Drone Inspection and Monitoring Market Report 2025

The drone inspection and monitoring market size has grown rapidly in recent years. It will grow from $13.48 billion in 2024 to $15.6 billion in 2025 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to cost-efficiency, safety enhancement, data accuracy:king, regulatory advancements, efficiency and speed.

The drone inspection and monitoring market size is expected to see rapid growth in the next few years. It will grow to $31.65 billion in 2029 at a compound annual growth rate (CAGR) of 19.4%. The growth in the forecast period can be attributed to industry-specific solutions, remote monitoring, integration with iot, environmental sustainability, real-time data streaming. Major trends in the forecast period include autonomous drones, beyond visual line of sight (bvlos), advanced sensors, environmental monitoring, infrastructure inspection.

The anticipated rise in new wind turbine installations is expected to boost the growth of the drone inspection and monitoring market in the future. Wind turbines are devices that generate electricity by harnessing the kinetic energy of the wind. Drones play a crucial role in inspecting wind turbine blades, contributing to the longevity of these installations while minimizing safety risks, labor costs, and overall expenses. For example, as of September 2022, around 8.6% of Vietnam's land area is deemed suitable for wind power generation, with the country's total wind power potential estimated between 24 GW and 26.7 GW. By 2030, the installed capacity for onshore and near-shore wind power is expected to rise to 11.3 GW, compared to the current capacity of 5.8 GW as of 2021. Consequently, the growing number of new wind turbine installations is fueling the expansion of the drone inspection and monitoring market.

The growing adoption of drones for commercial purposes is projected to drive the expansion of the drone inspection and monitoring market in the future. Commercial drones are unmanned aerial vehicles (UAVs) utilized for various applications across multiple industries, including agriculture, construction, delivery services, and insurance. Employing drones for inspections can significantly enhance business operations across these sectors, as they offer a safer and more efficient means to examine assets and collect data. Drone inspections are primarily employed for commercial purposes to ensure a safer and more efficient way to inspect assets and gather information. For example, in May 2024, the International Trade Administration, a U.S.-based government agency, reported that VUL (Association of Unmanned Aviation) anticipates a 40% increase in the global number of commercially used drones from 2022 to 2030. Thus, the rising adoption of drones for commercial applications is fueling the growth of the drone inspection and monitoring market.

Leading companies in the drone inspection and monitoring market are concentrating on creating innovative solutions, such as autonomous drone inspection services, to boost operational efficiency, lower costs, and enhance safety. Autonomous drone inspection services involve the utilization of unmanned aerial vehicles (UAVs) equipped with advanced technologies to carry out inspection and monitoring tasks without requiring direct human intervention. For example, in March 2024, Aerones, a civil engineering firm based in the U.S., introduced an autonomous drone inspection service for wind turbine blades, transforming maintenance practices in the renewable energy sector. This cutting-edge service allows drones to perform automated inspections in less than 30 minutes per turbine. Outfitted with a high-resolution 100-megapixel camera, the drones capture detailed images that are subsequently analyzed using AI to identify and categorize any damage.

Leading companies in the drone inspection and monitoring market are strategically focusing on the introduction of inspection services featuring advanced non-destructive testing methods, exemplified by the Drone UTM (Ultrasonic Thickness Measurement) inspection service. This approach is aimed at gaining a competitive advantage in the market. In a notable instance, in July 2023, Dexon Technology PLC, a Thailand-based engineering services company, unveiled its new UTM drone inspection fleet. Ultrasonic Thickness Measurement (UTM) is an advanced non-destructive testing technique employed to evaluate corrosion, erosion, and other anomalies related to wall thickness in ship hulls, pipes, and structural steel. By utilizing drones for UTM inspections, the need for large rope access teams working at heights is diminished, making the inspection process more efficient. This innovative technology enables inspection teams to swiftly and non-intrusively conduct assessments, providing a significant benefit in terms of speed and operational continuity.

In another strategic move in May 2023, XTEND, an Israel-based provider of human-guided autonomous machine systems, acquired Performance Rotors for an undisclosed amount. This acquisition serves to bolster XTEND's global business expansion and augment its capabilities in delivering human-guided, remote interactive operations across various inspection scenarios. Performance Rotors, a Singapore-based drone inspection company, brings valuable expertise to XTEND, contributing to its mission of providing innovative and effective solutions in the field of drone inspection and monitoring. This acquisition positions XTEND to further enhance its offerings and solidify its position in the competitive landscape of the drone inspection and monitoring market.

Major companies operating in the drone inspection and monitoring market include Lockheed Martin Group, Aerovironment Inc., Sky Futures Partners, Teledyne Flir LLc, Israel Aerospace Industries, BAE Systems PLC, Parrot SA, Northrop Grumman Corporation, Aerialtronics DV, Guangzhou EHang Intelligent Technology Co. Ltd., ideaForge Technology Limited, Insitu Inc., Sensefly Ltd., Skydio, Yuneec International, Airobotics Ltd., Delair, DroneDeploy, Elbit Systems, Flyability, GarudaUAV Soft Solutions Pvt. Ltd., Hemav, Hoverfly Technologies, Intelinair Inc., Kespry, Matternet, Percepto, Raptor Maps, Terra Drone Corporation, Textron Systems, ULC Robotics, Unifly, Zipline.

Drone inspection and monitoring involve the assessment of assets using unmanned aircraft, providing a valuable solution for accessing challenging, expensive, or hazardous locations where manned inspection teams may face difficulties. Drones, equipped with cameras, offer a safer alternative to human inspection, especially in locations like tall buildings or areas with potential risks. This approach enables the collection of visual data on asset conditions through monitoring, inspection, and mapping operations.

The main categories of drone inspection and monitoring devices include fixed-wing, multirotor, and hybrid types. Fixed-wing drones resemble airplanes and use a rigid wing for lift, operating in modes like remotely piloted, optionally piloted, and fully autonomous. The solutions in this field encompass software, services, platforms, and infrastructure. Various applications benefit from drone inspection and monitoring, such as construction and infrastructure, agriculture, utilities, oil and gas, mining, and others.

The drone inspection and monitoring market research report is one of a series of new reports that provides drone inspection and monitoring market statistics, including drone inspection and monitoring industry global market size, regional shares, competitors with a drone inspection and monitoring market share, detailed drone inspection and monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the drone inspection and monitoring industry. This drone inspection and monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the drone inspection and monitoring market in 2024. North America is expected to be the fastest growing region in the drone inspection and monitoring market during the forecast period. The regions covered in the drone inspection and monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the drone inspection and monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The drone inspection and monitoring market includes revenues earned by entities by providing drone inspection and monitoring services such as inspection, monitoring, and mapping operations. The market value includes the value of related goods sold by the service provider or included within the service offering. The drone inspection and monitoring market also includes sales of drone, computer peripherals and telecommunications equipment which are used in providing drone inspection and monitoring services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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