhaustive analysis of this market across the world. It offers an overview of the market including its definition, applications, key drivers, key market players, key segments, and manufacturing technology. In addition, the study presents statistical data on the status of the market and hence is a valuable source of guidance for companies and individuals interested in the industry. Additionally, detailed insights on the company profile, product specifications, capacity, production value, and market shares for key vendors are presented in the report.

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The total market is further segmented based on company, country, and application/type for competitive landscape analysis. On the contrary, information on industry chain structure, emerging applications, and technological developments in the market makes the report a must-read document.

The report reveals detailed information about the global key players as well as some small players of the Utility Drones sector.

Target Audience of the Global Utility Drones Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

These insights help determine the strength of competition and take the necessary steps to obtain a leading position in the Utility Drones industry.

Additionally, the research provides a detailed analysis of the key segments of the market with the help of charts and tables. An overview of each market segment such as type, application, and region are also provided in the report. These insights help in understanding the global trends in the Utility Drones industry and form strategies to be implemented in the future.

The regional analysis of global Utility Drones market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high disposable income coupled with rising trend of interior designing in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026

Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement. For more connect with us at [email protected] or call toll free: +1-800-910-6452

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Key Market Segments

The key players profiled in this report include: Aerodyne, Asset Drone, ABJ Drones, Cyberhawk, Delair, Hemav, Measure, Terra Drone, Sky-Futures, PrecisionHawk

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

The study clearly reveals that the Utility Drones industry has attained remarkable growth since 2019-2026. This research report is prepared based on an in-depth analysis of the market by experts. As a final point, stakeholders, investors, product managers, marketing executives, and other professionals seeking unbiased data on supply, demand, and future forecasts would find the report valuable.

Table of Contents
Chapter 1. Global Utility Drones Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Utility Drones Market Dynamics
Chapter 5. Utility Drones Market, by Component
Chapter 6. Global Utility Drones Market, by Services
Chapter 7. Global Utility Drones Market, by Organization Size
Chapter 8. Utility Drones Market, by Vertical
Chapter 9. Utility Drones Market, by Regional Analysis
Chapter 10. Competitive Intelligence

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COVID-19 Impacts on Utility Drones Market Growth Ratio Analysis with Top Players Like Cyberhawk, Measure, Delair, HEMAV, and PrecisionHawk

Global Utility Drones Market Size, Status and Forecast 2020-2027

The Global Utility Drones Market report mainly elaborates market size, share, trends, and growth analysis on the basis of different parameters. The Global Utility Drones Industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status on the definition, types, applications and major players of the Utility Drones market in detail.

The report represnts tables and several other graphical data elements, the Utility Drones market report makes for an insightful data repository that is a valuable source of direction and guidance for managers, decision makers, business strategists, and all those who are interested in the overall development of the global Utility Drones market.

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Top Key players: Cyberhawk, Measure, Delair, HEMAV, and PrecisionHawk

Our new sample is updated which correspond in new report showing impact of COVID-19 on Industry

The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used Porter’s five techniques for analyzing the Utility Drones Market; it also offers the examination of the global market. To make the report more potent and easy to understand, it consists of info graphics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.

Global Utility Drones Market Research Report 2020 carries in-depth case studies on the various countries which are involved in the Utility Drones market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

What questions does the Utility Drones market report answer pertaining to the regional reach of the industry

  1. The report claims to split the regional scope of the Utility Drones market into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these regions has been touted to amass the largest market share over the anticipated duration
  2. How do the sales figures look at present How does the sales scenario look for the future
  3. Considering the present scenario, how much revenue will each region attain by the end of the forecast period
  4. How much is the market share that each of these regions has accumulated presently
  5. How much is the growth rate that each topography will depict over the predicted timeline

A short overview of the Utility Drones market scope:

  • Global market remuneration
  • Overall projected growth rate
  • Industry trends
  • Competitive scope
  • Product range
  • Application landscape
  • Supplier analysis
  • Marketing channel trends – Now and later
  • Sales channel evaluation
  • Market Competition Trend
  • Market Concentration Rate

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

TABLE OF CONTENT:

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players

4 Breakdown Data by Type and Application

5 United States

6 Europe

7 China

8 Japan

9 Southeast Asia

10 India

11 Central & South America

12 International Players Profiles

13 Market Forecast 2020-2027

14 Analyst’s Viewpoints/Conclusions

15 Appendix

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Utility Drones Market: Opportunities and Forecast Assessment, 2019–2027

With having published myriads of reports, Utility Drones Market Research imparts its stalwartness to clients existing all over the globe. Our dedicated team of experts deliver reports with accurate data extracted from trusted sources. We ride the wave of digitalization – facilitate clients with the changing trends in various industries, regions and consumers. As customer satisfaction is our top priority, our analysts are available 24/7 to provide tailored business solutions to the clients.

In this new business intelligence report, Utility Drones Market Research serves a platter of market forecast, structure, potential, and socioeconomic impacts associated with the global Utility Drones market. With Porter’s Five Forces and DROT analyses, the research study incorporates a comprehensive evaluation of the positive and negative factors, as well as the opportunities regarding the Utility Drones market.

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The Utility Drones market report has been fragmented into important regions that showcase worthwhile growth to the vendors – Region 1 (Country 1, Country 2), region 2 (Country 1, Country 2) and region 3 (Country 1, Country 2). Each geographic segment has been assessed based on supply-demand status, distribution, and pricing. Further, the study provides information about the local distributors with which the market players could create collaborations in a bid to sustain production footprint.

The following manufacturers are covered:
Cyberhawk
Measure
Delair
HEMAV
PrecisionHawk

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Multi-rotor
Fixed Wing

Segment by Application
Power
Generation
Transmission & Distribution
Renewable
Other

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What does the Utility Drones market report contain?

  • Segmentation of the Utility Drones market to target the growth outlook and trends affecting these segments.
  • Scrutinization of the competitive landscape into market and regional penetration, acquisitions, and agreements with SWOT analysis.
  • Consumption behavior of each segment of the Utility Drones market in every region.
  • Thorough analysis of the impacts of the growth of relevant industries.
  • In-depth insights about the recent R&D projects performed by each Utility Drones market player.

Readers can get the answers of the following questions while going through the Utility Drones market report:

  • Which segment will have the maximum share of the global Utility Drones market by the end of 2029?
  • What opportunities are available for the Utility Drones market players to expand their production footprint?
  • What are the pros and cons of the Utility Drones on human health?
  • Which players are entering into partnerships and why?
  • Why the demand for the Utility Drones highest in region?

And many more …

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