Global Construction Drone Market Insights, Segmentations and Regional Analysis during the Forecast Period 2021-2028

 

Construction Drone Market

In the Construction Industry, Drones are used for inspection and surveying. They have sensors that point downward, such as multispectral, thermal, RGB, or Light Detection and Ranging (LDR) or Light Detection and Ranging (LDR) sensors (LIDAR). Additionally, these drones are being used by numerous industries to reduce costs, increase security, and boost productivity. Additionally, these drones are used to keep an eye on long stretches of land like railroads, roads, and vegetation rows. Today, businesses are using drones to help them run more efficiently when building and managing large infrastructure projects like bridges, airports, industrial complexes, and dams.

During the forecast period, the Global Construction Drone Market used in construction is anticipated to grow significantly (2021–2028). The global demand for commercial drones for residential and non-residential uses has grown significantly as a result of the increasing population growth and urbanisation. For example, China's population grew from 1.4 million in 2020 to 1.3 million in 2019. During the anticipated period, the market will grow due to the rising demand for commercial drones for uses like infrastructure inspection and land surveying.

During the forecast period, the Global Construction Drone Market growth is being driven by real estate companies' growing adoption of commercial drones. Real estate firms are using construction drones to film and take pictures of building sites, vacation spots, and vacant lands in order to create aerial maps and 3D models and for marketing purposes.

The Global Construction Drone Market Was Valued At US$ 5,121.6 Mn In 2020 And Is Expected To Reach US$ 14,123.3 Mn By 2028 At A CAGR Of 15.9% Between 2021 And 2028.

Segmentation-

·        Type: Fixed Wing Drone and Rotary Wing Drone

·        Application: Surveying Land, Infrastructure Inspection, Security & Surveillance, and Others

·        End User: Residential, Commercial, and Industrial

Due to recent changes in the laws governing drones in several nations, Asia Pacific is also anticipated to grow significantly during the forecast period. In order to encourage the use of drones in different industrial sectors, China, which has become the world's primary producer of drones, offers domestic drone purchases subsidy programmes and other favourable policies. For instance, according to Coherent Market Insights' analysis, China had about 1,350 drone manufacturing companies in 2019 as opposed to 140 in 2013 (see chart below). The Global Construction Drone Market is expanding as a result of the growing demand for drones in the defence sector for applications such as mapping, surveying, and surveillance.

In 2020, North America held a dominant position in the global construction drone market, and it is anticipated that it will continue to do so for the duration of the forecast period. The presence of significant key players like 3D Robotics, Inc., Dedrone, AeroVironment, Inc., DJI, and FLIR Systems, Inc. is credited with this. among others in the area, Boeing. The U.S. and Canada's growing need for drones for both military and commercial purposes is another factor driving the market's expansion.

Top Companies Covered are- 3D Robotics, Inc., AeroVironment, Inc., DJI, FLIR Systems, Inc., Insitu, Inc., Leptron Unmanned Aircraft Systems, Inc., Parrot Drones, Precision Hawk Inc., Trimble Inc. Yuneec International Co. Ltd., DroneDeploy Inc., Yuneec International Co. Ltd., Boeing, Delair SAS, Autel Robotics, BirdsEyeView Aerobotics, EHang, Aerialtronics, Kespry Inc., and Skydio, Inc.

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