The global drones for energy industry market has witnessed a remarkable growth in the past few years and it has been anticipated that the market will grow at the rapid pace during the forecast period. Drones for energy are poised to grow at a substantial rate as the industry is investing in the services provided by an unmanned aerial vehicle, for line-of-sight applications, to observe ocean-going ships, to inspect offshore platforms and refineries, to inspect or monitor power lines, wind turbine, solar panel. These drones provides and process accurate data from the remote systems, where human access is difficult and is also a cost effective & less time consuming inspection technique compared to manual inspection. As per the study conducted by Market Research Future, the global market for drones for energy industry is likely to grow at the CAGR of around 25.53%.
Drones for energy industry can be defined as, an unmanned
aerial vehicle used to inspect or monitor power lines, wind turbine, solar
panel, offshore rigs and flarestacks for preventive maintenance of the system.
These drones provides and process accurate data from the remote systems, where
human access is difficult and is also a cost effective & less time
consuming inspection technique compared to manual inspection. The drones for
energy industry is driven by various factors such as accurate assessment of
operating condition of assets, and effective cost reduction compared to manned
operations. However, federal regulations limiting the usage to line-of-sight,
lack of technological advancements for processing the raw data will act as
restrains for the drones for energy industry market, globally.
Conventional assessment, monitoring and inspection for
remote & discrete system requires skilled manpower, high-tech equipment,
cranes, ropes, ladders or scaffolding. These factors increases the overall
maintenance cost as well as the risk associated with it. Also, the labour cost
associated with discrete inspection is high as compared to regular assessment.
Whereas, drones for energy industry are convenient, easy and accurate to assess
such systems, where manual inspection is difficult or risky. Drones used for
energy industry are accurate, flexible, reliable and cost effective. They are
easy to operate in harsh environment and also at high altitudes, and require
lesser time for assessment.
Drones for energy industry is driven by its benefits over conventional
manual inspection. Drones can inspect the PV modules installed at utility
scale, rooftop or building integrated systems. Drones can produce thermography
of the solar power plant, inspect for degradation, & malfunction of PV
modules also, dust saturation and vegetation monitoring over PV modules. Drones
can detect the edge erosion and blade defects over the turbine also, they can
inspect the turbine blade lightning receptor, tower and nacelle. Drones can
detect leaks, corrosion and other problems related with oil & gas rigs
& pipelines. Drones are used in transmission lines for vegetation
management to monitor the trees to prevent them from interfering with
transmission lines. These factors, majorly, are contributing to the growth of
drones for energy industry in near future.
Drones for energy industry are cost effective as compared to
manual inspection. Drones for energy industry are easy, flexible and convenient
for use. Drones helps reduce the economic cost associated with inspection or
monitoring of the large scale remote system. Drones provides aerial images,
which helps the operator receive them in real-time and can assess the faults
from his location itself, thus eliminate the manual error associated with site
inspection and risk associated with the inspection in remote, high altitude and
offshore operations.
Cost effectiveness is one of the major drivers for the
growth of drones for energy industry market, forcing renewable &
conventional power project and oil & gas developers, in locations where
project is large scale or is discrete and located offshore, to utilize drones
for inspection and monitoring. These drones prove economic feasibility for a
discrete site assessment, for reliable and cost effective inspection, and, thus
increase the demand of drones for energy industry market.
Geographically, Asia-Pacific is the largest power producer
globally, and is the largest market for renewable energy generation across the
globe. The drones for energy industry market is emerging in countries such as
China, India, and Japan, and is estimated to grow at a high rate in the
forecast period. North America is expected to show a high rate of growth in
drones for energy industry market over the coming years, owing to increase in
adoption of drones for inspection, leak and spillage detection, and
surveillance activities, majorly in oil & gas and power sectors. Factors
such as increase in inspection, maintenance and surveillance operations of oil
& gas platforms, power plants, pipelines, solar plants, and wind turbines
in the region driving the market towards growth.
Key Players:
AeroVironment, Inc. (US), DJI (China), Aeryon Labs Plc.
(UK), Aibotix GmbH Limited (UK), Ascending Technologies Inc. (Canada),
UAVision. (Canada), Drone America (US), Draganfly Innovations Inc. (US), ING
Robotic Aviation (Canada) and Microdrones (Germany) are some of the prominent
players profiled in MRFR Analysis and are at the forefront of competition in
the global drones for energy industry market.
Industry News
In October, 2016 – Intel Announces Intel Falcon 8+ UAS., at
the INTERGEO drone conference in Hamburg, Germany, Intel has built the AscTec
Falcon 8 system and announcing the release of the Intel Falcon 8+ for North
American markets.
In October, 2016 – Aibotix, the leading provider of Unmanned
Aerial Vehicle (UAV) solutions, presented the latest innovations in UAV
technology in celebration of the five-year anniversary of the Aibot X6 UAV at
INTERGEO 2016 at Hall A3, Booth D3.033.
In October, 2016 – Delair-Tech and Microdrones has jointly
became official UAS suppliers for Trimble’s worldwide distribution network,
Microdrones is now showcasing four new mapping solutions (called mdMapper)
Drones for energy industry Global Market – Segmentation
The scope of global drones for energy industry market is
segmented into three major segments which are explained below:
By Drone Type
Fixed Wing Drone
Rotary Blade Drone
Hybrid Drone
By Industry Type
Oil & Gas
Power
Renewable
By Application
Inspection
Leak and Spillage Response
Security and Surveillance
Drones for energy industry Global Market - Competitive
Analysis
The global market for drones for energy industry seems to be
highly competitive. To maintain the market position and to drive the market
growth, various dynamic and diversified international organizations, domestic
organizations and as well as new entrants form a competitive landscape. Market
leaders are innovating continuously and increasingly seeking market expansion
through various strategic mergers and acquisitions, product launch, innovation,
increasing investments in research and development and cost-effective product
portfolio. Major players are investing on internal R&D and, most of all, in
acquiring other firms.
Complete Report Details @ https://www.marketresearchfuture.com/reports/drones-energy-industry-market-3847
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