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(IT-NEWSWIRE.COM, September 04, 2019 ) Market Overview • Utility Drones are uncrewed aerial vehicles which are operated by a ground-based human controller through a system of communications between the drone and the operator. • The utility drones are known to collect data and relevant information through the aerial survey of designated workplace or area of interest, often through the capture of photographic evidence. Market Dynamics • The ease of reachability offered by utility drones in inaccessible and hazardous locations have hugely influenced the rise in the application of utility drones, coupled with the time and cost efficiency benefits provided by the use of unmanned drones. • The increase in fatalities during the physical inspection of energy and power utility facilities were a growing concern, which is easily mitigated by the adoption of utility drones for inspection and maintenance jobs, which also helps in completing the work in an efficient and timely manner. • The utility drones market is also buoyed by the advancement of technologies in the field, with significant companies focused on product innovation as part of their business expansion strategy. • For instance, in July 2018, 3DR announced the introduction of structurally-detailed thermal imagery on Site Scan, the drone software platform to be integrated with the DJI M210 dual gimbal utility drone.
Market Segmention Analysis • The global utility drones market is segmented by type into the rotary wing (multi-rotor) and fixed wing. The rotary wing utility drones hold a significant utility drone market share is owing to the widespread adoption of multi-rotor drones in the inspection of wind turbines and boilers, as the end-products are relatively cheap and readily available. • The fixed-wing utility drones are also expected to witness stable market growth as the drones offer better aerial and flight control. • By end-user type, the market is further categorized into power (transmission & distribution), renewable energy and others. • The power sector is the leading end-user segment as the industry employs the use of utility drones for inspection of transmission lines and distribution towers. • The utility drones eliminate the need of maintaining a larger workforce and completes the investigation in an efficient and timely manner than a field crew on foot. • The utility companies are thus increasingly looking into the application of utility drones as alternate options of maintenance and inspection. • For instance, in July 2018, Italy-based Snam S.p.A. announced that the company is putting to trial a Beyond Visual Line-Of-Sight (BVLOS) utility drone to scout a 20 km stretch of gas pipeline in the Apennine hills around Genoa. Geographical Analysis The global utility drones market is segmented geographically by region into • North America, • South America, • Europe, • Asia-Pacific, • Rest of the World (RoW). Company profiles • Aeryon Labs Inc. • Cyberhawk Innovations Limited • Delair-Tech SAS • Others • Geographically, the market is segmented into North America, South America, Europe, Asia Pacific and Rest of the World.
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